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Cyprus Makes Significant Bailout Progress - Mario Draghi

mario draghi anastasiadesECB chief Mario Draghi has acknowledged that Cyprus has made significant progress on its bailout programme and said that the European Central Bank is ready to cooperate and help the government and Cyprus Central Bank to solve the remaining problems.

Mr. Draghi met with President Nicos Anastasiades, Central Bank chief Chrystalla Georghadji and Finance Minister Haris Georgiades in Frankfurt this morning, to discuss the situation in the financial sector.

Troika Fifth Review Focus on Non-Performing Loans

Representatives of the EU/ECB/IMF Troika are in Cyprus for their fifth review of the island's bailout progress, and are focusing on the high level of non-performing loans, which reached 15.4 billion euros in 2012.

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Thought for Today - Take Good Care of Yourself

Do you take good care of yourself, are you surrounding yourself with an inspiring environment, pleasant people and work you love to do?

Young Woman Killed on Troodos-Astromeriti Road

Galata resident Maria Chrysi, aged 26, was killed in a road accident at 8.25am in the same spot on the Troodos-Astromeritis road where her brother died in a similar tragic event, said police.

US Navy - Cyprus Hold Search & Rescue Exercise

The US and Cyprus are to hold a search and rescue exercise on July 16th, said the ministry of defence.

Dubbed 'CYPUSA-01/14', the operation will use rescue naval units and helicopters with the 6th States Navy. Maritime accidents will be simulated, such as man over board and medevac emergency drills, said the ministry. 

Artist Andreas Tomblin Selected for Chelsea Intl Fine Art Competition

andreas tomblin bitches brewFour of artist Andreas Tomblin's paintings have been selected to be shown at the 29th Chelsea International Fine Art Exhibition in New York at the Agora Gallery.

The Chelsea International Fine Art Competition Exhibition presents the work of 33 international artists from around the world who were selected for this exhibit by the juror of the contest, critic, writer and curator Mr. Carlo McCormick.

Seizing control with an expressive and lively abstraction of colour and mark, Andreas Tomblin’s expansive square format infuses his dynamic paintings with a powerful presence.

European Commission Proposes Rules on Online Gambling Regulation

The European Commission has recommended a high level of consumer protection for minors, responsible advertising, and information for players in new rules for online gambling companies in the EU.

Woman, Man, Drowning Deaths Over Weekend

A 20-year-old woman and a 71-year-old man drowned in two separate accidents on July 13th, one in Larnaca and one in Paralimni, said authorities.

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