A deflationary price trend continued in May, when the Consumer Price Index fell by 2.2 percent compared to the same period last year, said the Cyprus Statistical Service (CySTAT). In the twelve-month period from June 2015 to May 2016, in comparison to the period from June 2014 to May 2015, the annual average rate of […]
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The police took disproportionate action in executing an Egyptian father holding his son hostage in Oroklini on May 21st, and ignored previous reports of domestic violence between the man and his wife, said non-government organisation KISA. The fact that the attorney-general has appointed an independent investigator is positive, said a spokesman for the NGO. Bad […]
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The UN has condemned the unjustified restrictions imposed by the Turkish-Cypriot administration in the Turkish-held north of the island, said UN human rights expert Karima Bennoune after visiting Cyprus from May 24 - June 2nd. “The current political situation in Cyprus creates many obstacles to the exercise of cultural rights,” she said. I condemn unjustified […]
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British woman Theresa Brome, 82, was tragically killed in a road accident in Paphos when her vehicle rear-ended a truck on the Paphos-Limassol highway next to the Paramali exit. After the violent collision, Mrs. Brome was trapped in the car while members of the British Bases’ police force fought to get her free. The accident […]
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Opinion After many decades of observing the high-handed way many state officials behave in Cyprus - as if they are above the law and free to abuse their power - it is refreshing that President Anastasiades decided to show up in court like any other responsible citizen and testify in former deputy attorney-general Rikkos Erotokritou’s […]
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Every day, you have the opportunity to contribute to this world in many unique ways, using your skills, your talents, wisdom and knowledge but it’s your imagination that will change the world as it’s the dynamic of your creativity to manifest new ideas and things. Imagining, fantasizing and visualizing are the ingredients for a process […]
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In a historic first for a president-in-office, President Nicos Anastasiades is testifying as a defense witness in former deputy attorney-general Rikkos Erotokritou’s trial for corruption and accepting bribes in Nicosia district court. The president said he had done his duty for his country, and that from the moment he was called as a witness, he had […]
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Cyprus’ economy is expected to grow in excess of two percent in 2016, said Finance Minister Haris Georgiades in a speech at the International Funds Summit. The island has managed to balance its budget and eliminate the deficit in the last three years, he said. “We have also overseen the revamping of our banking sector. […]
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Property sales are now subject to 19 percent VAT from five percent, in accordance with EU rules, while municipal taxes have been dropped, meaning a savings of 50 percent for taxpayers, said Finance Minister Haris Georgiades. The new rules have caused some confusion in the property market, with one Limassol-based developer complaining that any profits […]
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The reunification talks between President Nicos Anastasiades and Turkish-Cypriot leader Mustafa Akinci are back on again on June 8th after the insulting treatment the Turkish government served to the president at a dinner for state heads in May. The president cancelled a leader’s meeting with Akinci in Cyprus after he was invited to attend the […]
Continue Reading ...Sponsored blog by Global InterGold When was the last time you checked gold prices? Here you go. May 25, $1224 per ounce. Just to remind you, at the end of 2015 it was a little higher that $1000 per ounce and 15 years ago - only $280. What else needs to be said? The […]
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Hatred and nationalism cause destruction, said Nestoras Nestoros, a member of the Committee on Missing Persons, which is unearthing and identifying the remains of two thousand Greek-and-Turkish Cypriots killed in the inter-communal fighting and Turkish invasion of 1974. His full speech at the exhibition ‘Beneath the Carob Trees’ is below: “Today is a very special day for […]
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FXTM Research Analyst Lukman Otunuga comments on renewed Brexit anxieties souring investor risk appetite. In today’s note: Global stocks were swift to relinquish their gains during trading on Tuesday as the toxic combination of renewed Brexit anxieties and ongoing concerns over the unstable financial landscape soured investor risk appetite. Asian equities descended deeper into the […]
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Police have raided a Facebook user’s home on suspicion of animal cruelty and illegal hunting after he posted a photo of a dead fox on his timeline. Dozens of outraged animal welfare activists reported the post to the police, and he was tracked down, said authorities. A criminal investigation was launched and the suspect’s home was […]
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The positions between the Greek-and-Turkish Cypriot communities have hardened after President Nicos Anastasiades was badly treated in Istanbul during a UN conference, and cancelled a meeting with Turkish-Cypriot leader Mustafa Akinci, who has reacted by calling it an ‘impulsive’ move. If President Anastasiades doesn’t return to the negotiating table, it will mean that the separation […]
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