Defying Turkish Threats, Cyprus Plans Full Speed Ahead Energy Drilling
Ignoring Turkey’s warnings to stop, Cyprus’ government is planning repeated rounds of drilling for oil and gas in its Exclusive Economic Zone (EEZ) where foreign […]
Economy
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Minister: Gas Drilling at 8 Sites off Cyprus over 24 Months
LIMASSOL, Cyprus (AP) — Cyprus’ energy minister says energy companies will drill in search of natural gas in waters off the east Mediterranean island nation’s […]
Ignoring Complaints, Turkey Plans Energy Drilling Off Cyprus
Going full speed ahead, Turkey will go ahead with drilling for oil and gas in Cyprus’ Exclusive Economic Zone (EEZ,) claiming it has rights under […]
Cyprus Economic Growth in 2019 Seen at Double EU Average
NICOSIA (AP) — Cyprus’ finance minister says the island nation’s economy is on track to grow by 3.5 percent in 2019, double the European Union […]
Cyprus’ Top Lawyer Seeks Criminal Probe in Bank’s Demise
NICOSIA (AP) — Cyprus’ attorney general’s office says it has asked police to launch a criminal investigation against officials whose actions contributed to the demise […]
Cyprus Seeks EU Backing to Counter Turkey’s Gas Drilling Bid
NICOSIA — Cyprus will rally support from fellow European Union countries and others to counter Turkey’s bid to drill in waters where the east Mediterranean […]
US Wants Turkey to Cease Provocative Drilling in Cyprus’ EEZ
WASHINGTON – The US Department of State urges Turkey to halt drilling operations in Cyprus’ Exclusive Economic Zone. “The United States is deeply concerned by […]
Cyprus: New Bond Issues Help Repay Russian Loan Faster
NICOSIA (AP) — Cyprus’ finance minister says new bond issues will save the country money by helping to pay off the remainder of a 2.5 […]
UN Notified Turkish-Cypriots Will Start Energy Drilling Off Island
In a move likely to increase tension with relations already taut between the two sides of the divided island, the self-declared Turkish-Cypriot administration – unrecognized […]
Cyprus Mulls Selling Bond to Pay Russian Loan Off Early
Eight years after Cyprus – then shut out of the markets and two years later getting a 10-billion euro ($11.31 billion) international bailout – needed […]
