Official: Nine Lebanese Banks to Withdraw from Cyprus
NICOSIA — Nine Lebanese banks are shutting down their operations on the Mediterranean island of Cyprus, a representative of the Cyprus Central Bank said on Tuesday.
NICOSIA - The lingering COVID-19 pandemic all but forgotten as health measure restrictions were being rapidly eased, Cyprus’ opening to tourists again could bring more than 2 million this year, said Deputy Tourism Minister Savvas Perdios.
NICOSIA — Nine Lebanese banks are shutting down their operations on the Mediterranean island of Cyprus, a representative of the Cyprus Central Bank said on Tuesday.
NICOSIA - Seven countries including Greece, the US, France, Italy and Israel have taken part in a series of drills in and around Cyprus designed to ease civilian evacuations from conflict zones and to conduct offshore rescue operations, amid a renewed sense of urgency due to the war in Ukraine.
NICOSIA - Natural gas from the Aphrodite field off Cyprus could be exported by 2026, Energy Minister Natasa Pilides said, telling a parliamentary committee there are a number of options.
NICOSIA - The COVID-19 pandemic is still going on but you can’t tell it from the numbers of tourists arriving on Cyprus as they’ve been pouring back in with the spring season underway and anticipations of a big summer.
NICOSIA - The center of Cyprus' capital of Nicosia can be a grey and dreary place but will be renovated in a 40-million euro ($43.
NICOSIA - The United States' abrupt shift toward siding more with Turkey's insistence on taking part in energy hunts has seen Cyprus delivered the message there's no hope for the so-called EastMed Pipeline.
NICOSIA — No data currently suggests Europe will fall into stagflation, a combination of high inflation, little or no economic growth and high unemployment, the European Central Bank 's president said Wednesday.
NICOSIA - The COVID-19 pandemic and limited air connections that combined to drive down tourism on Cyprus showed a need for more lures and activities for viewers beyond beaches, officials said.
NICOSIA - European Union sanctions against Russia for the invasion of Ukraine will likely see Cyprus' economy – which relies on Russian tourists and investors – taking a beating, ratings agency DBRS Morningstar reported.
NICOSIA - One of the reasons for Russia's failure to quickly conquer Ukraine in its invasion is because military funds over the years were stolen to buy mega-yachts on Cyprus, said Russia's former foreign chief Andrey Kozyrev.
NICOSIA - Cyprus, home of so much Russian money and investments it's been called Moscow on the Med, nevertheless said it will go along with European Union sanctions over the invasion of Russia – at some point.
NICOSIA — RCB Bank in Cyprus said Thursday an "extremely volatile geopolitical situation" has prompted it to wind down operations and turn itself into an asset management company.
NICOSIA - The world fallout on markets of Russia's invasion of Ukraine has ironically caused more problems for Cyprus, home to many Russians and a key tourism market for the country, over getting food and materials.