European Commission official: MPs decisions on Co-op “might have been different”

  Decisions regarding the co-operative banking sector in Cyprus might have been different, a senior European Commission official told MPs on Tuesday, but noted that the final solutio [...]

European lawmakers urge end of golden visa schemes

The European Parliament urged EU member states on Tuesday to curb money-laundering in the bloc by ending programmes by several countries, including Cyprus, to sell visa and passports, a step the multi [...]

British lawmakers vote to seize control of Brexit for a day

British lawmakers wrested control of the parliamentary agenda from the government for a day in a highly unusual bid to find a way through the Brexit impasse after Prime Minister Theresa May’s EU d [...]

Painted Lady butterflies in massive migration over Cyprus

Elli Tzirkalli, a doctoral student at Ioannina University and a butterfly researcher told, philenews that the mass migration of the Vanessa Cardui or Painted Lady starts from North Africa, passes thro [...]

Minister of Energy: Interest in gas increases

  Energy Minister of Cyprus Yiorgos Lakkotrypis said Tuesday that the fact that discoveries in the Eastern Mediterranean and Cyprus were piling up and further exploration was planned [...]

10th Economic Ideas Forum takes on Cyprus economic reforms

Speaking on fiscal issues he said that "last month we were able to issue a 15-year bond at a rate of 2.75% for the first time, clearly showing that macroeconomic stability has returned and trust is r [...]

Changes to Citizenship scheme approved

The Cabinet approved new criteria which will see a Cyprus passport being granted in exchange for an investment of €2.5 million, raising it from €2 million, including the purchase of a residency.Pr [...]

Money to help Land Registry clear backlog

THE INTERIOR Ministry has asked the House Finance Committee to release €3.6 million, part of which will go to pay for services to clear a backlog of cases at the Land and Surveys Department.Of thi [...]

Russian market expected to boost Cyprus' tourist industry this summer

Deputy Minister of Tourism Savvas Perdios told the Cyprus News Agency (CNA) on Wednesday that the Russian market is expected to boost the tourist industry of Cyprus this summer.Perdios [...]

Cyprus joins EU ban on Boeings

Cyprus said Tuesday it has suspended all flight operations of all Boeing Model 737-8 MAX and 737-9 MAX aeroplanes inside its airspace. The ban came to force at 9pm. The island said it was complying [...]

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