Cyprus airports’ operator Hermes said the island is on course to meet its nine million passengers target after an upward trend in traffic recorded in recent months continued in November. Until November, airports welcomed 8.7 million passengers, up from 4.8 million in 2021. Some 10.8 million passengers passed through Cyprus’ airports in the first eleven
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Cypriot and foreign basketball players are involved in match-fixing scandals, according to an independent probe commissioned by the Cyprus Sports Ethics and Protection Committee. The probe’s 523-page report was handed to Attorney General George Savvides by the head of the committee, Andreas Kapardis. According to a Phileleftheros daily, Kapardis also told Savvides the body was
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Cypriot chef Panicos Panagiotou was crowned ‘Best Overall’ in the hotly contested British Forces Cyprus Christmas Cake competition. The festive fun saw professional military and civilian chefs take part in a bake-off to see who could come out on top and make the best Christmas cake. The traditional event saw 18 brightly coloured offerings judged
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Cyprus welcomed the adoption of the EU Council Conclusions on Enlargement, which called on Ankara to stop any actions that could potentially lead to upgrading the breakaway north. “This reference is included for the first time in EU Council Conclusions and is considered to be of paramount importance in light of Turkey’s efforts to upgrade the status
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By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares flashed red on Thursday, tracking declines in Wall Street overnight after the Federal Reserve signalled interest rates will climb higher than anticipated. This fresh development strained risk appetite as investors became concerned over tighter monetary policy triggering a recession. European futures are pointing negative on
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European Union citizens remain steadfast in confirming the EU’s backing for Ukraine after Russia’s invasion, with 74% approving of this support except in Cyprus. According to the European Parliament’s Autumn 2022 Eurobarometer survey, support for Ukraine varies between member states, with Cyprus ranking fourth from the bottom of the list (53%). Greece and Bulgaria share
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Cyprus Airways plans to rapidly expand its fleet and widen its scheduled destinations in a five-year ambitious growth plan. During a presentation to stakeholders, the CEO of Cyprus Airways, Paul Sies, highlighted the achievements of the past two years when the airline faced unprecedented events, including the Covid pandemic and geo-political turbulence. Despite this, he
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Capital Intelligence upgraded most of its rating for Hellenic Bank a day after the CEO returned to work after being cleared of any wrongdoing in a CySEC probe into alleged market abuse. Oliver Gatzke was back in his office on Monday following the lifting of the board’s decision to sideline the German pending investigation into
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When built at the cost of €144 mln, Nicosia’s new Cyprus Museum will be one of Europe’s finest, officials said. It’s the largest project in the government’s 2023 budget, with the construction contract signed on Wednesday. Minister of Communications and Works, Yiannis Karousos, said: “Today is a historic day for our country, a historic day
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By Craig Erlam Equity markets are paring gains ahead of the Federal Reserve announcement on Wednesday, perhaps a little caution ahead of the final decision of the year. The announcement, forecasts, and commentary will set the scene for next year, in particular the first quarter which is still fraught with uncertainty over just how far
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