Nicosia calls for release of Osman Kavala

Cyprus on Tuesday said Turkish businessman Osman Kavala sentenced to life in prison in Ankara, should be immediately released under the European Court of Human Rights judgement. A Turkish court sentenced the

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€40 mln boost for Nicosia old town

The government will inject €40 mln into revamping Nicosia’s old town within the walls, with schemes to upgrade residents’ quality of life and attract new businesses. Presenting the Action Plan for the

Nicosia backs interest rate increase

Finance Minister Constantinos Petrides confirmed that European monetary bodies consider resorting to interest rate hikes to deal with high inflation. Addressing a conference on the future of Europe organised by the Glafcos

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