As of today Cyprus Popular Bank (Laiki) officially does not exist anymore. The historic bank that was founded in 1901 “closed shop” last year during the Cyprus financial crisis after years of bad management and exposure to failing Greek economy. Eventually the state recapitalized the bank and in the process acquired 84% of its equity, […]
Politics
57,63% of Cypriots did not vote at Euro Parliament elections today
A record breaking 57,63% of registered voters did not vote at today’s European Parliament elections. Voting ended as planned at 18:00 and the first results are already coming out. 60 candidates competing for 6 positions and for the first time some of them were Turkish Cypriot. Moreover for the first time over 50,000 Turkish Cypriots […]
Turkey refused entry to two Cypriot MPs
Turkey refused entry to two Cypriot MPs, referring them to the process of issuing visas prior travelling which essentially requires them to accept the Turkish position that there is no Republic of Cyprus. The issue came up this week when a two-person delegation of Parliament, consisting of the MPs Nicos Tornaritis and Stella Misiaouli Demetriou […]
Unification of Cypriot football by the end of the year
The president of the Turkish Cypriot Football Federation speaking at a press conference yesterday said that the aim is to unify the two football organisations (Greek Cypriot and Turkish Cypriot) by the end of the year. The press conference took place instead of an event at which the President of Cyprus Football Association Costakis Koutsokoumnis […]
US Vice President Joe Biden to visit Cyprus (for Famagusta)
US Vice President Joe Biden will be visiting Cyprus between 21st and 23rd May. The schedule of his visit has not been finalized yet but he is expected to have individual meetings with President Nicos Anastasiades and Turkish Cypriot leader Dervis Eroglu. The reason for his visit is the fact that Cyprus reunification talks have […]
Animal Rights Political Party to be founded in Cyprus
Tomorrow Sunday, the founding meeting will be held for the first political party in Cyprus for animal rights and welfare. The new party will take part with 3 candidates in the European Parliament elections that will be held on the 25th of May while the plan is to make a stronger appearance in the parliamentary […]
35% of Cypriot voters say won’t be voting for Euro Parliament 2014
According to a survey that was done on behalf of CyBC about the upcoming European Parliament Elections which are taking place in May, 35% of Cypriot voters will abstain from the elections. If this number becomes a reality it will be the highest ever recorded. The most disturbing outcome of the survey though, is the […]