Auditor General: Scandals everywhere you look

Auditor General, Odysseas Michaelides revealed last night at a talk show on CyBC the list of scandals that the Audit Office of the Republic is currently working on. The largest scandals involve the Cyprus University of Technology (CUT) and the Sewerage Board of Pafos (SAPA). Regarding CUT, the investigation continues with new issues constantly surfacing […]

9 green spots in Nicosia in the next 9 months

Nine “Green” waste collections locations will be constructed in Nicosia district which will contribute to achieving the objectives of the EU’s Waste Framework Directive on waste (recovery, recycling, reuse, prevention). The Directive aims to protect public health and the environment, and improve the conditions of sustainable development. A Green spot is an area where recyclable […]

8% reduction in the price of electricity

A new price reduction, of around 8%, was announced by the Electricity Authority Cyprus (EAC), recording an overall decrease of 15% in the past two months due to lower fuel costs. However, after announcing a reduction in the price of electricity, the Director of the authority, Stelios Stylianou, pointed out that the prices in the […]

Turkish Cypriot of Pyla do not pay electricity, water or taxes

Pyla’s community council leader Simos Mytidis, asked the Parliament on Tuesday for immediate termination of the unequal and insulting treatment benefiting the Turkish Cypriot inhabitants of Pyla village. He complained at the Parliamentary Audit Committee that the Turkish Cypriot residents do not pay electricity, water, or even community taxes, such as waste collection, property tax […]

162 million euro owed by the top 50 tax evaders

According to the list that was sent today to the President of the Parliament by the Finance Minister, Haris Georgiades a total sum of around 162 million euro are owed to the state by just 50 tax evaders. The list includes football clubs, big-name land developers, and hotel groups. The largest sum (14.7 million) is […]

Virtual tour the upcoming Ayia Napa Marina [VIDEO]

The new Marina which will be constructed at the Agia Thekla area near Ayia Napa, here’s some quick facts: 450 slots for yachts up to 60m. 150 slots for boat maintenance and parking. 25 floor building with 68 sea-view apartments. 30 luxurious villas. Helipad Sports facilities 30000 sq m of land. 5000 sq m commercial center. 220 […]

British Airways increasing number of flights to Cyprus

Following Cyprus Airways closure, British Airways announced an increase in the number of flights to Larnaca for its Summer 2015 schedule. BA will be flying 13 times a week from London’s Heathrow Terminal 5 to Larnaca (up from 7 times a week). Economy return ticket prices will start at 249 euro. British Airways will have […]