Nicosia District

ATHEX: Stock decline continues at Athens bourse

The 390-million-euro sale of a National Bank stake in NBG Pangaea to Invel dominated Thursday's bourse session, which saw the majority of stocks end lower.
The Athens Exchange (ATHEX) general index closed at 725.56 points, shedding 0.81 percent from Wednesday's 731.49 points. The large-cap FTSE-25 index contracted 0.69 percent to 1,884.37 points.

Cyprus announces drilling barrage

With Nicosia seeking to consolidate its sovereign rights in view of Turkey's stance in the Eastern Mediterranean, Cyprus Energy Minister Yiorgos Lakkotrypis announced on Tuesday that the country will conduct eight drillings, six exploratory and two confirmatory, in specific areas of its exclusive economic zone (EEZ) over the next 24 months, without revealing exactly where.

Cavusoglu says drilling ship 'entirely within Turkish continental shelf'

In a letter to European Union member countries and the foreign ministers of the United Nations Security Council's permanent members, Turkish Foreign Minister Mevlut Cavusoglu said on Friday that the area off the western coast of Cyprus where Ankara plans to conduct exploratory drilling lies entirely within Turkish continental shelf.

Alleged serial killer to appear in Cypriot court on Monday

A 35-year-old Cypriot man who is facing seven counts of murder and a rape charge is expected to appear in court on Monday, as police are still searching for two more of his victims.
A crucial autopsy on Monday is expected to show the cause of death of one of Nikos Metaxas' alleged victims, eight-year-old Romanian national Elena Natalia Bunea.

Ankara ups the ante over drilling off Cyprus

In a sign that Ankara is further ratcheting up tensions in the Eastern Mediterranean, Turkish Energy Minister Fatih Donmez suggested that the country's plans to start drilling off Cyprus are within its sovereign rights, calling on "all sides to respect the research and drilling exercises within our continental shelf."