Prime Minister Kyriakos Mitsotakis is heading to Brussels on Wednesday for a European Council meeting on Thursday where he will face the difficult balancing act of backing further funding for Turkey to curb the flow of refugees toward Europe while also supporting sanctions against Ankara for its illegal drilling off Cyprus and its incursion in northern Syria.
Lebanon's defense minister said his country and Cyprus have agreed to work together on curbing boat loads of migrants from reaching the east Mediterranean island nation.
Elias Bou Saab said after talks with his Cypriot counterpart on Tuesday that Lebanon would pass on information to Cypriot authorities to better coordinate in heading off such arrivals.
Greek retailer Jumbo said on Tuesday it increased its dividend payout by 20 percent for its fiscal year that ended in June and will continue doing so for the next two years.
Jumbo will pay a total dividend of 0.47 euros a share for the 12 months to end-June, up from 0.39 euros in the respective period a year ago.
At 6 a.m. on July 20, 1974, Turkish troops stormed into the Republic of Cyprus in accordance with Article III of the Treaty of Guarantee of the first constitution of 1960. This mandated each of the guaranteeing parties - Greece, Turkey and Great Britain - "to take action with the sole aim of re-establishing the state of affairs" if that were ever threatened.