Cyprus

Sheer officiousness… There might be a far better and definitely more accurate way of putting it, but the ethics of the profession don't allow me. Thus I can only say "officiousness" about what happened at Lefke European University in northern Cyprus.

The European Bank for Reconstruction and Development (EBRD) said on Wednesday it bought 15 percent of retailer Fourlis's 40 million-euro bond last month, in another effort to kick-start the ailing Greek economy.

Turkish Cypriot President Mustafa Akıncı has pointed to mid-2017 for a referendum on the island for the citizens of both of the communities to decide whether or not to accept a peace deal aimed at being reached before the end of 2016. 

President Prokopis Pavlopoulos invited the international community and the European Union on Tuesday to assume their share of responsibility for the situation in Cyprus and the recent questioning of the Lausanne Treaty, during a ceremony at Decelea’s air base to receive the remains of Greek military personnel who died in Cyprus 42 years ago.

Cyprus has returned remains of Greek commandos and air force crew killed in a military accident in 1974 when Turkey invaded the Mediterranean island. At a ceremony Tuesday, President Nicos Anastasiades issued an apology for the incident - known as the Noratlas air crash - when a military transport plane was shot down by Cypriot fire and 31 officers were killed.

Greek tourism industry faces the risk of falling into a disinvestment orbit unless the state offered tax incentives, Iason Perdios, chief executive of Louis Hotels told AMNA. In an interview, Perdios noted that high taxation combined with high social insurance contributions and constant changes in tax legislation were the basic factors of discouraging would-be investors to build new hotels in t

Cyprus formally apologized to Greece on Tuesday as it handed over the remains of 16 Greek commandos who were killed by "friendly fire" during Turkey's 1974 invasion of the island.

Greece is currently facing a number of direct challenges in matters regarding national security and foreign policy.

On the other side of the Aegean, Turkey is going through a period of intense instability and President Recep Tayyip Erdogan is becoming increasingly unpredictable.

A Cypriot special forces soldier with camouflage painted face takes part in the military parade in capital Nicosia in the divided capital of Cyprus, Saturday. President Nicos Anastasiades said in a televised address marking Cyprus' 56th anniversary of independence from British colonial rule that no modern state within the European Union has any need for third-country security guarantees.

Cyprus recorded its best ever monthly revenues from tourism in July, scooping more than 400 million euros, official data showed on Friday.

"It is the best month for tourism income ever recorded by the statistical service," said an official statement.