Nicosia

Axed Cyprus Air staff scuffle with police during protests against airline's closure

Axed Cyprus Airways staff scuffled with police on Monday during protests against the closure of the national carrier after it was deemed to contravene EU state aid rules.

Around 300 airline staff demonstrated outside the Finance Ministry in Nicosia to voice their disagreement with the government over the closure.

Barbaros returns to Cyprus EEZ, denting hopes for talks

Turkish-Cypriot officials said Tuesday that the Barbaros seismic research vessel was returning to Cyprus?s Exclusive Economic Zone, where Nicosia is currently drilling for hydrocarbons.

They said that a new maritime order, or Navtex, declaring Turkish authorities? intentions for the Barbaros to remain in Cyprus?s EEZ until at least April 6, had been issued.

Greek Cyprus warns Turkey against any new energy moves

Greek Cyprus warned Turkey Jan. 2 that if it re-entered the exclusive economic zone where Nicosia has licensed exploratory drilling there would be no chance of resuming stalled U.N.-brokered peace talks.
      
Government spokesman Nicos Christodoulides said any such a move would be a "worrying development" and would only "validate the reason for not returning to the talks."

Pilot recalls last flight to Cyprus airport

Capt. Adamos Marneros gazed with foreboding at the dots on the radar screen of his passenger jet as it prepared for landing on Cyprus.

It was before dawn on July 20, 1974, and the view of from his cockpit confirmed his suspicions: Turkish warships were approaching the Mediterranean island in an invasion triggered by a coup by Greek Cypriots aiming to unite with Greece.

Hellenic Bank expects Athens listing in early 2015

Cypriot lender Hellenic Bank anticipates a listing of its shares on the Athens Stock Exchange in early 2015, its chairwoman said on Wednesday, giving the bank access to additional market liquidity.

"I would say that within, probably, the first couple of months of 2015 that would be possible," Irena Georgiadou told Reuters.

Ankara proposes private firm to seek natural gas off Cyprus

Turkish government officials on Tuesday defended Ankara’s continuing violation of Cyprus’s Exclusive Economic Zone (EEZ ) and proposed the foundation of a private company to undertake oil and gas drilling activities in the eastern Aegean until a solution is found to the Cyprus problem.

Pages