Nicosia, Cyprus News

Country pledges to stick to terms of a 10bn bailout after president's appeal for more help is turned down Cyprus has pledged to stick with the terms of its a 10bn bailout after EU officials signalled they would reject an appeal from the country's president, Nicos Anastasiades, for additional help.

An Israeli diplomat serving in Cyprus was left with no choice but to cut her mission two years short after her 15-year-old son found himself the target of ostracization at school because he was a Jew and Israeli.

NICOSIA, Cyprus - Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.

Capital controls in Cyprus are doing more damage than a one-time levy on savings and need to be lifted as soon as possible, Commerce, Tourism and Industry Minister George Lakkotrypis said.

A TV presenter, her brother and two other men have been convicted of ordering the murder of a media tycoon in Cyprus.

The Vatopedi Monastery on Mount Athos, which was embroiled in a huge land swap scandal that emerged in 2008, has been linked to losses of some 4 billion euros for the Cypriot banking system from non-performing loans issued by Marfin Popular Bank, according to figures provided to a parliamentary committee in Nicosia by former Greek MP Dimitris ... (more)

Hyperion Systems Engineering announces that it will supply the Operator Training Simulator for the propane dehydrogenation plant of Advanced Petrochemical Company in Saudi Arabia.

Nicosia --- The provision of emergency liquidity to the Cypriot Banks by the Central Bank of Cyprus through the ECB`s Emergency Liquidity Assistance has played and continues to play a stabilizing role, allowing the smooth functioning of the banking system and preventing the disorderly default of the state, CBC notes.

Oil Company STAROIL continues to expand its network, announcing the operation of its sixth star in Tseri Nicosia, Cyprus.

Nicosia -- Turkey provocatively continues its intransigent stance by promoting unacceptable positions which in fact lead to an indirect recognition of the illegal regime in the north and the fait accompli of the Turkish invasion in Cyprus, Defence Minister Photis Photiou stressed.

EUROPE'S SEVEN MOST ENDANGERED MONUMENTS AND SITES ANNOUNCED: EUROPA NOSTRA Art Daily June 12 2013 ATHENS.- The Roman amphitheatre in Durrës in Albania, the buffer zone in the historic centre of Nicosia in Cyprus, Vauban's 17th century fortifications in Briancon in France, the Renaissance monastery of San Benedetto Po in Italy, the 15th ... (more)

A female TV host has been sentenced to life in prison over the execution-style killing of her former boss, Cyprus media magnate Andy Hadjicostis.

NICOSIA Despite union unrest, cash-strapped Cyprus Airways will proceed with the immediate redundancy of 420 employees in a bid to save up to a 2 million monthly.

Omonia's hopes of a cash injection ahead of next season receded yesterday when negotiations with FC Sion over the sale of Demetris Christofi broke down.

Four people charged with the conspiracy to murder Cypriot publisher Antis Hadjicostis three years ago were handed down life sentences by the Nicosia Assizes Court Thursday amid tension and scuffles in the court room.

All four defendants in the Antis Hadjicostis trial were found guilty of his murder Thursday and jailed for life at Nicosia assizes.

Urals Energy Public Company Ltd. Evagoras Building, Office 34, 3rd Floor 31 Evagoras Avenue CY-1066 Nicosia CYPRUS Tel.: +357 22 451686 Fax: +357 22 451687 Urals Energy PCL , the independent exploration and production company with operations in Russia, announces that it has entered into a short-term loan agreement with Petraco under which Petraco ... (more)

The Roman amphitheatre in Durres in Albania, the buffer zone in the historic centre of Nicosia in Cyprus, Vauban's 17th century fortifications in Briancon in France, the Renaissance monastery of San Benedetto Po in Italy, the 15th century monastery in Setubal in Portugal, the historic mining landscape of Rosia Montana in Romania and the Armenian ... (more)

Another animal cruelty case was reported yesterday in the Paphos village of Lemba, while Nicosia district court postponed a hearing in the case against a man charged with viciously beating a dog in June 2012.

NICOSIA The public and private sectors are joining forces to use European funds to further promote medical tourism to boost the teetering economy and tackle the age-old problem of seasonality.