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Justice For Cyprus · 5h ago

First Cypriot to reach Everest peak

THE FIRST Cypriot set foot on the summit of Mount Everest yesterday at 9am, Cyprus time, flying the flag on the top of the 8848m peak. Giorgos Andreou, 39, has made the list of climbers – around 3,000 until now - to have succeeded in the treacherous journey to the top of the world’s highest mou...
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Justice For Cyprus · 5h ago

Co-op Banks assume crucial role in times of financial crisis

Co-operative banks assume an increasingly crucial role in the efforts to bring about growth amid the current adverse economic environment, a conference heard yesterday. This message was pointed out by Cypriot Minister of Finance Vassos Sharly in a message delivered to a conference titled ''the co...
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Justice For Cyprus · 5h ago

Report: Israel to deploy 20,000 commandos in Cyprus

Israel News Israel plans to deploy 20,000 commandos in Cyprus in order to protect its energy projects in the region, Anatolia news agency reported Sunday. According to the puzzling report, Prime Minister Benjamin Netanyahu and his Cypriot counterpart, Demetris Christofias, met in February in o...
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Justice For Cyprus · 5h ago

Omirou: Cyprus to seek recourse at UNSC regarding Turkish threats

House President Yiannakis Omirou has proposed that the Cyprus government should seek recourse at the Security Council of the United Nations, as regards threats by Turkey on the island’s sovereign right to explore and exploit its hydrocarbon reserves in its Exclusive Economic Zone (EEZ). Speakin...
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Justice For Cyprus · 5h ago

Greek exit would hit Cyprus hard

GREECE leaving the eurozone would be a nightmare for Cyprus, and it won’t matter much what steps the government is currently taking to save the banks or the economy, experts agree. On Friday parliament approved legislation that could part-nationalise the Popular Bank, the island’s second-larges...
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Justice For Cyprus · 1d ago

Nightmare foretold if Greece heads for euro exit

ATHENS/LONDON: In Athens, the homeless are on the streets in growing numbers, soup kitchens feed twice as many people as a year ago, and the poor are diving into garbage bins in search of scrap they can sell. Greece is close to breaking point as it struggles with austerity targets set by creditor...
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Justice For Cyprus · 1d ago

Bank crisis hits Cyprus as government moves to part-nationalize Popular Bank

Fears were growing for banks in Cyprus today after the country moved towards a possible part-nationalisation of the Cyprus Popular Bank, its second-largest lender. The news could have implications for many savers here after a push by the Bank of Cyprus, the country's biggest bank, in recent years ...
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Justice For Cyprus · 1d ago

Turkey warns companies against Cyprus gas search

By SUZAN FRASER Turkey on Friday called on major international oil and gas companies seeking licenses to search for gas deposits off Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening to ban them from Turkish energy projects. Companies such as Russia...
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Justice For Cyprus · 1d ago

Nicosia condemns Turkish threats on EEZ

Cyprus Government will pursue its plans as regards the second licensing round for hydrocarbons in its exclusive economic zone (EEZ) despite the threats and the aggressive stance shown by Ankara, the President of the Republic Demetris Christofias said on Friday. Speaking during the opening ceremo...
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Justice For Cyprus · 1d ago

Greece stuck between hell and a nightmare

ATHENS: The two main figures in what promises to be Greece's most electric election in living memory are on a collision course, with one predicting ''hell'' if Athens adheres to EU-mandated austerity and the other forecasting a ''nightmare'' if the nation abandons reforms and gives up the euro. Em...
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