Cyprus News | Cyprus Airways Is No More

Cyprus News | Cyprus Airways Is No More

Cyprus Airways is no more after the European Commission ruled that €102m in government support given to the airline in 2012 and 2013 constituted illegal state aid. The south’s government will finance alternative arrangements for all passengers who have tickets for Cyprus Airways flights. Passengers booked to travel up to and until 9/2/2015 should […]

North Cyprus Property | Hasan Sungur’s Crystal Ball

North Cyprus Property | Hasan Sungur's Crystal Ball

According to Kibrisli newspaper (01.01.15) Hasan Sungur, chairman of the Turkish Cypriot Real Estate Agents’ Union, believes there will be a surge in property purchases in 2016-17. Not this year, I see. Peering into his crystal ball he sees property price increases as a result of Europeans selling their property in the South and […]

Cyprus Problem | Turkey Will Drill For Oil Off the Cyprus Coast

Barbaros Hayrettin Pasa

Vatan newspaper (30.12.14) writing about the possible departure of the Turkish Barbaros Hayrettin Pasa seismic explorations vessel from Cyprus says the following:

“The Greek Cypriot side has half-officially announced that it will return to the table together with the NAXTEX ending as of 31 December. Until now it seems that everything is […]