Cyprus

Russian investors funding a construction boom in occupied Cyprus

by Antony Antoniou
February 5, 2024

Russian investors funding a construction boom in occupied Cyprus
Northern Cyprus: A Sanctions Haven Seeing a Construction Boom

The breakaway Turkish Republic of Northern Cyprus (TRNC) has seen rapid growth and development in recent years, particularly in the construction sector. A key driver of this has been an influx of foreign money, especially from Russian investors and expatriates seeking to escape sanctions and find favorable economic conditions.

Cypriot Tales – Proksenia (Marriage Introduction)

by Antony Antoniou
August 21, 2022July 20, 2023
1 Comment

Cypriot Tales – Proksenia (Marriage Introduction) Now here’s a word that would leave all second-generation Cypriots trembling in their boots, yes my darlings, it’s Proksenia time., because you are too happy being single, if you get married, you may be miserable, but at least you are married. You didn’t… Read More »Cypriot Tales – Proksenia (Marriage Introduction)

Cypriot History – Byzantine Period

by Antony Antoniou
December 24, 2020

Byzantine period After the division of the Roman Empire into an eastern half and a western half, Cyprus came under the rule of Byzantium. The cities of Cyprus were destroyed by two successive earthquakes in 332 and 342 AD and this marked the end of an era and at the… Read More »Cypriot History – Byzantine Period

Cyprus criticises Orthodox bishop for insulting gays

by Antony Antoniou
December 24, 2019

NICOSIA, Cyprus (AP) — An official says the Cyprus government is “greatly troubled and dismayed” by an Orthodox Christian bishop’s comments on homosexuality, which he said were needlessly stirring up social tensions on the Mediterranean island nation. Government spokesman Prodromos Prodromou said Tuesday that Morphou Bishop Neophytos’ remarks clash with… Read More »Cyprus criticises Orthodox bishop for insulting gays

Cypriot History – Armenians

by Antony Antoniou
December 24, 2019

A large part of the Armenian community in Cyprus descends from survivors of the 1915 genocide in Anatolia who initially settled in neighbourhoods of the capital Nicosia. Following the independence of the island from British colonialists in 1960, these neighbourhoods fell under Turkish-Cypriot administration. As the ethnic conflict unfolded between… Read More »Cypriot History – Armenians

Cypriot History Timeline

by Antony Antoniou
December 24, 2019

Human habitation of Cyprus dates back to the Paleolithic era. Cyprus’s geographic position has caused Cyprus to be influenced by differing Eastern Mediterranean civilisations over the millennia. Periods of Cyprus’s history from 1050 BC have been named according to styles of pottery found as follows: Cypro-Geometric I: 1050-950 BC Cypro-Geometric II: 950-850 BC Cypro-Geometric III: 850-700… Read More »Cypriot History Timeline

Anastasiades faces money laundering reports

by Antony Antoniou
August 17, 2019July 21, 2023

Anastasiades faces money laundering reports The government branded on Saturday media reports linking President Nicos Anastasiades and his law firm to the so-called Troika laundromat as libellous and devoid of reality. A report by the Organised Crime and Corruption Project (OCCRP) released on Wednesday linked the president and his law… Read More »Anastasiades faces money laundering reports

Cyprus to hike corporate tax rate

by Antony Antoniou
August 11, 2019July 21, 2023

NOBODY expected auditors, lawyers and business organisations to embrace finance minister Harris Georgiades’ suggestion for an increase of corporate tax from 12.5% to 15%. Low corporate tax, which was 10% before the economic crisis and 4% for foreign businesses before entry to the EU, was arguably the main incentive for… Read More »Cyprus to hike corporate tax rate

Cyprus – A road-map for the future

by Antony Antoniou
August 11, 2019November 24, 2023

SUMMARY In this article, I wish to convey my personal opinion on the way forward for our island. BACKGROUND Protectorate of Cyprus (1878−1914) In 1878, as a result of the Cyprus Convention, the United Kingdom received as a protectorate the island of Cyprus from the Ottoman Empire in exchange… Read More »Cyprus – A road-map for the future