The Cypress Observer
Your top choice for current events in the country of Cyprus
The Cypress Observer is your online news source for current events across the country of Cyprus. We strive to bring you the latest news, updates and current events from across the region with a major focus on politics and business.
Latest
October 13, 2019
CYPRUS-TO-GREECE FERRY TO BE RELAUNCHED IN MAY 2020
Natasa Pilides, the Deputy Minister of Shipping of Cyprus, has announced to the parliament that the ferry link between Greece and the island nation is set to be reinstated with the help of a ferry service between the two countries that will reportedly begin in May 2020. With the establishment of this line, an […]October 9, 2019
CYPRUS RECALLS ALL DRUGS CONTAINING RANITIDINE OVER POSSIBLE RISK OF CANCER
Cyprus’ pharmaceutical services have recalled all medications that contain ranitidine due to concerns that It has possible links with cancer. The measure has been taken in response to FDA’s announcement of the detection of low levels of NDMA – a carcinogen that is probably present in ranitidine. Tests done on animals have shown that […]October 6, 2019
MASSIVE BLAST ON ARMY BASE LEAVES TOURISTS FLEEING
A series of explosions at an army ammunition depot in Cyprus left at least 12 injured and several fleeing to save their lives. Tourists described what seemed like “several fireballs rising” from the Turkish military base, where a fire has been determined as the cause for the blasts. According to several witnesses who were […]October 3, 2019
EMPLOYERS SEEK 6 KINDS OF TAX RELIEFS
The Cyprus Employers and Industrialists Federation (OEB) General Director Michalis Antoniou has announced that the OEB has openly asked the government for six tax reliefs, that amount to €500 million annually combined. Speaking at a working breakfast, General Director Antoniou explained to journalists how said proposed tax reliefs will help increase state revenue by […]October 1, 2019
ENI AND TOTAL DRILL FOR OFFSHORE GAS APPROVED BY CYPRUS
Both France’s Total and Italy’s ENI are now approved to legally explore Block 7 of its exclusive economic zone (EEZ) – and legally conduct nine different drilling operations over the following two years. EEZ Block 7’s access, which is also claimed by Turkey was finalized in a cabinet meeting – the companies had originally […]September 26, 2019
YAVUZ TO BEGIN DRILLING OFF OF CYPRUS COAST
A statement from Energy Minister Fatih Dönmez has revealed that that a second Turkish drillship – the Yavuz will be starting to drill for gas and oil off of Cyprus’ coast. The ship, which was sent by Turkey on the 20th of June, 2019 will be exploring up until the Karpasian peninsula. The Yavuz […]