Popular Bank gets support from State

The House of Representatives late last night approved legislation providing for state support to the island’s second largest lender. The item was passed with 43 votes for, none against, and three abstentions.

Popular Bank seeking state aid

THE Popular Bank said yesterday it was in talks with the finance ministry and the Central Bank about state guarantees to raise fresh capital after being battered by the Greek debt write-down.

15 firms to bid for gas drilling rights off Cyprus

Major oil and gas companies such as Russia’s Novatec, Italy’s ENI, France’s Total, and Malaysia’s Petronas are among 15 firms and consortiums that are seeking to carry out exploratory drilling for gas deposits off southern Cyprus, the island’s commerce minister said Friday, despite Turkey’s strong objections.

Best Of Cyprus

Best Beaches Of Cyprus
Beaches are everywhere in Cyprus always just a short drive or walk away. One can stop almos t anywhere on the coast line and enjoy the calm ethereal beauty of the turquoise Mediterra nean waters. Cyprus has invested a lot in development and maintenance of its public beaches and there are several blue flag beaches. Cypriots are proud of their beaches and you can see elderly people picking up trash from beaches during their morning walks...



Most Beautiful Villages of Cyprus The best charm of Cyprus are its villages. No stay in Cyprus can be complete without visiting Cypriot villages on the plains and in the mountains. There are dozens of quaint, charming and peaceful little villages tucked in small corners, hill sides or valleys of Cyprus...






Best Walks and Treks
Cyprus authorities have developed 48 nature trails covering a distance of 200 kms in aggregate, spread all over Cyprus. They are unique paths introducing to the walkers a variety of vegetation, birds, natural beauty and culture of Cyprus. All trails are very well mapped and marked with adequate signposts...




Cyprus Cuisine
There is a popular joke in Cyprus that ’Cypriots live to eat’.
Every bit of celebration is with wine, beer and food. Cypriot cuisine is a typical Mediterranean menu but is also influenced by West Asia and North Africa. It is complete with pickled olives, salads, world famous halloumi, fetta and souvlaki (grilled chunks of pork, lamb or chicken) and not to forget dolmades (minced meat or rice wrapped in wine leaves) and of course sea food besides a large variety of vegetarian dishes and dips...


Cypriot Wines
Cyprus and wine making have a long history together, the country cultivating grape vine for thousands of years, dating back to at least 2300BC. The evidence has been found on a trading ship-wreck discovered in 1999. This ship was believed to be going from Greece to Egypt and was carrying about 2,500 amphorae of Cypriot wine...






Cyprus Flora and Fauna
Any hike, trek, walk or a trip to the beach you make in Cyprus, you are aware of a very rich bountiful Nature. There are hundreds of bird,animal and plant species to delight you all year round. I wanted to write about this rich variety of flora and fauna and found that though I enjoy it immensely, I have very little knowledge about it...