Monday, October 10, 2022

Turkey to re-inforce military presence in northern Cyprus -Erdogan

ISTANBUL, Sept 28 (Reuters) - Turkey will re-inforce its military presence in northern Cyprus after the United States lifted defence trade restrictions on Cyprus, Turkish President Tayyip Erdogan said on Wednesday.

Speaking in a televised interview with broadcaster CNN Turk, Erdogan

 

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Turkey condemns US decision to lift Cyprus arms embargo

Turkey condemned a move by the United States to fully lift its weapons embargo on the divided island of Cyprus starting in 2023, warning it could start an arms race.

The foreign ministry said on Saturday the decision would “further strengthen the Greek Cypriot side’s intransigence

 

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Arrest over illegal sale of TV subscriptions

A 35-year-old has been arrested in Limassol, police said on Monday, suspected of copyright infringement for selling television subscriptions in Cyprus from a company abroad which he had no right to sell.

Police found the suspect, who was a director at the company, after receiving

 

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Mortgage to rent scheme for distressed borrowers moves ahead

The mortgage to rent scheme is moving forward as state-owned asset management agency Kedipes, the finance ministry, banks and the EU are finalising the details, reports said on Monday.

The ‘Mortgage to Rent’ scheme was discussed at the recent visit of EU officials, ECB officials,

 

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Companies fined for causing death of two workers

Two Limassol companies on Monday were each fined €19,000 and two people were handed commuted prison sentences for causing the death of two workers.

According to an announcement from the labour welfare department, the companies EM Athanasiou Constructions & Development Ltd and DTA

 

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