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Turkey will react to Exxon’s drilling, Ozersay says

Turkey will react to the drilling later this year by US energy giants ExxonMobil, even if there are ongoing Cyprus talks, Turkish Cypriot ‘foreign minister’ Kudret Ozersay said in the second part of his interview on Monday.

Neophytou to continue contacts with Turkish Cypriot side

Ruling Disy leader Averof Neophytou said on Sunday that in view of the meeting between the two leaders on Friday, he would continue in the meantime to have contacts with Turkish Cypriot politicians and parties.

Fitch upgrades Cyprus to investment grade

Fitch Ratings has upgraded Cyprus’ sovereign rating to investment grade, ‘BBB-‘ from ‘BB+’, with a stable outlook as the island expects a 2.7 per cent fiscal surplus this year and continuous growth that will boost receipts.

Kudret Ozersay: Turkish Cypriots will reject a loose federation

The Turkish Cypriot side does not accept a ‘loose federation’ as a way of reunifying the island, Turkish Cypriot ‘foreign minister’ Kudret Ozersay has said, adding that the Greek Cypriots’ refusal to share power and natural resources was…

Cyprus Airways becomes IATA member

Cyprus Airways on Monday announced it had become a member of the International Air Transport Association (IATA) that represents more than 280 airlines around the world.