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Tag Archives: Cyprus

Hot Money Moves from Off-Shores in Cyrpus to Latvia

If the IMF, the EU and the ECB had thought to count thousand by thousand funds of  off-shore companies in Cypriot Banks, they will be deeply disappointed. Real life -and capital – move much faster in times of globalization. Crisis-hit Cyprus aims to secure IMF-EU bailout within the month of October. Who …

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Tsipras Briefed G20-Diplomats on SYRIZA’s Pro-European Stance and Foregin Policy

Government challenger Alexis Tsipras from left-wing SYRIZA invited the ambassadors of G20 most industrialized states in Athens in order to brief them about the party’s pro-European stance, its programme and main objectives in foreign policy. Based on the central party position that the Memorandum of Understanding leads to the destruction of the …

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Cyprus Drilling: Tension High as “Piri Reis” Enters Block 12

Tension is high around the drilling off shore of Cyprus as the Turkish research vessel Piri Reis has allegedly entered Block 12. Greek newspaper Proto Thema claims that Piri Reis entered the area of Block 12 where US company “Noble Energy” carries out natural gas research. The Piri Reis entered the …

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Hackers Post Greek Flag on Piri Reis Route on MarineTraffic (exclusive picture)

This morning Greeks were desperately trying to find the exact position of Turkish hydrocarbon research vessel Piri Reis on Marine Traffic.com, the vessel traffic service. On some pc screens the site appeared to be down. However one – or maybe more- were lucky to get a screen shot from the hacked page. …

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Greek Defense Minister: Erdogan’s Statements Unacceptable

Greek  Defense Minister Panos Beglitis slammed as ‘unacceptable’ statements by Turkish Prime Minister Recep Tayyip Erdogan, who warned that Ankara will freeze its relations with the European Union, should Cyprus hold the EU presidency without a previous solution of the Cyprus issue. Nicosia is scheduled to lead the rotating EU …

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Greek Defense Minister: Turkish Threat is Real

“Turkish threat is not theoretical, it is real” said Greek Defense Minister Panos Beglitis during a visit to Cyprus. “We see it on the Aegean Sea, We see it in Cyprus through the occupational presence of the Turkish army, a result of the invasion in 1974.” Also Begliti’s predecessorEvangelos Venizelos …

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EU Council President to visit Greece, Apr 12

President of the European Council Herman Van Rompuy will pay an official visit to Greece on Tuesday, April 15. He will meet with Greece’s President Carolos Papoulias and  Prime Minister George Papandreou. There will be a press statement at 3:00 pm. Later Van Rumpuy will deliver a speech at the Hellenic …

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Four EU parliamentarians detained by North Cyprus police

Turkish Cypriot police have detained two European parliamentarians for allegedly trespassing on a restricted military area in the breakaway north of ethnically split Cyprus, a Greek Cypriot member of the European Parliament said on Saturday. Polish parliamentarians Jaroslaw Leszek Walesa and Artur Zasada were told that they will remain in …

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Kastellorizo: What’s in the mind of Turkish FM Davutoglu?

That Ankara keeps an eye on the islet of Kastellorizo is not new. But Turkey’s insistence that the tiny island  should be left out of the bilateral exploratory talks is something I don’t like at all. Should we see it as an Ankara’s attempt to create a new ‘grey zone’? Not similarly to …

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