Thursday September 18, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Nicosia paves way for first casino

NICOSIA Cyprus will grant its first license for a casino resort within about a year, the government said on Friday, to be built in the south of the island where gambling has been strictly prohibited. Scores of Greek Cypriots regularly cross into the north of Cyprus, a breakaway Turkish Cypriot state recognized only by Ankara and where there are several casinos.

The ruling Conservatives see allowing gambling as vital for the tourism industry, creating jobs and attracting big spenders, particularly after last years international financial bailout.

Cypruss previous communist government, in power until early 2013, had flatly refused to entertain the idea despite reported interest from foreign operators.

Some Cypriots still see gambling as socially and morally undesirable.

The island draws about 2 million tourists a year, with the sector representing about 10 percent of overall output.

Authorities said they would invite expressions of interest in a two-stage selection process once approval of relevant legislation is approved by parliament. [Reuters]

ekathimerini.com , Friday August 1, 2014 (20:02)  
Very lucky punters set to be probed
London roadshow starts with record turnout
Banks set to request 6.1 bln under TLTRO
More efforts to cut the price of milk
SYRIZA ahead of ND, new opinion poll shows
A new opinion poll conducted in September showed opposition SYRIZA ahead of conservative New Democracy. The survey was carried out by a University of Macedonia research institute on behalf o...
Extradited Greek couple to face magistrate in Athens
Greek businessman Kyriakos Griveas and his wife Anastasia Vatsika were expected to face a magistrate in Athens on Thursday after a British court agreed to extradite them following a European...
Inside News
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
SOCCER
Mitroglou rediscovers scoring touch after Fulham let-down
Costas Mitroglou banished the memories of his disappointing spell in England after breaking a 10-month goal drought as Olympiakos Piraeus secured a thrilling 3-2 Champions League win over At...
Inside Sports
COMMENTARY
Greek societys and lenders fatigue
The issue of early elections continues to dog the coalition government despite all the official denials. That the administration is losing its cool is obvious. The political discourse has no...
EDITORIAL
Legitimacy control
The process of checking the authenticity of the qualifications of civil servants hired in the broader public sector during the period of major waste and corruption must move on. The evaluati...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. SYRIZA ahead of ND, new opinion poll shows
2. Extradited Greek couple to face magistrate in Athens
3. Very lucky punters set to be probed
4. London roadshow starts with record turnout
5. Banks set to request 6.1 bln under TLTRO
6. More efforts to cut the price of milk
more news
Today
This Week
1. Extradited Greek couple to face magistrate in Athens
2. SYRIZA ahead of ND, new opinion poll shows
3. SYRIZA victory would spark a bank run, PM reportedly warns
4. Loud patriotism
5. Production of the new Pony to start by the end of the year, NAMCO says
6. Davutoglu calls for a two-state solution in Cyprus
Today
This Week
1. Greece on standby
2. Avramopoulos appointed Commissioner for Migration and Home Affairs
3. Central Athens traffic restrictions back in force on Monday
4. Greece at bottom of social justice scale among EU28
5. EU bank tests may miss trillion dollar risk, study finds
6. Lost in the fog
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.