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1741. EU membership talks for Albania, FYROM set for June 2019

European Union member-states have agreed to opening membership talks with Albania and the Former Yugoslav Republic of Macedonia (FYROM) in a year if reform efforts in the two nations continue to progress....

1742. Cyprus to undertake coordinating, regional role in addressing climate change

Cyprus, a country heavily affected by Climate Change, will be faced with more intense heat waves, droughts and perhaps even new diseases, Professor Costas Papanikolas, President of the Cyprus Institute (CyI) has told CNA, stressing the importance of the International Conference on Climate Change, organised recently by CyI, as well as the primary regional role of the Institute....

1743. There is still hope for Cyprus to host Eurovision 2019

Despite being the first runner-up in this year’s Eurovision song contest, there appears to be a small chance that Cyprus could still be the host next year due to political and security concerns in Israel...

1744. With eye on re-election Tsipras rolls dice on Macedonia

Greek Prime Minister Alexis Tsipras is taking a big gamble in trying to settle a decades-old name dispute with neighbouring Macedonia which could backfire in a pre-election year among voters already jaded by his economic austerity policies...

1745. Britons dash to become German before Brexit

Driven by the prospect of Britain’s withdrawal from the European Union next year, the number of British passport holders who became German citizens jumped by 162 percent last year, Germany’s Federal Statistics Office said on Wednesday...

1746. Britons living in Cyprus have nothing to fear post-Brexit

Britain says it has secured the right for UK nationals living in Cyprus to keep the same status that they currently enjoy as EU citizens...

1747. Cyprus forecasts high GDP growth of 3% plus until 2021

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...

1748. Tsipras says Greece will meet fiscal targets with no fiscal gap in 2018-9

Greece and its foreign creditors agreed that the country will meet its fiscal targets in the coming years and there will be no fiscal gap in 2018 and 2019, Prime Minister Alexis Tsipras told his cabinet ...

1749. There could be no flights after Brexit

There is a possibility that flights will not be able to take place the day after Britain’s planned departure from the EU next year...

1750. Netflix's next big thing: feeding the service with its own movies

As Hollywood studios unleash their summer blockbusters into theatres, Netflix is trying to give film buffs a reason to stay home...

1751. Brexit-hit EU staff ditch UK passports

About one in 10 British civil servants at the European Commission has taken another EU nationality since the Brexit vote, but are nonetheless resigned to scant prospects of future promotion...

1752. Radisson hotels take over Larnaca

The well known Radisson hotel chain will soon be welcoming guests in Larnaca, with Radisson Blu coming in July and two more in the works ...

1753. Bank of England keeps powder dry on rate rise

The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...

1754. TUI plans to bring more German tourists to Cyprus

TUI holiday operator hopes to bring more German tourists to Cyprus next year, starting in the summer of 2019 while boosting efforts to make the island an all-year-round destination...

1755. EBRD more upbeat about Cyprus growth rate

The European Bank for Reconstruction and Development has revised significantly its projection for Cyprus’ economic growth rate this year, in the context of a wider upward revision of its forecasts for the EBRD regions...

1756. Cyprus-Egypt gas pipeline could cost $1 billion

A pipeline connecting Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian petroleum minister Tarek El Molla said on Monday...

1757. Experts says Cyprus economy to grow by 3.8% this year

The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%. ...

1758.  Nobel Literature prize scrapped for 2018 over sex scandal

No Nobel Prize for Literature will be given this year, because of a scandal over sexual misconduct allegations that has seen a string of board members resign from the board of the Swedish Academy that makes the award...

1759. EU predicts strong growth as unemployment declines

The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...

1760. Oil tank demolition paves the way for a new Larnaca

The first oil tank demolition started Thursday on the old Larnaca-Dhekelia road, with President Nicos Anastasiades doing the honours by helping cut the first piece using a welding torch...

1761. Another UK minister bites the dust over immigration

Home Secretary Amber Rudd resigned on Sunday after Prime Minister Theresa May’s government faced an outpouring of indignation over its treatment of some long-term Caribbean residents who were wrongly labelled illegal immigrants...

1762. Construction of Ayia Napa marina enters second phase

The construction of the Ayia Napa Marina recently entered its second phase, as a recent video allows viewers to imagine how this magnificent project could raise the game for local business and tourism on the island. ...

1763. New Turkey's hasty birth

The way in which the snap elections were called is not normal, nor is the unsettled situation in the country and on its borders...

1764. Limassol residents want mobile antenna removed

Pissouri residents threaten to pull their kids out of school if Limassol authorities fail to remove a mobile telephony tower that is transmitting next to the community’s elementary school. Scientists remain unconvinced of any real health risk over wifi signals, but parents insist they don't want to take any chances....

1765. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

1766. Early elections in Turkey give Greece the jitters

Recep Tayyip Erdogan’s decision to call for snap elections on June 24 is of direct consequence to Greece, more than at any other time, as the Turkish president increasingly espouses a nationalist stance and invests in the political gains this brings him....

1767. Erdogan declares early elections

President Tayyip Erdogan said on Wednesday Turkey’s presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency....

1768. IMF projects Cyprus GDP growth to exceed 4% in 2018-19

According to the forecasts included in the WEO, based on previous assessments, the Cypriot economy is expected to record a growth rate of 3.6% in 2018 and 3% in 2019 - lower than last year's 4% and the IMF prediction...

1769. Supply teachers go on strike

1770. Banks in Cyprus, Greece and Portugal may need further reserve build-up

Fitch also notes that average NPL/total loan ratios at the EU`s largest banks had declined to 4% by end-2017 from 6.5% at end-2014...