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451. Anastasiades joins EUCO summit prep with EU leaders

President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...

452. Government announces new housing schemes and incentives

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....

453. Cyprus supporter to lead US foreign committee

Cypriot President Nicos Anastasiades says he looks forward to working with US Senator Bob Menendez, after the NJ Democrat was named officially chairman of the foreign relations committee in the new Congress...

454. President lashes out at critics

Cypriot President Nicos Anastasiades in a televised address on Thursday rejected allegations of corruption within his office and administration, accusing the opposition and media of singling out his former law firm for being involved with golden passports and appealing on the political parties’ patriotism to support a new strategic plan to fight corruption...

455. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

456. Quake rattles Cyprus, no damage reported so far

An earthquake with an estimated magnitude of 5.1 shook Cyprus on Thursday afternoon, though reports of any damage have yet to emerge...

457. MPs vote on budget hanging by a thread

The House takes another vote on the state budget on Thursday, with representatives expected to pass the bill narrowly following behind-the-scenes consultations since the first time it was rejected in mid-December...

458. COVID-19 is adding new impetus to finance transformation

459. Cypriot FM visits Gulf before US inauguration

Cypriot Foreign Minister Nikos Christodoulides flew to the United Arab Emirates on Monday to hold a private meeting with his counterpart, days after the two countries signed a military cooperation agreement but also days before a changing of the guard in Washington could spell trouble for US arms sales to Gulf states...

460. Cyprus aiming for full absorption of EU funds

Finance Minister Constantinos Petrides said Cyprus wants to achieve an absorption of 100% of the maximum of €968 million it could receive from the European structural and investment funds, but this requires that Cyprus invests in projects amounting to €1.8 billion....

461. Cyprus holds turned thumb over lockdown

Cyprus’ lockdown stance continued to remain unclear following a special meeting between experts and the health minister, with the government hinting thumbs down for a new lockdown citing economic reasons but also thumbs up for stricter measures after hospitalizations reached dangerous levels...

462. Kalogerou probe fails to impress opposition

The chair of the ad hoc committee that looked into allegations of wrongdoing last year as Cyprus’ golden passports scandal was unfolding defended the choice to go after high profile cases, following criticism from opposition parties that say the focus was too narrow...

463. Report on passport scheme to be released, President says

President Anastasiades said the report of the investigative committee spearheaded by Securities and Exchange Commissioner Demetra Kalorigou on the island’s disgraced citizenship-by-investment program will be released next Tuesday....

464. DIKO raises conflict of interest for AG

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

465. Cyprus’ passport probe dispute widens

Cypriot President Nicos Anastasiades and DIKO party leader Nicholas Papadopoulos took their disagreement over probing golden passports to a whole new level this week, while questions remained over the independent committee’s reassurances of transparency in the investigation...

466. Police in the dark over Kolossi fight

Police investigators remain in the dark over a violent confrontation with political undertones in Limassol on Wednesday, with reports saying an army captain in remanded custody is refusing to cooperate with law enforcement authorities...

467. AG says release of 'golden passports' files would harm investigations

The findings of the investigative committee looking into the Cyprus’ disgraced Citizenship by Investment scheme will be made public to the degree that will not affect public interest, Attorney General Giorgos Savvides said Friday....

468. DBRS warns against protracted process in approving bugdet

Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....

469. Blame game in full swing after budget vote

The government in the Republic of Cyprus faced an unprecedented challenge on Thursday, after failing to pass a 2021 budget in the House, with lawmakers approving stopgap measures to keep making payments for the next couple of months...

470. Parliament votes state budget down

Parliament on Thursday voted the 2021 state budget down with 29 votes against and 24 in favour....

471. State budget battles rage on in Cyprus

Ruling party DYSI has been mounting a campaign over the last 24 hours to secure votes to pass the state budget, which is up in the air over golden passport probe wars, with added pressure also causing rifts even within smaller parties...

472. Turkey’s defence industry to go it alone

US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...

473. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

474. Cyprus traffic cameras venture set in motion

The contract for the study, installation, and maintenance of the island’s new traffic camera system was signed on Monday, setting into motion the pilot phase of the project that was several years in the making....

475. Dendias warns against appeasing Turkey

Greek Foreign Minister Nikos Dendias says the European Union should have shown more determination in taking decisions regarding Turkey, breaking ranks with Cyprus’ president who said he was fully satisfied with EC conclusions...

476. State budget up in the air over golden passports

Opposition parties are cranking up the pressure on Interior Minister Nikos Nouris, who has been refusing to hand over files in connection with the golden passports scandal, with the Democratic Party making good on its promise not to vote the state budget later this month if there is no transparency...

477. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

478. Cyprus 2021 defence budget up by €70 million

The six pillars of the defence ministry’s strategic aims in defence and security matters were presented before the parliamentary finance committee by defence minister Charalambos Petrides on Monday, in the context of his ministry’s budget for 2021....

479. Cyprus digital transformation plan laid out

Cyprus' Deputy Ministry of Research, Innovation and Digital Policy is looking towards a two-speed plan, separating the aim for digital transformation into small high-speed and longer-orientated projects, in order to ensure effectiveness, Deputy Minister Kyriacos Kokkinos said on Thursday....

480. Government unleashes new bundle of support measures

Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....