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7651. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

7652. Turkey rejects EU sanctions, vows to continue drilling

EU Foreign affairs ministers who met in Brussels on Monday endorsed a decision to curb diplomatic contacts and funding for Turkey. In response the Turkish MFA issued a statement signalling that the conclusions adopted by the EU Foreign Affairs Council ‘’will in no way affect Turkey's determination to continue its hydrocarbon activities in the Eastern Mediterranean’’...

7653. The EU28 adopted measures against Turkey's illegal drilling in Cyprus

The EU Foreign Ministers endorsed, without any changes the conclusions prepared by the permanent representatives, concerning Turkey’s illegal drilling in the Exclusive Economic Zone (EEZ) of Cyprus, cutting the EU pre-accession assitance for 2020, suspending EU- Turkey high political dialogues and stopping European Investment Bank’ lending activities in the country....

7654. Famagusta mayor Alexis Galanos passes away

Alexis Galanos, who served as the 7th President of the House of Representatives, between 1991-1996, passed away while on holidays in Greece. ...

7655. Recovering lost ground

The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events. ...

7656. Nicosia to reject Turkish natural gas proposal

A proposal by Turkish Cypriot leader Mustafa Akinci for a committee that would jointly administer natural gas affairs is expected to be rejected by the government and party leaders when they meet on Tuesday...

7657. Turkey will drill for gas until Cyprus accepts plan

Turkey will continue drilling for gas in waters off Cyprus if the internationally recognised Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara’s foreign minister said on Sunday. ...

7658. Community bids farewell to Sierra

The funeral of little Sierra, the youngest of seven victims in the Orestis serial killer case, was held on Sunday, exactly three months after the body of her mother was discovered in an abandoned well...

7659. Morning sirens trigger memories of 1974

Emergency sirens sounded all over the island on Monday morning to mark the anniversary of a military coup in 1974...

7660. Cyprus parliament suspends foreclosures

The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...

7661. Which way will SYRIZA go?

It will take a couple of months before we see what kind of style SYRIZA plans to adopt in its reprised role as the country’s main opposition party. For the time being at least, it appears willing to cut some slack to the new government of Prime Minister Kyriakos Mitsotakis. ...

7662. The new government, image and symbolism

The first indications from the new government are sending out all the right signals. Tuesday’s handover ceremonies at the ministries confirmed a return to normalcy, after a decade-long crisis that painfully divided the country. Both sides should be given credit for the civilized political discourse that prevailed during the change of guard. It is hoped that this spirit will continue during the debates that are expected to take place in Parliament, not only in the sense of a more sophisticated rhetoric, but also, hopefully, in the approval of some government bills by the new main opposition....

7663. Neo Plaza construction up for grabs

Companies from Greece and Cyprus are showing interest in building Neo Plaza, a price-slashing outlet mall in west Nicosia...

7664. George Low murder still open case

The unsolved murder of George Low was back in the headlines this week, with some new information about additional possible suspects and a frustration over two identified suspects who remain at large...

7665. Britain says Iran attempted to block its oil tanker

Three Iranian vessels tried to block the passage of a British ship through the Strait of Hormuz but withdrew after warnings from a British warship, the British government said on Thursday. ...

7666. Large areas of Halkidiki without power after deadly storms

About 80 percent of Halkidiki, and specifically the first and a small section of the second peninsula that make up the regional unit, remained without power a day after storms and gale-force winds toppled trees and utility poles, the head of the union of Public Power Corporation employees (GENOP) said Thursday....

7667. UNFICYP mandate extended for another six months

UN Secretary General Antonio Guterres has recommended that the Security Council extends UNFICYP’s mandate until January 31, 2020 in recognition of its continued contribution to the maintenance of peace and stability. ...

7668. Six killed as severe weather hits Greece

7669. Nicosia bypass closer to the start line

The long-awaited Nicosia bypass on the perimeter of the capital is a step closer to the start line, with reports saying a tender could be announced as early as next week...

7670. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

7671. PM hopefuls battle over Brexit in bad-tempered debate

Boris Johnson and Jeremy Hunt, rivals to become Britain’s next prime minister, clashed over who could be most trusted on Brexit on Tuesday in a sometimes bad-natured television debate just two weeks before one will be crowned...

7672. President Anastasiades meets Spehar in Limassol

7673. Trump congratulates Mitsotakis, pledges to maintain close cooperation

The two leaders expressed their mutual interest in working together and continuing strong cooperation between the United States and Greece, the White House said. ...

7674. US urges Turkey to halt drilling operations off Cyprus

The United States has said that Turkey's most recent dispatch of the drillship Yavuz to conduct drilling operations off the Karpas Peninsula of Cyprus is a "provocative step" and has urged Turkish authorities to halt these operations. ...

7675. Semi truck targeted in Limassol explosion

Police are investigating a bomb incident following an explosion underneath a private company’s truck in Limassol...

7676. Bloomberg: EU to cut aid to Turkey over Cyprus EEZ violations

Bloomberg's Viktoria Dendrinou and Nikos Chrysoloras report that the European Union is considering suspending most high-level contacts with Turkey and cut the flow of funds in protest of the Turkish drilling activities in the Cyprus EEZ. ...

7677. UK opposes Turkish drilling plans off Cyprus, calls for de-escalation

London opposes Turkish drilling plans off Cyprus and calls for de-escalation, noting that disputes such as this are resolved through dialogue...

7678. Mitsotakis, expectations and the need for unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

7679. Labour would back remain in second Brexit referendum

Britain’s Labour Party leader Jeremy Corbyn challenged whoever becomes the country’s new prime minister to test their Brexit plan with a second referendum on European Union membership, saying his opposition party would campaign to remain. ...

7680. A wise verdict

The Greek people voted wisely, as they have done in the past. They have given Kyriakos Mitsotakis a comfortable majority and a strong mandate. A percentage so close to 40 percent is unprecedented in the years of the crisis, as is a government with an outright majority. ...