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1831. Turkey reacts to US plan for military education, training for Cyprus

Turkey expressed its disagreement over a US government plan to make International Military Education and Training (IMET) available to Cyprus, saying it does not help resolve the island’s division....

1832. Emirates SkyCargo expands network to Larnaca

Apart from Larnaca, the new cities added to the air cargo carrier’s network include Accra, Algiers, Athens, Fort Lauderdale, Glasgow, Los Angeles, Male, Moscow (SVO), Phnom Penh, Rome, Santiago, Sialkot and Tunis....

1833. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

1834. Turkey warns it will respond if EU takes fresh measures against it

Turkey will respond with its own steps if the European Union imposes further sanctions on Ankara, Foreign Minister Mevlut Cavusoglu said on Monday after meeting the EU’s top diplomat....

1835. Moody's: Payment holidays shield Cyprus banks in 2020, but deterioration likely in 2021

Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...

1836. Berlin to press Ankara over drilling plans for East Med

Berlin plans to play an active role, in the context of Germany's presidency of the European Council, in easing tensions in the Eastern Mediterranean where Turkey plans to expand its exploration for oil and gas in contravention of Greek and Cypriot exclusive economic zones...

1837. EU gives go-ahead for Cyprus-Greece ferry connection subsidy

Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....

1838. Cyprus based company KRU Overseas continues to supply coal to Cyprus domestic market

KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....

1839. US ambassador sees opportunities in Cyprus

US Ambassador to Nicosia Judy Garber says the pandemic aftermath in Cyprus could be seen as an opportunity for the island, praising officials for managing the crisis and calling the country a “fantastic place for people” to do business...

1840. Commission approves €6.3m incentive scheme to boost Cyprus air connectivity

The European Commission on Thursday approved a €6.3 million incentive scheme aiming to boost Cyprus air connectivity and tourism through incentivizing airlines affected by the coronavirus outbreak to re-establish air routes to and from the island....

1841. Greece reopens regional airports, says Covid-19 risk calculated

Greece reopened its regional airports to international flights on Wednesday, pinning its hopes on a recovery in tourism after a three-month lockdown....

1842. Cyprus slams Turkey over fish wars

Republic of Cyprus Agriculture Minister Costas Kadis issued an indicting statement against Turkey this week, when he accused that country of illegal activities in Cypriot waters during a fisheries control teleconference...

1843. Berlin ready to support Cyprus solution process

Berlin intends to be supportive if asked to do so by all parties involved in Cyprus settlement efforts, the Ambassador of Germany to Cyprus, Franz Josef Kremp, told the Cyprus News Agency....

1844. New Ministers of Justice and Defence sworn in

The new Ministers of Justice and Defence, Emily Yiolitis and Charalambos Petrides, were sworn in at the Presidential Palace on Monday....

1845. Homeless hermit rescued in Akamas

A dehydrated man who resorted to finding shelter in the Akamas wilderness was rescued Sunday, after an inquisitive citizen notified authorities about a person possibly in need of help...

1846. EU top official and Cyprus defence minister fly over Cyprus' EEZ by helicopter

The EU foreign policy chief Josep Borrell joined the Cyprus defence minister Savvas Angelides on a helicopter ride over the Republic’s exclusive economic zone to observe the sea areas that are increasingly emerging as zones of contention....

1847. North sending mixed signals over opening to Turkey on July 1

The Turkish Cypriot administration was giving off mixed signals over plans to restore connectivity with Turkey on July 1, with head of the administration Ersin Tatar stating Thursday it had decided to stick to the decision and double-check arrivals for the virus, contradicting statements made Wednesday by Kudret Ozersay, in charge of foreign affairs in the north, who said that the administration had failed to reach a final decision and was considering to re-evaluate the move....

1848. Israeli FM asks Cyprus to serve as moderator in its talks with EU countries

Israeli Foreign Minister Gabi Ashkenazi requested that Cyprus serves as a moderating voice in Israel’s talks with European countries, the Isreaeli Foreign Ministry’s spokesperson said Wednesday....

1849. Cyprus FM on 'short but important' visit to Israel

The “short but important” visit of Cyprus foreign minister Nikos Christodoulides to Israel on Tuesday, as his Isreali counterpart Gabi Ashkenazi described it in a tweet, is set to focus on ways to strengthen bilateral relations between the two countries. ...

1850. PwC Cyprus: a steady supporter of entrepreneurship and innovation

1851. Turkish FM accuses Athens of shirking dialogue

Turkish Foreign Minister Mevlut Cavusoglu dismissed accusations that Ankara is unwilling to seek a solution through talks with Greece, saying that the Greek prime minister needs to “look in the mirror and ask himself where he went wrong.” ...

1852. Parliament approves bills for tougher penalties for decree violators

Parliament on Friday passed into law two bills providing for significantly higher penalties for businesses that violate coronavirus decrees....

1853. No progress among EU leaders on virus recovery deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

1854. Cyprus FM holds telephone conversation with new Iraqi FM

Cyprus Foreign Minister Nikos Christodoulides shared on Thursday a telephone conversation with the new Foreign Minister of Iraq Fuad Hussein...

1855. Interior minister presents bills for streamlining asylum procedures

The house legal committee discussed on Tuesday a bundle of four bills, submitted by interior minister Nicos Nouris, that seek to streamline procedures for the processing of applications filed by asylum seekers as well as appeal proceedings....

1856. Five new support schemes announced as Cyprus enters recovery stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

1857. Businesses pursue strategies for turning challenges into opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

1858. Cyprus the highest climber in IMD 2020 World Competitiveness Ranking

Cyprus was the highest climber in the 2020 IMD World Competitiveness Rankings, marking an improvement in all four categories that make up the overall ranking....

1859. Mitsotakis makes Israel his first destination

Greek Prime Minister Kyriakos Mitsotakis is traveling to Israel today on his first foreign visit since the coronavirus outbreak. The message is clear, and it is being sent out in several directions. After deepening their mutually beneficial relationship (which is not aimed at any third country) for a decade, Greece and Israel are pushing ties to a new level....

1860. Greece will be better prepared for second wave of Covid-19, PM says

Greece will be better prepared if the coronavirus pandemic resurfaces in fall, Prime Minister Kyriakos Mitsotakis said on a television interview on Sunday night....