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1981. Defence Minister, Egyptian Ambassador discuss defense cooperation

Bilateral cooperation in the fields of defence and security and the implementation of the Bilateral Defence Cooperation Program for 2021 was on the agenda of a meeting between Cyprus' Defence Minister Charalambos Petrides with the new Ambassador of Egypt Amr Mohsen Hamza on Thursday....

1982. The key to a successful investment lies in… behaviour?

1983. EU keeping close eye on Turkish moves

European Union foreign ministers have agreed to a “wait-and-see” approach towards Turkey, with some member-states appearing more skeptical of Ankara’s recent overtures....

1984. The chaos of the pandemic in the north

The coronavirus pandemic is continuing to affect the north against the backdrop of broad political and economic insecurity, with the recent manoeuvres of the Ersan Saner ‘government’ raising questions as to the ability of the Turkish Cypriot leadership to effectively address the pandemic....

1985. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

1986. Turkey and Greece to resume talks

Turkey and Greece will resume talks aimed at reducing tensions between the neighbors on Jan. 25, Turkish and Greek officials announced Monday, following this summer’s dispute over maritime borders and energy rights in the eastern Mediterranean...

1987. Violent brawl breaks out at Pournara

A large-scale violent confrontation between groups of asylum seekers erupted at Pournara camp on Monday night, with police calling for backup and two dozen ending up in the Emergency Room...

1988. Cyprus, Portugal agree to take ties to next level

Cyprus Foreign Minister Nikos Christodoulides paid an official visit to Portugal’s capital on Thursday for a tête-à-tête with his Portuguese counterpart Augusto Santos Silva on the occasion of Portugal’s assumption of the presidency of the Council of the European Union on January 1....

1989. Cyprus, US sign Declaration of Intent on border security

Cyprus and the USA signed on Tuesday a Declaration of Intent on strengthening cooperation on border security issues, in view of enhancing their capacity to counter common threats and foster stability in the region. ...

1990. 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...

1991. Britain and EU publish Brexit trade agreement

Britain and the European Union on Saturday published the text of a narrow trade agreement just five days before the United Kingdom exits one of the world’s biggest trading blocs in its most momentous global shift since the loss of empire ...

1992. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1993. 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....

1994. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

1995. 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...

1996. Cyprus calls on Egypt to assist in persuading Turkey to shift intransigent stance

Cyprus President Nicos Anastasiades has asked the Egyptian government to exert every effort towards persuading Turkey to alter its intransigent stance and to reverse its unilateral and provocative actions, in view of ultimately easing of tensions in a consistent and sustained manner, allowing the cultivation of a climate that is conducive to facilitating the resumption of the peace process....

1997. Turkey at risk of extended sanctions by March, EU source tells Kathimerini

Ankara could be slapped with more European sanctions depending on the findings of an evaluation report on Turkey expected by March, a senior diplomatic official has told Kathimerini on condition of anonymity....

1998. 5G bidding process wraps up, first licences in January 2021

The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....

1999. New Chinese Ambassador hails deepening relations with Cyprus

China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....

2000. Cyprus to launch 5G frequencies auction

In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....

2001. Ankara tries to open Jerusalem channel

In a bid to create rifts in Israel’s alliances with Greece and Cyprus, Turkey is reportedly trying to open channels with Tel Aviv through proposals officially submitted by retired rear admiral Cihat Yayci, architect of Ankara’s expansionist Blue Homeland doctrine and its maritime borders pact with Libya. ...

2002. 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....

2003. EU leaders pull Turkey punch at last minute

European Union leaders agreed on Thursday to prepare limited sanctions on Turkish individuals over an energy exploration dispute with Greece and Cyprus, postponing any harsher steps until March as countries sparred over how to handle Ankara...

2004. EU leaders weigh sanctions over Turkey’s Med drilling

Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....

2005. EU to toughen sanctions on Turkish drilling, draft summit statement says

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....

2006. Cyprus, Greece and Jordan to step up cooperation

Cyprus, Greece and Jordan vowed Tuesday to further enhance their trilateral cooperation, which will cover defence and security issues as well as economic and trade cooperation....

2007. Past week was the worst epidemiologically since outbreak

Health minister Constantinos Ioannou was the bearer of unpleasant news on Tuesday, announcing that the current epidemiological situation doesn’t appear to leave room for the planned relaxation of measures from December 14....

2008. Turkey shrugs off effect of sanctions as EUCO looms

The intense consultations between European Union member-states on the bloc’s response to Turkish aggression in recent months are expected to continue until the 11th hour before the start of Thursday’s crucial leaders summit. ...

2009. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

2010. Cyprus revises travel rules for vaccinated passengers

An inter-ministerial committee set up to spearhead the gradual resumption of flights agreed on an updated action plan on Thursday that allows those passengers who have been vaccinated against coronavirus to be exempted from the requirement of showing proof of a negative test....