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2071. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

2072. Upgrading Cyprus' defence urgent, Defence Minister says

Minister of Defence Charalambos Petrides said Thursday that the strengthening and upgrading the Republic of Cyprus’ defence constitutes an urgent need, given the fact that the Cyprus problem remains unresolved, and Turkey’s aggressive behaviour in Cyprus’ Exclusive Economic Zone is ongoing....

2073. KPMG Property Lending Barometer 2020

2074. Curtain rising for citizenship-by-investment program

The Presidency has before it four scenarios for dealing with the issue of purchased citizenships. The most likely possibility is that of suspending the investment program for a short period, as revealed by Kathimerini on Sunday....

2075. Tourism sector in Ayia Napa, Protaras records €15m loss in 2020

The tourism sector of the eastern coastal destinations of Ayia Napa and Protaras suffered losses estimated at €15 million during the current tourist season as a result of the stem in tourist arrivals against the backdrop of the ongoing coronavirus pandemic....

2076. US concerned over east Med tensions

A US top diplomat has criticized Turkey’s policy in the Aegean and the Eastern Mediterranean, while voicing concerns that tensions in the region complicate NATO's efforts to present a united front in the face of Russia's destabilizing activities...

2077. Greece to extend territorial waters amid dispute with Turkey

Turkey’s president warned Greece on Wednesday not to test his country’s patience or courage as the NATO allies remained locked in a tense dispute over offshore energy exploration in the eastern Mediterranean, while Greece announced plans to extend its territorial waters along its western coastline....

2078. German FM calls for ‘direct discussions’ between Greece and Turkey

“The windows for dialogue between Greece and Turkey must now be opened further and not closed,” German Foreign Minister Heiko Maas said in an emailed statement before meeting Greek Prime Minister Kyriakos Mitsotakis and his counterpart, Nikos Dendias, in Athens on Tuesday....

2079. NAVTEX wars continue in east Med

Athens has issued an advisory to mariners concerning Greek air and naval forces conducting exercises in an area that overlaps with the one reserved by Ankara in a similar advisory issued on Sunday...

2080. Nicosia mayor weighs in on migrant housing

Nicosia Mayor Constantinos Yiorkadjis has suggested asylum applicants be barred from residing downtown until their applications are adjudicated, while also calling on the government for a 'clearer housing policy'...

2081. Mitsotakis spells out message to Turkey

Greek Prime Minister Kyriakos Mitsotakis called on Turkey to “stop the provocations” in the Eastern Mediterranean and return to the negotiating table in order to resolve disagreements regarding the delimitation of maritime zones...

2082. Cyprus open to defining maritime zones

Cyprus said on Tuesday it was willing to engage with all its neighbours on defining maritime boundaries, amid a tense stand-off with Turkey in the eastern Mediterranean over jurisdiction in the energy-rich waters...

2083. Rival warnings keep on in the Mediterranean

Rival warnings continued to be issued over waters in the eastern Mediterranean this weekend, after EU ministers reaffirmed the bloc’s solidarity with Greece and the Republic of Cyprus and Turkey saying it would not “bow to banditry”...

2084. Navigating under pressure

The latest crisis in relations between Athens and Ankara is different from previous ones. It is broader in scope, it has a hegemonic dimension, and it is permeated by an imperial rather than – as in the past – nationalist attitude....

2085. Buyer’s market and herd immunity

The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...

2086. Amid tensions with Turkey, Greece in joint manoeuvres with France

Amid ongoing tensions with Turkey over disputed waters in the eastern Mediterranean, the French military conducted training exercises with Greek forces on Thursday off the southern island of Crete, including in the maritime area reserved by Turkey’s Navtex earlier this month for seismic exploration....

2087. Turkey says it wants to resolve dispute with Greece through dialogue

Turkey’s Energy Minister Fatih Donmez tweeted Wednesday that Turkey plans to lay two cables, totaling 1,750 km in length, for seismic research for energy resources in the Mediterranean Sea by August 23....

2088. Leaders of Cyprus, Greece talk strategy

Cyprus President Nicos Anastasiades was briefed on Tuesday by the Greek Premier Kyriakos Mitsotakis on the situation in Greece’s continental shelf and exclusive economic zone, where Turkey’s seismic exploration vessel is currently stationed, with the two leaders agreeing on coordinated action....

2089. Cyprus and Russia come to terms

It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...

2090. Turkish seismic research vessel within Cyprus EEZ

The Turkish seismic research vessel Oruc Reis was spotted on Monday off the Western coast of Cyprus and in the area delineated by Turkey’s fresh Navtex....

2091. A second lockdown would be a grim financial equation

With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....

2092. Turkey resumes drilling in eastern Mediterranean, Erdogan says

President Tayyip Erdogan said on Friday that Turkey had resumed energy exploration work in the eastern Mediterranean as Greece had not kept its promises regarding such activities in the region. ...

2093. Ankara slams Greece-Egypt maritime deal

Ankara was caught off guard Thursday when a secret partial maritime agreement emerged between Athens and Cairo, with the Turkish foreign ministry calling the deal 'null and void'...

2094. Egypt, Greece sign agreement on exclusive economic zone

Egypt and Greece signed an agreement on Thursday on setting up an exclusive economic zone (EEZ) between the two countries, Egyptian Foreign Minister Sameh Shoukry said....

2095. Greek PM proposes fresh talks with Turkey on maritime zones, or World Court

Greece’s Prime Minister reiterated a call for bilateral talks with Turkey on the delimitation of maritime zones in the Aegean and the Eastern Mediterranean, adding that if these don’t work, they should refer the issue to the International Court of Justice (ICJ) in The Hague....

2096. Cyprus calls for EU task force on island

The European Union must do more to fill a power vacuum in the eastern Mediterranean brought on by a perceived US disengagement from the region, and Cyprus is ready to host an EU task force to achieve that goal, the island nation's foreign minister said Wednesday...

2097. Greek PM tweaks cabinet to increase efficiency on economy, labor and environment

Prime Minister Kyriakos Mitsotakis has introduced changes to the makeup of his cabinet aimed at increasing its “operational efficiency,” government spokesman Stelios Petsas said on Tuesday....

2098. Cyprus perturbed over Russia tax move

Finance ministry officials in the Republic of Cyprus say they were caught by surprise when Russia announced it would scrap a bilateral double tax treaty, with Moscow suggesting there was no other alternative after talks had failed...

2099. Greek FM says Athens got Nicosia’s back

Nicosia and Athens are seeking ways to further oppose Turkey’s moves in the eastern Mediterranean, after Ankara signaled it was ready for dialogue but also sent a seismic research vessel in Cypriot waters...

2100. Greece ‘overreacted’ to Turkish research mission, Erdogan spokesman says

Ibrahim Kalin, spokesman of Turkish President Recep Tayyip Erdogan, said Thursday that Greece had “overreacted” to plans by Turkey to proceed with an oil-and-gas research mission south of Greek islands in the Eastern Mediterranean....