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2791. EC to force energy companies to share their profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

2792. Turkish Cypriot properties a thorny issue on the campaign trail

Candidates for the Presidential Elections that will take place in February 2023 paid a series of visits on Tuesday and Wednesday to villages, agencies and institutions while criticizing the government on various issues such as the management of the Turkish Cypriot properties in the government-controlled areas....

2793. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

2794. Alexandroupoli and the three-way barter

Turkish President Recep Tayyip Erdogan seems to be obsessed with the northern Greek port of Alexandroupoli. He’s furious about the American presence at this strategic port and realizes that it serves US interests vis-a-vis Russia at this critical juncture. ...

2795. Cyprus starts golden passport trial with a paradox

A defense attorney in the golden passport trial set to begin next month raised a conflict of interest on Monday, when his client and former House speaker along with three other defendants appeared for their arraignment before a Nicosia district judge...

2796. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

2797. Cyprus continues special education debate

2798. Cyprus hopeful about EU migration pact

The interior ministry in the Republic of Cyprus says an EU council draft that makes adoption of asylum and migration rules a priority includes a Green Line reference, seen by Nicosia as an important step in its attempt to block flows from the northern part seen by the south as 'instruments of Turkey'...

2799. Greek government uses citizens to report tax evaders

The Independent Authority for Public Revenue (AADE) is about to launch a new smartphone app in the coming days whereby citizens will be able to check whether the receipts they received are genuine....

2800. 150% increase in foreign direct investment - 600% increase in the technology sector

Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....

2801. Rejected Estia applications to be re-examined upon appeal

The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....

2802. Queen Elizabeth under medical supervision - Concern for her health

Doctors are concerned about Queen Elizabeth's health and have recommended that she remain under medical supervision, Buckingham Palace has announced....

2803. Major banks across Europe turning off hot water and preparing diesel generators

Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....

2804. Germany to revise immigrant laws to allow more skilled migrant workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

2805. Proposed marriage act aims to fix divorce in Cyprus

The government in the Republic of Cyprus is reviving attempts to reform marriage law, with legislation proposals aiming to modernize divorce proceedings, eliminate outdated laws, and prevent child marriages that could violate statutory rape laws...

2806. EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

2807. USA: A classified document on another country's nuclear arsenal was found in Trump's home

A classified document detailing a foreign country's defenses, including its nuclear capabilities, was found during an FBI search last month of Republican former President Donald Trump's home in Mar-a-Lago, Florida, a newspaper report said Tuesday. Washington Post published in its online edition....

2808. Banks imposing stricter lending standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....

2809. Liz Truss to freeze energy bills for households

British Prime Minister Liz Truss plans to freeze household energy bills at their current level for this winter and the next, paid for by government-backed loans to energy suppliers, the BBC reported Tuesday....

2810. Public schools to be digitally upgraded by 2025

The Cypriot Ministry of Education, Sports and Youth on Tuesday signed a €20 million contract for the provision of digital support services, paving the way for the transition towards digital public schools....

2811. EU citizens can now apply for a visa on arrival in Saudi Arabia

Citizens from European Union countries planning to travel to Saudi Arabia will be subject to the new tourist visa scheme that the latter’s authorities have introduced in order to increase the number of international visitors to the country....

2812. Cyprus donates 175 thousand euros to Missing Persons Committee

Presidential Commissioner Photis Photiou handed over on Monday to the head of the UN Development Programme (UNDP) office in Cyprus, Jakhongir Khaydaro, the amount of 175 thousand euros to the Committee on Missing Persons in Cyprus as a donation from the Republic of Cyprus to the Committee....

2813. Russia threatens, no more gas via Nord Stream 1 if sanctions are not lifted

Gas supplies from Russia to Europe via the Nord Stream 1 pipeline will not fully resume until the "collective West" lifts sanctions against Moscow for its invasion of Ukraine, the Kremlin has said, according to the Financial Times....

2814. Liz Truss becomes Britain new PM after Johnson fallout

Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....

2815. Presidential candidates on the move as campaign heats up

The presidential election campaign trail over the weekend ended with the Cyprus Green Party deciding next month on the name of the presidential candidate it will support. ...

2816. More than €370m earmarked for rural and mountain communities

"The government supports rural areas and their residents", Cyprus’ Transport Minister, Yiannis Karousos said on Sunday evening, stressing that in 2019 the government adopted the National Strategy for the Development of Mountain Communities, for the first time since the establishment of the Republic of Cyprus....

2817. Ryanair blames 'lack of incentives' for closing its Athens hub

The intense competition in the domestic market, which started to shrink Ryanair’s share, is the reason why it decided to close its base in Athens this winter....

2818. Metsola: 'Europe's bloc is made stronger by the discovery of so much natural gas in your country'

In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....

2819. Rumors about Israel-Lebanon gas pact as Cyprus sits out

America’s energy czar is purported to be mediating a secret gas arrangement between Israel and Lebanon, a Herculean task given delineation complexities but not farfetched given ongoing efforts to resolve similar disputes between Tel Aviv and Nicosia...

2820. AKEL calls out DISY on investor contributions

The second meeting of the Audit Committee, with the report of the Auditor General of the Republic on the Cyprus Investment Programme being the only item on the agenda, confirmed that the Golden Passports will be at the forefront of the opposition's election campaign. In an inkling of what's to come, AKEL seems to be leading the way in keeping corruption issues at the center of the opposition's discourse during this election season. ...