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361. The superiority of transparency and efficiency

The Hellenic Republic signed a contract to purchase 44 torpedoes for its 214HN submarines, considered a significant asset against Turkey....

362. Christos Stylianides sworn in as Minister

Greek Cypriot Christos Stylianides was sworn in today as the new Minister for Climate Change in Greece....

363. Menendez says two-state wrong for Cyprus

American Senator Bob Menendez, a longtime champion of Hellenic causes, said during his visit to the Republic of Cyprus that his goal was to see the last Turkish soldier leave the divided island...

364. Congress presses State on Turkey’s drone program

Twenty-eight members of the House of Representatives, led by Congressmen David Cicilline of Rhode Island and Gus Bilirakis of Florida, wrote to Secretary of State Antony Blinken to '[express] concern over Turkey’s UAV program, which has destabilized multiple regions of the globe and threatens US interests, allies, and partners'...

365. Cypriot teams waste no time in Attica

A Cypriot fire fighting team dispatched to Greece this week wasted no time upon arrival in Attica on Wednesday, as wildfires in the broader area continued to threaten the wider region in the hottest part of the summer...

366. Cyprus scrambles in wake of Greek, Turkish fires

Greek Cypriot fire fighters and civil defense volunteers flew to Greece on Wednesday to help battle blazes in that country, while a Turkish Cypriot team was also due in neighboring Turkey which has also extended a call for international assistance due to deadly wildfires...

367. Cyprus against the clock to stop Erdogan

Cypriot Foreign Minister Nikos Christodoulides has been going all out on a preemptive diplomatic strike aimed at garnering support in Brussels, Washington, and the international community to stop the Turkish President from revealing ‘surprises to the world’ during a scheduled visit to the island on July 20...

368. Shipping Industry Cyprus - B2B Meetings with German Companies

369. Larnaca seafront’s last oil tank gone

A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...

370. KPMG Announcement

KPMG in Cyprus wishes to inform you that our partner, Antonis Rouvas has decided to accept appointment as Group CFO at Hellenic Bank...

371. US-Greece-Cyprus naval training exercise in pictures

Greece, Cyprus and the United States conducted a joint training exercise in naval special forces that ran between 16-24 March off the coast of Souda bay in Crete....

372. 8.3% of local youth has social media addiction symptoms

A survey on the likelihood of young people getting addicted to social media and the internet has shown that 8.3% of Cypriot youth is faced with symptoms of addiction to social media, while the replies of 24% of participants suggested an overall problematic use of the internet. ...

373. Turkey says Greek fighter jets ‘harassed’ research vessel; Greece rejects claim

Greek fighter jets “harassed” Turkey’s research vessel Cesme while it was sailing in international waters in the Northern Aegean, National Defense Ministry sources were cited as saying on Tuesday by Turkey’s state-run news agency Anadolu....

374. Athens protests new Turkish Navtex

Greece’s Foreign Ministry on Thursday lodged a demarche with Turkey’s Foreign Ministry through its embassy in Ankara in protest at the announced plans for an upcoming Turkish hydrographic survey between the Greek islands of Limnos, Skyros and Alonnisos from Thursday to March 2. ...

375. FinMin: Cyprus to reduce debt once pandemic normalises

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

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

377. Cyprus, Greece conduct joint search and rescue exercise

A joint Search and Rescue Exercise dubbed “SALAMIS – 02/21” was conducted on Monday between Cyprus and Greece....

378. Military man detained over 5G bomb attack

A private soldier was arrested on Tuesday in connection with an explosion outside a CYTA branch in Limassol last month, with police investigators estimating at least five people were involved in the anti-5G attack...

379. Greek, Cypriot and US special forces hold joint exercise

Special forces from Greece, Cyprus and the United States are holding a joint exercise in the sea area off the naval base at Souda Bay on the southern Greek island of Crete, state-run Athens-Macedonia news agency (ANA-MPA) reports....

380. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

381. Folli Follie report unveils 17-year scam

The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers. ...

382. Heath ministry announces 457 new cases

383. Health ministry announces one death, 401 new cases

The health ministry announced one coronavirus fatality and 401 new cases on Wednesday, raising the death toll to 85 and total cases to 16,190....

384. Cyprus mourns two more deaths, detects 339 new cases

The health ministry announced two more coronavirus fatalities and 339 new cases on Tuesday, raising total deaths attributed to the virus to 84 and total cases recorded since the outbreak of the pandemic in March to 15, 789....

385. Bomb goes off ahead of 5G auction

An explosion took place outside a CYTA branch in Limassol with media speculating the attack could be linked to an upcoming announcement this week over 5G contracts...

386. Greece, UAE commit to mutual defense assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

387. Council of Europe report critical of Greece's migrant pushbacks, detention conditions

A Council of Europe report, released Thursday, calls on Greece to stop pushbacks of migrants and calls out the country on the conditions in several migrant detention centers....

388. Expert concerned over cases at private hospitals, businesses

Member of the government’s health advisory committee Dr Petros Karayiannis raised the alarm on Friday over the large numbers of new coronavirus cases being detected among employees of private sector establishments such as hospitals, universities, banks, and companies....

389. Athens bracing for a protracted crisis

Athens is preparing on both a diplomatic and military level for a protracted crisis in the Aegean and the Eastern Mediterranean until at least the end of the year when the European Union’s ultimatum to Turkey expires in December. Other crucial political milestones will be the US elections on November 3 and the void created until the president is sworn in on January 20....

390. Cabinet approves revocation of seven citizenships

The Cabinet on Wednesday gave the green light for the initiation of the process for the revocation of Cypriot citizenship granted to seven persons through the Investment Program. ...