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301. Reynders: 'golden passport' schemes must be abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

302. Mom finds daughter’s nude video online

A young man has been arrested on child pornography charges after the mother of a teenage girl saw a nude video of her daughter online and contacted authorities...

303. Greece, US affirm commitment to boosting ties after high-level review

Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....

304. Man jailed for stealing dying patient's visa card

A hospital employee was arrested on Sunday after the wife a male patient, who died recently in Limassol’s Intensive Care Unit, told police her husband’s credit card had been stolen...

305. EP adopts resolution condemning Turkey's EastMed activities

With 601 votes in favour, 57 against and 36 abstentions, the European Parliament adopted a Resolution condemning Turkey’s activities in the EEZ of Greece and Cyprus, ahead of next week’s extraordinary European Council summit that will focus on the heightened tensions in the eastern Mediterranean....

306. Sanctions unfeasible and ineffective

Nathalie Tocci was a close adviser to former EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, during the years when the Cyprus Problem came – according to many - closer than ever to a solution. Today, she is a close advisor to Josep Borrell and, having monitored the Cyprus Problem for many years and having played a central role in the effort to formulate a European strategy for foreign policy, she has a strong view not only on Cyprus but also on the Greek-Turkish conflict. At the same time, she takes a critical approach to the efforts exerted by Athens and Nicosia to link sanctions against Turkey with those against Belarus. ...

307. Greek PM expected to unveil French defense deal on Saturday

Prime Minister Kyriakos Mitsotakis is due to unveil the details of a defense deal with Paris that was the subject of talks with French President Emmanuel Macron on the sidelines of a European-Mediterranean leaders’ meeting in Corsica on Thursday....

308. Over half of EMEA private businesses expect revenue to decline

309. Cyprus on alert as Chevron snaps Noble

The acquisition of Noble Energy by Chevron is a development that may affect the development of the "Aphrodite" deposit, the Cypriot energy minister has said...

310. Presidents of Cyprus, Greece discuss escalating Turkish provocations

Cyprus President Nicos Anastasiades and Greece’s President Katerina Sakellaropoulou held their first meeting in Athens on Tuesday, focusing the discussion on Turkey’s actions in the region and the close ties between the two countries....

311. Hellenic Bank sells its most expensive home

Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...

312. Greek position on EU migration pact

Greece’s position regarding the future of the migration and asylum pact that the European Commission is expected to table in the coming months rests on three fundamental principles: a European solution to a European challenge, a fair system that will stand the test of time, and the preservation of the European Union’s core values as enshrined in the EU Treaty....

313. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

314. Turkey warns US over Cyprus arms embargo

Ankara has warned Washington that an impending lift of a US arms embargo on the Republic of Cyprus is a “dangerous escalation” that would hamper efforts to reach a peace settlement on the divided island...

315. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

316. Greece will never accept the consequences of the Turkish invasion in Cyprus

Greece stresses that it will never accept nor recognize the consequences of the Turkish invasion and occupation in the island, while assuring that it will continue to stand by the side of the Republic of Cyprus. The position is outlined in a statement issued by the Greek Foreign Ministry on the occasion of the 36th anniversary of the declaration of the pseudo-state in the occupied areas of Cyprus,...

317. Trump has ‘wonderful’ meeting with Erdogan

US President Donald Trump on Wednesday pushed Turkish President Tayyip Erdogan to walk away from the purchase of a Russian missile defense system, calling it a “very serious challenge” to bilateral ties, even though he described a meeting between the two leaders as “wonderful"...

318. Greece responds to Turkey over Cyprus issue

The Cyprus question calls for an urgent and mutually acceptable settlement on the basis of international law, says Greece’s Permanent Representative to the United Nations in response to a Turkish letter last month...

319. Turkish ships disturb Cypriot waters

Nicosia and Athens are calling on Turkey to back off following Ankara’s decision to send more ships off the southern coast of Cyprus...

320. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

321. Coca-Cola Hellenic buys out Acque Minerali

Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments. ...

322. Greece and the US: Commitments and credibility

The signals coming from the two centers of power in the United States, the president and Congress, are often conflicting, which makes it hard for Athens to carve out an effectual foreign policy. This conundrum is set to continue throughout the Trump administration...

323. Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

324. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

325. US removes Turkey from F-35 program after Russian missile purchase

The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week. ...

326. No time for mixed signals

We are entering a very thorny patch in Greek-Turkish relations. Turkey’s activities within Cyprus’ exclusive economic zone (EEZ), combined with the standoff with the United States over Ankara’s acquisition of the Russian S-400 missile defense system are increasing the tension further in Greece’s wider region. ...

327. Athens back among top 10 shipping hubs

The Greek capital’s shipping cluster is back among the top 10 global metropolitan centers, the annual report by the Baltic Exchange shows, though this was not thanks to shipping activity in Athens and Piraeus, but due to the development of the Port of Piraeus after its acquisition by China’s Cosco...

328. The EU28 adopted measures against Turkey's illegal drilling in Cyprus

The EU Foreign Ministers endorsed, without any changes the conclusions prepared by the permanent representatives, concerning Turkey’s illegal drilling in the Exclusive Economic Zone (EEZ) of Cyprus, cutting the EU pre-accession assitance for 2020, suspending EU- Turkey high political dialogues and stopping European Investment Bank’ lending activities in the country....

329. Deutsche Bank axes 18,000 jobs

330. Turkish sub shows up in the north

The Turkish submarine “Gur” is anchored at Kyrenia port in the north, with media drawing on reports in connection with drilling activities in the eastern Mediterranean...