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751. EU gives go-ahead for Cyprus-Greece ferry connection subsidy

Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....

752. Greece reopens regional airports, says Covid-19 risk calculated

Greece reopened its regional airports to international flights on Wednesday, pinning its hopes on a recovery in tourism after a three-month lockdown....

753. EU agrees on ‘safe’ travel list, excluding United States

The European Union has excluded the United States from its initial 'safe list' of countries from which the bloc will allow non-essential travel from Wednesday....

754. All set for implementation of new support measures, FinMin says

Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....

755. Remdesivir set to become Europe's first COVID-19 therapy

Doctors in Europe will soon be able to treat COVID-19 patients with Gilead’s antiviral drug, remdesivir, after the healthcare regulator’s endorsement put it on track to become the first therapy for the disease on the continent....

756. No progress among EU leaders on virus recovery deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

757. Lawmakers to vote on budget for new support measures

The Finance Ministry will be seeking lawmakers’ green light for the supplementary budget of €220 million involving a string of measures to keep the economy afloat after the slowdown brought about by the coronavirus pandemic. ...

758. Cypriot cabinet approves EastMed pipeline

Cyprus’ cabinet on Thursday ratified a bill on the EastMed gas pipeline project, the country’s Energy Minister Giorgos Lakkotrypis said in a statement. ...

759. Cabinet approves bill imposing steep rise in penalties for decree violations

The Cabinet on Friday approved a bill seeking to see penalties for violations of coronavirus measures skyrocket, as part of government efforts to increase deterrents to disregarding decrees and regulations under the Quarantine Law as the island gradually returns to normality....

760. Cabinet scraps bill for government loan guarantees

The Cabinet on Tuesday withdrew a bill that would allow the government to provide guarantees for loans to be given to businesses affected by the coronavirus pandemic....

761. Cyprus 'golden visa' scheme returns to spotlight

Cyprus’ controversial citizenship-by-investment scheme was thrust into the spotlight once again after the investigative journalism platform Organized Crime and Corruption Reporting Project (OCCRP) published an in-depth report on the granting of a ‘golden passport’ to a senior member of the Saudi royal family and six of his family members....

762. The crisis is here and should not be underestimated, FinMin warns parties

As political parties continue to quarrel over a bill seeking to release government funds as guarantees for loans to businesses hit affected by the coronavirus outbreak, Cyprus Minister of Finance Constantinos Petrides warned that “the crisis is here and should not be underestimated.”...

763. Joint working group established for resumption of Cyprus-Israel flight connection

Cyprus and Israel established a working group this week to prepare all necessary conditions for the resumption of the aviation connection between the two countries, Ambassador of Israel in Nicosia, Shmuel Revel told the Cyprus News Agency on Friday....

764. Attorney general weighs in on casino probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

765. Plan for first phase of exit strategy to be tabled before the Cabinet next week

A comprehensive proposal on the first phase of the island’s coronavirus lockdown exit strategy is expected to be tabled before the Cyprus President next Tuesday....

766. World remains cautious over chloroquine

The US Food and Drug Administration is a step closer to a potential approval of chloroquine for treatment against Covid-19, while more doubts over the drug’s effectiveness and concerns over lethal side effects continue to pop up around the globe...

767. Over 23,000 applications filed for suspension of loan payments

More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....

768. Tax alert: Cyprus

769. Loan payments to be suspended for nine months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

770. Three new endangered monk seals born in Cyprus

Three new births of the Mediterranean monk seal species (Monachus monachus), one of the most endangered mammals in the world and the only seal species in the Mediterranean, were recorded last year, the Agricultural Ministry announced on Friday....

771. European Parliament says goodbye to UK

The European Parliament has given its final approval to Britain’s divorce deal from the bloc, paving the way for Brexit to take place on Friday...

772. Iran escalation continues after midnight tweet

US President Donald Trump on Saturday threatened to hit 52 Iranian sites “very hard” if Iran attacks Americans or US assets after a drone strike that killed Iranian military commander Qassem Soleimani, as tens of thousands of people marched in Iraq to mourn their deaths...

773. Cypriot FM works the phones over Libya

Cyprus Foreign Minister Nikos Christodoulides has been working the phones Thursday and Friday, discussing with counterparts of other nations the situation in Libya and a need to avoid illegal actions...

774. Athens says Ankara 'playing with fire'

Athens says Turkish President Recep Tayyip Erdogan is “playing with fire” as he seeks parliament approval to send military troops into Libya, following a formal request from Tripoli...

775. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

776. Erdogan points to drilling spots off Crete

In an interview on Turkish television, President Recep Tayyip Erdogan has indicated where Turkey plans to conduct research for hydrocarbons but also drilling, using a map to indicate the location east of Crete...

777. Turkish drones in the north ready for takeoff

Turkish drones were due to arrive in the northern part of Cyprus where they are expected to begin flying missions on Monday over drilling ships in search of natural resources in the eastern Mediterranean...

778. House passes 2020 budget

The House of Representatives voted the state budget for 2020 on Wednesday evening with 29 votes in favour and 23 against...

779. Friday the 13th to sort it all out

Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock...

780. Sassoli says EP calmly waiting on UK

The European Parliament will vote on Brexit only after the agreement’s ratification by the UK Parliament, the Conference of the President of the political groups decided on Monday...