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541. Cabinet approves surplus 2020 budget

The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System ...

542. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

543. Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

544. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

545. Halloumi exports reached 29 thousand tons in 2018

Halloumi exports reached 29,000 tons in 2018, acting permanent secretary of Agriculture Ministry Andreas Louca has said. ...

546. Early signs of civility and consensus

Despite some natural degree of skirmishing and isolated criticism, rays of civility, consensus and cooperation are breaking out across the Greek political landscape. ...

547. Deadly mega-fires bring new challenge to Europe

The European Union describes wildfires as “a serious and increasing threat” across the continent....

548. Recovering lost ground

The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events. ...

549. Nicosia bypass closer to the start line

The long-awaited Nicosia bypass on the perimeter of the capital is a step closer to the start line, with reports saying a tender could be announced as early as next week...

550. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

551. Cyprus pushes for ferry link with Greece

The government is looking for ferry links to Greece as cheaper alternatives to costly flights, with the shipping deputy minister hoping there will be a weekly connection by next summer...

552. Two women at the top of EU decision making

Under the deal, Ursula von der Leyen, a close ally of German Chancellor Angela Merkel, will replace Jean-Claude Juncker as president of the European Commission, the EU’s executive arm...

553. US Senate votes to lift Cyprus arms embargo

The US Senate on Thursday voted to lift a decades-old arms embargo against Cyprus and to cut Turkey off the American F-35 fighter jet program if it proceeds with the acquisition of the Russian S-400 missile defense system...

554. Avax lands stake in Qatari stadium building consortium

555. Anastasiadescare

556. Cyprus 'one of the success stories of ESM'

557. EU vote across Europe

558. DBRS reaffirms Cyprus’s rating

559. Greek PM unveils tax, pension relief measures ahead of elections

Greece’s lefist Prime Minister Alexis Tsipras on Tuesday unveiled additional tax and pension “relief measures,” weeks before a European Parliament election....

560. Pedieos linear park to 'spill' into north

A bicommunal project for Cyprus’ longest river got media attention in the north this week, following a presentation by the European Commission on multi-million infrastructure projects...

561. IMF warns of 'increasing headwinds to sustained growth'

562. Parallel House on Kea earns two young architects Domes award

Located in a wild, inhospitable and isolated corner of the Cycladic island of Kea, the Parallel House took the prize for Best First Work by a Young Architect at this year’s Domes Greek Architecture Awards earlier this month. Katerina Kourkoula and Hannes Livers Gutberlet of the firm En Route designed a residence along the contours of the natural landscape, parallel to the island’s southeastern coast, looking out toward the nearby island of Kythnos....

563. Finance Minister: To avoid trouble, don't defy economic logic

564. 10th Economic Ideas Forum takes on Cyprus economic reforms

565. Finish what you started on reforms, IMF tells Greece

566. New plan to subsidise home solar systems

Home owners who install residential solar power systems will be eligible for state subsidies up to €1000, according to a government plan approved by the Cabinet on Thursday...

567. Cyprus establishes energy investment fund

568. Greek shipowners agree to pay 75 million annually to state

569. CYTA forecasts budget deficit for 2019

570. Germania airline files for bankruptcy, halts flights