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1321. Spokesman says Turkey invaded Cypriot waters

Cypriot government spokesman Prodromos Prodromou has condemned Turkish activities inside Cyprus’ exclusive economic zone (EEZ) describing it as an invasion of the Mediterranean island’s maritime domain...

1322. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

1323. Greece says EU to decide response to Turkey's Cyprus drilling

Greece's foreign minister says top diplomats from European Union member states will decide next week on how to respond to Turkey's bid to drill for gas in waters where Cyprus has licensed European energy companies to conduct a hydrocarbons search....

1324. 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...

1325. UK deplores any drilling in the waters close to Cyprus, supports Cyprus' right to extract oils

Britain deplores any drilling in the waters close to Cyprus and supports Cyprus’ right to extract oils in its Exclusive Economic Zone, British Minister for Europe Christopher Pincher, said on Friday, adding at the same time that the oil wealth should be extracted for the benefit of all Cypriots on the island of Cyprus....

1326. Yavuz on its way to a new well

Turkey is sending an oil and gas drilling ship to waters off southern Cyprus where Greek Cypriot authorities have already awarded exploration rights to Italian and French companies, according to Turkish statements on Thursday....

1327. Woman slams Cyprus after mom’s death

A petition online is calling on insurance companies to recognize the north as a legal entity, following a British woman’s death in Cyprus and her daughter’s ordeal trying to cut through red tape between the two divided communities...

1328. Thomas Cook flight out of Cyprus gets emotional

Things got emotional on a Larnaca-Bristol flight last week when passengers, who had been left stranded in Cyprus, passed the collection plate in a “bloody generous” whip-round for the flight attendants...

1329. Anastasiades: We accept political equality

In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements: ...

1330. US Embargo on Turkish drilling in East Med

Turkish opposition newspaper Cumhuriyet reported yesterday on the reasons for the departure of the drillship Yavuz from Karpasia and the expected departure of Fatih currently off the coast of Paphos. It confirms the difficulties faced by the two Turkish drilling rigs that are related to the reluctance of major firms to cooperate with Turkey in the supply of materials for research and extraction of hydrocarbons. ...

1331. USA blacklists oil company in Cyprus

An oil company registered in Cyprus has been blacklisted by US officials who blocked a total of four vessels for transporting Venezuelan oil to Cuba...

1332. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

1333. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

1334. Thomas Cook goes bust

The world’s oldest travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded around the world including Cyprus ...

1335. Four New Partners at Harris Kyriakides LLC

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

1336. Eni, Total join for another gas search license off Cyprus

Cyprus’ energy minister says a consortium composed of energy companies Total of France and Eni of Italy has been licensed to explore for natural gas deposits in another area off Cyprus’ southern coast...

1337. Cavusoglu speaks to Kathimerini

Our meeting with the Turkish Foreign Minister Mevlut Cavusoglu took place in Famagusta on September 9, 2019, the day the Turkish official entered the fenced-off town of Varosha ...

1338. More US energy companies to operate in Cyprus, US Ambassador says

US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...

1339. 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...

1340. Escrow account the key to Cyprus EEZ

Kathimerini reports that President Anastasiades, in an effort to de-escalate tensions in the Cypriot exclusive economic, proposed the creation of an escrow account that would safeguard the Turkish Cypriot community's share from the natural gas proceeds...

1341. Macron sends stern warning to Ankara

In a show of solidarity with Cyprus, French President Emmanuel Macron sent a stern message to Turkey on Thursday that Paris and the European Union will not tolerate violations in the Eastern Mediterranean...

1342. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

1343. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

1344. Digital Challenges for Internal Auditors & DPOs

1345. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...

1346. Nicosia grants approval to ENI, Total to drill in Block 7

Nicosia has granted approval to the energy companies ENI and Total to explore block seven of Cyprus’ exclusive economic zone (EEZ) and approved nine other drilling operations within the EEZ over the next two years...

1347. 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. ...

1348. Britain begins escorting all UK vessels through Hormuz Strait

Britain has started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so. ...

1349. Bloomberg: Turkey has abandoned the West

In an opinion piece Bloomberg's editorial board writes that Turkey is an increasingly erratic ally that is no longer worth the risks. ...

1350. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...