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121. ECB cuts rates again as Eurozone inflation and economy struggle

The European Central Bank (ECB) has cut interest rates for the third time, marking the first consecutive reduction in 13 years....

122. Business losses mount as Paphos-Polis road stalls

Paphos citizens are expressing growing frustration over the stalled construction of the Paphos-Polis Chrysochous highway......

123. Effort to create new cooperative bank in Cyprus begins with IPO search

The Cypriot company for the promotion of the cooperative movement is at the process of seeking an investment firm that would underwrite an initial public offering for the creation of a “small cooperative bank” in Cyprus that would replace the Cooperative Cyprus Bank which went into liquidation back in 2018, Panikos Hambas told CNA....

124. Disputes delay Pafos-Polis Chrysochous motorway project

In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...

125. Delays hit €85 traffic fine reduction law

Three months after the unanimous approval by Cyprus’ Parliament to reduce fines for traffic violations caught by stationary cameras, the law has yet to be implemented. ...

126. Israel and Cyprus in talks for natural gas supply

The energy ministries of Israel and Cyprus are currently engaged in discussions aimed at potential cooperation in the energy sector, according to a report by S&P Global. ...

127. France offers deals to win Cyprus defense contracts

According to Apostolos Tomaras in this Sunday's Kathimerini, France is working to maintain a strong foothold in Cyprus' National Guard as the Republic of Cyprus upgrades its military arsenal....

128. Crystal balls, barbed wire, and other Cypriot delights

Christodoulides insists that we’ll soon have “some developments on the Cyprus issue.” Watch out—when we least expect it, there might just be some progress, and the President will be hailed as a visionary, maybe even earning the title of a posthumous prophet. ...

129. Cyprus’ dirty waste secret haunts ex-Minister eyeing EU job

A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....

130. Government terminates e-Justice contract after failures

A termination letter was sent today (October 2) by the relevant State Ministry, following consultations with the Legal Service, to officially end the contract for the e-justice system due to issues that arose last January. According to reports, the ministry will initiate legal action against the contractor....

131. Public sector salaries to increase by 1.5%, costing €52.7 million

A proposed 1.5% pay raise for public sector employees in Cyprus will cost the state about €52.7 million over the next two years. This increase is set to start on October 1, 2024....

132. Amendment introduced to share geopolitical risks equally on GSI

Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...

133. Odysseas Michaelides removed: Court cites breach of public trust

The court’s extensive ruling regarding the dismissal of Odysseas Michaelides from the role of Auditor General introduces new legal precedents concerning the public conduct of institutional figures and those tasked with serving the public interest....

134. CERA approves €125M for Cyprus-Crete power link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

135. Paphos-Polis road contractor proposals await approval

Plans to improve the road linking Paphos Airport with the city and a potential alternative route are under consideration, according to Paphos Chamber of Commerce and Industry (PCCI) President George Mais....

136. Respect for justice in action, not just words

The Constitutional Court's decision to remove Odysseas Michaelides as Auditor General deserves careful consideration by all involved before making public statements. ...

137. Cyprus and Greece near deal on critical electricity interconnection project

The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....

138. 30,000 Boeing workers strike as labor contract rejected

Over 30,000 Boeing workers, about 20% of the company’s workforce, are preparing to strike on Friday after rejecting a proposed labor contract....

139. National Guard opens doors to women in Cyprus

Cyprus announced on Sunday that women will be able to voluntarily serve in the National Guard for six to 14 months, starting in 2025....

140. Doritos food color can turn mouse skin transparent

141. Nicosia’s high-stakes meeting on Cyprus-Greece power link

Nicosia is preparing for a crucial meeting next week to address the ongoing issues surrounding the electrical interconnection of Cyprus with the European electricity networks through Greece. ...

142. Electricity link faces delays as Cabinet postpones decision

At an extraordinary meeting tomorrow, the Cabinet will discuss the Cyprus-Crete electricity interconnection project and the agreement in principle reached between Athens and Nicosia last Monday. ...

143. Prosecutor orders urgent investigation into lake Karla fish deaths

Greece's top prosecutor, Georgia Adelini, has ordered an urgent investigation into the large number of dead fish found in Lake Karla, which flows into the Pagasitikos Gulf. ...

144. Energy minister and finance minister clash over Cyprus' energy future

The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....

145. Lease changes spark protests among refugees at Mackenzie Beach

The Ministry of Interior's Action Plan to regulate Larnaca’s Mackenzie beachfront is encountering obstacles, particularly around issues of illegal activities and subletting by original leaseholders. ...

146. Delays in school air conditioning installation spark criticism

The Ministry of Education’s plan to install air conditioning units in 50 schools by September has fallen short, with fewer than half expected to be completed on time....

147. Aphrodite field consortium updates plan amid Cypriot energy dispute

Partners of the consortium for the “Aphrodite” gas field in block 12 of the Cypriot Exclusive Economic Zone said they intend to submit in the coming days to the Cypriot government for approval an “updated development plan”, on the basis of the previous development and production plan, as approved by the government, following a notice for breach of contract sent by the Cypriot Minister of Energy....

148. Tender for Vassiliko LNG terminal project manager expected today

Natural Gas Infrastructure Company (ETYFA) Board of Directors meets at 10 am local time on Tuesday to discuss issue of the liquefied natural gas (LNG) terminal in Vassiliko. ...

149. Stella Kyriakides urges coordinated efforts for Mpox vaccine donations

EU Health and Food Safety Commissioner Stella Kyriakides has called on EU health ministers to coordinate and collaborate on donating vaccines and treatments for mpox (monkeypox)....

150. Medical services on high alert for potential Mpox cases

The relevant medical services in Cyprus are on high alert to address any potential cases of Mpox (monkeypox) that might be detected, despite the low risk of such an occurrence, according to the Director of Medical Services and Public Health Services, Elisavet Constantinou....