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2251. AG disagrees with former banker’s acquittal

Attorney General Costas Clerides disapproves of the acquittal of former banker Andreas Eliades, saying cases involving the collapse of the credit and financial system are “difficult and complicated...

2252. Team launches world’s first ocean cleanup system

A first trial of a massive cleanup of plastic in the ocean, an effort that has been in the works for five years, was launched in San Francisco on Saturday...

2253. World’s largest offshore wind farm opens off northwest England

2254. Cyprus makes the case for regional headquartering

Cyprus has emerged as a serious contender in the world of international investment, putting a conference in Limassol next week in a unique position to promote the island as a regional headquartering centre...

2255. Cyprus argues British Military Bases in Cyprus violate UN Charter

2256. Coca cola takes over Costa Coffee

The owners of café chain Costa have agreed to sell the business to Coca Cola for €5.4 billion, marking a new era for the global soft drink group...

2257. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

2258. Education crisis at end of tether

Difficult days lie ahead in public education, with state teachers unions saying a last-minute proposal by ruling party Disy, at least at face value, is no different than the latest government measures already rejected...

2259. Teacher demo forces eleventh hour debate

The government is contemplating a suggestion that would allow proposed education measures to take hold but only through the end of the calendar year, in exchange of labour peace and talks with the teachers unions...

2260. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

2261. Teachers march nine thousand-strong

Thousands of demonstrators descended on Presidential Palace Avenue on Tuesday, protesting a Cabinet decision to trim down the number of class-exempt teaching hours in state schools...

2262. Teachers regroup ahead of big demonstration

States teachers unions rejected over the weekend a government attempt to seek middle ground in budgeting exempted hours, saying they had nothing to do with the proposal and warning they would resist any change without mutual agreement...

2263. Nicosia seeks legal input in Browder case

Nicosia has to make a final decision on whether authorities can legally cooperate with Russia in the Browder case, following a court ruling in early August opened the door for judicial assistance...

2264. President makes final offer to teachers

President Nicos Anastasiades has weighed in on the ongoing debacle between state educators and the government, drawing up a final offer to teachers and expecting an answer before the weekend is out...

2265. Ryanair adds Athens in 2018 winter route

Low-cost carrier Ryanair announced on Thursday a new route from Athens to London’s Luton airport, which will be part of the company’s winter 2018 schedule with three flights per week....

2266. Education debacle full of suspense

The president is weighing in on the ongoing debate between the government and state educators in a last ditch effort to avoid a bumpy start of the school year, but it is not clear whether the highly contested issue of budgeting hours will be taken off the table...

2267. Bulgaria scrambling over Olympic bankruptcy

The bankruptcy of Cyprus-based Olympic Insurance Company has become the focus of attention and a regulator has resigned, after 200,000 Bulgarians were left without insurance...

2268. Legal department terminates Agusta helicopter probe

The Legal Services department is closing the case of the controversial purchase of Agusta helicopters, saying investigators did not find evidence of wrongdoing...

2269. Cyprus puts team together to save gas deal

The Cyprus government is willing to renegotiate terms with an energy consortium, following concerns on the part of companies that worry new developments and low gas prices would render a current deal not profitable...

2270. Nicosia ups pressure on EU migration policy

Nicosia is pushing for a single EU migration policy that would make refugee redistribution not only mandatory but also relative to population sizes of member states...

2271. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

2272. Regling says Greece will remain linked to ESM

Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....

2273. No labour peace as schools open next month

State teachers and the government failed to reach an agreement this week, with the education minister saying the unions were placing demands that cannot be addressed before September and accusing them of avoiding the budgeting issue...

2274. The heavy cost of cowardice

I’ve heard a government minister speak about a vital agency of the Greek state and admit that “there’s nothing that can save this department – it ought to be shut down and rebuilt from scratch.”...

2275. Price caps on gasoline in some islands expected

The authorities are expected to impose a two-month price cap on fuel prices in the southern Aegean islands where unleaded gasoline has soared to almost 2 euros per liter....

2276. ARIS celebrates six month anniversary

ARIS, which stands for A Really Inspiring Space, opened its doors to its first resident startups in February 2018. Last Monday, on the 6th of August, the achievements of those startups were celebrated during a summer networking event entitled “Creating Value Through Innovation, in an Ever Changing Global Environment”...

2277. Archbishop favours scrapping five religious school holidays

Archbishop Chrysostomos says religious holidays on school days no longer serve their purpose, suggesting that five of them should be eliminated while also taking a jab at union teachers...

2278. Yay or Nay on Daylight Saving Time

Only one week is left as European citizens are asked to vote whether they want to keep or scrap Daylight Saving Time...

2279. Reignited Dherynia fire under control

A Sunday night fire in the buffer zone, which was thought to have been contained Monday morning, reignited hours later with authorities on both sides going on full alert and UN officials saying the fire is once again under control...

2280. Gap in education talks seems unbridgeable

A truce agreed upon ten days ago by state teachers and the government, which aimed to help reengage in a dialogue on school reform, appears to be collapsing...