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1051. FT: The Bank of Cyprus/Lone Star deal is not just about price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

1052. Western retaliation against Ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

1053. Israeli minister in Nicosia as gas bargain heats up

Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...

1054. US lifts embargo on Cyprus but with Russian caveat

Washington says it will go all the way in lifting an arms embargo on the Republic of Cyprus starting next month, but defense trade restrictions could be reapplied at any time if Nicosia fails to implement certain steps against Russia...

1055. EC to force energy companies to share their profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

1056. EU to set new rules on minimum wage

The need for the immediate adoption of an adequate minimum wage that will allow employees to live with dignity was discussed by the Plenary of the European Parliament on Tuesday, which is expected to vote on a relevant directive on Wednesday....

1057. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

1058. Alexandroupoli and the three-way barter

Turkish President Recep Tayyip Erdogan seems to be obsessed with the northern Greek port of Alexandroupoli. He’s furious about the American presence at this strategic port and realizes that it serves US interests vis-a-vis Russia at this critical juncture. ...

1059. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

1060. Cyprus continues special education debate

1061. Cyprus hopeful about EU migration pact

The interior ministry in the Republic of Cyprus says an EU council draft that makes adoption of asylum and migration rules a priority includes a Green Line reference, seen by Nicosia as an important step in its attempt to block flows from the northern part seen by the south as 'instruments of Turkey'...

1062. Eastmed clickbait clarified after ENI chief talks gas

ENI chief says the Italian company will fully replace Russian gas by 2025 by using additional resources from the eastern Mediterranean, a reference to Cyprus that was taken out of context by local media...

1063. Euro-dollar exchange falls to a 20-year low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....

1064. Liz Truss becomes Britain new PM after Johnson fallout

Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....

1065. Metsola: 'Europe's bloc is made stronger by the discovery of so much natural gas in your country'

In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....

1066. Rumors about Israel-Lebanon gas pact as Cyprus sits out

America’s energy czar is purported to be mediating a secret gas arrangement between Israel and Lebanon, a Herculean task given delineation complexities but not farfetched given ongoing efforts to resolve similar disputes between Tel Aviv and Nicosia...

1067. Afternoon clinics already behind on launch day

Afternoon working hours for clinics in state hospitals went into effect Monday, as part of health reform in the Republic of Cyprus, but officials warned outpatient and surgery departments still had a backlog to go through due to the pandemic...

1068. Discussions on tougher travel rules for Russians to begin immediately

Discussions among the relevant EU institutions to examine how the EU-Russia Visa Facilitation Agreement, which was fully suspended on Wednesday during the informal meeting of EU Foreign Ministers (Gymnich) in Prague, will begin as soon as possible, according to a Foreign Ministry press release issued on Thursday....

1069. Pakistan's floods fueled by its melting glaciers

A series of extreme floods have utterly devastated the South Asian nation, which is home to some 225 million people, washing away roads and buildings, destroying farms, and stranding hundreds of thousands. ...

1070. Norway plans to deport refugee lawbreakers

The Norwegian government has announced that the country plans to deport foreigners who have broken the law and who hold refugee status but no longer need protections in the country....

1071. Photovoltaic systems are increasing in popularity in Cyprus

With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems, or solar panels, comes as an attractive solution for more and more consumers....

1072. UNFICYP urges caution after buffer zone reports

A couple of incidents that took place in the buffer zone are making headlines in Cyprus, including allegations that Turkish soldiers violated the green line, with UN peacekeepers saying they were investigating but also urging caution before drawing conclusions...

1073. EU mulls cap on electricity prices as costs soar

The Czech presidency of the European Union has called for an emergency meeting of the bloc’s energy ministers to consider measures of dealing with the energy crisis, including imposing a ceiling on the price of electricity....

1074. Veterinary Medicine program now being offered at the University of Nicosia

Do you want to study in one of the most rapidly evolving sectors of the global market, offering you the opportunity to either be self-employed, work in a large organization, or dedicate yourself to the field of research while contributing to the development of scientific innovation and progress?...

1075. What is causing the unexpected drop in global food prices?

Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....

1076. Presidential contender flies to Congo to pave way

Cypriot presidential candidate Averof Neophytou has dipped his toes into the refugee relocation debate in Congo, where he met with officials during a lightning daytrip this week, saying it was an effort on his part to carry forward a repatriation agreement between the island and the former Zaire...

1077. Turkey doubles Russian oil imports, filling EU void

Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade in the face of western sanctions against Moscow....

1078. Cyprus goes light on Israel's Iron Dome

Foreign media are tracking a story on the Cypriot government’s aspirations to obtain Iron Dome, Israel’s field-tested defense system, but news and sources piling up over the weekend suggest the island’s neighbor warming up to Turkey and the war in Ukraine could tell a more complicated story...

1079. Sleepy Greek port becomes US arms hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....

1080. Scientists warn of dire effects as Mediterranean heats up

While vacationers might enjoy the Mediterranean Sea’s summer warmth, climate scientists are warning of dire consequences for its marine life as it burns up in a series of severe heat waves....