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571. Festival of Dreams: a unique celebration dedicated to 75 years of excellence of Porsche iconic sportscars

572. Cyprus changes tack with plan for gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...

573. President Christodoulides unveils government's 100-Day report card

During a press conference held today, President Christodoulides provided insights into the state of the government after his first 100 days in office and responded to various questions from journalists....

574. Controversy surrounds expansion of occupied airport

Without receiving significant coverage from the Greek Cypriot media, Turkish Vice President Cevdet Yilmaz made a substantial visit to the so-called TRNC following Erdogan's illegal visit....

575. New policies create passenger backlash at Limassol Port

On Sunday, a wave of reactions was triggered at Limassol port as citizens became aware of a new policy set to be implemented this year by the Deputy Ministry of Shipping. ...

576. Temporary VAT reduction on essentials estimated at €14.5 million

In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....

577. Floating metropolis to tackle climate change

Japanese designers are preparing for rising sea levels in the future — by sitting on top of them in a vast floating city!...

578. Cyprus struggles with renewable energy and storage gap

Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....

579. Government ends tax break, fuel and electricity prices to rise

The Director General of the Ministry of Finance, Michalis Pantelis, has expressed the government's intention to end the measure of reducing excise tax on fuel and electricity....

580. Anticipating the arrival of natural gas in Cyprus

After attending a workshop on energy issues in Nicosia and engaging in meetings with stakeholders in the UK, George Papanastasiou, the Minister of Energy, Trade, and Industry, is now embarking on a two-day working visit to Israel. ...

581. Erdogan calls on Greek Cypriots to face reality

Turkish President Recep Tayyip Erdogan has called on Greek Cypriots to face reality, vowing during a Monday visit to north Cyprus that Turkish Cypriots will never be a minority on the island and calling for equal status before any talks take place...

582. Erdogan's controversial visit to the occupied areas

Breaking from tradition, Turkish President Recep Tayyip Erdogan embarked on an unauthorized visit to the "TRNC" before his scheduled trip to Azerbaijan on June 13....

583. Planetarium Cyprus: Where science and wonder converge

Some people ask, ''Does a planetarium merely provide answers, or does it also evoke questions?'' Achilleas Kentonis, the executive director of the Interstellar Institute, responds, ''First and foremost, it stimulates questions, and then answers naturally follow.''...

584. Regulatory change delays electric air taxi market entry

The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers. ...

585. Deaths confirmed after Kherson dam collapse

Rescue teams have been working round the clock in Kherson and the surrounding districts searching for survivors stranded by the flooding....

586. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

587. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

588. Trespasser injured after home owner fires shot

A man in Limassol is in critical condition after an elderly home owner, who was arrested on murder charges, said he fired a shot at someone who was attempting to steal electrical cables near his property...

589. Wasted potential: Cyprus grapples with renewable energy storage challenges

The Parliamentary Trade Committee of the House of Representatives examined the issue of the absence of renewable electricity storage systems, which leads to the rejection of significant power generation. ...

590. IMF says Cyprus untouched by war fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

591. Overcoming obstacles in Cyprus' green transition

Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....

592. Cyprus emerges as top beneficiary of EIB support in Europe

The European Investment Bank (EIB) President, Werner Hoyer, announced that Cyprus remains the largest beneficiary of EIB support per capita in Europe....

593. California: Electricity bills based on your paycheck

Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....

594. Cyprus' GDP soars: 3.4% growth in Q1 2023

Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....

595. Child deaths in Khartoum orphanage amid Sudan conflict

At least 60 infants, toddlers, and older children perished over the past six weeks while trapped in harrowing conditions in an orphanage in Sudan’s capital as fighting raged outside....

596. Christodoulides attends 2nd European Political Community Summit

Maintaining a stable and secure environment in the Eastern Mediterranean remains of the utmost strategic importance, President Nikos Christodoulides said Thursday, addressing the 2nd European Political Community Summit taking place in Chisinau, Moldova....

597. Cabinet approves tax deductions for businesses and extends tax payment deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

598. Aphrodite emerges from sea but behind closed doors

NewMed Energy, one of the partners in 'Aphrodite' hydrocarbons field, listed on the Tel Aviv Stock Exchange, will officially announce the delivery of the modified development and production plan of the block on Wednesday, Cyprus Energy Minister George Papanastasiou told the Cyprus News Agency...

599. Natural gas a priority for affordable electricity generation

The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....

600. Corruption? On the island of saints?

The millions - some say billions - that we lost as a state due to the corruption of various officials are not enough. Now we will have to pay additional funds to bring in "esteemed legal experts" from abroad - specifically from Great Britain - to assist in the investigations. Clearly, we are rapidly heading back to an era where corruption was limited, somewhere around 1950....