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481. Energy Minister expects developments on Cyprus' confirmed gas deposits

Cyprus’ Minister of Energy, Trade and Industry Natasa Pilides has told CNA she expects developments soon regarding the exploitation of Cypriot natural gas fields, given the large increase in natural gas prices internationally....

482. Ukraine rejects Russian neutrality idea as Zelensky prepares to address Congress

Ukraine on Wednesday dismissed Russian proposals to turn it into a neutral state, as the United States readied a huge package of military aid ahead of a historic address to Congress by Kyiv's defiant leader....

483. Finance Ministry increases 2022 inflation estimate to 4%

The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....

484. 'Show this to Putin', a doctor in Mariupol says after the death of 18 month old Kirill

A man dashes into a hospital with a desperately wounded toddler in his arms, the child’s mother on his heels. Doctors use smartphone torches to examine patients’ wounds....

485. Fears of potential nuclear disaster at Europe's largest nuclear power plant

Russian forces seized the largest nuclear power plant in Europe after a building at the complex was set ablaze during intense fighting with Ukrainian defenders, Ukrainian authorities said on Friday....

486. Exports of halloumi, medicine and other local products to the UAE

The enhancement of trade relations between Cyprus and the UAE, was discussed on Wednesday in Dubai, during a meeting between Cyprus Energy, Commerce, and Industry Minister, Natasa Pilides, and UAE Minister of State for Foreign Trade Thani Ahmad Al Zeyoudi....

487. Cost of consumer goods and services climbs to the highest level in the last thirteen years

Cyprus’ Harmonized Index of Consumer Prices in January 2022 increased by an annual 5%, climbing to the highest level of the last 13 years, mainly pushed by prices increases in energy and transport....

488. Turkish opposition leader refuses to pay power bill in protest

Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....

489. PEO concerned about increase in fuel and basic consumer products

The Pancyprian Federation of Labor (PEO) has expressed its concern about the continuous upward trend in fuel prices, which, as it notes, "will add to the cost of basic consumer products"....

490. Inflation in Cyprus spikes to an annual 5.4% in January

January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....

491. EuroAsia secures EU funds for Cyprus but Israel left out

Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...

492. Op-ed: The EastMed project and dilemmas over energy strategy

The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...

493. 'US position on EastMed project has no political aspect', -Erika Olsen [VIDEO]

US Deputy Assistant Secretary of State for European and Eurasian Affairs, Erika Olson, has told the Cyprus News Agency (CNA) that there is no political aspect in the US position on the EastMed pipeline project, adding that her country favors projects that will enable the clean energy transition and connect energy markets in the Eastern Mediterranean....

494. The Cypriot electricity market is opening

Cypriot President Nicos Anastasiades is satisfied with the timetable as regards the opening of the competitive electricity market, set to launch in the fall of 2022, according to a written statement by deputy government spokesperson Niovi Parisinou....

495. Severe weather brings snow to Athens, Greek islands

A severe weather front has hit Greece, with below-freezing temperatures and snowfall in many parts of the country, including the capital Athens and many Aegean islands....

496. Modernization of EAC and more independent energy providers, says Anastasiades

Cyprus President Nicos Anastasiades said on Thursday that the government will provide all necessary tools to allow the Electricity Authority of Cyprus (EAC) to modernize its operation, as well as to encourage even more independent energy providers to operate in the Cypriot market....

497. Op-ed: Beyond the EastMed pipeline

The US decision to shift its focus from the EastMed gas pipeline to regional electricity interconnectors is an opportunity for Greece. The pipeline has always been a long shot, and the case for pursuing it may have run its course. Greece now has a chance to reframe the dialogue around energy and climate change in the region, and it should seize it....

498. ETYFA PROMETHEAS: Full Steam Ahead

Works on the ETYFA Flagship project which will supply clean natural gas to Vassilikos Power Station continue unabated in spite of the terrible global situation as a result of the Covid 19 Pandemic....

499. Washington bows out of East Med gas pipeline

Washington implicitly clarified in a statement on Monday that it did not support an ambitious East Med gas pipeline project, following a Twitter storm sparked by Greek media reports on a non-paper expressing American reservations about the plan...

500. State Department affirms commitment to 3+1 mechanism of EastMed natural gas project

Following reports of US reservations over the financial and environmental sustainability of the EastMed natural gas pipeline project, a State Department spokesman has affirmed Washington’s commitment to the 3+1 regional alliance scheme (Cyprus, Greece, Israel plus the US), while emphasizing that Europe’s energy independence is a key national security issue....

501. What's left for the Turkish Cypriot economy after 2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

502. Electricity is supplied from the free areas to the occupied areas

503. Financial turmoil hits Turkish Cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

504. Blackouts in the occupied area last night

General blackouts in all the occupied areas were reported by the Turkish media on Tuesday night....

505. Prices of consumer goods and services up 4.7% in November

The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....

506. Number of job vacancies in Cyprus declined by 3%

Α decrease of 3% in the number of job vacancies in the 3rd quarter of 2021 was recorded according to CyStat figures released Tuesday....

507. Winter landscape in Cyprus after skies open up

There was snow high up in the mountains on Tuesday night, when the skies opened up in many parts of the island with severe weather also causing power outages in the west...

508. Clarifications Min. Health for the new measures - The exceptions for telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

509. Cyprus gives huge incentives to go electric

Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....

510. Troubling details emerge in stabbing death in Nicosia

Troubling details in the death of an asylum seeker, who was stabbed by a fellow compatriot outside their residential building, point to arguments over food, ambulance delays, and unspeakable living conditions among asylum seekers...