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241. €17 million worth of grants for big businesses

The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....

242. Action Global Communications named Mediterranean Consultancy of the Year

Action Global Communications is thrilled to announce its recognition as the Mediterranean Consultancy of the Year at the esteemed 2024 EMEA SABRE Awards, presented by Provoke Media....

243. UN envoy sparks EU-Turkey clash with crucial 20-day mission

The upcoming 20-day stretch, commencing this Thursday, holds immense significance in the ongoing efforts to break the deadlock in Cyprus....

244. Tensions mount over 'Great Sea Interconnector'

The Greek Energy Minister, Theodoros Skylakakis, expressed frustration at the Delphi Economic Forum regarding the tactics employed by the Cypriot government concerning the final investment decision on the Great Sea Interconnector power cable. ...

245. Cyprus President firm on UN resolution for settlement

The President of the Republic of Cyprus Nikos Christodoulides rejected the Turkish demand for a ''two-states'' solution to the long-standing Cyprus issue as ''irrational''......

246. US sanctions Cyprus-based entities linked to arms network

On Monday, the United States announced sanctions against ten individuals and twelve entities, with two of them operating within a global arms network and registered in Cyprus....

247. FBI probes crew's awareness in Baltimore bridge collapse inquiry

The FBI has launched a criminal inquiry into the devastating collapse of a Baltimore bridge, which claimed the lives of six construction workers....

248. Politico: Greek companies under scrutiny in EU fund fraud probe

Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece. ...

249. Cyprus showcases business potential at Japan forum

Cyprus Energy, Commerce, and Industry Minister George Papanastasiou showcased Cyprus as a prime international business hub during the Cyprus-Japan Business Forum in Tokyo....

250. KEDIPES introduces plan to help borrowers repay home loans

The Cyprus Asset Management Company (KEDIPES) has unveiled a new initiative aimed at assisting borrowers in repaying their home loans....

251. Tatar asserts Turkish Cypriot rights in Cyprus talks

Returning from his diplomatic visit to the US, Turkish Republic of Northern Cyprus (TRNC) President Ersin Tatar addressed the media at Ercan Airport......

252. EU probes Chinese subsidy claims in Romania solar tender

253. 'Mafia State' author stands firm: ''I can back up every word with evidence''

Makarios Drousiotis, author of the book ''Mafia State,'' testified before the Anti-Corruption Authority under Gabrielle Louise McIntyre, with his session lasting a full four hours....

254. Lawyers challenge money laundering watchdog in Cyprus

Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...

255. Tougher regulations loom for tobacco heat sticks in Europe

European governments are weighing the introduction of tougher rules on cigarette makers’ new zero-tobacco heat sticks, moving to close the loopholes they were designed to exploit just months after their launch. ...

256. Mykonos faces tourism crisis amid declining numbers

Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row. ...

257. Hotel Brain sets sights on Cypriot hospitality domination

The Greek hospitality powerhouse, Hotel Brain, sets its sights on Cyprus, unveiling plans to tap into the island's vibrant market....

258. Russian oil payments delayed amid sanctions scrutiny

Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....

259. Business loans drop, home loans steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

260. Audit uncovers mismanagement in Cyprus' public health system

In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...

261. UN resolution backfires as Hamas rejects cease-fire

Israeli Prime Minister Benjamin Netanyahu firmly stated that Israel will not acquiesce to Hamas' demands for a cease-fire after the militant group rebuffed the most recent proposal for a truce. ...

262. Boeing CEO to step down in wake of safety scandals

Boeing, the renowned U.S. aircraft manufacturer, announced significant changes in its leadership, with CEO Dave Calhoun set to depart by year-end....

263. Chinese Ambassador stresses cooperation for Vasiliko LNG success

The main body of the Vassiliko LNG project could be completed at the end of 2024 or early in 2025, as long as various parties can truly work together with......

264. Ankara calls for recognition of Turkish Cypriot rights

ISTANBUL – TURKEY'S FIRM STANCE ON CYPRUS: Turkish Vice President, Cevdet Yilmaz, made a bold statement regarding Turkey's position on Cyprus......

265. Ankara's firm stand on Cyprus problem stalls progress, UN envoy reports

Significant challenges arise in the attempt to reignite efforts to resolve the Cyprus issue within the established......

266. USA: House votes on bill to ban TikTok over national security worries

The House of Representatives passed a bill on Wednesday aiming to initiate a nationwide ban on the widely popular video app TikTok, unless its China-based owner sells the platform. ...

267. Athens dinner marks 60 years of Cyprus ship registry

The Deputy Ministry of Shipping held a dinner in Athens on Tuesday, in the presence of Deputy Minister of Shipping of the Republic of Cyprus Marina Hadjimanolis, to mark the 60th anniversary since the establishment of the Cyprus Ship Registry....

268. Robbery cover or money laundering saga?

A robbery in Limassol last week has taken a dramatic turn as law enforcement authorities suspect involvement in a black money laundering ring. ...

269. KEDIPES preps for major loan sell-off, boosting Cyprus banks

In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....

270. President Christodoulides stands firm on peace plan

President Nikos Christodoulides vowed that he will not put before the citizens a peace plan for the Cyprus issue with which he does not agree and expressed once again his readiness to enter into reunification talks based on the agreed framework. ...