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1201. Cyprus plays supporting role in LNG arena

After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....

1202. The end of an era as Revlon files for bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

1203. 'EuroAsia Interconnector will help free EU from energy dependence'

Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....

1204. EU's biometric entry/exit system to launch in a few months

The European Union’s Entry-Exit System (EES), which aims to enhance internal security and modernise external border management, will start its operation just a few months from now....

1205. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

1206. 110,000 monkeypox vaccines set to be shipped to the EU

The European Union has reached an agreement for the purchase of 110,000 monkeypox vaccines, the Commissioner for Health and Food Safety, Stella Kyriakidou announced....

1207. Five year plan to install AC units at schools underway

A five-year, 100 million euro program to install air conditioning units at schools was announced yesterday by Education, Culture, and Sports Minister Prodromos Prodromou....

1208. Palestinian leader drops by Nicosia

The Palestinian leader embarked on an official visit to the Republic of Cyprus this week, just days after Washington restored a line of communication with him and while energy talk in the region continues...

1209. Our Shared Values Shine in Our Support for Ukraine

Even before Russia fired the first shots, the United States and European Union member states, including Cyprus, were united in their repudiation of the false pretenses used to initiate the conflict and clear-eyed about the growing danger Ukraine faced...

1210. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

1211. Turkey's lack of progress will delay accession talks with the EU

The European Parliament cannot envisage a resumption of negotiations for the accession of Turkey into the EU without clear and significant progress in the field of rule of law and fundamental rights, ...

1212. Why are we all working so hard?

The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....

1213. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

1214. KPMG and CIM offer two scholarships

Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...

1215. Cyprus to bring back bicycle patrols

Deputy Minister for Tourism, Savvas Perdios said on Friday the Ministry intends to re-launch the Tourist Police, a project involving bicycle patrols by police officers in tourist areas. The idea originally started back in 2019 but was put on hold due to the Covid-19 pandemic....

1216. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

1217. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

1218. Global IPO market experiences significant slowdown in Q1 2022

1219. Efforts continue for the release of the Cypriot captain on one of the seized ships

Cyprus' Ministry of Foreign Affairs is continuing its diplomatic efforts for the release of a Cypriot captain, a member of the crew of one of two Greek oil tankers recently seized by Iran's Revolutionary Guards in the Gulf. ...

1220. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

1221. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

1222. Greece planning major wall extension on border with Turkey

Greek authorities say they are planning a major extension of a wall along the country’s border with Turkey and are seeking European Union financial support for the additional construction....

1223. Sweden is killing wolves

The Swedish government will significantly reduce the wolf population, killing half of the four hundred animals living in the country within the year, although this violates EU directives....

1224. Greece rejects Turkish claims in the Aegean

The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....

1225. Op-ed: America has more guns than any other country

America has been shaken — once again — by mass shootings. On May 14, a gunman killed 10 people in a supermarket in Buffalo. On Tuesday, at least 19 children and two adults were killed in Uvalde, Texas. ...

1226. Lebanese banks in Cyprus to shut down amid the country's financial crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

1227. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

1228. A new billionaire nearly every day during the pandemic

Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. ...

1229. EU Energy Commissioner: 'Cyprus has enormous potential in terms of solar and wind energy production.'

In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....

1230. Ukraine: US may send advanced anti-ship missiles to fight Russian blockade

The White House is working to put advanced anti-ship missiles in the hands of Ukrainian fighters to help defeat Russia's naval blockade, officials said, amid concerns more powerful weapons that could sink Russian warships would intensify the conflict....