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2671. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

2672. Greek MPs approve extension of Ionian Sea territorial waters

With 284 votes in favor and 16 “present,” lawmakers approved legislation on Wednesday to extend Greece’s territorial waters along its western coastline from six to 12 nautical miles....

2673. Cyprus looking to boost ties with militarily-developed Gulf states

The enhancement of Cyprus’ relations with militarily-developed Gulf states constitutes a priority, Defence Minister Charalambos Petrides said Wednesday, against the backdrop of diplomatic developments with the United Arab Emirates (UAE) and Saudi Arabia....

2674. COVID-19 is adding new impetus to finance transformation

2675. Military man detained over 5G bomb attack

A private soldier was arrested on Tuesday in connection with an explosion outside a CYTA branch in Limassol last month, with police investigators estimating at least five people were involved in the anti-5G attack...

2676. Health authorities narrow down vaccine age group priority

A slowdown in coronavirus vaccine deliveries led the health ministry to announce a restructuring of the initial vaccination plan on Tuesday to ensure that those aged over 90 get the jab given the dwindling supply....

2677. Paphos wipes out Ottoman street name

The city council in Paphos has voted to rename Talaat Pasha street, after examining a request representing interests within the Armenian community...

2678. Decree bans additional asylum seekers from living in Chloraka

It emerged on Friday that Interior Minister Nicos Nouris issued a decree last month banning additional asylum seekers from establishing permanent residency in the Paphos district village of Chloraka....

2679. Borrell reiterates criticism of Turkey over Varosha

EU foreign policy chief Josep Borrell has reiterated criticism of Turkey’s decision to reopen part of the beachfront of Varosha, a resort abandoned since Turkey invaded Cyprus in 1974....

2680. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

2681. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

2682. Cyprus, US sign Declaration of Intent on border security

Cyprus and the USA signed on Tuesday a Declaration of Intent on strengthening cooperation on border security issues, in view of enhancing their capacity to counter common threats and foster stability in the region. ...

2683. Cyprus, US officials mark 'watershed' moment in bilateral relations

Cypriot Foreign Minister Nicos Christodoulides and acting US Secretary of Homeland Security Chad Wolf attended the groundbreaking ceremony of the Cyprus Center for Land, Open-Seas and Port Security (CYCLOPS) took place in Larnaca on Monday, with the two officials lauding the strong partnership between Cyprus and the US as well as the crucial role that the training center will play in the region....

2684. Police criticised over 'botched' Twitter raid

Police continue to be criticized over a home raid on the weekend when officers confiscated a woman’s computer and phone after Justice Minister Emily Yiolitis complained about a parody account on Twitter, with the woman's lawyer accusing police of fishing for evidence at the wrong house...

2685. Redacted report on golden passports published

A redacted version of the Kalogerou report on golden passports is expected to be made public on Tuesday afternoon, amid criticism of the government from opposition parties calling for transparency in probing corruption allegations...

2686. DIKO raises conflict of interest for AG

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

2687. Cyprus’ passport probe dispute widens

Cypriot President Nicos Anastasiades and DIKO party leader Nicholas Papadopoulos took their disagreement over probing golden passports to a whole new level this week, while questions remained over the independent committee’s reassurances of transparency in the investigation...

2688. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

2689. AG says release of 'golden passports' files would harm investigations

The findings of the investigative committee looking into the Cyprus’ disgraced Citizenship by Investment scheme will be made public to the degree that will not affect public interest, Attorney General Giorgos Savvides said Friday....

2690. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

2691. Cyprus to launch 5G frequencies auction

In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....

2692. Police focus on Larnaca in passport probe

Police in Larnaca carried out searches on Tuesday in connection with an ongoing criminal probe into golden passports, with reports saying investigators were focusing on at least five persons of interest but were not calling them suspects...

2693. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

2694. Cyprus President 'absolutely satisfied' with EC Conclusions

President Nicos Anastasiades expressed absolute satisfaction with the Conclusions of the European Council regarding Turkey’s activities in the Eastern Mediterranean....

2695. EU leaders weigh sanctions over Turkey’s Med drilling

Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....

2696. Exhumation ordered as family seeks truth

A local judge in Limassol has ordered the exhumation of the remains of a conscript soldier, whose death in 2005 was ruled a suicide but contested by his family, with the order coinciding with the visit of a Greek forensic examiner who has shown interest in the case...

2697. Golden passport findings hard to come by

The president of the Cyprus Bar Association says he has received adequate information from the audit office in connection with golden passports, adding that other agencies and officials have refused to share their findings citing direct orders from the interior minister...

2698. Cyprus struggles to regulate lobbying

Debate on a legislation proposal that would regulate lobbying in the Republic of Cyprus will continue next year, when parliamentary elections will be in full swing, after the justice ministry introduced amendments to reconcile transparency rules with realities of politicking on the island...

2699. Cyprus calls on Turkey to engage in maritime zone delimitation talks

In an interview with the UAE television channel Alarabiya, defence minister Charalambos Petrides called on Turkey to accept the Republic of Cyprus’ invitation to engage in talks in view of reaching an agreement over the delimitation of the contested maritime zones between the two countries, or alternatively refer the issue to the International Court of Justice....

2700. Turkey part of EU agenda on ‘reinvigorating’ ties with US

Restoring stability in the Eastern Mediterranean and a “coordinated approach” to Turkey are among the issues outlined by the European Commission in an internal document on how to “renew and reinvigorate” transatlantic relations under the incoming US administration of Joe Biden....