Search

1261. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

1262. The EU28 adopted measures against Turkey's illegal drilling in Cyprus

The EU Foreign Ministers endorsed, without any changes the conclusions prepared by the permanent representatives, concerning Turkey’s illegal drilling in the Exclusive Economic Zone (EEZ) of Cyprus, cutting the EU pre-accession assitance for 2020, suspending EU- Turkey high political dialogues and stopping European Investment Bank’ lending activities in the country....

1263. David Harris: US closer to Greece, Cyprus, Israel

Washington recognizes Greece’s strategic value and reliability as an ally, attributes that only grow stronger as doubts deepen over Turkey’s stance, American Jewish Committee (AJC) CEO David Harris tells Kathimerini in an interview...

1264. Cyprus parliament suspends foreclosures

The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...

1265. Nicosia wants tougher measures against Turkey

The sanctions that were discussed on Thursday by national envoys of European Union member-states against Turkey over its illegal drilling activities off Cyprus do not, reportedly, go far enough for Nicosia, which wants tougher measures. ...

1266. EU signals sanctions on Turkey over Cyprus drilling

The European Union will put on hold high-level talks with Ankara and negotiations on an air transport agreement, as well as freeze funding for Turkey next year, over “illegal” drilling for gas and oil off Cyprus, according to a draft statement seen by Reuters...

1267. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

1268. No preliminary agreement on EU sanctions on Turkey

According to a diplomatic source that informed the press in Brussels the discussion on EU sanctions against Turkey will continue Thursday afternoon, as today there was no agreement...

1269. Lukewarm reaction to EU sanctions on Turkey

1270. Trump congratulates Mitsotakis, pledges to maintain close cooperation

The two leaders expressed their mutual interest in working together and continuing strong cooperation between the United States and Greece, the White House said. ...

1271. Bloomberg: EU to cut aid to Turkey over Cyprus EEZ violations

Bloomberg's Viktoria Dendrinou and Nikos Chrysoloras report that the European Union is considering suspending most high-level contacts with Turkey and cut the flow of funds in protest of the Turkish drilling activities in the Cyprus EEZ. ...

1272. New Greek cabinet sworn in

Greece’s new cabinet was sworn in on Tuesday after New Democracy leader Kyriakos Mitsotakis was elected on Sunday on a pledge to create jobs and lure investment to the economically stricken nation...

1273. Larnaca on the rise

The construction of the tallest building in Larnaca and third tallest in all of Cyprus has received the green light from local environmental authorities, which will undoubtedly change the famous Finikoudes strip...

1274. Mitsotakis sworn in as PM amid east Med tensions

Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...

1275. Deutsche Bank axes 18,000 jobs

1276. Construction underway on Metropolis mall

Heavy machinery started preliminary groundwork at the site of Metropolis, Larnaca’s first commercial shopping mall expected to open its doors late next year...

1277. Cypriots get a glimpse of City of Dreams

The Cyprus Casinos "C2" are celebrating their first anniversary in Cyprus and the company chose to look ahead with images and video of the City of Dreams Mediterranean Integrated Casino Resort (ICR), scheduled to open in Limassol in late 2021...

1278. The liberal narrative and the risks

1279. On the set of Jiu Jitsu

The filming of Jiu Jitsu starring Nicolas Cage is well underway in Nicosia, with first photos and videos from the set being made public...

1280. Banks in Britain revive preparations for no-deal Brexit

Banks in Britain are showing signs of restarting preparations for a no-deal Brexit after a lull in the shift of financial services jobs and capital from Britain to the European Union in the past few months, consultants EY said on Wednesday...

1281. Warnings over new foreclosure legislation

A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...

1282. MTN moves forward with ‘epic’ change

MTN Cyprus has changed its name to EPIC after a twelve-year presence in the Cypriot market, promising fundamental changes and lightning fast networks...

1283. Chinese Ambassador to Cyprus: No one stands to win in a trade war

1284. Fiscal Council: Implement reforms and maintain surpluses

1285. Five new Partners at PwC Cyprus

PwC Network member firms in Cyprus, PricewaterhouseCoopers Ltd and S.A. EVANGELOU & CO LLC are pleased to announce the admission of five new Partners who will take up official duties from 1 July 2019...

1286. Anastasiadescare

1287. Five new Partners at PwC Cyprus

PwC Network member firms in Cyprus, PricewaterhouseCoopers Ltd and S.A. EVANGELOU & CO LLC are pleased to announce the admission of five new Partners who will take up official duties from 1 July 2019...

1288. Cyprus strikes deal with Noble, Shell and Delek

1289. Eurobank posts €10 million first quarter profit

1290. IMF: Cyprus economic recovery gradually decelerating but remains strong