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451. Over 23,000 applications filed for suspension of loan payments

More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....

452. Euro zone ministers look for economy quick fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

453. Mixed reviews on anti-money laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

454. Sir Paul Nurse: Fighting cancer through the cell cycle

Holder of the 2001 Nobel Prize in Physiology or Medicine, Sir Paul Nurse, visited the island last week where he participated as the honorary speaker in the 4th Lecture of Academic Excellence organized by the Cyprus School of Molecular Medicine and the Cyprus Institute of Neurology and Genetics. His lecture, entitled ‘Control of the Cell Cyle’, delved into the depths of the research which had led to his prestigious Nobel prize....

455. Finland to accept 175 asylum seekers from Mediterranean 'hotspots'

The government of Finland announced on Thursday that it will be accepting up to 175 asylum seekers from Cyprus, Greece, Malta and Italy, in a bid to facilitate their humanitarian situation in EU member states in the Mediterranean....

456. 14 EU countries demand Syria govt, Russia return to 2018 ceasefire deal

Foreign ministers from 14 European countries, including France and Germany, demanded on Wednesday that Syrian government forces and their Russian backers end their offensive in Idlib province and return to the terms of a 2018 ceasefire deal....

457. Bulgaria wants in on EastMed energy cooperation

Bulgarian President Rumen Radev said on Tuesday that his country wishes to cooperate within the framework of the trilateral mechanism among Cyprus, Greece, and Israel in the energy field, adding that Bulgaria is geographically a natural continuation of these three countries....

458. Greek position on EU migration pact

Greece’s position regarding the future of the migration and asylum pact that the European Commission is expected to table in the coming months rests on three fundamental principles: a European solution to a European challenge, a fair system that will stand the test of time, and the preservation of the European Union’s core values as enshrined in the EU Treaty....

459. Cyprus, Lebanon begin preparations for first Trilateral Summit

Cyprus and Lebanon have begun preparations for the first Trilateral Summit at the level of Heads of State and Government, to be held in Nicosia in the spring, the Foreign Minister Nicos Christodoulides announced on Friday...

460. UN says its plan for military contacts not recognition

The UN intend to enquire both sides in Cyprus about their ideas concerning the establishment of an effective mechanism for direct military contacts, after a relevant reference in the UNFICYP resolution the Security Council passed Thursday. ...

461. Cyprus rejects Ankara call for a stop to drilling

Nicosia on Thursday rejected a call by Ankara for a halt to drilling activities off the island's south as a precondition for it to stop its own activities off the divided island. ...

462. Aksoy: Turkey will continue protecting T/C rights

Turkey’s ongoing survey and drilling activities off Cyprus aim at protecting the rights of Turkish Cypriots, a foreign ministry spokesman said Thursday, adding that “until these rights are guaranteed, Turkish Petroleum will continue to operate” in the areas licensed by the breakaway state....

463. Serious planning, not tough-guy posturing

464. Cyprus taps into Europe’s mountain know-how

Cyprus is hosting a European conference on mountain areas of large Mediterranean islands, hoping to gain valuable information and know-how from countries with a long tradition in managing mountain area policies...

465. Little US-Turkish progress solving defenses row, Erdogan says

Turkish President Recep Tayyip Erdogan said on Wednesday Washington and Ankara had done little to solve a row over Turkey’s purchase of Russian defenses and its procurement of US fighter jets despite a November agreement, according to broadcaster NTV....

466. Cyprus ratifies Multilateral Instrument

On 22 January 2020, the Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Mattersto Prevent Base Erosion and Profit Shifting(“the Multilateral Convention”) were published in the Official Gazette of the Republic in Greek and English, (“Multilateral Instrument”)...

467. Turkey blocks Cyprus from Geneva conference

Turkey has blocked a request from the Republic of Cyprus to take part in the global Conference on Disarmament in Geneva, as an adversarial relationship between the two countries is growing more intense...

468. Armed patrols begin this weekend

Armed soldiers and police officers will very soon be holding joint patrols in downtown Nicosia, with the justice minister saying the measures are being taken to combat crime, terrorism, and illegal immigration...

469. CITR Cyprus calls for modern insolvency rules

470. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

471. Minister determined to fight ‘green line abuse'

The Cypriot government is cautiously moving forward with plans to reduce illegal migration to Cyprus through the north, including checkpoint stations and surveillance of remote areas along the Green Line...

472. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

473. Cyprus soon to fulfill Schengen obligation

The Republic of Cyprus declared its readiness to become a member of the Schengen Area and awaits EU evaluation, Foreign Minister Nikos Christodoulides announced on Monday ...

474. Cairo summit underway

A summit held between Cyprus, Greece, and Egypt was taking place Tuesday in Cairo, with President Anastasiades drawing attention to international law amidst challenges posed by Turkish drilling off the island’s southern coast...

475. Turkish ships disturb Cypriot waters

Nicosia and Athens are calling on Turkey to back off following Ankara’s decision to send more ships off the southern coast of Cyprus...

476. Yavuz on its way to a new well

Turkey is sending an oil and gas drilling ship to waters off southern Cyprus where Greek Cypriot authorities have already awarded exploration rights to Italian and French companies, according to Turkish statements on Thursday....

477. Cyprus FM highlights need for regional cooperation in the Eastern Mediterranean

The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign Minister Nikos Christodoulides said on Thursday evening. ...

478. Interview with Endy Zemenides

Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...

479. Natalie's body found in a ditch on Ikaria

The body of Natalie Christopher was discovered on Wednesday afternoon on the Greek island of Ikaria, putting an end to search efforts for the British Cypriot scientist who went missing on Monday while on vacation...

480. Foreclosure legislation unconstitutional

The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...