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1201. Greek defense minister to visit Turkey as tension wanes

Greece’s defense minister announced Thursday that he will travel to neighboring Turkey next week as part of an effort to ease tension between the two NATO members, which have long-standing and often volatile disputes...

1202. President wants top technocrats advising him on CyProb

President of the Republic Nikos Christodoulides said on Wednesday that the National Security Council that is to be set up will consist mainly of technocrats and will further strengthen the work of the National Council, the top advisory body to the President as regards the Cyprus issue...

1203. Cyprus and Israel thankful for mutual support

The relations between Cyprus and Israel will flourish even more, Israeli Foreign Minister Eli Cohen who arrived Thursday on the island ahead of a tripartite meeting between Cyprus, Israel and Greece said, also noting that Cyprus is a safe place for Israelis...

1204. Dendias to meet Cypriot and Israeli counterparts in Nicosia

Greek Foreign Minister Nikos Dendias will participate in the Trilateral Meeting of the Foreign Ministers of Cyprus, Greece and Israel, which will take place in Nicosia on Friday, March 31....

1205. President briefs political leaders on Cyprus and other issues

The President of the Republic, Nikos Christodoulides, chaired the first session of the National Council at the Presidential Palace on Thursday morning (30/03). ...

1206. Herodotou: 'European banking system in good health'

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

1207. Ministry of Labor building may not be structurally sound

The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...

1208. The safety of distributors is under the microscope

Distributors of food delivery platforms continued to demand better working conditions three months after strikes began and consultations began to establish a framework of conditions....

1209. Francophonie parliamentary delegation visits Cyprus

A delegation of the Parliamentary Assembly of Francophonie (APF) will pay Cyprus a visit on March 29 and 30, at the invitation of the House of Representatives, in the context of the Parliament's intention to submit an application for participation in the APF....

1210. Join the U.S. Pavilion at DEFEA 2023: Explore the latest defense systems from top American companies

The Commercial Section of the American Embassy in Nicosia is organizing a delegation to visit the U.S. pavilion at the Defense Exhibition (DEFEA) at the Metropolitan Expo Center in Athens, Greece, on May 9 to 11, 2023....

1211. It's time for diplomacy, says Christodoulides

It is time for diplomacy to play its role as it has already started working to bring about what we have discussed during our meetings in Brussels, in view of the elections in Turkey, Cyprus President, Nikos Christodoulides said on Tuesday....

1212. Keravnos urges banks to restructure loans and keep rates low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

1213. Single EU work & residence permit for 3rd country nationals

The Members of the European Parliament’s Civil Liberties Committee have agreed today on a draft legislation that updates the way single work and residence permits for third-country nationals are issued....

1214. Cyprus and Bahrain recommit to cooperation

The Cypriot consul in Bahrain has issued a statement about a series of meetings in Manama on bilateral cooperation, following a diplomatic incident and further steps by Nicosia to install an ambassador in the Kingdom...

1215. Marinas of the future with antiquated regulations

The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....

1216. Cyprus president satisfied with early bird EU meetings

Cyprus President Nikos Christodoulides said he was satisfied from his meetings on Wednesday with Commission President Ursula von der Leyen, European Council President Charles Michel and European Parliament President Roberta Metsola, in Brussels...

1217. Employers and labor unions can't agree on COLA issue

Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK. ...

1218. High prices continue to plague the market

1219. President travels to Brussels to attend European Council meeting

Cyprus President, Nikos Christodoulides, departs on Tuesday evening for Brussels, where he will attend the European Council meeting that will take place on March 23 and 24....

1220. Herodotus to banks on restructuring, interest rates and transparency in charges

The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....

1221. Brussel's wager

The next three days will be a frenzy of diplomatic activity for Nicosia, as the European Council meets in Brussels on March 23-24. ...

1222. Unlikely supporters announce mutual support for international body bids

Following a meeting between Foreign Minister Nikos Dendias and his Turkish counterpart Mevlut Cavusoglu in Brussels, the two men announced that Ankara will vote for Greece’s candidacy in the elections for a non-permanent seat on the United Nations Security Council, while Athens will support Turkey for general-secretary of the International Maritime Organization...

1223. Nicosia scolds Budapest over Turkic summit faux pas

Cypriot newly-appointed Foreign Minister Constantinos Kombos warned his Hungarian counterpart this week that Nicosia would keep an eye on how Budapest carries forwards after a diplomatic faux pas involving a Turkish Cypriot delegation at a summit in Ankara...

1224. Italy weighs in as Cypriot fund goes after Lukoil plant

An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...

1225. Partnership between New York Times and Kathimerini turns 25

Aristides Alafouzos, the late owner of Kathimerini, loved challenges. In 1988, a critical period for the Greek press, he bought Kathimerini, ensuring that the prestige and integrity of this historic newspaper would be preserved. ...

1226. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

1227. Moscow sees drone incident as provocation

Russia views the incident involving one of its Su-27 fighter jet and a U.S. military drone over the Black Sea as provocation, its ambassador to the United States, Anatoly Antonov, said in remarks published early on Wednesday...

1228. Athens keeps ball rolling on Cyprus Problem

Greek Foreign Minister Nikos Dendias will meet today, Thursday, with UN Secretary-General Antonio Guterres, to discuss the Cyprus problem, among other issues...

1229. DiCarlo conveyed UNSG's commitment to finding a solution

UN Deputy Secretary-General Rosemary DiCarlo made very clear the UN Secretary-commitment General's to the Cyprus problem and its resolution "and to our efforts to move forward," she said after her hour-long meeting in the occupied territories with TC leader Ersin Tatar....

1230. President eager to resume talks with Tatar

The President of the Republic, Nikos Christodoulidis, met with UN Assistant Secretary-General for Political Affairs, Rosemary DiCarlo, at the Presidential Palace, where they discussed the need for negotiations to resume in order to achieve a bizonal bicommunal federation within the agreed framework. ...