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1621. Biden key pick emerges

US president-elect Joe Biden is expected to nominate veteran diplomat Antony Blinken as his secretary of state, making good on a promise to restore EU-US relations and take a more active role on the global stage but also planting many unknowns in regards to Turkey...

1622. EU could pay over $10 billion for Pfizer and CureVac vaccines

The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks told Reuters....

1623. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

1624. Gigolo murder suspect still in custody

The two suspects in the murder of a well-to-do mother of three in Limassol have been order to remain in custody, while local media say a person in Nicosia was questioned after it emerged that the murder suspect had sold stolen jewelry belonging to the victim...

1625. Game plan to circumvent passport rules

Meme culture enthusiasts in Cyprus upped their game this week following a passport scandal reported by Al Jazeera, with catchphrases such as “this is Cyprus” and name dodging tricks seen in a secret video prompting media to spot five ways a lawyer could circumvent the system in the golden passport scheme...

1626. Cypriots rise up against corruption

A crowd of protesters gathered outside Filoxenia Conference Centre in Nicosia on Wednesday evening, calling on House Speaker Demitris Syllouris to resign after he was featured in an Al Jazeera undercover story on corruption...

1627. Stella Kyriakides at Digital Agenda Cyprus Summit 2020

On 1 December 2019, Ms. Kyriakides became the European Commissioner for Health and Food Safety. ...

1628. House speaker offers public apology

House Speaker Demetris Syllouris says his mind is made up regarding his position in parliament but will abstain from duties and announce his decision after the conclusion of a probe into passport corruption...

1629. Green transition in transport, agriculture an uphill task

Achieving sustainable transport demands policies on a governmental and local level which will give priority to users, providing more accessible, fair and clean alternative solutions, chairman of the parliamentary committee on transport, Charalambos Pittokopitis, has said, noting that the transition could not be achieved overnight....

1630. Cyprus-Piraeus ferry connection by May 2021 viable

The goal of launching the Cyprus-Greece ferry connection in May 2021 is on track, the Cyprus deputy shipping minister Vasilis Demetriades said Tuesday....

1631. Cyprus sees glimmer of hope with Chevron

The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...

1632. Greece to extend territorial waters amid dispute with Turkey

Turkey’s president warned Greece on Wednesday not to test his country’s patience or courage as the NATO allies remained locked in a tense dispute over offshore energy exploration in the eastern Mediterranean, while Greece announced plans to extend its territorial waters along its western coastline....

1633. Cyprus domestic tourism scheme to launch in September

The Cyprus deputy tourism ministry announced Monday that a new government scheme aiming to boost domestic tourism is set to be launched in September....

1634. Biden in hot water over Turkey comments

US presidential candidate and presumptive nominee for the Democrats, Joe Biden, is in hot water over old comments he made about Turkey’s Erdogan, after a video surfaced just days before the launch of the Democratic National Convention...

1635. Greek and Turkish warships in 'mini collision,' says defense source

A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an "accident."...

1636. Ankara responds to Greek warnings

Turkish President Tayyip Erdogan says an attack on Oruc Reis in the eastern Mediterranean would incur a “high price” while at the same time calling for a win-win solution through dialogue...

1637. Buyer’s market and herd immunity

The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...

1638. 14 new coronavirus cases in Cyprus

Cyprus detected 14 new coronavirus cases after conducting 3,775 tests on Wednesday....

1639. Cyprus on alert as Chevron snaps Noble

The acquisition of Noble Energy by Chevron is a development that may affect the development of the "Aphrodite" deposit, the Cypriot energy minister has said...

1640. Cyprus readies launch of 5G bid

The Republic of Cyprus is moving forward with opening a public bid for the country’s 5G network, with permits expected to be approved before the year is out...

1641. Locals find hidden hotel rates in Cyprus

A report shows that booking some hotel rooms online in the Republic of Cyprus could end up costing more money, after locals discovered they could land better deals by calling a hotel directly...

1642. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

1643. EU gives go-ahead for Cyprus-Greece ferry connection subsidy

Cyprus’ outgoing Deputy Shipping Minister Natasa Pilides said on Monday that the goal to establish a ferry connection between Cyprus and Greece is moving forward, noting that following consultations which began a year ago, the EU Competition Directorate-General has approved a state subsidy for the project valued of at a maximum of €6 million per year....

1644. Moratorium on energy plans would be the end of Cyprus' energy prospects, Lakkotrypis says

Outgoing Energy Minister Giorgos Lakkotrypis told Kathimerini Cyprus that a moratorium on the Republic’s energy plans due to internal or external instabilities would mean the end of any energy prospects for the country....

1645. Remdesivir set to become Europe's first COVID-19 therapy

Doctors in Europe will soon be able to treat COVID-19 patients with Gilead’s antiviral drug, remdesivir, after the healthcare regulator’s endorsement put it on track to become the first therapy for the disease on the continent....

1646. Cyprus tourism gearing up for ‘British invasion’

The tourism industry in the Republic of Cyprus is fighting tooth and nail to minimize losses this year, with the tourism minister hinting at British arrivals in mid-July and hoteliers asking for specific dates to get ready...

1647. Nicosia midtown center in the works

A new modern business centre on the most popular main street in Nicosia is said to be in the pipeline, following reports that the Bank of Cyprus has sold a parking lot in the midtown area...

1648. Businesses pursue strategies for turning challenges into opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

1649. Ozersay: daily crossing of T/C workers as of June 22

The daily movement through checkpoints of Turkish Cypriots living in the north but working in the Republic can begin as of June 22, when the safety of the Republic’s move to reopen airports will be made clear, Kudret Ozersay, in charge of foreign affairs in the north, said Thursday....

1650. KPMG launches series of technical webinars