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631. Cyprus relaunches LNG terminal tender after €0.5B contract termination

Cyprus will soon launch tenders for the completion of the Liquefied Natural Gas Terminal for electricity generation, despite the termination of a €0.5 billion......

632. Cypriot and Swiss officials discuss migration cooperation

Cypriot Deputy Minister of Migration and International Protection Nicholas Ioannides thanked his Swiss counterpart, Christine Schraner Burgener, over her country’s financing of infrastructure of the Cypriot Asylum Service. ...

633. EU probes Vasilikos terminal over misuse of funds

The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...

634. Police lead investigation into LNG terminal project under EPPO oversight

The investigation on the project for the construction of an LNG terminal in Vasilikos was initiated in March 2024, the press office of the European Public Prosecutor’s Office......

635. Accident reveals 'mind-blowing' sulfur crystals on Mars

NASA’s Curiosity rover has made its most unusual find on Mars: rocks made of pure sulfur....

636. AstroBank acquires Neo Plaza in Kokkinotrimithia

The Neo Plaza of Kokkinotrimithia in Nicosia, an open commercial mall project in Cyprus that did not meet expectations, has been acquired by AstroBank....

637. Kyriacos Kokkinos appointed to European Institute of Innovation & Technology board

Kyriacos Kokkinos, Former Deputy Minister for Research, Innovation and Technology has been appointed by the European Commissioner for Innovation......

638. EU Prosecutor probes Vasilikos LNG project for fraud

The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption. ...

639. Cyprus signs €50 million contract for smart meters

A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....

640. Cyprus to decide on Great Sea Interconnector this August

Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...

641. EU reviews impact of Chinese exit from Vasilikos' LNG terminal

The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....

642. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

643. Five Turkish warships stir tensions in Greek waters

In recent days, Turkey has deployed up to five warships near the maritime boundary between Kasos and Karapathos islands, just outside Greek territorial waters....

644. Vasilikos LNG terminal to proceed despite challenges, says President

The liquefied natural gas terminal project in Vasilikos will be implemented, Cyprus President, Nikos Christodoulides, said on Monday, noting that the project should never have been assigned to the Chinese CPP-METRON Consortium Ltd....

645. Historic Artemis statue found at Kourion site

A marble statue of Apollo’s twin sister Artemis dated to the fourth century CE was found during the 2024 final excavation season of the Kourion Urban Space Project....

646. ''Christodoulides’ success built on my policies,'' says Anastasiades

Former President Nicos Anastasiades has criticized current President Nicos Christodoulides for taking credit for projects initiated by the previous administration....

647. ETYFA receives unfinished Vasilikos Terminal, plans to complete by 2025

The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....

648. Apartment prices up 13.9% yearly, house price growth slows

In the first quarter of 2024, house price growth showed a slight slowdown, while apartment prices continued to rise....

649. Erdogan leads a grand spectacle and provocation in occupied territories

On the occasion of the fiftieth anniversary of the Turkish invasion of Cyprus in July 1974, Ankara is staging its largest ''celebration'' in the occupied territories, replete with multiple symbolisms and a display of military power led by the amphibious aircraft carrier...

650. Cyprus' political failure 50 years on

The 20th of July will mark the day the Turkish Army invaded and occupied 40% of the island of Cyprus. Greece’s Prime Minister Mitsotakis, dignitaries and other heads of state will be welcomed as guests by President Christodoulides to commemorate that historical dark event but to also make the customary petty speeches aimed to tickle people’s ears....

651. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...

652. ETYFA criticizes consortium for failing Vasilikos project

The Natural Gas Infrastructure Company of Cyprus (ETYFA) expressed deep frustration and disappointment on Friday, confirming that the consortium contracted for the Vasilikos project is not only unwilling but also unable to complete the work....

653. Cyprus secures €30 million EU grant for enhanced maritime surveillance

Cyprus has secured an additional €30 million in funding from the European Commission to enhance its maritime surveillance capabilities. This funding follows the successful selection...

654. BBF, Proud Sponsor of the Year for Limassol Nautical Club, at Road to Paris 2024 Press Conference

BBF, the Official Sponsor Partner of the Limassol Nautical Club (LNC) for the year 2023-24, proudly attended a Press Conference held at the LNC premises on Friday, 12 July 2024, ...

655. Construction of youth housing in occupied Cyprus to begin next month

Within a month, construction will commence on social housing projects for young people in the occupied areas of Morphou and Gerolakkos, according to "Prime Minister" Unal Ustel....

656. Cyprus plans solar panels for National Guard by 2027

Cyprus will begin installing solar panels in National Guard camps and other facilities starting in September, aiming for completion by 2027, according to Defense Minister Vassilis Palmas. ...

657. Solar-powered 'smart benches' to monitor air quality in Greece

658. Public works enforces €100,000 fine for Nicosia ring road delay

The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....

659. Cyprus will build a naval base in Mari with Greek support

The Minister of Defense, Vasilis Palmas, confirmed reports regarding the construction of a naval base in Mari, during an interview on SPOR FM 95’s ''Diaspora News.''...

660. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....