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1351. Kyriakos Koushos officially assumes duties as Deputy Minister to the President

On Wednesday Kyriakos Koushos officially assumed his duties as Deputy Minister to the President, giving reassurances that he will do his utmost to live up to the expectations of President Nicos Anastasiades and the trust he has shown in him....

1352. Cyprus had the highest stock of NPLs in EU in 2020, Eurostat says

Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government in 2020, according to data released by Eurostat, the statistical office of the European Union....

1353. IMF: Forecasts for global recovery reduced to 4.4% for 2022

"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....

1354. Ukraine crisis: Biden warns Russia may invade next month

US President Joe Biden has warned there is a "distinct possibility" Russia might invade Ukraine next month, the White House says....

1355. Subsidy schemes to make Cyprus one of the top 30 tourism destinations

The Deputy Ministry of Tourism on Friday presented 12 subsidy schemes aimed at making Cyprus one of the 30 countries with the most developed tourism in the world by helping local authorities, organizations and companies to improve their services and attract more visitors....

1356. Passenger ferries to Greece expected to begin in April or May 2022

The passenger maritime link between Cyprus and Greece is expected to take shape in the coming months as a number of operators have submitted a tender through the e-Procurement System of the Treasury of the Republic of Cyprus, the Shipping Deputy Ministry announced....

1357. Erdogan says Turkey will respond to Greek buildup

Referring to Greece’s recent arms procurements, Turkish President Recep Tayyip Erdogan warned Thursday that “Turkey will not sit and watch Greece strengthen, it will be shielded.”...

1358. Buses in Nicosia and Larnaca go 5G

Connecting to a Wi-Fi network with 5G speed will now be possible for passengers of the Cyprus Public Transport buses. ...

1359. EuroAsia secures EU funds for Cyprus but Israel left out

Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...

1360. Op-ed: The EastMed project and dilemmas over energy strategy

The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...

1361. 'US position on EastMed project has no political aspect', -Erika Olsen [VIDEO]

US Deputy Assistant Secretary of State for European and Eurasian Affairs, Erika Olson, has told the Cyprus News Agency (CNA) that there is no political aspect in the US position on the EastMed pipeline project, adding that her country favors projects that will enable the clean energy transition and connect energy markets in the Eastern Mediterranean....

1362. The Cypriot electricity market is opening

Cypriot President Nicos Anastasiades is satisfied with the timetable as regards the opening of the competitive electricity market, set to launch in the fall of 2022, according to a written statement by deputy government spokesperson Niovi Parisinou....

1363. 'US is undercutting three of its strongest allies in region by undermining EastMed'

US Representatives Gus Bilirakis and Nicole Malliotakis recently sent a stern letter to Secretary of State Antony Blinken vociferously objecting to the Administration’s recent reversal of support for the Eastern Mediterranean Pipeline....

1364. Rare, pristine coral reef found off Tahiti coast

Deep in the South Pacific, scientists have explored a rare stretch of pristine corals shaped like roses off the coast of Tahiti. The reef is thought to be one of the largest found at such depths and seems untouched by climate change or human activities....

1365. Expert worried as Chloraka stoked about breakwaters

Local officials in Chloraka are stoked about tourism potential following a deal to install breakwater structures, but a coastal engineer is raising safety concerns for the project in Paphos’ western town that has been occupying the headlines recently over refugee management...

1366. Tatar: A campaign to recognize the pseudo-state

1367. Redevelopment of Larnaca port and Marina on track for implementation, Minister says

The €1.2-billion project for the joint redevelopment of the Larnaca port and the Marina area is on track for implementation, Minister of Transport, Communications and Works, Yiannis Karousos, said on Wednesday....

1368. Greece: Tax payment via foreign cards with or without physical presence

Greeks and foreigners will finally get the chance to pay their taxes, duties and levies in Greece using cards issued abroad....

1369. Financial feasibility study will show whether the EastMed gas pipeline is attainable

Cyprus Foreign Minister, Ioannis Kasoulides, has said that a financial feasibility study will show whether the EastMed gas pipeline is attainable....

1370. Op-ed: Beyond the EastMed pipeline

The US decision to shift its focus from the EastMed gas pipeline to regional electricity interconnectors is an opportunity for Greece. The pipeline has always been a long shot, and the case for pursuing it may have run its course. Greece now has a chance to reframe the dialogue around energy and climate change in the region, and it should seize it....

1371. 'We are ready to consider other alternatives'

“If this project is practically feasible, (if) we can meet the great geological challenges and, at the same time it is financially viable, then there is the political will to implement it,”...

1372. Polish scientists find gene that doubles risk of serious COVID

Polish scientists have found a gene that they say more than doubles the risk of becoming severely ill with COVID-19, a discovery they hope could help doctors identify people who are most at risk from the disease....

1373. Chloraka refugees in limbo as time runs out

A two-month grace period for asylum seekers in Chloraka ordered to move out of a studio complex is about to expire, with police saying they cannot enforce the eviction order as it has not been signed by a judge...

1374. Elon Musk's Neuralink to begin implanting brain chips in humans in 2022

Elon Musk has said that Neuralink, his brain-interface technology company, hopes to start implanting its microchips in humans next year....

1375. ETYFA PROMETHEAS: Full Steam Ahead

Works on the ETYFA Flagship project which will supply clean natural gas to Vassilikos Power Station continue unabated in spite of the terrible global situation as a result of the Covid 19 Pandemic....

1376. Netflix loses nearly $45 billion in market cap

Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....

1377. Washington bows out of East Med gas pipeline

Washington implicitly clarified in a statement on Monday that it did not support an ambitious East Med gas pipeline project, following a Twitter storm sparked by Greek media reports on a non-paper expressing American reservations about the plan...

1378. State Department affirms commitment to 3+1 mechanism of EastMed natural gas project

Following reports of US reservations over the financial and environmental sustainability of the EastMed natural gas pipeline project, a State Department spokesman has affirmed Washington’s commitment to the 3+1 regional alliance scheme (Cyprus, Greece, Israel plus the US), while emphasizing that Europe’s energy independence is a key national security issue....

1379. Sidney Poitier has died at the age of 94

Legendary Hollywood actor and first black man to win an acting Oscar, Sir Sidney Poitier, has died at the age of 94, a Bahamian government official has said....

1380. Cypriot economy will continue to recover output lost during 2020

The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....