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1651. Cyprus energy plans sticking to schedule

Energy Minister Natasa Pilides gave assurances on Wednesday that the companies active in Cyprus’ exclusive economic zone are moving forward with their planning....

1652. Construction of the Sewage System in Pyrgos and Parekklisia

Α ceremony took place on Friday 28/8/2020 at the Multipurpose Center of the Community of Pyrgos, for the signing of the Contracts for the construction of the Sewerage System in the Communities of Pyrgos and Parekklisia...

1653. Tourism sector in Ayia Napa, Protaras records €15m loss in 2020

The tourism sector of the eastern coastal destinations of Ayia Napa and Protaras suffered losses estimated at €15 million during the current tourist season as a result of the stem in tourist arrivals against the backdrop of the ongoing coronavirus pandemic....

1654. Shop owners block road work in Limassol

Shop owners in Limassol, who oppose the construction of a median strip on a popular avenue, blocked road workers on Friday morning, with reports saying police officers were trying to hold back angry protesters...

1655. MINTHIS property collection and the design diversity

Pafilia is always at the forefront of innovation in the real estate market thanks to its visionary approach and determination to push boundaries. With the recent launch of a new collection of residential designs at Minthis, collectively called Topos, they have once again set new industry benchmarks and further diversify the product range at this holistic lifestyle destination....

1656. Summer Internships Programme by PwC

Despite the difficult conditions and the challenges organisations are facing as a result of the COVID-19 pandemic, PwC Cyprus offers this year the opportunity to 90 university students to participate in the 3 summer internship programmes of the organisation...

1657. Cyprus tones down tourism expectations

Cyprus Deputy Ministry for Tourism halved its target for tourist arrivals in August to 100,000 as main tour operators exclude Cyprus of their programmes...

1658. Israel approves pipeline deal to sell gas to Europe

The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean....

1659. EU summit breaks up after all-night talks, to resume later

A marathon European Union summit has broken up temporarily in the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. The weary leaders were scheduled to resume the meeting Monday afternoon....

1660. Tseriou Avenue revamp plans picking up speed

1661. EU raises its bet on blood plasma in search for Covid-19 treatment

The European Union wants to fast-track funding to treat Covid-19 patients with blood plasma collected from survivors, an EU document seen by Reuters shows, in a sign of the bloc’s growing confidence in the experimental treatment....

1662. LNG terminal project marks new era for Cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...

1663. 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....

1664. Northwest Cyprus to be rebranded 'Paphos Riviera' amid fresh tourism designs

The Cyprus deputy tourism ministry is eyeing the western extremities of the Paphos region that is expected to be rebranded as the ‘Paphos Riviera’, announcing a new tender for the creation of a tourist development strategy and for the establishment of a tourist identity for the wider areas of Polis Chrysochous and Tylliria....

1665. Cyprus shrunk prison population by 16% as Covid-19 prevention, report shows

Cyprus was among the Council of Europe’s member states that marked the largest decrease in prison population rates during the coronavirus pandemic, a special report on the impact of lockdowns on EU prison populations that was published Thursday showed....

1666. Cyprus, Greece to be Israeli tourists' first destination, Netanyhu says

Israeli Prime Minister Benjamin Netanyahu said on Tuesday he aims to resume regular flights to and from Israel by August 1, noting Greece and Cyprus will be the first destination for Israeli tourists....

1667. North uneasy as coronavirus cases spiral in Turkey

After easing restriction measures on June 1, Turkey appears to be once again faced with the nightmare of soaring numbers of new coronavirus cases....

1668. Greece and Italy sign ‘historic’ maritime borders accord

Greek Foreign Minister Nikos Dendias and his Italian counterpart Luigi Di Maio on Tuesday inked a maritime borders agreement delimiting an exclusive economic zone (EEZ) between the two countries....

1669. Cyprus public debt spikes to €24.5 billion due to Covid-19 crisis

Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....

1670. Some restrictions may be eased earlier than planned

The government and its health advisory committee discussed on Tuesday the possibility of relaxing certain restrictions sooner than anticipated, but final decisions are expected to emerge after the Cabinet’s meeting on Wednesday....

1671. FinMin delves into details of 'new, more targeted measures'

Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....

1672. Cypriot cabinet approves EastMed pipeline

Cyprus’ cabinet on Thursday ratified a bill on the EastMed gas pipeline project, the country’s Energy Minister Giorgos Lakkotrypis said in a statement. ...

1673. New chapter in store for old Orphanides mall

The Bank of Cyprus is reportedly sounding out the government on a potential mega deal in west Nicosia, with ideas thrown around for the old Orphanides Mall to become a business centre or a medical facility...

1674. Coronavirus ICU builders turn down bonus

The contractors who built an Intensive Care Unit in less than a month at Nicosia General Hospital have returned their bonus check, offering the money as a donation to the state to buy ICU equipment...

1675. Cyprus 'golden visa' scheme returns to spotlight

Cyprus’ controversial citizenship-by-investment scheme was thrust into the spotlight once again after the investigative journalism platform Organized Crime and Corruption Reporting Project (OCCRP) published an in-depth report on the granting of a ‘golden passport’ to a senior member of the Saudi royal family and six of his family members....

1676. COVID-19 outbreak both a curse and a blessing

The coronavirus pandemic in Cyprus has come as both a curse and a blessing, as it forced authorities to move with unprecedented speeds toward a digital transformation, Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos said Thursday....

1677. Athens to undergo radical facelift

After the ambitious vision of creating a large traffic-free zone in Athens more or less fizzled out at the end of the previous decade, the Athens Municipal Council breathed new life into the project on Monday after approving a proposal for an extended pedestrian network and a drastic reduction of cars in the city center....

1678. EastMed a project of major geostrategic importance, Hatzidakis says

Lawmakers in Athens on Monday ratified, at the committee level, a deal for an undersea pipeline to carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe signed by Greece, Cyprus and Israel earlier in the year....

1679. Tensions mount over plans for high-rises on iconic Nicosia street

After tensions mounted in recent days over plans for the construction of a high-rise building complex on the iconic Gladstone Street in central Nicosia which hosts historic and traditional listed buildings, the developers of the planned construction fired back on Monday, claiming the plans are in line with the town planning regulations of the Nicosia Master Plan....

1680. Cyprus GDP to suffer 'severe contraction' in 2020, projection shows

The University of Cyprus’ Economics Research Centre has projected that the country’s GDP is set to drop by 6.9% in 2020 under a baseline scenario and by 13.1% under an adverse scenario....