Search

2101. Safe business and digitalisation in maritime

2102. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

2103. Israeli medical complex coming to Cyprus

A huge undertaking in Cyprus’ medical industry has been announced, with a local company saying they reached an agreement with Israel’s Hadassah Medical to set up a network of hospitals offering diagnostic, rehabilitative, and assisted living care on the island...

2104. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

2105. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

2106. Larnaca gearing up with flood prevention systems

Four meteorological stations were set up in Larnaca this year for better monitoring of the weather, allowing for more effective flood prevention...

2107. Ankara focused on getting recognition of north Cyprus

Well-informed sources in the Turkish capital and in the Turkish Cypriot community insist on the fact that the messages relayed during Sunday’s celebrations in the north are of particular importance for the future course of the Cyprus Problem. Returning to the well-known rhetoric of the division, Turkey once again brought to the fore strategies and moves for the Cyprus Problem that had been forgotten for several years....

2108. Cabinet approves national framework on smart cities strategy

The Cabinet approved the development of a national framework on the strategy and promotion of smart cities, after a proposal submitted by the Deputy Ministry of Research, Innovation and Digital Policy....

2109. KPMG says it will be net zero carbon by 2030

KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...

2110. Cyprus, Israel, Greece agree to boost defense cooperation

The defense ministers of Greece, Israel and Cyprus agreed Thursday to step up military cooperation which they said will keep their armed forces better prepared, help create more jobs and bolster security in a fraught region. ...

2111. 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...

2112. Mitsotakis hails Cyprus, Greece, Egypt cooperation

Greek Prime Minister Kyriakos Mitsotakis hailed the importance of the trilateral cooperation between Greece, Cyprus and Egypt for ensuring peace and stability in the region....

2113. Varosha revamp ongoing at feverish pace

Preparations in Varosha ahead of the visit of the Turkish President and the leader of the Grey Wolves are continuing at a feverish pace. Turkish crews have begun work to upgrade the patch of Varosha to be visited by Recep Tayyip Erdogan, who will be accompanied by Devlet Bahçeli....

2114. Biden trumps Trump

Major television networks pointed to Democrat Joe Biden as capturing enough votes to rebuff his opponent, Republican incumbent Donald Trump, in what has been described as a time of deep divisions in the Land of the Free...

2115. Cypriots to protest over golden passports probe

A new demonstration will take place outside the Presidential Palace on Friday, with protesters gathering to express their frustration over the government’s handling of the golden passport scandal and demand that officials take ownership of the crisis...

2116. Cyprus digital transformation plan laid out

Cyprus' Deputy Ministry of Research, Innovation and Digital Policy is looking towards a two-speed plan, separating the aim for digital transformation into small high-speed and longer-orientated projects, in order to ensure effectiveness, Deputy Minister Kyriacos Kokkinos said on Thursday....

2117. Cyprus FM expresses grave concern over Turkey

The Cyprus Foreign Minister, Nikos Christodoulides, stressed before his Council of Europe counterparts on Wednesday the need for a full implementation of European Court of Human Rights (ECHR) judgments, including the Interstate Case of Cyprus against Turkey, while expressing his grave concern for the escalating Turkish provocations against Cyprus....

2118. Over 200,000 tonnes of plastic leaking into the Mediterranean each year

A new IUCN (International Union for Conservation of Nature) report finds that an estimated 229,000 tonnes of plastic is leaking into the Mediterranean Sea every year, equivalent to over 500 shipping containers each day. Unless significant measures are taken to address mismanaged waste, the main source of the leakage, this will at least double by 2040. ...

2119. Varosha getting revamp ahead of Erdogan visit

Preparations have begun within Varosha ahead of the upcoming visit of the Turkish President. Recent information points suggests that the Turkish government is moving ahead with significant interventions and revamp projects on the coastal front of the fenced-off city, which was re-opened by Turkish Cypriot authorities, with Turkey’s support, earlier this month....

2120. Mountain areas tourism product to get new boost

The deputy tourism ministry is joining forces with the forestry department to upgrade the tourism product of mountain and rural areas, focusing on improving nature trails, shelters facilitating bicycle tourism, and other projects aiming to upgrade forest recreation areas. ...

2121. Cyprus, Greece, Israel to bolster cooperation

The foreign ministers of Greece, Cyprus and Israel hailed the tripartite partnership between the three countries, aimed at bolstering economic and energy cooperation, during a meeting in Athens on Tuesday, and agreed that it could be expanded to include other countries in the region....

2122. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

2123. Constitutional crisis unfolds over passports

An unprecedented constitutional crisis has been unfolding in the Republic of Cyprus, with the attorney general publicly scolding an inquisitive auditor general and asking him to back off from seeking access to files in connection with golden passports linked to a casino project...

2124. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

2125. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

2126. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

2127. President defends block on audit office

President Nicos Anastasiades invoked the Constitution during a televised interview, saying the job description of the auditor general, who is currently seeking information on foreign nationals linked to a casino project, does not authorize him to 'have a say in everything'...

2128. Greece finalizes plan to build wall on border with Turkey

Greece's government says it has finalized plans to extend a wall along its northeast border with Turkey, over concerns that migrants may try to stage mass crossings into the European Union country....

2129. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

2130. Greek court rules Golden Dawn party criminal organization

A Greek court ruled on Wednesday that the far-right Golden Dawn party was operating as a criminal organization, delivering a landmark guilty verdict in a marathon five-year trial....