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631. Greek-Turkish ties come under strain

The already tense relationship between Greece and Turkey has been strained further in the wake of Ankara’s leaking of a supposedly secret meeting between Greek, Turkish and German officials following Turkey’s controversial decision to convert Istanbul’s Hagia Sophia into a mosque and amid an increasingly aggressive Turkish stance in the East Mediterranean. The already tense relationship between Greece and Turkey has been strained further in the wake of Ankara’s leaking of a supposedly secret meeting between Greek, Turkish and German officials following Turkey’s controversial decision to convert Istanbul’s Hagia Sophia into a mosque and amid an increasingly aggressive Turkish stance in the East Mediterranean. ...

632. Berlin bridge-building effort undermined by Ankara

Turkish Foreign Minister Mevlut Cavusoglu on Tuesday revealed that a secret trilateral meeting between Turkish, German and Greek officials, mediated by Berlin, took place ahead of the European Union Foreign Affairs Council on Monday in the wake of Turkey’s controversial decision to convert Istanbul’s Hagia Sophia into a mosque. ...

633. 74% of Cypriots want higher EU budget to tackle pandemic

Three in four Cypriots believe the EU needs additional economic means in order to deal with the repercussions of the coronavirus pandemic, a study conducted by the European Parliament during the second half of June showed....

634. 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....

635. 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....

636. Moody's: Payment holidays shield Cyprus banks in 2020, but deterioration likely in 2021

Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...

637. Commission approves €6.3m incentive scheme to boost Cyprus air connectivity

The European Commission on Thursday approved a €6.3 million incentive scheme aiming to boost Cyprus air connectivity and tourism through incentivizing airlines affected by the coronavirus outbreak to re-establish air routes to and from the island....

638. Greece reopens regional airports, says Covid-19 risk calculated

Greece reopened its regional airports to international flights on Wednesday, pinning its hopes on a recovery in tourism after a three-month lockdown....

639. Berlin ready to support Cyprus solution process

Berlin intends to be supportive if asked to do so by all parties involved in Cyprus settlement efforts, the Ambassador of Germany to Cyprus, Franz Josef Kremp, told the Cyprus News Agency....

640. New Ministers of Justice and Defence sworn in

The new Ministers of Justice and Defence, Emily Yiolitis and Charalambos Petrides, were sworn in at the Presidential Palace on Monday....

641. PwC Cyprus: a steady supporter of entrepreneurship and innovation

642. Last coronavirus patient of Famagusta hospital discharged

The last patient that was being treated for coronavirus in the Republic of Cyprus’ designated coronavirus hospital in Famagusta was discharged Monday noon....

643. No progress among EU leaders on virus recovery deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

644. Perdios: Cyprus expects just 30% of last year’s tourists

Cyprus expects to attract just 30% of the four million tourists that visited the island last year, deputy minister for tourism Savvas Perdios said, claiming that this year will without a doubt be very tough for the local tourism sector, but the epidemiological data of the island and countries from which it expects tourists will ultimately have the final say....

645. Five new support schemes announced as Cyprus enters recovery stage

The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....

646. Greece will be better prepared for second wave of Covid-19, PM says

Greece will be better prepared if the coronavirus pandemic resurfaces in fall, Prime Minister Kyriakos Mitsotakis said on a television interview on Sunday night....

647. Anastasiades discusses Turkey, EU role with top EU officials

President Nicos Anastasiades found mutual understanding with European Council President Charles Michel and EU Foreign Affairs Chief Josep Borrell regarding the role the EU must play in view of Turkey’s activities in the eastern Mediterranean....

648. KPMG launches series of technical webinars

649. Cyprus lawyer searching for Dutch sailor who helped him beat Covid-19 infection

Distinguished local lawyer Kypros Chrysostomides beat his coronavirus infection after an arduous one-month journey at the Famagusta General Hospital ICU, but said what will stick with him is the memory of his hospital roommate, a young Dutch sailor, whom he hopes to meet again to thank him for the selflessness he showed while Chrysostomides was immobilized by the virus....

650. Med7 calls on Turkey to respect law of the sea

The foreign ministers of Greece, Cyprus, France, Italy, Malta, Portugal and Spain, a group dubbed the Med7, issued a joint declaration on Thursday calling on “all countries of the region to respect international law, including the law of the sea, and in particular the sovereignty and sovereign rights of EU member-states.” ...

651. Anastasides and Merkel discuss Turkish drilling plans, Covid-19 exit strategies

President Nicos Anastasiades and German Chancellor Angela Merkel discussed on Thursday Turkey’s illegal drilling activities in the Cyprus Exclusive Economic Zone (EEZ), but also touched on the repercussions of the COVID-19 pandemic, and EU issues....

652. Finance minister makes the case for Cyprus

Finance Minister Constantinos Petrides is confident the tourism industry in the Republic of Cyprus won’t have a catastrophic year following the pandemic, while calling on Europe to step up its recovery plan equally across the board...

653. Market sentiment looking up, FinMin says

Market sentiment is looking up, Finance Minister Constantinos Petrides said Tuesday after a broad meeting at the Presidential Palace between President Nicos Anastasiades and representatives of financial institutions....

654. 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....

655. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

656. Greece to welcome Germans, Cypriots, Israelis in first wave of visitors

Greece will allow travelers from around two dozen countries including Germany, Cyprus and Israel to visit from mid-June without having to be quarantined, government officials said, part of a gradual easing of coronavirus lockdown restrictions....

657. Cyprus to get €2.5 billion, EU Commission proposal says

The European Commission will propose on Wednesday that Cyprus gets €1.433 billion of the new recovery fund, and €2.52 billion in total....

658. Empty middle seat? Depends on which country you are flying in

In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it’s not mandatory for airlines to leave the middle seat open....

659. Greek economy to get multi-billion-euro lifeline

Prime Minister Kyriakos Mitsotakis will announce steps to revive the economy in a televised address on Wednesday. These steps will be mainly focused on tourism but will also concern other sectors affected by the coronavirus pandemic. ...

660. Woman succumbs to virus, two new cases confirmed

Two new coronavirus cases emerged on Wednesday, while a woman aged 85, who suffered from underlying health conditions, succumbed to her coronavirus infection raising the coronavirus death toll to 17....