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1591. 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...

1592. MBA scholarships at CIIM for Oil & Gas Management

1593. EY Cyprus Platinum Sponsor at first Cyprus Forum

1594. Green transition in transport, agriculture an uphill task

Achieving sustainable transport demands policies on a governmental and local level which will give priority to users, providing more accessible, fair and clean alternative solutions, chairman of the parliamentary committee on transport, Charalambos Pittokopitis, has said, noting that the transition could not be achieved overnight....

1595. Microsoft plans $1 billion data center venture in Greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

1596. What Berlin made clear to Nicosia

German officials coordinating with Nicosia, after the Republic of Cyprus told the foreign affairs council that it would use its veto power if sanctions against Belarus are not linked with those against Turkey, said that the prospect of sanctions against Turkey is a distant scenario....

1597. Winter season a window of opportunity for tourism

With the tourism sector’s performance this summer having refuted even the most optimistic forecasts that were made, the question for tour operators is what more can be done over the next period to reduce the big losses. As such, everyone's attention has shifted to the winter period that begins next November and ends in March 2021....

1598. Greece, US affirm commitment to boosting ties after high-level review

Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....

1599. The EU did not act in united fashion, Cyprus President tells Le Figaro

In an interview with the French daily Le Figaro published Thursday, President Nicos Anastasiades said that in responding Turkey’s actions in the eastern Mediterranean, the EU did not act in a decisive and united fashion, while refuting that Cyprus vetoed sanctions against Belarus....

1600. The four scenarios after the 'veto'

The decision on EU sanctions has been postponed for the meeting of the 27 leaders of member states, likely to take place on October 1 and 2 due to a case of coronavirus. At that meeting, it will become clear whether the case of Belarus will be linked with whether sanctions will be imposed on Turkey for its provocations in the Cyprus EEZ or not. Foreign Minister Nikos Christodoulides made it clear to the Council of Foreign Ministers that what was agreed in Berlin should be respected, in essence using his veto. Whether Nicosia will maintain this position until the end will be seen at the summit of the 27....

1601. EP adopts resolution condemning Turkey's EastMed activities

With 601 votes in favour, 57 against and 36 abstentions, the European Parliament adopted a Resolution condemning Turkey’s activities in the EEZ of Greece and Cyprus, ahead of next week’s extraordinary European Council summit that will focus on the heightened tensions in the eastern Mediterranean....

1602. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

1603. EU set to sanction Turkey over ships in disputed East Med exploration area

The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on September 24 in response to the Eastern Mediterranean dispute with Greece, the EU’s top diplomat said on Friday. ...

1604. 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....

1605. 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....

1606. Cyprus lends a hand to frantic Beirut search and rescue efforts

A Cyprus search and rescue team departed for neighbouring Lebanon on Wednesday afternoon to contribute to ongoing frantic efforts to locate missing persons and survivors of the massive blasts that rocked Beirut on Tuesday afternoon....

1607. Zero coronavirus cases in Cyprus

All 2,465 lab tests conducted on Wednesday to test samples for coronavirus came back negative, the Cyprus health ministry announced....

1608. Portuguese footie player for local team among Cyprus' two new cases

The Cyprus health ministry announced two new coronavirus cases on Tuesday, involving a Portuguese player for a local football club and a woman who was instructed by her GP to get tested after developing symptoms....

1609. Cyprus on alert as Chevron snaps Noble

The acquisition of Noble Energy by Chevron is a development that may affect the development of the "Aphrodite" deposit, the Cypriot energy minister has said...

1610. Zero new cases in the Republic of Cyprus

All 1,565 lab tests conducted to check samples for coronavirus on Monday emerged negative, a health ministry announcement said....

1611. Evaluating and learning from the pandemic response

The COVID-19 pandemic is testing the strengths and exposing the weaknesses of governments, defence, security forces and the private sector in their crisis preparedness and response. In order for future responses to be more robust and resilient, governments will need to understand how these actors collaborate and map leadership priorities...

1612. Person repatriated to Cyprus from Albania tests positive for the virus

The Health Ministry announced one new coronavirus case on Tuesday involving an Albanian national permanently residing in Cyprus who flew into the island from Albania (category C) via Athens on Monday....

1613. Limassol gym employee Cyprus' single new case

The Health Ministry announced one new coronavirus case on Monday, involving a local employee of a Limassol gym....

1614. Wizz Air Abu Dhabi announces new route to Larnaca

Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, announced on Monday a route from Abu Dhabi to Larnaca, starting on October 3, with fares starting at €29.99....

1615. Emirates SkyCargo expands network to Larnaca

Apart from Larnaca, the new cities added to the air cargo carrier’s network include Accra, Algiers, Athens, Fort Lauderdale, Glasgow, Los Angeles, Male, Moscow (SVO), Phnom Penh, Rome, Santiago, Sialkot and Tunis....

1616. 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....

1617. 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.”...

1618. Greece to resume direct flights with the UK from July 15

Greece will start accepting direct flights from the UK from July 15, the country’s government spokesman Stelios Petsas said on Monday. ...

1619. Cyprus based company KRU Overseas continues to supply coal to Cyprus domestic market

KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....

1620. 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....