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481. EU investigators follow the money to Cyprus

Cyprus came on the European Anti-Fraud Office’s radar this week, after it emerged that money allegedly stolen from an environmental project was diverted to a casino project on the island...

482. Sustainability the key word in approach against COVID-19, says Swedish Ambassador

Sweden’s Ambassador in Nicosia Anders Hagelberg has spoken of the need for a sustainable approach as regards dealing with the COVID-19 outbreak and has noted that one cannot compare the measures taken in different countries, as each one has different social and family structures in place....

483. 'We've learnt nothing' from euro crisis, ex EC president Juncker says

In an interview with Politico's Brussels Playbook, former European Commission President Jean-Claude Juncker has expressed his disappointment over the discord that emerged between euro zone countries in their attempts to come up with a joint response to the economic fallout of the coronavirus pandemic. ...

484. Euro zone ministers look for economy quick fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

485. Confirmed infections gradually go down

Greek Cypriot health officials say there was a “gradual reduction” in the number of confirmed coronavirus cases, adding that measures in place have been effective but this could still change at a moment’s notice...

486. Loan payments to be suspended for nine months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

487. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

488. Government considering to give banks €2b in state guarantees to unlock credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

489. Covid-19 cases jump to 97

Confirmed coronavirus cases rose to 97 in the Republic of Cyprus after two more tested positive on Monday, with one of the new cases involving a doctor at the Limassol General Hospital....

490. Healthy baby born in Athens from woman infected with Covid-19

The first baby from a woman who tested positive to the novel coronavirus was born in a hospital in Athens on Wednesday, state-run news agency ANA-MPA reported Thursday....

491. Cyprus braces for student exodus from Greece

Cypriot President Nicos Anastasiades outlined the government's plan on Friday to manage the coronavirus pandemic, announcing travel restrictions which some critics said did not go far enough...

492. President: Partial lockdown of airports, schools to remain closed until April 10

President Nicos Anastasiades addressed the nation on Friday night after the week saw cumulative confirmations of coronavirus cases across the divide....

493. Erdogan likens Greek authorities to Nazis

Turkish President Recep Tayyip Erdogan on Wednesday said there is “no difference” between Nazis and the Greek authorities trying to hold the country’s border against the influx of thousands of migrants and refugees spurred to push into the European Union by Ankara....

494. Nicosia schools temporarily closed as coronavirus measures stepped up

Schools across the Nicosia district were temporarily suspended on Tuesday, Health Minister Constantinos Ioannou announced. ...

495. Greek forces use tear gas to repel migrants

Greek riot police and troops used water cannon and tear gas on Wednesday against hundreds of migrants as they made another attempt to cross the border from Turkey into Greece....

496. Greek PM meets with five EU leaders over bloc's budget

Greek Prime Minister Kyriakos Mitsotakis held talks in Brussels on Friday with the leaders of Germany Angela Merkel, France Emmanuel Macron, Spain Pedro Sanchez, Italy Giuseppe Conte and Portugal Antonio Costa in a bid to break a deadlock in negotiations for the European Union’s 2021-2027 budget....

497. Summit standoff as EU leaders grapple with Brexit-sized hole in budget

EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion-euro (62.9 billion pounds) hole after Britain’s departure at a time when they face costly new challenges from climate change to migration....

498. Banks must find new profitable products, CBC Governor says

The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....

499. Cooperation required to fully reap energy rewards

500. PRIO: A Cyprus solution could reap high economic benefits

A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....

501. Accounting profession the pillar of powerful economies

502. In Paris visit, Greek, French ministers agree to boost investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

503. Renewable power is only part of the solution to meet net-zero targets

504. Terrorism suspect jailed in the north

A suspected terrorist arrested in the north earlier this week was ordered to remain in custody on Friday, as Turkish Cypriot authorities continue to investigate possible links with ISIS...

505. Diplomatic hype over eastern Mediterranean

Greek Foreign Minister Nikos Dendias attended Christmas Mass in Istanbul amid diplomatic tensions and power play between Athens and Ankara over gas exploration in the eastern Mediterranean...

506. Shuttle buses go up in flames

Eight buses were destroyed in a fire on Monday in Larnaca with authorities pointing to arson based on early indications...

507. Large group of refugees reaches Cyprus

A boat carrying over 120 refugees reached Cyprus on Wednesday, with reports saying most were Palestinians from Syria...

508. Underage girl accuses young man of rape

A 20-year-old male from Paphos is facing criminal trial next month following allegations that he raped an underage girl, while another young man is being accused of sexually abusing a girl in her early teens...

509. Epic rains wreak havoc in Cyprus

There were power cuts and traffic jams almost all over the island on Sunday as heavy rain and storms caused flooding and damaged crops in a very short time...

510. Attracting investments, relations with Turkey: A new chapter?

On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration. ...