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271. 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....

272. 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....

273. Cyprus’ Foreign Minister to attend Munich Security Conference

The Foreign Minister of Cyprus Nikos Christodoulides, departs on Friday for Munich, to attend the Munich Security Conference, taking place between February 14-16....

274. 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....

275. Greek PM meeting with Macron in Paris

Greek Prime Minister Kyriakos Mitsotakis has arrived in Paris for talks with French President Emmanuel Macron at the Elysee Palace. ...

276. Foreign powers back Libya ceasefire

Foreign powers agreed at a summit in Berlin on Sunday to shore up a shaky truce in Libya, but the meeting was overshadowed by blockades of oilfields by forces loyal to commander Khalifa Haftar that could cripple the country’s crude production...

277. EastMed bill squeezed through federal budget

US Senator Bob Menendez on Monday applauded a bipartisan deal on federal government spending that is comprised of 12 appropriations bills, including legislation shaping American strategy in the Eastern Mediterranean...

278. House passes 2020 budget

The House of Representatives voted the state budget for 2020 on Wednesday evening with 29 votes in favour and 23 against...

279. US arms embargo to be lifted on conditions

President Donald Trump will have discretion over a current US arms embargo imposed on Cyprus, as both Senate and House conferees have reached an agreement on the defence budget for next year...

280. President lauds outgoing finance minister

President Nicos Anastasiades thanked outgoing Finance Minister Harris Georgiades for the work he has done in steering the economy “out of deep crisis towards growth" ...

281. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

282. Cyprus soon to fulfill Schengen obligation

The Republic of Cyprus declared its readiness to become a member of the Schengen Area and awaits EU evaluation, Foreign Minister Nikos Christodoulides announced on Monday ...

283. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

284. Last straw as Johnson heads to Brussels

European Union leaders’ two-day summit in Brussels starting on Thursday will be dominated by last-gasp efforts to seal a deal on Britain’s exit from the bloc despite a raft of other pressing issues, from the crisis in the Middle East to the bloc’s budget...

285. Nicosia awaits EU council decisions on Turkey

The President of Cyprus Nicos Anastasiades expressed on Tuesday his satisfaction over the decision of EU Foreign Ministers with regard to Turkey’s illegal drilling activities in the Eastern Mediterranean, and said he expected the European Council to endorse sanctions in its upcoming meeting...

286. Ayia Napa rape accuser back in court

The Ayia Napa rape accuser was expected back in court on Tuesday where she is facing charges of public mischief, with her defence taking issue with how the complaint was investigated and how their client was treated by police...

287. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

288. Looking for true followers

Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures. ...

289. Cyprus to fully repay IMF loan in 2020

According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP ...

290. Cabinet approves surplus 2020 budget

The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System ...

291. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

292. Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

293. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

294. Cyprus pushes for ferry link with Greece

The government is looking for ferry links to Greece as cheaper alternatives to costly flights, with the shipping deputy minister hoping there will be a weekly connection by next summer...

295. Two women at the top of EU decision making

Under the deal, Ursula von der Leyen, a close ally of German Chancellor Angela Merkel, will replace Jean-Claude Juncker as president of the European Commission, the EU’s executive arm...

296. US Senate votes to lift Cyprus arms embargo

The US Senate on Thursday voted to lift a decades-old arms embargo against Cyprus and to cut Turkey off the American F-35 fighter jet program if it proceeds with the acquisition of the Russian S-400 missile defense system...

297. Cyprus 'one of the success stories of ESM'

298. EU vote across Europe

299. IMF warns of 'increasing headwinds to sustained growth'

300. Parallel House on Kea earns two young architects Domes award

Located in a wild, inhospitable and isolated corner of the Cycladic island of Kea, the Parallel House took the prize for Best First Work by a Young Architect at this year’s Domes Greek Architecture Awards earlier this month. Katerina Kourkoula and Hannes Livers Gutberlet of the firm En Route designed a residence along the contours of the natural landscape, parallel to the island’s southeastern coast, looking out toward the nearby island of Kythnos....