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1591. Singing from the same hymn sheet

I feel that the success of the New Democracy administration will largely depend on Premier Kyriakos Mitsotakis’ ability to strike a balance between the two camps...

1592. Estia scheme kicks in for eligible borrowers

The Estia plan aimed at boosting borrowers’ ability to repay their defaulted loans went into effect on Monday, as the Cypriot government embarks on a scheme to subsidize repayments of restructured loans...

1593. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

1594. Tourism staggers but officials still hope

Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...

1595. Interview with Endy Zemenides

Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...

1596. EY: The sale of the three subsidiaries of Cyprus Popular Bank has been completed

1597. Stella Kyriakidou: Climate change and gender equality a priority for the EU

There have been many who have questioned the EU because of the economic crisis that has emerged in recent years. Today we are coming out of this crisis and we realize that the EU still has a lot to offer....

1598. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

1599. Tangible rewards for alliance-building

Greece's military spending has shrunk dramatically as a result of the crisis, widening the defense gap with Turkey. Successive Greek governments have spent billions on armaments over the past few decades, yet there is very little to show for it in terms of a defense industry. After an ambitious start, state-owned firms such as the Hellenic Aerospace Industry (EAV) and others were gradually choked by mismanagement from political parties and unionism...

1600. Greece 2021

Milestones often present opportunities and the upcoming 200-year anniversary of the start of the Greek War of Independence in 1821 could serve as an opportunity for a new beginning...

1601. Wiz Guide: 12 best places in Larnaca for Food & Drink

Larnaca is on the rise. The city attracts more and more visitors every year, who seek to enjoy Larnaca’s culinary experiences and wide selection of restaurants and bars. The city of Larnaca is filled with wonderful places to explore and here they are: ...

1602. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

1603. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

1604. Tzionis gets life in Strovolos murders

A Nicosia criminal court sentenced Loizos Tzionis to life imprisonment after he pleaded guilty to charges in the Strovolos double murder case in a surprise move in the courtroom...

1605. The first visits to Washington and Jerusalem

It’s only three weeks since Nikos Dendias took over the foreign affairs portfolio, but he has already sent a pretty clear signal regarding the new government’s foreign policy priorities...

1606. Halloumi exports reached 29 thousand tons in 2018

Halloumi exports reached 29,000 tons in 2018, acting permanent secretary of Agriculture Ministry Andreas Louca has said. ...

1607. Early signs of civility and consensus

Despite some natural degree of skirmishing and isolated criticism, rays of civility, consensus and cooperation are breaking out across the Greek political landscape. ...

1608. The benefits of studying with a learning provider

Studying to become an ACCA member is flexible, and it opens up a world of opportunities. With over 500,000 students studying in a variety of ways, we know that flexibility is key to a successful ACCA journey. ...

1609. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

1610. Anastasiades congratulates new EU boss

President Nicos Anastasiades congratulated Ursula von der Leyen on becoming the European Commission’s next president, narrowly winning election in the European Parliament...

1611. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

1612. Which way will SYRIZA go?

It will take a couple of months before we see what kind of style SYRIZA plans to adopt in its reprised role as the country’s main opposition party. For the time being at least, it appears willing to cut some slack to the new government of Prime Minister Kyriakos Mitsotakis. ...

1613. Cyprus rejects extradition of Kurdish activist

A Kurdish man wanted by German authorities on terrorism-related charges won’t be extradited, following a decision by a Larnaca court that found political beliefs were behind the persecution...

1614. UNFICYP mandate extended for another six months

UN Secretary General Antonio Guterres has recommended that the Security Council extends UNFICYP’s mandate until January 31, 2020 in recognition of its continued contribution to the maintenance of peace and stability. ...

1615. 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...

1616. Mitsotakis, expectations and the need for unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

1617. A wise verdict

The Greek people voted wisely, as they have done in the past. They have given Kyriakos Mitsotakis a comfortable majority and a strong mandate. A percentage so close to 40 percent is unprecedented in the years of the crisis, as is a government with an outright majority. ...

1618. Far-right soundly defeated in Greek elections

1619. Marcos Baghdatis bows out

A trailblazing career comes to an end. Cypriot tennis player Marcos Baghdatis bows out from professional tennis following his second round defeat to Matteo Berrettini at Wimbledon...

1620. Cypriots get a glimpse of City of Dreams

The Cyprus Casinos "C2" are celebrating their first anniversary in Cyprus and the company chose to look ahead with images and video of the City of Dreams Mediterranean Integrated Casino Resort (ICR), scheduled to open in Limassol in late 2021...