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3331. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

3332. «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....

3333. Cyprus plans to revoke passports after uproar

Cyprus said on Wednesday that it had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme, admitting it had flaws...

3334. EY climbs World’s Best Workplaces list

EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...

3335. Property Gallery Announces Partnerships with Local Sports Teams

In its ongoing efforts to make positive contributions to the local community, leading Limassol property developer, Property Gallery, is proud to announce that it has signed on to sponsor two local sports teams...

3336. 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....

3337. Three international firms to perform due diligence checks for people granted citizenship before 2018

Cyprus Interior Minister Constantinos Petrides has told the Cyprus News Agency (CNA) that the Interior Ministry will proceed, in cooperation with three international specialized firms, to due diligence checks for the cases of people granted Cypriot citizenship before 2018, when stricter checks entered into force....

3338. PwC: Fear of automation greatest among those getting fewest opportunities to upskill

3339. Brexit deal faces Saturday showdown

European Union leaders unanimously backed a new Brexit deal with Britain on Thursday, leaving Prime Minister Boris Johnson facing a battle to secure the UK parliament’s backing for the agreement if he is to take Britain out of Europe on October 31...

3340. US and Turkey work out a ceasefire

Ankara has confirmed statements made by US Vice President Mike Pence, saying the two countries agreed to a 5-day ceasefire in northeast Syria and a hold to additional US sanctions against Turkey...

3341. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

3342. Yavuz to start drilling off Cyprus

Turkish Energy Minister Fatih Donmez on Monday says Yavuz will start drilling for hydrocarbon deposits within Cyprus’ exclusive economic zone “today or tomorrow,” in what Nicosia says is a “serious escalation” by Ankara...

3343. Two dead in Greek migrant camp fire

A mother and child died in a fire started by rioting migrants at the identification and reception center of Moria on the southeastern Aegean island of Lesvos on Sunday, the state-run Athens-Macedonian News Agency has reported...

3344. Safeguards against climate change

Climate change has become the main concern of the younger generations, and it seems it is the main issue that can spur them into action. The great majority of young people used to be strangers to politics and protest. Now politics is entering their lives as they realize that the decisions of those who rule the world, whether it is politicians or corporations, will decide their own future. ...

3345. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

3346. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

3347. 'Forget two states and confederation'

Foreign Minister of Cyprus Nicos Christodoulides told on Monday his Turkish counterpart, Mevlut Cavusoglu, that the only Cyprus solution under negotiation is the bizonal bicommunal federation, adding that Nicosia is ready for a results-oriented process, by taking advantage of what was achieved during the last round of talks, in Crans Montana. ...

3348. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

3349. Turkey disregards international law says Cyprus MFA

In response to the Statement of the Spokesperson of the Ministry of Foreign Affairs of Turkey (19/09/2019) concerning the hydrocarbon–related activities of the Republic of Cyprus in its exclusive economic zone (EEZ) /continental shelf, the Ministry of Foreign Affairs of the Republic of Cyprus notes: ...

3350. 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. ...

3351. Cavusoglu speaks to Kathimerini

Our meeting with the Turkish Foreign Minister Mevlut Cavusoglu took place in Famagusta on September 9, 2019, the day the Turkish official entered the fenced-off town of Varosha ...

3352. Kyriakides up to the task for EU health

Cyprus’ EU Commissioner-designate, Stella Kyriakides, who has been selected as the new EU Health Commissioner, says she is ready for the challenge...

3353. Cavusoglu enters Varosha

Disregarding Security Council resolutions for the 45-year-old fenced off part of Famagusta, Varosha, Turkish Foreign Minister Mevlut Cavusoglu became the highest-ranking Turkish government official to enter Famagusta since the town was captured on the 14th of August 1974...

3354. President launches Exandas portal in a bid to enhance transparency

The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023. ...

3355. Leaders to meet

The UN Secretary General's special envoy Jane Holl Lute will hold new meetings on Friday morning with Cyprus President, Nicos Anastasiades, and with the Turkish Cypiot leader, Mustafa Akinci, as efforts continue to formulate the terms of reference, that will pave the way for the resumption of the Cyprus talks. ...

3356. Lute continues consultations as obstacles remain

Government spokesman Prodromos Prodromou told reporters that the President had today another meeting with Mrs Lute and that the consultations are continuing...

3357. 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...

3358. Johnson demands October 15 election after defeat over Brexit

British Prime Minister Boris Johnson on Wednesday demanded an Oct. 15 snap election after lawmakers seeking to prevent a no-deal Brexit dealt him a humiliating defeat in parliament which he cast as an attempt to surrender to the European Union...

3359. Greece and the US: Commitments and credibility

The signals coming from the two centers of power in the United States, the president and Congress, are often conflicting, which makes it hard for Athens to carve out an effectual foreign policy. This conundrum is set to continue throughout the Trump administration...

3360. Close to an understanding says spokesman

UN envoy Jane Holl Lute continues her contacts with the two sides on the island, in order to secure the terms of reference that would lead to the resumption of the talks for a solution. Lute met with the leaders, namely President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci three times since she arrived on the island last week. A fresh meeting with the President is schedule for Wednesday, 915 am local time...