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1291. Greece, UAE commit to mutual defense assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

1292. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

1293. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

1294. Government unleashes new bundle of support measures

Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....

1295. Cyprus tightens restrictions, imposes 11pm curfew

In a national address on Wednesday night, the Cyprus President Nicos Anastasiades said the government was obliged to take tough decisions for stricter measures as the island was no exception to Europe’s second coronavirus wave, before the health minister stepped in to outline the new measures that come into effect on Thursday....

1296. Mountain areas tourism product to get new boost

The deputy tourism ministry is joining forces with the forestry department to upgrade the tourism product of mountain and rural areas, focusing on improving nature trails, shelters facilitating bicycle tourism, and other projects aiming to upgrade forest recreation areas. ...

1297. Cyprus tightens restrictions as virus flares

The health ministry tightened its grip on the island in a bid to slow down the recent extreme flare-up of the virus that has sent daily new cases into three-digit numbers....

1298. 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...

1299. Anastasiades satisfied after EC 'deplores' Turkey's actions

The President of the Republic Nicos Anastasiades expressed satisfaction in view of the EU Council’s condemnation of Turkey’s “renewed unilateral and provocative actions” in the eastern Mediterranean....

1300. Turkey points finger at Greece

Ankara fired back at US and EU criticism over actions of its decision to send Oruc Reis survey vessel near the Greek island of Kastellorizo, while also accusing Athens of escalating tensions and refusing honest dialogue over maritime disputes...

1301. Coronavirus death toll climbs, 33 new cases

Cyprus’ coronavirus fatalities continued this week’s climb after an 89-year-old woman, who was being treated for coronavirus at the Famagusta general hospital, succumbed to the virus on Friday, when 33 new cases were also detected....

1302. Maas to visit Athens, Nicosia, Ankara in bid to de-escalate tensions

German Foreign Minister Heiko Maas will tour Athens, Nicosia and Ankara next week as part of the continuous effort to rekindle the dialogue between the three countries ahead of the European Council Summit....

1303. Deputy tourism ministry to subsidise beach revamp projects

The Cyprus deputy tourism ministry announced on Monday a subsidy scheme to encourage projects that will upgrade Cyprus beaches, in the framework of the implementation of the 2030 national strategy for tourism and efforts to upgrade the island’s tourism product....

1304. 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....

1305. Spanish FM stresses solidarity with Cyprus, importance of dialogue

Spain’s Foreign Affairs Minister Arancha González Laya expressed her country’s solidarity and support for Cyprus in the face of tensions with Turkey in the Eastern Mediterranean....

1306. 30 new cases announced as football clusters grow

30 new coronavirus cases were detected on Tuesday, many of which formed part of growing clusters developed among local football teams....

1307. 17 new coronavirus cases detected

17 new coronavirus cases were detected on Monday, many of which formed part of growing clusters, with the health ministry issuing a renewed call to the public to adhere to protection measures in place and to contact their GP as soon as symptoms develop....

1308. 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....

1309. France stands behind Cyprus, defends sanctions against Turkey

The EU must be ready to activate all its tools, including sanctions, against Turkey, French State Secretary for European Affairs Clément Beaune said Friday during a visit to Cyprus....

1310. Turkey accuses Greece of treaty violations

Turkey has issued a navigational telex to mariners accusing Greece of violating the Lausanne Treaty by militarizing the Greek island of Chios just 10 miles from a Turkish port...

1311. Cyprus-Piraeus ferry connection by May 2021 viable

The goal of launching the Cyprus-Greece ferry connection in May 2021 is on track, the Cyprus deputy shipping minister Vasilis Demetriades said Tuesday....

1312. Cyprus updates risk-based travel list

The Republic of Cyprus on Tuesday downgraded Estonia and Georgia from category A to B, the Czech Republic and Hungary from B to C, while upgrading Rwanda from C to B, and Australia from B to A, in its three-tier coronavirus risk-based classification system governing travel rules....

1313. UK, Swedish travel agents regaining confidence in Cyprus

Major travel agents from Britain and Sweden seem to be overcoming their reservations regarding the mandatory coronavirus test and are starting to bring tourists to Cyprus again, Transport Minister Yiannis Karousos said Friday, speaking before the Parliamentary Transport Committee....

1314. Cyprus energy plans sticking to schedule

Energy Minister Natasa Pilides gave assurances on Wednesday that the companies active in Cyprus’ exclusive economic zone are moving forward with their planning....

1315. Climate change adds to plight of endangered sea turtles in Cyprus

Energy Minister Natasa Pilides gave assurances on Wednesday that the companies active in Cyprus’ exclusive economic zone are moving forward with their planning....

1316. 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....

1317. KPMG Property Lending Barometer 2020

1318. Cyprus revises classification of countries for travel

The Cyprus health ministry on Tuesday downgraded Hungary, Slovakia, Slovenia and Lichtenstein to category B in its three-tier risk-based travel classification system, while Rwanda and Monaco were bumped down to category C....

1319. Single new case detected after 1,916 tests

Just one positive coronavirus case emerged on Monday when 1,916 lab tests were carried out to check samples for virus, bringing the total number of cases detected in the Republic of Cyprus to 1,488....

1320. 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....