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661. Cooler conditions fall into place later this week

Temperatures are expected to drop noticeably this week as an usual warm air mass is on its way out, with the island bracing for heavy winds and levels dropping to normal averages before the week is out...

662. Government announces a reduction of VAT for vulnerable households

Cabinet Ministers today announced the reduction of VAT charged to electricity bills of vulnerable households. ...

663. Over 500 million euros from Cyprus by 2026

In a speech to world leaders today at COP26, President Anastasiades said that Cyprus seeks to strengthen regional cooperation through coordinated synergies and exchange of best practices...

664. Tatar puts up new fight for squeaky cheese

Turkish Cypriot leader Ersin Tatar is taking to task European Union decisions on halloumi/hellim, the island’s famous cheese, saying they favor Greek Cypriots and leave their counterparts in the north at the mercy of inspectors approved by the south...

665. Cyprus aims for Mars with X-Ray rock dating instrument

Cyprus aims to join the global space exploration drive by developing a compact, X-Ray instrument capable of dating Martian soil and rock samples...

666. Digital Agenda 2021 ends with a bang!

The second and final day of Digital Agenda Cyprus was more impressive with speakers bringing together ideas, predictions and discussions about the future of technology and what to expect during the post-pandemic era....

667. Cyprus, Egypt sign deal to speed up electricity grid linkage

An undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transition to a green economy ...

668. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

669. EU: A charger for all mobile phones - A blow to Apple

The European Commission is pushing for a common charging port for mobile phones, tablets and headphones, ...

670. Southern European banks set for climate hit

Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires,...

671. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

672. Cyprus receives 157 million for Recovery and Resilience Plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

673. EY and IIF survey shows climate change top concern for banks

674. Taliban says ‘war is over in Afghanistan’

The spokesman for the Taliban's political office on Sunday declared the war was over in Afghanistan and called for peaceful relations with the international community...

675. Cyprus joins EU’s digital covid certificate

The Republic of Cyprus on Thursday joined other EU countries already accepting an EU-wide Covid certificate for easier travel, amid coordination challenges amongst members and a rampant Delta variant around the world...

676. Cyprus airports to accept EUDCC on July 1

The Cabinet that convened Wednesday, amended the Action Plan for the operation of airports to include the EU Digital COVID Certificate which will be issued by the EU Member States, as well as by the countries of the European Economic Area and by the Switzerland...

677. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

678. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

679. Islandwide rollout of 'pay as you throw' programme in 2022

The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....

680. Borrell determined to carry out EUCO mandate on Turkey

President of the Republic Nicos Anastasiades said clarifications about the EU’s role at the informal conference of Cyprus set to take place in Geneva in late April may arise after the visit expected to be paid to Turkey by EU officials....

681. Cyprus wraps up cheese that grills

Cypriot President Nicos Anastasiades says the registration of halloumi and hellim with the European Union is “to the benefit of all Cypriot producers, Greek and Turkish” following Monday’s designation for the famous cheese that grills but not without protests on both sides...

682. Florida giant denies Huawei in Cyprus

An American company has put words into action in the middle of global 5G wars, with Phoenix Tower International and Monaco Telecom announcing an agreement that includes acquiring newly constructed wireless towers across Malta and Cyprus...

683. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....

684. Coordination for green digital transition needed, Kokkinos says

Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos stressed the need to coordinate actions and investments at national and European level to achieve the EU's goals "for a sustainable, digital and green transition, empowering businesses with an emphasis on the SME and start-up ecosystem, and ensuring EU technological dominance", during his intervention at the informal teleconference of the Competitiveness Council for Research, under the Portuguese Presidency....

685. Cyprus, Greece, Egypt FMs call for federal Cyprob solution

The Foreign Ministers of Greece, Egypt and Cyprus signed a joint statement in support for a Cyprus solution on the basis of a bizonal bicommunal federation, in accordance with international law, the relevant UN Security Council Resolutions, and in line with the European acquis....

686. Policy priorities unaffected by pandemic, FinMin says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

687. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

688. Cyprus aiming for full absorption of EU funds

Finance Minister Constantinos Petrides said Cyprus wants to achieve an absorption of 100% of the maximum of €968 million it could receive from the European structural and investment funds, but this requires that Cyprus invests in projects amounting to €1.8 billion....

689. 5G bidding process wraps up, first licences in January 2021

The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....

690. COVID-19 to disrupt holiday shopping plans