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631. 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....

632. Greece, France to sign $2.8 billion fighter jet deal

Greece is due to sign a 2.3 billion-euro ($2.8 billion) deal with France on Monday to purchase 18 Rafale fighter jets as tensions grow with neighbor Turkey....

633. Cyprus launches online social insurance payment system

Cyprus’ new online system for the payment of social insurance contributions was presented on Thursday by Labour Minister Zeta Emilianidou and Deputy Minister for Research, Innovation and Digital Policy Kyriakos Kokkinos....

634. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

635. DBRS warns against protracted process in approving bugdet

Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....

636. Turkey’s defence industry to go it alone

US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...

637. Israeli fighter jets fly across Cyprus skies

The “Onisilos-Gedeon 2020" military exercise between the Republic of Cyprus and Israel wrapped up successfully on Thursday, a defence ministry statement said....

638. Ankara focused on getting recognition of north Cyprus

Well-informed sources in the Turkish capital and in the Turkish Cypriot community insist on the fact that the messages relayed during Sunday’s celebrations in the north are of particular importance for the future course of the Cyprus Problem. Returning to the well-known rhetoric of the division, Turkey once again brought to the fore strategies and moves for the Cyprus Problem that had been forgotten for several years....

639. Varosha revamp ongoing at feverish pace

Preparations in Varosha ahead of the visit of the Turkish President and the leader of the Grey Wolves are continuing at a feverish pace. Turkish crews have begun work to upgrade the patch of Varosha to be visited by Recep Tayyip Erdogan, who will be accompanied by Devlet Bahçeli....

640. Cyprus updates travel list

The Republic of Cyprus downgraded eight countries in its three-tier risk-based classification system and upgraded one, with the updated list coming into effect on November 9....

641. Athens starts diplomatic offensive

Athens has embarked on an ambitious diplomatic offensive aiming to woo old and new friends in the bid to advance its positions in the face of Turkey’s stance in the Aegean and the Eastern Mediterranean. ...

642. 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. ...

643. Greece finalizes plan to build wall on border with Turkey

Greece's government says it has finalized plans to extend a wall along its northeast border with Turkey, over concerns that migrants may try to stage mass crossings into the European Union country....

644. 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....

645. 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....

646. Pompeo: No to unilateral actions

Following a visit to the US naval base at Souda Bay on Crete with Greek Prime Minister Kyriakos Mitsotakis, US Secretary of State Mike Pompeo on Tuesday reiterated his opposition to unilateral actions amid disputes between countries and, in an interview with Kathimerini, indicated that the US is prepared to “play any role that’s appropriate and useful and constructive.” ...

647. 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....

648. Six countries downgraded, one upgraded in Cyprus travel list

The Republic of Cyprus’ health ministry announced on Monday that six countries will be bumped down a category in its three-tier coronavirus risk-based classification system governing travel, with the updated list to come into effect on September 24....

649. 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....

650. Shop owners block road work in Limassol

Shop owners in Limassol, who oppose the construction of a median strip on a popular avenue, blocked road workers on Friday morning, with reports saying police officers were trying to hold back angry protesters...

651. Justice minister on board with new drug policy

Justice Minister Emily Yiolitis says people addicted to drugs and alcohol ought not to be seen as lawbreakers but people who need treatment...

652. Cyprus starts fingerprinting ID card applicants

The Republic of Cyprus has stepped up its fight against document fraud and identity theft by launching new identification cards, which require citizens to submit fingerprints and other biometric data to the government...

653. Cyprus-France defence cooperation agreement comes into force

An announcement by the Cyprus Presidency on Thursday officially marked the initiation of a defence cooperation agreement between Cyprus and France, with particular focus on military and energy areas....

654. Greek PM tweaks cabinet to increase efficiency on economy, labor and environment

Prime Minister Kyriakos Mitsotakis has introduced changes to the makeup of his cabinet aimed at increasing its “operational efficiency,” government spokesman Stelios Petsas said on Tuesday....

655. Cyprus updates risk-based classification of countries

Cyprus on Tuesday issued an updated epidemiological risk-based classification of countries, including three amendments as regards Greece, Thailand and Morocco. The new classification will come into effect on August 6....

656. Cyprus welcomes Brits back amid spike

Five flights from British airports were scheduled to land in the Republic of Cyprus on Saturday, after the island listed the United Kingdom in Category B, which means arriving passengers are not required to be under self-isolation...

657. Akrotiri British Bases police donate 60 care packages

Akrotiri British Bases police donated 60 boxes containing food supplies and essential items to 100 families financially affected by the coronavirus pandemic living in the surrounding communities....

658. Tseriou Avenue revamp plans picking up speed

659. Tourism minister tries to manage expectations

The tourism minister is managing expectations for the Republic of Cyprus after tour operators made clear they would send British tourists to countries where PCR tests were not required...

660. LNG terminal project marks new era for Cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...