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241. Cabinet approves subsidies to fund digital business upgrades

At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....

242. 'Greek fan' Menendez boasts F35 okay for Athens

US Senator Bob Menendez, who has been blocking fighter jets for Turkey over the years, told an audience in Washington this week that he was 'a fan of the Greek people' and further had no qualms about okaying the F35 stealth for Athens...

243. Cyprus aims for higher targets in green energy

In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...

244. GESY: Reforms and upgrades continue despite challenges

Health Insurance Organization says 2022 was a positive year, upgrading of services and reforms, the main challenge...

245. Cyprus Institute academics are some of the top scientists worldwide

Academics of the Cyprus Institute have recently been included in two ranking lists of top scientists worldwide....

246. Larnaca's new branded hotel (photos)

Solaar Hospitality's new hotel (formerly Michael's Beach Hotel) on the Larnaca-Dhekelia road is set to open in less than six months. The new hotel on the city's map will bear the name of an international hospitality chain and will open in April 2023 as the Mercure Beach Hotel Larnaca....

247. Alexandroupoli and the three-way barter

Turkish President Recep Tayyip Erdogan seems to be obsessed with the northern Greek port of Alexandroupoli. He’s furious about the American presence at this strategic port and realizes that it serves US interests vis-a-vis Russia at this critical juncture. ...

248. Turkey must behave as a NATO ally

Senator Bob Menendez, chair of the United States Senate Committee on Foreign Relations, calls for more steps to deepen the multidimensional relationship between Greece and the US, from defense and security to emerging technologies, the digital economy, the maritime industry and commercial shipping....

249. Sleepy Greek port becomes US arms hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....

250. Mari blast: 'A tragic reminder of the states' duty to its citizens'

"The 11th of July, 2011, is a tragic reminder of the responsibilities of the state, but also of its obligations towards society," President of the Republic Nicos Anastasiades said Monday at the memorial service for the 13 victims of the massive explosion at the naval base “Evangelos Florakis”, in Mari, on the southern coast of Cyprus....

251. Cattle class no more thanks to Air New Zealand's 'Skynest'

Air New Zealand will introduce sleep pods in the economy class cabins of its ultra-long-haul Boeing 787-9 Dreamliners from 2024. ...

252. Bank of Cyprus offering voluntary retirement plans for up to 600 employees

The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...

253. 'Batterygate': Millions of iPhone users could receive compensation

Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones. ...

254. Biden praises Greek position over war in Ukraine

US President Joe Biden has thanked Greek Prime Minister Kyriakos Mitsotakis for Athens’ 'moral leadership' following the Russian invasion in Ukraine in late February...

255. Price hike of raw materials affecting developers and construction costs

The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....

256. Subsidies worth €158 million for households and businesses to be doled out in 2022

Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....

257. TUI: Large demand for travel this summer

The tourist giant TUI gives optimistic prospects for this year's tourist traffic, which announced increased revenues of 2.37 billion euros in the first quarter of 2022, ...

258. State Department scolds Ankara over ‘involvement in recent conflicts, S-400 purchase

The US State Department has reiterated its strong objection to Turkey’s acquisition of the Russian S-400 missile defense system and rapped Ankara for its “involvement in some recent conflicts.”...

259. Windstorm batters Cyprus’ southern coast

Strong winds are battering the southern coast in Cyprus with heavy rains affecting driving conditions along stretches of highways in the area...

260. Athens looking to buy 15 naval ships by 2026

At a time when Greece is being pressured on different fronts, the country is now pursuing a comprehensive strategy of deepening and expanding its diplomatic imprint in the wider region...

261. A duty to protect our fellow citizens living with HIV/AIDS

Mr. Hatzipandelas today welcomed the presentation of the results of the Pancyprian research on the psychological and social needs of people living with HIV / AIDS....

262. US Ambassador toured Limassol port yesterday

US Ambassador to Cyprus Ms. Judith Garber visited Limassol port yesterday to tour the facilities of the Eurogate container terminal....

263. President Anastasiades begins official meetings in Bahrain

He arrived yesterday in Manama, the nation’s capital, and was greeted by Minister Abdullatif bin Rashid Al Zayani....

264. Livadia residents upset over 5G antennas

Local residents in Larnaca district have been mounting a campaign against the installation of a 5G antenna on the rooftop of a supermarket, accusing the telecommunications company of acting illegally...

265. 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....

266. Cyprus remains an attractive investment destination

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

267. 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...

268. New prospects for East Med

The “Eastern Mediterranean Security and Energy Partnership Act” submitted to the US Congress by Senators Robert Menendez and Marco Rubio that essentially upgrades the geopolitical roles of Greece and Cyprus is seen in Athens as a reflection of Washington’s renewed interest and growing involvement in the region. ...

269. Fitch Upgrades Hellenic Bank

270. Finance Minister speaks to Euronews on Cooperative sale