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Cyprus unfurls €1.3 bln environment roadmap

Despite apparent failure to meet eco targets set by the EU for 2020, Nicosia is optimistic that it will achieve its 2030 goals with a 10-year roadmap on energy and the environment

24th January 2020
Cyprus/Energy

Markets try to find sure footing amid coronavirus concerns

By Han Tan, Market Analyst at FXTM   Asian currencies and equities are advancing amid subdued trading volumes on the eve of the Lunar New Year, despite news that the death toll

24th January 2020
Markets/World

Shipping Chamber official reappointed IMO ‘Goodwill Ambassador’

Shipping Chamber deputy director-general Alexandros Josephides was reappointed as “International Maritime Organisation (IMO) Goodwill Maritime Ambassador” for Cyprus for the period 2020-2021. The Cyprus Shipping Chamber said, “this prestigious nomination and appointment

23rd January 2020
Maritime

Cyprus meets EU renewable target but lags in transport

In Cyprus, the share of energy from renewable sources in gross final consumption reached 13.9% in 2018, exceeding the 13% national target set for 2020 but it is bottom for transport. It

23rd January 2020
Energy/Life & Society

Cyprus retracts claim that Turkey stole gas data

Cyprus government spokesman Kyriacos Koushos retracted claims that Turkey may have stolen technical data on block 8 in the island’s Exclusive Economic Zone allegedly used to target an area for gas drilling.

23rd January 2020
Cyprus/Energy

New rent law provides eviction process within 35 days

Parliament is set to approve an amendment to the rent control law on Friday that makes it easier for landlords to evict tenants who fall into arrears or deliberately don’t pay their

23rd January 2020
Business/Life & Society

Will the coronavirus be the trigger for a market correction?

By Hussein Sayed, Chief Market Strategist at FXTM   The coronavirus has the world on alert. After the SARS epidemic killed nearly 800 people across 37 countries in 2003 causing panic and

23rd January 2020
Markets/World

Merkel asked to tell Erdogan to stop bullying Cyprus

Nicosia wants German Chancellor Angela Merkel to persuade Ankara to end its “gunboat diplomacy” against Cyprus when she meets Turkish President Recep Tayyip Erdogan. This was the message conveyed by Cyprus President

23rd January 2020
Cyprus/Energy

Cyprus anti-corruption efforts worsen index shows

Cyprus – along with many of the world’s most advanced economies – is stagnating or showing signs of backsliding in its anti-corruption efforts, according to the 2019 Corruption Perceptions Index (CPI) released

23rd January 2020
Business/Life & Society/World

Cyprus and Israel reaffirm flourishing partnership

Presidents of Israel and Cyprus, Reuven Rivlin and Nicos Anastasiades have reaffirmed the closer ties of the two countries as well as the increasing cooperation between them in energy and regional security.

23rd January 2020
Cyprus/World
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Latest News

  • The EU’s action plan for affordable energy
  • WTI wobbles at $62.20 with US NFP on horizon
  • Markets await NFP, avoiding Trump-Musk drama
  • As stocks hit record highs, deVere boss warns of complacency
  • Discipline, governance needed to build a resilient balance sheet

Latest Comment

6th June 2025

The EU’s action plan for affordable energy

4th June 2025

Discipline, governance needed to build a resilient balance sheet

25th May 2025

Gas will be around for quite longer

24th May 2025

Natgas back on the EU agenda

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The EU’s action plan for affordable energy

By Anthi Charalambous At a time of high energy volatility,

WTI wobbles at $62.20 with US NFP on horizon

West Texas Intermediate futures on NYMEX, trade sideways around $62.20

Markets await NFP, avoiding Trump-Musk drama

Financial markets remain relatively quiet early Friday as investors move

As stocks hit record highs, deVere boss warns of complacency

Markets have powered to all-time highs, with the MSCI All-Country

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