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CYPRUS EDITORIAL: e-Government lost down the back of the sofa

. About two years ago, the Council of Ministers announced that all cabinet meetings would become paperless, with state officials tapping away at their keyboards and documents swished from one laptop to

8th June 2019
Comment

CYPRUS: Vassiliko cement building on construction boom

Riding on the Cyprus construction boom of recent years, Vassiliko Cement Works has seen its cement sales to local industry increase by 17% in 2018, continuing a steady but upward 4-year trend.

8th June 2019
Business

ENERGY: After Kofinou land lease, what next for EuroAsia cable?

. By Makis Georgiou The EuroAsia Interconnector project seems to be on target with its construction schedule to build the subsea high-voltage DC cable connecting energy-thirsty Crete to mainland Greece within three

7th June 2019
Comment

ECONOMY: French takeover of CNP Cyprus will invigorate insurance sector

French giant CNP Assurance has bought out the remaining 49.9% stake in local insurers CNP Asfalistiki and CNP Cyprialife from Bank of Cyprus, having paid €97.5 mln for the company the Cypriot

7th June 2019
Business

CYPRUS: Government ready to resolve GHS technical glitches

The government is satisfied with the General Health System’s first week in operation, while observers fear the software it is dependent on could be overwhelmed. President Nicos Anastasiades after visiting Nicosia General

7th June 2019
Cyprus

Cyprus offshore gas deal a step forward in regional energy structure

. The East Med offshore gas situation remains in a state of flux. After a diplomatic push by US officials to link the region to US interests, with an emphasis on offshore

7th June 2019
Comment

ENERGY: UK minister changes tact on Turkish incursion into Cyprus EEZ

UK Minister for Europe Sir Alan Duncan says Britain is opposed to Turkey drilling inside Cyprus’ Exclusive Economic Zone (EEZ) after he was criticised for calling it “disputed waters”. After Nicosia protested

7th June 2019
Cyprus

CYPRUS: Property sales spike as investors rush to beat new passport criteria

A rush by investors to qualify for a Cyprus passport saw the submission of sales document with the Land Registry by third-country nationals skyrocket 55% in May compared to the previous month.

7th June 2019
Business

EUROPE: Cyprus has low rate of self-employed EU residents

The lowest self-employment rates for persons born in a different EU Member State than the one they are residing in were observed in Luxembourg (8%), followed by Hungary, Sweden, Austria, Germany and

7th June 2019
Business

ENERGY: US deeply concerned by Turkey’s bid to drill in Cyprus waters

The US is "deeply concerned" by Turkey’s announced intention to begin drilling in the waters off Cyprus and urged the Turkish authorities to halt the operation, said US Ambassador Judith Garber. She

7th June 2019
Cyprus
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