Due to estimated shortages in electricity generation capacity, Israel wants to fast-track its cable interconnection with Cyprus, said Energy Minister George Papanastasiou. Confirming media reports, Papanastasiou said the issue was discussed at a
The visit to Israel this week of Energy Minister George Papanastasiou highlighted the urgency with which some infrastructure projects must be fast-tracked and delivered, preferably ahead of schedule. A series of power
By Craig Erlam Markets ended the week on a positive note, but there remains enormous uncertainty around inflation and interest rates that look set to continue throughout the summer. Expectations are changing
The European Parliament has adopted the findings of an inquiry commissioned to investigate the use of surveillance software among EU member states, which implicated Cyprus as an export hub for spyware. MEPs
Despite the Republic of Cyprus meeting the minimum standards to eliminate people trafficking, challenges persist, said the US State Department’s annual report. According to the report, Cyprus has demonstrated serious and sustained efforts
The Technical Committee on Cultural Heritage has completed conservation works at Ayios Georgios and Panayia Ayia Napa churches in Turkish-occupied Famagusta, the EU and the United Nations Development Programme said. UNDP Cyprus,
Cypriot Football giants Omonia Nicosia was shocked to its foundations after the club’s investor Stavros Papastavrou announced his resignation, spreading uncertainty over the team’s future. New York-based Papastavrou went live on Omonia
The government will introduce more measures to fence off the effects of persisting high inflation following news that interest rates will rise after the latest increase imposed by the European Central Bank.
By Craig Erlam The ECB raised interest rates by another 25 basis points on Thursday and signaled there’s more to come as it significantly revised up its core inflation forecasts for this
Greece’s AEGEAN and Cyprus Airways announced a codeshare agreement connecting the networks of the two flag carriers, offering enhanced connectivity for passengers. Starting on June 20, this new commercial partnership will boost
