Nicosia is doing its best to have a Cyprus-Greece passenger ferry link operational by the summer but the case is tangled up in EU state financing rules, said the Deputy Ministry of Shipping. Deputy Shipping Minister Natasa Pilides told the Financial Mirror that while Cyprus was never closer to reinstating a ferry link with Greece,
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Cyprus and Norway will sign a Memorandum of Understanding (MoU) on energy issues to provide for the exchange of expertise and sovereign fund management. The MoU under discussion contains specific areas such as LNG bunkering, LNG legislation, cross border interconnection for natural gas and electricity. Other provisions include Renewable Energy Sources and sovereign fund management.
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European shipping needs to maintain its competitiveness through technology argued Cyprus during a debate on trade at a key conference in Brussels for European Maritime Week. Cyprus Shipping Deputy Minister Natasa Pilides called for “the introduction of new incentives to ensure further development of the sector and support for maritime technology, innovation and education”. She
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With the General Healthcare System (GHS) Phase II to launch on 1 June Cypriots must increase their contributions to the Health Insurance Organisation (HIO) from 1 March, amid concerns hospitals are not ready. When Phase I – outpatient care – came into operation last year, employees contributed 1.7% of their income to the GHS, employers 1.85%, the state 1.65%, and the
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France says the presence of its aircraft carrier Charles de Gaulle in Limassol symbolises the close relationship between Paris and Cyprus as European Union partners. French aircraft carrier group including Charles de Gaulle, supply ship Var and Greek navy frigate Psara will be docked at Limassol until 26 February, while the multi-mission Frigate Auvergne will
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Turkey’s illegal drilling in Cyprus’ Exclusive Economic Zone and the wider region must be geopolitically checked as Ankara wants to turn the Eastern Mediterranean into a “Turkish lake”, said Energy Minister, George Lakkotrypis. “Turkey is trying through its illegal actions to lead us to certain mistakes, which will legitimise its actions. Turkey intends to turn
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Online auction of properties acquired by banks, mainly through debt-to-asset swaps to reduce their toxic loans, have started to take-off as many more are being sold off. A private online platform, BidX1 held its second online auction of Cyprus property, selling 59 out of 66 properties going under the hammer for €10 mln. A banking
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Cypriot chairman of a second division football club and a referee will stand trial before the Cyprus criminal court on 17 March accused of match-fixing. Ayia Napa FC chairman Demetris Masias, 39, and referee Andreas Constantinou, 33, are suspected of rigging the Othellos Athienou v Ayia Napa second division game on 8 February. They face
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Turkey’s illegal activity in Cyprus maritime zones will be the focus of discussions when Norwegian Foreign Minister Ine Eriksen Søreide visits Nicosia on Friday. Søreide will pay Cyprus a working visit where she will hold talks with Cypriot counterpart Nikos Christodoulides. After their meeting, the two Ministers will take part in discussions involving delegations of
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Nearly nine out of ten Cypriots do not trust politicians but believe the army and police are their most trusted institutions, according to Eurobarometer results for Cyprus. When asked which institutions and media people trust more, the army came top in people’s replies with 62% followed by the police with 52% and television 48% (although
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