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Cyprus - Page 836

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ENERGY: Greek firm Energean makes gas discovery offshore Israel

Greek firm Energean, the oil and gas producer focused on the Mediterranean announced that its Karish North exploration well offshore Israel has made a “significant” gas discovery.  Preliminary analysis indicates: Initial gas

15th April 2019
Cyprus

ENERGY: EuroAsia sues Greek regulator after Athens \’U-turn\’ on cable project

EuroAsia Interconnector, the project promoter of the 1,000 MW electricity cable between Israel, Cyprus, Crete and mainland Greece, is suing the energy regulator RAE in Athens for breach of contract after the

14th April 2019
Cyprus

CYPRUS: Clouds gather over court ruling on civil service pay cuts

While the government is all at sea over what the state is liable to pay in compensation after civil servant salary cuts in 2012, were deemed unconstitutional, private sector workers are now

14th April 2019
Cyprus

CYPRUS: Film version of Cypriot sitcom matches \\\’Titanic\\\’ success

A movie adaptation of popular Cypriot sitcom ‘Vourate Gitonoi’ is smashing box-office receipts to packed cinemas and closing in on Leonardo Di Caprio’s breakthrough 1997 movie “Titanic” as far as ticket sales

13th April 2019
Cyprus

CYPRUS: MPs demand the immediate resignation of Finance Minister

Parliament passed a resolution on Friday calling on Finance Minister Harris Georgiades to tender his resignation over the Co-op debacle.  Opposition parties stood firm on their demand to urge Georgiades to stand

12th April 2019
Cyprus

CYPRUS: Dry dams reach capacity after record rainfall

With the past winter recorded as the fourth best season as regards rainfall, and record inflows to the dams, water stocks at the bigger reservoirs could last Cyprus for about 2-3 years,

12th April 2019
Cyprus

ENERGY: Cyprus and Lebanon seek deal on hydrocarbon reserves straddling their EEZ

Cyprus and Lebanon agreed to commence negotiations for an agreement on development of hydrocarbon reserves extending beyond their respective exclusive economic zones (EEZ). Cypriot Foreign Minister Nikos Christodoulides and Minster of Energy

11th April 2019
Cyprus

CYPRUS: Senator who aims to lift US arms embargo will visit Nicosia

US Democratic Senator Robert Menendez who backs a bipartisan bill seeking to lift the American arms embargo on Cyprus, will visit the island next week. CNA reported that Menendez will arrive in

11th April 2019
Cyprus

CYPRUS: Football Association suspends second division fixtures over match-fixing

The Cyprus Football Association has suspended the country’s second division fixtures over alleged match-fixing after receiving several notifications of suspicious betting activity from European football authority UEFA. In a statement on Wednesday,

10th April 2019
Cyprus

DIPLOMACY: Nicosia to host first trilateral summit of Cyprus, Greece and Lebanon leaders

Nicosia will host the first trilateral summit between the leaders of Cyprus, Greece and Lebanon later this year to review progress that has been achieved and map out further cooperation. Cypriot Foreign

10th April 2019
Cyprus
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