The permanent Management Committee of the European Union has decided on the allocation of EU Funds to Member States under the EU program aiming at distributing fruits and vegetables to schools in the EU Member States. The decision, which will be adopted by the European Commission in the coming days, provides for the allocation of

Revenues from Cyprus shipmanagement industry reached €417 billion in the second half of 2013, recording an increase of 3.72% compared with €402 million in the first half of the same year. According to the Shipmanagement Survey compiled by the Cyprus Central Bank, shipmanagement contribution to Cyprus GDP reached 5,1% which is the highest figure since

Hermes Airports launch the #CyprusAeropolis project, an initiative that creates a dynamic and integrated presence on major social media networks. #CyprusAeropolis as of now is the “Digital Community” of Cyprus’ airports in which Hermes shares with the public all its news, extensive audio-visual coverage of events taking place at the airport, promotional campaigns by our

Cyprus Government in the context of the new programming period 2014-2020 will allocate "significant resources" from the Structural Funds to support entrepreneurship and innovation, Minister of Energy, Commerce, Industry and Tourism, Yiorgos Lakkotrypis said on Thursday. Specifically, the Ministry of Energy, Commerce, Industry and Tourism will be allocating around €30 mn through four new schemes

Investors from Turkey have contacted the Cyprus Stock Exchange asking how they could buy shares or companies listed on the Cypriot bourse, senior stock market officials said Thursday. The requests were “a few” and exploratory, a senior officer said on the sidelines of a press briefing. However, CSE Director Nondas Metaxas clarified that as Cyprus

The Republic of Cyprus congratulates the newly elected President of the Arab Republic of Egypt, Abdel Fattah El-Sissi and expresses its willingness to fully cooperate with his government in a constructive partnership embracing all issues of bilateral relations as well as on the regional and international level. An announcement by the Foreign Ministry of the

Parents all over are looking for ways to enable their children to do their chores but little do they know that Funifi is already doing that, in a digital form, from the small island of Cyprus. Funifi is an online platform used to motivate children to get their chores done while teaching them responsibility and

Niki, the Austria-based airline part of the Airberlin group, will start twice weekly flights from Vianna to Paphos as of March 2015, adding an annual capacity of 12,000 seats to Cyprus. The new route, which follows from the twice-weekly flights operated from Vienna to Larnaca airport from March this year, will open up the Paphos

About one in ten households in the government-controlled areas of the Republic of Cyprus has had an income reduction of up to 50%, while 5% say they are barely scraping by, according to a study carried out by the Cyprus Consumers` Union and Quality of Life. The Union notes that 8% of households had a