President Nikos Christoulides will hold talks on Thursday with German Chancellor Olaf Scholz in Berlin to discuss more active EU involvement in the Cyprus peace process and bilateral and international affairs. The Presidency said that Christodoulides will pay a working visit to Germany on May 24 and 25, during which he will hold talks with the German Chancellor.
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The government does not share the views of Eni CEO Claudio Descalzi, who argued that the EastMed pipeline needed Turkey’s approval, said Energy Minister George Papanastasiou. In a statement to CNA, the minister described the recent statement by Descalzi at the Foreign Affairs Committee of the Italian Parliament that without Turkey’s consent, the gas project
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Cyprus football history has been rewritten after Aris Limassol, the top flight’s perennial underdogs, were crowned champions for the first time in its 93-year existence. Following Aris’ 1-0 win over Omonia Nicosia on Saturday and the defeat of their main rivals in the championship race, APOEL Nicosia’s 3-2 defeat to Apollon Limassol 3-2, the Limassol
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Two of Europe’s biggest shipping fleets, Cyprus and Greece, have launched an initiative to appoint a European Commissioner for Maritime Affairs in 2024. In a statement, President Nikos Christodoulides criticised Brussels for not attributing the required focus to the geostrategic role and importance of shipping. He recently met the Prime Minister of Malta in Iceland
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President Nikos Christodoulides has personally congratulated Greek Prime Minister Kyriakos Mitsotakis for his party’s victory in Greece’s parliamentary elections. He called Mitsotakis on Sunday evening and congratulated him on his success and that of his New Democracy party in the general election. Mitsotakis said his conservative party unleashed a “political earthquake” with a thumping win at Sunday’s
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By Moody’s Analytics U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily starts increased by 3.2%, and single family starts increased by 1.6%. As expected, the March construction data were revised lower. An unseasonably warm
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Truth, justice and fairness are not concepts we should expect from governments; it is what they aspire to become when they grow up but never quite make the transition. Whatever our beliefs of what an equal society should look like and the political ideals we carry with us, the reflection in the mirror we see
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As Greece heads for a general election on Sunday, the government’s management of the economy, the alternative paths of economic success, and promises of wellbeing by opposition parties are under scrutiny. The government, headed by the New Democracy party, claims it has had four years of prudent management and relative economic success, despite the headwinds
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Not a week goes by without a new revelation about unethical appointments in the government machine, mostly to reward dedicated individuals who worked hard for President Christodoulides’ election. This is not a new phenomenon and has, unfortunately, been common practice throughout the years and by all administrations, regardless of the holier-than-thou finger-pointing by politicians. Favouritism
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Adjusting wages to meet inflation with automatic mechanisms such as the Cost-of-Living Allowance will not solve the real problem of income inequality with low-earners not seeing their earnings improve for a decade, argue economists. Social partners have recently agreed to renew the Cost-of-Living Allowance agreement to cover 66.7% of inflation, up from 50%, with economists
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