A new timetable has been set for the long-delayed LNG terminal at Vassiliko, with contractors estimating its completion in October instead of July. Construction of a jetty as part of the Liquefied Natural Gas (LNG) Receiving and Regasification Terminal at Vasiliko has recently begun. While preparation of the FSRU vessel moored to the jetty for
More
The Electricity Authority of Cyprus says gaps in legislation governing the free energy market enables major consumers to switch provider, leaving behind thousands in unpaid bills. In comments to the Financial Mirror, EAC spokesperson Christina Papadopoulou said the authority has seen major clients switch providers without settling their last bill. “We are concerned as we
More
Health authorities have lifted the entry requirement for a negative 48-hour PCR test from all passengers arriving from China. The government imposed the measure on 15 January, as Nicosia adopted EU recommendations following China’s COVID-19 outbreak. The Health Ministry said the Cabinet had decided on Wednesday to lift the measure following an assessment of the
More
Trade unions are furious over the outgoing government’s unilateral decision to increase the quota of foreign workers a company can employ from 30% to 50%. The Cabinet approved the decision during its last meeting on Wednesday before handing over the keys to President-elect Nikos Christodoulides’ administration. Labour Minister Kyriacos Koushos hopes the decision will end
More
Newly elected President Nikos Christodoulides Thursday held his first meeting with Turkish Cypriot leader Ersin Tatar to try and break the ice on frozen reunification talks. Christodoulides told reporters that Thursday’s meeting was a courtesy call and that he would meet Tatar again soon, but no date had been fixed. “I didn’t hear anything I
More
By Craig Erlam Equity markets headed to a positive start to the session, paring Wednesday’s gains as investors digest the latest Fed minutes. The usual caveat applies to the FOMC minutes, being that a lot of time has passed, and to a great extent, the contents of them are either outdated or known. Still, as
More
Bank of Cyprus has “the wind in its sails” and has upgraded its guidance for 2023 after exceeding targets last year, its chief executive officer said, a decade after the island’s biggest lender came close to collapse. The bank, which is listed on the London Stock Exchange, says it intends to commence “meaningful” dividend distributions
More
A homophobic attack on an event organised by ACCEPT-LGBTI Cyprus and the student union of the Technological university has caused an uproar among the academic community and politicians. The event, held at an amphitheatre at Limassol’s Technological University (TEPAK), was interrupted by a group of ten hooded people who barged into the room shouting homophobic
More
February 24, 2023, marks one year since Russia’s illegal war of aggression against Ukraine began. On this day, we, the undersigned Ambassadors of France and Germany in Nicosia, representing States fully adhering to the rules-based world order of international law, stand in full solidarity with Ukraine and the suffering Ukrainian people. We condemn in the
More
People looking to travel to the Turkish-occupied north of Cyprus have been warned about the risks by the UK Foreign Office. Despite most trips being trouble-free, the Foreign Office has reminded visitors that the authorities in the breakaway north do not share information on British nationals in distress. This prompted new information on the island’s political division and more
More
