On a wave of unprecedented Israeli-Arab normalization, which led to agreements with UAE and Bahrain, analysts are now focusing on the high-profile Israel-Lebanon negotiations. It is set up as a framework agreement for the delineation of maritime borders between the two countries, until now officially at war. Both countries, most probably pressured by Washington, France,
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By Vanora Bennett The European Bank for Reconstruction and Development (EBRD) is reinforcing its position as a leader in green finance with an ambitious plan to broaden and deepen its climate activities and become a majority green bank by 2025. The EBRD’s new Green Economy Transition (GET) approach for 2021-25 forms part of the Bank’s overall
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The Cyprus House Price Index (HPI) decreased 2.9% in the second quarter from a year ago, marking the biggest annual drop since Q1 2014, according to a Statistical Service preliminary estimate. The HPI for Q2 2020 was 109.48 units, down from 112.73 in the same period of 2019. Compared to the first quarter of 2020,
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A man with no underlying health conditions has died, the second death in as many days, with a further 21 new cases of Covid-19 reported on Wednesday, raising the total number of infections in Cyprus to 1,897. The health ministry said that the latest coronavirus victim was a 62 year old man who was being
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Cyprus’ COVID-19 situation is satisfactory but fragile with Health Minister Constantinos Ioannou worried that things could get out of hand if protocols are not followed. Ioannou told a press conference Wednesday, that while health authorities expect a rise in COVID-19 cases, especially as winter draws nearer, there is concern about the epidemiological analysis of infections.
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Cyprus President Nicos Anastasiades will raise the issue of Turkey re-opening fenced-off Varosha at the next European Council summit on October 14-15. Government spokesman Kyriakos Koushos said Wednesday that recourse has already been filed to the UN Security Council with the government making representations to EU institutions. Asked if Nicosia will pursue sanctions against Turkey
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Lebanon and Cyprus have reaffirmed their commitment to implement their 2002 agreement that allows irregular migrants arriving by boat on the island to be sent back. The pledge came after Cypriot Interior Minister Nikos Nouris met Lebanon’s visiting Major General Abbas Ibrahim. During Tuesday’s meeting, they discussed the latest migrant arrivals by sea from Lebanon
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Cyprus is to revoke Cypriot citizenship from seven foreign investors for violating the terms of its maligned passport-for-investment scheme, officials said Wednesday. Cypriot government spokesman Kyriacos Koushos said the decision was taken during a cabinet meeting on Wednesday. “Cabinet decided to begin the process of depriving citizenship to seven people,” Koushos told reporters. “These people
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Cyprus is set to see its hottest October day ever recorded on Wednesday with the Met Office issuing a yellow warning for extreme heat conditions. Despite winter looming, Cyprus is still sweltering under summer-like weather as maximum temperatures reach 40 degrees Celsius on Wednesday, flirting with the highest temperature ever recorded in October. In comments
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US Presidential candidate Joe Biden called on the Trump administration to address the tensions between Greece and Turkey to ensure no further provocative actions from Ankara. Biden expressed support to the efforts of NATO to defuse tensions in the eastern Mediterranean. He welcomed the agreement to establish a military deconfliction mechanism between Greece and Turkey
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