The European Public Prosecutor’s Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas import terminal project.
CYPRUS
With the scars still visible on his body 50 years after Turkey invaded Cyprus, Angelos Vougioukas, a member of the Panhellenic Association of Cyprus Fighters of 1974, looks back on the crucial first hours of the Turkish occupation of Cyprus, and the 99 days he spent as a prisoner of the Turkish forces.
The future of an electricity cable linking the power grids of Greece, Cyprus and Israel will be cleared up next month when a ruling is expected on whether Cypriot consumers would pick up the tab for the cable’s four-year construction costs, Cyprus’ energy minister said Thursday.
Total deposits in Cyprus last month recorded a net decrease of 44.1 million euros, compared with a net increase of €925.7 million in May, the Central Bank of Cyprus Monetary Financial Institutions (MFIs) Deposits and Loans Statistics for June said, as included in the July 2024 edition of Monetary and Financial Statistics.
As high temperatures drive up energy demand in Cyprus, the island remains heavily reliant on oil for electricity production.
Calling the forthcoming United States election as consequential may be an understatement.
Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August.
Nonperforming exposures (NPEs) in the Cyprus banking system remained practically unchanged in May, easing slightly to 1.77 billion euros from €1.80 billion the previous month, with the NPE ratio amounting to 7.4% of total loans.
The National Historical Museum (13 Stadiou) presents a commemorative exhibition marking the 50th anniversary of the Turkish invasion of Cyprus. The exhibition features rare posters and photographs from the time highlighting the tragic events. It will be inaugurated on July 25 by President Katerina Sakellaropoulou. Tickets cost 10 euros and are available at the door. […]
Turkish President Recep Tayyip Erdogan reiterated on Wednesday that the only solution to the decades-long dispute over Cyprus is to establish two separate states on the island.
Kition Ocean Holdings has launched a scathing critique of the Cypriot government’s handling of the transition of operations at Larnaca Port and Marina.
Cyprus on Monday put on display artifacts – some of them thousands of years old – that were returned after a Turkish art dealer looted them from the ethnically divided island nation decades ago.
House price growth in Cyprus showed a slight slowdown in Q1 of 2024.
Endy Zemenides, the executive director of the Hellenic American Leadership Council, joins Thanos Davelis to look at what the failure of the US to use the word “occupation” to describe the 50 year presence of tens of thousands of Turkish troops in the northern part of Cyprus has meant for efforts to resolve the Cyprus problem, and whether the State Department is ready to right this 50 year wrong.
The deadline for applications in Cyprus for the second phase of the “Electrification at 1000” grant program has been extended by two months.
“Those who are trying to find differences among government officials are on a fool’s errand,” government spokesman Pavlos Marinakis has posted.
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