CYPRUS


Free business accelerator in Nicosia
CYPRUS

The Municipality of Nicosia is offering a free, two-month business accelerator program designed for individuals, groups and existing businesses in the creative and cultural sectors in Cyprus.


Greece and a wary Cyprus to discuss electric cable project
FOREIGN AFFAIRS

The governments of Greece and Cyprus will meet on September 10 in a last-ditch attempt to salvage a multi-billion euro electric cable project, which if completed, would be the world’s longest linking Europe to the Middle East.

Cyprus sees inflation slow down
CYPRIOT ECONOMY

Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July.

Chevron’s plan for Aphrodite
CYPRUS

Chevron and its partners, Shell and NewMed Energy, have put forward a new $4 billion plan to develop the Aphrodite gas field off Cyprus.




Crucial week for power linkup
ENERGY

The Cypriot government is expected to approve Monday’s agreement of all parties involved in the planned power interconnection linking Greece with Cyprus at a cabinet meeting on Wednesday.

Turkey’s tough Cyprus stance aired in Brussels
FOREIGN AFFAIRS

Turkish Foreign Minister Hakan Fidan appears to have told his European counterparts about his country’s tough stance on the Cyprus problem during last week’s informal meeting of EU foreign ministers in Brussels.


Initial agreement reached for interconnector 
ENERGY

Τhe parties involved in the electricity interconnection project between Crete and Cyprus reached an agreement in principle to end the impasse that has arisen on how to cover its funding gap,  according to Cypriot media. 

Cypriot economy grows 3.6% in second quarter of 2024
ECONOMY

The Cypriot economy registered a robust growth rate of 3.6% in the second quarter of 2024 compared to the same period in 2023, according to figures released on Monday by the Cyprus Statistical Service (CyStat).