Nicosia

The Republic of Cyprus is entitled to request from the implementing entity - Greece's Independent Power Transmission Operator (ADMIE) - an updated report on the cost-benefit analysis regarding the electricity interconnection between Cyprus and Greece as well as the updated business model, Cypriot Minister of Energy, Commerce and Industry George Papanastasiou has said.

The Cyprus-Greece maritime passenger connection will run for a third consecutive year, subsidized by Nicosia following the European Commission approval.

An announcement from Cyprus' Deputy Ministry for Shipping is expected on April 16, regarding the resumption of the service, scheduled to commence on May 29. Ticket sales will begin shortly after the announcement.

Within a short period after Nicosia's announcement of closer cooperation with the US on money laundering issues, the Cypriot Council of Ministers approved the signing of a memorandum of cooperation between the Cyprus Police and the FBI. 

The memorandum pertains to providing assistance in investigating cases of possible sanctions violations, money laundering, and corruption.

Following the elimination of the 8.3-cent subsidy per liter on April 1, increases in the average price of 95-octane gasoline have been observed in the districts of Limassol, Nicosia and Famagusta, with the exception of Paphos, where the price only rose by 8 cents.

NICOSIA - Serbian Armed Forces (SAF) Chief of General Staff Gen Milan Mojsilovic began a three-day visit to Cyprus on Tuesday with discussions about bilateral military cooperation and opportunities for its advancement as well as contemporary regional and global security challenges.

Nicosia has unveiled a set of targeted and broad-ranging measures aimed at alleviating the financial strain on citizens, in response to concerns over price hikes.

Berlin is seeking to send a "positive signal" to Turkey about its ties with the European Union, with the inclusion of a paragraph to this effect in the conclusions of the ongoing summit in Brussels, Euractiv reported on Thursday.

Cyprus is playing a pivotal role in Western efforts to deal with the crisis in the Middle East; its added value stemming not from its military power, but rather its geographic location, its membership in the European Union, and its excellent relations with all the regional actors.

Another mixed session at the Greek bourse on Tuesday had the majority of stocks and the main index lose some ground, though banks heahed the other way, as investors continue to have very selective approach to their stock moves these days.

On a cold winter evening in a car park in the Cypriot capital Nicosia, queues are already forming before former airline pilot Pantelis Panteli arrives in a small van to sell his produce.

After being made redundant following the closure of Cyprus Airways in 2013, Panteli decided to try his hand at cheese-making. He hasn't looked back.