Nicosia
Nicosia to expand list with 0% VAT
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers) in Cyprus, the island's ministries of Finance and of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate.
- Read more about Nicosia to expand list with 0% VAT
- Log in to post comments
Israel and Cyprus in gas pipeline talks
The recent announcements in Israel by Prime Minister Benjamin Netanyahu on a pipeline that will transport natural gas from Israel's exclusive economic zone (EEZ) to Cyprus for liquefaction (LNG) and export to European markets have, analysts say, all the makings of a new energy reality in the region.
- Read more about Israel and Cyprus in gas pipeline talks
- Log in to post comments
Chevron goes ahead with Cyprus drilling
Chevron has reportedly started drilling a key appraisal well offshore Cyprus, a development mired in geopolitical controversy over the ethnically split island as well as neighbor relations.
According to Upstream, Chevron has started drilling a key appraisal well on its 4.5-trillion-cubic foot Aphrodite gas discovery, aimed at boosting certainty over a planned $3.6 billion project.
- Read more about Chevron goes ahead with Cyprus drilling
- Log in to post comments
Opportunity for Cyprus to end concerns
"We will not let anyone smear Cyprus' reputation," said President Nikos Christodoulides on Tuesday, following a meeting at the Presidential Palace in Nicosia on the issue of sanctions imposed by the US and the UK on individuals and legal entities in Cyprus in connection with Russia's invasion of Ukraine.
- Read more about Opportunity for Cyprus to end concerns
- Log in to post comments
Nicosia eyes Cypriot gas for local use
Cyprus' Energy Minister George Papanastasiou stated on Thursday that, during his discussions with consortiums operating in the Cypriot exclusive economic zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant.
- Read more about Nicosia eyes Cypriot gas for local use
- Log in to post comments
Cup Final is news to Cyprus
Casting doubt on an announcement last week by the Greek soccer federation (EPO) that the Greek Cup Final will take place at the GSP Stadium in Nicosia on May 20, the spokesman for the Cyprus Police said it has not received any formal notification of such an arrangement.
- Read more about Cup Final is news to Cyprus
- Log in to post comments
Soccer cup final to be held in Cyprus
The Executive Committee of the Hellenic Football Federation (EPO) has announced that the final of the 2022-23 Greek Cup will take place on May 20 in Cyprus, one day before the national elections, accepting the proposal of its president, Panagiotis Baltakos.
- Read more about Soccer cup final to be held in Cyprus
- Log in to post comments
Cyprus raises 1 bln euros from its first sustainable bond
Cyprus launched its first sustainable bond on Tuesday as governments took advantage of high demand for such assets following weeks of wild swings in bond markets.
Nicosia raised 1 billion euros from its first sustainable bond, the country's debt office said, becoming the latest European government to enter the market.
Greece to support Cyprus’ re-election bid for IMO Council
Greece will support Cyprus's candidacy for re-election to the Council of the International Maritime Organization (IMO) for the 2024-2025 term, diplomatic sources said on Saturday.
Foreign Minister Nikos Dendias informed Cypriot Foreign Minister Constantinos Kombos about this decision of the Greek government during their bilateral meeting in Nicosia on Friday.
Cyprus, Greece, Israel: East Med energy source for Europe
The eastern Mediterranean can provide a key energy corridor to Europe through a planned electricity cable connecting the power grids of Cyprus, Greece and Israel and a potential natural gas pipeline, the three countries' top diplomats said Friday.