Cyprus

A Turkish delegation is slated to attend talks on Confidence Building Measures (CBM) in Athens on April 22, followed by a meeting in Istanbul on April 26, according to diplomatic sources. Prime Minister Kyriakos Mitsotakis' visit to Turkey has yet to be scheduled but is anticipated in mid-May.

Real estate transactions hit an all-time high in Cyprus last year, Deloitte has said in a report, noting that interest was focused on the residential market and on the seaside city of Limassol. It also said that it expects interest to remain strong this year, though luxury condos in high-rise developments may see a decline.

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.

The management of the Greek Independent Power Transmission Operator (ADMIE) will visit Cyprus on Tuesday for contacts with Cypriot and Israeli authorities over the electricity interconnection between Cyprus, Greece and Israel, called the "Great Sea Interconnector." 

Career banker Christodoulos Patsalides was appointed governor of the Central Bank of Cyprus on Monday for a five-year term, the island's presidency said.

Patsalides, who will represent Cyprus on the rate-setting Governing Council of the ECB, takes up his duties on April 11, replacing Constantinos Herodotou.

This year's edition of the multinational air force exercise Iniochos will kick off on Monday.

The drill, which will run until April 18, is organized every year at Andravida Air Base in Western Greece by the Hellenic Air Force, and will be conducted in the greater area of ​​the Athens Flight Information Region.

Leading Cyprus group Thanos Hotels & Resorts announced on Wednesday it is entering the Greek luxury hospitality market with a three-year investment plan aimed at opening 10 new hotels.

In 2023 the group introduced a new hotel concept, the Amyth Hotels, on Mykonos island.

A British Royal Navy ship will supply aid to Gaza as part of an international effort to help set up a new humanitarian maritime corridor in early May, the foreign office and ministry of defense said on Saturday.

Cyprus' Industrial Turnover Index reached 121.1 points in January (base 2021=100), recording an increase of 2.6% compared to January 2023, according to data published by the Statistical Service of Cyprus on Friday.

Over 100 ancient Greek theaters have been unearthed in Greece, Cyprus, Italy, and Turkey to date