Cyprus

Endy Zemenides, the Executive Director of the Hellenic American Leadership Council, joins Thanos Davelis to recap the main takeaways from last week's Delphi Economic Forum in Greece, where HALC had an important presence, leading discussions on the role of the diaspora, the importance of Cyprus, the Middle East post October 7th, and the future direction of American foreign policy. 

Hundreds of Greek Americans and guests gathered along Manhattan's Fifth Avenue in New York to partake in the annual Greek Independence Day Parade, which commemorates the anniversary of the Greek War of Independence against Ottoman rule.

This year's procession also paid tribute to the 50th anniversary of Turkey's invasion and occupation of Cyprus.

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.

Israel's authorities requested the acceleration of procedures for the implementation of the Great Sea Interconnector project (Greece-Cyprus-Israel), in the section of the Cyprus-Israel power linkup.

The director general of the Energy Ministry, representing the government of Israel, stated that this is an important priority of the Israeli government to advance the project.

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.

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

Migration is top of the agenda this week in Cyprus, with President Nikos Christodoulides calling for the EU to step in to help Cyprus deal with a surge in arrivals on its shores. Cyprus is pressing Brussels to designate parts of Syria as safe for returns of migrants, and also to condition EU aid to Lebanon on its preventing migrants from departing.

Cypriot President Nikos Christodoulides will discuss with the head of the European Commission on Sunday an unprecedented surge in arrivals of mainly Syrian refugees this week on the island and he will then visit Lebanon on Monday, officials said.