Landforms

Controversial Cyprus passport scheme will not be replaced, says president

A controversial citizenship-for-investment program scrapped by Cyprus in late 2020 had shortcomings and will not be replaced, President Nicos Anastasiades said on Tuesday.

Cyprus earned more than 9 billion euros ($10.8 billion) from a scheme awarding passports to foreign investors between 2013 and 2019, but the program unravelled amid reports of abuse and EU misgivings.

Dendias to meet Raab in London

Greek Foreign Minister Nikos Dendias will travel to London on Tuesday for a meeting with British Foreign Secretary Dominic Raab.

The two ministers will discuss regional developments in the eastern Mediterranean, Cyprus and other issues affecting bilateral relations.

Nikos Kotzias in Kathimerini: Foreign policy and exploratory talks

Greece's exploratory talks with Turkey are not a dialogue for the sake of dialogue. They are a structured debate in which both sides invest for a series of achievements. Greece's target, as far as exploratory talks are concerned, has always been:

a) That the matter under consideration is the exclusive economic zone and the continental shelf.

No interest in Greek-Cyprus ferry link, ministry says

Despite an initial interest shown by several companies in reviving a ferry link connecting Cyprus and Greece,not a single offer was submitted in the tender launched by the Cypriot government on December 2020, the country's Shipping Deputy Ministry announced Friday.

The tender process closed on January 29.

Minister: Cyprus economy expected to rebound 4.5% in 2021

Cyprus' economy is expected to rebound by 4.5% of gross domestic product this year following a pandemic-induced contraction of around 5.5% in 2020, the country's finance minister said Thursday.

Finance Minister Constantinos Petrides told an investment conference that the growth estimate comes attached with a "great level of uncertainty" because of how the pandemic may evolve.

Only civilian woman living in Cyprus’ buffer zone dies at 104

Elsie Slonim, the only civilian woman living in a buffer zone in the largest city of divided Cyprus, has died at the age of 104, according to a statement by Turkish Cypriot police authorities.

Having lived a life of adventures for more than a century, Slonim died from a respiratory failure at her house next to the Turkish military unit on the Dereboyu border in Nicosia.

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