BY JACEK SARYUSZ-WOLSKI BRUSSELS – The eurozone decided to grant Greece a second bailout, but this does not mean that the country received a wallet full of money and that the risk of default is gone. Greece and its political elites need sober determination to implement socially difficult reforms also after the April elections. The [...]
Noble Energy believes that natural gas deposits in Cyprus’ exclusive economic zone could help develop good relations with its neighbours, pointing out that these deposits far exceed Cyprus’ needs and can be exported abroad. Speaking at the Cyprus-US Commerce Chamber’s Annual Award Dinner where Noble Energy, its Chairman and CEO Charles Davidson were awarded the [...]
Continue reading …The Eastern Mediterranean, following the discovery of natural gas deposits in the region could play a role in the changing energy corridors both for the European Union and China, Cypriot Commerce, Industry and Tourism Minister Neoclis Sylikiotis has said. In a speech during the discussion on security of energy supply, in the framework of the [...]
Continue reading …Cyprus Government has described as “illegal” the drilling for hydrocarbons in the Turkish occupied area of Famagusta, noting that this action demonstrates Ankara’s and Turkish Cypriot leadership’s lack of will for a solution to the Cyprus problem. Government Spokesman Stephanos Stephanou said that ” Turkey and the T/C leadership are acting illegally by conducting a [...]
Continue reading …President of the French National Defense School, Olivier Darrason, has stressed Cyprus’ strategic position in the Eastern Mediterranean, noting that this should be outlined during the Cypriot presidency of the EU Council in the second half of 2012. In a meeting with the members of the House Defense Committee, the French official expressed France’s and [...]
Continue reading …Cyprus and Germany carried out Tuesday and aeronautical search and rescue exercise in the sea area south of Cyprus. The exercise was coordinated by the Coordination Centre for Search and Rescue of the Republic of Cyprus. In a statements today, Defence Minister Demetris Eliades said the exercise was crowned with success following that with the French [...]
Continue reading …The Russian Foreign Ministry has warned Russian citizens about the dangers of buying land in the Turkish occupied areas of Cyprus. In a statement at the Interfax News Agency, Deputy Director of Press and Information Department Zacharova Maria, stated that the administration in the Turkish occupied areas of Cyprus, is an illegal state and property [...]
Continue reading …Minister of Defence Demetris Eliades has said that Cyprus will carry out more search and rescue exercises as it recently has with France. Referring to the aeronautical search and rescue exercise in the sea area south of Cyprus, carried out early March between the Cypriot and French forces, the Minister said the exercise was crowned [...]
Continue reading …The European Parliament adopted today a resolution on the progress report on Turkey, pointing out that further progress of its accession course is closely related with reforms and keeping the promises it has undertaken as a candidate state. MEPs regret Ankara’s statements that it will freeze relations with Cyprus’ EU Presidency if the Cyprus problem [...]
Continue reading …Richard Morningstar COUNTRIES in the eastern Mediterranean need to talk to each other and find logical solutions so everyone can enjoy the “pots of gold” in the form of hydrocarbon deposits littered across the region, said a top US energy envoy yesterday. “There are multiple pots of gold out there in the eastern Mediterranean. And [...]
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