Drop in most interest rates in Cyprus
A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022.
Demetriades promotes Greece-Cyprus bilateral tourism
Cyprus Deputy Shipping Minister Vassilis Demetriades described the start of Greece’s shipping connection with Cyprus next month, for the first time in 22 years, as an ideal opportunity to promote maritime tourism for both countries, in a press conference on Friday to the Greek media at the Embassy of Cyprus in Athens.
Greece’s changing fortunes and the energy revolution
Within the next few months, the energy map of Europe will be completely redrawn, and will change the way Europeans source and consume their energy for decades to come.
The $10 million Bob Dylan Center opens up his songwriting secrets
Visitors to the new Bob Dylan Center here will soon get, at the tap of a finger, what generations of the most avid Dylanologists have only dreamed of: a step-by-step, word-by-word map of how Dylan wrote a song.
Cypriot NPL scheme on mortgages
Cypriot authorities plan to submit an official request to the European Commission in June for the implementation of a mortgage-to-rent scheme, aiming to address nonperforming loans collateralized with primary residences and the premises of small and medium-sized enterprises with an estimated contractual value of 3 billion euros.
Gov’t signs first contract under Greece 2.0
Greek authorities on Friday signed a contract for the Gov-ERP project, the first project included in the National Recovery and Resilience Plan (Greece 2.0), designed to promote the digital transformation of the country.
Oriani Hellas launches joint initiative with Herberg
Oriani Hellas and Herberg Systems in Germany announced on Thursday that they are starting a joint initiative to support the digital transition of the international maritime market.
PM: ‘We are with the West’ on Ukraine
Prime Minister Kyriakos Mitsotakis reiterated his unconditional alignment with Western states in support of Ukraine at the opening of the ruling New Democracy party’s 14th Congress Friday.
Bulgaria will seek EU exemption from excise duties on power and gas
Bulgaria, faced with high power costs and a halt to its supply of Russian natural gas, will ask the European Commission next week to allow it to scrap excise duties on electricity and natural gas to safeguard its economy, the government said on Friday.
Hidden opportunity
The energy crisis comes with a hidden opportunity: Efforts to contain soaring gas, oil and electricity rates could, at the same time, spawn a drive to remove at least some of the structural distortions which cause problems in the market.