Coronavirus: Challenges in productively absorbing EU funds
Cyprus will not be able to take full advantage of ample EU covid aid unless it is willing to undertake major reforms In recent...
EU funds
European fraud office investigating winery
The European anti-fraud office (Olaf) is investigating the circumstances under which the government granted €1.7m in EU funds for the creation of a winery to...
Minister urges House to press ahead with justice reform
Justice Minister Emily Yiolitis urged parliament anew on Wednesday to approve vital justice reform bills before the May elections or risk losing the momentum. The...
Olaf probe possible agrotourism scam after report from audit office
The auditor general has referred a case of possible abuse of an EU-sponsored programme to the EU anti-fraud office Olaf following a complaint that a...
Cyprus increases absorption of EU funds
Over the past two years Cyprus has been a net beneficiary of EU funds, while increasing its rate of absorption of the same, MPs heard...
Important for Cyprus to utilise EU funds says minister
Finance Minister Constantinos Petrides on Tuesday said it was important for Cyprus to be able to utilise the around €3bn for projects and reforms available...
Coronavirus: EU’s €250 million validates govt’s crisis response says minister
Labour Minister Zeta Emilianidou welcomed Wednesday the disbursal of €250 million through the European Commission’s SURE programme, which she said proved that the government’s handling...
Coronavirus: €479m in EU loans on the way to mitigate virus impact
Cyprus is earmarked to receive €479 million in loans from the EU as part of an €81.4 billion aid package to 15 member states that...
Disabled welcome wheelchair friendly Nicosia city revamp
Nicosia mayor Constantinos Yiorkadjis on Wednesday took a tour of the revamped ‘Nicosia triangle’ in the commercial area of the capital, along with members of...
Cyprus link to attempt to defraud EU out of more than €400,000
The European anti-fraud office (Olaf) has said a European consortium siphoned off EU funds earmarked for an environmental programme which ended up being pumped into...
Cyprus strongly objects to cut in EU funds for migration
Cyprus has strongly objected to a reduction of €30m in EU funds relating to migration for the period between 2021 and 2027, according to Finance...
Taxpayer may have to return EU’s halloumi promotion funds
The audit office has called on the trade and commerce minister and the Commissioner for Agricultural Payments to order an administrative probe for possible disciplinary...
Papadakis aide says she is ‘collateral victim’ of Edek battle
An aide to ousted Edek cadre and current MEP Demetris Papadakis, said Monday she would be filing a complaint to police over violation of her...
Reviving the ferry link to Greece could soon be a reality
The demand is there, says deputy shipping minister By Jonathan Shkurko The government’s proposal to re-establish a long-defunct car and passenger ferry service to Greece...
Revenues from port privatisation slightly below forecast
The government received €67 million in revenue in 2017 following the privatisation of operations at Limassol port – just shy of what it had been...
Extra EU cash for Limassol-Paphos road
Over €25 million in additional cash from the EU cohesion fund will be given to Cyprus towards finishing the works on a key motorway linking Limassol...
Paphos benefits from authorities’ good management
President Nicos Anastasiades said on Sunday that the completion of redevelopment projects in Paphos was an example of good management, both of public funds and...
Main suspect in Tepak cheating case admits she was involved
The prime suspect in an alleged misappropriation of EU-funds at the technical university (Tepak) and the Oceanography Centre of the University of Cyprus (UCy) has...
Confusion over EU funding if Aglandjia plans change
CONFUSION on whether EU funds will be lost if plans are changed regarding the Aglandjia roadworks ensued during the House Environment Committee on Wednesday, as...
Cyprus’ take-up of EU funds ‘relatively low’
Cyprus’ rate of absorption of European Union funds for the 2014-2020 financial period is relatively low, though still on a par with other EU countries,...