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
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EU funds
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,
Merkel presses allies to cut funds for Turkey’s EU bid (Update)
European leaders agreed on Thursday to explore cuts in EU funds to Turkey that are linked to Ankara’s stalled bid to join the bloc after
EU fund suspects referred to criminal court
Seven suspects held in connection with the alleged misappropriation of EU-funds at the technical university (Tepak) and the Oceanography Centre of the University of Cyprus
Morphou concerns over EU funds for Turkish Cypriots
The mayor of Morphou said on Wednesday that EU funds to the Turkish Cypriot community must be carefully granted so as to avoid irreversible changes
More funds for fruit and veg in schools
THE EU has increased its funds for providing children with fruit and vegetable in schools from €380,000 to €790,000, agriculture minister Nicos Kouyialis said on
Red tape means EU funds are not being spent
Lawmakers on Tuesday expressed concern that due to red tape Cyprus is failing to tap into EU funds earmarked for job creation and helping small
Making best use of EU funds at home and abroad
By Federica Mogherini, Kristalina Georgieva and Jyrki Katainen CHALLENGING times call for us to rise to meet them with new thinking. With innovation. With
Fraud suspects remanded for six days
A man employed at the merchant shipping department, and three women were remanded in custody by the Limassol court for six days on Friday in
Five arrested in connection with misappropriation of EU funds
Limassol police arrested five people on Thursday in connection with the misappropriation of €72,000 in EU funds at the Department of Merchant Shipping. Police detained
Turkish Cypriot side urged to speed up work for Dherynia crossing
The bi-communal group Famagusta Initiative has called on the Turkish Cypriot side to speed up work for the opening of the Dherynia crossing and not
Cyprus becomes net recipient of EU funds
Cyprus will receive a total of €1.3 billion in EU funds for the programme period of 2014-2020, rendering the island a net recipient for the
Farmers to get €85m in 2016
SOME €85m will be disbursed to 35,000 farmers in 2016, commissioner for the Cyprus Agriculture Payments Organisation (CAPO) Timis Efthymiou said on Wednesday. Speaking to
Contract signed to finish Eleftheria Square
The Nicosia municipality signed a contract on Tuesday which gives the go-ahead to contractors to finish work on Eleftheria Square. The Mayor of Nicosia, Constantinos
‘More attention needed to how EU funds spent’
By George Psyllides There is no negative reference about Cyprus in the European Court of Auditors (ECA) report on the European Union budget, MPs heard
Eleftheria Square will take 18 months once work starts
The new Eleftheria Square could be ready in 18 months from the moment construction work started, Nicosia Mayor Constantinos Yiorkadjis said on Tuesday. The plan