News

The casino group, Melco Resorts & Entertainment Limited, who are behind the upcoming integrated casino resort “City of Dreams Mediterranean”, in Limassol, Cyprus, announced on the 6thFebruary 2020, that the coronavirus does not affect the grand project’s implementation process, and remains committed to Cyprus (https://in-cyprus.com/coronavirus-outbreak-wont-affect-cyprus-casino-implementation-process/). Melco...

Greece, Israel and Cyprus have signed an agreement, on the 2nd January 2020, to build a subsea pipeline that could supply Europe with approximately 10 per cent of its natural gas needs (http://www.ekathimerini.com/248073/article/ekathimerini/news/greece-israel-cyprus-sign-deal-for-eastmed-gas-pipeline). The agreement was concluded by Greece`s Environment and Energy Minister, Mr. Costis Hadzidakis, Cyprus’...

On Friday, 13th December 2019, Cyprus signed a deal with a Chinese-led consortium, in order to build the island’s first natural gas import terminal, and enable the country to generate cheaper and cleaner energy (https://www.nytimes.com/aponline/2019/12/13/business/ap-cyprus-gas-import.html). As stated by the Energy Minister, Mr. Georgios Lakkotrypis, the floating terminal,...

On Wednesday, 11th December 2019, at the COP25 summit in Madrid, the European Commission put forward its groundbreaking climate strategy, and policy initiatives, to place Europe on track to reach net-zero global warming emissions by 2050 (https://ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal_en). Promoting it as Europe’s new growth strategy, the President...

Lebanon is currently undergoing a political and economic crisis, as the country enters its seventh week of anti-government demonstrations, and it is urged to restructure its debt as the crisis deepens (https://www.ft.com/content/e0c02d14-104e-11ea-a225-db2f231cfeae). The protests began in response to a set of regressive tax proposals put forward...