Author: sinka

On Wednesday, 18th September 2019, Cyprus signed agreements with oil and gas giants, France’s Total and Italy’s Eni, regarding five blocks in Cyprus’ Exclusive Economic Zone (EEZ) (https://cyprus-mail.com/2019/09/18/cyprus-signs-contracts-with-eni-and-total-on-five-eez-blocks/). This follows Cyprus Cabinet’s announcement, in July 2019, that the Total-Eni consortium had been granted a licence for exploratory...

Berlin- based food delivery giant, Delivery Hero, acquired the Cyprus-based startup, Foody, in early September 2019 (https://tech.eu/brief/online-food-ordering-giant-delivery-hero-swallows-cyprus-startup-foody/). By joining Delivery Hero, Foody becomes part of a global family of brands with presence in 39 countries around the world, including e-food (https://www.e-food.gr), clickdelivery (https://www.clickdelivery.gr) and deliveras (https://www.deliveras.gr)...

The Greek Ministry of Digital Governance has stated, on the 3rd September 2019, that its Digital Strategy Plan will be ready by end of 2019 (https://www.stockwatch.com.cy/el/article/elliniki-oikonomia/olo-shedio-psifiakis-stratigikis-tis-kyvernisis). Greece sets an ambitious goal of reaching EU average in the Digital Economy & Society Index (DESI) over the next four years....

On Monday, 22nd July 2019, Greece’s newly-elected conservative government won a confidence vote on its economic policy, which predominantly includes introducing measures to accelerate investments and to proceed with tax cuts (https://www.euronews.com/2019/07/22/greece-s-newly-elected-government-wins-confidence-vote-on-economic-policy) (https://www.reuters.com/article/us-greece-government-vote/greeces-newly-elected-government-wins-confidence-vote-on-economic-policy-idUSKCN1UH2AX). The new Prime Minister, Kyriakos Mitsotakis, with his New Democracy party, won a landslide...

Cyprus’ Deputy Minister of Tourism, Mr. Savvas Perdios, unveiled, on 5th June 2019, a 10-year plan, with an aim to boost the island’s tourism product, in the short, medium and long-term (https://cyprus-mail.com/2019/06/05/minister-presents-tourism-action-plan/). He stated that “the first phase, which is short-term, covers the period from now until...

Following the New Democracy Party’s landslide victory, on Sunday, 7th July 2019, Greece’s new Prime Minister, Kyriakos Mitsotakis, appointed his cabinet, the following day, who are tasked to rebuild Greece (http://www.ekathimerini.com/242156/article/ekathimerini/news/restarting-greeces-economy-nds-first-priority-mitsotakis-tells-afp). The new cabinet had its first meeting under the new Prime Minister, on Wednesday, 10th July, whereby...

It was announced in March 2019, that the Japanese tech giant, SoftBank is set to enter the non-performing loans (NPLs) market in the Republic of Cyprus, that of Altamira Asset Management Cyprus Limited, through the Italian Group, doBank (https://in-cyprus.com/government-to-get-new-partner-in-altamira/). Softbank (https://group.softbank/en/), recently acquired doBank (https://www.dobank.com/en), which...

On Tuesday, 18th June 2019, the government announced that, after a Cabinet meeting, the Council of Ministers approved the Cyprus’ roadmap for blockchain technologies (https://www.financialmirror.com/news-details.php?nid=37130). The structure of the national strategy will be separated into three levels, the first being policy governance, and the second being technology...