#CYPRUS
Greece and Cyprus to Revitalize Power Interconnection Project to Attract Major Investors
Greece and Cyprus have agreed to move swiftly with an update of the financial and technical parameters of their long-delayed electricity interconnection project, a move aimed at attracting new and powerful investors.
High Court Ruling Closes Decade-Long Case on Laiki’s Greek Bond Exposure
Cyprus’s Supreme Constitutional Court has rejected an appeal by four former senior executives of Cyprus Popular Bank, bringing a long-running legal battle tied to the country’s financial crisis to a definitive close.
Greece, Cyprus, Israel and U.S. Unite Behind Regional Energy Links Amid Rising Tensions
The statement was released following the 3+1 Energy Ministerial, bringing together officials from the United States, the Republic of Cyprus, Greece, and Israel.
Greek MEP Sounds Alarm Over Great Sea Interconnector Delays
Delays in the €1.9 billion Great Sea Interconnector, intended to diversify Europe’s energy sources and strengthen supply security, are raising concerns in Brussels as Turkey threatens the project and disputes flare between Greece and Cyprus.
Which Greek Civil Servants Are Eligible for Secondment to Support Cyprus’ 2026 EU Council Presidency
In a show of regional solidarity, Greece will second experienced civil servants to assist Cyprus during its 2026 Presidency of the Council of the European Union, enhancing administrative capacity and diplomatic readiness through a structured, cost-neutral collaboration.
Cyprus Targets Roman Abramovich in €25 Million Tax Evasion Probe Over Superyacht Scheme
The case revolves around Blue Ocean Yacht Management Ltd, a company tied to Abramovich and registered in Limassol.
Cyprus Supreme Court Confirms Fine in Case Tied to Greek Bond Crisis
Cyprus’s Supreme Constitutional Court has upheld a €50,000 fine against the provident fund of the former Cyprus Popular Bank, bringing long-awaited closure to a case rooted in the fallout of the Eurozone debt crisis.
Cyprus Publishes Detailed AML Report for 2024 - Greece Hasn’t Released One in Six Years
Greece’s Anti-Money Laundering Authority has failed to publish a single annual report for the past six years - despite a legal obligation to do so - raising serious concerns about transparency and the country’s commitment to combating financial crime, especially as neighboring Cyprus sets a markedly different example.
Old Format, New Goals: Greece, Cyprus, Israel Press U.S. for Renewed Engagement
Originally launched in 2019 in Jerusalem, the “3+1” format brought together Greece, Cyprus, Israel, and the United States to coordinate on energy and security matters.
Mitsotakis Visits Israel as Greece Revives Strategic Energy Link
Athens is preparing to restart exploratory operations for the Greece–Cyprus–Israel electricity interconnection project, known as the Great Sea Interconnector, within days.
UN Proposes Confidence-Building Steps to Restart Cyprus Talks
The recent United Nations-led talks on Cyprus, held in Geneva, were viewed as an effort to keep negotiations alive rather than a breakthrough moment.
UN-Led Cyprus Talks Resume in Geneva with Key International Stakeholders
A high-level working dinner on the Cyprus conflict, hosted by United Nations Secretary-General António Guterres, took place Monday night in Geneva, lasting nearly 90 minutes.
Athens Weighs Alliances to Break Deadlock in Greece-Cyprus Energy Project
Greece is weighing its alliances, the broader international landscape, and possible ways to bypass the deadlock that has stalled the Greece-Cyprus electricity interconnection project.
Alpha Bank Bets on Cyprus Growth with AstroBank Takeover
For the second time in just 18 months, Alpha Bank’s CEO, Vassilis Psaltis, has pulled off a major deal under the radar, securing a highly profitable acquisition.
Athens Pushes Energy Link with Cyprus as U.S. Stays on the Sidelines
The countdown has begun for Greece’s ambitious electricity interconnection with Cyprus, a project set to extend beyond national waters into areas claimed by Turkey under the disputed Turkey-Libya memorandum.