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European Commission VP: Greek PM Move "Unnecessary and Unhelpful"

European Commission Vice President Valdis Dombrovskis said the move by Alexis Tsipras to give a Christmas bonus to pensioners and decrease the Island VAT...

Cyprus Gas Field Declared Commercially Viable by Joint Venture Researching the Area

The "Aphrodite" natural gas field discovered in Cyprus’ exclusive economic zone (EEZ) has been declared commercially viable by the three companies owning rights...

Tension in Greece, Turkey Determined to Claim Energy Reserves

Turkish President Recep Tayyip Erdogan stated he is determined to claim rights to energy reserves inside Cyprus' exclusive economic zone (EEZ). Tension between Turkey and...

Anastasiades-Putin Meeting Cancelled Today in Milan

In a conversation Thursday with Cypriot President Nikos Anastasiades in Milan, Vladimir Putin deemed unacceptable "any violation of the sovereign rights of the Republic...

Turkey May Dispute Cypriot Gas Reserves

Cyprus' hopes of using potential gas reserves as a bargaining chip to trigger an international bailout is hitting an obstacle in Ankara as Turkish...

Turkey Disputes Greek Territorial Waters

Just a couple of weeks after Prime Minister Antonis Samaras met his Turkish counterpart Recep Tayyip Erdogan in Ankara to try to settle differences...

Greece and China Celebrate 40 Years of Bilateral Relations

The Hellenic Republic and the People’s Republic of China celebrated the 40th anniversary of the establishment of Sino-Greek diplomatic ties on June 5. Several events...

Chinese Energy Company Interested in Cyprus' Offshore Natural Gas Field

A Chinese state-owned oil and gas company is among several firms showing interest in investing in Cyprus' offshore natural gas field, the island's interior...