The European Commission is examining the impact of possible Cypriot gas reserves in the offshore area between Cyprus and Israel, in order to diversify the energy mix used by the EU and break off the island`s energy isolation, Commission spokesman Jakub Adamowicz has told the Cyprus News Agency. Speaking at the daily press briefing in...Read More

Three contracts on the privatisation of Limassol port services were signed on Monday 25 April at the Presidential Palace, by which the container terminal is now under the management of the Eurogate/Interorient/East Med Holdings joint venture, while DP World/GP Vasilopoulos will manage marine services and the multi-purpose terminal. The government will take in €10 million...Read More