Nikos Christodoulides

Nicosia and ENI discuss drilling plans

ENI's discoveries in Cyprus' exclusive economic zone (EEZ) and the scenarios for the utilization of the confirmed drillings as well as the preferred solutions to efficiently meet domestic energy priorities were discussed in a meeting of the president of the republic, Nikos Christodoulides, with ENI's Chief Executive Officer Claudio Descalzi on Tuesday in the presence of the ministers of energy

Von der Leyen to unveil aid for Lebanon to stop refugee flows, says Cyprus

The European Union will offer economic aid to Lebanon when the European Commission and Cypriot presidents jointly visit Beirut on Thursday, a Cypriot official has said.

Cyprus has grown increasingly concerned at a sharp increase in the number of Syrian refugees making their way to the island. Lebanon, a mere 185 km away from Cyprus, hosts hundreds of thousands of Syrian refugees.

Cyprus appoints banker Patsalides as Central Bank governor

Career banker Christodoulos Patsalides was appointed governor of the Central Bank of Cyprus on Monday for a five-year term, the island's presidency said.

Patsalides, who will represent Cyprus on the rate-setting Governing Council of the ECB, takes up his duties on April 11, replacing Constantinos Herodotou.

Cyprus calls for EU help amid migration crisis

Migration is top of the agenda this week in Cyprus, with President Nikos Christodoulides calling for the EU to step in to help Cyprus deal with a surge in arrivals on its shores. Cyprus is pressing Brussels to designate parts of Syria as safe for returns of migrants, and also to condition EU aid to Lebanon on its preventing migrants from departing.

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