REMEMBRANCE DAY SUNDAY LUNCH with The Dots
Phoenix Social Club
8 November - doors open noon, food from 1pm
Members €14. Non-members €16 - booking essential - Jo 99 175117
Sunday, October 25, 2026
CYPRUS TO BENEFIT FROM EU FUNDING FOR BIRD PROTECTION AND BIODIVERSITY
EU allocates €390 million to climate projects, including two in Cyprus
The European Commission is investing more than €390 million in 135 new climate and environmental projects, including two initiatives in Cyprus aimed at protecting wildlife and strengthening biodiversity conservation.
The projects, selected under the European Union’s LIFE programme, will receive more than €390 million in EU funding and mobilise total investment of around €579 million.
“The impacts of climate change, biodiversity loss and unsustainable use of resources are increasingly challenging the prosperity and wellbeing of European citizens,” European Commissioner for Environment, Water Resilience and a Competitive Circular Economy Jessika Roswall said.
STATE SAVES €20 million A YEAR ON NEW HIRES' STARTING PAY
The measure does not apply to senior positions within existing staffing structures, as these are usually filled by employees already working in the public sector.
The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months.
Among Cyprus’ efforts to contain the government payroll is a practice agreed with the troika—a measure that reasonably prompts questions about whether it should be modernized or redirected to meet today’s needs, some 15 years later. This comes against a broader push to reduce the government wage bill, to which the International Monetary Fund also recently contributed through a report.
CYPRUS' DEFENCE TECH INDUSTRY GROWS, BUT CAN IT TURN INNOVATION INTO BUSINESS?
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| Unmanned systems, security and defense applications, and electronic equipment for defense systems and satellites are among the products and technologies offered by Cypriot defense technology companies |
Local companies are developing drones, cybersecurity tools and military equipment. The challenge is turning that expertise into more exports, skilled jobs and lasting international contracts.
The number of defense technology companies in Cyprus is growing, creating a diverse ecosystem capable of developing new solutions as well as bringing existing technologies to market.
Cyprus’ defense technology sector connects research and development with production, commercialization and participation in international programs. Cybersecurity and information protection, unmanned aircraft, digital signal processing for communications and locating radio-frequency sources, and electronic systems for security and defense are just some of the technologies being developed.
FROM PLANTS AND WASTE TO EVERYDAY PRODUCTS - BOOSTING EUROPE'S BIOECONOMY
EU-funded researchers are developing alternatives to fossil-based materials, from packaging to fertilisers. Their work could cut Europe’s reliance on oil and gas and inspire international cooperation.
By Anthony King
A biorefinery in Spain is turning household organic waste and sewage sludge into coatings, fertilisers and biodegradable bags. In the Netherlands, a company is producing a plant-based chemical building block for new bottles, films and fibres. Together, they show how Europe is exploring ways to rely less on fossil raw materials, an approach that could also offer lessons to partners outside Europe.
BRITAIN, EU - SLEEPWALKING TOWARDS WAR WITH RUSSIA
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| The Russian ambassador's residence in London has been without an ambassador since July |
We are all doomsday preppers now!
Britain and Europe are sleepwalking into a war with Russia over Ukraine in a state of rigid groupthink from which not even the withdrawal of the US protective umbrella has been able to shift.
Sad to say, but only the election of far-right governments in France and Germany can stop the proxy war with Russia in Ukraine. This is likely in France where Marine Le Pen is poised to win the presidency in May 2027, and she has historically been more sympathetic to Russia’s policy in Ukraine.
The normally phlegmatic British are more gung-ho in their support of Ukraine whatever it takes, and it is not just the government; retired army generals are more belligerent than they normally are about the futility of war.
ENI SET TO SIGN CONTRACTS WORTH UPTO $1.8bn FOR CYPRUS CRONOS GAS PROJECT
ENI SET TO SIGN CONTRACTS WORTH UPTO $1.8bn FOR CYPRUS CRONOS GAS PROJECT - in-cyprus 25/10
Italian energy company Eni is expected to sign contracts worth up to $1.8 billion in the coming days for drilling and subsea infrastructure to develop the Cronos gas discovery in Cyprus’s Exclusive Economic Zone, according to the Wall Street Journal.
The contracts with contractors will cover the construction of subsea infrastructure needed to extract, process and transport the gas to Egypt through infrastructure at the Zohr field, the WSJ reported.
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