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EU Trade Surplus At €99.7 Billion For The First Seven Months Of 2020

In January to July 2020, euro area exports of goods to the rest of the world fell to €1 199.6 bn (a decrease of 12.4% compared with January-July 2019), and imports fell to €1 086.6 bn (a decrease of 13.1% compared with January-July 2019). As a result the euro area recorded a surplus of €113.0 bn, compared with +€119.3 bn in January-July 2019. Intra-euro area...

International Thursday, 17 September, 2020

Ryanair to increase flights to 60% of normal schedule in August

Ryanair will increase flights to over 60% of its normal schedule throughout August following what it said on Thursday was a successful resumption of services at 40% of capacity last month following COVID-19 lockdowns. Europe’s biggest budget airline flew 4.4 million passengers in July, a broadly expected 70% year-on-year fall. It slashed its target for the financial year...

International Friday, 07 August, 2020

Cyprus And Switzerland Signed Protocol Amending The Double Taxation Treaty

Cyprus and Switzerland signed on Monday a protocol amending the Treaty for the avoidance of double taxation, with the two sides stating that the amended treaty will boost their economic ties. The Protocol signed by the Minister of Finance Constantinos Petrides on behalf of Cyprus and Ambassador Pierre-Yves Fux on behalf of Switzerland, introduces, among others, the minimum sta...

International Tuesday, 21 July, 2020

EU Invests Over €2 Billion In 140 Key Transport Projects To Jump-Start The Economy

Following a press release, the EU purports to support the economic recovery in all Member States by injecting almost €2.2 billion into 140 key transport projects. These projects will help build missing transport links across the continent, support sustainable transport and create jobs. The projects will receive funding through the Connecting Europe Facility (CEF), the EU's...

International Friday, 17 July, 2020

Wizz Air Abu Dhabi Announces New Route To Larnaca

Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, announced today a highly anticipated route from Abu Dhabi to Larnaca starting on October 3, 2020. Wizz Air Abu Dhabi will provide a low-fare and high quality travel experience for its distinguished passengers. Tickets are already on sale on wizzair.com and the airline’s mobile app with fares star...

International Wednesday, 15 July, 2020

Quality of Europe’s bathing waters remains high, latest annual assessment finds

The quality of Europe’s bathing water remains high, according to this year’s European bathing water quality assessment published today. Just under 85 % of swimming sites across Europe monitored in 2019 met the European Union’s highest and most stringent ‘excellent’ quality standards. The results published by the European En...

International Monday, 15 June, 2020

Forbes: Why Cyprus Is Attractive For High New Worth Investor Immigrants

The Lay of the Land In the world of so-called global citizens, one of the key considerations is to have a second passport. The saying goes that you had no choice about where you were born, but you can certainly choose where you are going to live. This is particularly so when it comes to high net worth individuals. That category breaks down into: billionaires, centa-millionaire...

International Monday, 01 June, 2020

Greek carrier Aegean to gradually restart overseas flights by end of May

Greece‘s largest carrier Aegean Airlines said on Thursday it will gradually restart flights from Athens to some major European destinations by the end of May, ending a suspension prompted by the new coronavirus pandemic. Aegean, a member of the Star Alliance airline group, suspended its international flights on March 26 as a result of flight restrictions related to the c...

International Friday, 15 May, 2020

Explore The Quality Of Life In The EU27

Curious about the well-being of Europeans and how you can personally compare to the EU27 average and other EU Member States? If so, Eurostat has released an interactive visualisation that provides deep insights into different aspects of quality of life in each Member State. The mix of statistical indicators with objective information such as income, housing conditions and work...

International Thursday, 14 May, 2020

A New Global Methodology To Define Cities And Rural Areas

Have you ever asked yourself how Sustainable Development Goal indicators on sustainable cities and communities can be compared if countries across the world have a different understanding of what a “city” actually is? How can one analyse urban exposure to air pollution or rural poverty when there is no common understanding of what “urban” and “rura...

International Monday, 04 May, 2020

The European Commission Presents New Industrial Strategy For A Globally Competitive, Green And Digital Europe

The European Commission presented a new strategy to help Europe's industry lead the twin transitions towards climate neutrality and digital leadership. The strategy aims to drive Europe's competitiveness and its strategic autonomy at a time of moving geopolitical plates and increasing global competition. The package of initiatives outlines a new approach to European industrial...

International Wednesday, 11 March, 2020

BREXIT: A New Dawn for Europe

As the UK prepares to leave the European Union tonight, the leaders of the EU's three main institutions Ursula von der Leyen, President, European Commission, Charles Michel, President, European Council & David Maria Sassoli, President, European Parliament, issued the following joint statement, as published by the European Council, Council of the European Union: A...

International Monday, 03 February, 2020