The EU, a political conglomerate of 27 nations, has relaxed its strict state aid regulations three times since March.
Constantinos Petrides, minister of finance for Cyprus, discusses the recovery of the country's tourism sector and the European economy.
The Cypriot government has said it will cover the vacation costs of any tourists who contract the coronavirus while holidaying in the country.
The European Union's agency for disease control has said that the U.K. is among five countries in the region that are still not seeing a decline in new coronavirus cases.
Britain will be hit harder by the coronavirus crisis than any other European country, researchers have predicted, with the U.K. expected to see more than 60,000 deaths from COVID-19.
*Turkey and Cyprus have overlapping claims in Mediterranean. DILOVASI, Turkey/ BRUSSELS, June 20- Turkey launched a second drilling ship on Thursday which will conduct natural gas operations off the northeast coast of Cyprus for three months, a move which risks aggravating a conflict with Cyprus over jurisdiction rights for oil and gas exploration.
*Turkey and Cyprus have overlapping claims in Mediterranean. DILOVASI, Turkey/ BRUSSELS, June 20- Turkey launched a second drilling ship on Thursday which will conduct natural gas operations off the northeast coast of Cyprus for three months, a move which risks aggravating a conflict with Cyprus over jurisdiction rights for oil and gas exploration.
*Germany, with its powerful car sector, had been hesitant. BRUSSELS/ BERLIN, June 17- Germany has joined a growing number of EU nations to back going carbon neutral by mid-century, EU documents show, building momentum for the bloc's leaders to agree the ambitious climate goal at a summit this week. Despite a push by eight nations for greater climate ambition- Belgium,...
Cypriot, Egyptian, Greek, Israeli, Italian, Jordanian and Palestinian Ministers of Energy established the East Med Gas Forum in January. The countries have been utilizing energy diplomacy to align interests and foster long-lasting relationships.
ExxonMobil announced Thursday that it has made world's third-biggest natural gas find offshore Cyprus. Based on preliminary data, the discovery could represent a natural gas resource of approximately 5 trillion to 8 trillion cubic feet.
Harris Georgiades, the Cypriot finance minister, speaks about the potential for the International Monetary Fund to have a lesser role in the euro zone.
Central banks tend to find transparency difficult when it comes to declaring the reasoning behind their monetary policy: Buiter.
Nicos Anastasiades, president of Cyprus, explains whether or not there is pressure on Europe not to give too much away to the U.K. in talks.
Nicos Anastasiades, president of Cyprus, says the letter from U.K. Prime Minister May triggering Article 50 had a constructive tone.
Singapore-based startup Hiverlab is taking virtual reality application beyond gaming and entertainment.
Cyprus police now say the EgyptAir plane hijacker is under custody, and the "Squawk Box" crew discusses.
NBC News' Rehema Ellis reports the latest details on the hijacking of an EgyptAir jet where authorities are now negotiating with the hijacker in an attempt to bring the situation to a peaceful end.
Irena Georgiadou, chairwoman of the Hellenic Bank, discusses reforms to the Cypriot economy and the impact of ECB policy.
John Hourican, CEO of the Bank of Cyprus, says there are enough real positives to believe the country's recovery is underway, despite ongoing issues.
Nicos Anastasiades, President of Cyprus, compares his country with Greece and shares advice for Greek prime minister Alexis Tsipras.
