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Cyprus
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Wednesday, August 26, 2026
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The Electricity Authority of Cyprus (EAC) has unveiled significant new energy initiatives, including a €118.5 million project in Vasiliko featuring battery energy storage systems, and plans for new storage facilities at Dhekelia and Moni power stations. These projects aim to enhance renewable energy integration and benefit consumers. The nation's economy continues to show resilience against inflationary pressures, with its tourism sector lauded for successful diversification after the decline in Russian arrivals.
However, new domestic concerns have emerged. An investigation is underway into a large-scale sick leave fraud scheme, with 10 individuals scrutinized for fraudulent practices within prisons. Separately, the Data Protection Commissioner has initiated on-site inspections following the discovery of surveillance cameras in restrooms. The search for 75-year-old Erato continues with intensifying anxiety, and a tragic drowning incident has left a 12-year-old fighting for life after her 35-year-old mother reportedly died.
In the political sphere, former president Anastasiades has voiced criticism regarding personal ambitions within the Democratic Rally (DISY) party and reiterated accusations of a 'Mafia State.' The Cyprus Football Association chairman has also contacted his Spanish counterpart to request that FC Barcelona be discouraged from organizing a children's football camp in the northern part of the island. Internationally, Cypriot media is reporting on a secret CIA chief mission to Moscow and Ukrainian President Zelenskiy's gratitude to Cyprus for its role in EU negotiations.
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Top Stories
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The Electricity Authority of Cyprus (EAC) has announced substantial investments in energy storage, including a €118.5 million project in Vasiliko to integrate battery systems, and plans for new facilities at Dhekelia and Moni power stations. These initiatives aim to reduce renewable energy curtailment and improve electricity grid stability.
Philenews:
Massive €118.5 Million EAC Project in Vasiliko with Energy Storage Batteries
The Electricity Authority of Cyprus (EAC) is undertaking a major €118.5 million project in Vasiliko, incorporating battery energy storage systems to reduce renewable energy curtailment and benefit consumers.
Cyprus Mail:
Electricity Authority to Install New Storage Capacity
The Electricity Authority of Cyprus is planning to build new electricity storage facilities at the Dhekelia and Moni power stations to mitigate issues.
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An investigation has been launched into a significant sick leave fraud scheme within the prisons, with 10 individuals currently under scrutiny for their alleged involvement in fraudulent practices.
Politis:
The big scam with sick leave - 10 people investigated for fraud in prisons
An investigation is underway concerning a large-scale scam involving sick leave, with 10 individuals being scrutinized for fraudulent practices within the prisons.
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A 12-year-old girl is in critical condition and fighting for her life following a drowning incident that reportedly claimed the life of her 35-year-old mother. Witnesses observed the mother and her two daughters near breakwaters.
Philenews:
35-Year-Old Drowning: 12-Year-Old Fights for Life; Witnesses Place Mother and…
A 12-year-old girl is fighting for her life after a drowning incident where her 35-year-old mother reportedly died. Witnesses suggest the mother and her two daughters were near the breakwaters.
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The Cypriot economy continues to demonstrate resilience against external shocks and inflationary pressures, maintaining satisfactory growth. The country's tourism sector has also been praised for its successful diversification strategy.
Cyprus Mail:
Cyprus Economy Remains Resilient Amid Inflationary Pressures
The Cypriot finance minister stated that the nation's economy is demonstrating resilience against external shocks and maintaining satisfactory growth, despite ongoing inflationary pressures.
Cyprus Mail:
Cyprus Tourism Sector Diversification Praised
A report highlights Cyprus as a prime example of successful tourism market diversification, particularly after the collapse of Russian arrivals.
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The chairman of the Cyprus Football Association has formally requested his Spanish counterpart to discourage FC Barcelona from organizing a children's football camp in the northern part of Cyprus.
Cyprus Mail:
Cyprus Football Association Chairman Contacts Spanish Counterpart
The chairman of the Cyprus Football Association has written to his Spanish counterpart to request that FC Barcelona be discouraged from organizing a children's football camp in the northern part of Cyprus.
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Daily news summaries from Cyprus
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