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Enel also supports new tariff structures that incentivize people to use EVs, while also advocating the removal of excessive and often inappropriate charges from electricity bills. Replacing fossil fuel-based systems with electric technologies will provide a pathway to decarbonize and reduce CO2 emissions.

So we urge the European Commission to seize this opportunity to reassess the growth potential of e-mobility with legislation that can bring the multiple benefits of EVs to fruition. Dr Costas Ageridis, chairman of the Institute, commented that electric cars are the most effective means of combating climate change, as they use energy and natural resources in a more efficient way and they support health protection in urban centers, through the reduction of exhaust gasses and noise.

Electric mobility is at an early stage of development in Greece, primarily because of the lack of charging infrastructure and the lack of education about the advantages of electric cars. As for the lack of charging options, they can be developed either privately or publicly.

Another percentage of users charge their car in the workspace and fewer of them in public spaces. Furthermore, he stressed, electric vehicles. These proposals, he underlined, are going to be filed soon in the competent ministry, as part of the specialization and completion of the national policy framework for the development of alternative fuels, in order to solve regulatory and technical issues that constrain the use of electric cars in cities.

The advancement of electric mobility, said Mr. Our goal is to actively contribute through the targeted installment of charging points in public spaces. The grand plan, added Mr. Karameros, is conducted in cooperation with competent bodies, in order to solve immediate support and management issues. He also noted that as part of the first phase, the following scenarios are examined, either alone or in combination, for charging points in the region: — Use from all citizens in the landplanning area of Attica.

This year, Romania doubles its grant for every buyer of an electric car to 10, Euros, while the bonus for those who want to buy a hybrid vehicle increases to 4, Euros. According to the budget of the Environment Fund, approved by the Government at the end of March, this measure is part of a set of 11 environment programmes financed by the Environment Fund with million lei million Euros.

Last year we offered a sum of nearly 5, Euros for those who wanted to buy an electric car. There was not large demand, but some steps have been taken. Last year, the Romanian state offered a subsidy of 20, lei 4, Euros for the purchase of an electric vehicle and.

For this year, those who want to buy an electric car will benefit from a bonus of 45, lei 10, Euros , while the subsidy for purchasing a hybrid vehicle will be 20, lei 4, Euros. The governmental incentive program for the purchase of non-polluting vehicles has a budget aiming to subsidize the acquisition of about 1, electric cars for this year and it is expected to be launched by the end of April.

Little interest for purchasing electric vehicles Even if the Romanian electric vehicle market is continuing to see a strong growth in percentage terms, the interest of Romanians in electric cars is still low. In , the average sales were less than 1 unit per months, while two years ago there were less than 4 electric cars sold every month, a total of 46 electric vehicles being bought in Last year, the Romanian electric car market had new registrations.

At end-October , there were electric cars in Romania out of about 6. Sales of hybrid vehicles had the same growth in percentage terms over the last two years; Romanians bought a hybrid car in , while last year 1, hybrid cars were sold on the Romanian market. The statistics show that Romania still remains in the last places of the EU in terms of purchase of environmentally friendly vehicles, while the top is dominated by countries like Germany, UK or France.

People in the industry hope the new incentives will stimulate people to buy electric cars. High prices and lack of infrastructure According to analysts, the success of electric car sales strongly depends on authorities support, as the prices for a new technology are still high and governmental subsidies should stimulate people to buy this type of cars.

Currently, the price of a mid-range electric car can be above 30, euros, much more than the average Romanian would be willing to pay, analysts say. The major problems identified by the sales experts are related to the prices and the infrastructure for electric cars. Announcing the new measures, former Environment Minister Daniel Constantin said the government targets the electric car infrastructure as well.

We want to create a system, at least. According to Environment Fund Administration, there are 55 charging stations for electric cars currently in Romania, of which 22 are in Bucharest. The first recharging point for electric cars in Romania opened in Even if authorities double the bonus for the purchasing of an electric car as compared to the one offered last year, Romania is still behind other EU countries.

Government subsidies for green car sales have existed in the Western states since , while Romanian authorities announced just two years ago a program aiming to create incentives for environmentally friendly car buyers. Forget about the change of oil in your car. And about all those pesky auto mechanics who look at you condescendingly while explaining where is the chain drive in your engine.

No more of that with the electric car. The coming age of electric vehicles EV will definitely rock the car maintenance services or fuel retails. But it will also have profound effects on many other sectors, and one of the most affected will be national energy systems which were not designed to meet this new demand. On the 9th of January, Bulgarian electricity demand almost reached the maximum available production capacity, while some reserve generators failed to be switched on because of the bad weather.

The request for emergency supplies from Romania was not met positively and Bulgaria had to cease its electricity export to guarantee its domestic consumption. The question whether EVs will break the energy grid has been around for more than ten years now and the usual answer is that we should not worry about that for the time being. What if, instead of a handful of electric cars, on 9th of January there were ,, the proponents of new nuclear power plants ask. Would their owners have been forced to ride their bicycles in the snow because there was no electricity for their fancy cars?

For countries like Bulgaria, where electric vehicles are still exotic beasts, this issue should not be raised at all. Nevertheless, the electricity shortage scare, now driven by the inevitable increase of the number of EVs, is already used as an excuse to propose the construction of new traditional coal-fired or nuclear power plants. Only a few months ago. The short answer is no. As it turns out see the graph for more details , even in peak demand there is enough niche capacity that cannot be utilized.

If we assume that the daily intake of , EVs a far reaching number, since by the end of there were only EVs. And this is an extreme example. Except for a few days in the winter, there is abundance of electricity to meet the new demand. The traditional electricity demand — mainly during peak hours in the daytime, forces the energy suppliers to maintain redundant production capacities, which stay idle for the better part of the day.

Actually, quite counter-intuitively, the EVs could have a healing effect for the energy system. They could flatten the demand for the electricity and will allow the traditional producers to run close to their maximum production capacities. This will bring more efficiency to the system and lower cost of the electricity supply on wholesale level.

In the case of the 9th of January crisis in Bulgaria a significant EV fleet could have helped the system by providing some of the stored electricity in its batteries — , cars could hold up to 20, MWh, enough to help struggling system operators for few hours. Of course, in order to do that, a complete new electricity pricing structure needs to be introduced.

To avoid overloading the system, a steep rate could be introduced for such moments incentivizing drivers to plug in their cars during off-peak hours. The problems with EVs will be felt much stronger down the electricity supply chain.

On average, residential households have a peak demand ranging between 1. This is the base used to design electricity supply networks. However even the most modest in-built car charger draws up to 6kW an hour from the grid. Tesla sells 20 kW chargers and many companies now market 60 to kW charges.

As a result few cars could use electricity equivalent to a small quarter or block of apartments and the additional demand might burn out the street-level transformers. Even if most of the cars are charged during the off-peak hours,. To make things even more difficult there is no need for thousands of EVs to roam the streets for such problems to appear.

It is enough that couple of EVs owners decide to recharge them at the same time — it could easily overburden local networks. For a country like Bulgaria that eschewed investment in the distribution networks in order to keep retail prices low, this could be a significant problem. Workers there are demanding higher wages. So industrial action would represent a real wrench in the works. Production is scheduled to commence in July ahead of what is a big autumn for the maverick carmaker.

In September, Tesla also. But not everyone is convinced that success will come automatically. Germany, for instance, is known for both its environmental consciousness and love of automotive innovation. The German government has made 1. European share values have risen comparably. Some critics fear massive hikes in electricity costs, which could create a popular backlash and hinder electric carmakers from the crucial business of cutting costs. But to service the mainstream, a lot more will be needed.

The NPE says that if the target of one million electric vehicles in Germany by is met, they will require 70, charging stations - nearly 10 times the current number. That entails a major infrastructural change, which is not without uncertainty. Much of the faith in the electric car is based on progress made in this area, particularly by Tesla. Battery prices dropped by roughly 80 percent between and This effect is far less pronounced with cars.

Every new model demands a similar investment of labor and raw materials. Whether Tesla can shoulder such gigantic investments is still a bet with an uncertain outcome. While countries like Norway are setting milestones towards electric mobility, cities like London are bringing new levies on the most polluting vehicles and others think of Paris, Madrid, Athens and Mexico City, to name a few plan banning diesels from their centers within the next decade, Bulgaria was lately reprimanded by the European Court of Justice over its air pollution.

One might be tempted to suggest that the above takes place in different historical times, but no — it all happened within a period of months. Moreover, it happened mostly on the same continent, as well as within a community of shared values on top of everything.

And yes — those consequences are being well deserved. Countries like the brexiting UK alone with the reluctant Scotland have firmly committed themselves to vehicle electrification targets and clear frameworks of their respective national strategies. They are an integral part of a process that is being nonexistent here in Bulgaria yet — E-Mobility. As decades pass by, the state administration did everything it could to deprive itself of its experts, so the missing political will is stamped by the outright lack of expertise.

The country positioned itself as the European automotive waste bin with all the. Evidently, the state of the Bulgarian vehicle park is of no importance, while the sectors that should be exerting the highest pressure for change in the status quo are having a hard time consolidating themselves around a common vision, and the prevailing mentality is not stirring up initiative.

Consequently, the EV penetration in Bulgaria is flat low and negligible. To sum up, when thinking about the state of play of Bulgarian electric vehicles, society needs to completely rethink its fundamental approach to mobility in the first place. Electricity is expected to become an integral part of the future automotive propulsion systems, but the generational change in technology is shaping up to be a.

For instance, building up the conventional charging infrastructure to its current state alone took over a century. Society needs to be well aware that public relations do move on wheels and the state of those wheels is directly affecting their quality. Therefore, the Bulgarian approach to electric mobility lacks three of its key components — mentality, expertise and pace.

For now, the electricity is being kept firmly off the wheels of the Bulgarian motorization. Slavko Vujovic, the founder and partner in the IEEG company, spoke for Energyworld magazine on obstacles preventing the registration of electric vehicles and on the status of their project. What is the current status of the electric vehicle sector in Serbia? Current situation is that we do not have any registered electric vehicles, but have 33 hybrid ones. There are some in garages, my company has a few, but they cannot be registered.

It is an issue of compliance of customs and other regulations related to creating conditions for the registration of such vehicles, and this is the subject of cooperation between us and, primarily, the Road Traffic Safety Agency. What is the main problem? The Law on Vehicle Registration.

This regulation recognizes EURO 6 at the top standard. A team was formed consisting our experts, representatives of universities, the Industrial Council for Development and the Chamber of Commerce of Serbia that has helped us a lot. The regulations must be amended. This is an issue of the bureaucratic nature of our system, but the decision makers must also state that such regulations must be amended in accordance with European standards.

Is there a political will to do so? I think that now there is a will to resolve. So far, the state was not involved. The awareness in related systems and institutions was on a very low level and there was no personnel to execute. The team formed has produced a goal of preparing regulations by the end of the year. Afterwards, the Road Traffic Safety Agency could accept the registration of electric vehicles. What about infrastructure? There are no filling stations at this moment.

We are planning and performing technical analysis for the filling stations on the corridor and in large cities. Who would finance this? The investment is not a risky one, as our administration would interpret it. There is my company and different funds, such as the fund developing the feasibility study of the infrastructure development. The investment is profitable, sustainable and long term.

There are different green funds. But, national strategy for the development of traffic and electric energy infrastructure for electric traffic is lacking, this is the responsibility of the Ministries of Energy, Transport. To be honest, these Ministries currently show interest in speeding up the whole issue. Serbia is one of the few countries without subsidies for electric vehicles? Everybody in the region has them. Slovenia is on the Austrian level already, from four to seven thousand euro per vehicle.

Funds for subsidies are secured from the environmental taxes. Here, the problem is that this tax is not collected properly, for example, it is not collected for EURO 3 vehicles, but is collected for EURO 6 vehicles. This only proves the. Subsidies would not present additional burden to the budget, they would be provided by better collection of taxes from polluters. Otherwise, in ten years from now, Serbia will be a landfill of European waste vehicles.

There are countries that will prohibit registration of fossil fuel vehicles by Are there any imposed international obligations for Serbia to develop electric vehicles? But there probably will be once the Chapter 27 Environment Protection,. First Filling Station in Belgrade You are executing a study on infrastructure and test filling stations? We are negotiating with the City of Belgrade to install the first filling stations.

We are cooperating. They are also interested in the project. The study shall define details of a filling station, that is, the pilot project that is applicable anywhere in the country. This includes a series of standards related to electric mobility. Serbia will have to execute certain studies based on which electric vehicle goals will be set. There are also global.

Immeasurable Savings You are executing a study on infrastructure and test filling stations? To what extent the electric vehicles would be profitable in Serbia? Calculation of manufacturers is clear, they see their interest in the development of electric vehicles.

Here, I drive a car consuming ten liters per one hundred kilometers, and I would consume one tenth of the value in electricity. At first, the car is more expensive, but there are many models, especially in the segment of small city cars, where the price is almost the same.

Maintenance is much cheaper with electric vehicles. Of course, there is the issue of environment preservation, that is priceless for a healthy living and noise reduction. Tell us more about your project. I have been in the auto industry for many years. I was a Renault dealer for the former Yugoslavia countries. After , I started thinking about the production, and then, in we produced a prototype of the utility vehicle that won the innovation and new technology award at the Auto Fair.

Foreign partners came along, we cooperated with Iveco, and a company from China proposed the production of the electric vehicle based on our model. This cooperation was not a success and there we lost two or three years, this company from Shanghai did not have quality batteries. But, we. Three Vehicles Redone Three electric vehicles were made so far in Serbia? Yes, the batteries were installed on the chassis of fossil fuel vehicles. This is not a big issue, basically. This is a model that is applied in neighbouring countries, there are auto shops that can redo your vehicles so it runs on electric energy.

This is only the beginning, people are more prone to buying a new electric vehicle. We cooperate with German IFAS as well, the institute for electric vehicle development, one of the leading German institutes that is under the wing of the Ministry of Energy.

By the way, we have developed an electric motor, with an optional adjustment of energy transfer from the motor to the wheels related to different requirements, primarily to urban micro vehicles, which is our main goal, the vehicles for public and utility green transport.

How much progress did you make? We have done a lot, we have invested a lot in development. In order to develop a car, in addition to adopting international standards, up to ten million Euros is the cost of reaching a prototype. We have done more, for we have developed a motor as well. I hope that we will be able to join domestic ambitious and innovative companies in one project in Serbia that can be a new project of the auto industry.

Who is backing this project? It is a private capital. How far are you from the mass production of electric vehicles? Both close and far. We have produced a car. It is a prototype that is tested in cooperation with our experts and the Institute. I think that by the end of the year we will have a mass production prototype. We are already identifying our public companies and potential buyers, what sort of vehicle they require, these are marketing preparations based on which we will produce. But, our main target is the foreign market.

We have potential partners in Germany for which we would manufacture urban vehicles. All components passing tests competitive to international standards and experience provide us with a chance to develop the production for foreign markets, to be competitive. Regardless of the situation in Serbia we will pursue production and sales on the markets where this is already in place. In Tel Aviv, the respective energy ministers of the four countries signed a joint declaration, committing to support the application for obtaining EU funding for the project under the Connecting European Facility programme.

Neighbouring Israel, mulling its gas export options, has been in talks with Ankara for a pipeline running from the massive Leviathan prospect to the southern shores of Turkey. At the same time, Cyprus, Israel, Greece and Italy have been discussing a subsea pipeline bringing eastern Mediterranean gas to the European mainland.

In his own comments, Cypriot energy minister Giorgos Lakkotrypis said that Cyprus, as a transit point for gas but. As Globes points out, the high cost of the gas at the reception point in Europe remains problematic for the East Med pipeline. Similarly tricky are the logistics, as the undersea route will reach a depth of 3.

According to Globes, the four-way meeting in Israel this week is also taking place against the backdrop of the European Commission withdrawing its opposition to the construction of two additional gas pipelines for transporting gas from Russia to Europe.

Also in Israel, government spokesman Nicos Christodoulides is on an official visit. Cyprus: Energy contract signed for block 10 Meanwhile, in Nicosia the government signed a contract with Exxon Mobil granting the latter an exploration. In a short speech after the signing, energy minister Yiorgos Lakkotrypis, welcomed the commitment of the companies picked to develop block 10 to conduct exploratory drilling within The government had decided to launch a third licensing round in February , and managed to complete it within a year.

The contract includes a commitment from the ExxonMobil-Qatar Petroleum consortium to acquire 3-D seismic data, drill two exploration wells in the first licence period and work with the government to build skills and strengthen understanding of the petroleum business through focused training programmes, the consortium said.

The companies have begun planning for drilling operations and intend to drill a first exploration well in Auxiliary services such as aviation, logistics and offshore service vessels to support the drilling operations have also been contracted with GSP. These approvals include NAMR and ANRE approvals, environmental and construction approvals and authorizations from local and national authorities, Transgaz approval as well as shareholder and partner approvals. Although there are many regulatory challenges ahead, the partner group is targeting to obtain these approvals in Once this has been achieved then it will take further 2 years to build the offshore platform, drill the development wells, lay the offshore and onshore pipelines and construct the Gas Treatment Plant.

Once this has been achieved, it will take further 2 years to build the offshore platform, drill the development wells, lay the pipelines and construct the Gas Treatment Plant. The group wants to identify a potential single supplier for the design, procurement, and construction of gas production facilities in the Romanian Black Sea. The construction of the submarine facilities should take about three years. They continued to explore and assess the gas reserves in the perimeter.

The agreed production cuts were 1. No doubt, the November 30 agreement has produced significant results. In addition, global oil and gas upstream investment fell by a quarter in , followed by another quarter in Early this year, however, the oil price rally entailed by the production cut agreement incentivized an increased output among the non-OPEC producers, with an especially noteworthy rebound of the US shale production.

On the other hand, with insufficient global demand prospects to absorb such a production growth, a glut has built on the international oil markets. The Saudi Oil Ministry attributed the increase to technical reasons, including oil moving into storage. At the beginning of April, Riyadh raised its official selling prices to the US for the month ahead, while cutting them to every other region, thus targeting US oil inventories.

This was yet another bold step taken by Saudi Arabia to bolster its effort of rebalancing the market, albeit with the associated risk of irking its paramount customer. Nevertheless, that price spike was short-lived, with no discernible concerns on the market that oil supplies would be disrupted on the longer term.

Nonetheless, although there is no threat of oil supply disruption, the Syria strike raises worries about the future of coordination on oil policy between Russia and Saudi Arabia. Underlying this oil price volatility, a fundamental market indicator regards how the short-term oil contracts compare to the longer-term ones. Shortly after the November 30 deal on output curbs, short-term prices began to strengthen versus longer-term futures. Thus, over the course of January, frontmonth Brent deliveries narrowed their discount versus year-ahead futures, upon expectations that the supply curbs would tighten the market.

A situation in which longer-term futures are more expensive than shorterterm ones is known as contango in market lingo. When the oil market is in contango, storage becomes a lucrative, low-risk business of collecting storage. Contango has been the defining situation on the global oil markets since mid By mid-February , the front-month Brent contracts became only 16 cents less expensive than the seven-month futures.

A situation in which prompt deliveries are more expensive than longer-term ones is called backwardation. As oil inventories draw down, the price of prompt oil deliveries tends to trade above future prices. However, short of reaching proper backwardation, the spread between prompt delivery and futures has since widened again in favor of the latter, reaching in April about 80 cents between the front-month and the seven-month Brent futures.

OPEC itself included among the effectiveness criteria of the output curbs. When the oil market is in contango, storage becomes a lucrative, low-risk business of collecting storage fees and selling stored oil forward at a profit. In other words, can the market return to backwardation — and if so, would backwardation be economically stable, as the US shale producers and others are ramping up their output?

Some pundits are skeptical about such a prospect. As their argument goes, the increased oil production within OPEC from October to December and the output growth in non-OPEC countries thereafter, combined with the slowdown of demand growth in China and India make it likely that the global market will remain glutted — and in contango — throughout the better part of According to this line of thought, the odds are that oil prices will stagnate and even go through occasional slumps.

On the other hand, there are important market players which are already betting that the days of oil oversupply will soon be over and that, consequently, the. Since January, the top five global oil traders — Glencore, Vitol, Gunvor, Mercuria and Trafigura — have sold or have been trying to sell important parts of their stakes in oil storage firms. Surely, they must be expecting that OPEC will extend its output cuts into the second half of , and that this will be effective, which would thus help draw down global inventories and bolster oil prices.

Regardless of how decisive such a move by OPEC will turn out to be, it certainly makes sense for the global traders to hedge their previous bet on contango. The Energy Policy Group EPG is an independent Romanian think-tank specializing in energy policy and strategy analysis, with a special focus on the oil and gas sector. EPG provides the following services:. Pantopoleio has been serving a consistently fresh and varied menu of Greek dishes since it opened its doors.

In the summer especially, al fresco dining on a breezy Nicosia night is the perfect antidote to the crazy summer heat. Plenty of seating makes reservations a snap. Vegetarians have the option of eating meatless. The Gym was at the vanguard of the new wave of restaurants that hit Old Nicosia in , bringing fresh gastronomic and design delights to the traditional, tavern-heavy dining experience we were used to.

Tavernaki tou Pambou is your typical Cypriot tavern from the outside. There is more food on the tables than a human, or family of humans, could possibly eat. All of it is worth tasting. Legend has it that Loxandra herself brought her recipes with her from Smyrna. The market is long gone, but Agios Georgios remains the favorite haunt of artists and locals looking to sip wine over a homemade traditional meal. Order mezedes small plates and a small bottle of zivania and relax as the dishes arrive at your table and your belly fills and fills.

Is Aegeon the best tavern in the Old City? Many say yes. Regardless, Aegeon definitely has two things going for it. You get to dine in a gorgeous inner courtyard nestled in among the quiet backstreets of Taktakalas. And their food is fresh, local and always good. Live music on Thursdays. While Aegeon may serve the best tavern fare in Nicosia, if you take a quick taxi drive to Engomi, Plaka Tavern might offer a truer Cypriot experience: a never-ending supply of dips, local comfort foods and meats no mortal could possibly finish in two sittings.

By their own estimate, Plaka serves thirty dishes with its meze. In the spring and summer, you can catch live music and enjoy al fresco dining. Do you like IPAs? Howling Wolf and Johnny Cash? Another huge plus: Brew Fellas has the most laid-back, friendly bartenders in the world. Opens at 6 in the evening.

Get their earlyish if you want a table. Korniza is tucked away behind the Omerye Hamam. From the outside, you may be wondering how this hole-in-the-wall on a busy intersection of Nicosia could have mixologists raving. This place tends to fill fast so you may be drinking your Aperol Spritz sitting on an oil drum. Brothers Christos, Angelos and Alexis Alexiou did something no one thought would ever happeN: they opened up world-class craft brew pub in the heart of Old Nicosia.

The Alexiou Brothers learned their brewing craft in the Czech Republic, so the food is Czech-inspired, i. But Pivo offers a regular stable of superb craft beers, bottled and on tap, plus monthly brewing experiments, which are always worth trying. The restaurant itself is a gorgeously renovated old mansion with tall timbered ceilings and white-washed walls, which lends themselves to marathon beer drinking sessions.

Call ahead to book a table though. They fill up fast. The space shows solo and group exhibitions in painting, sculpture, photography and multimedia. It also hosts regular performances and arts and literary talks. Andre Zivanari was determined to place Cyprus on the international art map, and she succeeded. Point is more than an exhibition space for the next generation of Cypriot artists.

Check out their website for their schedule. Thkkio Ppallies is young, fresh and laid-back. Like most treasures in Nicosia, this artist-led project space run by up-and-coming Cypriot superstars Stelios Kallinikou and Peter Eremian, is a little off the beaten path. The grand dame of Nicosia art galleries, Gloria Gallery is the oldest running contemporary art space in the city. Nicosia has been divided since Once a den of espionage and jet set weekend trysts, this formerly exclusive hotel is now pockmarked with artillery shells and houses the UN peacekeeping force.

Get an idea of what life was like in Ottoman Nicosia in the beautifully preserved sandstone palazzo of Hadjigeorgakis Kornesios the Dragoman ombudsman or mediator between the Greek and Turkish communities. Just a quick stroll from the Archbishopric, this charming neighborhood of shaded passageways and narrow winding streets used to be the wealthiest quarter in Cyprus. After a stroll around the Archbishopric, stop next-door at the Cyprus Folk Art Museum, where you can see a 16th-century Byzantine fresco and samples of traditional Cypriot pottery, embroidery, leather work, folk painting and more.

No trip to Nicosia would be complete without a walk down historic Ermou Street. End your stroll at Dot Cafe for a glass of local Zambartas wine or a Saturday brunch. Just blocks away is Chrysaliniotissa. Pamper yourself like they did back in at the last operational Turkish-style bath house in the city.

Private baths can be arranged for couples or small groups. Book in advance. The hip new Fork Food Market is a virtual mobile food village that travels around the city in the spring and summer bringing a kaleidoscope of international street food to our pampered Mediterranean taste buds. Each market features the menus of eight local vendors who create healthy but tasty small meals at reasonable prices. Pairs perfectly with an ice-cold KEO and a stroll around the park.

For Nicosians who have to brave the blistering summer days, the Constantia has been providing night-time cinematic relief for years. A wing of the Pharos Foundation run by Garo Keheyan, the Shoe Factory is a cultural landmark in Nicosia that showcases contemporary visual, performance, photography and video art by internationally recognized artists and curators from around the world. So you like the theatre? The Cyprus Theatre Organization and its sister theatre in Limassol, the Rialto offer a top-notch programme of contemporary and classical theatre from Tom Stoppard to Sophocles.

And if Greek is, well, just Greek to you, they run performances in English too. Actually quite a few. We felt we had to mention at least one place you can go to listen to the kind of music you probably associate with Cyprus. Remember this is Cyprus and no one breaks plates here. They only break plates in Greece because Plato used to do it. Piraeus 17 is kind of like that. They play gut-bucket rembetika Greek blues here, but also really good jazz.

KRITISCHE SOZIALE ARBEIT BETTINGER TEMP

They are an integral part of a process that is being nonexistent here in Bulgaria yet — E-Mobility. As decades pass by, the state administration did everything it could to deprive itself of its experts, so the missing political will is stamped by the outright lack of expertise. The country positioned itself as the European automotive waste bin with all the. Evidently, the state of the Bulgarian vehicle park is of no importance, while the sectors that should be exerting the highest pressure for change in the status quo are having a hard time consolidating themselves around a common vision, and the prevailing mentality is not stirring up initiative.

Consequently, the EV penetration in Bulgaria is flat low and negligible. To sum up, when thinking about the state of play of Bulgarian electric vehicles, society needs to completely rethink its fundamental approach to mobility in the first place. Electricity is expected to become an integral part of the future automotive propulsion systems, but the generational change in technology is shaping up to be a.

For instance, building up the conventional charging infrastructure to its current state alone took over a century. Society needs to be well aware that public relations do move on wheels and the state of those wheels is directly affecting their quality.

Therefore, the Bulgarian approach to electric mobility lacks three of its key components — mentality, expertise and pace. For now, the electricity is being kept firmly off the wheels of the Bulgarian motorization. Slavko Vujovic, the founder and partner in the IEEG company, spoke for Energyworld magazine on obstacles preventing the registration of electric vehicles and on the status of their project. What is the current status of the electric vehicle sector in Serbia?

Current situation is that we do not have any registered electric vehicles, but have 33 hybrid ones. There are some in garages, my company has a few, but they cannot be registered. It is an issue of compliance of customs and other regulations related to creating conditions for the registration of such vehicles, and this is the subject of cooperation between us and, primarily, the Road Traffic Safety Agency.

What is the main problem? The Law on Vehicle Registration. This regulation recognizes EURO 6 at the top standard. A team was formed consisting our experts, representatives of universities, the Industrial Council for Development and the Chamber of Commerce of Serbia that has helped us a lot. The regulations must be amended. This is an issue of the bureaucratic nature of our system, but the decision makers must also state that such regulations must be amended in accordance with European standards.

Is there a political will to do so? I think that now there is a will to resolve. So far, the state was not involved. The awareness in related systems and institutions was on a very low level and there was no personnel to execute. The team formed has produced a goal of preparing regulations by the end of the year. Afterwards, the Road Traffic Safety Agency could accept the registration of electric vehicles.

What about infrastructure? There are no filling stations at this moment. We are planning and performing technical analysis for the filling stations on the corridor and in large cities. Who would finance this? The investment is not a risky one, as our administration would interpret it. There is my company and different funds, such as the fund developing the feasibility study of the infrastructure development.

The investment is profitable, sustainable and long term. There are different green funds. But, national strategy for the development of traffic and electric energy infrastructure for electric traffic is lacking, this is the responsibility of the Ministries of Energy, Transport. To be honest, these Ministries currently show interest in speeding up the whole issue. Serbia is one of the few countries without subsidies for electric vehicles? Everybody in the region has them. Slovenia is on the Austrian level already, from four to seven thousand euro per vehicle.

Funds for subsidies are secured from the environmental taxes. Here, the problem is that this tax is not collected properly, for example, it is not collected for EURO 3 vehicles, but is collected for EURO 6 vehicles. This only proves the. Subsidies would not present additional burden to the budget, they would be provided by better collection of taxes from polluters. Otherwise, in ten years from now, Serbia will be a landfill of European waste vehicles.

There are countries that will prohibit registration of fossil fuel vehicles by Are there any imposed international obligations for Serbia to develop electric vehicles? But there probably will be once the Chapter 27 Environment Protection,.

First Filling Station in Belgrade You are executing a study on infrastructure and test filling stations? We are negotiating with the City of Belgrade to install the first filling stations. We are cooperating. They are also interested in the project. The study shall define details of a filling station, that is, the pilot project that is applicable anywhere in the country.

This includes a series of standards related to electric mobility. Serbia will have to execute certain studies based on which electric vehicle goals will be set. There are also global. Immeasurable Savings You are executing a study on infrastructure and test filling stations?

To what extent the electric vehicles would be profitable in Serbia? Calculation of manufacturers is clear, they see their interest in the development of electric vehicles. Here, I drive a car consuming ten liters per one hundred kilometers, and I would consume one tenth of the value in electricity. At first, the car is more expensive, but there are many models, especially in the segment of small city cars, where the price is almost the same.

Maintenance is much cheaper with electric vehicles. Of course, there is the issue of environment preservation, that is priceless for a healthy living and noise reduction. Tell us more about your project. I have been in the auto industry for many years. I was a Renault dealer for the former Yugoslavia countries. After , I started thinking about the production, and then, in we produced a prototype of the utility vehicle that won the innovation and new technology award at the Auto Fair.

Foreign partners came along, we cooperated with Iveco, and a company from China proposed the production of the electric vehicle based on our model. This cooperation was not a success and there we lost two or three years, this company from Shanghai did not have quality batteries. But, we. Three Vehicles Redone Three electric vehicles were made so far in Serbia?

Yes, the batteries were installed on the chassis of fossil fuel vehicles. This is not a big issue, basically. This is a model that is applied in neighbouring countries, there are auto shops that can redo your vehicles so it runs on electric energy. This is only the beginning, people are more prone to buying a new electric vehicle. We cooperate with German IFAS as well, the institute for electric vehicle development, one of the leading German institutes that is under the wing of the Ministry of Energy.

By the way, we have developed an electric motor, with an optional adjustment of energy transfer from the motor to the wheels related to different requirements, primarily to urban micro vehicles, which is our main goal, the vehicles for public and utility green transport. How much progress did you make? We have done a lot, we have invested a lot in development. In order to develop a car, in addition to adopting international standards, up to ten million Euros is the cost of reaching a prototype.

We have done more, for we have developed a motor as well. I hope that we will be able to join domestic ambitious and innovative companies in one project in Serbia that can be a new project of the auto industry. Who is backing this project? It is a private capital. How far are you from the mass production of electric vehicles? Both close and far.

We have produced a car. It is a prototype that is tested in cooperation with our experts and the Institute. I think that by the end of the year we will have a mass production prototype. We are already identifying our public companies and potential buyers, what sort of vehicle they require, these are marketing preparations based on which we will produce.

But, our main target is the foreign market. We have potential partners in Germany for which we would manufacture urban vehicles. All components passing tests competitive to international standards and experience provide us with a chance to develop the production for foreign markets, to be competitive.

Regardless of the situation in Serbia we will pursue production and sales on the markets where this is already in place. In Tel Aviv, the respective energy ministers of the four countries signed a joint declaration, committing to support the application for obtaining EU funding for the project under the Connecting European Facility programme. Neighbouring Israel, mulling its gas export options, has been in talks with Ankara for a pipeline running from the massive Leviathan prospect to the southern shores of Turkey.

At the same time, Cyprus, Israel, Greece and Italy have been discussing a subsea pipeline bringing eastern Mediterranean gas to the European mainland. In his own comments, Cypriot energy minister Giorgos Lakkotrypis said that Cyprus, as a transit point for gas but. As Globes points out, the high cost of the gas at the reception point in Europe remains problematic for the East Med pipeline. Similarly tricky are the logistics, as the undersea route will reach a depth of 3.

According to Globes, the four-way meeting in Israel this week is also taking place against the backdrop of the European Commission withdrawing its opposition to the construction of two additional gas pipelines for transporting gas from Russia to Europe. Also in Israel, government spokesman Nicos Christodoulides is on an official visit.

Cyprus: Energy contract signed for block 10 Meanwhile, in Nicosia the government signed a contract with Exxon Mobil granting the latter an exploration. In a short speech after the signing, energy minister Yiorgos Lakkotrypis, welcomed the commitment of the companies picked to develop block 10 to conduct exploratory drilling within The government had decided to launch a third licensing round in February , and managed to complete it within a year.

The contract includes a commitment from the ExxonMobil-Qatar Petroleum consortium to acquire 3-D seismic data, drill two exploration wells in the first licence period and work with the government to build skills and strengthen understanding of the petroleum business through focused training programmes, the consortium said. The companies have begun planning for drilling operations and intend to drill a first exploration well in Auxiliary services such as aviation, logistics and offshore service vessels to support the drilling operations have also been contracted with GSP.

These approvals include NAMR and ANRE approvals, environmental and construction approvals and authorizations from local and national authorities, Transgaz approval as well as shareholder and partner approvals. Although there are many regulatory challenges ahead, the partner group is targeting to obtain these approvals in Once this has been achieved then it will take further 2 years to build the offshore platform, drill the development wells, lay the offshore and onshore pipelines and construct the Gas Treatment Plant.

Once this has been achieved, it will take further 2 years to build the offshore platform, drill the development wells, lay the pipelines and construct the Gas Treatment Plant. The group wants to identify a potential single supplier for the design, procurement, and construction of gas production facilities in the Romanian Black Sea. The construction of the submarine facilities should take about three years.

They continued to explore and assess the gas reserves in the perimeter. The agreed production cuts were 1. No doubt, the November 30 agreement has produced significant results. In addition, global oil and gas upstream investment fell by a quarter in , followed by another quarter in Early this year, however, the oil price rally entailed by the production cut agreement incentivized an increased output among the non-OPEC producers, with an especially noteworthy rebound of the US shale production.

On the other hand, with insufficient global demand prospects to absorb such a production growth, a glut has built on the international oil markets. The Saudi Oil Ministry attributed the increase to technical reasons, including oil moving into storage. At the beginning of April, Riyadh raised its official selling prices to the US for the month ahead, while cutting them to every other region, thus targeting US oil inventories.

This was yet another bold step taken by Saudi Arabia to bolster its effort of rebalancing the market, albeit with the associated risk of irking its paramount customer. Nevertheless, that price spike was short-lived, with no discernible concerns on the market that oil supplies would be disrupted on the longer term. Nonetheless, although there is no threat of oil supply disruption, the Syria strike raises worries about the future of coordination on oil policy between Russia and Saudi Arabia.

Underlying this oil price volatility, a fundamental market indicator regards how the short-term oil contracts compare to the longer-term ones. Shortly after the November 30 deal on output curbs, short-term prices began to strengthen versus longer-term futures.

Thus, over the course of January, frontmonth Brent deliveries narrowed their discount versus year-ahead futures, upon expectations that the supply curbs would tighten the market. A situation in which longer-term futures are more expensive than shorterterm ones is known as contango in market lingo.

When the oil market is in contango, storage becomes a lucrative, low-risk business of collecting storage. Contango has been the defining situation on the global oil markets since mid By mid-February , the front-month Brent contracts became only 16 cents less expensive than the seven-month futures. A situation in which prompt deliveries are more expensive than longer-term ones is called backwardation. As oil inventories draw down, the price of prompt oil deliveries tends to trade above future prices.

However, short of reaching proper backwardation, the spread between prompt delivery and futures has since widened again in favor of the latter, reaching in April about 80 cents between the front-month and the seven-month Brent futures. OPEC itself included among the effectiveness criteria of the output curbs. When the oil market is in contango, storage becomes a lucrative, low-risk business of collecting storage fees and selling stored oil forward at a profit.

In other words, can the market return to backwardation — and if so, would backwardation be economically stable, as the US shale producers and others are ramping up their output? Some pundits are skeptical about such a prospect. As their argument goes, the increased oil production within OPEC from October to December and the output growth in non-OPEC countries thereafter, combined with the slowdown of demand growth in China and India make it likely that the global market will remain glutted — and in contango — throughout the better part of According to this line of thought, the odds are that oil prices will stagnate and even go through occasional slumps.

On the other hand, there are important market players which are already betting that the days of oil oversupply will soon be over and that, consequently, the. Since January, the top five global oil traders — Glencore, Vitol, Gunvor, Mercuria and Trafigura — have sold or have been trying to sell important parts of their stakes in oil storage firms.

Surely, they must be expecting that OPEC will extend its output cuts into the second half of , and that this will be effective, which would thus help draw down global inventories and bolster oil prices. Regardless of how decisive such a move by OPEC will turn out to be, it certainly makes sense for the global traders to hedge their previous bet on contango. The Energy Policy Group EPG is an independent Romanian think-tank specializing in energy policy and strategy analysis, with a special focus on the oil and gas sector.

EPG provides the following services:. Contact: Buzesti Street, 5th floor, Bucharest Email: office enpg. The actual tax rate in Romania was calculated as an average of royalties and similar taxes paid royalties from oil and gas, additional taxes and taxes on special constructions — pole tax , against the revenues of the main players on the Romanian market, respectively ROMGAZ The nominal rate of the tax on constructions fell from 1.

In Romania there are more than oil fields and more than 13, operating wells. The oil fields have a high degree of fragmentation and the identifying of new reserves often requires deep drills. Deloitte says that, according to statistics on the energy industry in the European Union, the upstream oil and gas in Romania has the largest number of employees compared to other EU countries 25, employees out of a total of 77, employees in all European countries.

In the last years, three European states adopted legislative measures to reduce the tax burden on companies in the upstream industry, in the context of oil price decline. In the UK, several measures were adopted, such as reducing the additional tax and the tax rate on oil revenues, while increasing deductions.

The actual tax rate fell from In Italy, the average observable rate of royalties and similar taxes fell from Italy applied an additional tax on the profits of oil, gas and energy companies. The nominal rate of the additional tax on the corporate tax fell from In Hungary, the average observable royalty and similar tax rate decreased from According to the release, following the parliamentary debate on the gas market liberalization beginning April 1, as per OUG No.

The minister added that fears expressed in public media about household gas prices increasing substantially after liberalization are unjustified. Energy Ministry officials said that the liberalization as of April 1 refers strictly to the natural gas procurement price, which is just one element of the final price paid by households, along with transport, distribution, supply and storage fees.

The first effect of the liberalization was already seen. The president of ANRE, Niculae Havrilet, said that the residential users are protected against major price surges on the free market thanks to the methodology designed by ANRE for the acquisition of natural gas for residential users.

That means the suppliers operating on this market will buy the natural gas at the current prices for one year. More specifically, demand reached 1,, kg in versus , kg in Increased demand for natural gas came as a result of the reduction in prices and Greek consumers becoming more familiarized with this alternative fuel, which has been used for many decades abroad. In energy terms, it is.

Economy and autonomy that cannot be missed Natural gas has been proven to be the most economic fuel. Natural gas vehicles travelled the distance AthensThessaloniki by exclusively using natural gas and refuelling through the extended gas stations network. Autonomy with a full tank was about km. The cost of the fuel was about 4 Euros per km and for the total length it stayed under 25 Euros, a fact that makes natural gas the most economic fuel.

Double fuel car models available in the Greek market In the Greek market there are passenger cars and professional CNG models using. The most well known models are sold in CNG versions, while their range is increased continuously with new models appearing in the international and Greek market. A , the provisions of Chapter C of which regulated the question of reorganisation of the wholesale electricity market, in order that it complies with EU Target Model for the coupling of energy markets.

In view of the advantages of the operation of a single internal electricity market, European Union has developed Target Model for the common organisation of the European electricity markets, including the operation of forward and day ahead markets as well as the operation of intraday and balancing markets. The development of the Target Model requires a coordinated approach on the operation and allocation of the transmission capacity of interconnections.

In addition, apart from consumers, European industry, and thus Greek economy, which is called to compete with economies of other developed countries, shall benefit. Course of reorganisation of the Greek wholesale electricity market The reorganisation of the Greek wholesale electricity market falls, therefore, within the framework of EU policy towards the completion of the internal European electricity market and the adoption of common mandatory regulations for its organisation and operation at European level, according.

In any European country with liberalised electricity market, physical delivery products, including reserves, are traded in different time levels, from long-term to real-time. Therefore, under the new framework, four wholesale markets shall operate, a wholesale forward market and bilateral OTC market, b day ahead market, c intra-day market and d balancing market.

With regards to the time levels of operation of the abovementioned markets, wholesale forward market shall be first, day ahead market second and afterwards intra-day market and balancing market. More specifically, within the wholesale market of forward power products participants trade on forward products of electricity with the obligation to physical delivery.

In addition, there is the option of purchasing and selling forward products off-market, through bilateral contracts. With regards to the transactions through bilateral contracts, it is provided for that RAE is entitled to determine maximum rate for such transactions as a measure to counterbalance the dominant corporation i.

PPC , in order not to excessively restrict the liquidity of the day ahead market, which is called to provide the sign of prices of electricity corresponding to real conditions of offer and demand. In addition, RAE following three years from the start date of the operation of this market will have the.

The reorganisation of Greek wholesale electricity market in line with the terms and regulations applicable to all European countries is essential for Greece to participate in the integration of markets and make electricity import and export easier. Furthermore, in the day ahead market the participants trade electricity quantities to be physically delivered on the day ahead, with the only limitation that, for the producers, the quantity of electricity tradable is limited by the power of their units, whereas, for the load representatives, the quantity of electricity tradable is limited by the total load represented and the quantity of electricity purchased and within the wholesale forward market.

Within the intra-day market, participants trade remaining quantities of energy, limited by the power of their units, the quantities traded and sold at the wholesale forward market and at the day ahead market, and also limited by any restriction deriving from the balancing market. Pursuant to decision of the Minister of Environment and Energy dated Finally, balancing market consists of a the power balancing market, which is the market in which the power offered.

Participants are required to submit offers with the requirement of physical delivery of the total of the available power. It is considered that the operation of the four new markets shall a allow the participants to hedge their risk through forward market, by progressively readjusting their positions, in order to form more competitive products for the final consumers in the medium and long term, b through the participation in intra-day markets participants shall be able to adjust their positions and to avoid charges for non-compliance and, on the other hand, the value of the flexibility of units will be better reflected within the market, and not be determined solely with administrative acts through payment for the provision of ancillary services.

With the introduction of the new regulatory framework the question of coverage of the transactions deficit is addressed. Market Operators are responsible for the coverage, settlement and clearing of transactions, in order to protect the market from deficits. For the fulfilment of this obligation, Operators may request participants to provide guaranties and also establish a joint guarantee fund financed with contributions of the participants. At the same time, Operators may propose to RAE that a legal person be certified as.

Operators may also establish or participate in such legal person. Due to the fact that the role of the operator for the settlement, clearing and coverage of market transactions is very important for the balanced operation of the internal electricity market, special requirements are set regarding the economic, technical and other resources required for the continuous and uninterrupted provision of its services, which shall be further refined through decision of the Minister of Environment and Energy.

On Such details remain to be further defined by the public administration through relevant Codes referring to the participants, their conduct within the markets, the cooperation framework between them and Market Operators, as well as the legal nature of their relations and the procedures of coverage, settlement and clearing of transactions.

Such roadmap contained in the law would be useful as a recommendation to the parties involved to promptly proceed to specific actions. Thus, the transition towards a low carbon economy is key for the achievement of global mitigation objectives and for allowing an adaptation response of future generation at a reasonable environmental, economic and social cost.

The energy sector shows an increasing share of emissions from Today, the roads and motorways comprise the predominant mode of land transportation and provide essential links for freight and passenger mobility.

Despite some recent investments, the quality of road transport remains low and there is a considerable regional variation in term of accessibility to market and to basic services. The increase in the number of road vehicles, with about 4. The two documents, still in the process of elaboration, aim to define a pathway for the streamlining of the transport sector with the EU Acquis and standards, as well as to implement. The Albanian Government is committed to introduce energy efficiency policies and practices as part of its National Energy Strategy, also aiming at promoting harmonization with EU requirements, as part of the wider pre-accession process.

Within this framework, a Sustainable Transport Plan STP is under preparation by the Ministry of Transport and Infrastructure MTI to help meeting the targets of reducing energy consumption and improve overall sustainability in the transport sector. Sustainable transport policies shall be focused on reducing the need for travel and shifting travel to the most social,. This means that transport policy should reduce the need to travel and shorten trip lengths, promote a shift to sustainable modes, and improve the sustainability of all modes, using technologies that are more energy efficient.

A detailed program and a definition of a potential financial budget is developed for most of the proposed measures. Strategic priorities for road transport are about legal and governance conditions, completion and modernization of Albania primary and secondary network, in order to strengthen regional cooperation. The general approach is to reach a road transport market in line with EU standards. Strategic priorities for rail transport are related to set up an open market for investors and increase visibility of SEETO South-east Europe Transport Observatory area.

Sustainable transport policies shall be focused on reducing the need for travel and shifting travel to the most social, economic, and environmentally efficient mode, as well as putting technological improvement of vehicles and fuels in the spotlight.

Concerning air transport, the development of a new airport infrastructure in the south of the country should be instrumental to increase tourism; a more competitive market with liberalized air service, implementation and unification of international air standards as well as a reduction in travel fees for passengers are the priorities for the period of validity. The documents spells out each of the above strategies in specific, detailed policies, setting milestones, indicators and targets.

The thirty-nine Policies Priority Actions identified for the fiveyear period are deeply interlinked, striking a balance between soft measures and investments, and have been selected in order to define a solid National Transport Strategy and Action Plan. The total cost for implementing the NMAP is estimated.

Most of the funds are needed for the Transport Sector with Energy and Agriculture requires respectively 9. In the total funds needed to implement the measures related to the National Mitigation Action Plan, the state budget contribution is about The funding gap is This gap is planned to be covered by donor funds as well as by the state budget. The funding gap to be covered belongs mainly to the transport sector, in fact the source of funding for some measures in the transport sector is not identified.

Due to this reason, the costs are considered as a gap seeking donor funding. The successful implementation of the NMAP is likely to face challenges due to specific risks, which should be taken into consideration so as not to create real difficulties in the process of implementation. It specialises in the exploration, production, refining, marketing, and distribution of oil.

The business is divided into four core sections: Exploration and Production; Refining, Marketing and Distribution; Petrochemicals and Power Generation. It specialises in the exploration and production of oil and gas, petroleum refining and marketing textiles, retail and special economic zones. The company is also involved in the marketing of petrochemicals, polyester, plastics and chemicals.

Reliance Industries is also very popular on social media with over 2. The company, which was founded in , is headquartered in Moscow. Gazprom has a gas transmission system which is more than , kilometres long. This makes it the largest gas transmission system on the globe. The company has employees in excess of 93, people on average and it produces the equivalent of three million barrels of oil every day.

The company manufactures chemicals and petrochemical products. Then Cobalt Aero folded out of the blue, and our guides disappeared from the web. Could this possibly be the coolest cafe in Europe? Everything inside Prozak was selected or built by the owner Orestes, from the wainscoting made from old fabric bolts to the funky graphic design and lighting.

The overall effect is a unique microcosm where the traditional Cypriot cafe with its selection of homemade food and drinks dictated by law meets beat San Francisco. The Kxoffee Project is not only a haven for coffee drinkers seeking pure beans and expertly prepared brew. With its minimal design and wall-to-ceiling views of leafy Pindarou Street, the Project also offers healthy handmade snacks and sweets.

Tucked away on a quiet lane off Ermou Street in one of the most charming quarters in the Old City, there is no better place to go for a light weekday lunch, coffee or tea. Androulla has turned one of her properties into a cafe. Look carefully. But drop by to taste Mrs.

If you venture there on a weekend, get there early to nab a table. Skinny Fox took Nicosia by storm in with its truly great, exquisitely prepared European fusion cuisine and hipness. Book ahead. Their wine menu is as good as it gets in Nicosia with down-to-earth prices on select wines-of-the-day. The menu is eclectic with mostly small plate dishes like shrimp tacos and beef hamburger sliders.

Pantopoleio has been serving a consistently fresh and varied menu of Greek dishes since it opened its doors. In the summer especially, al fresco dining on a breezy Nicosia night is the perfect antidote to the crazy summer heat.

Plenty of seating makes reservations a snap. Vegetarians have the option of eating meatless. The Gym was at the vanguard of the new wave of restaurants that hit Old Nicosia in , bringing fresh gastronomic and design delights to the traditional, tavern-heavy dining experience we were used to. Tavernaki tou Pambou is your typical Cypriot tavern from the outside.

There is more food on the tables than a human, or family of humans, could possibly eat. All of it is worth tasting. Legend has it that Loxandra herself brought her recipes with her from Smyrna. The market is long gone, but Agios Georgios remains the favorite haunt of artists and locals looking to sip wine over a homemade traditional meal. Order mezedes small plates and a small bottle of zivania and relax as the dishes arrive at your table and your belly fills and fills.

Is Aegeon the best tavern in the Old City? Many say yes. Regardless, Aegeon definitely has two things going for it. You get to dine in a gorgeous inner courtyard nestled in among the quiet backstreets of Taktakalas. And their food is fresh, local and always good. Live music on Thursdays. While Aegeon may serve the best tavern fare in Nicosia, if you take a quick taxi drive to Engomi, Plaka Tavern might offer a truer Cypriot experience: a never-ending supply of dips, local comfort foods and meats no mortal could possibly finish in two sittings.

By their own estimate, Plaka serves thirty dishes with its meze. In the spring and summer, you can catch live music and enjoy al fresco dining. Do you like IPAs? Howling Wolf and Johnny Cash? Another huge plus: Brew Fellas has the most laid-back, friendly bartenders in the world. Opens at 6 in the evening. Get their earlyish if you want a table. Korniza is tucked away behind the Omerye Hamam. From the outside, you may be wondering how this hole-in-the-wall on a busy intersection of Nicosia could have mixologists raving.

This place tends to fill fast so you may be drinking your Aperol Spritz sitting on an oil drum. Brothers Christos, Angelos and Alexis Alexiou did something no one thought would ever happeN: they opened up world-class craft brew pub in the heart of Old Nicosia.

The Alexiou Brothers learned their brewing craft in the Czech Republic, so the food is Czech-inspired, i. But Pivo offers a regular stable of superb craft beers, bottled and on tap, plus monthly brewing experiments, which are always worth trying. The restaurant itself is a gorgeously renovated old mansion with tall timbered ceilings and white-washed walls, which lends themselves to marathon beer drinking sessions.

Call ahead to book a table though. They fill up fast. The space shows solo and group exhibitions in painting, sculpture, photography and multimedia. It also hosts regular performances and arts and literary talks. Andre Zivanari was determined to place Cyprus on the international art map, and she succeeded. Point is more than an exhibition space for the next generation of Cypriot artists. Check out their website for their schedule. Thkkio Ppallies is young, fresh and laid-back.

Like most treasures in Nicosia, this artist-led project space run by up-and-coming Cypriot superstars Stelios Kallinikou and Peter Eremian, is a little off the beaten path. The grand dame of Nicosia art galleries, Gloria Gallery is the oldest running contemporary art space in the city. Nicosia has been divided since Once a den of espionage and jet set weekend trysts, this formerly exclusive hotel is now pockmarked with artillery shells and houses the UN peacekeeping force.

Get an idea of what life was like in Ottoman Nicosia in the beautifully preserved sandstone palazzo of Hadjigeorgakis Kornesios the Dragoman ombudsman or mediator between the Greek and Turkish communities. Just a quick stroll from the Archbishopric, this charming neighborhood of shaded passageways and narrow winding streets used to be the wealthiest quarter in Cyprus. After a stroll around the Archbishopric, stop next-door at the Cyprus Folk Art Museum, where you can see a 16th-century Byzantine fresco and samples of traditional Cypriot pottery, embroidery, leather work, folk painting and more.

No trip to Nicosia would be complete without a walk down historic Ermou Street. End your stroll at Dot Cafe for a glass of local Zambartas wine or a Saturday brunch. Just blocks away is Chrysaliniotissa. Pamper yourself like they did back in at the last operational Turkish-style bath house in the city. Private baths can be arranged for couples or small groups.

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