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241. Deutsche Bank to slash 800 jobs as part of new cost-cutting initiative

Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....

242. The Turkish formula for Cyprus is challenging

A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...

243. EU lawmakers pass proposals to address migration crisis

European Union lawmakers on Thursday approved a series of proposals aimed at ending the yearslong standoff over how best to manage migration, a conundrum that has provoked one of the bloc’s biggest political crises....

244. 21st International Film Days Festival - Cyprus 2023

The 21st International Film Days Festival - Cyprus 2023 is set to begin on Friday, April 21st, at the Rialto Theatre in Limassol and the Zina Pallas in Nicosia. ...

245. Germany desperate for migrant workers to fill open positions

A new study carried out by the Cologne Institute for Economic Research has shown that the worker shortage in Germany has reached an all-time high level. ...

246. Cyprus extradites Kenan Agias to Germany

A Larnaca District Court approved the extradition of Kenan Agias, a 49-year-old Kurdish man, to Germany over his alleged involvement in a terrorist organization. ...

247. Cyprus tourism surges with 61% increase in Q1 2023

Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in the corresponding period of 2022, according to data published by the Cyprus Statistical Service on Tuesday....

248. More Greek riddles as Ukraine seeks S300

Ukrainian Defense Minister Oleksii Reznikov says his recent trips abroad including a visit to Cyprus have been 'very important' as Kiev still negotiates for Soviet-made missiles ahead of the next Ukraine Defense Contact Group in Germany...

249. Cyprus tops EU in granting temporary protection to Ukrainian refugees

According to data released by Eurostat, in February 2023, Cyprus recorded the highest ratio of Ukrainian citizens granted temporary protection per thousand people (1.1) among the EU member states with available data, followed by Czechia (0.9)....

250. Russian opposition leader Navalny grapples with severe stomach pain in jail

Alexei Navalny, Russia's most prominent opposition politician, is grappling with severe stomach pain in jail that could be some sort of slow-acting poison, his spokeswoman said on Thursday....

251. Cypriots aren't shying away from trendy Easter getaways

Cypriots seem to have resumed their travels vigorously, with many of our fellow citizens opting for long getaways for the Easter holidays. Speaking to K, Acta's spokesman, Harris Papacharalambous, said that demand is at pre-coronavirus levels for both inbound and outbound travel....

252. Cyprus IP Day – Celebrating innovation and creativity

On April 26th, 2023 Cyprus Intellectual Property (IP) Day will bring together acclaimed local and international speakers and IP experts sharing their insights and expertise on the importance of identifying, managing and protecting ones Intellectual Property. ...

253. Total of 126 asylum seekers in Cyprus sent to Germany

A total of 126 applicants for international protection, originating from Somalia, Afghanistan, Congo, Nigeria and Syria departed on Tuesday on the first chartered flight from Cyprus to Germany where they are being resettled....

254. North unhappy after US sub anchors in Limassol

Ankara and the Turkish Cypriot leadership repeated warnings over the weekend about Washington 'disrupting the balance' on the divided island, with their latest criticism targeting a deployed US attack submarine that anchored in Limassol...

255. Ukrainian defense minister hurries down to Cyprus

Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...

256. Macron's mission in China: Convincing Xi on Ukraine

257. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

258. Private jet flights in Europe reach record high in 2022

A recent report from Greenspace on carbon dioxide emissions from private aviation in Europe has shown that private jet flights reached an all-time high in 2022, and emissions more than doubled compared to 2021....

259. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

260. Cyprus transfers 76 refugees to France under EU relocation scheme

Yesterday morning, 76 applicants for international protection hailing from Syria and Afghanistan were transferred from Cyprus to France, marking the start of the voluntary relocation pilot program....

261. Eurostat: Cyprus 3rd highest percentage of foreign-born citizens

Eurostat, the statistical service of the European Union, has released data showing that Cyprus is one of the top countries in the EU for migration....

262. Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

263. Americans traveling to Europe for cheaper Beyonce tickets

American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....

264. Cocaine use in Cyprus low compared to European average

Larnaca and Limassol have the highest use of methamphetamine in Cyprus, according to a study conducted by the European Monitoring Centre for Drugs and Drug Addiction....

265. EU states need foreign workers and are changing their requirements

Working in EU: Recent Changes You Must Be Aware of If You Are Planning to Get a Job in Any of the Member States...

266. Michael Kyprianou Advocates – Legal Consultants announces opening of office in Tel Aviv

Cyprus’ leading law firm Michael Kyprianou & Co LLC announces the opening of a new international branch in Tel Aviv, Israel, further expanding the firm’s global reach....

267. Travel between US and Europe increased by 87% in February 2023

The recent data released from the International Trade Administration (ITA) has revealed that international air travel to and from the United States and Europe saw an increase of 87.1 percent in February 2023,...

268. Greece accuses woman of being Russian spy

Greece’s National Intelligence Service is accusing a shop owner in Athens of being a Kremlin asset, as security services throughout Europe have been cracking down on alleged Russian spies dubbed the 'illegals'...

269. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

270. EAC maintains dominant position in Cyprus' energy production market

The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....