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31. Methamphetamine use in Cyprus under scrutiny

A pan-european Wastewater Analysis Survey shows that there is a significant use of methamphetamine in Cyprus, but there are lower levels of use than the European average for other substances. ...

32. Greek and Cypriot banks forge partnerships for regional infrastructure projects

The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....

33. European Parliament approves landmark regulation on AI use

In a landmark decision, the European Parliament Plenary in Strasbourg voted today to approve a new regulation aimed at safeguarding fundamental rights, democracy, the rule of law,...

34. The feathered ''employees'' of Akaki Grove

When Elena Christoforou was five years old, her godfather, who lived in England, had given her a BBC videotape, a series narrated by David Attenborough ...

35. Joint statement by EU, Cyprus, UAE, US, and UK leads aid effort to Gaza

In a joint statement, the European Commission, Cyprus, the United Arab Emirates, the United States, and the United Kingdom have announced the activation of a maritime corridor to provide humanitarian assistance to Gaza....

36. XM invests in ARIS for future entrepreneurs

XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....

37. Vasilikos scandal unveiled: €250,000 spent, recommendations ignored

The decision made by the Nicos Anastasiades government in 2016 to shift away from failed attempts to introduce F.P. by constructing a terminal at Vasilikos initially offered hope for resolving an 11-year dilemma....

38. US senators allow F-16 sale to Turkey despite concerns

US senators declined on Thursday to block the sale of F-16s to Turkey, despite voicing deep disdain for Turkey’s conduct as an ally. They were upholding an unofficial bargain that Turks would get the fighter jets if they stopped blocking Sweden’s accession to NATO....

39. Greek cabinet unlocks potential for ''smart'' military development

Marking the first step toward establishing the framework necessary to enable the creation of a “smart” army, the cabinet on Thursday......

40. EY survey: Cybersecurity tops global CROs' concerns

EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....

41. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

42. Cyprus unveils plans for world's first virtual dance museum

In the heart of ancient Nicosia, Cyprus, a team of innovative professors and research scientists is making waves in the world of virtual dance. Nestled near the city's medieval wall, they are crafting the largest database of 3D dancers, aiming to establish the world's first virtual museum of dance....

43. Greek government to sell its stake in Piraeus Bank, anticipates high demand

Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....

44. Porsche's new Panamera e-hybrids: Faster, greener, better

Porsche presents two new e-hybrid variants of the Panamera...

45. EU unveils stricter fiscal rules for member states

The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...

46. Bank of Cyprus posts nearly half a billion euro profit in 2023

Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....

47. ECOMMBX Teams Up with NBA Sensation Sasha Vezenkov in a Groundbreaking Partnership

In an electrifying announcement that has the sports and business worlds abuzz, ECOMMBX is thrilled to unveil NBA star Sasha Vezenkov as its new brand ambassador. This dynamic partnership marks a significant milestone in ECOMMBX's journey, symbolizing an era of unparalleled excitement and growth....

48. Cyprus faces €40M setback in smart meter implementation

A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....

49. Lawmakers debate landmark same-sex marriage bill

In an ironic twist, Greek lawmakers began a heated debate on Valentine's Day over a landmark bill proposing the legalization of same-sex marriage. If approved, Greece would become the first Orthodox Christian country to legalize such unions....

50. Porsche unleashes powerhouse Taycan with enhanced performance

Higher, faster, further and coming to Porsche Centres in the spring of 2024....

51. Cabinet approves €17M sponsorship scheme for business energy upgrades

The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....

52. Porsche's latest Taycan surprises with 587km real-world range

Initial test drives with pre-series Taycan between Los Angeles and San Diego showed that the new generation of the electric sports car has a total range of up to 587 kilometres....

53. Macan sets new standards: the first all-electric SUV from Porsche

54. Will the far-right push Germany towards a Dexit?

In an exclusive interview with the Financial Times, Alice Weidel, leader of Germany's far-right Alternative für Deutschland (AfD), expressed support for a ''Dexit'' referendum, citing the UK's Brexit as a model for Germany. ...

55. Mythologizing Nikos Koshis

The portrayal of Nikos Koshis as a role model for combating organized crime, being showcased on various TV stations whenever crime rates surge, has consistently caused me significant embarrassment....

56. Germany's model links retirement age to life expectancy

The consequences of an aging population have for many years been a headache for many countries, including Greece, and have provoked opposition from many politicians and public opinion,...

57. Dr. George Georgiou of UNIC awarded the ''Cyprus Research Award – Young Researcher 2023'' by RIF

Dr. George Georgiou from the Department of Languages and Literature of the University of Nicosia has been awarded the prestigious ''Cyprus Research Award – Young Researcher 2023'' ...

58. Arnold Schwarzenegger detained at Munich Airport over unregistered luxury watch

Arnold Schwarzenegger, the renowned actor and former Governor of California, has encountered a legal hurdle at Munich Airport where he is reportedly being detained and questioned under tax law....

59. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

60. Greek millionaire's $2M gift transforms village

In a surprising twist of fate, the legacy of a frugal Greek millionaire, Steven Zonas, unfolded in 1980, revealing a hidden fortune that transformed his native village, Mexiates in Phthiotis, Greece....