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12° Nicosia,
19 January, 2025
 

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Freeze on home foreclosures likely to continue

Freeze on home foreclosures likely to continue

As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....

Halloumi talks continue as stakeholders seek common ground

Halloumi talks continue as stakeholders seek common ground

In a meeting lasting over four hours on Monday evening at the Agricultural Research Institute in Aglandjia, discussions on the issue of halloumi concluded with a concise announcement from the Ministry. It was decided to continue talks with different stakeholder groups individually....

Which European country bears the brunt of energy costs?

Which European country bears the brunt of energy costs?

The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023....

The Queen is naked

The Queen is naked

The fairy tale of Hans Christian Andersen about the king who believed he was wearing splendid clothes while, in reality, he was naked, seems to be a fitting analogy for the situation of the European Union and its external policy....

FT: Netanyahu called on EU to pressure Egypt to accept Gaza refugees

FT: Netanyahu called on EU to pressure Egypt to accept Gaza refugees

Israeli Prime Minister Benjamin Netanyahu sought to convince European leaders to put pressure on Egypt to accept refugees from Gaza, according to people briefed on the discussions....

Limassol police investigate mafia execution of Thanasis Kalogeropoulos

Limassol police investigate mafia execution of Thanasis Kalogeropoulos

The Limassol Criminal Investigation Department (CID) is closely scrutinizing the details surrounding the contract murder and mafia-style execution of 55-year-old Thanasis Kalogeropoulos. Investigations are ongoing to identify both the individuals responsible for the crime and those who may have ordered it....

Halloween and All Souls Day: Cyprus unleashes spooky and quirky delights!

Halloween and All Souls Day: Cyprus unleashes spooky and quirky delights!

Cyprus, the sunny island in the Mediterranean, is gradually warming up to the enchanting world of Halloween. While it may not yet be a nationwide tradition, Cypriots are eager to embrace the spooky, kooky magic of the holiday....

Ministry secures €245 million boost for business growth in 2027

Ministry secures €245 million boost for business growth in 2027

A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....

Cyprus leads push for Gaza humanitarian corridor

Cyprus leads push for Gaza humanitarian corridor

Nicosia is actively pursuing the creation of a humanitarian corridor to provide much-needed aid to Gaza amid the ongoing Israeli-Hamas conflict and the Israeli Defense Forces' ground operations in the Palestinian enclave. ...

President engages European Commission on Gaza corridor proposal

President engages European Commission on Gaza corridor proposal

Nicosia's consultations regarding the proposal for a humanitarian corridor from Cyprus to Gaza are at an advanced stage, President Nikos Christodoulides said Monday announcing that tomorrow he will also have contact with the President of the European Commission on the matter....

October Newsletter of K. Treppides & Co Ltd: Financial Conduct Authority (FCA)

October Newsletter of K. Treppides & Co Ltd: Financial Conduct Authority (FCA)

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

Biden's cabinet seeks $105 billion aid for Israel and Ukraine

Biden's cabinet seeks $105 billion aid for Israel and Ukraine

Defense Secretary Lloyd Austin and Secretary of State Antony Blinken will make the case Tuesday that the United States should immediately send aid to Israel and Ukraine, testifying at a Senate hearing as the administration’s massive $105 billion emergency aid request for conflicts in those countries and others has already hit roadblocks in the divided Congress. ...

Dust and showers in the forecast

Dust and showers in the forecast

Today, Tuesday, the weather in our region promises a mix of conditions. Expect partly cloudy skies with the presence of occasional sparse dust in the atmosphere. ...

Labour Minister discusses pension relief proposal on SPOR FM

Labour Minister discusses pension relief proposal on SPOR FM

Greek Minister of Labour Yannis Panagiotou addressed the proposal to exempt the basic pension from the actuarial reduction of 12% for employees with 40 years of contributions during an interview with SPOR FM and the show Diaspora News....

Foreign Minister Kombos in Ramallah, announces economic aid for Palestinians

Foreign Minister Kombos in Ramallah, announces economic aid for Palestinians

Cyprus Foreign Minister Constantinos Kombos visited Ramallah on Monday to address the escalating tensions in the Middle East and explore the establishment of a maritime humanitarian corridor....

Greece and Cyprus key to evacuation plans for US citizens in Israel

Greece and Cyprus key to evacuation plans for US citizens in Israel

Key to the emergency plans devised by the United States and other Western nations for evacuating their citizens from Israel are Greece and Cyprus. ...

Fatal shooting of Thanasis Kalogeropoulos shakes Limassol

Fatal shooting of Thanasis Kalogeropoulos shakes Limassol

Tragedy struck on the morning of October 30th when 55-year-old Thanasis Kalogeropoulos became the victim of a fatal shooting on Amathus Beach Boulevard in Limassol. ...

UN warns of potential war crimes amid Israel-Gaza violence surge

UN warns of potential war crimes amid Israel-Gaza violence surge

The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....

DISY MEP Eleni Stavrou visits Israel amidst Middle East crisis

DISY MEP Eleni Stavrou visits Israel amidst Middle East crisis

Eleni Stavrou, a Member of the European Parliament (MEP) representing DISY, is currently on a visit to Israel, where she has been actively monitoring the evolving situation in the Middle East....

Israel's top businessman pushes for Netanyahu's exit

Israel's top businessman pushes for Netanyahu's exit

Amon Shaswa, the head of the technology company Mobileye and one of Israel's leading businessmen, made a compelling call on Sunday for the immediate removal of Prime Minister Benjamin Netanyahu and the replacement of his government....

Minister vows 'smart lights' rule over timers

Minister vows 'smart lights' rule over timers

In a recent presentation of the Ministry of Transport's 2024 budget to the Finance Committee, Minister of Transport, Alexis Vafeadis, categorically stated that there will be no timers installed at traffic lights until at least March or April 2024. ...

Israelis find sanctuary in Greece and Cyprus

Israelis find sanctuary in Greece and Cyprus

As the conflict with Hamas in Gaza intensifies, a growing number of Israeli citizens are seeking refuge in Greece and Cyprus....

Cyprus' passport ranks 21st worldwide thanks to its perks and power

Cyprus' passport ranks 21st worldwide thanks to its perks and power

Cyprus's passport is currently the 21st most powerful globally, with a total score of 104.00. This ranking considers not only travel opportunities but also taxation, global reputation, dual citizenship policies, and personal freedom....

Kombos embarks on diplomatic mission to Ramallah amidst Middle East tensions

Kombos embarks on diplomatic mission to Ramallah amidst Middle East tensions

In a pivotal move aimed at addressing the escalating tensions in the Middle East, Foreign Minister Constantinos Kombos is set to embark on a diplomatic mission to Ramallah, where he will engage in high-level discussions with his Palestinian counterpart, Riad Malki, along with other key officials....

Family mourns as Shani Louk confirmed dead

Family mourns as Shani Louk confirmed dead

A young woman who was kidnapped by Hamas and paraded half naked on the back of a truck is dead, her family has said....

Cyprus braces for migrant influx by expanding Pournara center

Cyprus braces for migrant influx by expanding Pournara center

The Minister of Interior, Mr. Constantinos Ioannou, has issued instructions to gradually expand the capacity of the First Reception Centre, Pournara, to accommodate a larger number of people. ...

Well-known individual gunned down in Germasogeia

Well-known individual gunned down in Germasogeia

Early Monday morning, authorities in Limassol were placed on high alert following a tragic incident. Initial reports indicated that around 8:00 a.m., a man was found dead in a vehicle in the Germasogeia area....

'Don't travel to Lebanon', says Foreign Ministry

'Don't travel to Lebanon', says Foreign Ministry

Cyprus’ Foreign Ministry advises Cypriot nationals with an updated travel advice, as of 29th October 2023, to avoid all travel to Lebanon....

Key economic issues dominate the headlines

Key economic issues dominate the headlines

Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...

TechIsland launches MarComms Community

TechIsland launches MarComms Community

TechIsland, Cyprus’ largest tech association with over 270 members, is set to launch a new professional group, the TechIsland MarComms Community. This initiative is aimed at fortifying the marketing and communications sector in the country’s rapidly evolving tech industry....

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