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12° Nicosia,
19 November, 2024
 

News Stream

The 15 branches of Bank of Cyprus that are closing

The 15 branches of Bank of Cyprus that are closing

The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...

Cyprus feeling the effects of Russian flight ban

Cyprus feeling the effects of Russian flight ban

Cyprus' tourism industry is taking a huge hit from the lack of Russian and Ukrainian tourists, with an estimated loss of €600 million this year alone....

Staff shortages lead to travel chaos at European airports

Staff shortages lead to travel chaos at European airports

Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....

Legal chaos after president commutes life sentence

Legal chaos after president commutes life sentence

Critics in the world of justice in Cyprus are crying foul after the President offered clemency to a man whose life sentence early in an Ayia Napa quadruple murder trial made him a credible state witness who helped put away other defendants...

Expect isolated showers and thunderstorms today

Expect isolated showers and thunderstorms today

Alternating periods of sunshine and cloudiness during much of the day today, giving way to isolated showers and thunderstorms in the afternoon mainly in the mountains and inland....

Immigrant arrivals will more than double in 2022

Immigrant arrivals will more than double in 2022

The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....

No drama diplomat announces candidacy

No drama diplomat announces candidacy

Greek Cypriot chief negotiator Andreas Mavroyiannis announced his candidacy for president in next year’s election in the Republic of Cyprus, saying corruption will remain rampant unless the country is reunited once again into a 'proper state'...

KPMG in Cyprus will act as a technical service consultant for the Treasury of the Republic of Cyprus

KPMG in Cyprus will act as a technical service consultant for the Treasury of the Republic of Cyprus

KPMG in Cyprus will act as a technical service consultant, following participation in a public tender, for the provision of support to the Treasury of the Republic of Cyprus, in the framework of the implementation of the new eProcurement system....

Torrential downpours cause havoc in some parts of the island

Torrential downpours cause havoc in some parts of the island

Torrential downpours and heavy rains hit several areas of the island today, causing some havoc in certain areas and on some parts of the highways....

How likely is a Greek-Turkish military conflict?

How likely is a Greek-Turkish military conflict?

"Conflict over the Aegean Islands: Erdogan Threatens Europe with Next War." This is the title of a comment by the Greek-born editor-in-chief of the Munich newspaper Münchner Merkur, George Anastasiadis, on Turkey's new threats against Greece over sovereign rights in the eastern Aegean islands....

MAP S.Platis Group Pioneers 32-Hour Work Week for Staff This Summer!

MAP S.Platis Group Pioneers 32-Hour Work Week for Staff This Summer!

Following the success of its hybrid and flexible work schedule during the past two years, MAP S.Platis Group, a leading consulting, educational, and tech firm in the financial services and regulatory compliance sector in Cyprus, announces the launch of a four-day work week for its staff via its ‘Summer Afternoons’ programme....

Palestinian leader drops by Nicosia

Palestinian leader drops by Nicosia

The Palestinian leader embarked on an official visit to the Republic of Cyprus this week, just days after Washington restored a line of communication with him and while energy talk in the region continues...

Athens sees Ankara raising tensions

Athens sees Ankara raising tensions

Greek officials expect two moves by Turkey that will ratchet up tensions between the two nominal allies up another notch this summer, to levels not seen since 2020....

110,000 monkeypox vaccines set to be shipped to the EU

110,000 monkeypox vaccines set to be shipped to the EU

The European Union has reached an agreement for the purchase of 110,000 monkeypox vaccines, the Commissioner for Health and Food Safety, Stella Kyriakidou announced....

Investigation into big cat shipment to Mykonos

Investigation into big cat shipment to Mykonos

An animal rights group on Tuesday called for a judicial investigation into a shipment of two lions and a tiger that was allowed to go through customs in northern Greece, destined for the party island of Mykonos....

Five year plan to install AC units at schools underway

Five year plan to install AC units at schools underway

A five-year, 100 million euro program to install air conditioning units at schools was announced yesterday by Education, Culture, and Sports Minister Prodromos Prodromou....

British rape accuser drags Cyprus to court

British rape accuser drags Cyprus to court

A British young woman who was cleared of lying about a gang rape in Ayia Napa is taking the Republic of Cyprus to the European Court of Human Rights after police said they would not investigate allegations against Israeli teens...

Myth-buster: IFRS 17 an accounting standard for insurance contracts

Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

Deadly road crashes mar another holiday weekend

Deadly road crashes mar another holiday weekend

Three men were killed on the road in two different districts over the long holiday weekend, with Paphos police arresting a hit-and-run driver who says he panicked and Ayia Napa authorities confirming a young man was driving after consuming mood-altering drugs...

Our Shared Values Shine in Our Support for Ukraine

Our Shared Values Shine in Our Support for Ukraine

Even before Russia fired the first shots, the United States and European Union member states, including Cyprus, were united in their repudiation of the false pretenses used to initiate the conflict and clear-eyed about the growing danger Ukraine faced...

Hezbollah issues warning as Greek company goes deep

Hezbollah issues warning as Greek company goes deep

Tensions are rising in the eastern Mediterranean as a dispute previously thought to have been resolved between Israel and Lebanon was back on the agenda when a statement from Greek company Energean touched a nerve with Hezbollah...

President vows to carry on Zeta’s legacy

President vows to carry on Zeta’s legacy

Cyprus President Nicos Anastasiades bade farewell on Friday to Labor Minister Zeta Emilianidou, who passed away on Monday after suffering a cerebral aneurysm in May, noting that despite her achievements she remained humble, humane, a respectable lady and that he feels proud of her work...

ER doctor gets suspended sentence in boy’s death

ER doctor gets suspended sentence in boy’s death

An ER doctor in Larnaca received a suspended sentence on Friday for the death of a young student, whose fatal head injury during gym class had gone unnoticed after an X-Ray at the hospital...

Volunteerism czar pleads not guilty to faking resume

Volunteerism czar pleads not guilty to faking resume

A former volunteerism commissioner, who resigned his post last year amid allegations he had lied on his school report and professional resume, has pleaded not guilty with his new lawyer arguing his client was not getting a fair shake in the media...

Earthquake off Cypriot south coast shakes island

Earthquake off Cypriot south coast shakes island

An early morning earthquake shook Cyprus on Friday just off the coast of Larnaca, felt by people across the island and region...

Greek court overturns seizure of Iran tanker’s oil

Greek court overturns seizure of Iran tanker’s oil

A court in central Greece has overturned a ruling that authorized the confiscation of crude oil from an Iranian-flagged tanker at the center of a volatile dispute over international sanctions...

Cyprus grieves over loss of beloved minister

Cyprus grieves over loss of beloved minister

Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...

Worker gets arrested after going to hospital

Worker gets arrested after going to hospital

A construction worker in Limassol who visited the Emergency Room after injuring himself ended up in handcuffs after suspicions were raised over labor law violations...

Road victim tried to flag down bus that killed him

Road victim tried to flag down bus that killed him

New details emerged in a fatal accident investigation involving a bus and a pedestrian on a highway south of Nicosia, with reports saying a foreign male on foot had crossed lanes to wave down the driver...

Deadly arsonist was upset over relatives helping ex

Deadly arsonist was upset over relatives helping ex

Details about a possible motive have emerged in an apparent murder-suicide in Limassol, with reports suggesting the suspect who set a house on fire was upset over his relatives maintaining good relations with his ex and her daughter...

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