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12° Nicosia,
05 February, 2025
 

News Stream

FTX's European operations suspended indefinitely

FTX's European operations suspended indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

Katie Clerides campaigns for Averof Neophytou, calls for DISY unity

Katie Clerides campaigns for Averof Neophytou, calls for DISY unity

Messages in favor of unity in the ruling Democratic Rally (DISY) party on the occasion of a memorial service of its founder and former President of the Republic Glafcos Clerides and the visit of independent candidate Nikos Christodoulides to the occupied Maronite villages were the main developments in the election campaign during the weekend....

Spyware and political games

Spyware and political games

The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...

Man wanted for 760m euros worth of fraud arrested at Larnaca airport

Man wanted for 760m euros worth of fraud arrested at Larnaca airport

On Sunday night, a 49-year-old man who is wanted by Chinese authorities on an international warrant in connection with a fraud case was apprehended at Larnaca airport....

President defers foreclosure mess to attorney general

President defers foreclosure mess to attorney general

Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...

Stakes are high as Cyprus seeks new archbishop

Stakes are high as Cyprus seeks new archbishop

The Holy Synod in Cyprus is gearing up for high-stakes elections after Archbishop Chrysostomos was laid to rest on Saturday, following a funeral service officiated by Ukraine-backer Bartholomew whose historic trip from Istanbul foreshadows a colossal dilemma of epic consequences for the island and the orthodox world at large...

Another British man dies while crossing the road

Another British man dies while crossing the road

A British man died in a road accident over the weekend after being struck by a car on a coastal road in Paphos, where another fatality and other car accidents involving pedestrians have been piling up this month...

Cyprus regulator to suspend FTX's license

Cyprus regulator to suspend FTX's license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

400-500 Hellenic employees to be made redundant

400-500 Hellenic employees to be made redundant

On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....

Finance Minister calls for the repeal of foreclosure suspension

Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

Temporary hiring boosts government employment by 0.5% year on year in October

Temporary hiring boosts government employment by 0.5% year on year in October

Total government employment in Cyprus rose by 0.5% year on year in October reaching 53,271 persons compared to 53,008 persons in October last year....

How Turkey's 'Blue Homeland' doctrine came to be

How Turkey's 'Blue Homeland' doctrine came to be

Fresh fuel was thrown onto the already volatile Greek-Turkish relationship in 2019 in the form of a map that was made public in a photograph that had Turkish President Recep Tayyip Erdogan standing in front of it....

Post-Brexit UK streamlines EU student visas

Post-Brexit UK streamlines EU student visas

Brexit, the legal action initiated by the United Kingdom to leave the European Union, did have an impact on every field, including education....

Slower economic growth expected towards end of year

Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

Tomatoes and potatoes now regarded as luxury items

Tomatoes and potatoes now regarded as luxury items

The Consumer Protection Agency published the retail prices of basic consumer goods on Friday with a reference date of 9/11/2022. The retail prices show significant price increases for potatoes and tomatoes and price decreases for some fish and legumes....

Pseudo state admitted as observer to Organization of Turkish States

Pseudo state admitted as observer to Organization of Turkish States

According to Kibris Postasi, Turkish Foreign Minister Mevlut Cavusoglu announced that the occupied territories have been admitted to the Organization of Turkish States as observers....

COVID: 10 deaths and 3,625 new cases

COVID: 10 deaths and 3,625 new cases

The Health Ministry announced on Friday that between November 4 and November 10, six deaths occurred due to COVID-19. ...

Temporary residence permit granted for Mohamed Kamara

Temporary residence permit granted for Mohamed Kamara

Mohamed Kamara, the 41-year-old former African footballer (Nea Salamina, Doxas, Olympiacos Nicosia), has been granted a special permit that will last until the end of July 2023. This directive comes from the minister of the interior....

Paphos and Seville named European Capitals for Smart Tourism 2023

Paphos and Seville named European Capitals for Smart Tourism 2023

The city of Paphos was officially named the European Capital of Smart Tourism for 2023, according to its Mayor Phedon Phedonos....

Republicans move towards a majority in the House

Republicans move towards a majority in the House

Republicans edged closer on Thursday to securing a majority in the U.S. House of Representatives while control of the Senate hinged on a few tight races, two days after Democrats staved off an anticipated "red wave" of Republican gains in midterm elections....

Musk's first email to Twitter staff: No more telecommuting

Musk's first email to Twitter staff: No more telecommuting

Elon Musk, the platform's new owner, informed Twitter staff in his first email that "difficult days are ahead." After firing 50% of the staff, Musk's first significant move was to outlaw telecommuting unless he personally approved a request....

The Commission is pushing for regulation of Airbnb-style lodgings

The Commission is pushing for regulation of Airbnb-style lodgings

As part of its efforts to promote transparency in the short-term rental sector, the Commission adopted on Monday a proposal for the regulation to improve transparency and assist public authorities in ensuring the sector's balanced development in the context of sustainable tourism....

EY: Modernization of the Government's web presence – The redesign of the Government websites

EY: Modernization of the Government's web presence – The redesign of the Government websites

EY Cyprus has signed the contract for the modernization of the web presence of the Republic of Cyprus, through the redesign of the Government’s websites, which will now be accessible through a new digital portal, the gov.cy. ...

British Airways goes gender neutral

British Airways goes gender neutral

British Airways will allow male pilots to wear make-up and carry handbags in an overhaul of the airliner's strict uniform rules....

November Newsletter of K. Treppides & Co Ltd: European Banking Authority

November Newsletter of K. Treppides & Co Ltd: European Banking Authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

Eliades: 'Cyprus a haven for every kind of illegal activity' thanks to government

Eliades: 'Cyprus a haven for every kind of illegal activity' thanks to government

The preliminary findings of the report issued by the PEGA investigation committee, the works carried out at the Limassol Municipal Garden, and the delimitation of the Exclusive Economic Zones between Cyprus and Greece were the subject of press releases issued by presidential candidates on Wednesday....

Archbishop to lie in state until funeral on Saturday (images)

Archbishop to lie in state until funeral on Saturday (images)

Archbishop Chrysostomos will lie in state from Thursday until Saturday when his funeral service will be held on Saturday at St. Varnavas church....

Iranian protesters look to outside world for help

Iranian protesters look to outside world for help

The anti-government protests sweeping Iran are now in their eighth week, with no sign of ending, despite a bloody crackdown. The rest of the world has watched with alarm, with some countries taking steps in support of the protests....

Foreclosures on primary residences suspended until February 2023

Foreclosures on primary residences suspended until February 2023

The Association of Credit Acquisition Companies and Credit Facilities Managers (SEDP) announced on Thursday the suspension of foreclosures on the primary residences of vulnerable borrowers until February 2023. ...

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