News Stream

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. ...

Report claims 3-4 companies produce spyware in Cyprus

Cyprus's parliament opened an inquiry on Wednesday into the development of spyware on the island, after a draft European Parliament committee investigation report said it was an important export hub for the surveillance industry....

USA: Republican 'red tide' fails to sweep US midterms

Republicans are favored to win the House of Representatives, but the fight for the Senate is on a knife edge....

Sean Penn loans his Oscar to Zelenskiy in a symbolic gesture

Hollywood actor and director Sean Penn, sanctioned by Russia for criticizing its war in Ukraine, loaned his Oscar statuette to Ukrainian President Volodymyr Zelenskiy during a visit to Kyiv on Tuesday....

Consumer protection laws - 'Offers' that are real offers

Ms. Elena Papachristoforou, a consumer service and protection officer, explained the legal framework in consumer protection and the impact of the new amendments on consumers and traders on the radio show "News Release" on SPOR FM 95.0....

Anastasiades 'an ally and true friend' of Israel

At a special ceremony held today at the Presidential Residence in Jerusalem, the President of the Republic Mr. Nicos Anastasiades was awarded the Presidential Medal of Honor by the President of Israel Mr. Herzog....

Larnaca's new branded hotel (photos)

Solaar Hospitality's new hotel (formerly Michael's Beach Hotel) on the Larnaca-Dhekelia road is set to open in less than six months. The new hotel on the city's map will bear the name of an international hospitality chain and will open in April 2023 as the Mercure Beach Hotel Larnaca....

Covid: The decisions from today's meeting

Michael Hadjipantelas' meeting with the members of the Advisory Committee at the Ministry of Health has concluded. According to the Minister of Health's statements, an increase in the number of cases has been confirmed, and data on hospitalizations were analyzed during the meeting to create a clearer picture....

Zuckerberg says 'sorry' as Meta lays off 1,000 employees

Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....

More people are working from home thanks to the pandemic

The proportion of those employed that work from home in the European Union has increased after the COVID-19 pandemic, according to data released by Eurostat, the statistical service of the EU....

Looking for a strategy to suspend foreclosure sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

Cyprus airways: Flights to Paris and Rome begin (schedule)

Cyprus Airways announced today that it will begin three weekly flights to Charles De Gaulle Airport in Paris on December 16 and two weekly flights to Fiumicino Airport in Rome on December 20....

Former Cyprus footballer from Sierra Leone being deported after 20 years

The story of Mohamed Kamara was brought to light by the publication of the newspaper "Haravgi." The 41-year-old African former footballer (Nea Salamina, Doxa, Olympiacos Nicosia) has lived in our country for 20 years and raised three children (14, 11 and 5 years old)....

Kyriakides: 2.7 million people diagnosed with cancer every year in EU

Commissioner for Health Stella Kyriakides will participate in the conference of the Association of European Cancer Leagues (ECL) and the Cyprus Oncology Conference during a visit to Cyprus between Friday November 11th to Monday November 14th....

Israel to award Anastasiades with medal of honor

The Israeli Presidency announced on Tuesday evening that Cyprus President Nicos Anastasiades will be awarded on Wednesday the Presidential Medal of Honor by his Israeli counterpart Yitzhak Herzog....

CMP: More human remains discovered in Troulli excavation site

Two members of the Committee on Missing Persons in Cyprus (CMP), Leonidas Pantelides, from the Greek Cypriot office and Hakkı Müftüzade from the Turkish Cypriot office visited the excavation site in Troulloi/Trulli on the 7th of November, where human remains had been discovered....

Biden: Late Archbishop 'a man of courage and conviction'

US President Joe Biden has described the late Archbishop Chrysostomos II as a "man of remarkable conviction and courage who led Cyprus’ Greek Orthodox Christian Church with grace during a pivotal period."...

64% of distressed state loans eligible for 'Oikia' scheme

The applications for the Oikia scheme for distressed borrowers have reached 64% of the total eligible loans, according to the Housing Finance Corporation. In total, 1,223 applications, valued at €115m have been submitted, out of 1,948 eligible loans, valued at €179m....

Cyprus looking for a piece of the US market

Tourism Deputy Minister Savvas Perdios has revealed plans for “opening up” the US tourism market, with a visit to New York and Washington DC penned in for January....

EU states should share responsibility for migrants, says Pope Francis

Pope Francis said on Sunday that European Union member states should share responsibility for taking in migrants and not just leave it to the countries where people arrive....

Anastasiades' last hurrah

President Anastasiades is on his final diplomatic tour in the region before the end of his term, beginning with multilateral contacts in Egypt, where he has been since last Sunday in the framework of COP-27. ...

A Memorandum of Understanding was signed between UCLan Cyprus and Wargaming

A Memorandum of Understanding was signed between UCLan Cyprus and Wargaming at the premises of UCLan Cyprus on the 31st of October. ...

Anastasiades urges world leaders to go climate neutral

President of Cyprus Nicos Anastasiades asked world leaders to walk the road towards climate neutrality and a future of green, sustainable, resilient economies and societies, during his intervention at the COP27, in Sharm el Sheikh on Tuesday....

Cyprus and Jordan pull together to bring more tourists to the region

A collaboration between Cyprus and Jordan on tourism was revealed on Monday night by the two countries’ ministers during a social event at London’s City Hall at the end of the first day of the World Travel Market....

Slump in car sales recorded in October

Total car sales dropped significantly in October 2022 compared with the month before mainly due to the steep drop in passenger saloon cars....

Initial PEGA report - Cyprus is an appealing destination for spy goods

Effective management of the migration issue

Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....

FT: Former PWC Cyprus accountants take on company's Russian clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

Six day mourning period in honor of Archbishop Chrysostomos II

The Council of Ministers decided on Monday afternoon to declare a six-day public mourning, from November 7 to November 12, after Archbishop of Cyprus Chrysostomos II passed away yesterday morning....

Health Minister: Over 200 million euros spent to tackle Covid pandemic

Health Minister, Michalis Hadjipantela, said on Monday that more than 200 million euros have been spent since 2020 to tackle the COVID-19 pandemic....