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421. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

422. Excess deaths down in EU but not in Cyprus

For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...

423. Elon Musk plans to create 'TruthGPT', a non-Liberal AI

Billionaire Twitter owner Elon Musk is again sounding warning bells on the dangers of artificial intelligence to humanity — and claiming that a popular chatbot has a liberal bias that he plans to counter with his own AI creation....

424. Cyprus coastline polluted with 0.2 pieces of garbage per square meter

There are 0,2 pieces of garbage in every square meter of sand in Cyprus, according to data on coastal marine litter, released by the EU’s EMODNET database, the Head of the Board of Directors of AKTIS Xenia Loizides told the Cyprus News Agency....

425. Russian opposition leader Navalny grapples with severe stomach pain in jail

Alexei Navalny, Russia's most prominent opposition politician, is grappling with severe stomach pain in jail that could be some sort of slow-acting poison, his spokeswoman said on Thursday....

426. Leaker identified as fit military leader with gun-worshipping gamer group

The Washington Post has traced the recent Pentagon intelligence leak to a man who shared hundreds of secret files with a small group of young gamers on a private Discord server....

427. Cypriot fund facing mighty resistance in Lukoil deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

428. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....

429. Greek minister on rare visit to Turkey as tensions ease

NATO members Turkey and Greece can resolve their disputes through peaceful means and dialogue, Turkey’s defense minister said after talks with his Greek counterpart Tuesday, in the latest sign of easing tensions between the rival neighbors...

430. Cyprus short-term rental bookings rebound in 2022, but still below 2019 levels

Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...

431. Cypriot professor Phoebe Koundouri honored for contribution to Science

On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....

432. Greeks get chills over American feta cheese

Greek authorities and local dairy industries are up against yet another case of feta imitation and the unlicensed use of the name of Greece’s most popular cheese...

433. Cyprus to surpass 1 million people while EU population to decrease by 6% by 2100

According to the latest population projections issued by Eurostat, the statistical service of the EU, the population of the bloc will decrease by 6% between 1 January 2022 and 1 January 2100, equivalent to 27.3 million fewer people. The population of Cyprus on the other hand is expected to pass 1 million by 2100....

434. BP and ADNOC's bold bid for the Leviathan field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

435. Eurostat: Cyprus 3rd highest percentage of foreign-born citizens

Eurostat, the statistical service of the European Union, has released data showing that Cyprus is one of the top countries in the EU for migration....

436. Ministry of Labor building may not be structurally sound

The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...

437. New migration scandal looms after network uncovered

A new scandal involving services for asylum seekers may have been inadvertently uncovered in Limassol, where arrest warrants have been issued amid strict rules for renewing driver permits and a black market designed to overcome restrictions...

438. Sustainability is the name of the game

The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...

439. EC pushing Cyprus to pass home VAT bill or risk sanctions

Cyprus is currently facing a serious issue with the 5% VAT rate for first-time homeowners. The European Commission has issued a final warning to pass a bill that regulates the issue that has been ongoing since 2020....

440. High prices continue to plague the market

441. One in two Cypriots considers it easy to start a business

Approximately one in two Cypriots considers it easy to start a business in Cyprus, according to the Global Entrepreneurship Monitor (GEM) Cyprus Report 2021/2022...

442. Majority of goods transported by sea in Cyprus and the EU in 2021

In 2021, maritime transport accounted for more than two-thirds (68%, 5 135 billion tonne-km; tkm) of the EU’s freight transport, the lowest share recorded in the past decade according to data released by Eurostat, the statistical service of the EU....

443. Eurostat: Women continue to outlive men in Cyprus

In 2021, life expectancy at birth was 81.3 years in Cyprus and 80.1 years in the EU according to data published by Eurostat....

444. Tax Department: €70 million in taxes refunded - €200 million to be collected

An intensive effort by the Tax Department in recent months has resulted in a refund of over €70 million in excess taxes, with an additional €200 million expected to be collected, according to Tax Inspector Sotiris Markides. He emphasized that the Department aims to clear all outstanding Company and Individual Returns by the end of 2023....

445. USA: House votes to declassify COVID origin report

The House voted unanimously Friday to declassify U.S. intelligence information about the origins of COVID-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic....

446. EAC maintains dominant position in Cyprus' energy production market

The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....

447. Price of eggs in Cyprus up by 23%

According to data released by Eurostat, food prices have significantly risen in 2022....

448. Nicosia among small European cities of the future

Nicosia ranks first in the category of small European cities of the future for human capital and lifestyle, according to the results of the European Cities & Regions of the Future 2023 global ranking....

449. Criticism grows as Europe pushes to restrict cars in cities

In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...

450. Complaints against lawyers increased in 2022

There has been an increase in the number of complaints filed against lawyers, which have been reviewed by the Cyprus Bar Association's Disciplinary Council. ...