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601. Banking sector to cut 600 more employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....

602. Bolton: If Putin presses the button, the US will assassinate him

Former White House security adviser John Bolton said on Tuesday that if Russian President Vladimir Putin decides to use nuclear weapons in Ukraine, the US may assassinate him....

603. Ending Cyprus' energy isolation

After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....

604. Women account for nearly two-thirds of patients with long Covid-19

According to the most comprehensive study of its kind to date, 63.2 percent of people with long-term Covid-19, or nearly two in three, are women. 6.2% of people with Covid-19 have infection symptoms that last at least three months. 15% of people with long-term Covid-19 have one or more persistent symptoms for at least a year....

605. The ECB's next steps were documented in Limassol

The two-day conference of Central Bank Governors in Limassol is a strong contender to serve as the foundation for decisions on monetary policy and inflation strategy to be made in the coming period. ...

606. WHO regional office to be set up in Larnaca

The new regional World Health Organization office to be established in Larnaca will help upgrade the level of public health in Cyprus and its surrounding region said Minister of Health Michalis Hadjipantela on Thursday....

607. OPEC and Russia agree to cut oil production by 2 million barrels a day

OPEC and its allies, including Russia, approved a two million barrel-a-day cut in oil production on Wednesday, its first large reduction in output since the early days of the pandemic....

608. Von der Leyen: Temporary cap on gas prices

The European Commission is now moving towards a temporary cap on gas prices and a common supply of energy products, Commission President Ursula von der Leyen said in a speech to the European Parliament on Wednesday morning....

609. EC calls for state-funded compensation for victims of trafficking

The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....

610. Greeks challenge legitimacy of Turkey-Libya deal

Libya's Tripoli government signed a preliminary deal on energy exploration on Monday, prompting Greece and Egypt to say they would oppose any activity in disputed areas of the eastern Mediterranean...

611. Urgent bill on back burner as Lone Star sleeps on it

The Cypriot parliament was in no hurry on Thursday to vote on an emergency bill that would have allowed the government to block a potential takeover of the island’s largest bank, after an American private equity fund said it would sleep on it at least until next year. ...

612. Kasoulides on Bloomberg: Cyprus concerned by Aegean Sea rhetoric (video)

Cyprus is wary of getting drawn into a potential conflict between Greece and Turkey as rhetoric between the countries intensifies, Cypriot Foreign Minister Ioannis Kasoulides said....

613. Self-employed more at risk of poverty in Cyprus and EU in 2021

In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....

614. NETFLIX airs film on Cypriot 'utopian' prison

The highly-anticipated NETFLIX documentary on Cyprus’ central prison aired this week, with the star of the series showing disbelief at the 'utopian' penitentiary that went from suicides to weddings under the direction of a reformist warden...

615. EY Cyprus to present findings of 2nd ΕΥ Attractiveness Survey at Cyprus Attractiveness Forum: Investment Realized on 25 October

EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....

616. The new and enhanced 'Cyprus Experience'

The new image of the pavilions as part of Cyprus' new tourism identity was presented for the first time by the Deputy Ministry of Tourism at the IFTM 2022 tourism exhibition in Paris....

617. Nouris: More foreign companies setting up shop in Cyprus

The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...

618. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

619. Self check-in and robots - the future of tourism in Cyprus

620. Kyriakides: Increased cancer screening in the EU imperative

A proposal for a new cancer screening system, which seeks to improve the early detection of cancer, was presented today by Health Commissioner Stella Kyriakides on behalf of the Commission....

621. Tourist arrivals up by 40%, most on holiday

Tourist arrivals increased by 40.2% in August 2022, rising to 451,133 compared to 321,858 in August 2021....

622. Gender pay gap in Cyprus at 9%, needs improvement

Commissioner for Gender Equality, Iosifina Antoniou, in her statement for International Equal Pay Day, highlights the long-standing struggles to achieve equal pay for work of equal value between men and women, noting that the wage gap in Cyprus continues to exist and stands at 9%....

623. Turkey threatens Cyprus and East Med security over arms issue

Turkey has threatened Cyprus and the Eastern Mediterranean and condemned the United States after the US decided to lift an arms embargo on Cyprus....

624. Consumer watchdog releases price index for September on basic consumer goods

The Consumer Watchdog has released the price index for basic consumer goods for the month of September....

625. Western retaliation against Ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

626. US lifts embargo on Cyprus but with Russian caveat

Washington says it will go all the way in lifting an arms embargo on the Republic of Cyprus starting next month, but defense trade restrictions could be reapplied at any time if Nicosia fails to implement certain steps against Russia...

627. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

628. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

629. Cyprus hopeful about EU migration pact

The interior ministry in the Republic of Cyprus says an EU council draft that makes adoption of asylum and migration rules a priority includes a Green Line reference, seen by Nicosia as an important step in its attempt to block flows from the northern part seen by the south as 'instruments of Turkey'...

630. 150% increase in foreign direct investment - 600% increase in the technology sector

Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....