Search

631. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

632. COVID origin debate back in the news

A new classified report in the United States says COVID-19 was probably the result of a laboratory leak, fueling further debate on the origins of the pandemic as a House subcommittee prepares to tackle the issue that has divided the world politically and scientifically...

633. Germany turns to foreign and migrant workers to fill positions

Germany has decided to turn to migrants as well as foreigners to try and fill job positions as the country continues to face a growing crisis....

634. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

635. 'My Big Fat Greek Wedding 3' hits theaters on September 8th

The third installment in the beloved "My Big Fat Greek Wedding" franchise will arrive later this year....

636. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

637. Ayia Napa Marina: Delivery of luxury homes begins with Beach Villa 6

Ayia Napa Marina, the iconic award-winning mixed-use development, has officially begun delivery of its luxury villas, with Beach Villa 6 already handed over to its owner. ...

638. Man arrested in Cyprus drops bombshell Biden allegation

A professor from Israel, who was arrested in Cyprus on a US warrant, says his prosecution is politically motivated and further alleges that the Justice Department is trying to discredit him over dirt he has on Hunter Biden’s deals with China...

639. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

640. Building materials at their highest since 1986

The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100), recording an increase of 12.25% compared to the same month of the previous year, according to data published by the Statistical Service on Friday....

641. Is Europe ready to accommodate older travelers?

As the world’s population is growing older, the tourism industry will have to adjust, meaning that tourism should be more accessible and inclusive for this category of travelers....

642. Condemned nursing home left to operate for years

Despite a report submitted by the Greek Ombudsman listing a series of serious failings in the operation of a condemned nursing home in the Piraeus suburb of Keratsini and orders for its closure dating back three years, the facility continued to operate and take in new patients....

643. PwC: 5.2 billion in real estate transactions in 2022

Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...

644. The 'Baby Grant' continues: Amounts and Benefits

It is still possible to receive the "Baby Grant" which is a subsidy of 1,750 euros given to eligible recipients and includes supplies such as furniture, linens, items for personal hygiene and care, and clothing for up to two years....

645. Cyprus Land Development received 11.1 million from the passport program

The Cyprus Investment Program, also known as the passport program, brought in €11.17 million for the Cyprus Land Development Corporation between 2019 and 2022....

646. NGO calls on Cyprus authorities to implement ban on lead pellets

Lead shot ammunition in wetlands is illegal in all 27 EU countries including Cyprus, as well as Iceland, Norway, and Lichtenstein, BirdLife Cyprus announced and called on local authorities once more to ensure that non-lead pellets are being used in hunting areas that are found close to or within wetlands....

647. Nikos Christodoulides is now the 8th President of the Republic of Cyprus

After all the campaigning, the name-calling, an unprecedented split in one of the nation’s oldest parties and even the bitterness emanating from certain candidates who lost in the first round, it’s finally over. ...

648. Another Briton jailed for sex crimes dies in Cyprus

A convicted sex offender who was serving a prison sentence in Cyprus died on Friday, marking the second death of a British national within the island’s penitentiary system this year in connection with sex crimes...

649. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

650. FT report details secret meetings between Mitsotakis, British Museum chair

The secret meetings between Greek Prime Minister Kyriakos Mitsotakis and British Museum chair George Osborne as they explore a deal to end the dispute over the Parthenon Marbles are documented in a report published in the Financial Times on Friday....

651. Australian government removes Chinese-made surveillance cameras

Australia's defense department will strip its buildings of Chinese-made security cameras to ensure they are "completely secure", the government said on Thursday....

652. Apartment prices continued its upward momentum in Q4 2022

Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....

653. Cabinet approves subsidies to fund digital business upgrades

At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....

654. Which names are being floated for the position of Finance Minister?

The new ministerial team will be assembled beginning Monday, February 13. Nicos Christodoulides and Andreas Mavroyiannis, the two candidates for the Presidency of the Republic of Cyprus, will bring in new faces to staff their Ministries....

655. 'Mortgage to rent' plan approved

The Cabinet has approved the Treasury's proposal to establish a "rent versus installment" scheme known as mortgage to rent....

656. Syrian dad regrets tough stance on daughter’s hijab

A judge in Limassol has sentenced a man from Syria and his wife on assault and psychological violence, following a complaint filed by their daughter who broke the family’s hijab wearing rules...

657. DISY will now face difficult decisions

The embarrassed expressions on the faces of government and DISY executives who had rallied around Averof Neophytou after his defeat were indicative of the difficult dilemmas DISY will face in the coming day. ...

658. Secrets of the A380: What passengers never see

659. Cyprus' conservatives in tight spot after first round

The conservative ruling party in the Republic of Cyprus is facing a “serious dilemma” this week ahead of a runoff presidential election on Sunday, with statements by DISY members already signaling a tight spot for the Right...

660. Cyprus records another prison death as suicide

Officials in Nicosia Central Prisons in the Republic of Cyprus went on alert on Friday following the death of an inmate, whose body was found hanged in the shower...