Search

901. Kasoulides conveys need for reversal of actions in Varosha

Cyprus Foreign Minister, Ioannis Kasoulides, stressed, on Monday, the need for the implementation of the UN resolutions on Famagusta and for the reversal of Turkish actions in the fenced-off city of Famagusta during a meeting with the UNSG's Special Representative and head of the UN peacekeeping force in Cyprus, Colin Stewart, which lasted for about half an hour....

902. Bank of Cyprus posts net profit of €21 million in Q1

Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....

903. EY launches 2022 Better Working World Data Challenge to help tackle biodiversity loss

904. Varosha - Occupying forces opening another part of the beach

The Turkish occupying forces in Cyprus have started work to open up a new area along the beach in the fenced-off area of Varosha, on the eastern coast of Cyprus....

905. Bank of Cyprus to reduce its employees by 500 in 2022

906. Cyprus freezes creation of juvenile correctional facility

The parliament in the Republic of Cyprus has failed to approve funds allocated for a juvenile detention center, causing the country to remain the only EU member state without a proper correctional facility for young offenders...

907. Bike subsidy plan to be modified to benefit vulnerable groups

The Minister of Transport, Communications and Works, Giannis Karousos, announced today amendments to the Incentive Plan for the purchase of a bicycle in order to allow more vulnerable groups to apply for bike subsidies....

908. Cyprus population up by 9.2% since 2011

The population in the government-controlled areas of Cyprus as of the 1st of October 2021 stands at 918,100, recording an increase of 9.2%, compared to the results of the Census of Population taken in 2011 which stood at 840,400, according to preliminary results published by the Statistical Service on Wednesday....

909. Bioethics Committee in favor of euthanasia under strict guidelines

The Head of the Cyprus National Bioethics Committee Dr. Constantinos Fellas says that euthanasia could be introduced in society as long as it is not taking place unwillingly and that there has to be a strict framework of conditions in place....

910. Cacophony emerges as Cyprus stalls foreclosure bills

The finance ministry in the Republic of Cyprus is scrambling for new ways to overcome an awkward impasse on two crucial foreclosure bills, after opposition parties blamed the administration for not doing enough to have the European Commission go along with amendments to protect bad loan guarantors...

911. Greece experiencing significant staff shortages at hotels

Greek hotels are looking to fill 55,000 positions this summer, during what is expected to be a very busy season, according to hoteliers....

912. EC projects economic slowdown and rising inflation in Cyprus

The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....

913. FRONTEX: 57,800 illegal migrants have been detected at EU external borders

The number of illegal migrants detected at the EU borders by the standing corps officers of the European Border and Coast Guard Agency (Frontex) has spiked up in the four first months of 2022, compared to the same period last year....

914. C-sections in Cyprus reached 61% of all recorded births in 2021

Cesarean sections in Cyprus reached 61% of all recorded births in 2021, the President of the Midwives Committee of the Cyprus Nurses and Midwives Association, Stella Leontiou, has said....

915. 27 year old sentenced to two years in prison for starting fire

A 27-year-old man was sentenced today to two years in prison in connection with the fire that broke out near a state forest in eastern Limassol, on July 3, 2021, the same day as the catastrophic fire that followed in the mountainous Limassol - Larnaca....

916. Chinese embassy in Cyprus speaks out on extradition

The Chinese embassy in Cyprus has responded to reports in local media that accused Beijing of using scare tactics on the island to get a suspect extradited, with an official statement pointing to fake news and offering a different side to the story...

917. A total of €438,000 worth of bounced checks were recorded for the month of April

A total of €438,000 worth of bounced checks were recorded for the month of April, according to data announced by the CBC on Wednesday....

918. Tax incentives for businesses looking to relocate to Cyprus

The Cypriot government on Tuesday approved a bill with tax incentives aiming to attract talent and promote headquartering in Cyprus, in line with the Strategy for Attracting Businesses for Activities and/or Expansion of their Activities in Cyprus approved by the Council of Ministers in October 2021....

919. Trade deficit at €429 million in February and €729 million in March

The trade deficit in February amounted to €429 million, according to the final data on the month's trade published by the Statistical Service on Tuesday. Additionally, preliminary data from the Statistical Service show that the trade deficit for March 2022 reached €729 million....

920. EU parliament votes to keep EU Digital COVID Certificate in place until June next year

The Parliament of the European Union has given the green light to the Member States to keep the EU Digital COVID Certificate in place until June next year....

921. Mercedes launches first self-driving tech in Germany

The two flagship models from Mercedes-Benz, the S-Class and the all-electric EQS, will soon be able to be ordered with conditional self-driving tech in Germany. ...

922. Sweden has had fewer deaths in the pandemic than the majority of Europe

Sweden has logged one of the lowest pandemic death tolls in Europe despite its refusal to impose lockdowns, World Health Organization estimates suggest....

923. WHO: Covid led to 15 million deaths globally, not the 5 million reported

Almost three times as many people have died as a result of Covid-19 as official data show, according to a new World Health Organization (WHO) report, the most comprehensive look at the true global toll of the pandemic so far....

924. EY named a leader for ESG consulting services by independent research firm

EY has been recognized by research and advisory firm, Verdantix, as a leader for environmental, social and governance (ESG) services and sustainability consulting services in its latest report, Green Quadrant: ESG & Sustainability Consulting 2022 (pdf)....

925. Lower interest rates on deposits and consumer loans

A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022....

926. Man with schizophrenia convicted of premeditated murders

A man with schizophrenia has been convicted on premeditated murder charges for killing his wife and son in rural Nicosia last year, with the bench dismissing his insanity defense after finding there was no provocation...

927. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

928. Greece sets price ceiling on electricity

The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....

929. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

930. Protests erupt after potential US Supreme Court move to overturn abortion rights ruling

Anti-abortion activists and pro-abortion rights supporters took to the streets of Washington on Tuesday after news that the U.S. Supreme Court may overturn the 1973 Roe v Wade ruling that legalized abortion....