Search

991. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

992. Turkey buying stolen Ukrainian grain from Russia

Kyiv's ambassador to Ankara said on Friday Turkey is among the countries that is buying grain that Russia stole from Ukraine....

993. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

994. Global IPO market experiences significant slowdown in Q1 2022

995. 885,000 passengers passed through Larnaka and Pafos airports in May

According to a press release by Hermes Airports, passenger traffic in May is at 78.3% of the corresponding month of 2019, a year in which a record passenger traffic was recorded at Larnaka and Pafos airports....

996. Australia’s High Commissioner visits Minthis

Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...

997. Cyprus' unemployment rate down from 8.4% to 5.4% compared to last year

The seasonally-adjusted unemployment rate in Cyprus reached 5.4% in April 2022, decreasing from 5.8% last month and from 8.4% in April 2021, according to figures published by Eurostat, the statistical office of the European Union....

998. Industrial prices soar by 19.5% in Cyprus

Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....

999. Man sentenced for beach rape in Ayia Napa

A man in Cyprus has been sentenced to prison on rape charges after a young woman last year told police she was molested in the water in broad daylight near a beach bar in Ayia Napa...

1000. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

1001. Awards for Lidl Cyprus Human Resources Department

Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...

1002. European unity tested as talks on Russian oil embargo drag on

Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....

1003. CBC: Cryptocurrencies are a potential risk to the economy

Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....

1004. Woman says bishop sexually assaulted her as a teen

Former Kition bishop Chrysostomos is facing more sexual assault charges after his acquittal in a rape case last year, with a new female accuser saying he assaulted her when she was seeking orphan aid from the church at the age of 16...

1005. First time asylum seekers in EU increase by 85% in February

In February 2022, first-time asylum applications by persons who applied for international protection in EU member states increased by 85% compared to February 2021 and by 3% compared to last January, according to the latest monthly asylum data published by Eurostat, the EU’s statistical service....

1006. Greece rejects Turkish claims in the Aegean

The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....

1007. Cyprus ranks third with 58% of population having a tertiary education degree

41 percent of young adults across the European Member States have completed tertiary education, with women being the leading gender....

1008. Pro-vax dad wins appeal against anti-vax mom

An appeals panel in the Republic of Cyprus has ruled that a district judge was wrong in siding with the mother of two teenage girls, whose father had sought a court order to get the girls vaccinated for coronavirus over mom’s objection...

1009. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

1010. EC: Actions in Varosha a step in the wrong direction

Both Turkey and the Turkish Cypriot leadership are fully aware of the position of the European Union on Varosha, Commission spokesperson Stefan De Keersmaecker told the Cyprus News Agency, responding to a question on the opening of more parts of the beach of the fenced-off area, which he said was a step in the wrong direction....

1011. Erdogan says he will no longer talk to Greek PM

Turkish President Recep Tayyip Erdogan said Monday he would cease talking to Greek Prime Minister Kyriakos Mitsotakis and cancel a key meeting between their two governments, accusing the Greek leader of antagonizing Turkey....

1012. Lebanese banks in Cyprus to shut down amid the country's financial crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

1013. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

1014. Cyprus exports up by 55% in Jan-Feb 2022

Total exports of goods to the EU Member States and to third countries in January - February 2022 increased by 55.2%, compared to the same period last year, according to the monthly report published by the Statistical Service of Cyprus. ...

1015. 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....

1016. 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....

1017. EY launches 2022 Better Working World Data Challenge to help tackle biodiversity loss

1018. 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....

1019. Bank of Cyprus to reduce its employees by 500 in 2022

1020. 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...