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391. 79% jump in consumer complaints this year

In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....

392. Greece rolls out 'climate resilience levy' to fund post-disaster reconstruction

In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...

393. Aging global shipping fleet raises environmental concerns

The global shipping fleet has reached its oldest average age in nearly 15 years, a concerning trend as the industry faces mounting pressure to adopt greener practices....

394.  President Christodoulidis announces Cabinet reshuffle

President Nikos Christodoulidis has announced a series of government appointments, effective Wednesday, January 10, 2023. The changes, made under constitutional authority, include:...

395. A government on fragile ground

In May 2022, Nikos Christodoulides announced his candidacy for the Presidency of the Republic, only to be overshadowed by the revelation of a partially plagiarized speech from Ioannis Kasoulides during the 2008 presidential election....

396. Cyprus welcomes 15 griffon vultures in battle for survival

In a renewed effort to save the endangered Cypriot Griffon Vulture, fifteen new arrivals from Spain landed in Cyprus in December....

397. Tension peaks in Cyprus natural gas development

The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......

398. Politico: Newly unsealed Epstein documents offer few insights into high-profile associates

Newly unsealed court papers related to Jeffrey Epstein include the names of a handful of famous men whose associations with the late sex offender were previously known, but the documents provide few new disclosures about the nature of their relationships....

399. UN Security Council to renew peacekeeping force mandate in Cyprus

The year 2024 inaugurates a formal series of UN procedures related to Cyprus and simultaneously locks in the arrival of the new Special Envoy of the Secretary-General for Cyprus....

400. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

401. Cyprus grapples with lingering private debt woes

In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....

402. New details emerge in Menendez's Qatari bribery allegations

In a complex legal saga, U.S. Senator Bob Menendez finds himself ensnared in deeper troubles as fresh allegations unfold....

403. Officials ponder responsibility following quadruple fatality

Ambulance crews experience road fatalities on a more personal level. When you rescue someone, you connect with them....

404. Denmark's Queen Margrethe II to relinquish throne on Jan. 14

In a surprising New Year's Eve announcement, Queen Margrethe II of Denmark revealed her decision to step down from the throne on January 14, 2024. ...

405. Assistant Attorney General faces scrutiny amid corruption probe

In a recent development, the Independent Anti-Corruption Authority has publicly disclosed the results of an exhaustive investigation into allegations surrounding Assistant Attorney General Savvas Angelides....

406. T/C leader faces bribery scandal involving former Turkish VP

Reports and a leaked audio document are causing a stir in the Turkish Cypriot community, suggesting that Fuat Oktay, former Turkish vice-president handling the Cyprus file for Ankara, received a $50 million bribe from the late...

407. Cypriot brokerage firm probed for money laundering

French and American authorities have launched an investigation into a Cypriot brokerage firm, TCR International Limited, in conjunction with a branch of BNP Paribas, following suspicions of ''aggravated money laundering.''...

408. Landlords urged to be reasonable when pricing rentals

Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....

409. As 2023 ends, banks and unions lock horns on pay structures

The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....

410. Surge in Syrian asylum seekers amid drop in African arrivals

The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...

411. Half of Cyprus loans vulnerable to Euribor and ECB rates

Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....

412. Cyprus linked to Magnitsky case through luxury hotel investment

The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....

413. Life expectancy in Cyprus drops amid COVID turbulence

Life expectancy in Cyprus took a hit, decreasing by a year, reveals the latest European Commission health profile. ...

414. Far-right claims victory as Macron's party divided over immigration

The French government is grappling with a political upheaval as Health Minister Aurélien Rousseau tenders his resignation in protest against a stringent immigration bill. ...

415. Bank of Cyprus expands with €58M loan acquisition

Agreement for the Acquisition of a Performing Loan Portfolio. ...

416. Businesses to cut greenhouse gas targets by 10%

Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....

417. Preventive pediatrics expansion: Center takes on eight more diseases

''The CPP has been carrying out a project on behalf of the State for 35 years and covers the needs of the entire population of the country free of charge on a voluntary basis'', says Fotini Tsiridou, the president of the Association of Friends of the Center of Preventive Pediatrics ''Amerikos Argyriou'' and councillor of DISY, to ''K''....

418. CBC warns of non-performing loan surge amid economic challenges

The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....

419. Tatar's plea to Russia to reshape diplomatic landscape

"I would like to ask the Russian leadership and the Russian people to reconsider their policy on Cyprus, especially after what happened in Ukraine and what is happening in the world with a multitude of global changes," Turkish Cypriot leader Ersin Tatar told the Russian state news agency TASS - as reported by the latter....

420. Authorities probe infant abuse by unlicensed childcare worker