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871. Dubrovnik sees surge in tourism with 32% increase in arrivals

The mayor of Dubrovnik, Mato Frankovic, has made the decision to ban wheeled suitcases due to the noise they generate on the city streets. ...

872. Leading brands pledge jobs for thousands of refugees

The companies - which include Amazon, Accenture, and Adidas - have committed to hiring and training over 250,000 refugees in the next three years....

873. Construction materials prices stabilize as index drops in May

Construction materials prices started to stabilize in Cyprus, with the Price Index of Construction Materials decreasing 0.06% in May, compared to April, according to data published by the Cyprus Statistical Service on Monday. The Price Index of Construction Materials for May 2023 reached 135.51 units (base year 2015=100)....

874. Almost 108,000 drivers exceed speed limits

Since the official implementation of the photo certification system on January 1, 2022, a staggering total of 132,982 out-of-court complaints have been filed....

875. Cablenet: The Fastest Growing Mobile Network

876. Deadly Mediterranean shipwreck exposes desperate migrant journeys

Wednesday’s deadly shipwreck off southern Greece, involving a large boat carrying migrants that capsized after apparently rebuffing offers of help, is just the latest case of smugglers packing vessels full of desperate people willing to risk their lives to reach continental Europe....

877. Backlash over Cyprus' VAT refund change

The recent decision made by the Department of Customs to raise the expenditure limit for VAT refunds to third-country travelers visiting Cyprus is receiving criticism for its adverse effects on tourism expenditure....

878. California: Dismantling women's rights in the name of progressivism

Are there still women in California? They seem to have ceased to exist – at least as far as the state’s laws are concerned....

879. Cablenet and Plume expand partnership in intelligent connectivity for Cyprus homes

Cablenet and Plume joined forces once again in Nicosia to celebrate their successful collaboration and discuss plans for future expansion. The two partners in intelligent connectivity convened to review their market achievements and explore opportunities for growth....

880. Christodoulides' pledge to safeguard Cyprus' reputation

President of the Republic Nikos Christodoulides has stressed that the government will not allow a very small minority of people in the country to tarnish Cyprus' reputation, which was built after many years of effort....

881. Nicosia real estate market surges, indicating recovery

Nicosia, the capital city, has broken free from a six-month period of stagnation, exhibiting promising signs of recovery....

882. Sylvio Berlusconi dead at 86

Former Italian Prime Minister Silvio Berlusconi has died following a tough battle with leukemia....

883. Trump indicted on 37 federal counts

Former President Trump was indicted on 37 federal counts, including willful retention of national defense information, conspiracy to obstruct justice, and false statements, according to an unsealed copy of the indictment obtained by Fox News....

884. Aegean and Cyprus Airways join forces with code-sharing agreement

In a significant move that aims to enhance connectivity and offer improved travel options, Aegean and Cyprus Airways are preparing to announce strategic cooperation through a code-sharing agreement....

885. Almost 130,000 out-of-court fines imposed on road safety

In a recent interview with Chief Sergeant Tasos Asiikkis of the Traffic Department at the Police Headquarters, some astonishing numbers regarding the implementation of photo-recording cameras have come to light....

886. Cyprus banking sector maintains stable solvency ratio

The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus on Wednesday....

887. Declining new loans in Cyprus signals economic shifts

In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...

888. Regulatory change delays electric air taxi market entry

The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers. ...

889. Cyprus housing prices rise amid increased demand

During the fourth quarter of 2022, housing prices in Cyprus continued their upward trend, driven by increased construction costs and higher demand....

890. Finance minister warns of VAT consequences

With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....

891. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

892. Registered jobless numbers drop in May indicating declining unemployment

According to data from the Provincial Labour Offices, the number of registered unemployed individuals at the end of May 2023 decreased to 10,357 persons, marking a decline compared to both the previous month and May of the previous year....

893. IMF says Cyprus untouched by war fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

894. Cyprus' GDP soars: 3.4% growth in Q1 2023

Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....

895. Child deaths in Khartoum orphanage amid Sudan conflict

At least 60 infants, toddlers, and older children perished over the past six weeks while trapped in harrowing conditions in an orphanage in Sudan’s capital as fighting raged outside....

896. April sees surge in retail trade

Retail trade increased significantly in April in both value and volume metrics, according to the latest data released Thursday by the Statistical Service of Cyprus....

897. Schengen visa processing delays impact Turkish citizens

Citizens of Türkiye have started to consider traveling to destinations other than those in the European Union/Schengen Area as they keep on facing Schengen visa processing delays as well as long waiting times for available appointment slots. ...

898. Cabinet approves tax deductions for businesses and extends tax payment deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

899. Porsche Cyprus celebrates the Grand Opening of the new corporate architecture concept ''Destination Porsche'', in Limassol

It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...

900. Minister calls for duty-free halloumi exports to Australia

Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. Subtitle: ...