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1051. Silvio Berlusconi diagnosed with leukemia

Former Italian prime minister Silvio Berlusconi has been diagnosed with leukemia, according to Corriere della Sera, a leading Italian newspaper....

1052. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

1053. Investors flock to 'green' bonds as a secure investment

1054. Russian children's commissioner rejects ICC allegations

Russia's commissioner for children's rights on Tuesday dismissed International Criminal Court (ICC) allegations that she was responsible for unlawfully deporting children from Ukraine as false...

1055. Cyprus short-term rental bookings rebound in 2022, but still below 2019 levels

Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...

1056. Home prices remain high despite recent dip

House Price Index decreased by 4% in the fourth quarter of 2022 and amounted to 108.03 units, compared to the third quarter, when it was at 112.51, according to a preliminary estimate of the Statistical Service, published on Tuesday....

1057. Private jet flights in Europe reach record high in 2022

A recent report from Greenspace on carbon dioxide emissions from private aviation in Europe has shown that private jet flights reached an all-time high in 2022, and emissions more than doubled compared to 2021....

1058. Tourism revenue at €45.6 million in January

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism....

1059. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

1060. Finland PM ousted, conservatives win tight vote

Finland’s main conservative party claimed victory in parliamentary elections Sunday in a tight three-way race that saw right-wing populists take second place, leaving Prime Minister Sanna Marin’s Social Democratic Party in third, dashing her hopes for reelection...

1061. Cyprus to surpass 1 million people while EU population to decrease by 6% by 2100

According to the latest population projections issued by Eurostat, the statistical service of the EU, the population of the bloc will decrease by 6% between 1 January 2022 and 1 January 2100, equivalent to 27.3 million fewer people. The population of Cyprus on the other hand is expected to pass 1 million by 2100....

1062. Cyprus' hourly labor costs below EU average at 19.4 euros

The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...

1063. Cyprus unemployment drops to 7.3% in February 2023, but 18.6% youth unemployment persists

According to Eurostat, the seasonally-adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023, compared to 7.4% in January 2023. However, the rate had increased from 6.1% in February 2022....

1064. Completion of Project Starlight

1065. Eurostat: Cyprus 3rd highest percentage of foreign-born citizens

Eurostat, the statistical service of the European Union, has released data showing that Cyprus is one of the top countries in the EU for migration....

1066. More Cypriots concerned over country's course, says Eurobarometer

The latest Eurobarometer survey covering the winter period of 2022-2023 has revealed that Cypriots are not satisfied with their country's democratic system, with 52% expressing dissatisfaction as opposed to the EU average of 41%....

1067. New migration scandal looms after network uncovered

A new scandal involving services for asylum seekers may have been inadvertently uncovered in Limassol, where arrest warrants have been issued amid strict rules for renewing driver permits and a black market designed to overcome restrictions...

1068. Woman gets half year in Russian knife attack

A Ukrainian woman in Cyprus who carried out a knife assault against a group of Russians last year has been sentenced to six months in prison on common assault after being acquitted on more serious charges of incitement to hatred and violence...

1069. Sustainability is the name of the game

The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...

1070. Bank deposits increase by €357.1 million in February

Total deposits in February 2023 recorded a net increase of €357.1 million, compared with a net decrease of €583,8 million in January 2023....

1071. Wizz Air's new aircraft brings exciting new destinations to Larnaca

Wizz Air, the fastest-growing airline in Europe and the greenest in the world, has announced the arrival of its third aircraft at its base at Larnaca Airport. With the arrival of this modern aircraft, three new routes will be launched to and from Dammam, Jeddah and Riyadh....

1072. CBC estimates GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....

1073. Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

1074. Slight increase in fuel prices

A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...

1075. US report: Harsh conditions in Cyprus prisons

The US State Department's Human Rights in Cyprus 2022 report highlights significant human rights issues in Cyprus. The report states that there were credible reports of harsh conditions in prisons and detention centers, particularly for asylum seekers....

1076. Many Cypriots are climate-aware and ready to fight

According to the European Investment Bank's (EIB) annual Climate Survey, 83% of Cypriots under 30 consider the environmental impact of their future job to be a significant factor in their career choice, while 25% consider it a top priority....

1077. US report on Cyprus notes rise of antisemitism

A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...

1078. High prices continue to plague the market

1079. Cocaine use in Cyprus low compared to European average

Larnaca and Limassol have the highest use of methamphetamine in Cyprus, according to a study conducted by the European Monitoring Centre for Drugs and Drug Addiction....

1080. One in two Cypriots considers it easy to start a business

Approximately one in two Cypriots considers it easy to start a business in Cyprus, according to the Global Entrepreneurship Monitor (GEM) Cyprus Report 2021/2022...