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1261. Cyprus: 42 cases of pediatric cancer recorded each year

Each year, 42 new cancer cases among children are recorded in Cyprus, while the cure rate of childhood cancer cases ranks the country in the top spot worldwide,...

1262. Cyprus Land Development received 11.1 million from the passport program

The Cyprus Investment Program, also known as the passport program, brought in €11.17 million for the Cyprus Land Development Corporation between 2019 and 2022....

1263. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

1264. February Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1265. Turkey orders arrests over collapsed buildings in earthquake

Turkey vowed on Sunday to investigate thoroughly anyone suspected of responsibility for the collapse of buildings in the country's devastating earthquakes nearly one week ago and has already ordered the detention of 113 suspects...

1266. Nikos Christodoulides is now the 8th President of the Republic of Cyprus

After all the campaigning, the name-calling, an unprecedented split in one of the nation’s oldest parties and even the bitterness emanating from certain candidates who lost in the first round, it’s finally over. ...

1267. Sales to foreign buyers hit 16 year high

During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....

1268. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

1269. Apartment prices continued its upward momentum in Q4 2022

Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....

1270. Botox ampoules found in chocolates smuggled from the occupied territories

Botox ampoules were one of the more bizarre items that a person attempted to smuggle through the barrier last year, according to customs officials at the British Bases in Dhekelia....

1271. Lidl Cyprus is constantly reducing its energy footprint and contributes to the protection of the environment on a daily basis

This year, the company was also certified with the ISO 50001 for its energy management system and for the first time it attained green certificates for 100% of the energy supplied by EAC....

1272. Zelensky in London, asks for fighter jets

Ukrainian President Volodymyr Zelensky is in the United Kingdom today to meet Prime Minister Rishi Sunak, King Charles, and speak to the British Parliament....

1273. Which names are being floated for the position of Finance Minister?

The new ministerial team will be assembled beginning Monday, February 13. Nicos Christodoulides and Andreas Mavroyiannis, the two candidates for the Presidency of the Republic of Cyprus, will bring in new faces to staff their Ministries....

1274. DISY to vote conscience in runoff election

The Political Office of the Democratic Rally is calling on party supporters to vote their conscience in the runoff election on Sunday, after their candidate’s third place drew mixed reactions that signaled a rift among some conservatives...

1275. PORSCHE CYPRUS: 30 years of an iconic journey

This year, PORSCHE CYPRUS celebrates 30 years of iconic performance on Cypriot roads. All this is thanks to the vision of Alkis Iacovides, the man who passionately loved PORSCHE and decided to introduce the favorite German car models in Cyprus three decades ago....

1276. Rate of NPL's unchanged in November 2022

Non-performing loans (NPLs) in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans unchanged at 10.5%....

1277. Poland: Underage rape victims denied abortion

Two Polish hospitals refused to terminate the pregnancy of an underage rape victim. The case has sparked controversy over the country's restrictive legislation, with women's rights activists insisting it must be eased....

1278. Registered unemployed increased by 8.6%

The unemployed persons registered at the District Labour Offices recorded an increase of 8.6% in January 2023, compared to January 2022, reaching 16,758 persons, according to data published by the Statistical Service on Friday....

1279. Drug case in Cyprus raises legal eyebrows again

The Supreme Court in the Republic of Cyprus has picked up the pieces following a decision by the attorney general last year to commute a reduced and later suspended sentence in a highly publicized Cypriot-Australian drug case marred by legal oddities...

1280. Americans will soon need to pay a small fee to enter the UK

U.S. citizens will soon have to apply for permission before their United Kingdom trips and pay a small fee to enter as part of the country's upcoming Electronic Travel Authorization scheme....

1281. Interest rates in Cyprus continues its steady rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

1282. Nearly 60 million euros in electricity subsidies doled out since September 2022

1283. Bicycle helmets now mandatory

The regulation that establishes the requirement for the use of protective helmets in accordance with the Law states that as of today, February 1, cyclists and cyclist passengers must wear protective helmets at all times....

1284. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

1285. Tourism revenues are on the mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

1286. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

1287. Netanyahu ready for Russia-Ukraine mediator role

Israeli Prime Minister Benjamin Netanyahu has emerged as a potential mediator for peace talks between Russia and Ukraine, following rumors that Kiev might favor Israel over Turkey, but the newly reelected premier says he won’t do it unless everyone gets on board...

1288. Nouris: 'The cause of Cyprus' immigration problem is Turkey'

Interior Minister Nicos Nouris said on Monday that Turkey is the eliciting factor of the migration issue in Cyprus, speaking at a press conference where he presented the work of his Ministry during his term....

1289. CBC: Household debt at 77% of GDP

The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...

1290. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...