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2191. EC grants 35,324 travel passes for rail travel to 18-Year-Olds

The European Commission will provide a total of 35,324 travel passes - mainly for rail travel - to young Europeans aged 18 as part of the DiscoverEU program, according to a press release. In Cyprus, passes will be given to 72 out of a total of 152 applicants....

2192. Central Bank governor projects higher economic growth for 2023

On Tuesday, Constantinos Herodotou, the Governor of the Central Bank of Cyprus, announced that the Cypriot economy is projected to grow in 2023 at a higher rate than the Eurozone average. ...

2193. Chevron pushes forward with Cyprus tricky move

Chevron has reportedly started drilling a key appraisal well offshore Cyprus, a development mired in geopolitical controversy over the ethnically-split island as well as neighbor relations...

2194. 100 Cypriot wines to feature new WineCore logo on packaging

The wine industry in Cyprus is at a turning point, as coordinated upgrading and promotion efforts are underway in both the private and public sectors. ...

2195. Biden to run for re-election in 2024

President Joe Biden has formally announced that he is running for reelection in 2024. He is asking voters to give him more time to “finish this job” and to set aside concerns about his age....

2196. E-kalathi: Your digital tool for smart shopping

Based on the timeline, the implementation of e-kalathi, the new digital platform for monitoring retail product prices, is expected to take place around early 2024....

2197. EU lawmakers pass proposals to address migration crisis

European Union lawmakers on Thursday approved a series of proposals aimed at ending the yearslong standoff over how best to manage migration, a conundrum that has provoked one of the bloc’s biggest political crises....

2198. Trickier travel looms as Eurostar ends direct trains from London to Disneyland Paris

Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....

2199. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

2200. IMF projects steady GDP growth for Cyprus in 2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

2201. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

2202. Cyprus hurries to launch EU alert on mobile phones

Cyprus is the only EU member state that does not use a Public Warning System to alert cell phone users of an emergency or imminent threat, but officials in Nicosia say they hopeful they can launch Emergency Alert by next year...

2203. Inside the high-stakes prosecution of a former president

Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...

2204. Ex minister worries Nicosia dropped IMO ball out of spite

A Cypriot former minister is calling on the new government to offer an explanation as to why the Republic of Cyprus failed to seek a nomination currently being sought by foe Turkey at a UN agency responsible for regulating shipping, hinting at revenge politics and calling on his party to seek answers...

2205. 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....

2206. Trump makes history: Former president indicted

Former U.S. President Donald Trump has been indicted by a Manhattan grand jury. This comes after years of investigations into his personal, political, and business dealings and an abrupt jolt to his bid to retake the White House. ...

2207. Halloumi’s twin Hellim gets PDO in the north

A dairy in the north is the first Turkish Cypriot business found to be compliant with PDO requirements for halloumi, the cheese that grills, meaning ‘hellim’ can now compete with its Greek Cypriot twin in the EU market...

2208. 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....

2209. Ex-US president Trump expects to be arrested on Tuesday

Donald Trump says he expects to be arrested on Tuesday and has urged his supporters to launch mass protests....

2210. UK to require travel authorization from Nov 2023, exempting EU citizens

The United Kingdom authorities have announced that the country will introduce a travel authorization requirement – the Electronic Travel Authorisation (ETA) – in November 2023, but this will not apply to EU nationals until next year....

2211. Criticism grows as Europe pushes to restrict cars in cities

In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...

2212. Europe's ETIAS rollout postponed to 2024

The European Union has once again postponed the launch of the European Travel Information and Authorisation System (ETIAS), this time for the year 2024, without giving an exact date, or even month....

2213. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

2214. Lagarde announces a new interest rate hike in March

European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....

2215. 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....

2216. Marina Association 'surprised' by statement on Paphos marina

The development of Paphos Marina is moving forward, thanks to a Cabinet decision. This has been an issue for decades, and when the Deputy Minister of Tourism took office, he re-launched an effort to promote the project by preparing a feasibility study for its construction....

2217. Secrets of the A380: What passengers never see

2218. Is there a permanent American presence at the bases?

In an article published last Wednesday on the British website DeclassifiedUK, there is talk of broadening US presence - on a permanent basis - in the areas of the Sovereign British Bases (SBA) in Akrotiri. According to sources in the British Ministry of Defence, ...

2219. MEP's propose solutions to the growing migration problem in Europe

In a plenary discussion with the Swedish Presidency and President von der Leyen, MEPs presented their views on how to deal with the migratory challenges facing Europe....

2220. 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. ...