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511. Cyprus Parliament rejects bills on borrowers' rights

The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....

512. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

513. Moment of truth: Critical juncture for Cyprus

The shift attempted by Turkish President Erdogan, with a backdrop of Turkey's relations with the US, the European Union, and Athens, seems to indicate a significant change in paradigm. ...

514. Applications open for 'Rent in Exchange' program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....

515. Building and agricultural land for sale by AstroBank

516. Proposed foreclosure reforms spark debate in Cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

517. Michalis Hatzigiannis steps down as Deputy Minister

The resignation of Deputy Minister of Culture, Michalis Hatzigiannis, was anything but unexpected....

518. High stakes for Cyprus at Vilnius and New York

All eyes are turned towards Vilnius, Lithuania, and the NATO Summit, as the negotiation deadlock between Turkey and the West, with Sweden's accession to the Alliance in the background, largely determines Erdogan's grid of relations with NATO and the EU in the coming months. ...

519. Contentious foreclosure legislation sparks debate in Parliament

The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...

520. Cyprus gov't to pay €345,000 to Turkish Cypriot for illegal use of property

The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....

521. Sweden's NATO Membership hangs in the balance as Turkey poses last-minute hurdle

The developments surrounding Sweden’s NATO membership are rapidly unfolding, with indications pointing towards an imminent announcement of an agreement during the Vilnius summit held on July 11-12. However, there remains the possibility that Turkey may disrupt the proceedings at the last moment....

522. The common dilemma of Zelenskyy and Makarios

How and when will the war in Ukraine end? Concerning the “how,” there is relative unanimity among Western politicians and analysts. Ukraine will either join NATO or secure an explicit commitment that the Alliance will henceforth protect its borders. ...

523. Thumbs-up emoji deemed legally binding

A Canadian judge has ruled that the “thumbs-up” emoji is just as valid as a signature, arguing that courts need to adapt to the “new reality” of how people communicate as he ordered a farmer to pay C$82,000 ($61,442) for an unfulfilled contract....

524. Migrant reception center in Kofinou inaugurated today

The inauguration of the first phase of construction works at the International Protection Applicant Reception Center in Kofinou, upgraded with the support of the European Asylum Agency (EUAA), took place today, conducted by the Minister of Interior, Konstantinos Ioannou, along with Nina Gregory, the Executive Director of EUAA, and Beate Gminder, Deputy Director-General in the Directorate-General for Internal Affairs of the EU....

525. Schools fail to address gender equality

Sexual harassment of girls is “a scourge” in England’s schools, according to MPs, who have called for a government-led strategy to focus on boys failing to engage in relationship and sex education....

526. UN chief spells out need for envoy deal on Cyprus

An important step forward would be an agreement with the sides on an appointment of a United Nations envoy, who could explore ways to reach common ground towards resuming negotiations for a lasting settlement in Cyprus, the UN Secretary General says, while urging the leaders to send a clear signal that 'this time things will be different'...

527. Approval of additional budget at risk due to parking problems

The approval of the first supplementary budget for 2023, amounting to 361 million euros, may face obstacles due to the lack of adequate parking spaces at the new Ministry of Labor building....

528. President calls for migration agreement at EU Summit

There should have been an agreement on migration during the European Council, Cyprus President Nikos Christodoulides said in his remarks after the second day of the summit on Friday and noted that during his intervention he stressed the need to announce an Action Plan for the Eastern Mediterranean as soon as possible....

529. All-inclusive reference in EU draft good enough for Nicosia

President Nikos Christodoulides said he was pleased with the reference included in the latest draft conclusions of the European Council on the EU's readiness 'to contribute at all stages' during the UN-sponsored talks as well as with the reference to EU-Turkey relations...

530. Nicosia to appoint sanctions czar

The Cabinet on Wednesday decided on a series of measures and actions for the coordination on issues related to sanctions, Government Spokesperson Constantinos Letymbiotis announced...

531. Self-service kiosks to capture fingerprints

According to a report from Greek City Times, a recent development in travel regulations will require holidaymakers visiting EU countries, including popular destinations like France, Spain, Greece, Turkey, and Italy, to provide their fingerprints....

532. Wheat prices up by more than 6%

The price of wheat rose more than 6% last week amid concerns that the international agreement on the export of Ukrainian grain, which expires on July 18, may not be renewed....

533. Hellenic Bank rakes in €69.7 million in profits during Q1 of 2023

Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...

534. Cyprus takes center stage as it strengthens its defense planning

Last week, Ankara used the reference to the ''Republic of Cyprus'', the legitimate and internationally recognized state entity on the island of Cyprus, in the ongoing regional plans of NATO as a pretext to derail the process....

535. Siddiq applauds Cyprus' response to Russian sanctions

British High Commissioner to Cyprus Irfan Siddiq expressed his encouragement at the excellent collaboration with Government and industry in Cyprus, regarding UK sanctions of Cypriot entities linked to Russia...

536. Hunter Biden to plead guilty to three federal charges

President Joe Biden’s son Hunter has been charged with failing to pay federal income tax and illegally possessing a weapon and has reached an agreement with the Justice Department, according to a letter filed in U.S. District Court in Delaware....

537. US-China relations enter stabilization phase as Blinken visits Beijing

The US and China have pledged to stabilize their tense relationship following US Secretary of State Antony Blinken's two-day visit to Beijing....

538. AUB Mediterraneo Paphos: Shaping the future of education in the Mediterranean

As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...

539. Maritime security partnerships for Cyprus

The Republic of Cyprus and the United States have achieved a mutually beneficial deepening of defense cooperation during their second meeting of the bilateral Security and Defense Dialogue....

540. Cablenet: The Fastest Growing Mobile Network