Search

421. EAC demands to be revisited on January 13

422. Cyprus undecided as divided EU debates Chinese travel

Nicosia failed on Tuesday to reach a decision on whether COVID measures should be imposed on travelers from China, with officials this week pointing to a new effort by the European Union to coordinate a response to Beijing’ move to ease restrictions...

423. Former Pope Benedict XVI dies

Pope Emeritus Benedict XVI, the shy German theologian who tried to reawaken Christianity in a secularized Europe but will forever be remembered as the first pontiff in 600 years to resign from the job, died Saturday...

424. Elon Musk to step down as Twitter CEO

Elon Musk has said that he will step down as CEO of Twitter once a suitable replacement can be found. On Sunday he ran a poll asking if he should step down, and the Twitter using public overwhelmingly told him to go...

425. The Belgian wheel is in motion...

Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...

426. Eva Kaili: From city council to city prison

427. White House dazed over emails about Cypriot gas company

US President Joe Biden is expected to say whether he would challenge a decision by National Archives to release documents concerning his son’s role in a controversial gas company in Cyprus and allegations that business dealings may have improperly influenced American policy...

428. Cyprus and USA go to the rescue

A joint Search and Rescue Exercise titled CYPUSA 01/22 was conducted on Thursday within the Search and Rescue Region of the Republic of Cyprus, with the participation of SAR Units and Personnel from the Republic of Cyprus and USA...

429. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

430. KEDIPES disburses another €80 million to the state

The Board of Directors of the state-owned asset manager, KEDIPES, has decided to disburse another €80 million to state coffers for the fourth quarter of this year, with the amount paid to the state in 2022 reaching €310 million....

431. Erdogan's chief political rival jailed for insulting public officials

A court in Turkey has sentenced the mayor of Istanbul to more than two-and-a-half years in prison for insulting public officials in a speech....

432. Gatzke-Hellenic relations have returned to normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

433. Solon Kassinis has died

Solon Kasinis, a former DISY MP, passed away today at the age of 70....

434. Gatzke returns to Hellenic

Oliver Gatzke, CEO of the Hellenic Bank, has returned to the Bank of Greece's headquarters as of today, December 12....

435. The sky's no longer the limit when using your smartphone

Passengers aboard flights in the European Union will soon no longer be required to put their phones on airplane mode and will be able to make phone calls as well as use their mobile phones to the maximum of their features and capacity as airlines will be providing the latest 5G technology on their planes....

436. Tying up loose ends at Hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

437. Hellenic CEO cleared of any wrongdoing

Oliver Gatzke, CEO of Hellenic Bank, has not been linked to any suspicious activity, according to the Cyprus Securities and Exchange Commission (CySEC)....

438. Indonesia: Unmarried couples could face jail time for having sex

The Indonesian parliament has unanimously approved strict new laws that will criminalize sex outside of marriage....

439. Cyprus scores funds for Euromed Tech Hub

The creation of the Euromed Tech Hub in Cyprus was unanimously decided last week by the Board of Directors of ANIMA Investment Network, a press release by Invest Cyprus says...

440. Cyprus to extradite Chinese national in fraud case

A fugitive businessman in Cyprus will be handed over to Beijing in connection with a money fraud investigation, a move that challenges recent consensus across Europe against Chinese extradition requests, after the suspect’s lawyers gave their consent provided that Cypriot officials will be allowed to visit the defendant and sit in during court proceedings...

441. Paphos to become a 'smart' city after launch of digital projects

Six smart and digital city projects implemented by the Municipality of Paphos were inaugurated on Thursday by Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos....

442. ETIAS set to enforced by November 2023

The work on the European Travel Information and Authorisation System (ETIAS) has moved forward, with the European Border and Coast Guard Agency (Frontex) revealing on Monday that a new body will be responsible to ensure the system functions in accordance with fundamental rights has started its work....

443. Apple supplier apologizes, offers $1400 payout to quell protests

Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....

444. Bank's chairman buys BOC shares for 3 consecutive days

445. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

446. European Institute of Management and Finance establishes the Centre of Good Governance

Considering the need to tackle weak and precarious governance structures evident in both private and public entities, the European Institute of Management and Finance (EIMF) has established the Centre for Good Governance (CGG) in an effort to enhance governance at all levels and in all fields. ...

447. More migrant arrivals off Cavo Greco

Police arrested an 18-year-old man yesterday to facilitate investigations into the arrival of a boat in the sea area of Famagusta, in which 10 people were on board....

448. CYTA expects €400 million in revenue this year

Deputy Chairman of the Committee Chrysis Pantelides told CYTA after discussing the organization's budget for 2023 that CYTA is a very good example of a profitable and robust semi-governmental organization that should remain in the ownership of the state so that the public and society at large reap these important benefits....

449. Chevron buys time as Cyprus and Israel still negotiate

Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...

450. Averof proposes a tax-free family income of 39,500 euros