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151. Embracing digital opportunities for stronger bonds

Digitalization can be a powerful mechanism that brings Greek Cypriots and Turkish Cypriots closer together, provided that incentives are given. ...

152. Growing up in refugee camps

The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....

153. Experts confront the menace of feline coronavirus

154. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

155. Shanghai students do it Greek style

In the age of digital society and social media, a viral TikTok video has the power to transform lives and introduce an unexpected culture to the world. ...

156. USA: Well-known soccer coach accused of raping boys

Videos of the rapes of 10 unconscious boys were found on the cellphone of a Tennessee soccer coach after he left it behind at a restaurant, police said Sunday....

157. 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....

158. Horse saved from deep pit in Italy

In a remarkable rescue operation, a horse was saved from peril after being trapped in a deep pit in Lazio, central Italy....

159. Cyprus appoints new ambassador to Denmark

On June 9, 2023, a significant event took place as Mr. James Kirakosian, the Ambassador of the Republic of Cyprus to Denmark, officially presented his credentials to Her Majesty Queen Margrethe II of Denmark....

160. Turkish consulate in Shusha sends a message to Armenia

Turkish President Recep Tayyip Erdogan has said his country is ready to open a consulate in Shusha, a city that Azerbaijan took from Armenian forces in a war in 2020....

161. French President honors Cypriot doctor for cancer research

French President Emanuel Macron awarded Cypriot doctor Dr. Loizos G. Loizou with the National Order of Merit of France. ...

162. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

163. Nicosia looks forward to hosting next 3+1 summit

During a reception held by the Embassy of Israel in Nicosia to commemorate Israel's 75th independence anniversary, Cyprus's Defense Minister, Michalis Giorgallas, expressed that Nicosia eagerly looks forward to hosting the next political level 3+1 meeting involving Cyprus, Greece, Israel, and the USA before the year's end. Additionally, Cyprus plans to host the 9th Cyprus, Greece, and Israel Trilateral Summit in 2023....

164. Legendary rock icon Tina Turner dead at 83

Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83....

165. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

166. Cyprus' 2022 household assets reach €59.7B, debt at €20B

In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....

167. The value of authenticity

Easter always goes hand in hand with the search for authenticity. For the authentic Epitaph procession, good company for the subsequent authentic feast, the authentic Greek landscape, the authentically spiritual experience of the Resurrection service. ...

168. Nicosia says US army links not against Turkish Cypriots

Greek Cypriots are rejecting Turkish Cypriot claims that American actions disrupt balance on the divided island, following the recent docking of a US attack submarine in Limassol, with Nicosia accusing the north of regurgitating Ankara’s longstanding criticism...

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

170. Cyprus raised 1 billion with a 10-year sustainability bond

Cyprus has raised €1 billion through its first-ever 10-year sustainable bond, which saw demand exceed supply by 12.5 times. The bond yielded 4.20% and will finance a range of "green" and social projects,...

171. March 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....

172. UBS steps in to buy rival Credit Suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

173. It's been 10 years since the haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

174. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

175. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

176. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

177. What factors played a role in Christodoulides' election?

Nikos Christodoulidis is the eighth President of the Republic of Cyprus and the first in history to not only be the first to cut the thread in the first round of presidential elections without the support of one of the two major parties but also to be elected President while facing AKEL and the leadership of DISY....

178. 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. ...

179. Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...

180. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...