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541. Bicycle subsidy website suspended indefinitely

The government portal for bike subsidy applications was temporarily shut down due to "excessive interest" in the scheme....

542. Cyprus lacks 'snitches' to root out cartels

The head of Cyprus’ competition protection office says its program designed to root out cartels on the island has failed because of the country’s closed society where snitching is not part of Cypriot culture...

543. Higher costs on goods are here to stay

Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....

544. Health Insurance Organization targeting abuses in GESY system

The phenomena of abuses of the General Health System (GESS) that have emerged since its application, is one of the serious issues that concern the Health Insurance Organization (OAY)....

545. Police hunt for supplier in cigarette racket

Cyprus police are making headway in the fight against the sale of illegal tobacco, with officials hoping a man's dramatic arrest over the weekend could help catch bigger fish and rein in the sale of untaxed cigarettes...

546. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

547. Cars for any budget

The Bank of Cyprus is putting unsold cars up for auction today, Tuesday 7th of September at 1500....

548. State budget and economic outlook for 2022

The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....

549. Crunch time as hospital admissions reach high

Worst case scenarios and emergency staffing are once again the topic of discussion among health experts in Cyprus, with hospitalizations reaching new records for summer at a time when medics are taking vacation...

550. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

551. ELAM throws hat in speakership race

Cyprus’ nationalist party ELAM says its president will seek the speakership of the House, following Sunday’s parliamentary elections that doubled the party’s seats while mainstream political movements lost ground...

552. EU ready to claw back stolen funds

The European Public Prosecutor’s Office goes to work next week, after the Council gave the green light this week for the first supranational independent agency to begin investigating and prosecuting crimes against the EU budget...

553. Police arm up after Limassol fire and fury

Cyprus police came under immense pressure during Holy Week following incidents of chaos, anarchy, and even violence against officers, with arrests starting to pile up and efforts doubled in arming up the force with more riot gear...

554. Local gov reform heads for summer freeze

Interior Minister Nikos Nouris has been asked by EU officials to give the rundown of the administration’s latest efforts in local government reform, just days after a proposal for a referendum was defeated by opposition parties that cried foul over the move...

555. Jiu Jitsu director says Cyprus losing out

The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...

556. Cyprus expecting 60,000 Covid doses this week

557. Mountain region to get €400m revamp by 2030

The government’s plan to revitalise mountain communities by 2030 was presented on Thursday, with the grand project including more than 300 actions budgeted at €400 million....

558. Cabinet approves €250m supplementary pandemic budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

559. EU frontline ministers talk migration in Athens

Cypriot Interior Minister Nicos Nouris is in Athens this weekend where he is attending a MED5 meeting on immigration, with some of the bloc’s Mediterranean members tackling issues stemming from Brussels’ new migration proposals that divide the union...

560. TRT delves into Cyprus’ dark past

A new series about ethnic warfare in Cyprus is hitting the airwaves soon, with the Turkish Cypriot leader paying a visit on set in Famagusta during the filming by Turkish state broadcaster TRT1...

561. Cyprus keeps Carnival spirit alive amid Covid-19

Carnival is usually the highlight of the year for Cyprus, when residents let loose in bizarre and colorful costumes, joyfully dancing and celebrating during the Mediterranean island nation’s biggest annual party scene....

562. House Speaker says Parliament must 'raise its standards'

House Speaker Adamos Adamou said that Parliament has an obligation to raise its standards and improve its image to the public, who are turning away from politics and politicians and especially Parliament....

563. Anastasiades joins EUCO summit prep with EU leaders

President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...

564. Government announces new housing schemes and incentives

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....

565. Cyprus supporter to lead US foreign committee

Cypriot President Nicos Anastasiades says he looks forward to working with US Senator Bob Menendez, after the NJ Democrat was named officially chairman of the foreign relations committee in the new Congress...

566. President lashes out at critics

Cypriot President Nicos Anastasiades in a televised address on Thursday rejected allegations of corruption within his office and administration, accusing the opposition and media of singling out his former law firm for being involved with golden passports and appealing on the political parties’ patriotism to support a new strategic plan to fight corruption...

567. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

568. Quake rattles Cyprus, no damage reported so far

An earthquake with an estimated magnitude of 5.1 shook Cyprus on Thursday afternoon, though reports of any damage have yet to emerge...

569. MPs vote on budget hanging by a thread

The House takes another vote on the state budget on Thursday, with representatives expected to pass the bill narrowly following behind-the-scenes consultations since the first time it was rejected in mid-December...

570. COVID-19 is adding new impetus to finance transformation