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121. Eurostat: Cyprus had the highest stock of NPL's in 2021

In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....

122. Cyprus appeals use of BBQLOUMI and GRILLOUMI

The General Court of the European Union is expected to decide in April or May on two appeals submitted by the Foundation for the Protection of the Traditional Cheese named Halloumi against the use of word marks BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden, according to a press release by the Luxembourg-based Court of the EU....

123. Father who shook preemie gets five years

A father in Cyprus was sentenced to five years in prison after a criminal court found him guilty in the death of his preemie, following his own admission to police that he shook the newborn to make the baby stop crying...

124. PEGA's amendment games

The debate on Cyprus will turn into a game of balances and... amendments in relation to the draft report of the European Parliament's Committee of Inquiry into Surveillance Software (PEGA), ...

125. Demetra has invested 75% of its capital in Hellenic

Demetra Investment, the Cyprus Investment Fund, has dedicated 75% of its investments to Hellenic Bank....

126. Cyprus features prominently in US Congress’ Turkey report

The possible sale of F-16s to Turkey and tensions between Turkey and Cyprus and Greece are included in a US Congressional Research Service report on Turkey released on January 9, which outlines Biden administration support of the sale and opposition by 'some members of Congress'...

127. Cyprus' Russian-Ukrainian duo head to Antarctica

Two Limassol residents, a man from Ukraine and a woman from Russia, are flying to the earth’s southernmost town, where they will embark on a mission to Antarctica to plant their flag on New Year's Day...

128. Romania retaliates against Austria's Schengen veto

Romanians that were looking forward to spending winter holidays in Austria’s many tourist destinations have started calling off their bookings, following Austria’s Schengen Veto, which prevents Romania and Bulgaria to join the Schengen Area....

129. Life satisfaction in EU down in 2021 compared to 2018

The European Office for Statistics, Eurostat, has revealed that citizens of the EU were slightly less satisfied with their lives in 2021 compared to 2018....

130. EU welcomes Croatia while Bulgaria and Romania will have to wait

Croatia will officially become the newest member of the European Union’s borderless area of Schengen on January 1, 2023, the European Union has confirmed....

131. Hellenic Bank soon to be under the control of Eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

132. Cyprus scolded for failing to transpose EU laws

The European Commission has sent letters of formal notice to Cyprus for having failed to notify national measures transposing two directives regarding road safety...

133. Cyprus beats EU average in road deaths

The highest incidence of road fatalities in the European Union in 2020 were recorded in rural regions, while Cyprus was one of the countries where road fatalities per million inhabitants was above the EU average, according to data released by Eurostat, the statistical service of the EU...

134. Spyware and political games

The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...

135. Report claims 3-4 companies produce spyware in Cyprus

Cyprus's parliament opened an inquiry on Wednesday into the development of spyware on the island, after a draft European Parliament committee investigation report said it was an important export hub for the surveillance industry....

136. Initial PEGA report - Cyprus is an appealing destination for spy goods

137. 9.5 million mobile phones tapped in Cyprus according to AKEL

AKEL has made serious allegations regarding the interception of mobile communications in Cyprus. During the presence of the PEGA Committee members in Parliament, ...

138. Eurostat: Electricity prices up by 32% in Cyprus

In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....

139. Investigating Russian remittances to Mount Athos

The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....

140. EC calls for state-funded compensation for victims of trafficking

The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....

141. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

142. Residents curious about low flights over Cyprus

Cypriot defense officials rushed to clarify low flights over the island on Monday after alarmed residents sought answers online, with the activity taking place while NATO is also testing readiness of the western alliance...

143. New European Newsroom comprised of 18 news agencies

A total of 18 news agencies from all over Europe are participating in the European Newsroom initiative, which was formally launched on Tuesday in Brussels....

144. Cypriot airlines dismiss rumors after Bloomberg article

Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...

145. Metsola: 'Europe's bloc is made stronger by the discovery of so much natural gas in your country'

In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....

146. At around 27 years old is when young Cypriots flee the nest

Young people in Cyprus moved out of their parent's house on average at the age of 27.2 years in 2021, a little below the European Union average which was at 26.5 years, according to data released by Eurostat, the statistics service of the EU....

147. Teen critical after motor scooter collision

A teenager was rushed to the Emergency Room in critical condition on Saturday after the motorcycle scooter he was riding in Sotira collided consecutively with two vehicles with details still pending clarification...

148. Increase in new asylum applications in Cyprus and EU

In May 2022, first-time asylum applicants in the European Union increased by 17% compared to April 2022, and by 89% compared to May 2021, according to monthly asylum data published by Eurostat, the statistical office of the EU....

149. Turkey must behave as a NATO ally

Senator Bob Menendez, chair of the United States Senate Committee on Foreign Relations, calls for more steps to deepen the multidimensional relationship between Greece and the US, from defense and security to emerging technologies, the digital economy, the maritime industry and commercial shipping....

150. Sleepy Greek port becomes US arms hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....