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571. Senator links Burisma to Biden classified documents

A newly revealed email from Hunter Biden’s laptop regarding Ukraine is raising eyebrows, with critics pushing a theory that the first son had access to classified information at a time when he maneuvered for a seat on Burisma, a Ukrainian gas company based in Cyprus...

572. Turkish Cypriots outraged over mufti's call for women to procreate on demand

A Muslim religious leader’s instruction to women to dutifully accept a husband's “invitation to bed” to procreate has sparked outrage among many Turkish Cypriots, who saw the remarks as an imported encroachment of fundamentalist Islam on their secular community....

573. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

574. Electric charging points in Nicosia unveiled today

The promotion of electric vehicle charging infrastructure will create the green and sustainable cities and communities of tomorrow said the Minister of Transport, Communications and Works, Yiannis Karousos,...

575. Cyprus Banks: Vulnerabilities remain despite progress, says SSM

Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...

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

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

577. January Newsletter of K. Treppides & Co Ltd

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....

578. Eight brand spanking new restaurants in town

The city's culinary landscape has recently been enhanced by the addition of several new restaurants and dining establishments, all of which are listed below....

579. 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,...

580. Portugal's golden visa program netted €654.2 million in 2022

Investment in Portugal through golden visas in 2022 reached €654.2 million, representing a 41.9 per cent increase compared to the previous year....

581. Cypriot fund keeps Lukoil’s sanctioned plant in the game

A Lukoil refinery in Italy might survive sanctions against Russia if it falls in the hands of a Cypriot private equity fund, with the company saying the sale could take place by March of this year after turning down a US offer two months ago...

582. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

583. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

584. No travel restrictions for Chinese arrivals in Greece and Switzerland

Greece and Switzerland will not impose travel restrictions for arrivals from China despite the current COVID-19 situation on the latter....

585. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

586. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

587. 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...

588. Dubai abolishes alcohol tax

According to the BBC, Dubai is eliminating the 30% alcohol tax and will no longer require personal alcohol licences, which are required for anyone wishing to consume alcohol....

589. Where you can't go in 2023 and why

Travelers from all over the world are expected to take their vengeance for two years in prison in 2023, as they can now take their dream vacation to any part of the world they want, with no restrictions....

590. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

591. Cypriot transport minister vows to fix traffic

Transport Minister Yiannis Karousos says the traffic congestion problem in Cyprus can be significantly addressed or even resolved with the implementation of a plan involving various measures and initiatives...

592. China opens first consulate general in Iran

China's Consulate General in Bandar Abbas was officially opened on Wednesday in the capital of Hormuzgan Province on the southern coast of Iran, marking the establishment of China's first consulate general in Iran....

593. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

594. Zelensky heads to Washington

Ukraine's President Volodymyr Zelensky says he is on his way to Washington, where he will meet US President Joe Biden on Wednesday....

595. €651.4 million of government surplus recorded until September 2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

596. December Newsletter of K. Treppides & Co Ltd

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....

597. Eva Kaili: From city council to city prison

598. Amsterdam launches 'Stay Away' campaign to discourage types of tourism

Authorities in the Netherlands have decided to introduce in Amsterdam a new campaign called “Stay Away”, in order to discourage specific kinds of tourism....

599. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

600. EU Parliament halts work on Qatar-related cases

The European Union’s parliament voted Thursday to suspend work on all files involving Qatar, and called for security passes for representatives of the Gulf country’s interests to be withdrawn until light can be shed on a corruption scandal rocking the assembly....