Search

601. Central Bank Governor: Sanctions' impact on economy not significant so far

The Governor of the Central Bank of Cyprus, Constantinos Herodotou, was received on Friday morning (21/04) by the President of the Republic, Nicos Christodoulides. ...

602. Greece admits Predator sale to Sudan but denies implication

A private airplane that flew from Cyprus to Sudan last year had delivered the infamous Predator surveillance software, with the Greek government admitting the export but denying any involvement in the ongoing civil war there...

603. Ideal real estate investment opportunities for sale by AstroBank

Commercial, industrial, and residential listings in various districts...

604. Whistleblower suspicious of Biden's Cyprus trip in 2014

A former White House stenographer is accusing US President Joe Biden of committing crimes a decade ago in connection with Ukraine and Cypriot-registered gas company Burisma, while also raising suspicions over a private dinner in Limassol back in 2014...

605. Delivery driver middleman scandal widens

A recent traffic accident has prompted police to widen a fraud investigation that began in Limassol and now has reached the capital, following revelations that foreign food delivery drivers in Cyprus were paying middlemen to secure driver permits through the state’s austere system...

606. Energy Minister puts forth Cyprus' natural gas to cut costs for consumers

Cyprus' Energy Minister George Papanastasiou said that, during his discussions with consortiums operating in the Cypriot Exclusive Economic Zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant....

607. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

608. EY report: Governments need new ways of working to seize digital opportunities

Governments around the world are at risk of failing citizens through lack of digitalization, according to EY research presented in a new report: “How can government workers and technology align to serve future citizens?”. ...

609. North unhappy after US sub anchors in Limassol

Ankara and the Turkish Cypriot leadership repeated warnings over the weekend about Washington 'disrupting the balance' on the divided island, with their latest criticism targeting a deployed US attack submarine that anchored in Limassol...

610. Ukrainian defense minister hurries down to Cyprus

Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...

611. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

612. Deputy Minister of Research discusses efforts to create a modern digital state

Cyprus’ Deputy Minister of Research, Innovation and Digital Policy, Philippos Hadjizacharia, discussed the country's efforts to modernize its public administration and create a digital state at an event in Nicosia....

613. Macron's mission in China: Convincing Xi on Ukraine

614. What is the future for banks?

Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....

615. Nikos Christodoulidis meets with President Sisi in Cairo

Cyprus’ President, Nikos Christodoulides, arrived in Cairo on Wednesday for a two-day visit, while later in the day he is to hold talks with his Egyptian counterpart, Abdel Fattah El-Sisi....

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

617. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

618. Finland PM ousted, conservatives win tight vote

Finland’s main conservative party claimed victory in parliamentary elections Sunday in a tight three-way race that saw right-wing populists take second place, leaving Prime Minister Sanna Marin’s Social Democratic Party in third, dashing her hopes for reelection...

619. Completion of Project Starlight

620. Herodotou: 'European banking system in good health'

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

621. Nicosia vies for European Capital of Culture 2030

Nicosia has been nominated for the European Capital of Culture 2030 title. The Nicosia For Art company has been tasked with preparing and submitting the application by the decision of the City Council. ...

622. Delivery driver killed in Nicosia downtown crash

A young delivery driver was killed in a road accident after his motorcycle collided with a vehicle on Thursday night in downtown Nicosia...

623. Banks and artificial intelligence

Artificial intelligence is a technology that is based on a machine's ability to perform procedures and make decisions based on data analysis and learning....

624. President travels to Brussels to attend European Council meeting

Cyprus President, Nikos Christodoulides, departs on Tuesday evening for Brussels, where he will attend the European Council meeting that will take place on March 23 and 24....

625. Brussel's wager

The next three days will be a frenzy of diplomatic activity for Nicosia, as the European Council meets in Brussels on March 23-24. ...

626. 1 billion euros from the EU for Turkey's reconstruction

Ursula von der Leyen, President of the European Commission, and Ulf Kristerson, Prime Minister of Sweden, who holds the EU Council presidency, are hosting a donors' conference in Brussels today to raise funds and coordinate aid to those affected by the earthquakes in Turkey and Syria....

627. 'Cyprus banking system ready to absorb shocks'

Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...

628. 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...

629. ECB raises interest rates again by .5 percentage points

At noon on Thursday, the European Central Bank (ECB) confirmed that it would stick to its tactics to tackle inflation by announcing a 50 basis point hike....

630. 42,000 euros for every victim who died in the Tempe rail tragedy

Hellenic Train, whose train crashed in a head-on collision with a freighter on Feb. 28, killing 57 people on board, announced on Wednesday it will make advance payments to the families of the victims and to the passengers injured in the crash in Tempe, to cover their immediate financial needs....