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901. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

902. Rowdy celebrations erupt in Norway as COVID restrictions end

Police in Norway on Sunday reported dozens of disturbances and violent clashes including mass brawls in the Nordic country’s big cities...

903. Magnitude 5.8 quake hits the island of Crete this morning

A strong earthquake shook the island of Crete at 9:17 am this morning, sending residents running outside their homes....

904. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

905. Hellenic posts 21 million euro profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

906. Cyprus ranks low in teleworking compared to other EU countries

According to data published by Eurostat, the proportion of Cypriots who worked from home in 2020 due to the pandemic was low...

907. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

908. Cyprus sees Far East wide open for tourism

Cypriot deputy tourism minister Savvas Perdios wants Gulf Air to keep the island in mind when expanding to Europe and America, hoping more connections would encourage Saudi visitors “from good stock” to pop up next door to Bahrain for a visitor visa to Cyprus...

909. Foreign Press: How Erdogan uses Cyprus to send migrants to the EU

On the occasion of the visit of the Austrian Minister of European Affairs Caroline Edstadler to Nicosia, the Austrian newspaper Kurier focuses on the possible new increase of migration flows in Cyprus after the developments in Afghanistan and the role of Turkey. ...

910. President Anastasiades begins official meetings in Bahrain

He arrived yesterday in Manama, the nation’s capital, and was greeted by Minister Abdullatif bin Rashid Al Zayani....

911. Turkey, West poised to dance a ‘violent tango,’ foreign policy expert tells K

A lot of Erdogan’s rhetoric focuses on making Turkey a great power. He sees that as challenging European hegemony....

912. Tenants evacuate as fire breaks out at store

Apartments above a local convenience store in west Nicosia had to be evacuated in the wee hours Wednesday morning after a fire broke out in the establishment...

913. EY and IIF survey shows climate change top concern for banks

914. Cyprus worried as Taliban talks amnesty

The foreign ministry in the Republic of Cyprus said non-discrimination against women and girls in Afghanistan should be an 'immediate priority' while there was wide skepticism over Taliban’s latest amnesty comments...

915. Cavusoglu boos Greek ‘maximalist demands’

Turkish Foreign Minister Mevlut Cavusoglu says Ankara is in favor of settling maritime disputes fairly and in accordance with international law against 'maximalist demands' by Greeks and Greek Cypriots...

916. Chaos as Biden defends withdrawal

Thousands of people desperate to flee Afghanistan thronged Kabul's airport on Monday after the Taliban seized the capital, prompting the United States to pause evacuations, as President Joe Biden confronted mounting criticism over the US withdrawal...

917. Thousands flee fires in Greece, Turkey

Thousands of people fled wildfires burning out of control in Greece and Turkey on Friday, including a major blaze just north of the Greek capital of Athens that claimed one life, as a protracted heat wave left forests tinder-dry and flames threatened populated areas and electricity installations...

918. Wildfires roar back to life near Athens

Wildfires north of Athens leapt back to life on Thursday as searing conditions persisted and emergency crews battled blazes across Greece for a third day running...

919. Cypriot president points finger at UK and UN

Cypriot President Nicos Anastasiades says “Erdogan’s audacity” has been fueled by Great Britain and the UN’s special envoy to Cyprus, with the Greek Cypriot leader suggesting during an interview this week that a veto on the EU’s positive agenda with Ankara has not been ruled out...

920. Policing Safe Pass put to the test

An incident in broad daylight in Nicosia has raised questions over the latest use of Safe Pass, with police keeping quiet about reports of a downtown arrest and some business owners refusing to check documents at the door...

921. Cyprus scrambles to contain chaotic wildfire

Villages in Limassol and Larnaca districts were being evacuated on Saturday due to a huge wildfire fire raging through rural communities, with Cypriot police arresting a suspect and the government appealing for aid from EU partners and Israel...

922. Cavusoglu visit sets threshold in Cyprus talks

Turkish Foreign Minister Mevlut Cavusoglu says Ankara does not accept the mentality that Turkish Cypriots are a minority in Cyprus, accusing Greek Cypriots of denying equality between the two communities while also pulling favors from the European Union...

923. EAC burn victim loses fight for life

An electric utility worker has succumbed to his injuries at a Greek hospital, where he was being treated for severe burns following a substation accident in Cyprus last month...

924. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

925. Young man killed in Nisou car crash

A young man in the front passenger seat was killed in a car accident south of Nicosia on Friday, with police seeking the public’s help as they investigate a two-vehicle collision...

926. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

927. Cyprus tries to find footing in tourism chaos

Tourism deputy minister Savvas Perdios remained optimistic after a trip to Moscow, saying he hoped Russia would allow the resumption of chartered flights to destinations including Cyprus in a matter of weeks, but he also reiterated his position that all the efforts in Nicosia still depended largely on decisions in other capitals...

928. Athens irked over Cavusoglu’s minority tweet

Turkish Foreign Minister Mevlut Cavusoglu on Sunday began his trip to Greece, with a tweet about an unofficial visit to the northeastern province of Thrace prompting angry reactions from Athens...

929. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

930. Fact sheet puts US-Cyprus ties at historic high

The US State Department’s latest fact sheet on the Republic of Cyprus heralds a bright future of cooperation between the countries, with relations between the superpower and the island nation described as being at a historic high...