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541. Andros Kyprianou discusses AKEL's surprising 'no' to the Annan Plan

"The looming threat of Tassos' resignation if the 'yes' vote was adopted for the Annan Plan," states Andros Kyprianou, former Secretary General of AKEL's Central Committee, in an interview with "K."...

542. 70 flights cancelled during German storms

Due to heavy rainfalls over Frankfurt, dozens of flights were canceled at Germany's largest airport on Wednesday....

543. Investment fund assets surge by almost €1 billion in 2023

Total assets of investment funds in Cyprus increased almost by a billion in June 2023 compared to December 2022....

544. UK inflation dips to 17-month low

UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month. ...

545. High-tech water system discovered in Cyprus

A complex water drainage system was brought to light by the archaeologists at the site of Dromolaxia-Vyzakia, Larnaca district. The discovery offers important insights into the organisation of Late Bronze Age urban centres in Cyprus. ...

546. Poland's big parade shows readiness

Poland held its largest military parade in decades on Tuesday, in a flex of defensive muscle that comes as tensions rise on the border between the NATO nation and key Russian ally Belarus....

547. Russia implements bold rate hike amidst economic challenges

Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....

548. Migrant and refugee border crossings down 29%

The number of detections of irregular border crossings by migrants and refugees at EU’s external borders declined by 29% in the first seven months of 2023 compared to the same period last year, according to preliminary calculations published by Frontex....

549. Russia's ruble drops to lowest level since 2022 conflict

The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....

550. Online coordination sparks mass protests for free beaches

Many see wrongdoings or abuses of power, but they have self-taught themselves to overlook them. Many experience humiliations or injustices, but they have learned to remain silent....

551. Record surge in loan renegotiations amidst rising interest rates

Loan renegotiation in the Cyprus banking system spiked to record levels in the first half of 2023, driven mainly by the repeated interest rate hikes by the European Central Bank (ECB) in its effort to tackle soaring inflation....

552. BOC reports €220 million profit for first half of 2023

Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....

553. Larnaca urges beachgoers to respect dog bathing rules

The Larnaca Municipality has issued an appeal to individuals enjoying the Spyros Beach area for dog bathing, urging them to strictly follow current regulations to prevent any conflicts with other beach users....

554. CBC: Bounced checks decline continue to decline

A total of 36 bounced checks, amounting to €112,717, were issued in July 2023. These checks involve 18 entities, consisting of 11 legal entities and 7 individuals. ...

555. Chinese capital hit by deadly floods: 20 dead, 27 missing

Torrential rain in areas around China's capital, Beijing, killed at least 20 people and left 27 missing, the government reported Tuesday, as flooding destroyed roads, uprooted trees, and knocked out power. ...

556. Corporate loans above €1 million surge

The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....

557. Prices of homes and apartments up 7.7% annually

The rise recorded in the housing market in Cyprus during the first quarter of 2023 was significant, as prices continued to increase, especially in apartments, mainly due to higher demand....

558. The four-year wait: Bristol pub's legendary roasts have diners waiting years for a seat

If anticipation heightens pleasure then diners at one Bristol pub must be ecstatic by this point. With customers waiting up to four years to sample its award-winning meals, the Bank Tavern in central Bristol looks to be one of the hottest tickets not just in town but anywhere....

559. Expert Dr. John Oliver at Digital Agenda 2023

Dr. John Oliver, a leading expert in media management and former president of the European Union Media Management, will be a keynote speaker at the Digital Agenda Cyprus Summit 2023, taking place on October 17th at Nicosia Municipal Theater....

560. ECB dilemma with core inflation at 5.5%

The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....

561. Cyprus banks witness €52.3B growth

Deposits in the Cyprus banking system rose significantly in June totalling €52.3 billion, while liquidity in the banking system amounted to €27.2 billion....

562. Paris revives Seine swimming after century

With a year to go to the Olympics, Paris is in the final phase of a historic clean-up which will soon see swimmers and divers back in the River Seine....

563. Greece's wildfire crisis: Severity and root cause

Roaring fires have ripped through Greece, belching thick clouds of choking smoke and forcing tens of thousands of people to flee....

564. Portugal busts criminal migration network

A total of 110 officers from the Portuguese Criminal Police (PJ), together with 12 Service of Foreigners and Borders (SEF) and authorities from other countries, have been leading a crackdown on a criminal network considered responsible for the free movement in Europe of a large number of migrants in an irregular way....

565. Armed forces' drones to monitor fires in Greece

A modern "tool" with impressive surveillance capabilities is available to the Unified Coordination Center of Operations and Crisis Management of the Civil Protection in the "battle" against wildfires....

566. Ηead & Hand: Akamantis by artist Kyriaki Costa

567. Ryanair to resume flights despite Greece wildfires

Ryanair has issued an update to UK holidaymakers on flights to Greece as the country battles raging wildfires amid a record-setting heatwave....

568. Government's solar power initiative for vulnerable homes

The government is currently working on the installation of free solar power systems for vulnerable individuals....

569. Iraq cuts diplomatic ties with Sweden over Quran burning

The Iraqi Prime Minister, Mohammed Shia Al-Sudani, ordered on Thursday to withdraw the Iraqi charge d’affaires in Stockholm and expel the Swedish ambassador to Iraq, the Iraqi News Agency (INA) reported....

570. ChatGPT's rise sparks academic debates

ChatGPT, an artificial intelligence software based on advanced language models, capable of generating texts from corresponding programs, was put into use....