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121. President proposes measures to address foreclosure

During the International Investment Awards ceremony held by Invest Cyprus, President Nikos Christodoulides delivered a speech addressing the issue of foreclosures and their impact on the economy. ...

122. UN chief spells out need for envoy deal on Cyprus

An important step forward would be an agreement with the sides on an appointment of a United Nations envoy, who could explore ways to reach common ground towards resuming negotiations for a lasting settlement in Cyprus, the UN Secretary General says, while urging the leaders to send a clear signal that 'this time things will be different'...

123. Manhunt in Cyprus after detainees escape

Three detainees managed to escape during their transfer from the court in Nicosia to the central prisons, prompting a manhunt by the so-called "police authorities" of the pseudo-state....

124. Restart seen in talks between Greece, Turkey

Prompted by the recent period of calm in the Aegean and Eastern Mediterranean, Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis, both freshly re-elected, are aiming to announce the resumption of bilateral contacts after meeting at the NATO summit in Vilnius on July 11-12...

125. Young Greeks appear more pro-American

Anti-Americanism in Greece seems to be on the wane, as a recent Pew Institute survey in 23 countries showed that 56% of Greeks have a positive view of the United States...

126. House Speaker tells college grads Cyprus needs them

The brain drain in Cyprus may not be as threatening as that of other countries, but it is still a concern, the President of the House of Representatives Annita Demetriou said on Tuesday evening, addressing the graduation ceremony of the Faculty of Pure and Applied Sciences of the University of Cyprus...

127. Cyprus struggles to reduce landfill waste, falling behind targets

Cyprus is facing significant challenges in meeting its municipal waste management and recycling targets, prompting concerns from the European Commission, according to a report on Philenews....

128. Search intensifies for missing sub as Canadian military detects underwater noises

A Canadian military surveillance aircraft detected underwater noises as a massive search continued early Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic....

129. Miami protests against Trump about the 37 felony counts

Donald Trump is set to make his first court appearance Tuesday in a historic criminal case charging the former president with hoarding top secret government documents, boastfully displaying them to visitors, and trying to hide them from investigators who demanded them back....

130. Biden stumbles during address to Air Force academy graduates

President Joe Biden on Thursday thanked U.S. Air Force Academy graduates for choosing “service over self” but said they now have the ''great privilege'' of leading in a world that will only get more confusing in the years to come....

131. President Christodoulides calls for stronger anti-corruption measures

In a seminar organized by the Cyprus Bar Association on "Independent Anti-Corruption Authority: legislation, practice, and challenges," President of the Republic, Nikos Christodoulides, emphasized the government's commitment to combating corruption and promoting political accountability....

132. EY: 4th Women Fit for Business Program Successfully Completed

133. Cyprus Cancer Research Institute: Scientific bridge between Europe and Cyprus

An important project for science and humanity was inaugurated on Monday, May 22, at the University of Cyprus campus, the "Nicola David – Pinedo Building" of the Cyprus Cancer Research Institute (CCRI), made possible thanks to the donation of Georgios and Kaiti David in memory of their daughter Nikola, who passed away in 2016 due to cancer....

134. Cyprus Chambers call for bilateral improvement of Green Line trade

The Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (KTTO) support all efforts aimed at the bilateral improvement of Green Line trade....

135. Here comes the Digital Euro!

The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...

136. Turkish Cypriot entrepreneur purchases hotels in closed Famagusta

Yeni Bakis reported today that a Turkish Cypriot entrepreneur claims to have purchased three hotels and two floors of apartment buildings from their Greek Cypriot proprietors in the closed Famagusta. ...

137. Human rights commissioner reappointed

On Friday, Cyprus President Nikos Christodoulides welcomed Commissioner for Administration and the Protection of Human Rights Maria Stylianou-Lottides to the Presidential Palace for her reappointment....

138. French furious over retirement age increase of 2 years

Hundreds of thousands of people are expected to fill the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron....

139. UN report reveals 47 mine-contaminated areas in Cyprus

According to data from UNFICYP, 47 suspected hazardous areas in Cyprus could be contaminated with mines and/or explosive remnants of war (ERW), covering roughly 1.7 million square meters of land....

140. Cyprus and Israel thankful for mutual support

The relations between Cyprus and Israel will flourish even more, Israeli Foreign Minister Eli Cohen who arrived Thursday on the island ahead of a tripartite meeting between Cyprus, Israel and Greece said, also noting that Cyprus is a safe place for Israelis...

141. Saudi National Bank president resigns

The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....

142. 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...

143. Macron under pressure as pension protests turn violent

French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....

144. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

145. It's been 10 years since the haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

146. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

147. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

148. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

149. Saudi Arabia puts $5 billion into Turkish central bank

Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck southeast Turkey and northern Syria....

150. Reduction of electricity costs a priority, says new Energy Minister

One of the first priorities of the new administration will be to reduce the cost of electricity, in order to help the industry and the economy reach the potential “they deserve”, new Minister of Energy, Commerce and Industry Giorgos Papanastasiou said on Wednesday....