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1021. Many dead after trains collide in Greece

A passenger train in Greece carrying hundreds of people collided with an oncoming freight train in a fiery wreck in the country’s north early Wednesday, killing 32 and injuring at least 85...

1022. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

1023. Netflix cuts prices in 30 countries

Streaming giant Netflix has cut prices in more than 30 countries as it attempts to attract more subscribers....

1024. Akamas compensation guidelines poses risks, says Finance Minister

"The guidelines for compensating landowners in Akamas for the loss of land value they have incurred and providing assistance to the neighborhood are speculative and ill-defined....

1025. Turkey pushes on rebuilding as death toll nears 50,000

Turkey has stepped up plans to house victims of the devastating earthquake which struck its border region with Syria, the interior minister said, as the combined death toll in the two countries crept toward 50,000....

1026. Work begins on jetty for mooring FSRU in Cyprus

Work for the construction of a jetty, as part of the LNG Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun...

1027. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

1028. Electricity subsidies extended for another two months

The Council of Ministers, which convened on Wednesday for the last time under outgoing President of the Republic Nicos Anastasiades, approved the extension of a subsidy for the cost of electricity consumption as well as reduced excise for specific products....

1029. Fruits and vegetables being rationed in Britain

Supermarkets across the country have begun rationing fresh food items in a move that is expected to last “weeks”....

1030. Akamas Plan: What goes to the Cabinet tomorrow

Minister of Agriculture, Rural Development and Environment Costas Kadis met with the Ministers of Interior and Finance, against the backdrop of the Akamas Local Plan, which will be brought before the Council of Ministers on Wednesday (22/02)....

1031. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

1032. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

1033. 'O Captain, My Captain!', says Averof to Nikos

When the poet Walt Whitman wrote the famous poem "O captain! My captain" in 1865, he was thinking of Abraham Lincoln as the "helmsman" and the American state as the ship that anchored safely in Lincoln's hands....

1034. Mr. Kadis: 'The goal is to recycle 70% of construction and demolition waste'

Agriculture Minister Costas Kadis stated in his address at the "Workshop for the presentation of an innovative robotic method of separating waste from construction and demolition" that the goal is for at least 70% of the waste generated from construction and demolition to be recycled....

1035. Lagarde announces a new interest rate hike in March

European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....

1036. Is Europe ready to accommodate older travelers?

As the world’s population is growing older, the tourism industry will have to adjust, meaning that tourism should be more accessible and inclusive for this category of travelers....

1037. Plans to upgrade hotels in the mountains and countryside are underway

1038. All new city buses in the EU to have zero emissions by 2030

The Commission of the European Union has presented a plan through which it requires new buses operating within the bloc to have zero emissions by the year 2030....

1039. #PoliticsBlog: The Judas kiss and the new ministers

But let us return to our own shocking kiss between Averof and Christodoulides: it was spontaneous, full of nostalgia for carefree moments in the past, and definitely tinged with liberalism, or, to be more precise, the popular European right. ...

1040. PwC: 5.2 billion in real estate transactions in 2022

Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...

1041. Government strengthens its stance against gender based violence

Cyprus is taking another step towards strengthening the framework for effective prevention and battling of violence against women, with the approval by the Cabinet of two important proposals....

1042. Cypriot minister upset after illegal dump incident

Environmental inspectors who went to an illegal dump in Limassol to probe allegations of waste management irregularities ended up fearing for their lives, prompting the environment minister to admit the state has been unable to deal with lawlessness...

1043. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

1044. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

1045. Preparations for second round in the final stretch

Preparations for the second round of the Presidential elections on Sunday are in the final stretch. On Thursday the distribution of ballots was completed and on Friday the ballot boxes will be delivered....

1046. Cyprus drives hard bargain on EU migration money

Outgoing Cypriot President Nicos Anastasiades will note the disproportionate burden for the Republic of Cyprus due to the increased migration flows, during the European Council summit taking place on Thursday and Friday in Brussels, highlighting the instrumentalization of the migration issue by Turkey...

1047. Lidl Cyprus is constantly reducing its energy footprint and contributes to the protection of the environment on a daily basis

This year, the company was also certified with the ISO 50001 for its energy management system and for the first time it attained green certificates for 100% of the energy supplied by EAC....

1048. Cyprus wants to use American gift to help region

The CyCLOPS training centre is now 100% Cyprus-owned and gives the country the opportunity to become a regional centre as regards the effort to help the broader region in matters of natural disasters, Minister of the Interior, Nicos Nouris, said on Wednesday...

1049. New Zealand recovers 3 tons of cocaine floating in Pacific Ocean

New Zealand police said Wednesday they found more than 3 tons of cocaine floating in a remote part of the Pacific Ocean after it was dropped there by an international drug-smuggling syndicate....

1050. Death toll surpasses 11,000 as Erdogan visits quake ravaged areas

President Recep Tayyip Erdoğan has visited the region of southern Turkey devastated by this week’s earthquake as the death toll rose above 11,000 and acknowledged that his government faced problems getting aid to victims....