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2341. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

2342. More routes and airline seats for the winter

The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...

2343. Complaints about Black Friday deals have begun

The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....

2344. Turkey says S-400 ready for use if needed

Turkish Defense Minister Hulusi Akar says his country’s Russian-made surface-to-air missile batteries are ready for action and will be used if the country is threatened...

2345. Archbishopric hopefuls turn attention to foreign voters

A growing number of reports on the archbishopric election in Cyprus, a high stakes political affair set to take place next month, suggest foreign voters are a big unknown as six contenders navigate a deeply divided society where influences from East and West are being renegotiated...

2346. Anastasiades meets Scholz, Steinmeier in Berlin

Republic of Cyprus President Nicos Anastasiades is set to meet the political leadership of Germany on Wednesday, during his working visit in Berlin...

2347. The consequences of continuing foreclosure suspensions

Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....

2348. 32nd Auction Sale by Psatharis

Once again, the Psatharis Auction House has collected a rich group of artworks that will be presented at the Kleopatra Hotel from November 28th to 30th as part of the 32nd auction. The collection includes over 130 works by Cypriot and Greek artists and a remarkable selection of maps of Cyprus....

2349. The visionary leader of Pafilia wins at the prestigious Bank of Cyprus Man of the Year Awards

Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR Awards, with the title of Best Manager / Entrepreneur....

2350. Russian-born lawyer in Cyprus throws hat in ring

Local media this week got wind of a possible presidential run by a Limassol-based corporate lawyer, who was born in Russia before the dissolution of the Soviet Union and believes Cyprus should be a neutral state...

2351. Cypriot registered ships decrease by 21% due to sanctions

A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....

2352. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...

2353. Shocking! No resolution on the Cyprus issue

Was it unfair that Miroslav Jenca, the UN Assistant Secretary-General for Europe, Central Asia, and the Americas, met with President Anastasiades and TC leader Ersin Tatar?...

2354. Children's House: 1,565 children screened for sexual abuse

Children's House received referrals for 1,565 children to be investigated for sexual abuse from its inception in September 2017 until October 2022, according to a press release issued by Hope For Children Organization on Friday in honor of today's European Day for the Protection of Children Against Sexual Exploitation and Abuse....

2355. Chevron buys time as Cyprus and Israel still negotiate

Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...

2356. US-Cyprus army cooperation bill heads to the House

A bill that paves the way for further military cooperation between Cyprus and the Unites States reached the House this week, following months of media hype about the island’s intent to help Ukraine with Russian-made missiles, but the specific agreement explicitly excludes weapons systems...

2357. Resumption of Cyprus peace talks bleak

Ioannis Kasoulides offered a bleak outlook Thursday for resuming stalled peace talks any time soon even though a senior United Nations official affirmed the commitment of the world body’s chief to remain engaged in resolving one of Europe’s most intractable conflicts....

2358. EY Cyprus presents the Transparency Report 2022

ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...

2359. Cypriot residents took more trips abroad this month compared to last year

A total number of 119,466 residents of Cyprus returned from a trip abroad in October 2022, compared to 64,547 in the corresponding month last year, recording an increase of 85.1%....

2360. What do Cypriots buy on Black Friday?

Only eight more days until the much-anticipated Black Friday shopping day, and ads for discounted goods continue to pound the public. Every year, many people look forward to this day in order to find the best deals on products they need....

2361. Marios Georgiou named Man of the Year 2022

Marios Georgiou was named Man of the Year at the 21st annual Bank of Cyprus - Man of the Year Awards 2022 held at the Parklane Hotel in Limassol last night, Wednesday, November 16th, in the presence of the President of the Republic of Cyprus, Mr. Nicos Anastasiades. ...

2362. Bird activists in Cyprus stand ground after video incident

The Committee Against Bird Slaughter in Cyprus says organized hunters were misleading the public over an incident last week, saying an activist caught on video and accused of harassing them was in fact waiting for authorities after having called in an illegal activity...

2363. Who benefits from the proposed rent-to-mortgage scheme?

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

2364. 50 products specified in Cyprus' 'Household Basket'

The Consumer Protection Service will present its initial proposal for the Household Basket in Cyprus to the stakeholders - the Hypermarkets Association, the Retailers Association, the OEB, and the CEB - at 12 noon on Wednesday. ...

2365. EY Cyprus awarded project of Holistic Management of Cyta’s Sustainable development

EY Cyprus has been awarded by Cyta the project of the Holistic Management of the company’s Sustainable Development. ...

2366. Menendez reassures Cypriots no fighter jets for Erdogan

US Senator Bob Menendez has renewed his commitment to stop F-16 fighter sales to Turkey, calling instead on everyone to make sure that all Turkish soldiers leave Cyprus down to the last one...

2367. Cyprus ‘greatly concerned’ after missiles hit Poland

Cyprus says it is following a deadly missile attack in Poland 'with great concern' after an explosion at a grain facility near the Ukrainian border killed two people, with Moscow flatly denying any involvement and Washington suggesting Russia was likely not an actor in the attack...

2368. Averof proposes a tax-free family income of 39,500 euros

2369. Student demonstrators call for reunification (images)

Students marched on Tuesday in Nicosia and other government-controlled areas of Cyprus, in protest of the unilateral declaration of the illegal Turkish Cypriot regime. ...

2370. Air traffic in Cyprus expected to exceed 9 million this year

Air traffic in Cyprus will exceed 9 million passengers this year, despite the disruption in travel due to the war in Ukraine and the ensuing sanctions impost by the west against Russia, Eleni Kalogirou, Chief Executive Officer Hermes Airports, the operator of Cyprus’ two international airports, has said....