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1741. Rate of NPL's unchanged in November 2022

Non-performing loans (NPLs) in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans unchanged at 10.5%....

1742. US looking for wreckage of a possible Chinese spy balloon

US Navy divers are working to recover the wreckage of the Chinese surveillance balloon that was shot down off the coast of South Carolina....

1743. Athens a winter wonderland after storm brings loads of snow

Today could be described as a White Monday in Athens because the storm "Barbara" has been pounding the city since last night. In fact, the snowstorm has caused schools to shut down, as well as the public and private sectors....

1744. DISY will now face difficult decisions

The embarrassed expressions on the faces of government and DISY executives who had rallied around Averof Neophytou after his defeat were indicative of the difficult dilemmas DISY will face in the coming day. ...

1745. Secrets of the A380: What passengers never see

1746. Presidential elections 2023: Up to the minute results from each city

Polling stations are finally closed for the day and the counting begins....

1747. Which candidate is leading the exit polls?

The results of the exit polls of all the TV stations have been made public....

1748. Registered unemployed increased by 8.6%

The unemployed persons registered at the District Labour Offices recorded an increase of 8.6% in January 2023, compared to January 2022, reaching 16,758 persons, according to data published by the Statistical Service on Friday....

1749. Every election-related detail you need to know. The results, the locations, and the polls

The presidential election countdown has begun, with only 48 hours until the first round of voting. ...

1750. Americans will soon need to pay a small fee to enter the UK

U.S. citizens will soon have to apply for permission before their United Kingdom trips and pay a small fee to enter as part of the country's upcoming Electronic Travel Authorization scheme....

1751. Interest rates in Cyprus continues its steady rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

1752. PODCAST: Time for the US to put more energy into solving the Cyprus problem

The UN Security Council just renewed the mandate for UNFICYP – the United Nations Peacekeeping Force in Cyprus – for another year instead of for six months. ...

1753. Critics say Cyprus' helmet law is a backward step

Bicycle advocates say a new law in Cyprus that requires cyclists to wear helmets on the road is not the right answer, arguing an austere approach does not make things safer but could result to other problems including unintended consequences...

1754. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

1755. The 8,000 euro electric car is coming to Europe

BYD is preparing to launch the new Seagull electric city car, which will offer a range of 300 km and a plethora of features in addition to an affordable price of around 8,000 euros, depending on the exchange rate....

1756. Tourism revenues are on the mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

1757. Eurostat: Cyprus had the highest stock of NPL's in 2021

In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....

1758. This man has an 86% accuracy rate in predicting the future

Ray Kurzweil, an inventor and futurist, releases his first book. "The Age of Intelligent Machines" discusses artificial intelligence and foresees the rise of the Internet in popularity. Impressive considering there were only 2.6 million internet users worldwide at the time....

1759. CBC: Household debt at 77% of GDP

The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...

1760. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

1761. Guarantor wants off the hook over old bad loan

Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...

1762. Cyprus ranks high in use of electronic cigarettes and hookahs

The Cyprus National Addictions Authority (CNAA) participates in a European citizen's initiative for a smoke-free environment and the first European smoke-free generation by 2030, CNAA President, Dr. Christos Mina announced, during a press conference, on Monday....

1763. Cyprus' use of renewable sources for electricity rising, despite slow progress

Despite slow progress, Cyprus still ranks fifth from last in the use of renewable energy sources for electricity....

1764. 113.7% increase in counterfeit euro banknotes in 2022

In 2022, 451 counterfeit euro banknotes were removed from circulation in Cyprus, an increase of 113.7 percent over the previous year....

1765. Why didn't they vote?

This may seem unthinkable in Nicosia, but journalists interested in learning more about the upcoming Cypriot presidential elections, both officially and unofficially, have one question: is there any chance that Cyprus' stance on the European Union's response to Russia's invasion of Ukraine will change, and will we have "another Viktor Orban?"...

1766. Covid, RSV & influenza are causing a triple epidemic

With regard to seasonal viruses, hospitals seem to be operating in a precarious situation in terms of bed availability. ...

1767. Deposits up by more than €0.5 billion in December 2022

Deposits in the Cypriot banking system rose by almost €590 million in December 2022 with total deposits in end-2022 amounting to €52 billion....

1768. Petrol sales down by 7.5% in December 2022

Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....

1769. 30% less passengers between UK and Paris due to Brexit delays

Eurostar has said that its trains between the United Kingdom and Paris are carrying 30 percent fewer passengers than their capacity....

1770. Limassol could still have another 8,000 apartments

As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...