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811. Herodotou: 'Interest rates should be increased gradually'

The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....

812. Commission VP demands review of EU decision to trademark ‘Turkaegean’

European Commission Vice-President Margaritis Schinas has sent a letter to Internal Markets Commissioner Thierry Breton demanding a review of a decision to approve Ankara’s request to trademark the term ‘Turkaegean.’...

813. Seniors in Cyprus remain skeptical of fourth shot

A spectacularly small number of people over 60 got their fourth COVID jab so far in the Republic of Cyprus, with the health ministry contemplating to lower the age threshold at a time while medical experts advocating for the vaccine are jumping ship on the immunity debate...

814. Germany a step closer to rationing after Russia cuts gas supplies

The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit. ...

815. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

816. Trial of UK man accused of murdering ailing wife delayed

The trial of a British man charged with the premeditated murder of his sick wife in Cyprus’ coastal resort town of Paphos was pushed back until September on Thursday, with defense lawyers arguing that David Hunter should instead be charged with assisting a suicide....

817. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

818. East-West orthodox split deepens in Cyprus

An interview with the Archbishop of Cyprus, who used unfavorable words for detractor bishops as well as the Patriarch of Moscow, is causing all sorts of reactions on the island where campaign drama is unfolding both in a highly contested presidential election and a looming replacement for head of church...

819. Researcher's avatar sexually assaulted on the metaverse

A researcher entered the metaverse, wanting to study users' behavior on Meta's social-networking platform Horizon World. But within an hour of her donning her Oculus virtual reality (VR) headset, she says she was raped in the virtual space....

820. 'Goodfellas' actor Ray Liota dead at 67

Martin Scorsese, Robert De Niro and Kevin Costner have paid tribute to the "uniquely gifted" Ray Liotta, who has died age 67....

821. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

822. Bank of Cyprus to reduce its employees by 500 in 2022

823. Bioethics Committee in favor of euthanasia under strict guidelines

The Head of the Cyprus National Bioethics Committee Dr. Constantinos Fellas says that euthanasia could be introduced in society as long as it is not taking place unwillingly and that there has to be a strict framework of conditions in place....

824. Cacophony emerges as Cyprus stalls foreclosure bills

The finance ministry in the Republic of Cyprus is scrambling for new ways to overcome an awkward impasse on two crucial foreclosure bills, after opposition parties blamed the administration for not doing enough to have the European Commission go along with amendments to protect bad loan guarantors...

825. Cypriot journalists want UK to block Assange extradition

Journalists in Cyprus have spoken out in favor of WikiLeaks founder Julian Assange, who is getting closer to the possibility of being extradited to the United States following an order by a London court...

826. EU parliament votes to keep EU Digital COVID Certificate in place until June next year

The Parliament of the European Union has given the green light to the Member States to keep the EU Digital COVID Certificate in place until June next year....

827. Mercedes launches first self-driving tech in Germany

The two flagship models from Mercedes-Benz, the S-Class and the all-electric EQS, will soon be able to be ordered with conditional self-driving tech in Germany. ...

828. WHO: Covid led to 15 million deaths globally, not the 5 million reported

Almost three times as many people have died as a result of Covid-19 as official data show, according to a new World Health Organization (WHO) report, the most comprehensive look at the true global toll of the pandemic so far....

829. Lower interest rates on deposits and consumer loans

A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022....

830. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

831. How Marcos could control hunt for his family's wealth as Philippines president

If Ferdinand Marcos Jr. triumphs in the upcoming Philippines presidential election, he will wield broad powers over government agencies seeking to recover as much as $10 billion plundered by his namesake father during his autocratic rule....

832. Cyprus police reject school shooting plot claim

Shocking allegations about a thwarted school shooting in rural Nicosia have been dismissed by police, who said the claim was blown out of proportion after a parents association official alluded to the incident when he told parliament there was tension in the community due to migration...

833. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

834. PM hails ‘new energy gateway’ at LNG terminal project launch in northern Greece

The liquified natural gas terminal being developed in Alexandroupoli will be a “new energy gateway” that will help Europe and the Balkans become less reliant on Russian supplies, Prime Minister Kyriakos Mitsotakis said on Tuesday, at the inauguration of the landmark project in northern Greece....

835. Protests erupt after potential US Supreme Court move to overturn abortion rights ruling

Anti-abortion activists and pro-abortion rights supporters took to the streets of Washington on Tuesday after news that the U.S. Supreme Court may overturn the 1973 Roe v Wade ruling that legalized abortion....

836. Moderna asks US authorization of COVID shots for kids under 6

Moderna Inc. said on Thursday it asked U.S. regulators to authorize its COVID-19 vaccine for children under the age of 6, which would make it the first shot against the coronavirus available for those under 5-years-old....

837. Clashes between locals and foreigners continue

A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...

838. Increase of property supply leads to decline of housing prices

The increase in the property supply has contributed to a decline in prices in Cyprus in recent months, according to the latest figures reported by the Statistical Service of Cyprus (CyStat) this week....

839. Lithuania becomes first EU country to cut off Russian gas

Lithuania became the first European Union country to end its dependence on Russian gas, according to its energy minister....

840. Ten more years of roaming without additional fees

The EU will renew the “Roam Like At Home” scheme for another ten years, under plans adopted by Parliament on Thursday....