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1231. 9.2 million passengers traveled through Cyprus in 2022

A total of 9.2 million passengers traveled through Cyprus airports in 2022, which corresponds to 82% of passenger traffic in 2019, Senior Director of Aviation Development, Marketing & Communication of Hermes Airports Maria Kouroupi said....

1232. The plan to bring in more German tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....

1233. Projects in excess of €48 million will begin in the first quarter of 2023

Projects worth more than €48 million will be tendered in the first quarter of the year under the Cyprus Tomorrow Plan, according to Government Spokesman Marios Pelekanos....

1234. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

1235. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

1236. Cypriot judge slams Chinese justice in extradition case

A Cypriot judge denied last week an extradition requests citing a lack of fair trials in China, a decision said to be a precedent for many other cases on the island, in Europe, and around the world...

1237. Four year old with strep throat transferred to Israel

1238. WOLT delivery drivers: Labor violations confirmed, fines to be imposed

Following interviews with 94 deliverymen working for an online platform, the director of the Labour Relations Department of the Labour Ministry, Antis Apostolou, said on Wednesday that violations relating to undeclared work and non-licensing to employ third-country nationals have in some cases come to light....

1239. Stolen 8th century BC jug returned to Cyprus

A Cypriot jug from the 8th century BC that was offered for sale on the Dutch art market, and which appeared to have been smuggled out of Cyprus shortly after the Turkish invasion of the island in July 1974, was recently returned to the Republic of Cyprus....

1240. Cypriot team in Antarctica to plant flag on Xmas Day

Α Cypriot team will be in Antarctica on 25 December 2022, in the coldest, highest, windiest, and driest continent on Earth, where the lowest earth temperature - 89.2 C, of all time, has been recorded, as part of the national program "Flag of the Republic of Cyprus on the highest peaks of the world" which is under the auspices of the President of Cyprus and the National Olympic Committee...

1241. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

1242. Is your organization Agile enough to embrace what tomorrow brings?

The transformation imperative is urgent, challenging and opportunity rich. Leaders are reframing their businesses to adapt to a new landscape by innovating their business model, elevating their customer experience, and finding new ways to leverage data and technology. This demands a careful balance: sustaining performance while investing in the skills, technologies, and agile ways of working to accelerate growth and create new opportunities. EY Agile practitioners place humans at the center of the organization, leverage technology at speed and innovate at scale....

1243. Wolt drivers to meet at Ministry of Labor to resolve issue

The Labor Disputes Division of the Department of Labor will host a meeting on Wednesday morning to resolve the working conditions and demands of Wolt distributors, who have been on strike since last Monday. ...

1244. White House dazed over emails about Cypriot gas company

US President Joe Biden is expected to say whether he would challenge a decision by National Archives to release documents concerning his son’s role in a controversial gas company in Cyprus and allegations that business dealings may have improperly influenced American policy...

1245. KEDIPES disburses another €80 million to the state

The Board of Directors of the state-owned asset manager, KEDIPES, has decided to disburse another €80 million to state coffers for the fourth quarter of this year, with the amount paid to the state in 2022 reaching €310 million....

1246. TikTok to be outlawed on US government-owned devices

The US Senate late on Wednesday passed by voice vote a bill to bar federal employees from using the Chinese-owned video-sharing app TikTok on government-owned devices....

1247. Kaili’s lawyer drops hint about Italian job

There is conflicting information about a corruption investigation in the European Parliament following the arrest of a Greek former VP, with media reports speculating she was being detained in connection with Qatar while her lawyer is pointing the finger squarely at her Italian fellow suspects including her male partner...

1248. MEP Eva Kaili fires back from jail cell

An attorney for EU lawmaker Eva Kaili, who is accused of being involved in an alleged bribery scandal involving a Gulf state, says money found in his client’s Brussels home did not belong to her, while a Cypriot MEP says he was troubled by her colleague’s stance towards Turkey’s ally Qatar...

1249. US at the ready to lend support to Cyprus

Should disaster strike once again, the United States stands ready to lend its support, resources, and expertise to the Republic of Cyprus, US Ambassador Judith Garber assured, pointing out at the same time, that Americans have benefitted directly from the heroism and efficiency of the Civil Defense team in the past....

1250. Solon Kassinis has died

Solon Kasinis, a former DISY MP, passed away today at the age of 70....

1251. Gatzke returns to Hellenic

Oliver Gatzke, CEO of the Hellenic Bank, has returned to the Bank of Greece's headquarters as of today, December 12....

1252. CERA emergency meeting - Power outage risk

Since this morning, an emergency meeting of the Cyprus Energy Regulatory Authority (CERA) has been held to examine the situation that is expected to arise as a result of the Electricity Authority's guilds' decision not to put the six steam power units of the Dhekelia Power Plant into operation next Wednesday,...

1253. Leading the real estate industry at the KEBE Awards

This year we are very proud to announce that Pafilia‘s Managing Director was awarded Business Leader for the Construction, Property and Real Estate Sector....

1254. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

1255. Parents furious over woke play for school kids

A local adaptation of Jules Verne’s Around The World In 80 Days has been revised after parents in Cyprus cried foul over the show broaching homosexuality during a live performance in front of preteens...

1256. Anastasiades to brief Slovakian president on Cyprus issue

Cyprus President, Nicos Anastasiades, will have a meeting today at 12:45 with the President of Slovakia, Zuzana Čaputová, with whom he is expected to discuss, among other things, the Cyprus issue...

1257. EU Parliament VP suspended on serious corruption charges

The Belgian judiciary has arrested four people as part of an investigation into a corruption case involving bribery from Qatar, while two others have been released....

1258. Tying up loose ends at Hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

1259. Germany needs 400,000 employees annually to cover labor demands

Due to Germany’s aging population which results in a lack of qualified workers, the country’s labor market is at risk, with authorities left to count on target migration as a solution for the situation. ...

1260. Unaccompanied minors are on the rise

Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....