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91. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

92. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

93. Greek millionaire's $2M gift transforms village

In a surprising twist of fate, the legacy of a frugal Greek millionaire, Steven Zonas, unfolded in 1980, revealing a hidden fortune that transformed his native village, Mexiates in Phthiotis, Greece....

94. Maria Stylianou-Lottidi breaks barriers, elected to IOI Europe board

In a historic move, Ms. Maria Stylianou-Lottidi, the Commissioner for Administration and Protection of Human Rights in Cyprus,...

95. Atterbury Europe unveils green vision for Limassol Mall

In a groundbreaking move towards a sustainable and environmentally friendly future, Atterbury Europe is set to revolutionize the construction and operation of the proposed Mall of Limassol. ...

96. SppMedia, EPIC, and Deejay Radio hand over a cheque to Nicosia's Center

The Epic Street Fest, which has now been established as an institution in the heart of the capital, is characterized by its philanthropic nature....

97. Government's 'Photovoltaics for All' plan sparks debate on eligibility and funding

The Government Grant Scheme for transitioning citizens to renewable energy sources and promoting energy-saving initiatives in homes for the period 2024-2025 is currently open for public consultation until January 19, 2024. ...

98. Christodoulides' strong message: Ignore sirens, focus on governance

The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....

99. Greece rolls out 'climate resilience levy' to fund post-disaster reconstruction

In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...

100. Far-right and conservatives gain momentum in Europe

The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....

101. Cyprus tax reform targets green initiatives and economic revitalization

By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...

102. CIFA projects optimistic 2024 for Cyprus investment funds amid challenges

The Cyprus Investment Funds Association (CIFA) has expressed optimism for the Investment Funds sector in Cyprus in 2024, projecting another positive year despite existing challenges and uncertainties, according to a press release. ...

103. Finance Ministry undergoes administration overhaul

104. European Commission disburses funds to six member states

The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....

105. EC allocates recovery funds to six member states

The European Commission disbursed payments to six Member States on Thursday, marking a milestone in the implementation of the Recovery and Resilience Facility (RRF). ...

106. Cyprus housing crisis deepens amid interest rate scandal

With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....

107. Cyprus linked to Magnitsky case through luxury hotel investment

The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....

108. Divisions in Cyprus amplify fact-checking challenges

Cyprus, an ethnically divided island in the Mediterranean, is like any other nation: It’s been hit by a wave of misinformation, and residents are trying to keep up....

109. EU's Schinas criticizes veto use, stresses need for compromise

European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....

110. EU summit reaches compromise on Euro-Turkish issues amidst Cyprus concerns

The European Union Summit recently brokered an informal compromise on Euro-Turkish matters, redirecting decisions on the Borell/Commission document and proposed ''gifts'' to Ankara to seven pillars...

111. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

112. UK and Cyprus to strengthen global collaboration

The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....

113. EU Council's ''historic'' decision to benefit Ukraine, Moldova, and Georgia

Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....

114. Government joins elite with third plea for €152.3M

Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....

115. European data shows low interest payouts by Cypriot banks

Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....

116. Christodoulides emphasizes seriousness in addressing Cyprus Problem

In his remarks upon arrival for the European Council meeting in Brussels, President of the Republic Nicos Christodoulides emphasized the need for seriousness in addressing the Cyprus problem, ...

117. EU struggles with Hungary's blockade on Ukraine's accession and funding release

Efforts to prepare for the summit of the 27 European Union heads of state continued in a tense atmosphere until Friday....

118. Government employment hits record high

In ongoing discussions about new hires and the 2024 budget in Parliament, the focus is on the remarkable increase in government employment, surpassing levels from 2012....

119. December Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

120. President faces calls to repay thousands of euros after AG audit

In a new report, Cyprus Auditor General Odysseus Michaelides has intensified the conflict with President Nicos Christodoulides. ...