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211. Christodoulides invites Erdogan to pursue peace

Cyprus President Nikos Christodoulides, during his address to the 78th session of the UN General Assembly in New York, extended an invitation to Turkish President Recep Tayyip Erdogan to collaborate towards a vision of peace and the mutual betterment of their countries....

212. How University of Cyprus handles overtime pay

The University of Cyprus, led by its rector, Tassos Christofides, acknowledged that overtime was paid to Doxa Komodromou....

213. Italy's cry for help: Facing a migrant surge amid EU discord

Italian Prime Minister Giorgia Meloni has appealed for greater European support as her country confronts a surge of people fleeing north Africa, amid growing tensions between Rome and other EU capitals over migration policy....

214. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

215. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

216. Request for 200,000 euros in overtime pay for state officials withdrawn

Irene Piki, the Deputy Minister to the President, has announced the withdrawal of a request for more than 200 thousand euros in funds to cover overtime pay for state officials working at the Presidential Office. She revealed this on state radio's Morning Routes program, specifying that the request was related to one specific person....

217. Unprecedented disasters prompt urgent calls for risk assessment review

Unfortunately, this year has been a game changer in terms of risk prediction as the scale and impact of recent disasters has been unprecedented, Dr. George Boustras, ...

218. Is Cyprus banking sector heading for a shake-up?

The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...

219. Cyprus aims to shine with 'Cypriot Red Soil Potato' in European market

Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....

220. EU Commission's roadmap for seamless social security services

European Commission has proposed concrete steps to further digitalise the coordination of social security systems in Europe, in a dedicated Communication....

221. ERC's €628M investment sparks scientific renaissance among young scholars

The European Research Council (ERC) has announced today the winners of the latest round of its Starting Grants....

222. Recovery and Resilience measures target non-performing loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

223. Venice to charge €5 entry fee to tackle over-tourism

Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....

224. Consulco: London Credit Fund’s new investment opportunity secured against UK commercial properties

The London Credit Fund New Compartment offers even higher returns to investors....

225. European law puts online platforms at risk of fines and sanctions

Major online platforms risk fines and sanctions if they violate the new European law on digital services that came into force end of August and which, inter alia, makes online platforms legally responsible for the content posted on them....

226. Cyprus boosts energy sector with €104m revamp

The Republic of Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPower EU chapter with an additional allocation of €104 million....

227. Wargaming to divest 6.8% stake in Hellenic Bank to Eurobank for €65.9 million

Wargaming has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank. ...

228. Limassol community raises over 20,000 euros for Dao's vandalized business

In Limassol, a local woman named Dao found herself at the center of a community outpouring of support after her business was vandalized by unidentified individuals wearing hoods....

229. Former Finance Minister continues to question EuroAsia project

Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....

230. Assessing school preparedness: Are they ready for the first bell?

Education is finalizing preparations for the upcoming school year, set to commence on September 7 for secondary and September 11 for primary education. ...

231. Fueling futures: Scholarships in energy studies await!

Following the Ministry of Energy, Commerce, and Industry's announcement regarding scholarships for studies related to Hydrocarbons (Natural Gas and Oil), Renewable Energy Sources (RES), and Energy Transition,...

232. Compensation plans unveiled for Akamas communities

Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...

233. AKEL's bold demand: Tax bank profits to power people's pockets

The AKEL political party is urging the government to take immediate action to alleviate the financial strain on Cypriot households by taxing banks' surplus profits and redirecting the funds towards fuel and electricity subsidies....

234. The strange messages above Italy's beaches and the Anti-Pope theory

Messages transported by small planes over Italy’s beaches this summer have spread the debunked conspiracy theory that Pope Francis is not the legitimate head of the Catholic Church. ...

235. Academics weigh in on Chlorakas' violent turn

Academics from the fields of psychology and political science are presenting an interpretation of recent events in Chloraka. The events involved a protest march by local residents over the migration issue, which took a dramatic turn with incidents of beatings, property destruction, and individual arrests. ...

236. Sailing back to the future as WindWings propel shipping's green revolution

It seems a bit silly, but merchant shipping which long ago ditched its sails for internal combustion is now switching back, but not to any sail you’ve ever seen....

237. Finnish travelers take the lead in digital travel docs

The Finnish Border Guard has announced that Finns will be the first in the world to test digital travel documents starting from August 28....

238. Cyprus and Lebanon forge a cultural connection

In a significant step towards enhancing cultural ties, Cyprus and Lebanon are joining hands for a two-day workshop centered around cultural heritage, diplomacy, and tourism. The event, scheduled for September 1st and 2nd, 2023, will take place in the picturesque Fikardou village....

239. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

240. Cyprus converts ship to boost natural gas integration

Good news has emerged regarding the development of the LNG Terminal in Cyprus and the introduction of Natural Gas to the region. The conversion of the ETYFA ship Prometheus into a floating LNG regasification and storage unit (FSRU) is now finished....