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1681. Europe grapples with alarming air pollution crisis

Europe is currently in the throes of a severe public health emergency, marked by dangerously high levels of air pollution prevalent across nearly all regions of the continent. ...

1682. €369 million EIB loan for smart investments

The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...

1683. 22 startups aim for 10K prize

Twenty-two startups hailing from Cyprus, Great Britain, Israel, and Greece are vying for the prestigious 10,000 euro prize at the 2023 Digital Agenda Cyprus Summit....

1684. Flavored heated tobacco to be banned as Cyprus aligns with EU directives

The Council of Ministers has approved amendments to regulations, including bans and warning labels on heated smoking products with flavored substances, according to Health Minister Poppy Kanari, in a move to align national legislation with European directives....

1685. 43 undeclared workers uncovered in hotel raids

In July, the Ministry of Labor and Social Insurance's Inspection Service conducted targeted inspections at hotels across Cyprus, revealing 43 undeclared workers. This resulted in 20 Violation Notices and 19 Imposition of Fines, totaling €49,000....

1686. Focus on growth, employment control, and surplus in the 2024 budget

The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....

1687. Consulco’s London Credit Fund; Existing & New Investment Opportunities

1688. Woman held in €15,500 theft

A 25-year-old woman, sought on suspicion of embezzling €15,500 from a Limassol café where she was employed, faced arrest just before her scheduled departure abroad....

1689. Liquidity cover hits 318% in banking

Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....

1690. Olive oil prices soar due to shortage and weather woes

The price of olive oil is expected to rise dramatically, possibly exceeding 10 euros per liter and reaching 15 euros in Europe, according to agricultural organizations....

1691. Government considers making face-covering in protests a crime

DISY is set to present a proposal to amend the Penal Code to criminalize participating in demonstrations while deliberately concealing one's identity....

1692. 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....

1693. K. Treppides & Co Ltd and EIMF partner up to offer complimentary studies and assured long-term employment

A unique agreement recently penned between K. Treppides & Co Ltd and the European Institute of Management and Finance (EIMF) offers full-time employment while covering all study costs associated with obtaining EIMF’s accredited Diploma in “Accounting and Financial Management”....

1694. Minister demands urgent action on migrant smuggling

Migrant smuggling is a global concern that demands our immediate attention, Minister of Justice and Public Order Anna Koukkides Procopiou said on Tuesday, adding that a country deeply affected by this phenomenon, is Cyprus....

1695. Consumers revolt as rising prices trigger surge in complaints

In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...

1696. Cyprus inflation skyrockets to 3.1% in August

The annual inflation rate in Cyprus saw a rise to 3.1% in August 2023, up from 2.4% in July....

1697. Borrowers in a high-stakes game of loan roulette

In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...

1698. Erdogan calls for global recognition of 'TRNC' in defiant UN speech

In his address to the UN General Assembly, the Turkish President expressed doubts about the feasibility of a solution on the island based on the federal model, despite the sincere efforts put forth by the Turkish Cypriot side....

1699. Corruption and desperation forge a new path to Cyprus

A new migratory route to Cyprus has emerged this summer, with increased departures from Syria to Cyprus surpassing those from Lebanon, according to a report by Open Democracy....

1700. Legal challenge threatens Qatargate corruption case

Nine months into the Qatargate legal case, Eva Kaili, a former vice president of the European Parliament, has initiated a legal challenge that could potentially derail the entire investigation. ...

1701. Ukraine sparks trade war with legal action over food bans

Ukraine has filed lawsuits to the World Trade Organization (WTO) against Slovakia, Poland and Hungary over their bans on food imports from Kyiv. ...

1702. The missing piece in Greek-Turkish diplomacy

The public discourse has been flooded with commentaries in favor or against the ongoing efforts for a Greek-Turkish rapprochement....

1703. 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....

1704. Christodoulides to confer with EU Commission Chief in NYC

Cyprus President, Nikos Christodoulides, will meet on Monday in New York with the President of the European Commission Ursula Von der Leyen who is in New York for the 78th UN General Assembly....

1705. The European Health Insurance Card (EHIC) is your passport to health

The European Health Insurance Card (EHIC) is a valuable resource for European citizens, providing access to essential healthcare services during temporary stays in 27 European Union (EU) countries. ...

1706. Why did Brussels ignore Cyprus? Questions arise over EU inaction

Commission President Ursula von der Leyen delivered a comprehensive 16-page speech on the "state of the Union" before the European Parliament, speaking for an hour....

1707. 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....

1708. 135% debt reduction sparks hope for economy

According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...

1709. The victim...has no obligations

In a recent development, the European Parliament gave its approval to the report on Turkey's path to accession. This report is notable for its severity, addressing not only President Erdogan's erosion of democracy within Turkey but also the ongoing Cyprus problem....

1710. 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....