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1831. Cyprus welcomes most tourists among EU countries with 91% of visitors from abroad

In 2022, the EU received 45.8% of all international tourism arrivals in the world, despite representing 3.0% of the world's land area and 5.6% of the world's population, according to the UN World Tourism Organisation (UNWTO) shared by Eurostat on the occasion of World Tourism Day (27 September)....

1832. European Parliament clears the air on carry-on baggage fees

From now on, traveling by plane will be a different process for millions of passengers in Europe who wish to travel with carry-on baggage....

1833. Cyprus football chief faces legal heat over ethics probe

In a statement released today, the Ethics and Sports Protection Committee announced that it has received and reviewed the investigation regarding the alleged conflicts of interest involving Mr. Georgios Koumas, the President of the Cyprus Football Federation (CFF)....

1834. From fines to fine lines

The face of the honorable Minister of Transport, Alexis Vafeadi, conveyed a different message compared to his statements before the Parliament's Transportation Committee....

1835. Apartments rule, but prices vary by province

According to Mr. Loizou of Ask Wire, the majority of Cyprus' population resides in apartments. Therefore, it comes as no surprise that among young buyers, typically around 30 years old, the most sought-after housing option is an apartment, particularly a two-bedroom one, whether for purchase or rent. However, the question arises: How do housing prices vary across different provinces?...

1836. Hellenic Bank cuts fees for customers

Hellenic Bank is taking steps to enhance its services and support its customers. Mr. Phoebus Stasopoulos, the Senior Banking Manager of Hellenic Bank, announced the expansion of the limit for free SEPA transfers through Online Banking....

1837. War in Ukraine nears potential 'dirty deal' conclusion

Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....

1838. 91% repatriation rate achieved in Cyprus

Today marks the tenth collaborative effort between the Cyprus Police and European countries, orchestrated under the guidance of the European Border and Coast Guard Agency, Frontex....

1839. UN meeting and unity across the aisle

In a session lasting about two hours, the National Council convened to discuss the latest developments in Cyprus's diplomatic efforts....

1840. Sepaga EMI named one of the top 20 great places to work in Europe

Nicosia, Cyprus – 26/9/2023 – Sepaga EMI, a leading fully licensed and regulated Electronic Money Institution by the Central Bank of Cyprus (License No. 115.1.3.18/2018) since 2017 takes pride in providing its clients with exceptional financial solutions for managing their funds and global payments....

1841. Keravnos expects more from banks to boost Cyprus economy

The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....

1842. TechIsland Summit 2023: Cyprus on the fast track of becoming a tech island

TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....

1843. Gatwick airport cuts flights amid covid outbreak

1844. No fee increases for 2024 at Larnaca marina

Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...

1845. CBC lowers GDP growth projections for 2023 and 2024

The Central Bank of Cyprus has revised its growth projections for 2023 and 2024. They now expect GDP growth to be 2.4% in 2023 and 2.7% in 2024, down from their previous forecasts of 2.6% and 2.8%. This is due to Western sanctions against Russia and the fragile external environment affecting professional and non-tourism services....

1846. Cyprus endorses bold auto rules for health and industry

Cyprus supported the compromise proposal put forward by the Spanish Presidency of the EU Council on the proposed Euro 7 regulation, during a meeting of the EU Competitiveness Council in Brussels, on Monday, with the permanent secretary of the Ministry of Energy, Marios Panayides, stressing that the new rules should protect human health while ensuring the competitiveness of the automotive industry....

1847. Construction of petrol storage terminal must be a priority, says Energy Minister

The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...

1848. Turkish Cypriots warn of drastic demographic changes

Turkish Cypriots feel in danger New Cyprus Party General Secretary Murat Kanatli said on Friday, adding that they feel that the demographic structure in the Turkish occupied areas is at a crucial point....

1849. Greek workers toiling longer, earning less

Greeks work 41 hours a week, more than any other Europeans, but are paid less. Monthly salaries do not exceed 1,038 euros on average, according to the latest figures compiled by the Single Social Security Entity (EFKA), ...

1850. How high is too high before tax relief kicks in?

Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....

1851. Cyprus makes remarkable strides in organic farming

Minister of Agriculture, Rural Development, and the Environment, Petros Xenophontos, stated on Saturday that organic production in Cyprus has made significant progress over the last two decades....

1852. Tax return deadline extended to October 31

The Finance Ministry has announced an extension of the tax return submission deadline for the year 2022 until October 31, 2023, at 23:59. This extension comes after a proposal presented to the Council of Ministers....

1853. Eurobank to acquire Hellenic Financial Stability Fund stake

Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....

1854. Cyprus' 'Photovoltaics for All' cuts electricity costs by 50%

In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....

1855. Holocaust memorials under attack amidst German far-right rise

Surveys show that hardcore political beliefs are spreading beyond traditionally right-wing demographic groups....

1856. Christmas villages open their doors in November

Starting from November 26th, the enchanting Christmas villages are set to welcome the public once again this year....

1857. Sheep's surprise attack on medicinal cannabis

A herd of sheep descended upon a partially flooded greenhouse in the vicinity of Almyros, Magnesia, Greece, with a peculiar appetite for medicinal cannabis. ...

1858. SYPRODAT and Government join forces to end non-performing loans

Finance Minister Makis Keravnos expressed satisfaction with the progress made in divestments and the reduction of non-performing loans (NPLs) during a meeting at the Ministry of Finance with SYPRODAT President Costas Melas and Association Director Jenny Papacharalambous....

1859. Nicosia and Limassol explore tram systems

Environment Commissioner Maria Panayiotou, alongside Nicosia's Mayor Konstantinos Giorkatzis, emphasized the necessity of commencing a comprehensive study for the introduction of tram systems in Nicosia and Limassol....

1860. Cyprus' 2022 workweek exceeds EU

In 2022, the usual working week for people aged 20-64 in Cyprus averaged 39.5 hours, above the EU average at 37.5 hours, according to data released by Eurostat, the statistical service of the EU, on Wednesday....