Search

2521. Russian wave heads north as sanctions pick up in Cyprus

Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...

2522. 3,000 Ukrainian refugees to be evicted from hotels by end of month

Cypriot authorities plan to evict about 3,000 Ukrainian refugees currently living in hotels in Cyprus by the end of this month....

2523. Russian officials attempt to link cultural centre fire to malicious activity

According to the competent authorities of the Republic of Cyprus, the fire that broke out at the Russian Cultural Centre on Wednesday afternoon was determined to be caused by human error, specifically by a cigarette lighter. ...

2524. What's wrong with a little transparency?

There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....

2525. Gov't officials submit asset declarations: Who holds the most valuable property?

The deadline for submitting the Asset Declarations by members of the new Government, as provided by legislation, ends today, Thursday, April 27th....

2526. April Newsletter of K. Treppides & Co Ltd: EBA

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....

2527. Household electricity and gas prices surge across EU in 2022

In the second half of 2022, average household electricity prices in the EU continued to show a sharp increase compared with the same period in 2021, from 23.5 euros per 100 kWh to 28.4 euros per 100 kWh in the EU, and from 23.0 euros per 100 kWh to 32.6 euro per 100 kWh in Cyprus, according to data released by Eurostat, the statistical service of the EU....

2528. Mykonos bars face minuscule fine for illegal structures demolition

In the latest twist in the Mykonos saga, a new Environment Ministry legislative provision stipulates that if the Principote and Nammos bars on the island demolish all of their illegal structures by early May,...

2529. Deutsche Bank to slash 800 jobs as part of new cost-cutting initiative

Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....

2530. Cyprus outlines new approach to gender equality

Cyprus ranks 22nd out of 27 EU Member States in terms of gender equality, according to the European Institute for Gender Equality's Indicators, said Commissioner for Gender Equality Josie Christodoulou....

2531. Cypriot president gets honorary doctorate in Greece

Cyprus President, Nikos Christodoulides, is traveling to Athens today, where he will be awarded an Honorary Doctorate from the University of Piraeus and will participate in the Delphi Economic Forum, organized on a private initiative, with the participation of heads of state and government...

2532. Who's taking care of the little ones in Cyprus?

In 2021 Cyprus was one of the countries with the largest percentage of children under three years old (45% compared to 21% in the EU) whose parents assigned at least one hour per week of care to professional child-minders, grandparents, other household members (excluding parents), other relatives, friends or neighbors, according to data released by Eurostat, the statistical service of the EU....

2533. EC proposes major reforms to create single market for medicines

The European Commission has proposed a new single market for medicines in the European Union (EU) to create an attractive and innovation-friendly environment for the research, development, and production of medicines....

2534. Kaili fights back after Politico report

MEP Eva Kaili, who has been indicted over her involvement in the “Qatargate” corruption scandal, has denied claims made in a Politico report that she is also facing another criminal investigation into fraudulent payments involving four former assistants in the European Parliament from 2014 to 2020...

2535. WHO leads regional effort to improve health and well-being of refugees and migrants

2536. Safeguarding First Responders on duty

The rapid evolution of technology is bringing huge and beneficial changes in all areas and the rescue sector isn't an exception. ...

2537. Lack of aircraft preventing global air travel recovery

The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....

2538. Mykonos bar ordered to remove illegal builds or face 22m euro fine

The owners of the Principote beach club in Panormos on the island of Mykonos started work on Monday to remove some of the illegal constructions for which they have been fined 22.2 million euros....

2539. Davis Cup playoffs return to Cyprus

The Cypriot Davis Cup Team will fight in Cyprus for qualification at the European Zone Group B promotion play-offs....

2540. MEP Eva Kaili also being investigated for fraud

In the wake of allegations that she was involved in the so-called Qatargate kickback scandal, Greek MEP Eva Kaili is also being investigated for misappropriating European Parliament funds, Politico has reported...

2541. President holds sanctions meeting with stakeholders

Cyprus President, Nikos Christodoulides, will preside over a new meeting at 1030 local time on Tuesday, on the issue of sanctions imposed by the US and the UK on individuals and legal entities in Cyprus 'in connection with the Russian Federation’s unlawful and unprovoked invasion of Ukraine, including facilitators of sanctions evasion'...

2542. Russia-Ukraine conference bogged down over Cyprus

Another odd exchange about Cyprus with references to age and sexism ended up crashing an international conference on Russia and Ukraine on Monday in Prague, where Cypriot House Speaker Annita Demetriou took exception to her Turkish counterpart’s response after he took issue with her Turkish-Russian invasion analogy...

2543. First Lady launches initiative to convert Presidential Palace into 'Zero Waste to Landfill' building

First Lady Philippa Karsera Christodoulides and Environment Commissioner Maria Panayiotou presented their joint initiative on Monday to transform the Presidential Palace into a Zero Waste to Landfill building. The initiative aligns with World Earth Day, celebrated on April 22nd....

2544. Nicosia to take up resolution on Soviet famine in Ukraine

Cypriot House Speaker Annita Demetriou told her Ukrainian counterpart over the weekend that Turkey ought not to assume any mediator role in international conflicts, as Kiev continues to call on EU capitals to stay the course against Russia...

2545. Folli Follie trial set for June after lawyers' abstention ends

The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...

2546. April Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

2547. The Turkish formula for Cyprus is challenging

A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...

2548. Police suspect foul play in cryptic disappearance case

A local man who did time in a US prison and is also being accused of bitcoin theft in Cyprus has turned himself in, but he is reportedly not answering questions about the disappearance of a man whose torched vehicle was found in rural Nicosia last week...

2549. Cyprus faces economic losses due to rejected renewable energy production

The issue of storing electricity from renewable energy sources has become a problem due to extensive production rejections of both large and small photovoltaic parks by the Transmission and Distribution Operators on Easter Sunday and Monday in Cyprus....

2550. Fiscal surplus of €570.2 mn and 86.5% debt to GDP ratio in 2022

The Statistical Service announced on Friday a fiscal surplus of €570.2 mn, which corresponds to 2.1% of GDP and a fiscal debt of €23,371.1 mn, which corresponds to 86.5% of GDP....