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2101. EU court rejects appeals against use of BBQLOUMI and GRILLOUMI

The General Court of the EU rejected two appeals made by the Foundation for the Protection of Traditional Cheese named Halloumi against the use of BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden....

2102. Dr Charis Savvides joins Grant Thornton Cyprus

Grant Thornton Cyprus is pleased to announce that Dr Charis Savvides joined the Firm as the Funds and Regulatory Compliance Services Leader. This appointment is part of the Firm’s strategic plans to enhance its advisory offering and at the same time, to meet growing client demands....

2103. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

2104. Here comes the Digital Euro!

The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...

2105. Banks announce measures on interest rates

Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....

2106. Decline in asylum approvals in Cyprus in 2022

According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....

2107. Jazeera Airways adds Larnaka to its European destinations

Jazeera Airways, a low-cost carrier based in Kuwait, has recently added Larnaka to its network of new European destinations for the 2023 summer season and flights were launched end of April....

2108. ECHR takes on Ayia Napa gang rape case

The Republic of Cyprus is defending its actions after its own Supreme Court cleared a British woman of lying to police about a gang rape in 2019, with both sides sticking to their guns as the case is now appears before the European Court of Human Rights...

2109. Cyprus ranks 3rd in EU for long working hours

A 9.7% of employed people in Cyprus (7% in the EU) worked long hours (working usually 49 hours or more per week) in their main job in 2022 according to data published by Eurostat, the statistical service of the European Union. Cyprus also had the third-largest percentage among all member states....

2110. 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'...

2111. 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....

2112. 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. ...

2113. 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....

2114. 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....

2115. 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....

2116. 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...

2117. 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....

2118. 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...

2119. WHO leads regional effort to improve health and well-being of refugees and migrants

2120. 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. ...

2121. 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....

2122. 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....

2123. 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...

2124. 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'...

2125. 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...

2126. 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....

2127. 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...

2128. 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....

2129. 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. ...

2130. 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....