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1741. 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...

1742. 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....

1743. 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...

1744. WHO leads regional effort to improve health and well-being of refugees and migrants

1745. 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. ...

1746. 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....

1747. 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....

1748. 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...

1749. 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'...

1750. 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...

1751. 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....

1752. 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...

1753. 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....

1754. 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. ...

1755. 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....

1756. 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....

1757. Central Bank Governor: Sanctions' impact on economy not significant so far

The Governor of the Central Bank of Cyprus, Constantinos Herodotou, was received on Friday morning (21/04) by the President of the Republic, Nicos Christodoulides. ...

1758. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

1759. EU lawmakers pass proposals to address migration crisis

European Union lawmakers on Thursday approved a series of proposals aimed at ending the yearslong standoff over how best to manage migration, a conundrum that has provoked one of the bloc’s biggest political crises....

1760. 'The goal is 1,000 voluntary returns per month,' says Ioannou

The government of Cyprus has outlined a four-pillar plan to address immigration issues, according to Interior Minister Konstantinos Ioannou. The first pillar is to limit the flow of asylum seekers entering Cyprus, followed by managing asylum applications and reception areas more efficiently....

1761. Finance Minister considers lowering VAT rates for basic necessities

The Minister of Finance of Cyprus, Makis Keravnos, has announced that the Ministry is considering measures for banks and credit-acquiring companies to absorb high-interest rate increases, as well as reducing value-added tax (VAT) for basic necessity products to tackle high prices....

1762. Nicosia launches special unit to sift through sanctions

No derogation from EU sanctions will be tolerated, President of the Republic Nikos Christodoulides stressed on Wednesday during a meeting at the Presidential Palace on the sanctions imposed by the US and the UK against natural and legal persons from Cyprus. The President was also informed about the procedures to establish the National Sanctions Implementation Unit...

1763. EU vague on US-UK latest Russian sanctions

The European Commission is in contact with member states regarding the implementation of sanctions, Commission spokesperson Arianna Podesta told the Cyprus News Agency responding to a question on whether the Cypriot authorities have briefed the European Commission on their intended next steps regarding sanctions imposed by the US and the UK on Cypriot individuals and entities...

1764. Greece admits Predator sale to Sudan but denies implication

A private airplane that flew from Cyprus to Sudan last year had delivered the infamous Predator surveillance software, with the Greek government admitting the export but denying any involvement in the ongoing civil war there...

1765. Cyprus faces legal action over inadequate wastewater treatment

Cyprus is currently facing legal action by the European Commission for failing to ensure that its wastewater treatment plants comply with EU legislation....

1766. Cyprus extradites Kenan Agias to Germany

A Larnaca District Court approved the extradition of Kenan Agias, a 49-year-old Kurdish man, to Germany over his alleged involvement in a terrorist organization. ...

1767. Finance Minister requests containment of lending rates for housing loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

1768. Politics blog: Moscow on the Mediterranean

While some talk behind our backs, The Guardian is unabashedly labeling our country, especially our banking system, as the "Moscow of the Mediterranean". ...

1769. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

1770. Monitored Biden whistleblower in Cyprus vanishes

The whereabouts of an Israeli professor, whose arrest in Cyprus and subsequent explosive allegations against Hunter Biden made headline news in February, were said to be unknown after he failed to report to a local police station during an ongoing legal battle for his extradition to the United States...