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631. 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....

632. US Congress members sold bank shares amidst banking crisis fears

On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....

633. Child porn felon freed in photo fakery case

The Supreme Court in the Republic of Cyprus has commuted a child porn prison sentence of a man in Larnaca after it emerged that images used to incriminate him were not real...

634. Trickier travel looms as Eurostar ends direct trains from London to Disneyland Paris

Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....

635. Excess deaths down in EU but not in Cyprus

For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...

636. Heatwave alert! Temperature soars to 34 degrees with hazy skies

Brace yourself for a scorching heatwave as the temperature hits 34 degrees, while a weak high-pressure system lingers in the area. To add to the discomfort, thin dust particles will hang in the atmosphere until Wednesday, making the air hazy and dusty. Stay cool and take the necessary precautions to beat the heat!...

637. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

638. IMF projects steady GDP growth for Cyprus in 2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

639. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....

640. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

641. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

642. Cabinet cracks down on stadium violence

Following the riots inside and outside the Eleftheria stadium, the government places the fight against violence in sports venues squarely on the shoulders of the police. ...

643. Gale force winds expected Wednesday morning

Today, after the dissipation of low clouds and fog in the morning, mostly clear weather is expected, though locally, increasing clouds may occur. In the afternoon, ...

644. Clocks in Cyprus spring forward this weekend

Residents in Cyprus will lose an hour of sleep after Daylight Saving Time goes into effect Sunday morning, with European officials and public opinion still divided on whether there is value in switching back and forth at all...

645. Cliff death boyfriend walks free after police backtrack

A man who reported the cliff death of his girlfriend but became suspect based on a controversial forensic report walked free on Friday, after official results of a second autopsy rejected the investigators’ premeditated murder theory and stirred up debate on how Cyprus Police investigate cases...

646. High prices continue to plague the market

647. 'Officials' in the occupied side want no EU involvement in resolution

The refusal of the T/C side to accept EU involvement in the Cyprus problem was reiterated by the "Foreign Ministry" in a statement, saying "it is time to review our relations with the EU and try to bring them to a respectable level"....

648. March continues to bring rain and dust

Rain and increased dust levels appear to be the weather forecast for the next few days. Panagiotis Georgiou, Meteorological Officer, told "K" that isolated localized showers are expected on Thursday and Friday, with the possibility of thunderstorms....

649. 'Cyprus banking system ready to absorb shocks'

Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...

650. Judge takes shot in the dark in cliff death case

A judge in Paphos ordered a man to remain in police custody for three additional days in connection with the cliff death of a Ukrainian woman at a famous scenic location, despite police saying they were still waiting on a second autopsy to clarify charges...

651. Get ready for stormy weather

The Cyprus Meteorological Department has issued a new yellow warning for isolated severe thunderstorms, which will be in effect from 23:00 tonight until 17:00 tomorrow afternoon. ...

652. Four Cypriot companies exposed to SVB and Signature Bank fallout

Four companies licensed by the Cyprus Securities and Exchange Commission (CySEC) had deposited at Silicon Valley Bank and Signature Bank, the two US banks that failed, causing turmoil in the global economy....

653. Expert says cliff death accident story checks out

Cyprus Police are rolling back statements on a murder investigation in the cliff death of a Ukrainian woman, after a private forensic examiner tasked by the suspect announced to the media that his client’s version of events about a tragic accident checked out...

654. Heavy rains ravage parts of Cyprus (video)

Heavy rains are being experienced in many parts of Cyprus as winter refuses to loosen its grip, while in Deftera, hail storms were observed. ...

655. Cliff death case draws the big guns of forensics

A private forensic pathologist will take part in a defense autopsy of a young Ukrainian woman, whose boyfriend insists her cliff death was an accident, despite initial objections by the Legal Department which has also tasked its own expert to lead the exam...

656. March 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....

657. Lambradjia youths warn town to back off

A safety initiative to curb illegal lambradjia bonfires on Greek Easter has been met with a resistance in a local community in Limassol, where delinquent youths have been ransacking homes in search of flammable wood...

658. Suspect in cliff death disputes forensic report

The main suspect in the cliff death of a Ukrainian woman has denied wrongdoing and further called for a private forensic expert to conduct a second post mortem, after state pathologists suggested there were signs his girlfriend had been raped and strangled to death...

659. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

660. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....