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1681. Increase in deposits, decrease in loans

Deposits in November in Cyprus have increased while loans decreased, according to statistics released on Wednesday by the Central Bank....

1682. Consulco opens its Limassol office

Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...

1683. New measures - Masks required everywhere from Friday in Greece

Although numbers appear to be falling in recent weeks, experts warn of a "tsunami" after the holidays, ...

1684. Christmas on borrowed cash for many

One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....

1685. Financial turmoil hits Turkish Cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

1686. Erhurman: The formula for the solution of the Cyprus problem is the federation

The President of the Republican Turkish Party (CTP) Tufan Erhurman reiterated yesterday in his statements that his party's position on the Cyprus issue is clear and known to all and noted that the formula for the solution of the Cyprus problem in this country is this of the bi-zonal, bi-communal federation....

1687. Dubai ruler must pay ex-wife $700M in divorce settlement

A British court on Tuesday ordered the ruler of Dubai to pay his ex-wife and their children close to 550 million pounds ($730 million), in one of the most expensive divorce settlements in British history....

1688. Defense pokes holes in Cyprus' Azeri case

Half of the detained suspects in the Azeri case in Cyprus have been released from custody after their attorney argued that circumstantial evidence was insufficient to warrant their pre-trial detention and pointed to little chance of conviction...

1689. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

1690. Cyprus makes progress in fight against terrorist financing

Cyprus has continued to make progress in strengthening banking efforts to combat terrorist financing, according to the State Department's report on terrorism for 2020. ...

1691. Erdogan should focus on his economy, not Greece

With the Turkish lira continuing its precipitous slide, the risk of capital controls looming dangerously and Recep Tayyip Erdogan’s legal adviser even going so far as to consider that declaring a state of emergency might be needed...

1692. Former Finance Minister Michalis Sarris new president of AstroBank

Mr. Michalis Sarris, former Minister of Finance, assumes the chairmanship of the Board of Directors of AstroBank....

1693. Parliamentary Committee report on state budget 2022 sees significant uncertainties due to pandemic

A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....

1694. Biafrans in Limassol take oath as leader faces trial

A Twitter post in Cyprus this week showed youths from Nigeria being administered an oath of allegiance to separatist group Indigenous People of Biafra, who are calling for the release of their leader Nnamdi Kanu who is on trial for treason...

1695. Cyprus: one of the most attractive destinations for university study

Cyprus is now one of the most attractive university destinations because it has universities that offer a high level of academic quality and a complete student experience, according to the latest results of university rankings by the Times Higher Education organization. ...

1696. End of an era: Merkel bows out after 16 years

Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...

1697. As millions fell into poverty during the pandemic, billionaires' wealth soared

The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....

1698. K. Treppides & Co Ltd: Social Media and Investment Recommendations

It is commonly accepted that social media play a defining role in almost every aspect of our everyday life. ...

1699. Clarifications Min. Health for the new measures - The exceptions for telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

1700. EU to stand with Cyprus on migration, says Commission Vice President Schinas

The EU will stand with Cyprus in matters pertaining to migration, European Commission Vice President Margaritis Schinas pledged on Tuesday....

1701. Immigration: Anastasiades' five requests to the EU

"The country is in a state of emergency in terms of migration flows, and there is absolutely no chance of accommodating more migrants,"...

1702. The technology sector can become the new mainstay of the Cypriot economy

These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...

1703. Germany readies its air force to transport covid patients to other parts of the country

Germany readied its air force to transfer COVID-19 patients from overwhelmed hospitals in the south as national case numbers rocketed and a new virus variant in South Africa caused widespread alarm....

1704. Cyprus gives huge incentives to go electric

Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....

1705. Averof: Irregular immigrants increase crime

DISY President Averof Neophytou expressed his concern about the increase in crime due to immigration. ...

1706. There is no longer a 'federation' solution in Cyprus, says Tatar

The issue of a Cypriot Federation was closed after he took over the “presidency” of the pseudo and illegal state of the “Turkish Republic of Northern Cyprus”, said Turkish-speaking Cypriot leader Ersin Tatar....

1707. Actualizing the ESG proposition The journey towards sustainability, resilience and purpose

1708. Cops ridiculed after assassination case falls flat

Three suspects in an alleged plot to assassinate a Limassol businessman walked free on Monday after prosecutors failed to find any evidence, with media pundits criticizing how police missed red flags by relying on a verbal complaint without vetting...

1709. Debt sustainability in all Member States

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

1710. Police keep tight lid on another assassination plot

Cyprus police are keeping a tight lid on another alleged assassination plot, as a similar case involving Israeli businessmen is ongoing behind closed doors, with law enforcement saying nothing except to confirm three people have been arrested...