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1801. Rising cost of living worrisome for almost all Cypriots

The rising cost of living, the threat of poverty and social exclusion, and the migration issue are Cypriots’ greatest concerns according to the European Parliament’s Autumn 2022 Eurobarometer Survey released on Thursday....

1802. Presidential debate: Boring, hilarious and chaotic but otherwise satisfactory

Averof Neophytou, Andreas Mavroyiannis, Nikos Christodoulides, Christos Christou, Achilleas Demetriades, Giorgos Kolokasidis, and Konstantinos Christofides clashed in another debate last night which was aired on TV stations Alpha, Ant1, Sigma, and Omega....

1803. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

1804. Cyprus' digital tourism campaign reaches over 1 billion smart phones

The digital campaigns of Cyprus' Deputy Ministry of Tourism are reaching more than one billion smartphones a year, said Deputy Minister Savvas Perdios, speaking at the conference of the Association of Travel Agents "Digi.travel - The Cyprus International Digital Tourism Conference & Expo 2023."...

1805. Dispute resolution services a more cost effective way to resolve issues

Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...

1806. January Newsletter of K. Treppides & Co Ltd

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....

1807. NPL's decreased by €32 million to €2.69 billion in October 2022

Non-performing loans (NPLs) at the end of October 2022 amounted to €2.69 billion, showing a decrease of €32 million compared to the previous month....

1808. Cypriot minister talks Ukraine in Berlin

Cypriot Foreign Minister Ioannis Kasoulides will meet with his German counterpart Annalena Baerbock on Monday, just days after she warned any weak links in Europe’s resolve would only embolden Moscow...

1809. New loans up despite interest rate hike

Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...

1810. 16,132 people registered as unemployed in December 2022

According to data from the District Labour Offices, a total of 16,132 people were registered unemployed at the end of December 2022, according to the Cyprus Statistical Service (CyStat)....

1811. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

1812. Dubai abolishes alcohol tax

According to the BBC, Dubai is eliminating the 30% alcohol tax and will no longer require personal alcohol licences, which are required for anyone wishing to consume alcohol....

1813. Where you can't go in 2023 and why

Travelers from all over the world are expected to take their vengeance for two years in prison in 2023, as they can now take their dream vacation to any part of the world they want, with no restrictions....

1814. Cypriot judge slams Chinese justice in extradition case

A Cypriot judge denied last week an extradition requests citing a lack of fair trials in China, a decision said to be a precedent for many other cases on the island, in Europe, and around the world...

1815. Cyprus' Archbishop Georgios lays down the law

Cyprus’ newly elected Archbishop Georgios says he will adhere to the island’s church traditions but also promote religious inner-peace, adding all people of Cyprus are united against one enemy...

1816. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

1817. According to research, costs for a festive table ranges from €24 to €255

The Cyprus Consumers Association conducted a survey on the cost of the Christmas table as part of its foundation's mission to protect and provide consumers with more complete information. The survey was conducted from December 12 to December 21, 2022....

1818. When will Cypriots begin to reap the benefits of natural gas?

Minister of Energy, Trade, and Industry Natasha Pileidou hailed the discovery of a natural gas deposit in Block 6 of the Cypriot EEZ as a very positive development. Given the energy challenges the European Union is facing,...

1819. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

1820. Predator probe focuses on suspicious SMS from US

Two Greek prosecutors investigating all allegations of illegal electronic surveillance of dozens of individuals in Greece have submitted a request to US authorities for judicial assistance...

1821. December Newsletter of K. Treppides & Co Ltd

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....

1822. Eva Kaili: From city council to city prison

1823. Cyprus Airways flights up 406% in November compared to last year

Cyprus Airways announced today that a 406% increase was recorded in flights last November, compared to the corresponding month in 2021....

1824. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

1825. EU Parliament halts work on Qatar-related cases

The European Union’s parliament voted Thursday to suspend work on all files involving Qatar, and called for security passes for representatives of the Gulf country’s interests to be withdrawn until light can be shed on a corruption scandal rocking the assembly....

1826. ECB raises interest rates by 0.5%

Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....

1827. In the past year, 40% of residents reported their accounts 'compromised'

Forty percent of citizens and nearly half of businesses have experienced some sort of cyber attack in the past 12 months, according to surveys on cyber security....

1828. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

1829. 'Generators of hope'

The war in Ukraine is continuing unabatedly. Every day we hear about new atrocities of seemingly indiscriminate bombing of civilians. But we also see deliberate and targeted attacks on critical civilian infrastructure, such as electricity transmission networks....

1830. Breast cancer screening: The case of Cyprus

Population screening for breast cancer with mammography, and in some women, ultrasound screening, has been shown to reduce mortality from this disease....