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211. Cyprus GDP and employment up according to Eurostat

Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....

212. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

213. Cyprus asks for more assistance to stem Green Line flow

The Permanent Secretary of the Ministry of Interior Dr. Costas Constantinou requested during the informal Ministerial Meeting of the MED5 (Greece, Italy, Spain, Malta and Cyprus) the assistance of FRONTEX to limit the flow of irregular migrants from Turkey through the Green Line, while the issue of the Green Line was also included in the joint communiqué that was signed by the participants....

214. Cyprus GDP up by 5.6%, higher than EU or Eurozone estimates

Cyprus’ gross domestic product (GDP) grew by 5.6% in real terms in 2022, according to a provisional estimate published by the country’s statistical service CyStat on Wednesday....

215. Cypriot-Australian to represent Cyprus in Eurovision 2023

Andrew Lambrou, with the song “Break A Broken Heart”, will represent Cyprus in this year's Eurovision contest taking place in May, in Liverpool, the Cyprus Broadcasting Corporation (CyBC) announced on Thursday....

216. Cervical cancer vaccine now free of charge under GESY

The fourth most frequent cancer in Cyprus in women is cervical cancer, with 36 new cases in 2019, according to the Cyprus Association of Cancer Patients and Friends (PASYKAF)....

217. Many dead after trains collide in Greece

A passenger train in Greece carrying hundreds of people collided with an oncoming freight train in a fiery wreck in the country’s north early Wednesday, killing 32 and injuring at least 85...

218. Blinken pops into Athens to shore up Ukraine effort

US Secretary of State Antony Blinken will be in Athens on February 20-22 to meet with the country’s leadership and launch the fourth round of the US-Greece Strategic Dialogue. The US official’s trip comes after a visit to Turkey, where he pressed NATO expansion...

219. Lagarde announces a new interest rate hike in March

European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....

220. Cyprus: 42 cases of pediatric cancer recorded each year

Each year, 42 new cancer cases among children are recorded in Cyprus, while the cure rate of childhood cancer cases ranks the country in the top spot worldwide,...

221. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

222. February 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....

223. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

224. Apartment prices continued its upward momentum in Q4 2022

Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....

225. Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...

226. 'K' poll: Averof leads Mavroyiannis by 0.5%

There was a minor upset In the fourth wave of the rolling poll that Symmetron Market Research conducted for "K,". It seems the race for second place will undoubtedly be an exciting one....

227. California reeling over back-to-back mass shootings

Just two days after a gunman killed 11 people at a Los Angeles-area dance studio, seven more victims were shot dead in an agricultural area near San Francisco, as California suffered one of its bloodiest spates of mass gun violence in decades....

228. PEGA's amendment games

The debate on Cyprus will turn into a game of balances and... amendments in relation to the draft report of the European Parliament's Committee of Inquiry into Surveillance Software (PEGA), ...

229. Wargaming intends to 'hold on' to Hellenic

Wargaming Group, a Cypriot technology company, intends to remain a shareholder in Hellenic Bank. Despite selling a 13.41% stake to Eurobank in early December, Wargaming says its goal now is to focus on what it says it "does best," which is creating good games....

230. Cyprus Banks: Vulnerabilities remain despite progress, says SSM

Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...

231. Nearly €6 billion in real estate transactions in 2022

The value of real estate sold during 2022 is approaching €6 billion, according to the comparative real estate sales of the Department of Lands and Surveys as processed and presented in the quarterly "Real Estate Market Bulletin" of Cyprus Real Estate Registration Council....

232. News versus noise

Are you fed up with the “news”? Aren’t we all? Are you seized every so often by the need to steer clear of television, radio, paper and online news outlets for a good spell? I’m going to assume yes....

233. 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,...

234. Princess Anne welcomed by President Anastasiades (photos)

Princess Anne of the United Kingdom, who is in Cyprus to inspect the British contingent in UNFICYP, met with President of the Republic Mr. Nicos Anastasiades this morning at the Presidential Palace....

235. Belgian judge throws book at Eva Kaili

EU lawmaker Eva Kaili has been ordered to remain in custody for another month as investigations continue into corruption charges, with one of her lawyers suggesting prosecutors were ‘acting politically’ in the case...

236. The winners and losers of the Archiepiscopal elections

The primary topic of discussion in the first round of voting last Sunday was the creation of the tripartite list from which the Holy Synod will select the incoming Primate of the Church of Cyprus. It cannot, however, be considered the only one....

237. The Belgian wheel is in motion...

Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...

238. Russians flying to Cyprus get 'next best thing'

Moscow and Nicosia are growing further apart on travel between the two countries, prompting Russians living on both sides of the divided island to look for new routes through Turkey after rumors of direct flights in the north subsided due to the Cyprus Problem...

239. Eva Kaili: From city council to city prison

240. Cyprus UN-certified for earthquake assistance to countries

Cyprus Civil Defence is the fourth in the world to earn the INSARAG Light Usar Team certification for assistance to other states after an earthquake from the United Nations Office for the Coordination of Humanitarian Affairs...