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781. Cyprus faces financial imbalance as assets fall short of liabilities

As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....

782. Why Musk sees Trump as America’s business fixer

Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......

783. Cyprus to launch 'National Sanctions Unit'

Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....

784. Increase in missing minors from Cyprus juvenile homes raises alarms

Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....

785. Cyprus honors 1940 heroes with National Day parade

Cyprus commemorated "Ohi Day" on Monday, honoring Greece's 1940 defiance against Axis forces with ceremonies and a military parade in Nicosia....

786. Cyprus finance chief moved amid questions over government transparency

Papnayiotis Rougalas reports in this Sunday's Kathimerini that the Council of Ministers of Cyprus announced a significant reshuffle on Thursday,...

787. EU pushing for economic ties with Turkey, but where does that leave Cyprus?

According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...

788. Germany: €60 billion budget shortfall rocks Europe's largest economy

Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....

789. Cyprus' Shipping Deputy Minister honored by International Propeller Club

Cyprus' Shipping Deputy Minister Marina Hadjimanoli has been selected by the International Propeller Club Awards Committee as the Maritime Person of the Year for 2024 Government Spokesman Konstantinos Letymbiotis announced in a written statement on Friday....

790. President urges faster completion of 88 major projects

Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...

791. Teachers sound alarm over hungry students in schools

Primary school teachers in Cyprus are raising concerns about children coming to school hungry, with some students lacking even a simple sandwich to get through the day....

792. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

793. Goodbye and thanks for all the halloumi!

I depart Cyprus after a little over two years as the British High Commissioner. What are my main reflections?...

794. North Korea sends troops to Russia, raising concerns over their role in Ukraine conflict

The U.S. government has reported that North Korea has sent at least 3,000 troops to Russia, raising concerns that they may be deployed to fight in Ukraine....

795. President unveils €30 million plan to revitalize Troodos region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

796. Cyprus surpasses pre-pandemic financial levels with growing surplus

Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....

797. IMF raises Cyprus' growth forecast for 2024

The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....

798. Antonio Costa’s visit is a pivotal step in EU support for Cyprus negotiations

The upcoming visit of Antonio Costa, the newly elected President of the European Council, to Cyprus is poised to play a significant role in the resumption of negotiations on the longstanding Cyprus problem. ...

799. Cyprus reaches agreement for delivery of FSRU

The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....

800. President Christodoulides: No tolerance for corruption in sports

President of Cyprus, Nikos Christodoulides, made it clear that the country has zero tolerance for corruption and match-fixing in sports during the opening of the National School of Ethics at the Presidential Palace on Monday....

801. Cyprus under siege as cyberattacks raise alarms

Since October 17, hackers have been launching a series of targeted attacks on various organizations and companies across Cyprus, sparking public debate about the country's ability to fend off cyber threats. ...

802. Turkish exile Fethullah Gülen, Erdoğan’s rival, dies at 83

Fethullah Gülen, the Turkish scholar and preacher accused by Ankara......

803. FT: Foreign students lured to illegal universities in occupied Cyprus

The Financial Times published an extensive report from Nicosia, highlighting a scheme targeting foreign students, particularly from Africa and Asia, through agencies promoting study opportunities at illegal universities in the occupied northern Cyprus....

804. Can AI get goosebumps?

At this year’s Digital Agenda Cyprus Summit, tech enthusiasts and industry leaders gathered to hear from an inspiring speaker: Robbie Stamp, a notable producer and advocate for ethical artificial intelligence....

805. Massive cyber attacks target key websites in Cyprus

In the past 24 hours, Cyprus has been hit by a series of major cyber attacks, targeting both government websites and critical internet infrastructure....

806. Vasilikos terminal in limbo as negotiations hang by a thread

According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....

807. Finance Minister stands firm on economic stability amid rising pressures

In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...

808. Cyprus' EU nominee under fire for waste management scandal

Costas Kadis, Cyprus' nominee for EU Commissioner for Fisheries and Oceans, is facing criticism over his handling of a controversial waste management scandal ahead of his November 6 hearing before the European Parliament's Fisheries Committee....

809. Pilot program to promote cultural literacy in 15 Cypriot schools

Cyprus is launching a pilot program in schools aimed at promoting cultural literacy among students, officials announced Thursday in Nicosia. Education Minister Athina Michaelidou and Deputy Minister of Culture Vasiliki Kassianidou introduced the "Schools as Ambassadors of Culture - Students as Ambassadors of Citizenship" initiative, which will roll out in 15 schools across all educational levels this academic year. ...

810. David Rowan: Why Cyprus can become a hub for AI innovation

David Rowan, the founding editor of WIRED UK, captivated the audience at the Digital Agenda Cyprus Summit 2024 with his bold vision of how emerging technologies, particularly artificial intelligence (AI), will reshape the future of business and society....