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721. Ministry launches summer public schools program

The Ministry of Education, Sports, and Youth (MESY) has officially announced the commencement of the "Summer Public Schools (SPS) Programme" today, marking the beginning of a five-week initiative that will run until July 28, 2023. ...

722. Hellenic Bank rakes in €69.7 million in profits during Q1 of 2023

Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...

723. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

724. Health Ministry increases IVF subsidy to boost fertility rates

In an effort to combat under-fertility and bolster population growth, the Council of Ministers has approved a proposal to revise the subsidy scheme for infertility treatment in Cyprus. ...

725. Limassol Greens: The most anticipated golf resort in Cyprus

Limassol Greens, the most anticipated golf resort in Cyprus, has hosted media, associates and stakeholders in a special event at its newly opened Property Sales Office opposite Four Seasons Hotel on Tuesday 13th June. ...

726. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...

727. All-Day school program sees gradual expansion in primary education

The Minister of Education, Sports, and Youth, Athina Michaelidou, highlighted the well-known significance and value of full-day schools for education and society as a whole....

728. Cyprus economy thrives: FinMin foresees robust growth and fiscal stability

During the 2023 Annual General Meeting of the Cyprus Bankers Association, the Minister of Finance, Mr. Makis Keravnos, discussed the current state and future prospects of the Cyprus economy, particularly focusing on the banking sector. ...

729. Dubrovnik sees surge in tourism with 32% increase in arrivals

The mayor of Dubrovnik, Mato Frankovic, has made the decision to ban wheeled suitcases due to the noise they generate on the city streets. ...

730. Cyprus farmers voice alarm over plant protection regulation

The European Commission is addressing farmers' concerns regarding the proposed regulation on plant protection in the European Union. They assure that the implementation of the new rules will be gradual, aiming to minimize any impact on production and food prices....

731. AUB Mediterraneo Paphos: Shaping the future of education in the Mediterranean

As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...

732. President talks up local government reform

Cyprus President Nikos Christodoulides said on Saturday that the reform of the local government was 'perhaps the greatest challenge in the history of the local administration in the country,' while stressing that the reform should be implemented as soon as possible...

733. Cablenet: The Fastest Growing Mobile Network

734. ECB raises interest rate to 3.20% in ongoing tightening campaign

The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...

735. Turkish president's construction plans in occupied Kato Deryneia

In a recent statement, Deryneia Mayor Andros Karayiannis expressed concerns regarding Turkish President Recep Tayyip Erdogan's plans for the construction of over a thousand residential units in occupied Kato Deryneia. ...

736. Cablenet and Plume expand partnership in intelligent connectivity for Cyprus homes

Cablenet and Plume joined forces once again in Nicosia to celebrate their successful collaboration and discuss plans for future expansion. The two partners in intelligent connectivity convened to review their market achievements and explore opportunities for growth....

737. Christodoulides' pledge to safeguard Cyprus' reputation

President of the Republic Nikos Christodoulides has stressed that the government will not allow a very small minority of people in the country to tarnish Cyprus' reputation, which was built after many years of effort....

738. Nicosia real estate market surges, indicating recovery

Nicosia, the capital city, has broken free from a six-month period of stagnation, exhibiting promising signs of recovery....

739. Planetarium Cyprus: Where science and wonder converge

Some people ask, ''Does a planetarium merely provide answers, or does it also evoke questions?'' Achilleas Kentonis, the executive director of the Interstellar Institute, responds, ''First and foremost, it stimulates questions, and then answers naturally follow.''...

740. Former US-based bank executive to lead Turkey's Central Bank

Turkish President Recep Tayyip Erdogan on Friday appointed a former U.S.-based bank executive to head Turkey’s central bank, in another sign that his administration might pursue more conventional economic policies....

741. Innovative payabl. POS Card Terminals make omnichannel payments simple and easy

Get ready to embrace the future of payments with payabl. - the cutting-edge payments company that's shaking up the industry. In a game-changing move, payabl. has just launched its revolutionary point-of-sale (POS) solution for in-person payments, aimed at transforming the way retailers conduct business. The best part? This is happening right now in Cyprus....

742. Declining new loans in Cyprus signals economic shifts

In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...

743. Cyprus housing prices rise amid increased demand

During the fourth quarter of 2022, housing prices in Cyprus continued their upward trend, driven by increased construction costs and higher demand....

744. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

745. IMF says Cyprus untouched by war fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

746. New plan to safeguard vulnerable groups' homes nears approval

The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...

747. Cyprus emerges as top beneficiary of EIB support in Europe

The European Investment Bank (EIB) President, Werner Hoyer, announced that Cyprus remains the largest beneficiary of EIB support per capita in Europe....

748. The MBS Wellbeing Day

749. Cyprus' GDP soars: 3.4% growth in Q1 2023

Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....

750. April sees surge in retail trade

Retail trade increased significantly in April in both value and volume metrics, according to the latest data released Thursday by the Statistical Service of Cyprus....