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1591. House scrambles to keep ships under Cyprus flag

The House health committee in the Republic of Cyprus is scrambling to amend healthcare legislation in a race against the clock, following reports that ship owners are trying to take their business elsewhere to avoid having to pay GESY tax...

1592. A total of 29,377 Cypriots have long Covid

Data collected by the Long Covid Cyprus network of the Cyprus Federation of Patients' Associations from the Health Insurance Organisation showed that by the end of last month, a total of 29,377 people suffered from long covid symptoms....

1593. Energy poverty: The nightmare that everyone is attempting to alleviate

"Energy poverty is a major social issue with a direct impact on health that affects approximately 54 million Europeans. High energy prices, low incomes, and damp, unhealthy homes with poor insulation all contribute to higher rates of energy poverty," according to a statement published on the website of the European Committee of Regions on June 2019....

1594. Soldier probe blows lid off Cyprus’ state forensics

A Cypriot state pathologist who ruled as suicide the killing of a soldier seventeen years ago is pointing the finger at police investigators, giving credence to accusations by an outspoken colleague in the private sector who says state forensic probes can be fraught with a slipshod mindset and even cover-ups...

1595. Loan interest rates rise for a second consecutive month

Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....

1596. Cannabis sentence overturned for research purposes

A man in Cyprus who was jailed on a cannabis conviction is to be set free on a suspended sentence after his lawyer argued before the Supreme Court that a lower court completely discounted her client being into narcotics research and not illegal drug trade...

1597. Putin signs ‘accession treaties’ at Kremlin in defiance of international law

Vladimir Putin has signed “accession treaties” formalizing Russia’s illegal annexation of four occupied regions in Ukraine, marking the largest forcible takeover of territory in Europe since the second world war....

1598. Urgent bill on back burner as Lone Star sleeps on it

The Cypriot parliament was in no hurry on Thursday to vote on an emergency bill that would have allowed the government to block a potential takeover of the island’s largest bank, after an American private equity fund said it would sleep on it at least until next year. ...

1599. Kremlin: Four Ukrainian regions to be officially annexed tomorrow

The official annexation of the four occupied Ukrainian regions where referendums were held will be announced tomorrow by Moscow at a special ceremony....

1600. Finance Minister calls for prudency to safeguard economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

1601. US Embassy in Moscow tells citizens to leave immediately

The United States Embassy in Moscow has told all Americans left to leave immediately to avoid being conscripted into Vladimir Putin's mobilized army....

1602. House prepares bill on petition signatures

A House committee in the Republic of Cyprus is discussing the right for private citizens to solicit petition signatures for new legislation, but the initiative may be easier said than done in a small country where people complain about disenfranchisement on the one hand and populism on the other...

1603. Cyprus greenlights island's first crematory

A funeral home in Cyprus has obtained a permit to build the country’s first cremation facility, years after legislation paved the way despite strong resistance from the Orthodox church...

1604. Crucial countdown as Cyprus moves to block Lone Star

Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...

1605. The embargo has its own history

The US decision to lift the embargo on the supply of military equipment to the Republic of Cyprus has a decades-long history and is linked to the embargo imposed on Turkey after its invasion of Cyprus in 1974. ...

1606. Cyprus government working to promote LGBTQ+ rights

The government’s efforts to protect and further promote the rights of the LGBTQ+ group have gone from words to deeds, said Justice and Public Order Minister, Stephi Dracou during her speech at the 8th Pride Parade in Nicosia on Sunday....

1607. Reduced excise tax on fuel extended until mid-January

The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....

1608. Ask WiRE Index: Apartments lead the way in sale and rent price hikes in Q2

Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....

1609. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

1610. USA - Russia: White House 'takes Putin's nuclear threats seriously'

The United States is "taking seriously" Russian President Vladimir Putin's threat to use nuclear weapons in the war in Ukraine, a White House spokesman said today but stressed that "the consequences will be severe" if the Russian leader actually follows through on those threats....

1611. Self check-in and robots - the future of tourism in Cyprus

1612. Profits of €55.4 million in first half of 2022 for Hellenic Bank

Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....

1613. Turkish Cypriots predict direct Russian flights to north

Turkish media are citing information that Turkish Cypriots could be closer to getting direct flights between Russia and north Nicosia, an otherwise politically unworkable task due to the division of the island that has come under challenge in recent years...

1614. Only PDO halloumi available in the market from today

As of today, inspectors from the Ministry of Agriculture have started inspections in supermarkets and store refrigerators to remove non-PDO branded halloumi products....

1615. Queen Elizabeth's funeral: The 'last hurrah' for Britain's longest reigning monarch

Elizabeth's ceremony and procession to be broadcast globally, with events expected to last nearly 12 hours...

1616. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

1617. Cyprus starts golden passport trial with a paradox

A defense attorney in the golden passport trial set to begin next month raised a conflict of interest on Monday, when his client and former House speaker along with three other defendants appeared for their arraignment before a Nicosia district judge...

1618. ECB hikes up interest rates 75 basis points to 1.25%

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....

1619. Queen Elizabeth under medical supervision - Concern for her health

Doctors are concerned about Queen Elizabeth's health and have recommended that she remain under medical supervision, Buckingham Palace has announced....

1620. 186 year old landmark zoo in Bristol finally closes its doors

One of the oldest zoos in the world, Bristol Zoo, closed its doors after 186 years of operation on September 3rd as its guests have been moved to a new site....