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181. Russian and Ukrainian stock in Cypriot fund's Lukoil deal

A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...

182. Cypriot hourly wages still below EU average

In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...

183. EU lawmakers pass proposals to address migration crisis

European Union lawmakers on Thursday approved a series of proposals aimed at ending the yearslong standoff over how best to manage migration, a conundrum that has provoked one of the bloc’s biggest political crises....

184. Excess deaths down in EU but not in Cyprus

For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...

185. Cyprus tourism surges with 61% increase in Q1 2023

Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in the corresponding period of 2022, according to data published by the Cyprus Statistical Service on Tuesday....

186. F1's Leclerc chases watch thieves in custom Ferrari, caught on video

187. Italy declares state of emergency

To deal with the recent influx of migrants arriving on the southern shores of Italy, the country's right-wing government has announced a six-month nationwide state of emergency....

188. Rome reportedly okays Lukoil sale to Cypriot firm

Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...

189. Cypriots aren't shying away from trendy Easter getaways

Cypriots seem to have resumed their travels vigorously, with many of our fellow citizens opting for long getaways for the Easter holidays. Speaking to K, Acta's spokesman, Harris Papacharalambous, said that demand is at pre-coronavirus levels for both inbound and outbound travel....

190. Cypriot fund facing mighty resistance in Lukoil deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

191. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....

192. Silvio Berlusconi diagnosed with leukemia

Former Italian prime minister Silvio Berlusconi has been diagnosed with leukemia, according to Corriere della Sera, a leading Italian newspaper....

193. Delays unclear over Cypriot-fueled Lukoil deal

An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...

194. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

195. Investors flock to 'green' bonds as a secure investment

196. Private jet flights in Europe reach record high in 2022

A recent report from Greenspace on carbon dioxide emissions from private aviation in Europe has shown that private jet flights reached an all-time high in 2022, and emissions more than doubled compared to 2021....

197. EU states need foreign workers and are changing their requirements

Working in EU: Recent Changes You Must Be Aware of If You Are Planning to Get a Job in Any of the Member States...

198. Italy weighs in as Cypriot fund goes after Lukoil plant

An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...

199. Eurostat: Women continue to outlive men in Cyprus

In 2021, life expectancy at birth was 81.3 years in Cyprus and 80.1 years in the EU according to data published by Eurostat....

200. Bahrain plays down Turkish Cypriot flag incident

A Turkish Cypriot flag at an inter-parliamentary union assembly in Bahrain has caught Nicosia’s attention, prompting Manama to reassure Greek Cypriots that it was 'not intentional' while dialogue still prevailed despite the diplomatic faux pas...

201. Cyprus becomes repatriation hub for EU

On Wednesday, the Cyprus Police announced that a joint forced return operation, coordinated by FRONTEX, had successfully repatriated 23 third-country nationals who were illegally in Cyprus on Tuesday night....

202. EAC maintains dominant position in Cyprus' energy production market

The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....

203. State hospital staff to receive training from Accreditation Canada

Training sessions will take place in two major public hospitals in Nicosia, starting today, as part of the accreditation process that the SHSO (OKYpY) has initiated, under the guidance of Canada Accreditation....

204. Tourists are spending 13% more in Cyprus

If there is one thing that has changed in the past year's data on the tourism industry, it is the realization that, even though there are fewer visitors coming in than in 2019,...

205. Volunteers from Greece, Turkey and Italy receive emergency training in Nicosia

Sixteen young volunteers from Greece, Turkey, Italy, and Cyprus are being trained in Nicosia under the direction of the CERIDES Centre of Excellence at European University Cyprus as part of an international project and for a very specific reason....

206. 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....

207. Protesters want an end to EastMed pipeline project

Environmental activists gathered outside the EU Commission in Brussels on Wednesday warning that in addition to financial and geopolitical arguments against the construction of an EastMed natural gas pipeline, sabotage similar to NordStream last year was also a possible risk...

208. 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...

209. EU sends humanitarian supplies to Syria for earthquake relief

As part of an EU humanitarian air bridge for Syria, two planes with emergency aid landed Monday in Damascus, to provide further support for the Syrian people impacted by the earthquake. ...

210. How will airport traffic fare this year?

Passenger traffic at Cypriot airports is expected to return to 2019 levels this year. According to current data, passenger traffic will reach at least 96% of what it was in 2019 and may even exceed it. ...