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1231. G7 price cap on Russian oil kicks in

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....

1232. Over half a billion euro in government surplus so far this year

Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....

1233. Both sides calling for talks to resume 'as soon as possible'

Νegotiations for the Cyprus problem should be restarted “as soon as possible”, for a solution only in the framework of a united federal Cyprus, Greek Cypriot and Turkish Cypriot parties said on Wednesday after their regular meeting at Ledra Palace hotel in the Nicosia buffer zone, in the framework of the bi-communal dialogue under the auspices of the Embassy of the Slovak Republic in Nicosia....

1234. Lawyer Andreas Pittadjis denies all charges in 'golden passport' trial

Based on the findings of the Nicolatos Committee, the four defendants in the criminal case involving Al Jazeera news network reporting and the events surrounding the naturalization of foreign investors and businessmen were brought before the Nicosia Permanent Criminal Court....

1235. When the ink dries, this will be the new archaeological museum

1236. Black Friday: Up to 70% off all Aegean flights

Aegean Airlines has announced a fantastic Black Friday deal. According to a press release, all flights are discounted by up to -70% today only. It should be noted that the offer applies to all direct and stopover flights....

1237. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

1238. More routes and airline seats for the winter

The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...

1239. EC proposing a ceiling of 275 euros per megawatt hour for natural gas

Energy Commissioner Kadri Simson announced at a press conference in Brussels yesterday that the European Commission is proposing to cap the price of natural gas at 275 euros per megawatt hour for next month's TTF contracts....

1240. Europe rushes to stock up on Russian diesel before ban starts

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited....

1241. Cypriot registered ships decrease by 21% due to sanctions

A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....

1242. Immerse yourself in a Christmas wonderland

There is a little over a month left until Christmas, which means that now is the perfect time to book a trip for anyone who is planning to reach another country, especially a European country....

1243. Spend the night in a giant flower pot, or even a nuclear missile bunker

Would you ditch the Courtyard Marriot in order to sleep inside a giant flower pot? What about a nuclear missile bunker, a giant triceratops skull, or a pig sleeping under a quilt of grass and flowers?...

1244. Cypriot residents took more trips abroad this month compared to last year

A total number of 119,466 residents of Cyprus returned from a trip abroad in October 2022, compared to 64,547 in the corresponding month last year, recording an increase of 85.1%....

1245. Who benefits from the proposed rent-to-mortgage scheme?

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

1246. Spike in illegal migrant entries, says EU border agency

The European Union’s border agency said Monday that the number of illegal entries by migrants spiked to more than 275,000 in the January through October period this year....

1247. 'It's beginning to look a lot like Christmas!' (photos)

The Christmas Villages are set to begin in less than two weeks, on Saturday, November 26, and preparations by the participating communities are ongoing. ...

1248. Stakes are high as Cyprus seeks new archbishop

The Holy Synod in Cyprus is gearing up for high-stakes elections after Archbishop Chrysostomos was laid to rest on Saturday, following a funeral service officiated by Ukraine-backer Bartholomew whose historic trip from Istanbul foreshadows a colossal dilemma of epic consequences for the island and the orthodox world at large...

1249. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

1250. Cyprus looking for a piece of the US market

Tourism Deputy Minister Savvas Perdios has revealed plans for “opening up” the US tourism market, with a visit to New York and Washington DC penned in for January....

1251. Slump in car sales recorded in October

Total car sales dropped significantly in October 2022 compared with the month before mainly due to the steep drop in passenger saloon cars....

1252. Presidential debate - The arguments, aggressiveness, and lies

The first cross-court debate between the three main presidential candidates based on polls featured nerves, dynamism, pace, and a variety of topics....

1253. Bounced checks totaling €47,010 were issued in October

In October 2022, only 32 bounced checks totaling €47,010 were issued, and a total of 20 people were listed on the preliminary list of the Central Information Register (CIR) for bounced checks maintained by the Central Bank of Cyprus (CBC). Thirteen of the twenty were natural persons, and seven were legal entities....

1254. Coronavirus, flu, and RSV: The trifecta of winter woes

Despite the marked improvement in our country's epidemiological picture, with pandemic indicators showing a decline, experts are not complacent, with the arrival of winter being viewed as particularly pivotal....

1255. Get your Santa fix at a Christmas village near you (video)

Following the success of last year's Christmas Villages, the Deputy Ministry of Tourism has announced that the project will be repeated this year, with seven Christmas Villages across Cyprus....

1256. 1.6 billion Euros in revenue in the first eight months

The tourism income for the period January-August has so far been calculated at €1,617.1 million....

1257. Paul Pelosi, husband of Nancy Pelosi, recovering after hammer attack

Paul Pelosi, the husband of US House of Representatives Speaker Nancy Pelosi, is recovering from surgery after being attacked by a hammer-wielding intruder at the couple's San Francisco home....

1258. People with a history of cancer will be eligible for insurance benefits

Following an agreement reached on Thursday afternoon and announced by Health Minister Michael Hadjipantelas, people with a history of cancer will now be able to receive benefits from insurance companies as of January 1, 2023....

1259. Which products were most affected by the barrage of price increases?

Aside from fuel and electricity, shopping, particularly for necessities, is high on the list of concerns for all households. Prices in various product categories have risen, making life even more difficult for consumers, and the outlook is bleak at the moment....

1260. Turks test fire missile full of double entendre

Turkey reportedly test-fired a short-range ballistic missile over the Black Sea on Tuesday in an apparent double entendre, as Ankara called on Athens this week to resolve issues through dialogue but also repeated warnings to Greece to demilitarize the Aegean...