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1051. Retail trade in the grip of inflation

The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....

1052. Consumer confidence in the economy deteriorates in June

The economic sentiment in Cyprus deteriorated in July, pushed downwards by weaker business confidence in services, industry and retail trade....

1053. Face masks now required in pharmacies, labs and covid testing areas

Mandatory face masks return in pharmacies, labs and COVID testing units in Cyprus...

1054. Veil of mystery over Pachyammos excavations

Greek Cypriot officials were heading back to a bombing site in Pachyammos on Monday to investigate two missing person cases from the 1964 events but reportedly unrelated to Turkish bombardment, as relatives of disappeared persons keep pushing the state for answers...

1055. Minister thanks Israel for assisting in occupied Kantara fire

Minister of Agriculture, Rural Development and Environment Costas Kadis went to the airport of Larnaka Friday to thank the teams of the firefighting aircraft that arrived from Israel and helped put out the large fire in the Turkish-occupied area of Kantara....

1056. Swiss hotel offers sleepless nights to ponder the world's problems

"I couldn't sleep," and "my room was too noisy," may be complaints hoteliers dread from guests, but for the Riklin brothers, that is the entire point of their latest 'zero-star hotel' art installation....

1057. Germany a step closer to rationing after Russia cuts gas supplies

The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit. ...

1058. Drug squad chief suspended after warden complaint

Lack of clarity continued to rule the day in the Republic of Cyprus following allegations against the drug squad chief, who was suspended from duties on Wednesday after the prison warden accused him of illegal activities...

1059. Greek PM meets with President Anastasiades in Cyprus

Greek Prime Minister Kyriakos Mitsotakis and Cyprus President Nikos Anastasiades said Friday that international law, strong alliances and the countries’ presence in the EU are what protect against Ankara's rhetoric and provocations....

1060. Erdogan critic wants Kissinger to apologize over Cyprus

An American scholar is calling on Henry Kissinger to apologize to Cypriots for betraying Greeks and appeasing Turkey, arguing that the father of modern realpolitik had signaled to Turkey back in 1974 that 'aggression works'...

1061. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

1062. The 15 branches of Bank of Cyprus that are closing

The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...

1063. MAP S.Platis Group Pioneers 32-Hour Work Week for Staff This Summer!

Following the success of its hybrid and flexible work schedule during the past two years, MAP S.Platis Group, a leading consulting, educational, and tech firm in the financial services and regulatory compliance sector in Cyprus, announces the launch of a four-day work week for its staff via its ‘Summer Afternoons’ programme....

1064. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

1065. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

1066. Tatar alleges Greek Cypriot links to terrorism

Turkish Cypriot leader Ersin Tatar had some harsh words for his compatriots in the south this week, saying Turkey’s concerns over NATO candidate Sweden’s PKK links also had basis in the south and called on Greek Cypriots to reevaluate their 'cooperation with terrorist organizations'...

1067. 'Mutually beneficial' CBMs rejected by Tatar

Government Spokesman Marios Pelekanos stated today that a proposal by Cyprus President, Nicos Anastasiades, on a package of Confidence Building Measures (CBM) is mutually beneficial and promotes a positive climate for the resumption of Cyprus talks....

1068. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

1069. Greece rejects Turkish claims in the Aegean

The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....

1070. EC: Actions in Varosha a step in the wrong direction

Both Turkey and the Turkish Cypriot leadership are fully aware of the position of the European Union on Varosha, Commission spokesperson Stefan De Keersmaecker told the Cyprus News Agency, responding to a question on the opening of more parts of the beach of the fenced-off area, which he said was a step in the wrong direction....

1071. Lebanese banks in Cyprus to shut down amid the country's financial crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

1072. Four-day workweek being piloted in Cyprus

A four-day workweek is being piloted in the Republic of Cyprus, with a big accounting firm on the island testing the waters of better work-life balance this summer...

1073. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

1074. Kasoulides conveys need for reversal of actions in Varosha

Cyprus Foreign Minister, Ioannis Kasoulides, stressed, on Monday, the need for the implementation of the UN resolutions on Famagusta and for the reversal of Turkish actions in the fenced-off city of Famagusta during a meeting with the UNSG's Special Representative and head of the UN peacekeeping force in Cyprus, Colin Stewart, which lasted for about half an hour....

1075. EY launches 2022 Better Working World Data Challenge to help tackle biodiversity loss

1076. De Niro to shoot new action flick in Drama, Greece

Hollywood actor, director and producer Robert De Niro will be in Thessaloniki next week for the shooting of the new action film “Tin Soldier.”...

1077. Varosha - Occupying forces opening another part of the beach

The Turkish occupying forces in Cyprus have started work to open up a new area along the beach in the fenced-off area of Varosha, on the eastern coast of Cyprus....

1078. Bank of Cyprus to reduce its employees by 500 in 2022

1079. 27 year old sentenced to two years in prison for starting fire

A 27-year-old man was sentenced today to two years in prison in connection with the fire that broke out near a state forest in eastern Limassol, on July 3, 2021, the same day as the catastrophic fire that followed in the mountainous Limassol - Larnaca....

1080. Marcos myths lift dictator’s son to power in Philippines

A video posted in 2020 on YouTube claims the French astrologer Nostradamus predicted the outcome of this week’s presidential election in the Philippines....