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121. Cyprus gov't to pay €345,000 to Turkish Cypriot for illegal use of property

The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....

122. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

123. Building land for sale by AstroBank

124. Weak seasonal low pressure impacts area

Today's weather forecast indicates a predominantly clear day, although sporadic patches of clouds may appear throughout the region....

125. Cyprus joins campaign to boost seafarer recruitment

To mark the 'Day of the Seafarer' on June 25, the International Chamber of Shipping (ICS) partnered with its Members, including the Cyprus Shipping Chamber, to launch a Seafarers Recruitment Campaign Film titled 'An Adventurous Spirit' ...

126. Clear skies, moderate winds and above-average temperatures

Today's weather will be predominantly clear, although there may be some localized low clouds initially. Winds will be coming from the southwest to northwest, ...

127. Vienna retains top spot as most pleasant city to live in

Vienna maintains its position as the most pleasant city to live in, according to the annual rankings released by the Economist Intelligence Unit....

128. Cyprus road deaths down 18% last year

There were 20,678 deaths on EU roads in 2022, a collective increase of 4% compared to 2021, according to the 17th Annual Road Safety Performance Index (PIN Report), released Tuesday, by the European Transport Safety Council (ETSC). Out of the 32 countries monitored by the PIN programme, only 13 registered a decrease in road deaths in 2022, compared to 2021. Slovenia was ranked first with a 25% reduction, followed by Latvia with 23% and Lithuania and Cyprus with 18%...

129. Weather update: Showers, clouds, and rising temperatures

Showers were observed in multiple areas of the island today (19/06). The Cyprus Meteorological Service has reported that the region is experiencing the influence of weak low pressure, leading to an afternoon characterized by partly cloudy to mostly cloudy conditions,...

130. 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....

131. Registered jobless numbers drop in May indicating declining unemployment

According to data from the Provincial Labour Offices, the number of registered unemployed individuals at the end of May 2023 decreased to 10,357 persons, marking a decline compared to both the previous month and May of the previous year....

132. Climate change and increased wildfires

The occurrence of the first wildfires just before we officially enter the summer period can be perceived as a warning of the danger that Cyprus faces in experiencing extreme environmental destruction from fires in the coming period....

133. Drones revolutionize Russia-Ukraine conflict

The war between Russia and Ukraine is witnessing an increasing use of drones alongside conventional weapons....

134. California: Electricity bills based on your paycheck

Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....

135. Unsettled conditions and elevated dust levels persist

The prevailing unstable weather conditions in Cyprus show no signs of subsiding, according to Kleanthis Nicolaides, the Director of the Meteorological Service, in an interview with K. ...

136. Luxury villas for sale by AstroBank

137. Cyprus transforms into wintry wonderland with rain and hail

On Tuesday (30/05), Cyprus experienced a sudden change in weather with heavy rainfall and hail across the island, creating a wintry scene. The Met Office has issued a yellow warning for severe thunderstorms, attributing the unstable air mass as the cause....

138. Aphrodite shield: Cyprus and UK join forces for air defense training

The air defence drill "Aphrodite Shield" was carried out on Tuesday, with the participation of Air Defence Units of the Cyprus Air Command and aircraft of the Royal Air Force of the United Kingdom....

139. Nicosia ups voice during defense meeting in Brussels

Defence Minister Michalis Giorgallas stressed that EU - NATO needs to take place on an equal footing for all member states, speaking after the conclusion of the Foreign Affairs Council which was held in Brussels on Tuesday in its Defence Ministers configuration...

140. In search of an energy strategy

After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...

141. Henry Kissinger warns of looming peril: U.S.-China tensions and the AI arms race

U.S.-China tensions have been called a repeat of Cold War-era dynamics. But a more apt comparison may be the years preceding World War I when much of Europe was sitting on a powder keg of hostilities and overlapping territorial claims that required only two bullets to ignite. ...

142. Central Bank governor projects higher economic growth for 2023

On Tuesday, Constantinos Herodotou, the Governor of the Central Bank of Cyprus, announced that the Cypriot economy is projected to grow in 2023 at a higher rate than the Eurozone average. ...

143. Commissioner in Cyprus to probe Russian asset freeze

Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...

144. US McDonald's franchisee employed two 10-year-olds, broke labor laws

A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....

145. Astrobank: 'Reward' plan for good borrowers

Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....

146. Decline in asylum approvals in Cyprus in 2022

According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....

147. Unstable weather conditions: Rain, thunderstorms and hail

This is your weather report for today, April 27th. Cloudy skies are expected throughout the day with chances of local rain and isolated thunderstorms. ...

148. Russia-Ukraine conference bogged down over Cyprus

Another odd exchange about Cyprus with references to age and sexism ended up crashing an international conference on Russia and Ukraine on Monday in Prague, where Cypriot House Speaker Annita Demetriou took exception to her Turkish counterpart’s response after he took issue with her Turkish-Russian invasion analogy...

149. Finance Minister requests containment of lending rates for housing loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

150. More Greek riddles as Ukraine seeks S300

Ukrainian Defense Minister Oleksii Reznikov says his recent trips abroad including a visit to Cyprus have been 'very important' as Kiev still negotiates for Soviet-made missiles ahead of the next Ukraine Defense Contact Group in Germany...