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661. Greece tops billionaires' Mediterranean getaways

Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....

662. 24-year old awarded $18.8M in lawsuit over talc-based baby powder

A 24-year-old man in California was awarded $18.8 million on Tuesday in his lawsuit against Johnson & Johnson, in which he blamed talc in the company's baby powder for giving him cancer....

663. ChatGPT's rise sparks academic debates

ChatGPT, an artificial intelligence software based on advanced language models, capable of generating texts from corresponding programs, was put into use....

664. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

665. Athens wildfire affects almost 35,000 hectares

The area affected by the fire that broke out on July 17th in Neo Kouvara and spread to areas in Eastern Attica (Lagonisi, Saronida, Anavyssos) covers 34,724 hectares. ...

666. Petrolina Group: The gift of life with a blood donation

667. Cabinet announces members of Advisory Council

The Council of Ministers, chaired by President Nicos Christodoulides, convened today at the Presidential Palace. Following the meeting, Government Spokesman Konstantinos Letymbiotis informed reporters of the Council's decision to appoint the following individuals as members of the Advisory Council:...

668. The 24-hour solution to plastic waste

Researchers at The University of Texas in Austin discovered an enzyme that eats plastic fast, and scientists think it could revolutionize how we deal with waste....

669. Road safety concerns and uncontrolled access in Akamas National Forest Park

An incident in Akamas involving a four-wheeled motorbike falling off a cliff and injuring the driver has brought attention to the dangerous conditions of the road and the lack of protective measures. ...

670. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

671. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

672. Cyprus surpasses 40,000 solar installations

The Electricity Authority of Cyprus has taken actions to reduce the waiting time for the inspection of photovoltaic systems after installation....

673. Applications open for 'Rent in Exchange' program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....

674. Cablenet partners with Salesforce and Tech Mahindra

Cablenet is excited to announce its partnership with Salesforce and Tech Mahindra, which has led to the launch of a cutting-edge Customer Relationship Management (CRM) system. ...

675. Huw Edwards named as BBC's scandal wrought presenter

The BBC is caught up in a scandal, but its reporters are not holding back in covering it....

676. 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....

677. BBC under fire for alleged payment of child for explicit photos

The British government on Sunday ordered the BBC to investigate one of its presenters, accused in the press by a mother of having paid her child to send her pornographic photos....

678. Eurobank's vision: Controlling Hellenic Bank and conquering new markets

According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....

679. Migrant reception center in Kofinou inaugurated today

The inauguration of the first phase of construction works at the International Protection Applicant Reception Center in Kofinou, upgraded with the support of the European Asylum Agency (EUAA), took place today, conducted by the Minister of Interior, Konstantinos Ioannou, along with Nina Gregory, the Executive Director of EUAA, and Beate Gminder, Deputy Director-General in the Directorate-General for Internal Affairs of the EU....

680. The government's seven proposals for vulnerable individuals

Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....

681. Parliament to vote on law for borrowers' foreclosure appeal

The news from the "Oikonomiki Kathimerini" about the suspension of first home foreclosures up to €350,000 until the end of October has been confirmed. ...

682. UN chief spells out need for envoy deal on Cyprus

An important step forward would be an agreement with the sides on an appointment of a United Nations envoy, who could explore ways to reach common ground towards resuming negotiations for a lasting settlement in Cyprus, the UN Secretary General says, while urging the leaders to send a clear signal that 'this time things will be different'...

683. Greek side rules out ‘partitionist solutions’ in Cyprus

We will not accept, in any way, faits accomplis on the ground, Greek Foreign Minister, Georgios Gerapetritis, said on Tuesday, after a meeting in Nicosia with his Cypriot counterpart, Constantinos Kombos, noting that reaching a just solution to the Cyprus problem was Greece's 'top national priority'. Kombos said Nicosia will never accept partitionist solutions ...

684. Turkish or Turkish Cypriot? Court decision controversy

The Republic of Cyprus will pay a compensation of €345,000 to a Turkish Cypriot of American origin, while also returning his property in Limassol, which was being irregularly exploited....

685. UK Ministers urged to end marine mammal hunting

Dolphins and other marine mammals are being failed by the UK government, MPs have said, as they call for ministers not to sign trade deals without considering cetacean welfare....

686. Cyprus struggles to reduce landfill waste, falling behind targets

Cyprus is facing significant challenges in meeting its municipal waste management and recycling targets, prompting concerns from the European Commission, according to a report on Philenews....

687. €10 banknote most counterfeited bill in Cyprus

In a recent annual report, the Central Bank of Cyprus shed light on the prevalence of counterfeit bills and coins circulating in the country. The report, according to an article on Philenews, highlighted the €10 banknote as the most counterfeited bill, making up 40.8 percent of the total counterfeit pieces....

688. Cyprus receives funding for Nicosia motorway

The European Commission has announced a significant investment of €6.2 billion to co-finance 107 infrastructure projects aimed at promoting sustainable, safe, and efficient transport throughout the EU....

689. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

690. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...