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1021. A long journey always begins with a small step

The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....

1022. Russian warning sparks Black Sea grain export tensions

Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....

1023. Calum Chase at the Digital Agenda Cyprus Summit

Calum Chase is a best-selling writer and sought-after speaker on artificial intelligence. He focuses on the medium- and long-term impact of AI on all of us as individuals, societies and economies....

1024. Telecom giant Primetel faces administration

In a recent development, Primetel, a prominent telecommunications company, has entered administration. The company officially informed the Office of Electronic Communications and Postal Services about this significant change in its status....

1025. Concerns over food crisis and rising prices

The head of the Competition Division of the Consumer Protection Agency at the Ministry of Commerce, Aliki Iordanou, stated that there has been no increase in product prices despite the zero VAT rate....

1026. Germany recruiting nurses from Latin America

Germany is continuing its efforts to recruit more nurses from countries in Latin America to tackle the ongoing labor shortage....

1027. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

1028. 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. ...

1029. The top 20 professions that can land you a European work visa

An astonishing number of 400 different occupations have been classified as shortage occupations in at least one European Union or Schengen Area member state, while another 321 different professions have been listed as a surplus in at least one of these countries....

1030. Banking on success: Greek and Cypriot banks show remarkable credit improvement

Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....

1031. Gasoline trade in divided Cyprus

The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...

1032. DAAS-AI: Digital Agenda Alpha Stage AI start-up competition

The Digital Agenda introduces the Alpha Stage Start-ups Innovation Platform, where startups and innovation teams have the opportunity to participate in the Digital Agenda Alpha Stage Artificial Intelligence Competition, known as DAAS-AI, ...

1033. Philippos Soseilos: Significant investment opportunities in Cyprus

1034. 'French icon' Jane Birkin dies at 76, world mourns loss

The singer, actress, and fashion icon Jane Birkin has died at the age of 76....

1035. Court battle looms as Cyprus faces EU scrutiny over professional qualifications

The European Commission decided to refer Cyprus and Malta to the Court of Justice of the European Union for incorrect transposition of EU rules on the recognition of professional qualifications, ...

1036. 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....

1037. 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....

1038. 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....

1039. 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. ...

1040. Over one-third of Turkish fruit and vegetable imports to EU violate safety standards

According to the Association of Greek Fruit, Vegetable, and Juice Exporters and Traders (INCOFRUIT-HELLAS), over one-third (35.3%) of fruit and vegetable shipments imported from Turkey to the European Union (EU) were found to contain excessive pesticide levels, as reported by the Rapid Alert System for Food and Feed (RASFF)....

1041. Relief for vulnerable households with non-performing loans

The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....

1042. Double the number of tourist transfers to the occupied territories

The arrival of 11 tourists in Cyprus, through the country's legal airports, and then a number of them arriving in the occupied areas, is not a daily phenomenon....

1043. Housing sales slow due to inflation and construction costs

The value of transactions in the real estate sector amounted to €1.52 billion in the second half of the year, with the market bearing the impact of the interest hikes, inflation and the increased construction cost....

1044. Loan demand in Cyprus falls, interest rates rise

The Cypriot banking institutions are holding a small basket for demand in new loans....

1045. Union protests erupt at City of Dreams Mediterranean

Europe's first integrated resort aims to enhance the country's tourism offerings and establish itself as a major hub for business and conference tourism, as reported by Philenews....

1046. Europe's first multi-themed resort opens in Limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

1047. Ministry of Labor to improve minimum wage policies

Cyprus currently has an outdated software system for pension fund operations. The government aims to expedite the actuarial study for the Social Insurance Fund (TKA) with the support of the International Labor Organization and the government of Austria. ...

1048. Transport Ministry to recruit EU nationals for bus driver positions

Transport Minister Alexis Vafeadis announced efforts to address the shortage of professional bus drivers in Cyprus by expediting recruitment procedures from European Union countries....

1049. 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....

1050. 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....