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511. Switzerland hosts global peace summit for Ukraine

Ukraine's plea for peace resonated as Switzerland stepped forward to host a summit, according to a joint announcement by the presidents in Bern. ...

512. Companies spared fines for real beneficiaries registry

In light of recent reports, the Department of Companies and Intellectual Property (DCIP) in Cyprus provides updates on the implementation of Law 188(I)/2007 addressing the Prevention and Combating of Money Laundering....

513. USA: Detroit unveils groundbreaking electric charging road

Detroit has reportedly unveiled new technology beneath its streets after a year of waiting, with electric vehicles able to get a boost that could ultimately make range anxiety a thing of the past....

514. Companies grapple with soaring fines amidst regulatory confusion

There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....

515. Trimiklini scandal unveiled: 15-year licensing nightmare shakes state agencies

The Control Committee of the Parliament heard an outcry from the state services, who took almost 15 years to act on a series of illegal activities......

516. Seven drones shot down in major Red Sea battle

In a high-stakes operation, a British warship thwarted seven drones launched by Iranian-backed Houthi fighters in the Red Sea....

517. Cyprus faces widening trade gap as imports rose in 2023

Cyprus bought more goods from other countries than it sold to them by nearly €8 billion from January to November 2023. That's up by about €962 million compared to the same time frame in 2022, according to new data from Cyprus' statistics office....

518. Greece rolls out 'climate resilience levy' to fund post-disaster reconstruction

In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...

519. EU Council President to resign, pursue European Parliament seat

Charles Michel, the current European Council president, announced his decision to step down early to run for a seat in the European Parliament....

520. Guinness recognizes oldest person to conquer Grand Canyon on foot

In a testament to the adage that age is just a number, 92-year-old Alfredo Aliaga Burdio has etched his name into the annals of adventure by becoming the oldest person to conquer the Grand Canyon rim-to-rim on foot....

521. Red Sea hit by explosive drone assault

In a significant maritime incident, a drone boat laden with explosives has detonated in the Red Sea, as confirmed by the US navy....

522. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

523. Beware of the Brits bearing ideas for a Cyprus solution

According to recent reports, the British Foreign and Commonwealth Office is working on various scenarios to break the deadlock on the Cyprus problem and find a mutually acceptable formula....

524. European Commission disburses funds to six member states

The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....

525. Surge in Syrian asylum seekers amid drop in African arrivals

The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...

526. AG appeals ruling holding state liable for 2013 Laiki Bank ''haircut''

The Attorney General of the Republic of Cyprus has filed an appeal challenging a decision by the Limassol District Court dated November 8, 2023....

527. Thousands flee as Iceland's volcano roars to life

Molten rock is putting on a fiery show in Iceland as a volcano erupts following weeks of seismic activity. The Icelandic Meteorological Office reports lava spewing from a 3.5km crack in the Reykjanes peninsula, triggering rapid growth....

528. Preventive pediatrics expansion: Center takes on eight more diseases

''The CPP has been carrying out a project on behalf of the State for 35 years and covers the needs of the entire population of the country free of charge on a voluntary basis'', says Fotini Tsiridou, the president of the Association of Friends of the Center of Preventive Pediatrics ''Amerikos Argyriou'' and councillor of DISY, to ''K''....

529. Cyprus and the porn industry: High-tech hub exposed

For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....

530. Israel probes mistaken killing of three hostages

In a heartbreaking turn of events, signs bearing "S.O.S." and "help, three hostages" in Hebrew were discovered on the walls of a Gaza building where three Israeli hostages were hiding. ...

531. Two arrested in attempted murder probe in Ayia Napa

In a significant development, police apprehended two individuals, aged 39 and 40, yesterday, as part of ongoing investigations into an attempted murder case in Famagusta province last November. ...

532. Lisbon's homes unaffordable as prices hit record highs

In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...

533. President denies plans to visit Ankara after Erdogan's offer

President Christodoulides put an end to the DISY-government-opposition political confrontation from Brussels, in response to a report in the newspaper "Truth" which, citing sources, referred to an invitation by Turkish President, Tayyip Erdogan, to the President of the Council of Europe - on the sidelines of the brief, informal meeting between the two in the framework of the Climate Summit (COP 28) in Dubai....

534. How Cyprus and Chevron found common ground

The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....

535. Makarios Avenue struggles to fulfill commercial expectations

Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...

536. Crisis averted as Cyprus and Chevron reach compromise

The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the manager of the Aphrodite field, can be seen as a compromise satisfying both parties. ...

537. German Ambassador highlights Cyprus' vital role in Israeli-Palestinian conflict

In a recent interview with the Cyprus News Agency, German Ambassador to Cyprus Anke Schlimm emphasized the urgent need to avert a humanitarian catastrophe in Gaza....

538. Postal workers strike over burnout and job insecurity

In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....

539. Surge in bounced checks worth €1.6 million in 2023

540. Cypriot bonds hold firm at €6.75 billion amid ECB moves

As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...