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901. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

902. Nicosia on weapon-buying spree before runoff election

The outgoing President’s Cabinet in the Republic of Cyprus has approved the purchase of lethal weaponry from the United States just days before a highly contested runoff election on the island, which is also expected to receive attack helicopters this year after a controversial decision in Berlin...

903. Cyprus drives hard bargain on EU migration money

Outgoing Cypriot President Nicos Anastasiades will note the disproportionate burden for the Republic of Cyprus due to the increased migration flows, during the European Council summit taking place on Thursday and Friday in Brussels, highlighting the instrumentalization of the migration issue by Turkey...

904. Cyprus records another prison death as suicide

Officials in Nicosia Central Prisons in the Republic of Cyprus went on alert on Friday following the death of an inmate, whose body was found hanged in the shower...

905. Washington stops short of tongue-lashing Nicosia

Washington says there is no new policy to announce regarding a recent arms embargo lift on the Republic of Cyprus, following news that US sanctions have been imposed on several dealers including individuals who are based on the island...

906. Alpha Bank Cyprus Ltd: Mr. Miltos Michaelas as new CEO

The Board of Directors of Alpha Bank Cyprus Ltd, decided on the appointment of Mr. Miltos Michaelas to the position of CEO of Alpha Bank Cyprus Ltd....

907. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

908. Turkey wants to become a natural gas 'supermarket'

Turkey will hold a natural gas summit on February 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday....

909. Those born in 20 years will live better, says Gates

Bill Gates, the business magnate and co-founder of the Microsoft behemoth, frequently offers his opinions on the existential dangers to the world and humanity, such as climate change and potential future pandemics. ...

910. Cabinet agrees to implement full-day high school program

911. Senator links Burisma to Biden classified documents

A newly revealed email from Hunter Biden’s laptop regarding Ukraine is raising eyebrows, with critics pushing a theory that the first son had access to classified information at a time when he maneuvered for a seat on Burisma, a Ukrainian gas company based in Cyprus...

912. The demand for new homes is dwindling

The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....

913. Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...

914. Foreign trade increased significantly in first ten months of the 2022

Cyprus' foreign trade registered a significant increase in the first ten months of 2022, according to data released on Monday by the Statistical Service of Cyprus. The trade deficit also increased due to the great increase in imports....

915. Ukraine looks at Cyprus as Germany stalls

Cypriot Foreign Minister Ioannis Kasoulides is in Brussels this week where he will discuss with his EU counterparts a number of issues including Ukraine, whose president has slammed Germany for stalling on delivering Leopard tanks that Cyprus also wants according to military websites in what appears to be a convoluted arrangement...

916. China's population shrinks for first time in 60 years

China's population fell last year for the first time in six decades, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers with profound implications for its economy and the world....

917. PWC survey: Seven out of ten CEOs are pessimistic about 2023

According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....

918. Brothers facing US extradition walk free in Cyprus

The Supreme Court in the Republic of Cyprus has ordered the release of five suspects, including two Greek Cypriot brothers, who are wanted by US authorities in connection with an investigation into investment fraud...

919. Israelis applying for French citizenship skyrocketed after November elections

Following the November elections, which saw the installation of the country's most right-wing and religious government to date, the French embassy in Israel saw a 13 percent increase in applications for citizenship....

920. Cyprus features prominently in US Congress’ Turkey report

The possible sale of F-16s to Turkey and tensions between Turkey and Cyprus and Greece are included in a US Congressional Research Service report on Turkey released on January 9, which outlines Biden administration support of the sale and opposition by 'some members of Congress'...

921. Cypriot author claims police trying to ban his book on corruption

A Cypriot investigative journalist accused the police on Wednesday of trying to prevent him from publishing books he wrote about corruption in his country....

922. Rising cost of living worrisome for almost all Cypriots

The rising cost of living, the threat of poverty and social exclusion, and the migration issue are Cypriots’ greatest concerns according to the European Parliament’s Autumn 2022 Eurobarometer Survey released on Thursday....

923. UN chief sees no common ground in divided Cyprus

UN Secretary-General Antonio Guterres' report on the United Nations Peacekeeping Force in Cyprus, released on Wednesday night as an official document of the Security Council, number S/2023/3, records the lack of common ground between the two sides for peace talks leading to a mutually agreeable solution...

924. 47,700 young Europeans to be granted free travel tickets

DiscoverEU, which is an action of the Erasmus+ program that gives youngsters a chance to travel throughout Europe for free, has announced that a total of 47,700 tickets will be given to European youngsters at the end of this winter....

925. Exports of halloumi at 1.34 billion over the last 5 years

Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...

926. Supermarkets bet on their own private labeled products

Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....

927. NPL's decreased by €32 million to €2.69 billion in October 2022

Non-performing loans (NPLs) at the end of October 2022 amounted to €2.69 billion, showing a decrease of €32 million compared to the previous month....

928. Spain's irregular migration decreased by 25.6% last year

Data provided by the Spanish Ministry of the Interior has revealed that irregular immigration to Spain during the past year decreased by 25.6 percent, from 41,945 arrivals recorded in 2021 to 31,219 in 2022....

929. Turkish asylum applications in Germany increased by 216%

A total of 20,802 asylum applications from Turkish nationals were received by authorities in Germany in the first 11 months of 2022, marking a significant increase compared to 7,873 applications filed under the same purpose during the same period in 2021....

930. The plan to bring in more German tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....