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2431. Half of Cyprus loans vulnerable to Euribor and ECB rates

Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....

2432. Cyprus expands diplomatic footprint, bolsters migration management efforts

President Nicos Christodoulides, leading the Council of Ministers at the Presidential Palace, announced significant developments in Cyprus' foreign policy and measures taken to address migration challenges....

2433. Cyprus linked to Magnitsky case through luxury hotel investment

The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....

2434. COVID-19 Novavax vaccine now available for 18 and older

As of Thursday 21/12/2023, the Nuvaxovid HBV.1.5 COVID-19 vaccine by Novavax will be available for people over 18 years of age, the Ministry of Health said in a statement....

2435. Cyprus to welcome 44 majestic vultures in bold conservation effort

Fifteen vultures were flown to Cyprus from Spain last week as part of the Life with Vultures program to save the endangered Griffon Vulture Gyps fulvus....

2436. The big decision: Minister's plan for wage boost

In a recent Labour Advisory Body session, Minister Yiannis Panayiotou remained tight-lipped about the upcoming announcement on the national minimum wage....

2437. PwC Cyprus recognized for leading the way in ''gender equality''

PwC Cyprus was honored with the renewal of the ''Gender Equality Employer'' Certification at a ceremony held by the Ministry of Labour and Social Insurance on December 15, 2023....

2438. Israeli Foreign Minister to support Cyprus' Gaza aid corridor plan

Visit to Cyprus today by the Israeli Foreign Minister, Eli Cohen, in light of the plans for the development and implementation of the initiative of the Republic of Cyprus to create a sea corridor for the provision of humanitarian aid to the civilian population in Gaza....

2439. UN's envoy to land in Cyprus for talks on Cyprus problem

In early January, the new Special Envoy of the UN Secretary-General, Maria Angela Holguin Cuellar, will arrive in Cyprus....

2440. School assault complaint leads to family arrests in Limassol

In a shocking turn of events, a high school in Limassol District became the scene of a tumultuous clash involving multiple generations of a family....

2441. Israel proposes Hezbollah relocation 6 miles from border

In a bid to alleviate tensions with Lebanon, Israel has communicated to the Biden administration its desire to push Hezbollah's forces approximately 6 miles away from the border....

2442. Over 215M COVID vaccines trashed, €4B down the drain

In a concerning revelation, European countries have disposed of more than 215 million doses of COVID-19 vaccines, originally procured at the peak of the pandemic....

2443. Businesses to cut greenhouse gas targets by 10%

Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....

2444. Trial begins for alleged gang rape of British tourist by Israelis in Ayia Napa

The trial for the case of the gang rape of a 20-year-old British woman by five Israelis in a hotel in Ayia Napa began on Monday (18/12). The issue is being closely monitored by the British Foreign Ministry....

2445. President launches state-sponsored arts opportunities for youth

President Nikos Christodoulides announced the initiation of the much-anticipated youth culture card, marking a significant step towards supporting the arts and engaging young minds in the cultural richness of Cyprus. ...

2446. Israeli FM Eli Cohen to discuss humanitarian aid Initiative in Cyprus visit

Israeli Foreign Minister Eli Cohen is scheduled to visit Cyprus on December 20 to engage in discussions related to the Republic of Cyprus' initiative to establish a sea corridor to provide humanitarian aid to the civilian population in Gaza....

2447. US-led naval coalition forms to protect Red Sea shipping routes

In response to a surge in attacks by Iran-backed Houthi rebels on commercial shipping, the United States, along with more than half a dozen allies, has launched Operation Prosperity Guardian, a reinforced naval task force in the Red Sea, according to a report in the Financial Times....

2448. The unforgettable night of Epic Xmas Street Fest

Last Sunday evening, December 17, Makarios Avenue in Nicosia witnessed a festive extravaganza as Epic Street Fest - The Xmas Edition took center stage at Spyridakis Square (360 building). ...

2449. EU's Schinas criticizes veto use, stresses need for compromise

European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....

2450. Pope Francis approves blessings for same-sex couples

Pope Francis has officially sanctioned the blessing of same-sex couples, marking a significant departure in policy aimed at fostering inclusivity within the Catholic Church. This move, however, maintains the church's steadfast opposition to gay marriage....

2451. Decoding the tragic legacy from 'Helios' airplane crash to bus blazes

Miraculously, there is no other explanation for the situation with the "crazy" school buses. They catch fire, burn up in the good seats, break down on long downhill grades, and, it is whispered, have a whole host of other problems....

2452. Clear skies and thunderstorms looming on horizon

In a weather update for the island, today promises clear skies and temperatures ranging from 0 degrees on the coast to 10 degrees in the higher mountains. ...

2453. Tatar's plea to Russia to reshape diplomatic landscape

"I would like to ask the Russian leadership and the Russian people to reconsider their policy on Cyprus, especially after what happened in Ukraine and what is happening in the world with a multitude of global changes," Turkish Cypriot leader Ersin Tatar told the Russian state news agency TASS - as reported by the latter....

2454. Which city will win Culture Capital 2030 in Cyprus?

Deputy Minister of Culture, Vasiliki Kassianidou, announced on Monday that the official process was launched through which the cities of Cyprus are invited to submit an application to claim the title of the 2030 European Capital of Culture. ...

2455. EU's media law shift sparks concerns for journalists

It doesn't come as a shock that, in the debate over the European Media Freedom Act between EU Council member states and the European Parliament, the EU Council incorporated a paragraph into its negotiating stance, stating that national security should be an exception when prohibiting surveillance of journalists and related practices....

2456. Tatar to appeal to Putin for a Cyprus policy rethink

Ersin Tatar, the leader of Turkish Cypriots, has urged Russian President Vladimir Putin to reconsider Russia's policy on Cyprus. ...

2457. Hermès heir to leave billions to his former gardener

Nicolas Puech, the 80-year-old heir to the esteemed Hermès fortune, is reportedly taking an unconventional approach to wealth distribution by designating his...

2458. National Guard signs historic defense deal with Netherlands

In a strategic move, the National Guard (NF) has entered into a Bilateral Defence Programme (BDP) with the Armed Forces of the Netherlands, as announced by the General Staff of the National Guard....

2459. Workforce crisis grips Cyprus as 12,000 job vacancies surge

In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....

2460. Authorities probe infant abuse by unlicensed childcare worker