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2641. Five year plan to install AC units at schools underway

A five-year, 100 million euro program to install air conditioning units at schools was announced yesterday by Education, Culture, and Sports Minister Prodromos Prodromou....

2642. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

2643. Russia will free up Ukrainian ports to allow grain exports

Russia and Turkey on Wednesday voiced support for the creation of a safe maritime corridor in the Black Sea so Ukraine can export grain to global markets amid an escalating world food crisis....

2644. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

2645. Greece preparing for mass migrant entry from Turkey

Amid rising tensions with Turkey, plans are being drafted to deal with the possibility of an attempted mass entry of migrants into Greece at the instigation of Ankara, in a repeat of the spring 2020 incident at the Evros land border....

2646. Lavrov in Turkey to discuss plans to ship Ukrainian grain

Russian Foreign Minister Sergey Lavrov is due to hold talks Wednesday with Turkish officials on a plan that could allow Ukraine to export its grain through the Black Sea to global markets amid an escalating food crisis....

2647. Man fearing monkeypox checks himself into hospital

Another suspected case of monkeypox has been found in the Republic of Cyprus, with reports suggesting the government has been keeping information on the down-low to avoid panic over unconfirmed incidents...

2648. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

2649. EU to implement one charger for all devices by 2024

In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....

2650. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

2651. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

2652. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

2653. Turkey buying stolen Ukrainian grain from Russia

Kyiv's ambassador to Ankara said on Friday Turkey is among the countries that is buying grain that Russia stole from Ukraine....

2654. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

2655. Thousands of young Europeans selected to travel throughout Europe for free

Nearly 754,000 people have applied to travel and visit Europe through DiscoverEU, the integrated program of Erasmus+, has revealed....

2656. Global IPO market experiences significant slowdown in Q1 2022

2657. Britain celebrates 70 years of Queen Elizabeth's reign

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne....

2658. Nicosia on the defense over ill-timed Israeli drill

Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...

2659. Cablenet and Plume fast tracking the intelligent home evolution in Cyprus

Cablenet, a leading Telecommunications provider in Cyprus, today announced the start of a new era in intelligent home services. ...

2660. European cities are turning rooftops into community and sustainability hubs

Across Europe, intrepid artists, planners, and architects are transforming the flat, grey rooftops of the continent into lively community hubs....

2661. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

2662. A new hotel opens in the heart of Old Nicosia

Interest in investing within the walls of Nicosia is growing. The purchase of property to be transformed into student dormitories and new apartments is being discussed both by local businessmen and in real estate circles. ...

2663. Cyprus looking to acquire a presidential aircraft

Discussions surrounding the purchase of an official presidential plane return to the fore....

2664. Awards for Lidl Cyprus Human Resources Department

Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...

2665. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

2666. Greece planning major wall extension on border with Turkey

Greek authorities say they are planning a major extension of a wall along the country’s border with Turkey and are seeking European Union financial support for the additional construction....

2667. Iran seizes two Greek tankers as tensions rise

Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast...

2668. Zelenskiy: 'Stop playing around with Russia, end war'

President Volodymyr Zelenskiy urged the West to stop playing around with Russia and impose tougher sanctions on Moscow to end its "senseless war" in Ukraine, adding his country would remain independent, the only question was at what price....

2669. President determined to tackle corruption

President of Cyprus Nicos Anastasiades stressed the government's determination to decisively tackle corruption, promote transparency and accountability and consolidate the rule of law, in a meeting on Thursday with the President of the OSCE Parliamentary Assembly, Margareta Cederfelt, at the Presidential Palace....

2670. Monkeypox outbreak management plan close to being finalised

The process of drawing up a management and action plan by the Ministry of Health to deal with a possible detection of monkeypox cases in Cyprus is in its final stage, a source of the Ministry has said....