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571. From sleepy fishing village to clubbing capital

In the 1990s, Ayia Napa, a serene fishing village in Cyprus, underwent a remarkable transformation into one of the world's premier clubbing destinations. This metamorphosis is attributed to the pioneering efforts of DJ Nick Power, who earned the title "godfather of Ayia Napa."...

572. Eurobank to revamp Hellenic Bank's leadership in September

Eurobank is now focusing on the next steps following the completion of its tender offer for a 100% acquisition of Hellenic Bank, finalized on Tuesday, June 30, 2024. ...

573. Greek firms fuel business expansion across Cyprus

The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....

574. EU nations push back against von der Leyen’s dual nominee request

A power struggle is intensifying between EU member states and European Commission President Ursula von der Leyen over the composition of the new Commission....

575. Lidl Cyprus celebrated the opening of its 3rd store in Paphos and 21st store in Cyprus

In a major expansion of its retail network, Lidl Cyprus opened its newest store in the Neon Mall of Pafos on Wednesday 24 July, marking the 3rd Lidl store in a row in the Paphos district and the 21st in Cyprus. ...

576. CBC enforces 11.76% cap on loan interest rates

The Central Bank of Cyprus, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with its provisions, determines the reference interest rate to be 11.76%....

577. Minister highlights importance of defence readiness in Zygi

At a time when geopolitical developments and security challenges are constantly changing, maintaining our defence capabilities at high levels is a top priority, Cyprus Defence Minister Vassilis Palmas said on Thursday, at an event for demonstrating the operational capabilities of the National Guard, which took place in the coastal area of Zygi, in the Larnaca district....

578. Von der Leyen's EU role for Mediterranean attracts Cyprus

Cyprus President Nikos Christodoulides is seeking control of a newly proposed role within the European Commission, aimed at overseeing EU policy for the Mediterranean region....

579. High electricity costs in Cyprus due to lack of renewables

As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....

580. Futuristic yacht stuns Mykonos with Sci-Fi design

581. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

582. Multiple violations on Pervolia beaches

An official from the Office of the Environment Commissioner has uncovered several violations on the beaches of Pervolia, including unauthorized shacks operating as bars, use of electricity, absence of a lifeguard tower, and vehicle movement on the beaches....

583. Hollywood cheers Biden's exit, backs Harris for 2024

Hollywood figures have largely welcomed President Joe Biden’s decision to withdraw from the 2024 presidential race, marking a shift in sentiment from recent weeks....

584. Biden bows out. What now?

After an extended period of criticism and pressure, not from opponents but from friends and supporters, which made it particularly painful, came self-awareness and, finally, the difficult decision....

585. Market changes, Eurobank's move, and economic struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...

586. Erdogan leads a grand spectacle and provocation in occupied territories

On the occasion of the fiftieth anniversary of the Turkish invasion of Cyprus in July 1974, Ankara is staging its largest ''celebration'' in the occupied territories, replete with multiple symbolisms and a display of military power led by the amphibious aircraft carrier...

587. Porsche doubles the size of the model range for the all-electric Macan

First rear-wheel-drive Macan delivers high efficiency ...

588. Despina Vandi cancels Turkey concert over flag and Ataturk portrait

Greek pop star Despina Vandi refused to perform on a stage in Turkey adorned with its flag and portrait of the country’s founding father, prompting the local mayor to ask her to leave her town, according to Turkish media reports. ...

589. Cyprus' political failure 50 years on

The 20th of July will mark the day the Turkish Army invaded and occupied 40% of the island of Cyprus. Greece’s Prime Minister Mitsotakis, dignitaries and other heads of state will be welcomed as guests by President Christodoulides to commemorate that historical dark event but to also make the customary petty speeches aimed to tickle people’s ears....

590. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...

591. China unveils world's largest hurricane-proof turbine

Imagine a wind turbine so advanced it can withstand hurricanes and typhoons while harnessing their immense power to generate electricity....

592. Cyprus seeks solutions for property buyers 'in limbo' after court ruling

The government is working to help property buyers who are now in a difficult situation after the Court of Appeal ruled the 2015 Real Estate Transfer and Mortgage Law unconstitutional....

593. Cypriot neurosurgeon sentenced for fraud

A Cypriot neurosurgeon has been sentenced to 32 months in prison for deceiving patients and defrauding the General Health System. ...

594. Solar-powered 'smart benches' to monitor air quality in Greece

595. President promises better sports support in Cyprus

Cyprus President Nikos Christodoulides acknowledged on Tuesday evening that the state has not done enough for the sports and culture sectors over the years, pledging that decisions will be taken to set up the infrastructure for Cypriot athletes....

596. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

597. ADMIE pushes for new ruling on power cable costs

Independent Power Transmission Operator (ADMIE) of Greece presented new data to the Cyprus Energy Regulatory Authority (RAEK) on Monday, regarding......

598. Cyprus and Greece commit to Eastern Med security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

599. Ukrainian startups build low-cost robot army to combat Russia

Facing manpower shortages, overwhelming odds, and uneven international assistance, Ukraine is looking to an unlikely source for a strategic edge against......

600. ''We don't come here just to take'' (video)

“Many afternoons, I look at the opening between the trees and think, I’d like to go there too, but I know I can’t...'' says the 15-year-old from...