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151. Moody's boosts Bank of Cyprus and Hellenic Bank ratings to Baa2

Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....

152. Hellenic Train's revenue plummets after floods

Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....

153. Moody's double upgrade ignites investor interest

Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....

154. Deputy Minister proposes joint tourist packages with Saudi Arabia

Cypriot Deputy Minister, Costas Koumis has proposed joint tourist packages between Saudi Arabia and Cyprus, focusing on the Saudi City of Neom which lies about two hours from Cyprus....

155. Sweden's military called to combat daily shootings and bombings

Sweden’s prime minister on Thursday said that he’s summoned the head of the military to discuss how the armed forces can help police deal with an unprecedented crime wave that has shocked the country with almost daily shootings and bombings....

156. Transport Department looking for solutions to unpaid fines

In efforts to address unpaid fines stemming from the photo-identification system, the Department for Transport is exploring potential remedies....

157. Overtime crisis threatens stability in Cyprus

The case of Ms. Komodromou, a civil servant seconded to the presidency from the University of Cyprus, sheds light on a much larger issue that has plagued governments in the Republic of Cyprus since its inception....

158. Farmers hold government accountable for halloumi

Sheep and goat farmers are gearing up for decisive action, including staging a protest outside the Presidential building, if their meeting with the President on Tuesday, September 26, fails to address their demands concerning Halloumi's Protected Designation of Origin (PDO) status. Sotiris Kadis, the president of the Sheep and Goat Farmers Association, conveyed this message during an interview with SPOR FM and Diaspora News....

159. Europe grapples with alarming air pollution crisis

Europe is currently in the throes of a severe public health emergency, marked by dangerously high levels of air pollution prevalent across nearly all regions of the continent. ...

160. Christodoulides invites Erdogan to pursue peace

Cyprus President Nikos Christodoulides, during his address to the 78th session of the UN General Assembly in New York, extended an invitation to Turkish President Recep Tayyip Erdogan to collaborate towards a vision of peace and the mutual betterment of their countries....

161. How University of Cyprus handles overtime pay

The University of Cyprus, led by its rector, Tassos Christofides, acknowledged that overtime was paid to Doxa Komodromou....

162. The victim...has no obligations

In a recent development, the European Parliament gave its approval to the report on Turkey's path to accession. This report is notable for its severity, addressing not only President Erdogan's erosion of democracy within Turkey but also the ongoing Cyprus problem....

163. Are Cypriots stuck in traffic by choice?

Traffic congestion in Cyprus, especially during school hours and extracurricular activities, is a recurring issue that not only makes headlines but also sparks extensive public discussions about potential solutions, which have proven ineffective in recent years....

164. Maria Ressa's Nobel-worthy legal triumph

Philippine Nobel laureate Maria Ressa has been acquitted of her final tax evasion charge in the latest legal victory for the veteran journalist as she battles to stay out of prison over cases that she has previously described as part of a pattern of harassment....

165. Israeli tycoon Benny Steinmetz arrested on arrival in Cyprus

Israeli billionaire mining tycoon Benny Steinmetz was arrested upon his arrival in Larnaca last Thursday and is expected to make a court appearance later this week....

166. Israelis in Cyprus protest during Netanyahu visit

Israelis in Cyprus organized a protest rally on Monday morning as Israeli Prime Minister Benjamin Netanyahu arrived at the Presidential Palace for the Cyprus-Greece-Israel Trilateral Summit....

167. Arrest of ex-convict sheds light on police shortcomings in Limassol riots

A shocking outbreak of violent riots rocked Limassol last Friday as masked assailants targeted immigrants and vandalized migrant-owned businesses during an anti-immigrant march. ...

168. Compensation plans unveiled for Akamas communities

Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...

169. Two policemen charged for power abuse and cruelty stemming from 2021

Developments have arisen regarding the serious incidents that occurred two years ago, specifically on February 13, 2021, during the march of the "Os Dame" group. ...

170. Avian flu forces Finland to cull 120,000 foxes and mink

Finland, Europe's leading producer of fox fur, has begun slaughtering 120,000 foxes and mink to stem an outbreak of avian flu that has hit fur farms, the authorities announced on Wednesday....

171. Croatia tops the list for summer escapes

Croatia has recently gained considerable popularity as a top holiday escape for tourists around the world, particularly attracting the interest of travellers coming from Britain....

172. Did Cyprus President really party during crisis?

During the summer of 2021, a photo of Nicos Anastasiades with Takis Zacharato and Angela Demetriou went viral for all the wrong reasons. It wasn't just how the leader of an otherwise serious state chose to have fun, but also the timing that made it so....

173. 39% reduction in fatal traffic collisions over 1.5 years, police say

Deputy Police Officer B and Assistant Director of the Traffic Police Headquarters Department, Harry Evripidou, has unveiled a remarkable achievement in Cyprus' road safety landscape....

174. Cyprus faces deceleration amid inflation and rising rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

175. Freedom and democracy under fire

During the past decade, while Greece and Cyprus faced economic collapse, many of us looked towards the countries of Northern Europe, admiring their achievements, especially in terms of the welfare state they had created for the benefit of all citizens. ...

176. BOC reports €220 million profit for first half of 2023

Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....

177. Border barbs: Former Minister takes on migration policies

Nikos Nouris, the former counterpart of Interior Minister Konstantinos Ioannou, didn't hold back in expressing his dissatisfaction with Ioannou's recent statements on the migration issue and the barbed wire along the green line. Speaking on "SPOR FM 95.0" and the program "DIASPORA NEWS," Nouris described Ioannou's view that the barbed wire could be politically dangerous as unfortunate, emphasizing that they must prevent the division of their country by any means necessary....

178. Trump faces indictment over 2020 election

Donald Trump was indicted on felony charges Tuesday for working to overturn the results of the 2020 election in the run-up to the violent riot by his supporters at the U.S. Capitol, with the Justice Department acting to hold him accountable for an unprecedented effort to block the peaceful transfer of presidential power and threaten American democracy....

179. Experts confront the menace of feline coronavirus

180. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...