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721. Cyprus talks up imminent Chevron announcement

Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...

722. 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....

723. 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'...

724. King Constantine, former king of Greece - His relationship with Makarios and his involvement in Cyprus

725. 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...

726. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

727. 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. ...

728. 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....

729. 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....

730. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

731. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

732. Former Pope Benedict XVI dies

Pope Emeritus Benedict XVI, the shy German theologian who tried to reawaken Christianity in a secularized Europe but will forever be remembered as the first pontiff in 600 years to resign from the job, died Saturday...

733. Pele, Brazilian legend of the beautiful game, dies

Pele, the legendary Brazilian soccer player who rose from barefoot poverty to become one of the greatest and best-known athletes in modern history, died on Thursday at the age of 82...

734. Cyprus braces for credit ratings in 2023

The ratings will take place in a year marked by a projected economic slowdown, amid the continued uncertainty that clouds the economic outlook, due to high inflation and the energy crisis, fueled by the continuing war in Ukraine...

735. Nicosia scrambles to block north recognition

The Republic of Cyprus is scrambling to block the Turkish Cypriot administration from upgrading its status in the northern part of the divided island, with Greek Cypriot officials in the south confirming reports of new counter measures with diplomatic missions to countries including Gambia...

736. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

737. Stolen 8th century BC jug returned to Cyprus

A Cypriot jug from the 8th century BC that was offered for sale on the Dutch art market, and which appeared to have been smuggled out of Cyprus shortly after the Turkish invasion of the island in July 1974, was recently returned to the Republic of Cyprus....

738. Drug squad chief vindicated but not squeaky clean

An independent probe found no evidence of corruption against Cyprus’ drug squad chief, with the prison warden who accused him of illegal activities to undermine her demanding a transfer to another position...

739. €651.4 million of government surplus recorded until September 2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

740. Menendez: 'US needs to hold Erdogan accountable for his behavior'

Turkish President Erdogan should stop all overflights of Greece and withdraw every last Turkish soldier from Cyprus, Senate Foreign Relations Committee Chairman, Robert Menendez, said on Monday....

741. Russians flying to Cyprus get 'next best thing'

Moscow and Nicosia are growing further apart on travel between the two countries, prompting Russians living on both sides of the divided island to look for new routes through Turkey after rumors of direct flights in the north subsided due to the Cyprus Problem...

742. Cyprus on alert after first case of Strep A

The Republic of Cyprus announced on Monday its first case of Group A streptococcus, prompting officials to summon a physician from Israel to assess the medical condition of a little girl who is intubated in Nicosia...

743. KEDIPES disburses another €80 million to the state

The Board of Directors of the state-owned asset manager, KEDIPES, has decided to disburse another €80 million to state coffers for the fourth quarter of this year, with the amount paid to the state in 2022 reaching €310 million....

744. Fewer building permits were registered in September, down from August

Building permits issued in Cyprus in September marked a new annual reduction with the construction sector negatively affected by spikes in construction costs, amid uncertainty generated by the war in Ukraine....

745. Cyprus retail sector continues climb despite inflation

Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....

746. Cyprus to extend FTX EU license suspension

Cyprus’ securities regulator plans to extend the suspension of the license of FTX EU and will meet to discuss the matter next week, a spokesperson said on Tuesday...

747. Solon Kassinis has died

Solon Kasinis, a former DISY MP, passed away today at the age of 70....

748. €36 million loss so far reported by banks this year

The banking system reported a loss after tax of €36 million on a consolidated basis in the first nine months of 2022, compared to a profit of €22.54 million in the corresponding period of 2021....

749. Man faces sentence in 'unwanted sex' with minor

A criminal court in Larnaca has found a man guilty of having unwanted sex with a teenage girl, after prosecutors proved the offender had used Instagram for child grooming and rape...

750. 'I believe this is only the beginning,' says journalist who broke Qatargate story

Our online appointment was scheduled for 10:00 a.m. on Sunday. Louis Collard is a reporter for the Belgian newspaper Le Soir and one of three reporters who broke the story of QatarGate, one of the biggest corruption and illegal money scandals in recent years....