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751. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

752. 'O Captain, My Captain!', says Averof to Nikos

When the poet Walt Whitman wrote the famous poem "O captain! My captain" in 1865, he was thinking of Abraham Lincoln as the "helmsman" and the American state as the ship that anchored safely in Lincoln's hands....

753. The new Limassol-Piraeus schedule will be available soon

The new schedule for the Cyprus-Greece sea link is expected to be announced within the next week, or by early March at the latest. As "K" has been informed, ...

754. Condemned nursing home left to operate for years

Despite a report submitted by the Greek Ombudsman listing a series of serious failings in the operation of a condemned nursing home in the Piraeus suburb of Keratsini and orders for its closure dating back three years, the facility continued to operate and take in new patients....

755. France to be first country in the world to introduce 'porn passports'

France is set to introduce 'porn passports' to prove a person is over 18 while accessing sex websites - in a world first that aims to prevent children from viewing explicit material....

756. Thanasis' family to file criminal charges in connection with his death

The family of National Guardsman Thanasis Nikolaou will take action to enable criminal prosecutions and lawsuits after consulting with their attorneys....

757. Which names are being floated for the position of Finance Minister?

The new ministerial team will be assembled beginning Monday, February 13. Nicos Christodoulides and Andreas Mavroyiannis, the two candidates for the Presidency of the Republic of Cyprus, will bring in new faces to staff their Ministries....

758. Nearly 60 million euros in electricity subsidies doled out since September 2022

759. CBC: Household debt at 77% of GDP

The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...

760. Cyprus appeals use of BBQLOUMI and GRILLOUMI

The General Court of the European Union is expected to decide in April or May on two appeals submitted by the Foundation for the Protection of the Traditional Cheese named Halloumi against the use of word marks BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden, according to a press release by the Luxembourg-based Court of the EU....

761. Cyprus honors Greek families who sheltered Cypriot children after 1974 invasion

A memorial plaque was unveiled on Tuesday at Limassol port in Cyprus to honor the Greek families which provided accommodation to thousands of children from Cyprus right after the 1974 Turkish invasion of the island....

762. Ukraine: Resignations abound amid corruption allegations

Ukraine's leadership appears to be in disarray, with corruption allegations, resignations of close associates of President Volodymyr Zelensky, and the president himself undergoing a wide-ranging reshuffle of his government staff....

763. Sex ed to be introduced in schools by September

Sex education will be introduced in an institutionalized and comprehensive manner beginning in September, covering all levels from pre-primary to third high school. ...

764. Michael Kyprianou & Co LLC – New partner announcement: Constantina Zantira

New partner announcement: Constantina Zantira...

765. 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...

766. 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....

767. 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'...

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

769. 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...

770. 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,...

771. 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. ...

772. 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....

773. 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....

774. 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....

775. 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...

776. 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...

777. 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...

778. 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...

779. 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...

780. 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 ...