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601. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

602. Yachts & Co is the new dealer in Cyprus for Feretti Yachts, Riva, Pershing and Itama

603. The challenges in the field of mobility

To persuade voters that they are the most qualified, each candidate has delivered their election platforms, taken part in debates, and traveled the nation....

604. Is there a permanent American presence at the bases?

In an article published last Wednesday on the British website DeclassifiedUK, there is talk of broadening US presence - on a permanent basis - in the areas of the Sovereign British Bases (SBA) in Akrotiri. According to sources in the British Ministry of Defence, ...

605. Alpha Bank Cyprus Ltd: Mr. Miltos Michaelas as new CEO

The Board of Directors of Alpha Bank Cyprus Ltd, decided on the appointment of Mr. Miltos Michaelas to the position of CEO of Alpha Bank Cyprus Ltd....

606. Cyprus plays leading role in natural disaster research in the South Med

Today, a strategic project of particular significance for Cyprus was officially launched at the CERIDES Centre of Excellence of the European University Cyprus in the presence of Environment Commissioner Clelia Vassiliou. ...

607. Only one week left until the Cyprus presidential elections

With only one week until the February Presidential elections, candidates continued to deliver stump speeches at gatherings and meet with associations during the weekend. The issues they highlighted in their campaigns concerned issues in relation to the economy and the Cyprus problem, among others....

608. Anastasiades says Russia forced Cyprus to change

Cyprus’ commander-in-chief says Russia forced his country to adopt an EU stance against Moscow, in response to Russian criticism that suggested Europeans were toeing an American line against the Kremlin and Nicosia and Athens were suffering because of it...

609. Lavrov gives Greek reporter a mouthful after Cyprus question

A question asked by a Greek reporter was met with a long-drawn-out response from Russian Foreign Minister Sergey Lavrov, who suggested European leaders were 'hasty' in their support for Kiev including traditional friends Greece and Cyprus who followed American advice...

610. Electric charging points in Nicosia unveiled today

The promotion of electric vehicle charging infrastructure will create the green and sustainable cities and communities of tomorrow said the Minister of Transport, Communications and Works, Yiannis Karousos,...

611. Kadis: 'Akamas local plan to be implemented before the elections'

Today's Council of Ministers meeting will address the local plan for Akamas. An issue that remains a source of contention between the Ministries of Interior and Agriculture,...

612. Cavusoglu travels to US amid troubled ties

Turkey and the United States will aim to smooth out a series of disagreements between the NATO allies when the Turkish foreign minister visits Washington this week. But expectations that outstanding issues can be resolved are low....

613. EU: Increase of hazardous waste disposal since 2004

Despite EU action to reduce its waste output, the amount of hazardous waste generated in the European Union has continued to increase since 2004 according to the findings of a review published by the European Court of Auditors....

614. PWC survey: Seven out of ten CEOs are pessimistic about 2023

According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....

615. The country's digitization and other stories

We heard a lot and very little during this election. Lots of one-liners, 'cockfighting', insults, and histrionics. Nothing was said regarding the substance. ...

616. Pyrgos dig reveals industrial plant dating back to 2350 BC

From 2350 BC to 1850 BC, the Greek population of Pyrgos in Cyprus had a very important industrial building of about 4000 m2, where not only copper but also olive oil, perfume, medicines, textiles, paints, and wine were processed....

617. 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'...

618. Presidential debate: Boring, hilarious and chaotic but otherwise satisfactory

Averof Neophytou, Andreas Mavroyiannis, Nikos Christodoulides, Christos Christou, Achilleas Demetriades, Giorgos Kolokasidis, and Konstantinos Christofides clashed in another debate last night which was aired on TV stations Alpha, Ant1, Sigma, and Omega....

619. Dispute resolution services a more cost effective way to resolve issues

Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...

620. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

621. Lowest number of road deaths recorded in 2022

The Ministry of Transport, Communications and Works announced that 2022 was the year with the lowest number of road fatalities (37) with a decrease of 17.8%% compared to 2021....

622. Nicosia backs new Israeli foreign minister

Cypriot Foreign Minister Ioannis Kasoulides has congratulated his Israeli counterpart who took office this week ahead of anticipated big news in Israeli-Arab relations that do not leave Nicosia unaffected...

623. Cyprus signs up to more aid for Ukraine

Cyprus and Poland have signed an agreement to provide further humanitarian aid to Ukraine amounting to €300,000 for the purchase of electricity generators. Cyprus' humanitarian aid to Ukraine now exceeds €3 million...

624. Cyprus, India sign bilateral cooperation agreements

Bilateral cooperation agreements between the Republic of Cyprus and India were signed on Thursday at the Ministry of Foreign Affairs in Nicosia...

625. Eva Kaili: From city council to city prison

626. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

627. Cyprus airways unveils strategic plans, new routes

Cyprus Airways on Wednesday unveiled its five-year strategic plan announcing the expansion of is flight schedule to five new routes, namely Milan, Zurich, Prague, Basel, and Cairo...

628. Gatzke-Hellenic relations have returned to normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

629. Crypto world shaken as Europe arrests MEP

The arrest of MEP Eva Kaili on corruption charges involving a Gulf state has sparked media frenzy over the weekend, with Qatar refuting reports that the world cup host is involved while Belgian officials have not named the country that allegedly attempted to bribe the crypto ally...

630. EU Parliament VP suspended on serious corruption charges

The Belgian judiciary has arrested four people as part of an investigation into a corruption case involving bribery from Qatar, while two others have been released....