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931. Washington targets Russian enablers in Cyprus

A US list further curbing Russia’s access to the international financial system through facilitators and their businesses includes Cypriot nationals and Cypriot businesses...

932. Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

933. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

934. Government casual staff up, permanent down 3.3%

Total government employment decreased by 3.3% in March 2023, compared to March 2022, according to data published by the Statistical Service on Tuesday. Total persons employed by the Government amounted to 1,778 and reached 52,103 persons...

935. Total of 126 asylum seekers in Cyprus sent to Germany

A total of 126 applicants for international protection, originating from Somalia, Afghanistan, Congo, Nigeria and Syria departed on Tuesday on the first chartered flight from Cyprus to Germany where they are being resettled....

936. Bookings for Cyprus-Piraeus route opens tomorrow

The booking system for the Cyprus – Piraeus route will open on Tuesday for those passengers who wish to travel to Greece by sea, Shipping Deputy Minister Marina Hadjimanolis said Monday....

937. 75.6% increase in motor vehicle registrations in March 2023

Total registrations of motor vehicles in March 2023 numbered 4,270, recording an increase of 75.6% compared to 2,431 in March 2022, according to the report entitled "Registration of Motor Vehicles" for the period January-March 2023, published by the Cyprus Statistical Service on Monday.Hi...

938. Houses for sale by AstroBank

Ideal as holiday homes, primary residences, or as an investment...

939. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....

940. January 2023 sees significant surge in building permits

The total value of building permits in January 2023 increased by 45.8%, compared to January 2022, according to data published by the Statistical Service on Friday. At the same time, the total area increased by 28.5%...

941. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

942. Cyprus’ Armenian rep calls on more countries to recognize

The Armenian religious representative in the Cypriot parliament told lawmakers on Thursday that the island’s support to his people has been 'invaluable' over the years, with the House observing a moment of silence for victims of the persecuted group during WWI...

943. Investors flock to 'green' bonds as a secure investment

944. Inside the high-stakes prosecution of a former president

Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...

945. Cyprus short-term rental bookings rebound in 2022, but still below 2019 levels

Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...

946. Private jet flights in Europe reach record high in 2022

A recent report from Greenspace on carbon dioxide emissions from private aviation in Europe has shown that private jet flights reached an all-time high in 2022, and emissions more than doubled compared to 2021....

947. Tourism revenue at €45.6 million in January

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism....

948. Young mother dies in brutal road accident

A young mother was killed in a road accident on Monday when her vehicle collided head on with a public bus, while her toddler survived the crash and was said to be in stable condition...

949. Cyprus to surpass 1 million people while EU population to decrease by 6% by 2100

According to the latest population projections issued by Eurostat, the statistical service of the EU, the population of the bloc will decrease by 6% between 1 January 2022 and 1 January 2100, equivalent to 27.3 million fewer people. The population of Cyprus on the other hand is expected to pass 1 million by 2100....

950. Cyprus' hourly labor costs below EU average at 19.4 euros

The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...

951. Completion of Project Starlight

952. Ministry of Labor building may not be structurally sound

The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...

953. Bank deposits increase by €357.1 million in February

Total deposits in February 2023 recorded a net increase of €357.1 million, compared with a net decrease of €583,8 million in January 2023....

954. Keravnos urges banks to restructure loans and keep rates low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

955. Saudi National Bank president resigns

The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....

956. More third country nationals repatriated last Friday

A total of 67 third-country nationals, who resided illegally in Cyprus, were repatriated on Friday, during two operations, the Police announced....

957. Hellish hooligan mayhem prompts new debate

A new hellish mayhem took place at a basketball game on Sunday in Nicosia, with hooligans turning the arena into a battlefield and police rejecting criticism and pointing the finger at a serious social problem...

958. Americans traveling to Europe for cheaper Beyonce tickets

American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....

959. Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

960. Sir Stelios awards 10 bi-communal teams once again

Sir Stelios Haji-Ioannou, founder and president of the Stelios Philanthropic Foundation, awarded 10 bi-communal teams, consisting of 10 Greek Cypriot and 10 Turkish Cypriot business people, who stood out in the “Stelios Bi-Communal Awards for Business Co-operation 2023”....