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1741. Drilling begins at Cronos-1 in Block 6 of Cyprus’ EEZ

Drilling works have started at "Cronos-1" within Block 6, of Cyprus’ exclusive economic zone, the Ministry of Energy announced on Monday....

1742. EC approves 890,000 euro scheme to support Cypriot halloumi makers

The European Commission has announced it has approved a state aid scheme worth a total of 890 thousand euros for halloumi producers, in the context of dealing with the economic effects of the coronavirus pandemic....

1743. A new billionaire nearly every day during the pandemic

Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. ...

1744. Cyprus exports up by 55% in Jan-Feb 2022

Total exports of goods to the EU Member States and to third countries in January - February 2022 increased by 55.2%, compared to the same period last year, according to the monthly report published by the Statistical Service of Cyprus. ...

1745. EU Energy Commissioner: 'Cyprus has enormous potential in terms of solar and wind energy production.'

In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....

1746. Bank of Cyprus posts net profit of €21 million in Q1

Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....

1747. Bank of Cyprus to reduce its employees by 500 in 2022

1748. Monkeypox: Dozens of suspected and confirmed cases in Europe and North America

Dozens of suspected and confirmed cases of monkeypox have been identified since early May in Europe and North America, raising fears that the disease, which is endemic to West Africa, could spread....

1749. Cyprus population up by 9.2% since 2011

The population in the government-controlled areas of Cyprus as of the 1st of October 2021 stands at 918,100, recording an increase of 9.2%, compared to the results of the Census of Population taken in 2011 which stood at 840,400, according to preliminary results published by the Statistical Service on Wednesday....

1750. Bioethics Committee in favor of euthanasia under strict guidelines

The Head of the Cyprus National Bioethics Committee Dr. Constantinos Fellas says that euthanasia could be introduced in society as long as it is not taking place unwillingly and that there has to be a strict framework of conditions in place....

1751. Greece experiencing significant staff shortages at hotels

Greek hotels are looking to fill 55,000 positions this summer, during what is expected to be a very busy season, according to hoteliers....

1752. More Ukraine fighters surrendering in Mariupol

Moscow said nearly 700 more Ukrainian fighters had surrendered in Russian-held Mariupol as it shored up a key gain in the south, while the United States became the latest Western country to reopen its embassy in Kyiv...

1753. Ukrainian wounded fighters evacuate Azovstal

Both Kiev and Moscow have confirmed the evacuation of wounded Ukrainian troops from the Azovstal steel plant, following critical hours on Monday when a regime of silence had been imposed for the humanitarian corridor to be used...

1754. FRONTEX: 57,800 illegal migrants have been detected at EU external borders

The number of illegal migrants detected at the EU borders by the standing corps officers of the European Border and Coast Guard Agency (Frontex) has spiked up in the four first months of 2022, compared to the same period last year....

1755. Eni-Total may start drilling in Cyprus this month

Cyprus Energy Minister Natasa Pilides said on Thursday that the Eni-Total joint venture’s next drilling in Cyprus’ exclusive economic zone will probably take place this month, as soon as the drilling rig concludes its work in Egypt....

1756. Three thousand bookings for Piraeus

The Daleela ferry will depart for the first time from the port of Limassol on Sunday, June 19 at 12 noon and will arrive at the port of Piraeus around 6 pm on Monday....

1757. A total of €438,000 worth of bounced checks were recorded for the month of April

A total of €438,000 worth of bounced checks were recorded for the month of April, according to data announced by the CBC on Wednesday....

1758. Trade deficit at €429 million in February and €729 million in March

The trade deficit in February amounted to €429 million, according to the final data on the month's trade published by the Statistical Service on Tuesday. Additionally, preliminary data from the Statistical Service show that the trade deficit for March 2022 reached €729 million....

1759. House President concerned over 'shocking' increase in sexual violence incidents

One in three women (33%) in the EU has suffered physical or sexual violence, according to the President of the House of Representatives Annita Demetriou, stressing that these numbers are "shocking and troubling."...

1760. More flights and more destinations from Larnaca and Paphos this summer

Hermes Airports unveiled its Summer 2022 flight schedule to/from Larnaca and Pafos airports marking the return of various connections to and from Cyprus....

1761. Frozen Russian reserves should be used to rebuild Ukraine

EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....

1762. Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs

Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs and travel all over Europe, ...

1763. WHO: Covid led to 15 million deaths globally, not the 5 million reported

Almost three times as many people have died as a result of Covid-19 as official data show, according to a new World Health Organization (WHO) report, the most comprehensive look at the true global toll of the pandemic so far....

1764. Lower interest rates on deposits and consumer loans

A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022....

1765. First ever publicly financed equity fund will benefit Cyprus startups

The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...

1766. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

1767. Cyprus to export natural gas by 2026, Energy Minister says

Cyprus is hoping to begin exporting its natural gas from the “Aphrodite” gas field by 2026, Minister of Energy, Commerce and Industry, Natasa Pilides, has said....

1768. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

1769. Zelensky warns of world food crisis as Russia blocks 4.5m tons of grain leaving Black Sea

The Russian army bombed a grain warehouse in Ukraine and tightened its blockade on Black Sea ports, sparking fears of a new global food crisis....

1770. Anastasiades: The protection of employees' rights is a priority

President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....