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1051. Cypriot House Speaker calls out kompromat post

Cyprus Police announced extra security measures on Monday for the House Speaker and members of her family, following the emergence of allegations on social media regarding a drug arrest cover-up and fake news counter claims from the top legislator...

1052. CBC: Number of bounced checks increase in February

A total of 38 bounced cheques have been registered in the Central Information Registry (CIR) for dishonored cheques in February, compared with 23 in January, the Central Bank of Cyprus (CBC) said on Monday....

1053. President cancels order for state vehicles

The government has withdrawn the request pending before the parliamentary finance committee for the purchase of vehicles for state officials, the parliamentary finance committee said....

1054. Lower deposit and mortgage interest rates

The interest rates for household deposits and housing loans slightly decreased in January, while interest rates for non-financial corporations increased, according to data published by the Central Bank of Cyprus on Friday. These statistics are included in the February 2023 Monetary and Financial Statistics edition....

1055. Reduction of electricity costs a priority, says new Energy Minister

One of the first priorities of the new administration will be to reduce the cost of electricity, in order to help the industry and the economy reach the potential “they deserve”, new Minister of Energy, Commerce and Industry Giorgos Papanastasiou said on Wednesday....

1056. Two Cypriots missing in Greece's worst railway disaster in years

The collision between two trains late Tuesday night in Tempe has turned into a national tragedy, according to official Fire Department information, with the death toll reaching 36....

1057. Government surplus of €609.5 million for 2022

General Government preliminary fiscal results published by the Statistical Service of Cyprus on Tuesday indicate a surplus of €609.5 mn, equal to 2.3% of GDP, for the period of January-December 2022, compared to a deficit of €402.8 mn or 1.7% of GDP, that was recorded during the period of January-December 2021....

1058. Two individuals stripped of French nationalities for planning attacks

The government of France has stripped two dual nationals of their French nationality after it was found out that they were planning attacks....

1059. CBC: Deposits and loans decreased in January

Deposits and loans recorded a net decrease this January, according to data published by the Central Bank of Cyprus on Tuesday....

1060. Get ready to see lots of kites today this Green Monday

In the Greek Orthodox Church, Kathara Deftera (Clean Monday) is the first day of Great Lent....

1061. Cyprus joins UN members calling on Russia to pull out

Cyprus joined a majority of UN nations that called for Russia’s immediate withdrawal from Ukraine, with Nicosia saying it had no other option due to its European orientation...

1062. Germany turns to foreign and migrant workers to fill positions

Germany has decided to turn to migrants as well as foreigners to try and fill job positions as the country continues to face a growing crisis....

1063. How will airport traffic fare this year?

Passenger traffic at Cypriot airports is expected to return to 2019 levels this year. According to current data, passenger traffic will reach at least 96% of what it was in 2019 and may even exceed it. ...

1064. EIB financed €250 million worth of green projects in Cyprus

The European Investment Bank (EIB) reported on Wednesday on its strong engagement in Cyprus for 2022, with new financing signed reaching a total of €250 million, all of which was invested in green projects....

1065. Work begins on jetty for mooring FSRU in Cyprus

Work for the construction of a jetty, as part of the LNG Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun...

1066. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

1067. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

1068. Ayia Napa Marina: Delivery of luxury homes begins with Beach Villa 6

Ayia Napa Marina, the iconic award-winning mixed-use development, has officially begun delivery of its luxury villas, with Beach Villa 6 already handed over to its owner. ...

1069. 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....

1070. Mr. Kadis: 'The goal is to recycle 70% of construction and demolition waste'

Agriculture Minister Costas Kadis stated in his address at the "Workshop for the presentation of an innovative robotic method of separating waste from construction and demolition" that the goal is for at least 70% of the waste generated from construction and demolition to be recycled....

1071. 1,172 repatriations of third country nationals conducted in January

A total of 1,172 returns of third-country nationals to their countries of origin took place in January, Interior Minister Nikos Nouris said on Friday....

1072. Cyprus ranked 16th out of 85 countries in living kidney donations

Cyprus ranks 16th on kidney donations from a living donor, out of a total of 85 countries that provided data, Minister of Health, Michalis Hatzipantela said on Friday....

1073. Lidl Cyprus proceeds with raises and benefits amounting up to €900,000 for its 700 employees

It proves in practice, once again, its dedication and continuous investment in its people....

1074. Is Europe ready to accommodate older travelers?

As the world’s population is growing older, the tourism industry will have to adjust, meaning that tourism should be more accessible and inclusive for this category of travelers....

1075. Island remembers camps for Holocaust survivors

Cyprus and Israel commemorated on Thursday the 74th anniversary of the closure of the concentration camps for Jewish refugees and Holocaust survivors, who fled Europe after World War II for Israel...

1076. Plans to upgrade hotels in the mountains and countryside are underway

1077. All new city buses in the EU to have zero emissions by 2030

The Commission of the European Union has presented a plan through which it requires new buses operating within the bloc to have zero emissions by the year 2030....

1078. PwC: 5.2 billion in real estate transactions in 2022

Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...

1079. The 'Baby Grant' continues: Amounts and Benefits

It is still possible to receive the "Baby Grant" which is a subsidy of 1,750 euros given to eligible recipients and includes supplies such as furniture, linens, items for personal hygiene and care, and clothing for up to two years....

1080. Rescuers work through night as hopes fade for survivors

Rescuers worked through the night to rescue people clinging to life beneath the rubble eight days after Turkey's worst earthquake in modern history but hopes of finding many more survivors were fading on Tuesday...