Search

2671. The Cyprus problem: Confronting the end of an era

I've said many times that the Cyprus problem effectively ended in 2017. Now, we're in a new phase that hasn't yet made clear if we're dealing with the ''ghost'' of a dead issue or the birth of a new reality. ...

2672. Chevron and partners propose $4 billion plan for Aphrodite gas field

Chevron and its partners, Shell and NewMed Energy, have put forward a new $4 billion plan to develop the Aphrodite gas field off Cyprus,...

2673. Cyprus homebuyers favor apartments

Homebuyers in Cyprus are showing a growing interest in buying apartments, according to a new report. ...

2674. Christodoulides backs Eurobank's big move into India

President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....

2675. AEGEAN announces a €25M Investment in Volotea

Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....

2676. Finally, a bit of a break from the oven!

Good news, folks—Mother Nature finally decided to sprinkle some relief on our sun-baked island! After weeks of feeling like we're living on the surface of the sun, a seasonal low-pressure system and some unstable air are bringing us a bit of that sweet, sweet rain. Get ready to embrace those cooler vibes!...

2677. Real Estate investment opportunities by AstroBank

AstroBank is selling a commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Limassol, Larnaca and Famagusta....

2678. Athens and Nicosia reach tentative agreement on energy project

According to a report by Kathimerini's Apostolos Tomaras, a tentative agreement between Athens and Nicosia, backed by the European Commission, has eased uncertainty surrounding a significant energy project. ...

2679. Cyprus sees higher borrowing costs, lower deposit rates in July

Interest rates on consumer loans and mortgages in Cyprus increased in July, according to the Central Bank of Cyprus (CBC). The rate for consumer credit climbed to 6.67% from 6.18% in June, while the rate for home loans rose to 4.59% from 4.52%....

2680. New test detects prostate cancer in 15 minutes

Researchers at Ashton University in Birmingham have developed a new diagnostic test that can detect prostate cancer in less than 15 minutes with up to 90% accuracy, offering a potentially faster and more reliable screening method....

2681. Cyprus, Greece break deadlock on Crete-Cyprus power link

Officials from Cyprus and Greece have reached an agreement in principle to resolve the impasse over the Crete-Cyprus electricity interconnection project....

2682. Ancient Cypriot settlement reveals child burial and early metallurgy

Excavations at the ancient Chalcolithic settlement of Chlorakas-Palloures in Cyprus have unveiled remarkable insights into life on the island 5,000 years ago,...

2683. Euro-Turkey relations, the Cyprus problem, and an intangible connection

On Thursday morning, High Representative Josep Borrell nearly overlooked mentioning the lunch discussion with Turkish Foreign Minister Hakan Fidan about Euro-Turkish relations at the informal EU foreign ministers' meeting....

2684. Banks in Cyprus contribute €1 million to install air conditioners in schools

Cyprus's major banks are stepping up to help install air conditioners in schools, contributing €1 million to the effort. The funds will be distributed equally among the School Boards of the country’s five provinces. ...

2685. Cyprus warns of severe water shortages due to climate change

Cyprus is sounding the alarm about the growing threat of water shortages in the Mediterranean region due to climate change. At a major meeting on Tuesday, Agriculture Minister Maria Panayiotou stressed that the country is a prime example of how serious the problem has become....

2686. Marios Demetriades: ''Truth and justice always prevail''

A lawsuit related to naturalizations under the Cyprus Investment Programme was filed on Friday at the Nicosia District Court, with former Minister of Transport, Communications, and Works, Marios Demetriades, among the defendants....

2687. The MyPetrolina App ''Drives'' You to Alphamega Hypermarkets!

2688. Cyprus-Crete energy link faces collapse amid political turmoil

The Cyprus-Crete electricity interconnection project, a critical initiative to integrate Cyprus into the European energy grid, is mired in political and economic controversy, threatening its future. ...

2689. Cyprus' Olympion joins leading K12 education group Globeducate

Globeducate announces the acquisition of Education Group OLYMPION School (Εκπαιδευτικός Όμιλος ΟΛΥΜΠΙΟΝ) near Nicosia in Cyprus, a group of Greek private schools with nearly 450 pupils aged 6 to 18 across Gymnasium, Lyceum and, from September 2024, Elementary stages....

2690. Israel faces mass strike amid anger over hostage deaths

A general strike threatened to shut down much of Israel on Monday as public anger erupted over the killing of six hostages in Gaza and frustration grew with Prime Minister Benjamin Netanyahu’s handling of the ongoing conflict with Hamas....

2691. Turkish Cypriots, Turkey denounce Netflix series 'Famagusta'

The Turkish Cypriot leadership and Turkey's Foreign Ministry have condemned Netflix's decision to stream the series "Famagusta," accusing it of distorting historical facts about the 1974 Turkish invasion of Cyprus....

2692. Hvaldimir, Norway's famous beluga whale, found dead

Hvaldimir, the well-known beluga whale in Norway, has been found dead, according to conservationists. Hvaldimir first gained attention in 2019 when he was spotted with a harness...

2693. Hellenic Bank's profits surge amid higher lending rates

Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....

2694. Cyprus' illusion of prosperity as unemployment numbers mask realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

2695. The fate of the Greece-Cyprus energy link hangs in the balance

This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....

2696. The ''will it ever cool down?'' edition

Good morning, Cyprus! The seasonal low pressure and an unstable air mass are doing their best impression of a confused tourist—wandering around, bringing the occasional surprise but mostly just trying to keep things interesting....

2697. Prosecutor orders urgent investigation into lake Karla fish deaths

Greece's top prosecutor, Georgia Adelini, has ordered an urgent investigation into the large number of dead fish found in Lake Karla, which flows into the Pagasitikos Gulf. ...

2698. Lioness saved from Ukraine's war begins new life in England

A lioness rescued from war-torn Ukraine has taken her first steps outside at The Big Cat Sanctuary in Kent. Three-year-old Yuna, who suffers from shell shock, arrived at the sanctuary in Smarden on August 17 and remained inside her enclosure for a week....

2699. Government revenue boosts Cyprus surplus to €702.5 million

The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....

2700. Fire risk escalates as winds reach up to 6 beaufort

The Forestry Department of the Ministry of Agriculture, Rural Development, and Environment has issued a warning about the heightened risk of forest fires due to very strong winds expected from Friday through Sunday....