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3571. Cyprus' GDP soars: 3.4% growth in Q1 2023

Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....

3572. EC urges Cyprus to comply with EU VAT rules for homes

The European Commission has called on Cyprus to comply with EU VAT rules for dwellings by sending a reasoned opinion to the country, included in the Commission’s June infringements package. ...

3573. Child deaths in Khartoum orphanage amid Sudan conflict

At least 60 infants, toddlers, and older children perished over the past six weeks while trapped in harrowing conditions in an orphanage in Sudan’s capital as fighting raged outside....

3574. Unsettled conditions and elevated dust levels persist

The prevailing unstable weather conditions in Cyprus show no signs of subsiding, according to Kleanthis Nicolaides, the Director of the Meteorological Service, in an interview with K. ...

3575. Local home buyers feel priced out in divided Cyprus

Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...

3576. Another senator on board with F35 deal for Greeks

US Senator Jim Risch, the top Republican on the Senate Committee on Foreign Relations, has approved the sale of Lockheed Martin Corp’s F-35 fighter jets to Greece, adding the last signature needed before the deal can go through, Hellas Journal reported on Thursday...

3577. Cabinet approves tax deductions for businesses and extends tax payment deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

3578. Ayia Napa marina expands with exciting new additions

Ayia Napa Marina, renowned as the island's premier entertainment hotspot, is set to enhance its offerings with the addition of selected stores and brands in the shopping zone. The new establishments, expected to open in June, aim to provide visitors with even more choices to satisfy their every need and taste....

3579. Why are food prices so high in Europe?

It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....

3580. Cyprus unemployment higher than EU average

In 2022, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to data released by Eurostat, the statistical service of the EU, with data recording a large variation across the EU’s NUTS 2 regions. The unemployment rate among the young was also above the EU average in Cyprus....

3581. Illegal bird trafficking ring busted

An illegal wild bird trafficking ring was dismantled after a joint collaboration between the Game and Wildlife Service and Police....

3582. Menendez wants change from Turkey before F-16 approval

A senior US senator who has long opposed the potential sale of F-16 fighter jets to Turkey said on Tuesday he wants Turkish President Tayyip Erdogan to take a 'less belligerent stance toward NATO allies and Turkey’s neighbors before lifting his opposition to the deal...

3583. Luxury villas for sale by AstroBank

3584. Cyprus’ City of Dreams keeps union stewards at bay

Cyprus’ City of Dreams, Europe’s largest integrated casino resort, is moving ahead with plans this year to welcome guests with open arms, but union officials are not among them...

3585. Kontides clinches gold at North Sea Regatta 2023

Pavlos Kontides, the Cypriot sailor, emerged victorious with a gold medal at the North Sea Regatta 2023 held in Scheveningen from 26th to 28th May, the same venue where the World Sailing Championships will be hosted in August....

3586. From 25% to 5% smoking rate by 2040, says Kyriakides

Health and Food Safety Commissioner Stella Kyriakides, in a prelude to World No Tobacco Day on May 31, emphasized the Commission's ambitious objective of reducing smoking from 25% to a mere 5% of the population by 2040 in her written message....

3587. Cyprus transforms into wintry wonderland with rain and hail

On Tuesday (30/05), Cyprus experienced a sudden change in weather with heavy rainfall and hail across the island, creating a wintry scene. The Met Office has issued a yellow warning for severe thunderstorms, attributing the unstable air mass as the cause....

3588. Cyprus sees decline in total deposits and loans

Total deposits in April 2023 recorded a net decrease of €173.3 million, compared with a net increase of €59.8 million in March 2023, the Central Bank of Cyprus said in a press release....

3589. Corruption? On the island of saints?

The millions - some say billions - that we lost as a state due to the corruption of various officials are not enough. Now we will have to pay additional funds to bring in "esteemed legal experts" from abroad - specifically from Great Britain - to assist in the investigations. Clearly, we are rapidly heading back to an era where corruption was limited, somewhere around 1950....

3590. A whirlwind of showers, thunderstorms and rising temperatures

The weather for today will begin with clear skies, but as the afternoon progresses, expect the development of clouds leading to local showers and isolated thunderstorms, primarily in the mountains, inland areas, and the northern region....

3591. Ankara, Cairo waste no time after Erdogan prevails

Egypt President Abdel Fattah al-Sisi and Turkish President Recep Tayyip Erdogan agreed on 'the immediate start of upgrading diplomatic relations, exchanging ambassadors,' Egypt's presidency said in a statement on Monday...

3592. Cyprus ranks low in unmet medical needs for children, but dental care concerns arise

Cyprus stands out as one of the countries with the lowest rates of children under 16 living in households with unmet medical needs, according to recent data released by Eurostat, the statistical service of the EU. However, when it comes to unmet dental care needs, Cyprus slightly exceeds the EU average....

3593. From intermittent clouds to dust, what's in store for the week ahead?

Today's weather will be characterized by intermittent cloud cover, initially appearing in the western and northern regions and later extending to the mountains and interior areas....

3594. EC challenges 5% VAT proposal for primary residences

Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....

3595. Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

3596. US ambassador praises Cyprus on sanctions

US Ambassador Julie Fisher is dismissing claims that Washington is using arm-twisting tactics in Nicosia for sanctioning companies on the island, while pointing out Cypriot government statements are in line with the EU’s transatlantic consensus on Russia’s war in Ukraine...

3597. Eva Kaili awaits parliamentary return amid corruption probe

Greek MEP Eva Kaili, one the main suspects in a cash-for-influence corruption probe at the European Parliament, will seek to return to her parliamentary duties next week, her lawyer has said....

3598. Energizing surprise: Abundance of energy sends prices plummeting in Finland

Finland was dealing with an unusual problem on Wednesday: clean electricity that was so abundant it sent energy prices into the negative....

3599. Killer whales are deliberately hitting and sinking boats

Researchers believe killer whales are deliberately hitting boats, causing some to sink, following a string of incidents off the southwestern tip of Europe....

3600. Clear skies, clouds, and gentle showers this weekend

Today, as the dissipation of local low clouds takes place, the weather will soon transition to predominantly clear skies. However, later in the day, localized cloud cover will increase, leading to isolated rainfall occurrences, primarily in mountainous areas....