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3871. UNFICYP fails to stop illegal activities in buffer zone

The Ministry of Foreign Affairs in Cyprus has expressed serious concern over the United Nations Peacekeeping Force's (UNFICYP) failure to stop illegal activities taking place in a stadium located in the buffer zone in Nicosia, despite repeated representations by the ministry....

3872. Completion of Project Starlight

3873. Trump makes history: Former president indicted

Former U.S. President Donald Trump has been indicted by a Manhattan grand jury. This comes after years of investigations into his personal, political, and business dealings and an abrupt jolt to his bid to retake the White House. ...

3874. New Jersey and Cyprus armies tie the knot

Cyprus and US relations have never been stronger, Minister of Defence of the Republic of Cyprus Michalis Giorgallas has stressed during the signing ceremony of a State Partnership Program between the Republic of Cyprus and the New Jersey National Guard...

3875. Cyprus and Israel thankful for mutual support

The relations between Cyprus and Israel will flourish even more, Israeli Foreign Minister Eli Cohen who arrived Thursday on the island ahead of a tripartite meeting between Cyprus, Israel and Greece said, also noting that Cyprus is a safe place for Israelis...

3876. Eurostat: Cyprus 3rd highest percentage of foreign-born citizens

Eurostat, the statistical service of the European Union, has released data showing that Cyprus is one of the top countries in the EU for migration....

3877. Herodotou: 'European banking system in good health'

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

3878. Police investigate death in Chloraka apartment fire

A foreign man was found dead in an apartment in Chloraka on Wednesday, after neighbors reported a fire, but a preliminary investigation raised more questions than answers as to the cause of fire or time and manner of death...

3879. FinMin stresses importance of stable legislation for out-of-court auctions

The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....

3880. Exceptional residential plots available for sale by AstroBank

AstroBank has listed for sale residential plots in various areas of Cyprus like Paralimni, Strovolos and Peyia, that are ideal as an investment or private use....

3881. 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. ...

3882. Driver in double hit and run guilty of manslaughter

A man who was detained in a double hit and run fatality in December 2021 was found guilty of manslaughter on Wednesday, with Paphos police still unable to locate the first car that struck a local woman unconscious...

3883. Generative AI could automate 300mn jobs

According to a report in the Financial Times, Goldman Sachs has found that "generative" AI systems such as ChatGPT could lead to the automation of a quarter of the work done in the US and eurozone....

3884. Mossad helps Greece make terror arrests

Greek police said on Tuesday they had arrested two men suspected members of a group that was planning an attack against a Jewish restaurant in Athens, a case which Israel said was orchestrated from Iran...

3885. Woman gets half year in Russian knife attack

A Ukrainian woman in Cyprus who carried out a knife assault against a group of Russians last year has been sentenced to six months in prison on common assault after being acquitted on more serious charges of incitement to hatred and violence...

3886. Yousaf's victory in Scotland underscores the changing face of UK politics

When Humza Yousaf took his oath of allegiance in the Scottish parliament in 2016, he wore a gold embroidered sherwani – a traditional South Asian jacket – and a kilt....

3887. Gale force winds expected Wednesday morning

Today, after the dissipation of low clouds and fog in the morning, mostly clear weather is expected, though locally, increasing clouds may occur. In the afternoon, ...

3888. Nicosia clarifies position on Turkey’s bid to lead IMO

There will be no issue as regards the Republic of Cyprus' membership of the International Maritime Organization in the event that Turkey is elected as its Secretary-General, President Nikos Christodoulides said on Monday...

3889. 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....

3890. 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."...

3891. Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

3892. 'Mansion tax' introduced to help homeless Californians

Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....

3893. March Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

3894. 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....

3895. EC pushing Cyprus to pass home VAT bill or risk sanctions

Cyprus is currently facing a serious issue with the 5% VAT rate for first-time homeowners. The European Commission has issued a final warning to pass a bill that regulates the issue that has been ongoing since 2020....

3896. Real estate investment opportunities by AstroBank

Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...

3897. Tax evaders beware of what you post on social media

According to a report in the Sunday edition of realnews.gr, the Greek Government plans to identify hidden income earned by individuals and companies that conduct business online. ...

3898. Nicosia 'UN'enthusiastic about Greco-Turkish bids

Nicosia says a new effort by Greece and Turkey to improve their relations is positive, but Greek Cypriot officials have been less excited about Athens and Ankara supporting each other’s bids in the United Nations...

3899. Single EU work & residence permit for 3rd country nationals

The Members of the European Parliament’s Civil Liberties Committee have agreed today on a draft legislation that updates the way single work and residence permits for third-country nationals are issued....

3900. CBC estimates GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....