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6391. 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....

6392. 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....

6393. Real estate investment opportunities by AstroBank

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

6394. 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. ...

6395. 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...

6396. 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....

6397. 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....

6398. Clocks in Cyprus spring forward this weekend

Residents in Cyprus will lose an hour of sleep after Daylight Saving Time goes into effect Sunday morning, with European officials and public opinion still divided on whether there is value in switching back and forth at all...

6399. Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

6400. Cyprus and Bahrain recommit to cooperation

The Cypriot consul in Bahrain has issued a statement about a series of meetings in Manama on bilateral cooperation, following a diplomatic incident and further steps by Nicosia to install an ambassador in the Kingdom...

6401. California: Use of police dogs to be curbed due to racial bias

The California Assembly's Public Safety Committee has approved a bill that would ban the use of police dogs for arrests, apprehensions and crowd control, apparently a first-in-the-country measure....

6402. Slight increase in fuel prices

A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...

6403. Protests continue as Macron stands firm on pension reform

French workers angry with President Emmanuel Macron and his plan to raise the pension age blocked access to a terminal at Paris' main airport on Thursday as part of a nationwide day of protests, forcing some travelers to get there on foot....

6404. US report: Harsh conditions in Cyprus prisons

The US State Department's Human Rights in Cyprus 2022 report highlights significant human rights issues in Cyprus. The report states that there were credible reports of harsh conditions in prisons and detention centers, particularly for asylum seekers....

6405. Marinas of the future with antiquated regulations

The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....

6406. Cliff death boyfriend walks free after police backtrack

A man who reported the cliff death of his girlfriend but became suspect based on a controversial forensic report walked free on Friday, after official results of a second autopsy rejected the investigators’ premeditated murder theory and stirred up debate on how Cyprus Police investigate cases...

6407. US report on Cyprus notes rise of antisemitism

A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...

6408. Employers and labor unions can't agree on COLA issue

Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK. ...

6409. High prices continue to plague the market

6410. Trains get back on track

Trains and the suburban rail service, which had stopped after the deadly accident in northern Greece on February 28, resume on Wednesday...

6411. Cyprus chips in as EU seeks quick ammo for Ukraine

The Republic of Cyprus has joined other EU member states as the European Defence Agency sought ways to procure ammunition for Ukraine, but ammo from Nicosia to Kiev is not expected any time soon...

6412. President travels to Brussels to attend European Council meeting

Cyprus President, Nikos Christodoulides, departs on Tuesday evening for Brussels, where he will attend the European Council meeting that will take place on March 23 and 24....

6413. Herodotus to banks on restructuring, interest rates and transparency in charges

The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....

6414. 'Officials' in the occupied side want no EU involvement in resolution

The refusal of the T/C side to accept EU involvement in the Cyprus problem was reiterated by the "Foreign Ministry" in a statement, saying "it is time to review our relations with the EU and try to bring them to a respectable level"....

6415. Unlikely supporters announce mutual support for international body bids

Following a meeting between Foreign Minister Nikos Dendias and his Turkish counterpart Mevlut Cavusoglu in Brussels, the two men announced that Ankara will vote for Greece’s candidacy in the elections for a non-permanent seat on the United Nations Security Council, while Athens will support Turkey for general-secretary of the International Maritime Organization...

6416. Nicosia scolds Budapest over Turkic summit faux pas

Cypriot newly-appointed Foreign Minister Constantinos Kombos warned his Hungarian counterpart this week that Nicosia would keep an eye on how Budapest carries forwards after a diplomatic faux pas involving a Turkish Cypriot delegation at a summit in Ankara...

6417. One in two Cypriots considers it easy to start a business

Approximately one in two Cypriots considers it easy to start a business in Cyprus, according to the Global Entrepreneurship Monitor (GEM) Cyprus Report 2021/2022...

6418. Austrian chancellor calls for 'very high' walls at EU borders

Austrian Chancellor Karl Nehammer has demanded that the EU external border should be fenced by a high wall in an effort to curb illegal migration as more refugees are coming to Europe....

6419. Ex-US president Trump expects to be arrested on Tuesday

Donald Trump says he expects to be arrested on Tuesday and has urged his supporters to launch mass protests....

6420. March continues to bring rain and dust

Rain and increased dust levels appear to be the weather forecast for the next few days. Panagiotis Georgiou, Meteorological Officer, told "K" that isolated localized showers are expected on Thursday and Friday, with the possibility of thunderstorms....