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421. Potato harvests increase in 2023 but long-term decline persists

Cyprus witnessed a modest increase in potato production in 2023, with 95,000 tonnes harvested, marking a 5.6% rise from the previous year, according to recent data from Eurostat, the European Union's statistical office....

422. Limassol man duped out of €30,000 in cryptocurrency scam

423. Eurobank completes takeover of Hellenic Bank

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...

424. Government rolls out €400 laptop grants for middle school students

Following the President's announcement of the "At Every Start, Together" initiative aimed at supporting students at the beginning of the new school year and easing family......

425. Central Bank revises GDP growth to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

426. Cyprus non-cash payment value hits €129 billion

Non cash payments in Cyprus in the second half of 2023 rose by 12% year on year to €129 billion with total transactions amounting to 152 million marking an annual increase of 15%, the Central Bank of Cyprus (CBC) has said....

427. Tatar: ''No common ground for trilateral meeting''

In a recent statement, Turkish Cypriot leader Ersin Tatar asserted that he has not received an official invitation for a trilateral meeting with UN Secretary-General Antonio Guterres and President of the Republic Nicos Christodoulides. Tatar emphasized that there is no common ground or necessary conditions for such a meeting....

428. Two suspects in Limassol double murder remanded for 8 days

Two men, aged 19 and 23, were remanded for eight days on Friday in connection with a double murder investigation. ...

429. Bank of England cuts interest rates after nearly a year of stability

The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....

430. Larnaca Marina gets €30M upgrade, port project postponed

The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....

431. Record surge in olive oil fraud amid rising prices of 'liquid gold'

The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....

432. Vasilikos: Cyprus political figures and public officials to be summoned

The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....

433. EU probes Vasilikos terminal over misuse of funds

The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...

434. EU Prosecutor probes Vasilikos LNG project for fraud

The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption. ...

435. Philippine tanker sinks, spilling 1,500 tons of fuel

A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers searched for a missing crew member, officials said....

436. Allegations surface in parody account controversy

Chrysanthos Tsouroulis, CEO of DIAS Media Group and SIGMA TV, has alleged that George Petrides is behind the parody account ''Jho Low o Proedrikos Vaptistikos.'' This claim, which surfaced on Tuesday, has ignited controversy and speculation. ...

437. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

438. Supreme Court stands firm, guarantors must pay €30K loan debt

In a unanimous decision, the Supreme Court of Cyprus has dismissed the appeal of two individuals contesting a ruling by the Paphos District Court, which held them liable for €30,244.32 plus interest and costs, as guarantors of a business loan granted by Laiki Bank in 2002....

439. Online travel booking scams skyrocket

Scams involving online booking platforms have exploded over the past 18 months, with fraudsters increasingly targeting tourists, according to a report by Kathimerini.gr....

440. Financial education in Cyprus schools after Metamax scandal

The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...

441. Cyprus grapples with displacement 50 years after Turkish invasion

The violent displacement of tens of thousands of Cypriots following the Turkish invasion in July 1974 remains a festering wound for Cyprus....

442. Cyprus' political failure 50 years on

The 20th of July will mark the day the Turkish Army invaded and occupied 40% of the island of Cyprus. Greece’s Prime Minister Mitsotakis, dignitaries and other heads of state will be welcomed as guests by President Christodoulides to commemorate that historical dark event but to also make the customary petty speeches aimed to tickle people’s ears....

443. Over 1.65 million visitors mark a 2.4% increase in Cyprus tourism

Tourist arrivals in Cyprus surged past 1.65 million in the first half of 2024, marking a 2.4% increase from the previous year, according to the Statistical Service of Cyprus (CyStat). The influx of visitors in June, the start of the summer season, rose by 5.5% compared to June 2023....

444. Maronites' land claims challenged in occupied territories

In a recent commentary published by Belgin Demirel in Avrupa, concerns have been raised regarding property rights of Maronites in Northern Cyprus....

445. Yet another delay in Nicosia perimeter road triggers daily penalties for CyField

CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...

446. Trump's new campaign ad features assassination attempt

In a bold move, former President Donald Trump's new campaign ad includes dramatic moments from his recent assassination attempt, triggering a wave of conspiracy theories across social media platforms....

447. Man wanted in 'Metamax' scam surrenders to police

A 63-year-old man wanted in connection with the "Metamax" pyramid scam has surrendered to authorities and is currently under interrogation, according to police sources. ...

448. Gunman acted alone in Trump rally attack, FBI says

A 20-year-old man who attempted to assassinate former President Donald Trump at a rally on Saturday first drew attention from law enforcement when spectators noticed him acting strangely outside the event....

449. Cyprus faces financial hit as Chinese consortium exits energy project

Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....

450. Cyprus tourism faces €25 million Hit

The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...