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91. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

92. Unlimited data dominates in mobile telephony contracts

In the first half of 2023, over 50% of mobile phone contracts now offer unlimited voice, SMS, and data, highlighting the growing importance of data in these contracts. ...

93. Big on big issues and small on small issues

Are you tired of scrolling and reading throughout long and multiple pages filled with every single detail of each accounting policy your entity of interest is using the last couple of years, only to find what really matters for you in page 25? Don’t get me wrong! I do that for living....

94. Apartment sales in Nicosia dominate in Q2

In the second quarter of this year, Nicosia's property market showed a significant preference for apartments, offering insights into future housing trends, according to Ask Wire data....

95. Tourism revenue soars to just over €1 billion in first half of 2023

Tourism revenue in Cyprus has seen a remarkable surge in the first half of this year. The latest data from the Statistical Service of Cyprus (Cystat) reveals that revenue from tourism amounted to a staggering €1.09 billion. ...

96. Fueling futures: Scholarships in energy studies await!

Following the Ministry of Energy, Commerce, and Industry's announcement regarding scholarships for studies related to Hydrocarbons (Natural Gas and Oil), Renewable Energy Sources (RES), and Energy Transition,...

97. Cyprus sees sharp drop in asylum applications

Cyprus has witnessed a significant decline in new asylum applications from non-EU countries, according to recently released data from Eurostat, the EU's statistical service....

98. Reddit's aroma awards for the 20 most odorous countries

In this article, we will take a look at the 20 countries with the worst body odor according to Reddit....

99. KEPA's free workshops to lead the way

In an era dominated by digital advancements, the Center for Productivity (KEPA), in collaboration with the Ministry of Labor and Social Insurance and the Deputy Ministry of Research, Innovation, and Digital Policy, is set to launch an array of free training programs aimed at enhancing digital skills across all age groups....

100. Stolen luxury watches valued over $1.3 billion

Luxury watches valued at over $1.3 billion have been reported as stolen or lost, and their number is rising due to increased resale prices in the secondary market....

101. Steady COVID-19 cases at 1,000 weekly, health official reports

The Director of Medical Services at the Ministry of Health, Elizabeth Constantinou, revealed that the number of new coronavirus cases in Cyprus maintains stability, averaging around 1,000 cases weekly. ...

102. Sweet success as Cyprus' ice cream exports trend upward

Ice cream exports from Cyprus to non-EU countries have been increasing in the past four years, but remained far from quantities exported in previous years, while at the same time, imports from non-EU countries have been reducing, according to data released by Eurostat, the statistical service of the EU....

103. One in six faces poverty or social exclusion

One in six individuals, equivalent to 150,000 people, faced the risk of poverty or social exclusion in Cyprus during 2022, as revealed by the findings of the 2022 Survey on Income and Living Conditions. ...

104. Russian consular services in occupied areas stirs debate

In April 2022, when K reported that Russia was planning to establish permanent consular services for Russian citizens residing in the occupied territories, both Moscow and the Russian Federation's delegation to the European Union denied the publication,...

105. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

106. CEO of Hellenic Bank placed on leave

The Hellenic Bank's CEO, Oliver Gatzke, has been placed on mandatory leave with full pay after informing the bank of his decision to terminate his employment contract, effective from July 22, 2024, when the contract was due to expire....

107. ACI world's top 10 European airports that never sleep

Airports Council International (ACI World) has published the latest World Airport Traffic Dataset, revealing the top European airports that have experienced the most traffic out of 2,600 airports across more than 180 countries....

108. Portugal busts criminal migration network

A total of 110 officers from the Portuguese Criminal Police (PJ), together with 12 Service of Foreigners and Borders (SEF) and authorities from other countries, have been leading a crackdown on a criminal network considered responsible for the free movement in Europe of a large number of migrants in an irregular way....

109. Cyprus tourism soars by 22 percent in June

In a significant boost to Cyprus' tourism sector, the country experienced a surge of 22.7% in tourist arrivals during June 2023, compared to the same month the previous year. The Statistical Service of Cyprus released the latest data, revealing that a total of 456,985 visitors flocked to the island in June, surpassing the 372,324 arrivals recorded in June 2022....

110. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

111. A disturbing surge in incidents reported to helpline 1480

Incidents reported to Helpline 1480 during the second quarter of 2023 have seen a notable increase of 47.97% compared to the same period in 2022, according to statistics released by the Ministry of Education on Wednesday....

112. Total loans increase by €71 million, reaching €24.4 billion

Non-performing loans decreased by €105 million end of March 2023, compared to the end of December 2022, reaching €2.2 billion, according to data published by the Central Bank of Cyprus on Tuesday. ...

113. $280B lost in fraud and mismanagement of US Covid relief aid

A recent investigation conducted by the Associated Press has exposed a rampant wave of fraud and mismanagement in the distribution of federal COVID-19 relief aid in the United States....

114. Coffee Island and Coffe-Eco turn coffee waste into gold

Coffee Island and Coffe-Eco are creating the first industrial unit in Southern Europe to process and reuse espresso coffee residue for creating new products in Patra....

115. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

116. 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....

117. 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....

118. 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....

119. Cyprus leads in new asylum applicants per population, but overall numbers decrease

Cyprus had the highest rate of new applicants for asylum compared to its population in February 2023, according to data released by Eurostat, the statistical service of the EU. At the same time, however, new asylum applications have significantly reduced compared to last year....

120. Sanctions have exposed our hypocrisy

The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...