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1381. UBS steps in to buy rival Credit Suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

1382. Macron under pressure as pension protests turn violent

French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....

1383. Video contradicts Moscow's version of events

The US Department of Defense released a video on Wednesday of a Russian Sukhoi Su-27 fighter jet attacking the US MQ-9 "Reaper" drone over the Black Sea, contradicting Moscow's claim that it had any contact with the drone....

1384. Deportation scheme agreed upon by EU interior ministers in secret

A report published by Statewatch and Heinrich Böll Stiftung has revealed that the European interior ministers signed a secret joint statement last year that committed EU/Schengen Area countries to increase financial as well as material support for deportations from the Balkans....

1385. President eager to resume talks with Tatar

The President of the Republic, Nikos Christodoulidis, met with UN Assistant Secretary-General for Political Affairs, Rosemary DiCarlo, at the Presidential Palace, where they discussed the need for negotiations to resume in order to achieve a bizonal bicommunal federation within the agreed framework. ...

1386. Russian fighter jet collides with US drone over Black Sea

A Russian fighter jet hit the propeller of a U.S. MQ-9 Reaper drone over the Black Sea on Tuesday, according to the U.S. European Command....

1387. EU Parliament votes to reduce member states’ emissions by 40%

Today, the European Parliament adopted the revision of the Effort Sharing Regulation with 486 votes in favor, 132 against, and 10 abstentions. ...

1388. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

1389. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

1390. Cypriot president 'plays safe' on first overseas trip

Cypriot President Nikos Christodoulides took a commercial flight to Athens on Sunday for his first trip overseas since taking office, with reports saying the presidential aircraft was grounded due to a minor mechanical problem...

1391. Finance minister calls on banks to delay foreclosures

The Finance Ministry is considering possible actions to tackle non-performing loans and is examining a set of measures aiming to address the issue, ...

1392. Kombos rules out Turkish proposals during Athens visit

Greece will continue to fully support the effort for a just and viable solution to the Cyprus problem, Greek Foreign Minister Nikos Dendias said after a meeting he held in Athens with Cyprus Foreign Minister Costantinos Kombos. The Cypriot FM noted in the joint statements after the meeting with Dendias, that no solution that will permanently divide the country nor a two-state solution will ever be accepted....

1393. Mr. Ioannou: In terms of migration, Cyprus has reached its limit

The first day of the Council of Ministers of Justice and Home Affairs meeting, which was attended by Mr. Constantinos Ioannou, Minister of Interior, has concluded, during which the Ministers of the 27 Member States had the opportunity to exchange views on the external dimension of migration as well as the internal management of migration flows....

1394. Foreclosure sales to restart after Parliamentary vote

The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....

1395. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

1396. Girls and women make up majority of domestic violence victims

The majority (75%) of victims of family violence, intimate partner violence and abuse of minors in Cyprus are girls and women, based on statistics by the Police Headquarters' Directorate for Vulnerable Persons Affairs....

1397. Russia suspicious of reports on Nord Stream culprits

US and German media reports that Ukrainians or pro-Ukrainians might have blown up the Nord Stream gas pipelines last year were taken with a grain of salt in Russia, with Moscow doubling down on calls for a UN-led investigation...

1398. Rail safety warnings fell on deaf ears since 2014, says ERA

The European Railway Agency (ERA) has been warning successive governments in Greece, as well as the European Commission, since at least 2014 about safety gaps in the Greek railway system, according to ERA head Josef Doppelbauer, speaking to Kathimerini in the wake of last week’s deadly collision at Tempe....

1399. Bad luck can't always be held responsible

“It was an unfortunate moment,” the stationmaster in the deadly train crash is said to have claimed. How many times has the inadequacy and failure of the broader Greek state mechanism been hidden behind such phrases? Sometimes it is blamed on “bad luck,” at others, it is dismissed with “That’s Greece.”...

1400. 'The right to quality treatment for all,' says Health Minister

Newly appointed Minister of Health Popi Kanari has said that if we let the General Healthcare System (GeSY) collapse, then the entire state will collapse, stressing that she is in favour of qualitative and quantitative controls to improve the system....

1401. Hate speech rampant in Cyprus despite progress

Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...

1402. Cypriot House Speaker calls out kompromat post

Cyprus Police announced extra security measures on Monday for the House Speaker and members of her family, following the emergence of allegations on social media regarding a drug arrest cover-up and fake news counter claims from the top legislator...

1403. Airlines and IATA to take legal action for flight reductions at Schiphol

The government of the Netherlands may be facing legal action related to their recent decision to reduce the number of annual flights at Amsterdam’s Schiphol Airport to 460,000 from November 2023, which is eight percent lower than the current flight cap....

1404. Cyprus asks for more assistance to stem Green Line flow

The Permanent Secretary of the Ministry of Interior Dr. Costas Constantinou requested during the informal Ministerial Meeting of the MED5 (Greece, Italy, Spain, Malta and Cyprus) the assistance of FRONTEX to limit the flow of irregular migrants from Turkey through the Green Line, while the issue of the Green Line was also included in the joint communiqué that was signed by the participants....

1405. Another 14 vultures arrive from Spain to supplement Cyprus' dwindling population

Another 14 vultures arrived in Cyprus from Spain on Thursday last week as part of a population-boosting action under The LIFE with Vultures project team....

1406. Tragedy in Tempe: What we know so far about Anastasia and Kyprianos

1407. Protests planned following fee increases at Larnaca Marina

According to the Cyprus Boat Owners Association, a protest event will be held on Sunday in response to the increases in boat mooring fees spearheaded by Kition Ocean Marina with the encouragement of the Ministry of Transport. ...

1408. 'Mismanagement, corruption and nepotism will not be tolerated'

Mismanagement, corruption, and nepotism will not be tolerated, and for the people who will be at the center of his administration, these were the two main issues that President of the Republic, Nikos Christodoulides addressed in his speech on Wednesday during the swearing-in ceremony of the new members of his government....

1409. Two individuals stripped of French nationalities for planning attacks

The government of France has stripped two dual nationals of their French nationality after it was found out that they were planning attacks....

1410. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....