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871. Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl

Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....

872. RCB finalizes sale of its loan portfolio to Hellenic

RCB Bank Ltd announced that the sale of Tranche B of its performing loan portfolio to Hellenic Bank Public Company Ltd has been successfully completed....

873. Cyprus plays supporting role in LNG arena

After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....

874. Spanish airline Air Nostrum has just ordered a fleet of airships

As the quest for less environmentally damaging aviation continues, one Spanish airline has thrown its hat into the ring by ordering new hybrid airships -- which pack as much of a punch visually as they are said to do environmentally....

875. Switzerland to contribute 10 million euros to assist with increasing migration

The framework to implement the contribution of Switzerland to Cyprus, estimated at 10 million euros for the needs arising from the increasing migratory flows to the island was examined during a meeting on Thursday between Minister of Interior Nikos Nouris and Switzerland's ambassador to Cyprus, Pierre-Yves Fux....

876. 110,000 monkeypox vaccines set to be shipped to the EU

The European Union has reached an agreement for the purchase of 110,000 monkeypox vaccines, the Commissioner for Health and Food Safety, Stella Kyriakidou announced....

877. Athens wants arms for Ukraine out of public view

Greek Defense Minister Nikos Panagiotopoulos says he would ask the heads of the three branches of the Greek Armed Forces to contain recent disclosures in the media on the list of weapons that Greece may send to Ukraine, likening their information system to a 'swiss cheese'...

878. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

879. EU to implement one charger for all devices by 2024

In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....

880. Cyprus objects to airport designation in Turkish-occupied north

Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday....

881. Cyprus received 11,000 asylum applications in the first five months of 2022

Cyprus has received more than 11,000 asylum applications in the first five months of 2022, Interior Minister Nicos Nouris has said, noting that the first line EU-member-states, namely, Cyprus, Greece, Italy, Spain and Malta are estimated to receive 150,000 asylum seekers....

882. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

883. Turkish opposition backs Erdogan over Greek island claims

The Turkish opposition Republican People’s Party (CHP) has expressed its agreement with the recent government escalation vis-à-vis Greece and indicated that it would support President Recep Tayyip Erdogan if he decided to go through with a threat to challenge the sovereignty of Greek islands in the eastern Aegean....

884. Nicosia on the defense over ill-timed Israeli drill

Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...

885. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

886. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

887. Europe agrees to ban 90% of Russian oil

European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....

888. European unity tested as talks on Russian oil embargo drag on

Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....

889. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

890. Cyprus ready for monkeypox outbreak

Cyprus’ Health Ministry on Friday announced it has prepared protocols for monkeypox after the rising numbers of infections globally, since the beginning of May....

891. US seeking closer Greece ties to contain Turkey, analyst says

Turkey’s growing leverage as a regional power in the wake of Russia’s invasion of Ukraine has prompted the United States to strengthen ties with Greece as a means of containing Turkey, a local expert told state-run Anadolu agency in an analysis published on Friday....

892. Op-ed: Greece informs its allies and partners; Erdogan is irked

Recep Tayyip Erdogan expressed annoyance at “third parties” becoming involved in Greek-Turkish affairs. ...

893. Turkey 'not bluffing' over Greek islands

Greece must withdraw its military from the Aegean islands or Turkey “will take matters further,” Foreign Minister Mevlut Cavusoglu warned on Thursday, adding that Ankara is prepared to challenge their sovereignty....

894. EU's von der Leyen: LNG in Cyprus and Greece

European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....

895. Erdogan says he will no longer talk to Greek PM

Turkish President Recep Tayyip Erdogan said Monday he would cease talking to Greek Prime Minister Kyriakos Mitsotakis and cancel a key meeting between their two governments, accusing the Greek leader of antagonizing Turkey....

896. USA: Congress reacting to Turkish veto of Finland and Sweden joining NATO

US senators have questioned Turkey's credibility as a US ally, following Ankara's refusal to support Finland and Sweden in joining NATO....

897. Bank of Cyprus to reduce its employees by 500 in 2022

898. Ukrainian wounded fighters evacuate Azovstal

Both Kiev and Moscow have confirmed the evacuation of wounded Ukrainian troops from the Azovstal steel plant, following critical hours on Monday when a regime of silence had been imposed for the humanitarian corridor to be used...

899. Chinese embassy in Cyprus speaks out on extradition

The Chinese embassy in Cyprus has responded to reports in local media that accused Beijing of using scare tactics on the island to get a suspect extradited, with an official statement pointing to fake news and offering a different side to the story...

900. Greece wants US military presence in the north of the country

Athens wants an American military presence in Greece – and in the north of the country in particular – because this serves the national interest, Foreign Minister Nikos Dendias told lawmakers on Tuesday....