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4231. CBC: New loans drop by almost 50% in April

Cypriot banks granted 50% fewer loans this month in comparison to last month due to a sizeable reduction in new housing loans....

4232. Mykonos' DK Oyster Bar in legal hot seat for overcharging

Two American tourists are taking legal action against a Greek beach bar after it charged them more than £500 for two drinks and a plate of crab legs....

4233. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

4234. Thousands of young Europeans selected to travel throughout Europe for free

Nearly 754,000 people have applied to travel and visit Europe through DiscoverEU, the integrated program of Erasmus+, has revealed....

4235. Truck driver dies in mountain road accident

A truck driver transporting bottled water in rural Limassol was killed on Friday when he failed to negotiate a curve on a mountain road exactly where other road fatalities took place in the past...

4236. Global IPO market experiences significant slowdown in Q1 2022

4237. Britain celebrates 70 years of Queen Elizabeth's reign

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne....

4238. 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....

4239. 885,000 passengers passed through Larnaka and Pafos airports in May

According to a press release by Hermes Airports, passenger traffic in May is at 78.3% of the corresponding month of 2019, a year in which a record passenger traffic was recorded at Larnaka and Pafos airports....

4240. 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...

4241. Australia’s High Commissioner visits Minthis

Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...

4242. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

4243. 'Mutually beneficial' CBMs rejected by Tatar

Government Spokesman Marios Pelekanos stated today that a proposal by Cyprus President, Nicos Anastasiades, on a package of Confidence Building Measures (CBM) is mutually beneficial and promotes a positive climate for the resumption of Cyprus talks....

4244. Cyprus' unemployment rate down from 8.4% to 5.4% compared to last year

The seasonally-adjusted unemployment rate in Cyprus reached 5.4% in April 2022, decreasing from 5.8% last month and from 8.4% in April 2021, according to figures published by Eurostat, the statistical office of the European Union....

4245. Industrial prices soar by 19.5% in Cyprus

Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....

4246. Europol sex trafficking probe lands Cypriot farmer in prison

An elderly farmer in Cyprus was sentenced to ten years behind bars in a sexual exploitation case, after a joint law enforcement operation with Europol led to the discovery of at least two victims in the island’s agricultural sector...

4247. Man sentenced for beach rape in Ayia Napa

A man in Cyprus has been sentenced to prison on rape charges after a young woman last year told police she was molested in the water in broad daylight near a beach bar in Ayia Napa...

4248. 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....

4249. European cities are turning rooftops into community and sustainability hubs

Across Europe, intrepid artists, planners, and architects are transforming the flat, grey rooftops of the continent into lively community hubs....

4250. Government to grant one-time subsidy for children's tuition

During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...

4251. Awards for Lidl Cyprus Human Resources Department

Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...

4252. 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....

4253. 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....

4254. Greece planning major wall extension on border with Turkey

Greek authorities say they are planning a major extension of a wall along the country’s border with Turkey and are seeking European Union financial support for the additional construction....

4255. 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....

4256. NYT: Deep in Vatican Archives, Scholar Discovers 'Flabbergasting' Secrets

David Kertzer put down his cappuccino, put on his backpack, and went digging for more Vatican secrets....

4257. Op-ed: Three years after the start of GESY, we look back at the vision and the challenges

In a few days, it will be three years since the implementation of the General Health System (GESY) in Cyprus, the largest reform ever carried out in the country....

4258. 103 million euros in support measures for vulnerable households

Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine....

4259. Woman says bishop sexually assaulted her as a teen

Former Kition bishop Chrysostomos is facing more sexual assault charges after his acquittal in a rape case last year, with a new female accuser saying he assaulted her when she was seeking orphan aid from the church at the age of 16...

4260. French journalist killed in Ukraine

Paris has called for a full and transparent investigation into the death of a French journalist in Ukraine, after reports surrounding an attack on his convoy remained unclear...