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451. President acknowledges hiring mistakes: Promises reforms for transparency

President Nicos Christodoulides has acknowledged errors in the hiring process of advisers within the Presidency and ministries. Addressing the issue of hiring a consultant at the Deputy Ministry of Culture during his statements in Larnaca,...

452. Kyriakides and Becerra: EU and US establish joint health task force

453. Cheers to the 14th Cyprus wine competition - A toast to wine lovers everywhere!

Get ready to raise your glasses as the 14th Cyprus Wine Competition, a testament to the nation's devotion to the wine sector, is just around the corner! From May 22 to May 26, 2023, Cyprus will host a vibrant extravaganza dedicated to the art of winemaking, attracting wine aficionados from far and wide....

454. Cyprus banks' strict adherence to sanctions worries legitimate entities

Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....

455. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

456. Cyprus to extradite Kurdish activist to Germany

The Republic of Cyprus will extradite Kenan Ayaz, a Kurdish activist arrested on terrorism charges, to Germany after the Supreme Court unanimously rejected his appeal on Tuesday, May 16. ...

457. BOC Chief urges sanctioned entities to seek exemptions themselves

The CEO of the Bank of Cyprus, Panicos Nicolaou, expressed the view that individuals and entities subject to sanctions should seek exemption from international authorities in order for banks to allow payments from frozen accounts to business entities....

458. Cyprus on verge of becoming LNG hub as talks of Israel pipeline intensify

The announcements made by the Prime Minister of Israel, Benjamin Netanyahu, regarding a pipeline that will transport natural gas from Israel's Exclusive Economic Zone (EEZ) to Cyprus for liquefaction (LNG) and export to European markets...

459. Wagner leader offered Russian troop locations to Ukrainians in exchange for mercy

In an apparent escalation of Yevgeny Prigozhin's public feud with Vladimir Putin over his for-hire army, the leader of the Wagner mercenary group offered to sell out the locations of Russian troops to Ukrainian officials in exchange for their mercy on the battlefield, according to leaked intelligence documents....

460. BOC appoints Bank of America as joint corporate broker, resumes dividend payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

461. Cyprus working on comprehensive refugee policy

The government is working on a comprehensive refugee policy, President of the Republic Nikos Christodoulides said on Monday....

462. Health Ministry reports 10 deaths and over 2000 cases of covid

Ten deaths were announced by the Ministry of Health between April 21 to May 4 due to COVID-19 as well as 2.404 new cases....

463. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

464. Astrobank: 'Reward' plan for good borrowers

Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....

465. Police enforcing smoking ban in closed spaces

Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....

466. Banks announce measures on interest rates

Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....

467. 100 Cypriot wines to feature new WineCore logo on packaging

The wine industry in Cyprus is at a turning point, as coordinated upgrading and promotion efforts are underway in both the private and public sectors. ...

468. Cypriot president gets honorary doctorate in Greece

Cyprus President, Nikos Christodoulides, is traveling to Athens today, where he will be awarded an Honorary Doctorate from the University of Piraeus and will participate in the Delphi Economic Forum, organized on a private initiative, with the participation of heads of state and government...

469. EC proposes major reforms to create single market for medicines

The European Commission has proposed a new single market for medicines in the European Union (EU) to create an attractive and innovation-friendly environment for the research, development, and production of medicines....

470. First flight from Sudan welcomed by Foreign Minister

The first flight that arrived from Sudan to Larnaca was welcomed on Tuesday evening by the Minister of Foreign Affairs, Constantinos Kombos....

471. Biden to run for re-election in 2024

President Joe Biden has formally announced that he is running for reelection in 2024. He is asking voters to give him more time to “finish this job” and to set aside concerns about his age....

472. President holds sanctions meeting with stakeholders

Cyprus President, Nikos Christodoulides, will preside over a new meeting at 1030 local time on Tuesday, on the issue of sanctions imposed by the US and the UK on individuals and legal entities in Cyprus 'in connection with the Russian Federation’s unlawful and unprovoked invasion of Ukraine, including facilitators of sanctions evasion'...

473. Raab resigns, Oliver Dowden takes his place as Deputy Prime Minister

British Deputy Prime Minister Dominic Raab resigned from the government on Friday after an independent report found he had bullied officials, the latest scandal to force out one of Prime Minister Rishi Sunak's top ministers....

474. FBI warns against using free mobile charging stations

The FBI is warning people to steer clear of free cell phone charging stations....

475. €130M grant plan proposed for 358 refugee apartment buildings

In an effort to effectively manage buildings in government housing estates and address observed structural issues, the Ministry of Interior has prepared a comprehensive Sponsorship Plan to be presented at Friday's Cabinet meeting. ...

476. Macron's mission in China: Convincing Xi on Ukraine

477. Announcement Appointment of Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 April 2023. ...

478. Cyprus transfers 76 refugees to France under EU relocation scheme

Yesterday morning, 76 applicants for international protection hailing from Syria and Afghanistan were transferred from Cyprus to France, marking the start of the voluntary relocation pilot program....

479. UNFICYP fails to stop illegal activities in buffer zone

The Ministry of Foreign Affairs in Cyprus has expressed serious concern over the United Nations Peacekeeping Force's (UNFICYP) failure to stop illegal activities taking place in a stadium located in the buffer zone in Nicosia, despite repeated representations by the ministry....

480. Dendias to meet Cypriot and Israeli counterparts in Nicosia

Greek Foreign Minister Nikos Dendias will participate in the Trilateral Meeting of the Foreign Ministers of Cyprus, Greece and Israel, which will take place in Nicosia on Friday, March 31....