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91. Which city will win Culture Capital 2030 in Cyprus?

Deputy Minister of Culture, Vasiliki Kassianidou, announced on Monday that the official process was launched through which the cities of Cyprus are invited to submit an application to claim the title of the 2030 European Capital of Culture. ...

92. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

93. Greek retailer Kotsovolos fined €2 million for misleading discounts

The Minister of Development, Kostas Skrekas, has levied a 2 million euro fine on the company "Dixons South-East Europe Commercial and Industrial Company of Electrical, Information Technology,...

94. BOC to revitalize former Orphanides building by 2026

Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....

95. AstroBank: Residential and commercial properties for sale

AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....

96. New online service for 2024 European Elections

The Ministry of Interior announced on Tuesday the operation of the electronic information service for registration in the special electoral roll for the 2024 European elections of citizens, who reside in areas where the Government of the Republic does not exercise effective control. ...

97. Russian authorities tighten grip, mandate passport surrender

In a recent government decree effective Monday, Russians subjected to travel bans must hand over their passports to authorities within five days of notification. ...

98. Yamaha's futuristic electric motorcycle without handlebars

Japanese company Yamaha has revealed concept renderings of the Motoroid 2, an electric motorcycle that stands out by omitting traditional handlebars....

99. Tylliria's ''halitzias'' gains prestigious recognition

In a noteworthy announcement shared on social media by the European Commission in Cyprus, Tylliria's halitzias have been officially recognized with protected geographical indication (PGI) status....

100. Land sales to foreigners restricted in occupied territories

Dursun Oguz, the interior minister, announced new restrictions on land sales to foreigners in the occupied territories during his visit to Ankara....

101. US imposes sanctions on three Cyprus based entities

The US Department of Treasury’s Office of Foreign Assets Control (OFAC) announced new sanctions against individuals assisting the Russian defense industry, involving Cyprus-based entities....

102. EAC invites bids for renewable energy land lease

The Cyprus Electricity Authority (EAC) has announced a tender for the long-term land lease for the development of Renewable Energy Sources (RES) projects....

103. Paphos delegation thrives in Seville, European Smart Tourism Capital 2023

Nassos Hadjigeorgiou, Executive Director of the Pafos Region Tourism Development and Promotion Company, and Dr. Zenon Zignonos, Smart City Projects Manager of the Municipality of Pafos, engaged in a highly successful transition to Seville, the designated European Smart Tourism Capital for 2023....

104. Mortgage-to-Rent scheme sparks overwhelming interest as call centers inundated

In a significant response to the newly launched 'Mortgage to Rent' Scheme by the implementing agency, KEDIPES, the service center has been inundated with hundreds of calls since the official commencement of the initiative today....

105. A 'golden knowledge program' vs. a 'golden passport program'

In a recent session, the Cyprus Parliament passed a DIKO (Democratic Party) law proposal to amend the Law on the Civil Registry, focusing on modernizing the existing legal framework for the naturalization of foreigners. ...

106. New police app set to crack down on unpaid traffic fines

In an upcoming move, a police app designed to pinpoint drivers reported by traffic cameras for unpaid fines is set to launch....

107. 18 linked to Pournara events deported, 11 in line for expulsion

108. How artificial intelligence is changing Cyprus

The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...

109. Government achieves historic 50% drop in asylum applications

There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....

110. DAC6 revisited through the prism of DAC8

The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....

111. KEDIPES introduces 'Rent-to-Own' scheme for vulnerable households

Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....

112. Cyprus sees 33% drop in new asylum applications, compared to 19% EU increase

In August 2023, the European Union saw a 19% increase in new asylum seekers compared to the same period in 2022, with 91,735 applications recorded. ...

113. Deputy Ministry's ''one-stop shop'' for shipping sets sail Monday

The one-stop-shop shipping centre at the Deputy Ministry of Shipping will be operating as of next Monday, starting with the services of the Department of Population Records and Immigration, announced the competent Deputy Minister Marina Hadjimanolis....

114. Cyprus unveils bold housing policy boost

In a strategic move to spur affordable housing development, the Cyprus government introduces a groundbreaking housing policy....

115. Nicosia Mall reveals ambitious plans for Limassol shopping center

In a recent announcement, Nicosia Mall disclosed its intentions for the forthcoming opening in Limassol. ...

116. Syrian applicant triumphs in citizenship appeal

In a recent legal development, a Republic of Cyprus citizenship appeal by a Syrian-born individual of Turkish Cypriot origin proved successful....

117. Government prepares compensation relief for clipped depositors

In a recent press briefing at the Presidential Palace, Government Spokesman Konstantinos Letymbiotis provided crucial updates on the impending compensation for clipped depositors....

118. Finyard launches in Cyprus, providing innovative software solutions for the FinTech space

Finyard, an innovative software solutions provider, that helps global brands within the FinTech space offer their clients cutting-edge applications, has opened its doors in Cyprus....

119. 'Photovoltaics for All' scheme launches €30M fund

The public will be able to start submitting applications on January 2024 for a scheme to install photovoltaics, dubbed "Photovoltaics for All", with a budget of €30 million, which is expected to correspond to 6,000 applications....

120. Ministries unite to transform halloumi industry

There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....