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481. Davis Cup playoffs return to Cyprus

The Cypriot Davis Cup Team will fight in Cyprus for qualification at the European Zone Group B promotion play-offs....

482. E-kalathi: Your digital tool for smart shopping

Based on the timeline, the implementation of e-kalathi, the new digital platform for monitoring retail product prices, is expected to take place around early 2024....

483. Washington okays baby deal for Turkish F16

US President Joe Biden's administration is set to move ahead with the sale of a modernization package for Turkey's existing F-16 aircraft, after leaders of US congressional committees gave informal approval, but Turkey's request to buy billions of dollars worth of F-16s remains in limbo...

484. BOC to pay dividends after 12 years

The Bank of Cyprus is the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying dividends to its shareholders after 12 years....

485. Energy Minister puts forth Cyprus' natural gas to cut costs for consumers

Cyprus' Energy Minister George Papanastasiou said that, during his discussions with consortiums operating in the Cypriot Exclusive Economic Zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant....

486. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

487. CySEC fines CIF one million euros for regulatory violations

The Cyprus Securities and Exchange Commission (CySEC) announced its decision to impose a fine of one million euros on the Cyprus Investment Firm (CIF) Itrade Global Ltd....

488. Rome reportedly okays Lukoil sale to Cypriot firm

Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...

489. Greek and Turk connect over tombstone in Istanbul

Kerem Soyyilmaz knew very little about the 1923 population exchange between Greece and Turkey but felt such a strong urge to investigate after discovering in the summer of 2017 a marble slab with an inscription in Greek...

490. Police seek middle ground in lambradjia madness

Officials in Cyprus appear to tolerate lambradjia bonfires even though they are illegal, with police and fire departments pushing for new legislation to tackle a long and dangerous Easter tradition on the island that is not easy to change...

491. 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....

492. Herodotou: 'European banking system in good health'

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

493. FinMin stresses importance of stable legislation for out-of-court auctions

The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....

494. Legalities and time constraints delaying repairs of refugee apartments

Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...

495. 1,300 loan applications submitted for Oikia scheme

Applications for 1,318 potentially eligible loans involving a total amount of €131.1 million were submitted under the Oikia scheme, which is a loan management plan with government funds granted under Government Housing Plans....

496. USA: House votes to declassify COVID origin report

The House voted unanimously Friday to declassify U.S. intelligence information about the origins of COVID-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic....

497. Police union takes issue with police body cam bill

Cypriot law enforcement officers could soon were body cameras while responding to incidents, but a bill proposal going through a House committee this week could be delayed by objections from police unions...

498. Real estate trends in 2023

Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....

499. US specialist in Cyprus to treat patient's rare disease, 100% funded by EU

A significant development in the EU medical industry has occurred in Cyprus involving EU cross-border treatment. Greece's National Healthcare Service (EOPYY) recently approved using the "Planned medical treatment abroad" scheme to cover the costs of a Greek patient receiving surgical treatment for a rare disease by a world-leading US-based surgeon in a private hospital in Cyprus. ...

500. Government's fuel tax reduction scheme extended to May 4th

The President of the Republic Nikos Christodoulides has already signed the law extending the reduction of fuel taxes until May 4, 2023, following the approval of the relevant bill today, by the House Plenary....

501. 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....

502. The Cabinet's decision on Akamas published today

The Akamas Local Plan, prepared by the Minister of Interior, was published by K after being approved by the Council of Ministers....

503. Germany turns to foreign and migrant workers to fill positions

Germany has decided to turn to migrants as well as foreigners to try and fill job positions as the country continues to face a growing crisis....

504. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

505. Casino dash before new Cabinet raises eyebrows

A House committee in the Republic of Cyprus is blocking three appointments on a casino commission until after the new Cabinet takes shape on March 1, with members raising conflict of interest concerns and the outgoing government insisting it should be allowed to fill the vacant positions now...

506. Turkey rejects linking NATO expansion to F-16 deal

US Secretary of State Antony Blinken on Monday called for Sweden and Finland to be accepted into NATO 'as quickly as possible,' although his Turkish counterpart dismissed the possibility of any link between their accession and Turkey’s request for F-16 fighter jets...

507. Plans to upgrade hotels in the mountains and countryside are underway

508. Government strengthens its stance against gender based violence

Cyprus is taking another step towards strengthening the framework for effective prevention and battling of violence against women, with the approval by the Cabinet of two important proposals....

509. Thanasis' family to file criminal charges in connection with his death

The family of National Guardsman Thanasis Nikolaou will take action to enable criminal prosecutions and lawsuits after consulting with their attorneys....

510. 'Greek fan' Menendez boasts F35 okay for Athens

US Senator Bob Menendez, who has been blocking fighter jets for Turkey over the years, told an audience in Washington this week that he was 'a fan of the Greek people' and further had no qualms about okaying the F35 stealth for Athens...