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541. Turkish asylum applications in Germany increased by 216%

A total of 20,802 asylum applications from Turkish nationals were received by authorities in Germany in the first 11 months of 2022, marking a significant increase compared to 7,873 applications filed under the same purpose during the same period in 2021....

542. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

543. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

544. Nicosia scrambles to block north recognition

The Republic of Cyprus is scrambling to block the Turkish Cypriot administration from upgrading its status in the northern part of the divided island, with Greek Cypriot officials in the south confirming reports of new counter measures with diplomatic missions to countries including Gambia...

545. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

546. The Belgian wheel is in motion...

Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...

547. Calculating tax revenue for the passport program is challenging

It is impossible to estimate and link the amount of government revenue from the CIP to the individuals covered by it....

548. TikTok to be outlawed on US government-owned devices

The US Senate late on Wednesday passed by voice vote a bill to bar federal employees from using the Chinese-owned video-sharing app TikTok on government-owned devices....

549. Cyprus to extend FTX EU license suspension

Cyprus’ securities regulator plans to extend the suspension of the license of FTX EU and will meet to discuss the matter next week, a spokesperson said on Tuesday...

550. Cypriot parliament approves state budget

The House of Representatives plenary approved the 2023 state budget on Thursday evening, the last to be tabled by the 10-year administration of Nicos Anastasiades...

551. France first country to ban short haul flights

France has been given the green light to ban short-haul domestic flights. Specifically, between locations where there is a train alternative that takes less than 2.5 hours....

552. Tying up loose ends at Hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

553. Nicosia passes energy forum baton to Cairo

Energy Minister Natasa Pilides will preside on Wednesday in Cairo over the 8th Ministerial Meeting of the regional intergovernmental organization East Mediterranean Gas Forum, the last one that will be held within the framework of the Cyprus Presidency of the Forum for 2022...

554. The key to the Cyprus problem is again in Nicosia

The international community and our regional community within the European Union do not currently find the Cyprus problem to be a particularly "sexy" issue, but it is still on the table....

555. 74-year old pleads guilty to manslaughter in Paphos euthanasia case

Both sides in the Tremithousa murder case have agreed on an amendment to the indictment, with the 74-year-old defendant expected to plead guilty to manslaughter,...

556. In a first, FDA approves fecal transplants to treat gut disease

For years scientists have been demonstrating the therapeutic potential of gut microbiota transplants in mice for a variety of medical conditions; now the FDA has approved this procedure for the first time to treat a murderous bacterial infection....

557. Austria to EU: Deport refugees to Rwanda pending asylum approval

The Austrian Interior Minister, Gerhard Karner, has called for the EU to establish asylum procedures in safe third countries, similar to models that Denmark and the United Kingdom have agreed to operate....

558. Hellenic Bank soon to be under the control of Eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

559. Duma passes law prohibiting LGBT propaganda

Russian lawmakers on Thursday gave their final approval to a bill that significantly expands restrictions on activities seen as promoting gay rights in the country, another step in a years-long crackdown on the country's embattled LGBTQ community....

560. Report highlights police inaction in cases of violence against women in Cyprus

The Group of Experts on Action against Violence against Women and Domestic Violence (GREVIO)’s first review of existing policy approaches and legislation on violence against women in Cyprus has revealed many areas in which redoubled action is needed to comply with the standards of the Istanbul Convention. ...

561. US regulators say lab-grown chicken is safe to eat

A meat product grown in a lab has been cleared for human consumption for the first time....

562. 50 products specified in Cyprus' 'Household Basket'

The Consumer Protection Service will present its initial proposal for the Household Basket in Cyprus to the stakeholders - the Hypermarkets Association, the Retailers Association, the OEB, and the CEB - at 12 noon on Wednesday. ...

563. How Turkey's 'Blue Homeland' doctrine came to be

Fresh fuel was thrown onto the already volatile Greek-Turkish relationship in 2019 in the form of a map that was made public in a photograph that had Turkish President Recep Tayyip Erdogan standing in front of it....

564. Eliades: 'Cyprus a haven for every kind of illegal activity' thanks to government

The preliminary findings of the report issued by the PEGA investigation committee, the works carried out at the Limassol Municipal Garden, and the delimitation of the Exclusive Economic Zones between Cyprus and Greece were the subject of press releases issued by presidential candidates on Wednesday....

565. Initial PEGA report - Cyprus is an appealing destination for spy goods

566. Government, Parliament, candidates, and your dog's heart

In comparison to humans, a dog, your dog, can sniff more than 100,000 times. His hearing is exceptionally acute, and he can hear your heartbeat without using a stethoscope, allowing him to perceive your emotions....

567. Boulder smashes pickup truck on mountain road

A contractor in the road maintenance business thanked his lucky stars on Monday after he emerged unscathed when a huge rock fell on his pickup truck just outside a mountain community in Limassol district...

568. Men arrested after bride kidnapping goes awry

Three men have been arrested on breaking and entering charges following a failed attempt to steal a young female from the household who secretly got hitched to her beau without dad’s blessing...

569. Turks slam Greeks over fake ‘push-forward’ story

Turkey has slammed Greece’s migration minister over a video tweet allegedly showing members of the Turkish coast guard beating refugees during an alleged push-forward, with Ankara rushing to provide context and accusing Greek media of failing to properly retract a fabricated story...

570. Cyprus government working to promote LGBTQ+ rights

The government’s efforts to protect and further promote the rights of the LGBTQ+ group have gone from words to deeds, said Justice and Public Order Minister, Stephi Dracou during her speech at the 8th Pride Parade in Nicosia on Sunday....