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991. Fall weather makes a move but still shy

Alternating weather systems are affecting Cyprus following last week’s transitional weather, with suspicious clouds sticking around until Friday while full-fledged unsettled conditions are expected through the weekend...

992. The future of the banking sector is digital, green and social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

993. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

994. October feel arrives as spotty showers move in

Temperatures are dropping rapidly in Cyprus after an unusual scorching weekend, with spotty showers and thunderstorms expected in different areas throughout the week...

995. Cyprus issues rare heat warning in fall month

A heat warning went into effect Sunday late morning for Cyprus’ inland areas, with maximum temperatures expected to reach 40 degrees Celsius and levels dropping back down as rain clouds move in early next week...

996. €100 increase in average gross monthly earnings in Q2 2022

The average gross monthly earnings of employees increased by €100 in the second quarter of 2022, according to provisional data, published by Cyprus Statistical Service on Wednesday. In particular, they reached €2,081, compared to €1,982 in the same period of 2021, recording an increase of 5%....

997. Why EVs are a flop in Cyprus … so far

It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....

998. SBA judge slams criminal justice system in Cyprus

A resident judge on the British Bases in Cyprus, who recently denied a removal request for two suspects in connection with an ongoing fake cocaine investigation, took the time in his remarks to issue a far-reaching indictment against the maladies of the Greek Cypriot criminal justice system...

999. Cyprus highly innovative compared to other EU countries

Cyprus has achieved the biggest improvement in the field of innovation at the European level since 2015, according to the annual report of the European Innovation Scoreboard 2022 of the European Commission....

1000. Ryanair says low-cost travel now in the past

The previously known ultra-low-cost flag carrier, Ryanair, has announced it will increase ticket prices to Austria moderately, mainly due to inflation....

1001. Showers and strong winds coming

Weak low pressure is affecting the region. Tonight, there will be intermittent increasing clouds, and isolated showers are possible along the east coast. ...

1002. Self check-in and robots - the future of tourism in Cyprus

1003. Reuters: 'escape' flights from Russia skyrocket after military draft begins

A sharp rise in internet searches and the purchase of tickets for flights "fleeing" from Russia is reported by Reuters, in the wake of the partial conscription announced by Vladimir Putin, seven months after the invasion of Ukraine....

1004. Gender pay gap in Cyprus at 9%, needs improvement

Commissioner for Gender Equality, Iosifina Antoniou, in her statement for International Equal Pay Day, highlights the long-standing struggles to achieve equal pay for work of equal value between men and women, noting that the wage gap in Cyprus continues to exist and stands at 9%....

1005. Consumer watchdog releases price index for September on basic consumer goods

The Consumer Watchdog has released the price index for basic consumer goods for the month of September....

1006. Greece is enticing northern EU retirees with its 'easier winters'

Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....

1007. Midweek more humid and potentially stormy

Showers and thunderstorms are expected on Wednesday afternoon in Cyprus, with weather officials also warning that humidity levels may also be uncomfortably high...

1008. Germany to revise immigrant laws to allow more skilled migrant workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

1009. Study: Children born from frozen embryos more likely to develop cancer later in life

Children that are born from embryos placed in frozen storage are at an increased risk of developing cancer, an alarming new study finds....

1010. Cheaper electricity in September - How much will you pay?

The issue of electricity pricing is at the top of every household's agenda, especially with galloping inflation and the increase in fuel prices, making it a big hurdle for many. Despite this, things seem to be encouraging as far as September is concerned as bill pricing is expected to be reduced....

1011. Temps take slight dip but levels up by week’s end

A low pressure system is affecting Cyprus with temperatures taking a slight dip for a few days along with chances of showers and thunderstorms in the interior...

1012. Cyprus and Spain to collaborate on organ transplants

The rate of organ donation in Cyprus remains very low compared to other European countries, Health Minister Michael Hadjipandela said on Thursday, adding that 173 transplants from living donors and 80 from posthumous donors have been carried out in Cyprus since 2011....

1013. At around 27 years old is when young Cypriots flee the nest

Young people in Cyprus moved out of their parent's house on average at the age of 27.2 years in 2021, a little below the European Union average which was at 26.5 years, according to data released by Eurostat, the statistics service of the EU....

1014. California to cover canals with solar panels to fight drought

State utilities in California are preparing to launch a pilot project to cover California’s irrigation canals in solar panels....

1015. Poland, Spain & Italy are a favorite for working migrants

The median age in the 27 European Union countries is projected to mark an increase of 4.5 years between 2019 and 2050 to reach 48.2 years....

1016. Pakistan's floods fueled by its melting glaciers

A series of extreme floods have utterly devastated the South Asian nation, which is home to some 225 million people, washing away roads and buildings, destroying farms, and stranding hundreds of thousands. ...

1017. Photovoltaic systems are increasing in popularity in Cyprus

With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems, or solar panels, comes as an attractive solution for more and more consumers....

1018. Changing weather brings summer showers (video)

Heavy rain fell at noon on Thursday (25/08) in various areas of Cyprus....

1019. Cyprus is below the EU average on high speed internet coverage

In 2021, 41% of households in Cyprus enjoyed high-speed internet coverage through fixed very high capacity networks (VHCN) compared with 70% on average in the EU, according to data released by Eurostat, the statistical office of the European Union....

1020. The coasts of Cyprus, Lebanon and Syria recorded the greatest increase in temperature in the Mediterranean

Rising temperatures in the Mediterranean are negatively affecting marine life, according to scientists who studied seawater in the region and reported that water temperatures are 3 to 5 degrees above normal for the season, which will have many negative consequences....