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571. Small number of banks meeting new loan demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

572. Homelessness on the streets of the capital (Photos)

Citizens in the heart of the capital are faced with a depressing sight. The image of two homeless people, a father and son, whose story is well known among the locals, sleeping on the streets of Makarios Ave....

573. Immerse yourself in a Christmas wonderland

There is a little over a month left until Christmas, which means that now is the perfect time to book a trip for anyone who is planning to reach another country, especially a European country....

574. Cyprus beats EU average in road deaths

The highest incidence of road fatalities in the European Union in 2020 were recorded in rural regions, while Cyprus was one of the countries where road fatalities per million inhabitants was above the EU average, according to data released by Eurostat, the statistical service of the EU...

575. EY Cyprus presents the Transparency Report 2022

ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...

576. 'Double tax' treaty talks to begin between Cyprus and Australia

Cyprus Finance Ministry has expressed satisfaction with the positive reaction of Australian authorities to initiate bilateral negotiations for the conclusion of the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance....

577. Civil protection's role in disaster management at the Nicosia Risk Forum 2022

The role of civil protection and international solidarity in disaster management as a result of climate change is being discussed at the two-day Nicosia Risk Forum 2022 (#NRF2022) on Civil Protection, which began today in Larnaca and is organized by the CERIDES Foundation of the European University Cyprus....

578. High speed chase in Nicosia sparks debate

A motorcyclist was hospitalized on Tuesday after he was injured in an accident during a high-speed police chase, which caught onlookers by surprise as the suspect took cops on a dangerous ride through the capital...

579. Averof proposes a tax-free family income of 39,500 euros

580. Spike in illegal migrant entries, says EU border agency

The European Union’s border agency said Monday that the number of illegal entries by migrants spiked to more than 275,000 in the January through October period this year....

581. Cyprus regulator to suspend FTX's license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

582. Paphos and Seville named European Capitals for Smart Tourism 2023

The city of Paphos was officially named the European Capital of Smart Tourism for 2023, according to its Mayor Phedon Phedonos....

583. Sean Penn loans his Oscar to Zelenskiy in a symbolic gesture

Hollywood actor and director Sean Penn, sanctioned by Russia for criticizing its war in Ukraine, loaned his Oscar statuette to Ukrainian President Volodymyr Zelenskiy during a visit to Kyiv on Tuesday....

584. More people are working from home thanks to the pandemic

The proportion of those employed that work from home in the European Union has increased after the COVID-19 pandemic, according to data released by Eurostat, the statistical service of the EU....

585. Looking for a strategy to suspend foreclosure sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

586. Anastasiades' last hurrah

President Anastasiades is on his final diplomatic tour in the region before the end of his term, beginning with multilateral contacts in Egypt, where he has been since last Sunday in the framework of COP-27. ...

587. 13 billion bcm of natural gas discovered off Israel's shore

Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site....

588. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

589. ''Firm of the Year 2022'' Specialist Sector

K. Treppides & Co Ltd, the Largest Independent Consultant, and a Cyprus based international firm, was awarded as the EAI Specialist Sector ''Firm of the year 2022'', by EAI International which is recognized internationally including US and Canada....

590. Presidential debate - The arguments, aggressiveness, and lies

The first cross-court debate between the three main presidential candidates based on polls featured nerves, dynamism, pace, and a variety of topics....

591. EY holds Cyprus Attractiveness Forum: Investment Realized, a reference point for FDI in Cyprus

The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...

592. UN intervenes when Turkish soldiers move towards farmer in buffer zone

Turkish soldiers were mobilized on Tuesday, in the Astromeritis area, west of the capital Nicosia, in the sight of a Greek Cypriot farmer who went to the Buffer Zone to do work, related to his agricultural activity in the area. ...

593. 1,000 people indicted in Iran over protests

Iran's hardline judiciary will hold public trials of about 1,000 people indicted over unrest in Tehran, a semi-official news agency said on Monday, intensifying efforts to crush weeks of protests ignited by Mahsa Amini's death in police custody....

594. Kyiv: 80% of households have no access to running water

According to Vitaly Klitschko, the mayor of Kyiv, new Russian missile strikes have cut off the water supply to 80% of residents and electricity to 350,000 households....

595. 'Wild World' singer Yusuf Islam, aka Cat Stevens, urges Erdogan not to abandon peace in his 'fatherland' of Cyprus

Last week, Turkiye welcomed one of music’s most iconic stars, singer-songwriter Yusuf Islam. The artist was performing a series of fundraising concerts in Istanbul and Ankara, with President, Recep Tayyip Erdoğan, and his wife, First Lady Emine Erdoğan attending the event in the Turkish capital....

596. Paul Pelosi, husband of Nancy Pelosi, recovering after hammer attack

Paul Pelosi, the husband of US House of Representatives Speaker Nancy Pelosi, is recovering from surgery after being attacked by a hammer-wielding intruder at the couple's San Francisco home....

597. Cyprus Tech Ecosystem Platform

On Wednesday 19th of October, TechIsland & “Dealroom.co” brought live the Cyprus Tech Ecosystem Platform....

598. Cypriot president meets pope at the Vatican

Cypriot President Nicos Anastasiades met with Pope Francis at the Vatican on Monday, with the two men reportedly discussing bilateral issues including refugees following the Holy Father’s visit to the divided island last year...

599. Youth unemployment in Cyprus in 2021 at 14.2%, compared to 13% across the EU

The youth (people aged 15–29 years) unemployment rate in the European Union fell to 13.0% in 2021, from 13.3% in 2020, according to data released by Eurostat, the statistical service of the European Union....

600. Cyprus probes dotted line in Israel-Lebanon deal

The foreign ministry in the Republic of Cyprus has sent a note verbale to Beirut in reference to a maritime border deal between Israel and Lebanon, which reportedly includes a contentious line that Nicosia had crossed a decade ago...