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331. Household deposit rates surge as home buying loan rates dip

In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...

332. Who bears responsibility for the energy transition?

Chris Angelides serves as the Managing Director in the oil and gas consulting division of Ernst & Young LLP in Houston....

333. St. Kitts and Nevis appoints Joseph Borghese as Special Envoy for FDIs

In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...

334. Controversy surrounds 17.5-year extension request for Nicosia ring road

Recent revelations concerning the implementation timelines of significant public works projects have shed light on longstanding challenges within the realm of project execution. ...

335. Fighting high interest rates is Europe's main challenge

The European economy faces significant challenges amidst the current geopolitical crisis, which threatens its global position. ...

336. ECB maintains €6.76 billion worth of Cypriot government bonds

The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....

337. Gaza floating pier project approaches finish line

The construction of the floating pier, is expected to be completed in the coming days, sources told CNA as regards works by the US for a floating unit to facilitate the delivery of humanitarian aid by ships to Gaza....

338. Ellinikon, Europe's largest smart city, begins its transformation

339. China's leader targets Hungary, Serbia for investments

Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....

340. Saudi-US deal in limbo over Israel relations

Saudi Arabia and the United States are finalizing a landmark deal to bolster bilateral trade and defense, contingent upon establishing diplomatic relations between Saudi Arabia and Israel, according to US officials and as reported by CNN. ...

341. Ministry unveils 'What Do I Vote' service for voter convenience

In a significant development, the Ministry of Interior launched its pioneering electronic service, ''What Do I Vote,'' yesterday....

342. The hotspots where Cypriots are headed to this Easter

The Easter festive period can actually be described as the vanguard of the summer holidays for Cypriots who choose to holiday outside Cyprus. ...

343. Workers unite as May Day celebrations take place across the island

Workers across all cities celebrated International Workers' Day this year with various events and demonstrations, led by the Pancyprian Federation of Labour (PEO) organizing marches in every city....

344. Cypriots opting for Easter holidays abroad

According to the Association of Cyprus Tourism Agents (ACTA), a substantial number of Cypriots are opting for Easter holidays abroad, as indicated by recent figures....

345. WCK prepares 8 million meals for Gaza amidst humanitarian crisis

The World Central Kitchen (WCK) aid organization announced yesterday, Sunday, that it will resume its operations in the Gaza Strip, four weeks after the deaths of seven of its staff members in an airstrike by the Israeli military....

346. Former Central Bank Governor reflects on achievements and future plans

In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...

347. British-Cypriot to challenge London mayor incumbent

We seek the urgent solution to the Cyprus problem and the full, equal and meaningful participation of women at all levels of the negotiation process......

348. Macron declares ''Europe is mortal,'' calls for unity

The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said. ...

349. Cyprus reports €133.1 million increase in March loans

In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus. ...

350. Eurobank set to dominate Cyprus' insurance scene with Hellenic stake

As Eurobank eagerly anticipates the green light from regulatory bodies such as the European Central Bank, the Central Bank of Cyprus, and the Companies Registrar for its acquisition of 55% ownership......

351. Cyprus Central Bank sets interest rate limit at 11.42%

The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....

352. McKinsey leaders convene at Green Agenda Cyprus Summit

Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...

353. Brilliant presentation of the new all-electric Porsche Taycan

In life, we experience moments full of magic....

354. Horse covered in blood bolts through Central London

Central London was thrown into chaos today as a horse, spooked during a routine training exercise, bolted through the streets, triggering a dramatic stampede that left five people injured and several vehicles damaged. ...

355. Nominations underway for June European elections

Nominations for the June European elections are being submitted today from 8:30 a.m. to 12:30 p.m. at the General Election Commissioner, located at the "Filoxenia" Conference Centre....

356. UN envoy sparks EU-Turkey clash with crucial 20-day mission

The upcoming 20-day stretch, commencing this Thursday, holds immense significance in the ongoing efforts to break the deadlock in Cyprus....

357. Agreement reached on foreign worker policy

In a significant development, all social partners have come to an agreement regarding the participation of foreign workers in Cyprus' labor market. Labour and Social Partners Minister Yannis Panagiotou announced the breakthrough, highlighting the importance of cooperation among stakeholders in addressing challenges facing the job market....

358. Cypriot banks predicted to surpass €1.2 billion profits in 2024

In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....

359. Tehran avoids escalating conflict with Israel

Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war....

360. Famagusta's tourism success, development struggles

Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....