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211. The Cypriot Hill Station

"Next Thursday, His Excellency the High Commissioner will depart from here with his family to go to his residence in Troodos for a vacation."(June 25, 1910). ...

212. Russia suspects US approval in Nord Stream pipeline attack, vows retribution

Russia's ambassador to Washington asserted on Friday that Ukraine would not have attacked the Nord Stream gas pipelines without at least tacit approval from the United States, and vowed that Russia would hold those responsible accountable....

213. Sharp increase in bounced checks for July 2024

The Central Bank of Cyprus (CBC) has reported a notable increase in bounced checks for July 2024, according to preliminary data from the Central Information Register (CIR)....

214. Women entrepreneurs hit hard by Turkey's Instagram shutdown

Turkey's decision to block access to Instagram has dealt a significant blow to female entrepreneurs who rely on the platform to market and sell products ranging from homemade cookies to baby bedding....

215. First phase of Nicosia highway opens, connecting major cities

The completion of the Nicosia Peripheral Highway project will ensure seamless and continuous traffic flow between western Nicosia and Larnaca......

216. €6M fund available for innovators to tackle real-world challenges

The Research and Innovation Foundation (RIF) has announced a new funding program called "Co-Develop" with a total budget of €6 million. This program aims to solve real-world problems by connecting researchers with businesses in areas such as digital technologies, advanced agriculture, health, and the environment....

217. RIF launches €6M fund to foster innovation and economic growth

The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....

218. Central Bank revises GDP growth to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

219. Cypriot banks show resilience amid challenges, says CBC Governor

Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...

220. Iran declares no-fly zones, calling on aircrafts to alter routes

Iran issued NOTAMs (Notice to Airmen) for the central, western, and northwestern regions of the country, advising aircraft to alter their routes. This move comes as fears of a regional war escalate in the Middle East,...

221. Blinken warns of possible Iran-Hezbollah attack on Israel in 48 hours

Secretary of State Tony Blinken alerted his G7 counterparts on Sunday that an attack by Iran and Hezbollah against Israel could begin as early as Monday, according to three sources briefed on the call....

222. Cyprus non-cash payment value hits €129 billion

Non cash payments in Cyprus in the second half of 2023 rose by 12% year on year to €129 billion with total transactions amounting to 152 million marking an annual increase of 15%, the Central Bank of Cyprus (CBC) has said....

223. Boxer Khelif condemns bullying amid gender scrutiny

Olympic boxer Imane Khelif has called for an end to athlete bullying, stating that the hateful scrutiny over misconceptions about her gender “harms human dignity.” The Algerian athlete spoke out following intense international backlash. ...

224. Greece battles major sheep and goat plague in 11 regions

New cases of sheep and goat plague are expected in Greece, with 35 outbreaks already reported across 11 of the country's 13 regions, according to Agriculture Minister Kostas Tsiaras. Movement and slaughter bans will remain in effect next week to curb the spread....

225. Athens on high alert over possible Israeli target attack

The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....

226. Lidl celebrates its successful sponsorship of the UEFA EURO 2024

• Lidl's sponsorship of the biggest football event in Europe, as an Official Partner of UEFA EURO 2024™, signaling the company's first international participation in football....

227. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

228. Cyprus sees significant uptick in new loans

In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....

229. Record surge in olive oil fraud amid rising prices of 'liquid gold'

The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....

230. Paris apologizes for religious imagery in Olympic opening show

The Paris 2024 Olympic opening ceremony, held on July 26, 2024, faced both controversy and mixed reviews. ...

231. Police lead investigation into LNG terminal project under EPPO oversight

The investigation on the project for the construction of an LNG terminal in Vasilikos was initiated in March 2024, the press office of the European Public Prosecutor’s Office......

232. CBC enforces 11.76% cap on loan interest rates

The Central Bank of Cyprus, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with its provisions, determines the reference interest rate to be 11.76%....

233. Four arrested in bomb attack on Cyprus prison officer's vehicle

Authorities have arrested four individuals in connection with the recent bomb attack on a Central Prison officer's vehicle, marking significant developments in the case....

234. Philippine tanker sinks, spilling 1,500 tons of fuel

A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers searched for a missing crew member, officials said....

235. Futuristic yacht stuns Mykonos with Sci-Fi design

236. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

237. Welcoming the New Department of Psychology at University of Limassol

University of Limassol is delighted to announce the establishment of its new Department of Psychology under the Social Sciences and Humanities School....

238. Apartment prices up 13.9% yearly, house price growth slows

In the first quarter of 2024, house price growth showed a slight slowdown, while apartment prices continued to rise....

239. Greek land registry hit by major cyberattack

A coordinated cyberattack has struck the Greek Land Registry, compromising one of its databases containing property ownership information across the country. ...

240. Cyprus grapples with displacement 50 years after Turkish invasion

The violent displacement of tens of thousands of Cypriots following the Turkish invasion in July 1974 remains a festering wound for Cyprus....