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361. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

362. Tourism to drop by 10% in the Mediterranean

According to tourism agencies and experts, the high summer temperatures in Southern Europe could permanently change tourist habits, with more travelers choosing more relaxed destinations or taking their vacations in spring or autumn to avoid excessive heat. ...

363. Philippos Soseilos: Significant investment opportunities in Cyprus

364. Prioritizing profits over patient safety

Kelly Hanna underwent the amputation of her leg in 2020 after a Michigan doctor, self-proclaimed as the "leg saver," damaged her arteries while attempting to clear away plaque using metal wires....

365. Shanghai students do it Greek style

In the age of digital society and social media, a viral TikTok video has the power to transform lives and introduce an unexpected culture to the world. ...

366. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

367. Applications open for 'Rent in Exchange' program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....

368. Cablenet partners with Salesforce and Tech Mahindra

Cablenet is excited to announce its partnership with Salesforce and Tech Mahindra, which has led to the launch of a cutting-edge Customer Relationship Management (CRM) system. ...

369. Double the number of tourist transfers to the occupied territories

The arrival of 11 tourists in Cyprus, through the country's legal airports, and then a number of them arriving in the occupied areas, is not a daily phenomenon....

370. Loan demand in Cyprus falls, interest rates rise

The Cypriot banking institutions are holding a small basket for demand in new loans....

371. Proposed foreclosure reforms spark debate in Cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

372. Major banks hit by large-scale cyberattack

The banks Deutsche Bank, Commerzbank, and ING are among the dozens of companies that have suffered a large-scale cyberattack....

373. From ''lovers'' to ''doctors'': Cyprus confronts rising online fraud

Cyprus is witnessing a significant annual increase in online fraud cases, according to Andreas Anastasiades, the Director of the Electronic Crime Sub-Directorate. ...

374. TechIsland announces TechIsland Awards Finalists

TechIsland is happy to announce the shortlist of finalists for the 1st TechIsland Awards. The 260+ members of TechIsland were asked to submit their nominations for 7 different categories of awards, based on specific criteria, aiming to bring forward and shine a spotlight on individuals, projects and companies that are shaping the tech and innovation landscape of Cyprus....

375. Police contemplate revealing speed camera locations

Police are engaged in discussions regarding a potential new measure that could significantly impact how mobile traffic cameras are operated, according to a report on Philenews....

376. Parliament approves foreclosure law

A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....

377. The government's seven proposals for vulnerable individuals

Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....

378. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

379. €2,500 allocated for bus stop development amid outrage

Pictures that have come to light in recent days have stirred up a wave of anger. One shows an elderly woman waiting for the bus at a shelterless stop in the July heat, leaning on a lamppost and holding her cane and shopping bags in her hands....

380. Parliament to vote on law for borrowers' foreclosure appeal

The news from the "Oikonomiki Kathimerini" about the suspension of first home foreclosures up to €350,000 until the end of October has been confirmed. ...

381. EU wants more independence for Cyprus prosecutor

The European Commission has stressed the need for Cyprus to strengthen the independence and the accountability of the Prosecution Service...

382. Upshot from Israeli northern ventures spills into south

The president of the Cyprus Bar Association is fighting back accusations that his law firm was mixed up with an Israeli venture to develop properties in the northern part of the divided island, a development that has alarmed Nicosia in recent months...

383. President urges solution as foreclosure laws vote approaches

Cyprus is heading towards suspending first residence property foreclosures up to 350,000 euros until the end of October....

384. Gasoline and diesel prices expected to drop

Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....

385. Calls for redress in Irish mother and baby home scandal

Ten years after a dark discovery was made in the west of Ireland, Euronews takes a look at the grim legacy of the maternity homes that were still in operation until the end of the 20th century. ...

386. Cyprus’ neighbor to add another lane for gas export

Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports...

387. Cyprus asserts maritime cluster advantage

Shipping Deputy Minister, Marina Hadjimanolis highlighted the competitive advantages of the Cyprus Shipping Cluster and underlined the government's strong commitment to the shipping sector...

388. Nicosia to appoint sanctions czar

The Cabinet on Wednesday decided on a series of measures and actions for the coordination on issues related to sanctions, Government Spokesperson Constantinos Letymbiotis announced...

389. Petrol station owners protest fuel supply from occupied territories

The Pancyprian Association of Liquid Fuel Retailers launched a protest on Wednesday at 11:00, as petrol station owners blocked the entrance of the St. Dometius barricade with their tankers....

390.  Land sales surge in Akamas

The irregularities observed within Akamas' protected area, as highlighted in last Sunday's report by "K," appear to be just one aspect of a broader issue emerging in anticipation of the implementation of the local plan in September....