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1831. 'FTX-style crypto crash won’t happen in Europe'

The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....

1832. ICT specialists crucial as 80% of companies still allow remote work

According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....

1833. Minister says efforts to promote Cypriot wine bear fruit

Energy Minister Natasa Pilides, who also oversees Commerce, said Wednesday that the first National Action Plan to promote Cypriot wine seem to be bearing fruit, as exports of wines in 2021 saw a rapid increase over 60%...

1834. Cyprus gets taste of EU’s €85 million with a caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

1835. Austria to EU: Deport refugees to Rwanda pending asylum approval

The Austrian Interior Minister, Gerhard Karner, has called for the EU to establish asylum procedures in safe third countries, similar to models that Denmark and the United Kingdom have agreed to operate....

1836. Cyprus helps uncover VAT carousel fraud

Cypriot authorities swung into action after an investigation of fraudulent activity in Portugal was expanded through the European Public Prosecutor’s Office, with several companies on the island reportedly linked to a scheme that cost Lisbon tens of millions in tax revenue...

1837. Bird flu: 'No reason to panic', says Minister

There is no reason to panic, the situation is manageable and all the protocols of the Health and Agriculture Ministries have been implemented from the first moment for the avian flu cases detected in Famagusta district, said the Minister of Health, Michalis Hadjipantela, after his meeting on Wednesday with the competent authorities on the matter....

1838. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

1839. Averof: 'Technology firms can't find qualified Cypriot workers'

Averof Neophytou, Presidential Candidate and President of the Democratic Rally, stated after his visit to Murex that the global and Cypriot markets are in need of programmers and technology professionals....

1840. Cyprus leads the EU with nearly 7000 repatriations

The European Commission's High-Level Network on Returns will hold its second meeting in Cyprus on December 1-2....

1841. ETIAS set to enforced by November 2023

The work on the European Travel Information and Authorisation System (ETIAS) has moved forward, with the European Border and Coast Guard Agency (Frontex) revealing on Monday that a new body will be responsible to ensure the system functions in accordance with fundamental rights has started its work....

1842. Cypriot defense minister visits Serbia

Cyprus’ Defence Minister, Charalambos Petrides was on an official visit to Serbia on Tuesday during which he discussed with his Serbian counterpart, Milos Vucevic, the relations of the two countries in the field of defence and security, as well as current developments ...

1843. Wasted food can feed starving people worldwide four times over

Food waste is one of the most important challenges we are faced with today, Agriculture Minister Costas Kadis said on Tuesday, adding that it leads to serious economic, social and environmental repercussions on the entire planet....

1844. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

1845. Program to combat desertification in Cyprus and Greece gets underway in Nicosia

LIFE AgrOassis, a program that aims to tackle the desertification of land in Cyprus and Greece, kicked off today, during an event in Nicosia....

1846. Kasoulides: Cyprus solution a 'win-win' if there is political will

The solution to the Cyprus problem could be a win-win situation for all stakeholders, Foreign Minister Ioannis Kasoulides has said, adding that there is a great possibility for this provided that there is political will....

1847. Greek Navtex is a message to Libya

The navigation warning issued by Greece on Saturday expanding the area of seismic surveys for oil and natural gas deposits off the coast of Crete was in response to a request by US oil firm ExxonMobil, which has been granted exploration rights, but also serves a geopolitical purpose...

1848. Cyprus takes no chances after cases of bird flu

Health officials in the Republic of Cyprus remain on alert after cases of avian flu have been detected on the island, where two private farm owners are self-monitoring and about a thousand birds are to be killed out of an abundance of caution...

1849. Cyprus wants to get in on fast-track gas to EU

Cypriot President Nicos Anastasiades is calling on Brussels to help encourage companies to move fast and include the island in plans to supply Europe with natural gas from the eastern Mediterranean...

1850. The effects of Global warming on banks and insurance companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

1851. More Russians visiting Spain despite EU sanctions

The number of Russian nationals who are reaching Spain for travel purposes keeps increasing despite flight sanctions continuing to remain in place....

1852. UN invites divided Cyprus’ leaders to a social

The two community leaders of divided Cyprus will mark the end of 2022 next month during a social event hosted in the UN buffer zone, with the encounter taking place at a time when chances for new peace talks range from slim to none...

1853. EU struggles with Russian oil price cap

European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...

1854. Tatar: Countries reluctant to recognize pseudo-state due to threats

1855. Brussels urging guidelines for NGO boats in the midst of France-Italy migrant dispute

The European Commission is pushing to create guidelines for the NGO boats rescuing migrants off Europe’s shores as part of a plan to reduce the number of asylum seekers heading to the Continent....

1856. More routes and airline seats for the winter

The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...

1857. EC proposing a ceiling of 275 euros per megawatt hour for natural gas

Energy Commissioner Kadri Simson announced at a press conference in Brussels yesterday that the European Commission is proposing to cap the price of natural gas at 275 euros per megawatt hour for next month's TTF contracts....

1858. Turkey says S-400 ready for use if needed

Turkish Defense Minister Hulusi Akar says his country’s Russian-made surface-to-air missile batteries are ready for action and will be used if the country is threatened...

1859. Kasoulides negotiates migrant repatriations with Congo and Cameroon

Cyprus’ Foreign Minister, Ioannis Kasoulides, discussed with his counterparts from the Congo and Cameroon the start of bilateral negotiations with the aim of reaching agreements for the readmission of migrants, the Ministry said on Tuesday in a written statement....

1860. Airlines pushing for single-pilot flights

Airlines around the world are pushing for only one pilot in the cockpit of passenger jets as part of efforts to cut costs and decompress from staff shortages....