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961. Investigating Russian remittances to Mount Athos

The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....

962. Greeks challenge legitimacy of Turkey-Libya deal

Libya's Tripoli government signed a preliminary deal on energy exploration on Monday, prompting Greece and Egypt to say they would oppose any activity in disputed areas of the eastern Mediterranean...

963. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

964. EU countries approve energy windfall levies, turn to gas price cap

European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....

965. Diffords Guide - Deejay Radio: Presenting the 3rd annual Cyprus Cocktail Festival

Deejay Radio presents the 3rd annual Cyprus Cocktail Festival in collaboration with international guide diffordsguide.com!...

966. Nouris requests UN assistance with irregular migration flows

Interior Minister Nicos Nouris has asked for the help of UNFICYP in dealing with increased migration flows in the government-controlled areas of Cyprus from the Turkish-occupied territories through the buffer zone....

967. UN's Stewart: The option of a mutually agreed solution is fading

"I am extremely concerned that the option of a mutually agreed settlement of the Cyprus problem, i.e. a formula for the reunification of the island acceptable to both sides, is fading and will not be available for much longer", UN Secretary General's Special Representative for Cyprus Colin Stewart says....

968. Finance Minister calls for prudency to safeguard economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

969. €100 increase in average gross monthly earnings in Q2 2022

The average gross monthly earnings of employees increased by €100 in the second quarter of 2022, according to provisional data, published by Cyprus Statistical Service on Wednesday. In particular, they reached €2,081, compared to €1,982 in the same period of 2021, recording an increase of 5%....

970. Greece accuses EU of using Med countries like a refugee ‘parking lot’

Greece on Monday urged the European Union to lift movement restrictions for refugees recognized by individual nations, accusing the bloc of applying a double standard when dealing with Ukrainians fleeing the war compared with the victims of other conflicts....

971. Forget Tokyo or L.A., this Czech Village is at the heart of the vinyl record revival

The heart of vinyl record making on Earth isn’t found in Tokyo or Los Angeles but rather belongs to a small Czech Republic village....

972. The embargo has its own history

The US decision to lift the embargo on the supply of military equipment to the Republic of Cyprus has a decades-long history and is linked to the embargo imposed on Turkey after its invasion of Cyprus in 1974. ...

973. Cyprus government working to promote LGBTQ+ rights

The government’s efforts to protect and further promote the rights of the LGBTQ+ group have gone from words to deeds, said Justice and Public Order Minister, Stephi Dracou during her speech at the 8th Pride Parade in Nicosia on Sunday....

974. SBA judge slams criminal justice system in Cyprus

A resident judge on the British Bases in Cyprus, who recently denied a removal request for two suspects in connection with an ongoing fake cocaine investigation, took the time in his remarks to issue a far-reaching indictment against the maladies of the Greek Cypriot criminal justice system...

975. NETFLIX airs film on Cypriot 'utopian' prison

The highly-anticipated NETFLIX documentary on Cyprus’ central prison aired this week, with the star of the series showing disbelief at the 'utopian' penitentiary that went from suicides to weddings under the direction of a reformist warden...

976. Council pulls plug on Cyprus' Titina Loizidou case

The Council of Europe has tossed aside the Titina Loizidou case, a human rights political football between Turkey and Cyprus, with Nicosia noting its disappointment after some countries decided to pull the plug after many years...

977. Gun report adds new twist in Azeri case

The Azeri suspect in a contentious thwarted plot against Israelis in Cyprus has admitted some charges essentially throwing a curve ball at the prosecution, with the defense raising serious questions over murder-for-hire conspiracy and terrorism accusations...

978. FT: The Bank of Cyprus/Lone Star deal is not just about price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

979. Western retaliation against Ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

980. Israeli minister in Nicosia as gas bargain heats up

Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...

981. US lifts embargo on Cyprus but with Russian caveat

Washington says it will go all the way in lifting an arms embargo on the Republic of Cyprus starting next month, but defense trade restrictions could be reapplied at any time if Nicosia fails to implement certain steps against Russia...

982. EC to force energy companies to share their profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

983. EU to set new rules on minimum wage

The need for the immediate adoption of an adequate minimum wage that will allow employees to live with dignity was discussed by the Plenary of the European Parliament on Tuesday, which is expected to vote on a relevant directive on Wednesday....

984. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

985. Alexandroupoli and the three-way barter

Turkish President Recep Tayyip Erdogan seems to be obsessed with the northern Greek port of Alexandroupoli. He’s furious about the American presence at this strategic port and realizes that it serves US interests vis-a-vis Russia at this critical juncture. ...

986. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

987. Cyprus continues special education debate

988. Cyprus hopeful about EU migration pact

The interior ministry in the Republic of Cyprus says an EU council draft that makes adoption of asylum and migration rules a priority includes a Green Line reference, seen by Nicosia as an important step in its attempt to block flows from the northern part seen by the south as 'instruments of Turkey'...

989. Eastmed clickbait clarified after ENI chief talks gas

ENI chief says the Italian company will fully replace Russian gas by 2025 by using additional resources from the eastern Mediterranean, a reference to Cyprus that was taken out of context by local media...

990. Euro-dollar exchange falls to a 20-year low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....