Search

271. Interior Ministry wants to eliminate permits for small developments

The Ministry of Interior has introduced a comprehensive plan featuring 22 measures aimed at simplifying and expediting the examination of planning applications....

272. ECB keeps watchful eye on non-performing loans

The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...

273. The Israeli war's impact on economy and energy prices

Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....

274. A Cyprus Airways aircraft scheduled to operate flight CY381 was delayed as a precautionary measure due to technical reasons

A Cyprus Airways aircraft scheduled to operate flight CY381 from Charles De Gaulle, (CDG) Paris, France yesterday (Monday, October 2nd) was delayed as a precautionary measure due to technical reasons....

275. E-kalathi takes on soaring fuel and food prices

The ongoing debate within the House Commerce Committee regarding the Retail Price Recording and Monitoring Bill has become both tiresome and contentious....

276. NYC drowns under state of emergency from flooding

New York City began drying out Saturday after being soaked by one of its wettest days in decades, as city dwellers dried out basements and traffic resumed on highways, railways and airports that were temporarily shuttered by Friday’s severe rainfall....

277. Transport Department looking for solutions to unpaid fines

In efforts to address unpaid fines stemming from the photo-identification system, the Department for Transport is exploring potential remedies....

278. Delta offers $4,000 for flight delays

Overbooked flights are becoming more and more commonplace as airlines look to maximize capacity and profits. And smart flyers who aren’t in a rush can capitalize on those crowds, sometimes in a big way....

279. Elk on the loose causes metro meltdown in Stockholm

Traffic resumed on Stockholm's red metro line on Wednesday afternoon after an elk who got loose on the tracks was shot dead....

280. Gatwick airport cuts flights amid covid outbreak

281. Cyprus' 'Photovoltaics for All' cuts electricity costs by 50%

In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....

282. Turkey and Israel forge energy partnership, mend ties

Turkey and Israel will soon begin taking joint steps in energy drilling, President Tayyip Erdogan was cited by Turkish media as saying on Thursday, adding the two countries would also operate energy networks to Europe through Turkey....

283. Consumers revolt as rising prices trigger surge in complaints

In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...

284. AKEL blasts government amid rising bank profits

The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....

285. Fattal Group acquires yet another holiday property in Cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

286. Cyprus boosts energy sector with €104m revamp

The Republic of Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPower EU chapter with an additional allocation of €104 million....

287. Chlorakas attack highlights growing racial tensions in Cyprus

The violent attack on Syrian residents in Chloraka last Sunday during a community demonstration related to the refugee-migration issue represents a failure on multiple fronts....

288. Fueling futures: Scholarships in energy studies await!

Following the Ministry of Energy, Commerce, and Industry's announcement regarding scholarships for studies related to Hydrocarbons (Natural Gas and Oil), Renewable Energy Sources (RES), and Energy Transition,...

289. Tourist arrivals and revenue soar

An increase in both tourist arrivals and tourism revenue has been recorded in Cyprus this year, said Deputy Minister of Tourism, Kostas Koumis....

290. UK air traffic system issue causes ongoing turbulence

Disruption to air travel continued into Tuesday after the UK's air traffic control systems suffered a "technical fault" on Monday morning....

291. Ukrainian soldiers target alleged Russian munitions store

Newly-released footage shows Ukrainian troops creating a huge explosion by dropping what they said was a grenade on a hidden Russian ammunition store....

292. Cyprus converts ship to boost natural gas integration

Good news has emerged regarding the development of the LNG Terminal in Cyprus and the introduction of Natural Gas to the region. The conversion of the ETYFA ship Prometheus into a floating LNG regasification and storage unit (FSRU) is now finished....

293. 70 flights cancelled during German storms

Due to heavy rainfalls over Frankfurt, dozens of flights were canceled at Germany's largest airport on Wednesday....

294. The triumphs, challenges, and unity in the mountains of Limassol

The specter of the formidable Arakapa fire reawakened as an eight-and-a-half-square-kilometer blaze surged through Mountain Limassol. ...

295. Corporate loans above €1 million surge

The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....

296. Europe dominates 7/10 searched summer getaways

The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....

297. When drugs for weight and diabetes backfire

Joanie Knight has a message for anyone considering drugs like Ozempic or Wegovy, which have become popular for the dramatic weight loss they can help people achieve....

298. Rapid expansion for Cyprus Airways

Cyprus Airways in the first half of 2023 carried a total of 260,000 passengers marking a steep increase of 300% year on year, while it doubled its operations compared with June of last year....

299. Ryanair to resume flights despite Greece wildfires

Ryanair has issued an update to UK holidaymakers on flights to Greece as the country battles raging wildfires amid a record-setting heatwave....

300. Petrides tweets expose EuroAsia Interconnector's risks

A series of points accompanied by questions were posted on Twitter by former Minister of Finance, Constantinos Petrides, commenting on the developments regarding the evaluation of the sustainability of the EuroAsia Interconnector project, the electric interconnection project between Cyprus, Greece, and Israel. ...