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2101. The future of the banking sector is digital, green and social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

2102. House scrambles to keep ships under Cyprus flag

The House health committee in the Republic of Cyprus is scrambling to amend healthcare legislation in a race against the clock, following reports that ship owners are trying to take their business elsewhere to avoid having to pay GESY tax...

2103. Energy poverty: The nightmare that everyone is attempting to alleviate

"Energy poverty is a major social issue with a direct impact on health that affects approximately 54 million Europeans. High energy prices, low incomes, and damp, unhealthy homes with poor insulation all contribute to higher rates of energy poverty," according to a statement published on the website of the European Committee of Regions on June 2019....

2104. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

2105. 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....

2106. Cyprus' pothole app ready to go

Potholes are undoubtedly a persistent issue on Cyprus's road network, causing discomfort to the majority of drivers....

2107. 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....

2108. 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....

2109. 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....

2110. Nord Stream pipeline mystery leak takes center stage

Suspicious leaks in the two Russian gas pipelines (Nord Stream 1 & 2) in the Baltic Sea are likely the result of sabotage, officials in Denmark, Germany and Poland have warned, heightening concerns about Europe's "long, hard, winter" with regard to Russian gas - due to the ongoing war in Ukraine....

2111. Kasoulides on Bloomberg: Cyprus concerned by Aegean Sea rhetoric (video)

Cyprus is wary of getting drawn into a potential conflict between Greece and Turkey as rhetoric between the countries intensifies, Cypriot Foreign Minister Ioannis Kasoulides said....

2112. Iran: Protests continue for 10th night, at least 41 dead

Iranians have taken to the streets for a 10th consecutive night to protest against the death of Mahsa Amini in defiance of a warning from the judiciary....

2113. COVID: Over 1,100 people receive 4th vaccine dose in Cyprus

A total of 1,119 persons have so far received the 4th COVID vaccine dose, since September 20, deputy director of nursing services Evagoras Tambouris told the Cyprus News Agency....

2114. Cyprus Voice for Animals to hold protest at Presidential Palace on Oct 1st

Cyprus Voice for Animals will be holding a demonstration in front of the presidential palace on Saturday, October 1st. The animal welfare organization is calling on the government to train and empower the Animal Police in Cyprus so that they can strictly enforce animal welfare laws that are already in place....

2115. 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...

2116. EU flip flops on Russian coal after Cyprus cries foul

The shipping industry in the Republic of Cyprus can breathe a sigh of relief after the European Commission eased sanctions against Russian coal, following objection from Nicosia that saw stricter guidelines as a direct blow to its competitive advantage...

2117. Reduced excise tax on fuel extended until mid-January

The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....

2118. Yeni Safak: Flights from Moscow to the occupied territories via Antalya

Flights from Russia to the occupied territories will start in November via Antalya, according to the pro-government Turkish newspaper Yeni Safak, which reports that Turkish President Tayyip Erdogan will be on the first flight....

2119. Direct flights from Larnaca to Heraklion on TUS

For the first time in its history, TUS Airways will start offering direct flights from Larnaca to Heraklion, Crete. The Larnaca - Heraklion route starts on 16 December, with flights twice a week, Monday and Friday, and a fare from just €59 one way....

2120. Apple, Facebook and NFT's at this year's Digital Agenda summit

The Digital Agenda Summit 2022 will be held on October 17th. This annual event, now in its third year, features renowned speakers from all over the world who will discuss topics ranging from technology, innovation, climate change, politics and current events....

2121. 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...

2122. EY Cyprus to present findings of 2nd ΕΥ Attractiveness Survey at Cyprus Attractiveness Forum: Investment Realized on 25 October

EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....

2123. Cypriot president criticized for snubbing Lavrov

A Nicosia professor says Cypriot President Nicos Anastasiades’ decision to snub Russian Foreign Minister Sergei Lavrov at the last minute was 'unwise' and a 'missed opportunity' after hearing the government spokesperson on state radio citing guidelines from Brussels...

2124. California to allow human remains to be composted and used as soil

California will begin offering the option of human composting after death thanks to a bill recently signed into law that aims to tackle climate change....

2125. 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...

2126. EY Cyprus recognized by International Tax Review as National Transfer Pricing Firm of the Year for the fourth consecutive time

For the fourth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...

2127. Self check-in and robots - the future of tourism in Cyprus

2128. Yes, Queen Elizabeth watched The Crown

A few days after the death of Queen Elizabeth II and a period of mourning in Britain, many began to wonder how many well-kept secrets of the monarch's personal life could emerge....

2129. No more plastic bags in supermarkets from October 1st

In October, Cyprus will take action and reduce the use of plastic, according to a bill passed in 2022 that comes into force on October 1. Consequently, from the first of October, products such as plastic cotton swabs, cutlery, plates and so on will be banned from the market....

2130. Reuters: 'escape' flights from Russia skyrocket after military draft begins

A sharp rise in internet searches and the purchase of tickets for flights "fleeing" from Russia is reported by Reuters, in the wake of the partial conscription announced by Vladimir Putin, seven months after the invasion of Ukraine....