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2611. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

2612. PCR tests to be required for passengers arriving from China

All passengers arriving to Cyprus from China from 15 January will need to show a negative PCR test performed 48 hours before their departure, the Cabinet decided on Wednesday. It also decided on the central management of Intensive Care Unit (ICU) beds....

2613. Exports of halloumi at 1.34 billion over the last 5 years

Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...

2614. Man murdered for a mere 200 euros

The brutal murder of 61-year-old Dorotheos Dimitriadis on January 4 in Latsia by a group of people who beat him mercilessly has shocked the country....

2615. Dispute resolution services a more cost effective way to resolve issues

Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...

2616. Elderly man killed instantly in Limassol car crash

An elderly man in Limassol died on Monday when his car slammed into a tree, with reports saying the unrestrained driver hit the passenger side after being propelled the from his seat...

2617. Nikos Christodoulides: Discussing changes to the Guterres framework

"I didn't hear anyone mention Mr. Kasoulides, the foreign minister, after the wreckage in Crans Montana. Nobody could blame him. He was not the most directly involved, nor was he the one who would take the final decisions..." ...

2618. Spain's irregular migration decreased by 25.6% last year

Data provided by the Spanish Ministry of the Interior has revealed that irregular immigration to Spain during the past year decreased by 25.6 percent, from 41,945 arrivals recorded in 2021 to 31,219 in 2022....

2619. 9.2 million passengers traveled through Cyprus in 2022

A total of 9.2 million passengers traveled through Cyprus airports in 2022, which corresponds to 82% of passenger traffic in 2019, Senior Director of Aviation Development, Marketing & Communication of Hermes Airports Maria Kouroupi said....

2620. Cyprus is in the midst of the new 'Narcos'

Since December 20, cannabis has been washing up on the shores of free and occupied Famagusta, specifically over 100 kilos of packaged Indian hemp were collected by police....

2621. Excavations reveal rare feature in prehistoric Cyprus

The 2022 excavations at Chlorakas-Palloures which have been completed have yielded important information on the Chalcolithic period, between 3500 and 2500 BC in Cyprus, the Department of Antiquities of the Ministry of Transport, Communications and Works announced on Wednesday....

2622. The plan to bring in more German tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....

2623. Projects in excess of €48 million will begin in the first quarter of 2023

Projects worth more than €48 million will be tendered in the first quarter of the year under the Cyprus Tomorrow Plan, according to Government Spokesman Marios Pelekanos....

2624. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

2625. No travel restrictions for Chinese arrivals in Greece and Switzerland

Greece and Switzerland will not impose travel restrictions for arrivals from China despite the current COVID-19 situation on the latter....

2626. Andreas Christou's disappearance is shrouded in mystery.

The disappearance of 35-year-old wanted man Andreas Christou in connection with the attempted murder committed on December 4 in Oroklini, during which a 42-year-old man and a 6-year-old child were injured, is shrouded in mystery....

2627. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

2628. How concerned is Cyprus about China?

Europe has been put on alert by the rapid increase in coronavirus cases in China, following the lifting of the zero covid policy, with member states' health authorities consulting on possible measures to be imposed on Chinese travelers. ...

2629. What consumers should lookout for as January sales begin

The Ministry of Commerce is intensifying its market checks due to the January sales, especially in clothing and footwear stores. At the same time, consumers are urged to be informed of their rights and to be particularly careful about cases of misleading advertisements....

2630. Russians flying to northern Cyprus sextupled in 2022

The number of Russian nationals who flew to northern Cyprus went up sixfold last year, when calls for direct flights in the unrecognized part of the divided island gained traction after an EU flight ban in the south...

2631. Nikos Christodoulides’ program for the next five years

Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...

2632. Cypriot judge slams Chinese justice in extradition case

A Cypriot judge denied last week an extradition requests citing a lack of fair trials in China, a decision said to be a precedent for many other cases on the island, in Europe, and around the world...

2633. Cyprus, EU in a quandary as China eases travel curbs

Cypriot Health Minister Michalis Hadjipantela has called a meeting to discuss China’s easing curbs on international travel, but there were mixed signals as to what guidelines are being followed at the EU level...

2634. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

2635. Four year old with strep throat transferred to Israel

2636. WOLT delivery drivers: Labor violations confirmed, fines to be imposed

Following interviews with 94 deliverymen working for an online platform, the director of the Labour Relations Department of the Labour Ministry, Antis Apostolou, said on Wednesday that violations relating to undeclared work and non-licensing to employ third-country nationals have in some cases come to light....

2637. Stolen 8th century BC jug returned to Cyprus

A Cypriot jug from the 8th century BC that was offered for sale on the Dutch art market, and which appeared to have been smuggled out of Cyprus shortly after the Turkish invasion of the island in July 1974, was recently returned to the Republic of Cyprus....

2638. Cypriot team in Antarctica to plant flag on Xmas Day

Α Cypriot team will be in Antarctica on 25 December 2022, in the coldest, highest, windiest, and driest continent on Earth, where the lowest earth temperature - 89.2 C, of all time, has been recorded, as part of the national program "Flag of the Republic of Cyprus on the highest peaks of the world" which is under the auspices of the President of Cyprus and the National Olympic Committee...

2639. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

2640. Is your organization Agile enough to embrace what tomorrow brings?

The transformation imperative is urgent, challenging and opportunity rich. Leaders are reframing their businesses to adapt to a new landscape by innovating their business model, elevating their customer experience, and finding new ways to leverage data and technology. This demands a careful balance: sustaining performance while investing in the skills, technologies, and agile ways of working to accelerate growth and create new opportunities. EY Agile practitioners place humans at the center of the organization, leverage technology at speed and innovate at scale....