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511. Cyprus and Greece report lowest EU foreign investment

Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy. ...

512. Banks urged to accelerate loan restructurings

The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....

513. Greece joins 28 nations in recognizing same-sex families

In a groundbreaking move, Greece has joined over 37 nations in granting recognition and equal rights to families with same-sex parents....

514. Cyprus confirms extensive gas find in 'Cronos-2' project

The Ministry of Energy, Commerce, and Industry announced the successful completion of the assessment drilling operations for "Cronos-2" within Block 6 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus....

515. Cyprus' 3.7% greenhouse gas increase stands out in EU

In the third quarter of 2023, greenhouse gas emissions through economic activity had increased by 3.7% in Cyprus and decreased by 7.1%......

516. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

517. Cyprus trade deficit soars to €8.57 Billion in 2023

Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....

518. Global academics rally against India's Great Nicobar development project

In a fervent plea echoing concerns of humanitarian and environmental repercussions, academics worldwide have implored India to halt a monumental development initiative on Great Nicobar Island....

519. Deputy Mayor paychecks stir controversy in municipality overhaul

The upcoming implementation of local government reform, scheduled for July 1, is marred by distortions and overlooked techno-economic data, leading to non-viable municipalities. ...

520. US Ambassador: Cyprus vital for regional stability

In an era defined by conflict and rapidly changing geopolitical landscapes we see just how crucial Cyprus’ role is as a secure pillar of stability in the Eastern Mediterranean region, US Ambassador Julie Fisher said Thursday, addressing an event at the University of Cyprus....

521. Moody's sees positive shift in Cyprus economy

In a webinar panel discussion hosted by the Cyprus Economic Society, Haiko Peters, Vice President and Senior Analyst at Moody's Sovereign Risk Group, emphasized sustained improvements in the Cypriot economy....

522. Government to receive €1.2B for green transition and resilience plan

Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...

523. Cyprus embarks on €8 billion growth spree with major projects

In a recent press release, the Association of Large Investment Projects affirmed that Cyprus is poised for sustained economic growth, with a portfolio of major projects exceeding €8 billion. ...

524. Electricity subsidy extends to vulnerable consumers until February's end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

525. UN envoy Cuellar initiates diplomatic odyssey in Cyprus talks

Maria-Angela Olguin Cuellar has been in Athens since Monday morning, following her departure from Cyprus, where she engaged with key figures including the former President, Nikos Anastasiades......

526. Putin and Erdogan set to explore Russian-Turkish bank formation

Moscow and Ankara are set to discuss the establishment of a bank serving Russian and Turkish interests, among other topics, during the upcoming week, according to the Kremlin....

527. Curbing food waste for a greener tomorrow

Food waste poses a pressing issue requiring attention, contributing to uncontrolled food production and straining natural resources. Humans, as the predominant species on the planet, occupy a significant portion of land for food production....

528. Is dining out turning luxurious?

It's no secret that our favorite cafes and fast-food joints are becoming increasingly expensive, leaving a bitter taste in the mouths of consumers. The recent surge in prices, fueled by the relentless march of inflation, is reshaping our spending habits and challenging our wallets....

529. Consumer alerts raised over potential fuel price hikes

Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....

530. University of Nicosia earns PRME Champion title for sustainability commitment

The University of Nicosia is proud to announce that it has been selected as a PRME Champion for the 2024-2025 cohort. This prestigious recognition is awarded by the Principles for Responsible Management Education (PRME), a United Nations-supported initiative....

531. T/C's want incentives from G/C's to return to talks

''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...

532. Bank of Spain governor to engage in economic talks with Cyprus officials

533. Biden praises job growth, declares US economy 'strongest in the world'

President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....

534. Cypriot farmers' protests send ripples across Europe

The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....

535. EU leaders reach agreement on 50-billion-euro fund for Ukraine amidst Orban standoff

European Union leaders, after weeks of tense negotiations, have secured a breakthrough agreement, compelling Prime Minister Viktor Orban of Hungary to endorse a 50-billion-euro fund for Ukraine....

536. Government raises minimum wage to €1000, boosting income for 25,000 workers

In a move aimed at bolstering the income of low-wage earners, the Ministry of Labour and Social Insurance has announced a significant rise in the National Minimum Wage, effective this January....

537. Cyprus among TOP 10 intolerant countries in Europe

The University Field Research Centre, PAKEPE, of the University of Cyprus unveiled troubling findings from the 2022 European Social Survey (CSR), indicating prevalent xenophobic sentiments within the island nation....

538. Lagarde warns of potential economic threats to Europe under possible Trump return

In a recent exclusive interview with CNN's Richard Quest, European Central Bank President Christine Lagarde cautioned Europe to brace itself for potential economic challenges......

539. Interest rates extended, borrowers face dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

540. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....