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631. €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%....

632. Sinkhole nearly swallows pickup truck in Paphos

A large sinkhole swallowed a pickup truck in a rural area of Paphos on Tuesday, with reports pointing to water erosion caused by a pipeline months after a historic overflow at the country’s fourth largest dam...

633. Where will Turkey be in a year from now?

The disputes with Greece will be useful ammunition for Turkish President Recep Tayyip Erdogan should he decide to manufacture a crisis that would divert attention away from his country’s economic disintegration. ...

634. 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....

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

636. Rhapsody courtesy stop unpacks Cyprus’ game plan

Cypriot officials were stoked on Tuesday when the Rhapsody of the Seas made a brief stop at the Ayia Napa Marina, a moment filled with high expectations for the island that hopes to attract cruise ships in its southeastern shores...

637. Kyriakides: Increased cancer screening in the EU imperative

A proposal for a new cancer screening system, which seeks to improve the early detection of cancer, was presented today by Health Commissioner Stella Kyriakides on behalf of the Commission....

638. Queen Elizabeth's funeral: The 'last hurrah' for Britain's longest reigning monarch

Elizabeth's ceremony and procession to be broadcast globally, with events expected to last nearly 12 hours...

639. Inflation still high but slowed to 9.6% in August

Harmonized inflation rose at a slower pace than in the previous month in August 2022, recording an increase of 9.6%, compared with August last year....

640. Thousands queue for one last goodbye (video)

Thousands of people from all walks of life filed past Queen Elizabeth II's coffin overnight as the body of Britain's longest-reigning monarch lay on display in Westminster....

641. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

642. First Greece, now Israel?

With the final trip of the Limassol-Piraeus ferry route looming, Kathimerini's Oriana Papantoniou speaks to the Deputy Minister of Shipping about whether or not the program was a success, the public's impression of the service and what could be improved in the long run. The Minister also suggested a possible ferry connection with neighboring Israel....

643. Public hospitals to be fully computerized in 24 months

Deputy Minister of Research, Innovation and Digital Policy Kyriacos Kokkinos announced on Monday that in 24 months, the computerization of public hospitals will be completed through the integrated health information system, the contract of which was signed at the Presidential Palace....

644. €19m funding for photovoltaics in National Guard camps

Cyprus Ministry of Defence has secured, through EU structural funds and in particular the Thalia Programme, €19 million to fund the installation of photovoltaic systems in National Guard camps, ...

645. Employment and working hours up compared to last year

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154 thousand, according to data published by the Statistical Service....

646. Banks imposing stricter lending standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....

647. Public schools to be digitally upgraded by 2025

The Cypriot Ministry of Education, Sports and Youth on Tuesday signed a €20 million contract for the provision of digital support services, paving the way for the transition towards digital public schools....

648. 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....

649. Russia has amassed huge profits from fuel despite sanctions

Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....

650. Kilograms of cash, diamonds, jewelry and a Picasso still lost after 25 years

Swissair Flight 111 from New York's JFK airport to Geneva, Switzerland, crashes off Nova Scotia, Canada, killing 229 people....

651. Price of halloumi will increase under PDO category

The Minister of Agriculture, Costas Kadis, expressed his satisfaction with the production of halloumi so far as a Protected Designation of Origin (PDO) product....

652. €835 million in tourism revenue in the first half of 2022

Tourism revenue reached €835.7 million in the first half of 2022, showing a large increase compared to the corresponding period of 2021, while in relation to the first half of 2019, the record year for Cypriot tourism, there is a decrease of 16.7%....

653. Washington reiterates gas hopes for entire region

The US state department has reiterated the American position on Cyprus' natural resources this week after ENI announced a new gas find south of the island, with a Cyprus News Agency report alluding to slightly altered language in the latest statement attributed to an official from across the pond...

654. Greek border with Turkey to be fully fenced-off

Responding to an apparent escalation in Turkish moves to push migrants into Greece over land and sea, the Council for Foreign Affairs and Defense (KYSEA) decided on Tuesday in favor of additional measures for the protection of the country’s borders....

655. Cyprus stoked about gas discovery’s EU prospect

Nicosia says preliminary estimates of a new gas discovery in the country’s exclusive economic zone raise the prospect that big players could still include the island in their plans to supply the European Union with much needed natural gas...

656. 2.5 tcf deposit discovered by ENI-TOTAL consortium in Block 6

The ENI TOTAL consortium made an important discovery of natural gas in Block 6. According to an official announcement by the Italian company,...

657. EAC: This is how corrections will be made on erroneous accounts

Since errors in electricity bills were discovered, the Electricity authority has received thousands of Viber and WhatsApp messages and emails with photos and meter numbers from panicked consumers trying to report the problem on their own bills....

658. Cyprus GDP up by 6.1% during second quarter of 2022

Cyprus recorded a positive GDP growth during the second quarter of 2022, according to a Flash Estimate announced on Wednesday by the Statistical Service of the Republic of Cyprus....

659. Turkish inflation surges to nearly 80%

Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....

660. Three scenarios for Turkish provocations in the East Med

Preparations are done and the Turkish drilling rig Abdul Hamid Khan is ready to sail to its destination, according to informed sources, but the location is yet to be announced. ...