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601. 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). ...

602. 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....

603. Energy Minister deliberates potential 6% electricity bill increases

The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....

604. Transgender athletes shake up women's volleyball game

In a surprising turn of events, a women's college volleyball match in Canada witnessed the participation of five transgender athletes, igniting a heated debate on fairness and safety in sports....

605. European Central Bank considers rate cut, Spanish Governor suggests

The European citizens should know that that the European Central Bank’s next move will be a rate cut, Governor of the Bank of Spain and ECB Governing Council member......

606. Boeing faces setback as 737 Max jets require rework due to mis-drilled holes

Boeing is facing a new setback in the production of its 737 Max jets, as approximately 50 undelivered planes will require rework due to a manufacturing problem. ...

607. 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....

608. Cabinet approves €17M sponsorship scheme for business energy upgrades

The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....

609. Houthi threats target Red Sea internet backbone

Telecom companies affiliated with the UN-recognized Yemeni government expressed concerns on Sunday over potential sabotage plans by Houthi rebels targeting a network of submarine cables in the Red Sea....

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

611. Cyprus set to join Great Sea Interconnector project

In a significant move aimed at enhancing regional energy cooperation, Cyprus is considering participation in the ambitious Great Sea Interconnector project, according to statements from government officials....

612. Biden enacts sanctions against Israeli settlers in West Bank

The executive order issued by President Joe Biden on Thursday targets Israeli settlers accused of violence against Palestinians and Israeli peace activists in the West Bank....

613. US senators grill social media CEOs over child safety concerns

In a heated session on Wednesday, U.S. senators confronted leaders of major social media companies, urging swift legislative action to address escalating threats of sexual predation targeting children on their platforms....

614. 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....

615. 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....

616. 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....

617. President Christodoulides set for key talks with UN envoy

President Christodoulides announced on his arrival at the European Council's emergency summit that he will have another meeting with the UN Secretary-General's personal envoy, Maria Angelina Olguin Quejar, on Friday afternoon....

618. 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......

619. Cyprus secures 25% stake in epic electric cable project

In the midst of a countdown, the government finds itself deeply engaged in one of the Eastern Mediterranean's most monumental energy endeavors....

620. 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....

621. 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....

622. UNRWA faces EU investigation over Hamas attack allegations

The European Commission has urged the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to grant permission for EU experts to conduct an urgent financial audit....

623. Hungary's economy targeted in EU retaliation plan

In a tense diplomatic standoff, officials in Brussels have allegedly devised a clandestine strategy aimed at Hungary's economy should Prime Minister Viktor Orbán persist in blocking a €50 billion support package for Ukraine....

624. Cypriot MPs decry threats to media freedom at European Assembly

Cypriot MPs Yiorgos Loukaides and Christiana Erotokritou spoke about the importance of freedom of speech and on the increasing......

625. Transport for London accused of exploiting EU drivers for fines

European governments allege one of the largest data breaches in EU history as Transport for London (TfL) accused of illegally obtaining personal data for fines....

626. Bank of Cyprus gears up for investment talks in New York

Bank of Cyprus has packed its bags for New York as it gears up to meet with the investment community at the Athens Stock Exchange's conference in collaboration with JPMorgan on the 25th of this month. ...

627. Will the far-right push Germany towards a Dexit?

In an exclusive interview with the Financial Times, Alice Weidel, leader of Germany's far-right Alternative für Deutschland (AfD), expressed support for a ''Dexit'' referendum, citing the UK's Brexit as a model for Germany. ...

628. Restoring Ammos tou Kampouri – before and after (images)

The Cypriot ''monument'' to the audacity surrounding the naturalization program, manifested as an environmental crime on the beach "Ammos tou Kampouri" in Ayia Napa, remains an unresolved issue that competent authorities sought to address following public outcry....

629. Government's €6.6M solar project powers education sustainably

In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings. ...

630. Deal in the works for CNP Cyprus

The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...