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211. Telecom giant Primetel faces administration

In a recent development, Primetel, a prominent telecommunications company, has entered administration. The company officially informed the Office of Electronic Communications and Postal Services about this significant change in its status....

212. ChatGPT's rise sparks academic debates

ChatGPT, an artificial intelligence software based on advanced language models, capable of generating texts from corresponding programs, was put into use....

213. Varosha hotels now accepting bookings for 2025

The latest developments in Varosha have been brought to light by Yeni Bakis newspaper. ...

214. Cyprus' double triumph: Historic gold in European Athletics and bronze in Olympic sailing

Cyprus celebrated a historic gold medal at the European Athletics Under-23 Championships held in Espoo, Finland from July 13 to 16. Elena Kulitsenko, representing Cyprus, delivered an outstanding performance in the women's high jump final, securing the gold with her highest jump at 1.91m....

215. Carlos Alcaraz, the new Wimbledon championship's winner

World No. 1 Carlos Alcaraz beat reigning champion Novak Djokovic in a thrilling five-set men’s final on Sunday to win his first Wimbledon title....

216. Loan demand in Cyprus falls, interest rates rise

The Cypriot banking institutions are holding a small basket for demand in new loans....

217. Cyprus house prices on the rise, HPI increases 5.9%

House Price Index (HPI) recorded a 5.9% increase for the first quarter of 2023, marking its fifth consecutive quarterly growth compared to the same period in 2022, according to a preliminary estimate by the Statistical Service of Cyprus....

218. €2,500 allocated for bus stop development amid outrage

Pictures that have come to light in recent days have stirred up a wave of anger. One shows an elderly woman waiting for the bus at a shelterless stop in the July heat, leaning on a lamppost and holding her cane and shopping bags in her hands....

219. EU wants more independence for Cyprus prosecutor

The European Commission has stressed the need for Cyprus to strengthen the independence and the accountability of the Prosecution Service...

220. Fourth of July fireworks Illuminate the night sky

The Fourth of July is Americana at its core: parades and cookouts and cold beer and, of course, fireworks....

221. Cypriot delegation pounded with human rights questions

Cyprus’ law commissioner says her delegation received praise last week at a UN committee hearing in Geneva, but she also admitted that no country had a perfect record on human rights following a bombardment of questions on human rights...

222. Nicosia to appoint sanctions czar

The Cabinet on Wednesday decided on a series of measures and actions for the coordination on issues related to sanctions, Government Spokesperson Constantinos Letymbiotis announced...

223. Behind-the-scenes insights in parliament

Journalism is also called the "fourth estate," not because it has institutional power, but because it can function as a supplementary force in the governance of a place. ...

224. Limassol Beer Festival returns with a bang

The highly anticipated MEDFEST - Limassol Beer Festival is set to make its grand return for its fourth edition, promising an even bigger and more impressive experience....

225. Vienna retains top spot as most pleasant city to live in

Vienna maintains its position as the most pleasant city to live in, according to the annual rankings released by the Economist Intelligence Unit....

226. Cablenet: The Fastest Growing Mobile Network

227. Cyprus banking sector maintains stable solvency ratio

The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus on Wednesday....

228. Cyprus housing prices rise amid increased demand

During the fourth quarter of 2022, housing prices in Cyprus continued their upward trend, driven by increased construction costs and higher demand....

229. Determined man makes a run for it at Ledra crossing

A man was arrested on Tuesday near the Ledra crossing point in divided Nicosia, but little is known about the incident which ended up with Greek Cypriot officers who blocked his way to the south getting injured as he tried to make a run for it...

230. Minister highlights progress in migration management efforts

During a recent press conference on migration, Constantinos Ioannou, the Minister of Interior, discussed the current state of asylum applications and the return of irregular migrants to their countries of origin between March and May 2023. He emphasized the government's policies and measures to address these challenges....

231. Cyprus shines with 58 medals and national records in Malta

June started off on the right foot for Cypriot athletes participating at the 19th Games of the Small States of Europe, held in Malta. At the same time, Cyprus tops the list of medals with a total of 58 medals....

232. Porsche Cyprus celebrates the Grand Opening of the new corporate architecture concept ''Destination Porsche'', in Limassol

It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...

233. Kyriakides: 'Our goal now, medicines for all'

"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....

234. Q1 2023 sales reach €1.7 billion despite challenges

During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...

235. Cyprus' 2022 household assets reach €59.7B, debt at €20B

In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....

236. Gov't officials submit asset declarations: Who holds the most valuable property?

The deadline for submitting the Asset Declarations by members of the new Government, as provided by legislation, ends today, Thursday, April 27th....

237. 'The goal is 1,000 voluntary returns per month,' says Ioannou

The government of Cyprus has outlined a four-pillar plan to address immigration issues, according to Interior Minister Konstantinos Ioannou. The first pillar is to limit the flow of asylum seekers entering Cyprus, followed by managing asylum applications and reception areas more efficiently....

238. Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

239. Cyprus short-term rental bookings rebound in 2022, but still below 2019 levels

Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...

240. Home prices remain high despite recent dip

House Price Index decreased by 4% in the fourth quarter of 2022 and amounted to 108.03 units, compared to the third quarter, when it was at 112.51, according to a preliminary estimate of the Statistical Service, published on Tuesday....