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1051. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

1052. Request for 200,000 euros in overtime pay for state officials withdrawn

Irene Piki, the Deputy Minister to the President, has announced the withdrawal of a request for more than 200 thousand euros in funds to cover overtime pay for state officials working at the Presidential Office. She revealed this on state radio's Morning Routes program, specifying that the request was related to one specific person....

1053. Unprecedented disasters prompt urgent calls for risk assessment review

Unfortunately, this year has been a game changer in terms of risk prediction as the scale and impact of recent disasters has been unprecedented, Dr. George Boustras, ...

1054. Digitizing the state for modern times

The digitization of the state is not just a challenge for modern society; it must be a top priority....

1055. Is Cyprus banking sector heading for a shake-up?

The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...

1056. Techisland powers up Digital Agenda Cyprus Summit

The Digital Agenda Cyprus Summit is delighted to announce its collaboration with "Techisland" as the primary sponsor of the "Alpha Stage" platform, whose objective is to promote startups in Cyprus and the wider region....

1057. Cyprus aims to shine with 'Cypriot Red Soil Potato' in European market

Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....

1058. Confronting racism and the far-right threat

The awful attacks on migrants, refugees, and others in Chloraka and Limassol were not sudden but rather a predictable continuation of a long-standing problem....

1059. Appalling lack of accessibility revealed at Nicosia bus stop

Disturbing images have surfaced, shedding light on the dire condition of a bus stop in Nicosia, where an elderly disabled individual was found waiting in distress....

1060. EU Commission's roadmap for seamless social security services

European Commission has proposed concrete steps to further digitalise the coordination of social security systems in Europe, in a dedicated Communication....

1061. ERC's €628M investment sparks scientific renaissance among young scholars

The European Research Council (ERC) has announced today the winners of the latest round of its Starting Grants....

1062. Recovery and Resilience measures target non-performing loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

1063. Cabinet greenlights WHO local office

The Cabinet has greenlit the establishment of a World Health Organization (WHO) Country Office in Cyprus, as confirmed in a statement released by Health Minister Popi Kanari....

1064. Venice to charge €5 entry fee to tackle over-tourism

Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....

1065. Consulco: London Credit Fund’s new investment opportunity secured against UK commercial properties

The London Credit Fund New Compartment offers even higher returns to investors....

1066. European law puts online platforms at risk of fines and sanctions

Major online platforms risk fines and sanctions if they violate the new European law on digital services that came into force end of August and which, inter alia, makes online platforms legally responsible for the content posted on them....

1067. Cyprus boosts energy sector with €104m revamp

The Republic of Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPower EU chapter with an additional allocation of €104 million....

1068. Wargaming to divest 6.8% stake in Hellenic Bank to Eurobank for €65.9 million

Wargaming has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank. ...

1069. Limassol community raises over 20,000 euros for Dao's vandalized business

In Limassol, a local woman named Dao found herself at the center of a community outpouring of support after her business was vandalized by unidentified individuals wearing hoods....

1070. Arab tourists face violence during Cyprus protest

Tourists of Arab origin were attacked during the recent protest against migrants on Friday....

1071. Former Finance Minister continues to question EuroAsia project

Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....

1072. Assessing school preparedness: Are they ready for the first bell?

Education is finalizing preparations for the upcoming school year, set to commence on September 7 for secondary and September 11 for primary education. ...

1073. Fueling futures: Scholarships in energy studies await!

Following the Ministry of Energy, Commerce, and Industry's announcement regarding scholarships for studies related to Hydrocarbons (Natural Gas and Oil), Renewable Energy Sources (RES), and Energy Transition,...

1074. Akamas landowners displeased with compensation delay

The community councils have started expressing their unhappiness after yesterday's announcement of compensation measures for the Akamas communities by the Minister of Interior and Agriculture, Rural Development, and the Environment....

1075. Where does the 12% tax revenue go?

The Turkish Cypriot press is discussing recent land sales in the occupied area today. According to the Press and Information Office, the "Güneş" newspaper reported that Hasan Sungur, who leads the Real Estate Agents Union, supports businessman Ali Osman Safa's warning to politicians. Safa cautioned against making the property crisis worse, and Sungur agrees that this warning is valid and reasonable....

1076. Compensation plans unveiled for Akamas communities

Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...

1077. AKEL's bold demand: Tax bank profits to power people's pockets

The AKEL political party is urging the government to take immediate action to alleviate the financial strain on Cypriot households by taxing banks' surplus profits and redirecting the funds towards fuel and electricity subsidies....

1078. The strange messages above Italy's beaches and the Anti-Pope theory

Messages transported by small planes over Italy’s beaches this summer have spread the debunked conspiracy theory that Pope Francis is not the legitimate head of the Catholic Church. ...

1079. Academics weigh in on Chlorakas' violent turn

Academics from the fields of psychology and political science are presenting an interpretation of recent events in Chloraka. The events involved a protest march by local residents over the migration issue, which took a dramatic turn with incidents of beatings, property destruction, and individual arrests. ...

1080. Cyprus Open University gets €2.6 million for tech and resources

President Nikos Christodoulides announced here on Tuesday additional funding for the Open University’s (OUC) budget with €2.6 million. The amount is aimed at upgrading the technological digital equipment and strengthening the human resources of the University for the next three years....