Search

1111. More than 330,000 people displaced in Sudan due to conflict

Deadly conflicts in Sudan have displaced more than 330,000 people inside the country, while more than 100,000 have crossed the border to neighboring countries, the United Nations has announced....

1112. Russian wave heads north as sanctions pick up in Cyprus

Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...

1113. 3,000 Ukrainian refugees to be evicted from hotels by end of month

Cypriot authorities plan to evict about 3,000 Ukrainian refugees currently living in hotels in Cyprus by the end of this month....

1114. Speculation rampant as Cyprus probes Russian fire

The cause of a large fire on Wednesday at a Russian building in central Nicosia is under investigation, with media speculation ranging from an accident to a possible terrorist attack and authorities not ruling out anything...

1115. EC proposes major reforms to create single market for medicines

The European Commission has proposed a new single market for medicines in the European Union (EU) to create an attractive and innovation-friendly environment for the research, development, and production of medicines....

1116. WHO leads regional effort to improve health and well-being of refugees and migrants

1117. Safeguarding First Responders on duty

The rapid evolution of technology is bringing huge and beneficial changes in all areas and the rescue sector isn't an exception. ...

1118. MEP Eva Kaili also being investigated for fraud

In the wake of allegations that she was involved in the so-called Qatargate kickback scandal, Greek MEP Eva Kaili is also being investigated for misappropriating European Parliament funds, Politico has reported...

1119. Folli Follie trial set for June after lawyers' abstention ends

The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...

1120. April Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1121. Cyprus faces economic losses due to rejected renewable energy production

The issue of storing electricity from renewable energy sources has become a problem due to extensive production rejections of both large and small photovoltaic parks by the Transmission and Distribution Operators on Easter Sunday and Monday in Cyprus....

1122. Russian and Ukrainian stock in Cypriot fund's Lukoil deal

A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...

1123. Hacked data from Cyprus up for grabs on darknet

Encrypted folders with stolen information from Open University of Cyprus may be available on the dark web, where data brokers and identity thieves can now buy access to private information of students and staff after the institution failed to pay ransom...

1124. '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....

1125. Politics blog: Moscow on the Mediterranean

While some talk behind our backs, The Guardian is unabashedly labeling our country, especially our banking system, as the "Moscow of the Mediterranean". ...

1126. Assets of US and UK sanctioned entities in Cyprus will be frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

1127. Cyber gang badgers Cypriot university to cough up $100K

The notorious Medusa ransomware gang is asking for $100,000 from Open University of Cyprus following a cyberattack on the institution’s digital platforms, with data samples already leaked online to prove they are not kidding...

1128. 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....

1129. Italy declares state of emergency

To deal with the recent influx of migrants arriving on the southern shores of Italy, the country's right-wing government has announced a six-month nationwide state of emergency....

1130. Greek banks freeze mortgage installments for 12 Months

Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....

1131. Rome reportedly okays Lukoil sale to Cypriot firm

Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...

1132. IMF projects steady GDP growth for Cyprus in 2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

1133. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

1134. Dead loved ones could be uploaded to your computer by end of year

You may soon be able to catch up with friends and relatives who have passed away — on your computer....

1135. Cyprus hurries to launch EU alert on mobile phones

Cyprus is the only EU member state that does not use a Public Warning System to alert cell phone users of an emergency or imminent threat, but officials in Nicosia say they hopeful they can launch Emergency Alert by next year...

1136. Cyprus winemakers to receive €22 million in EU support

Cyprus through the National Plan for the wine sector will provide viticulturists and winemakers with more than €22 million of support from EU funds by October 2023, Minister of Agriculture, Rural Development and the Environment Petros Xenofontos said on Sunday. ...

1137. EAC employee arrested for defrauding citizens

A 43-year-old resident of Paphos has been ordered by the Paphos District Court to be detained for seven days on allegations of misappropriating over €30,000 from a semi-governmental organization, AEK, intended for the installation of photovoltaic panels....

1138. Cypriot fund facing mighty resistance in Lukoil deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

1139. President walks the talk in fight against cancer

Cyprus President Nikos Christodoulides kicked off the 48th Christodoula march to raise awareness against cancer, vowing that his government will continue to be present in the longest-ever running campaign to ease human suffering on issues associated with cancer, supporting the efforts of the Cyprus Anti-Cancer Society...

1140. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....