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1291. The first presidential election in Cyprus held in 1959

On December 13, 1959, the young Republic of Cyprus held its first presidential elections. Glafkos Clerides, who opposed his father John's candidacy and was accused of failing to follow the Christian commandment to "honor thy father and thy mother,"...

1292. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

1293. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

1294. Cyprus plays leading role in natural disaster research in the South Med

Today, a strategic project of particular significance for Cyprus was officially launched at the CERIDES Centre of Excellence of the European University Cyprus in the presence of Environment Commissioner Clelia Vassiliou. ...

1295. This man has an 86% accuracy rate in predicting the future

Ray Kurzweil, an inventor and futurist, releases his first book. "The Age of Intelligent Machines" discusses artificial intelligence and foresees the rise of the Internet in popularity. Impressive considering there were only 2.6 million internet users worldwide at the time....

1296. CBC: Household debt at 77% of GDP

The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...

1297. President: 'Troodos Ski Center can be a jewel for Cyprus'

The Troodos ski center can be a jewel, an attraction and a reference point for Cyprus, President Nicos Anastasiades said on Saturday, at the center's foundation stone laying ceremony....

1298. Erdogan accused of inciting conflict to stay in power

The authoritarianism of Turkish President Recep Tayyip Erdogan, as well as his stance with regard to Sweden and Finland’s NATO application, is drawing the ire of an increasing number of international media....

1299. Averof received funds from Russian oligarchs, says Nikolas

Phedonas Phedonos has mentioned Averof Neofytou in relation to his complaint about Russian oligarchs financing a candidate, says DIKO President Nikolas Papadopoulos....

1300. Cypriot food documentary brings both communities together (trailer)

The premier screening of the EU-funded short documentary “Cypriot Culinary Experiences”, a joint collaboration between the EU Infopoint and The Centre of Visual Arts and Research (CVAR), took place on Tuesday, at the Home for Cooperation....

1301. Colocassides calls on candidates to reveal their donors

1302. EC: €5 million in scholarships for Turkish Cypriot community

The European Commission has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2023/24, with a budget of €5 million from the Aid Programme for the Turkish Cypriot community....

1303. Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...

1304. More people choose bankruptcy to get a second chance

Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....

1305. No more Fridays. 4-day work week on the rise

The results are in: It's time for your company to stop working on Fridays (or Mondays)....

1306. The red warning from the beaches of Protaras

First and foremost, let me state that I am not an environmental expert. As an active citizen, I am recording my concerns about the changes brought about by climate change...

1307. January Newsletter of K. Treppides & Co Ltd: European Banking Authority

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....

1308. Cypriot Fund 'ECM Partners' acquires Starbucks Cyprus and Greece

ECM Partners, a Cypriot-owned investment fund, is putting the finishing touches on a deal to acquire Starbucks in Greece and Cyprus....

1309. Riyadh wants to acquire Formula 1

Whereas we used to say that the Chinese were buying everything, it appears that the Saudis are now following suit. According to well-informed sources cited by the news agency Bloomberg, ...

1310. Migration: Nikos Christodoulides can and wants to deal with it

One of the biggest and most serious problems Cyprus faces now, and one of the biggest challenges, is the issue of migration. Our country must deal with disproportionate flows of migrants, both in relation to its size and resources and in relation to its population....

1311. Tech companies calling for employee naturalizations after 5 years

Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...

1312. Turkish Cypriots outraged over mufti's call for women to procreate on demand

A Muslim religious leader’s instruction to women to dutifully accept a husband's “invitation to bed” to procreate has sparked outrage among many Turkish Cypriots, who saw the remarks as an imported encroachment of fundamentalist Islam on their secular community....

1313. North buys car ferry in new trade-tourism bid

Turkish Cypriots have reportedly bought a Ro-Ro ship that will sail between the island’s northern coast and southern Turkey, as new avenues are being sought to boost tourism and transport...

1314. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

1315. Cyprus aims for higher targets in green energy

In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...

1316. An unlikely love story of two soldiers separated by the buffer zone

Along with five other films 'Buffer Zone', directed and written by Savvas Stavros will open the Clermont-Ferrand International Short Film Festival, before Sally Potter's new film with Javier Bardem and Chris Rock....

1317. China's population shrinks for first time in 60 years

China's population fell last year for the first time in six decades, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers with profound implications for its economy and the world....

1318. Demetra has invested 75% of its capital in Hellenic

Demetra Investment, the Cyprus Investment Fund, has dedicated 75% of its investments to Hellenic Bank....

1319. More mergers and acquisitions needed to bolster competitiveness

Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness....

1320. Social media campaigning is dominating this year's electoral race

If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....