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511. Cyprus ranks first in absorption of EU Regional funds

512. White House considers executive order to ban Huawei and ZTE

513. Repairing churches and mosques for 10 years

514. Doors open at Nicosia Mall

Timing could not be more perfect for Nicosia Mall, as it opened its doors Wednesday morning, just two days before Black Friday and a month before Christmas holidays...

515. New directive on shell companies improves anti-money laundering practices

516. Others ready to host kids, if Zygi won’t

Two communities have stepped up to the plate to signal their readiness to welcome refugee unaccompanied minors following recent protests in Zygi, but state officials insist on original location due to approved funding...

517. PM: Greece to announce 10,000 new state jobs in 2019

Greece will be announcing 10,000 new state sector jobs in 2019, Prime Minister Alexis Tsipras said Thursday in the wake of the announcement Tuesday of a tentative deal with the Church of Greece....

518. State launches new call centre

Members of the public who need to call the government regarding their citizen cases can now call the 1434 national number to get more information or submit a support ticket...

519. Controversy over urinal still unresolved

A controversial portable urinal for men, in the shape of a naked woman in an explicit sexual position, continues to spark debate in parliament two months after public criticism, with some saying the product goes too far while others say social impact has been overstated...

520. Conference to shed light on city’s buffer zone

Nicosia will host the 5th Anniversary Conference of the 7 Most Endangered programme, in an effort to mobilise efforts to save Europe’s most threatened monuments and heritage sites...

521. Solution from abroad for J&P Overseas

522. Angry parent takes gun to school in the north

Teacher unions in the north are calling for safety measures in Turkish Cypriot schools, following an incident where an angry parent pulled a gun on a primary teacher during class...

523. Moody's keeps Greek rating unchanged at B3

Moody’s kept Greece's sovereign credit rating unchanged at B3, with a positive outlook, in a credit opinion it issued on Wednesday....

524. Fitch Ratings upgrades Bank of Cyprus

525. Tusk: EU must end migration blame game

526. Stephen Lillie: There is only plan A for Cyprus

There is a clear plan A for Cyprus, that of a bi-zonal, bi-communal federation solution, and there is no plan B, UK High Commissioner in Nicosia, Stephen Lillie, has told the Cyprus News Agency (CNA), stressing that “for plan A to succeed the negotiations need to be well prepared, and the public opinion needs to be well prepared” as well....

527. Cypriots Stand by Greece

A radio marathon and a concert are taking place in Cyprus to show support to the victims of last week’s deadly wildfires in Greece...

528. Security Council renews UNFICYP mandate

The Security Council authorized a six‑month mandate renewal for the United Nations Peacekeeping Force in Cyprus (UNFICYP) on Thursday, unanimously adopting resolution 2430 (2018)...

529. ECB lowers emergency funding cap for Greek banks to 8.4 bln euros

The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 8.4 billion euros, the Bank of Greece said on Thursday....

530. Greek bank deposits rise in June for fifth month in a row

Greek bank deposits rose in June for a fifth consecutive month, increasing by 1.3 billion euros ($1.52 billion), central bank data showed on Wednesday....

531. The positions of SYRIZA, New Democracy and our allies

Diplomats, analysts and officials from international institutions visiting Greece have a hard time understanding and assessing what in their eyes appears to be a bizarre political reality....

532. Woman returns €10,000 she stole from breast cancer society

An employee at the Europa Donna Cyprus, a breast cancer awareness society, was arrested for stealing over €10,000 from the charity...

533. Cabinet okays homeowner plan ahead of crucial House session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...

534. Nicosia detains ELDYK soldier on Greek warrant

A Greek solider serving in Cyprus was arrested in connection with funding a terrorist group, following a deposit he made last year to the Revolutionary Fund...

535. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

536. Cyprus to crackdown on shell companies

The Central Bank of Cyprus has just made it harder for brokers to set up front companies on the island, following pressure from US officials who say more needs to be done to combat money laundering...

537. Committee on Cyprus missing has more work to do

The Committee on Missing Persons says they need to start opening graves to obtain DNA, just days after media reports said CMP was slowing down, but the task ahead is difficult and in need of cash...

538. Turkish aid to north comes to 430 million

The Turkish Cypriot economy is expected to get a boost from Turkish aid in 2018, with approximately €430 million being spent in different areas of the self-declared state in the north...

539. Cyprus gains on importance in satellite services sector

Cyprus is gaining on importance in the field of space technology services, as in recent years it has granted ten licenses to organizations to launch telecommunication satellites, using the space that Cyprus secures through the UN International Telecommunication Union....

540. ARIS joins forces with Taurus Aurum to supercharge the Cypriot startup entrepreneurship ecosystem

ARIS, an early-stage accelerator launched by the Bank of Cyprus and Deloitte earlier this year and Taurus Aurum Global Property Fund Limited, a multicompartamental private-owned self-managed Alternative Investment Fund headquartered in Nicosia, signed a Memorandum of Understanding (MOU) on the 24th of May 2018 in Nicosia...