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541. Avrupa reports one million residents in the occupied territory

Avrupa cites data from the "Information and Communication Technology Institute" today, indicating that the population of the occupied territories has surpassed one million....

542. The 2023 Budget in the vortex of the elections

The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....

543. Candidates continue campaigning both inside and outside of Cyprus

Candidates for the Presidency of the Republic continue their activities both inside and outside of Cyprus. The candidates and their teams analyzed their positions and alluded to issues of concern to citizens as well as current events....

544. Unaccompanied minors are on the rise

Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....

545. Minister says efforts to promote Cypriot wine bear fruit

Energy Minister Natasa Pilides, who also oversees Commerce, said Wednesday that the first National Action Plan to promote Cypriot wine seem to be bearing fruit, as exports of wines in 2021 saw a rapid increase over 60%...

546. Austria to EU: Deport refugees to Rwanda pending asylum approval

The Austrian Interior Minister, Gerhard Karner, has called for the EU to establish asylum procedures in safe third countries, similar to models that Denmark and the United Kingdom have agreed to operate....

547. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

548. Cyprus president wants corruption claims against him investigated

Cyprus’ president on Tuesday called for an independent probe into allegations made by a former aide that he has run a corrupt administration under the influence of Russian oligarchs...

549. €100 million for companies affected by the covid pandemic

The European Commission has approved a 100 million euro Cypriot scheme to support companies and self-employed persons affected by the coronavirus pandemic, under the European Union’s State aid COVID Temporary Framework....

550. Greek Navtex is a message to Libya

The navigation warning issued by Greece on Saturday expanding the area of seismic surveys for oil and natural gas deposits off the coast of Crete was in response to a request by US oil firm ExxonMobil, which has been granted exploration rights, but also serves a geopolitical purpose...

551. The effects of Global warming on banks and insurance companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

552. More Russians visiting Spain despite EU sanctions

The number of Russian nationals who are reaching Spain for travel purposes keeps increasing despite flight sanctions continuing to remain in place....

553. Procedures, criminal offender profiles, and the law governing child abuse

The recent news has been overshadowed by new complaints from schoolgirls in Cyprus alleging that their headmaster has harassed them sexually, while in Greece the Aeolus box is opening due to revelations about the "Ark of the World" foundation....

554. Small number of banks meeting new loan demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

555. EC approves 7.75m aid for Cyprus agricultural sector

The European Commission has approved a 7.75 million euro Cypriot scheme to help some agricultural producers through direct grants, in order to deal with the side effects of Russia's invasion of Ukraine....

556. Who benefits from the proposed rent-to-mortgage scheme?

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

557. 'It's beginning to look a lot like Christmas!' (photos)

The Christmas Villages are set to begin in less than two weeks, on Saturday, November 26, and preparations by the participating communities are ongoing. ...

558. Immigration as a matter of national survival

The migration issue, along with Turkey's ongoing threats and galloping inflation due to the explosion in energy prices, undoubtedly ranks first in the hierarchy of Cypriot citizens' concerns....

559. Spyware and political games

The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...

560. Cyprus regulator to suspend FTX's license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

561. 400-500 Hellenic employees to be made redundant

On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....

562. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

563. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

564. Temporary residence permit granted for Mohamed Kamara

Mohamed Kamara, the 41-year-old former African footballer (Nea Salamina, Doxas, Olympiacos Nicosia), has been granted a special permit that will last until the end of July 2023. This directive comes from the minister of the interior....

565. 64% of distressed state loans eligible for 'Oikia' scheme

The applications for the Oikia scheme for distressed borrowers have reached 64% of the total eligible loans, according to the Housing Finance Corporation. In total, 1,223 applications, valued at €115m have been submitted, out of 1,948 eligible loans, valued at €179m....

566. Initial PEGA report - Cyprus is an appealing destination for spy goods

567. Effective management of the migration issue

Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....

568. Hadjipantelas: No new extension for doctors outside the GESY

Health Minister Michael Hadjipantelas warned that if we are not careful, we could open a new can of worms by sneaking in the multi-insurance plan that no one wants. ...

569. Backlog in court cases will be alleviated in 4 to 5 years

In a period of four to five years and with the implementation of the reform bills passed by the Parliament, the problem of the backlog of cases pending before the Courts will be solved to a significant extent, Supreme Court President, Antonis Liatsos and President of the House of Representatives, Annita Demetriou have said....

570. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....