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571. Reduction of electricity costs a priority, says new Energy Minister

One of the first priorities of the new administration will be to reduce the cost of electricity, in order to help the industry and the economy reach the potential “they deserve”, new Minister of Energy, Commerce and Industry Giorgos Papanastasiou said on Wednesday....

572. COVID origin debate back in the news

A new classified report in the United States says COVID-19 was probably the result of a laboratory leak, fueling further debate on the origins of the pandemic as a House subcommittee prepares to tackle the issue that has divided the world politically and scientifically...

573. Latvian politician curses at Russian delegation at OSCE meeting (video)

A Latvian politician was so furious that a Moscow delegation was allowed to attend a UN security meeting that he quoted Ukrainian Snake Island defenders and told them: 'Russian warship, go f*** yourself'....

574. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

575. Around 1000 earthquake victims from Turkey have arrived in the occupied areas

According to Hassan Tatsoi, the "minister of labor and social welfare," a thousand earthquake-affected people traveled from Turkey to the occupied territories in one week to find relatives or friends who had been living in the occupied territories for years....

576. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

577. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

578. The issues affecting young people in rural areas

The public debate with young people living in rural areas is quite constructive because dialogue brings to light several issues that local authorities may be unaware of....

579. Lidl Cyprus proceeds with raises and benefits amounting up to €900,000 for its 700 employees

It proves in practice, once again, its dedication and continuous investment in its people....

580. Plans to upgrade hotels in the mountains and countryside are underway

581. The 'Baby Grant' continues: Amounts and Benefits

It is still possible to receive the "Baby Grant" which is a subsidy of 1,750 euros given to eligible recipients and includes supplies such as furniture, linens, items for personal hygiene and care, and clothing for up to two years....

582. Cyprus Land Development received 11.1 million from the passport program

The Cyprus Investment Program, also known as the passport program, brought in €11.17 million for the Cyprus Land Development Corporation between 2019 and 2022....

583. Protection granted to Ukrainian nationals extended for another year

The right to temporary protection granted to Ukrainian nationals in Cyprus is automatically extended for a year, the Ministry of Interior announced on Tuesday....

584. The ten-day stretch that ended DISY's crisis

When Averof Neophytou's disqualification from the second round was locked in on Sunday night, he made sure to call his two rival candidates in time to congratulate them on their victory. ...

585. Cyprus does right by wronged farm workers

A foreign worker who says he fell out of status after being wronged in a labor dispute is getting support from Cypriot authorities, along with over a dozen suspected victims of labor exploitation after police, labor, and immigration officers coordinated a raid on a farm in Famagusta district after his complaint...

586. Cabinet approves subsidies to fund digital business upgrades

At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....

587. Every election-related detail you need to know. The results, the locations, and the polls

The presidential election countdown has begun, with only 48 hours until the first round of voting. ...

588. Americans will soon need to pay a small fee to enter the UK

U.S. citizens will soon have to apply for permission before their United Kingdom trips and pay a small fee to enter as part of the country's upcoming Electronic Travel Authorization scheme....

589. €10 million worth of grants approved for women entrepreneurs

A total of 187 applications submitted by women were approved in 2021 for the amount of 10.6 million euros, in the framework of the New Entrepreneurship Programme covering the period 2021-2027, ...

590. Wronged worker slams Cyprus over migration crisis

Thousands of asylum seekers in Cyprus were sent back to their countries last year but one foreign worker, who feels he has no good options following a dispute with his employer, says many people who come to work on the island are forced to seek asylum because the system is not in their favor...

591. Turkey: The stance of the '6' on Cyprus

The publication of the foreign policy positions of the coalition of six opposition parties (led by the Kemalist CHP) contesting Erdogan's power is of particular interest,...

592. 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....

593. Election protocol for COVID positive voters

The Ministry of Health issued Monday a press release on a series of protection measures for the prevention of the spread of COVID-19 that should be implemented by the election officers during the presidential elections that will take place on Sunday....

594. Only one week left until the Cyprus presidential elections

With only one week until the February Presidential elections, candidates continued to deliver stump speeches at gatherings and meet with associations during the weekend. The issues they highlighted in their campaigns concerned issues in relation to the economy and the Cyprus problem, among others....

595. More than 100 thousand foreigners waiting for German citizenship

The number of foreigners on the wait to become German citizens through naturalization has overpassed 100,000, and many of them have been waiting for as long as three years now to obtain their status....

596. Limassol could still have another 8,000 apartments

As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...

597. Pope declares being gay a 'sin' but not a 'crime'

Pope Francis has declared homosexuality a 'sin' but not a 'crime' as he branded laws that criminalize gay people 'unjust'....

598. 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....

599. Forced sterilization loophole in Cyprus raises eyebrows

A woman in Cyprus has been made sterile without her consent, with reports saying people who live with intellectual disability and other disorders often “get fixed” through forced sterilization by power of attorney...

600. Herodotou calls for increased vigilance to avert private debt defaults

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....