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631. 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....

632. 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....

633. Finance Minister calls for the repeal of foreclosure suspension

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

634. 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....

635. 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....

636. 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....

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

638. Effective management of the migration issue

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

639. 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. ...

640. 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....

641. 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....

642. November 24th: D-day for non-GESY doctors

The court's decision to deny the request for non-GESY doctors to continue providing services in GESY-affiliated private hospitals until the case is heard on the 24th of the month changes the facts....

643. Nicosia municipalities to fund adoptions from animal shelter

Undoubtedly, the need for accommodation at the animal shelter, with which Nicosia's six municipalities (Nicosia, Strovolos, Lakatamia, Engomi, Agios Dometios, and Aglantzia) collaborate, has grown in recent years....

644. Eleftherias Square is getting a bakery and a kiosk

645. Bin Salman granted US immunity for Khashoggi murder

The US has determined that Saudi Arabia's de facto leader - Crown Prince Mohammed bin Salman - has immunity from a lawsuit filed by murdered journalist Jamal Khashoggi's fiancée....

646. Digital controversies

The three front-runners for the presidency of the republic laid out their objectives and ideas for tackling various issues and the nation's shift to a digital economy....

647. Cyprus launches label to better market products

The new label and logo 'Cyprus made, Unique by origin' were presented by Energy Minister Natasa Pilides on Monday during the opening of the Industry Week fair...

648. Greece: Mother of 12 year old accused of abetting pedophiles

The man accused of raping a 12-year-old girl, then pimping her out to prospective “clients” online, and one of the 213 men who responded to the pimp’s advertisement were jailed Wednesday....

649. Russian tourists no longer welcome in the Czech Republic

The Czech Republic’s authorities have announced that from the end of this month, the country will start applying stricter entry rules for citizens of Russia....

650. Ending Cyprus' energy isolation

After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....

651. UN confirms letter from T/C side regarding 'status of forces'

"Matters relating to cooperation with UNFICYP forms part of our regular and ongoing dialogue with the Turkish Cypriot side," ...

652. New loans drop in August for the second month in a row

Net new lending granted by Cyprus Banks fell in August by €182.3 million, recording a decrease for the second month in a row....

653. Eight weeks paid parental leave approved by Cabinet

A new bill on parental leave was approved on Tuesday by the Council of Ministers, which provides, among other things, eight weeks of paid parental leave for parents with children up to 8 years old....

654. Investigator fired from soldier death cover-up probe

Cyprus’ chief prosecutor has fired one of two independent investigators in a police cover-up probe, prompting strong reaction from the ousted expert as well as the family of a slain soldier, whose death initially ruled a suicide turned out to be a criminal act 17 years ago with the perpetrators still at large after a botched investigation...

655. Permits granted for 7,000 highly skilled workers from 3rd countries

The policy of granting tax incentives to foreign technology companies is yielding results, Invest Cyprus Investment Promotion Agency Chairman Evgenios Evgeniou said, stressing that 7,000 work permits have been approved this year for highly skilled individuals who chose to work in Cyprus....

656. Why EVs are a flop in Cyprus … so far

It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....

657. Greece accuses EU of using Med countries like a refugee ‘parking lot’

Greece on Monday urged the European Union to lift movement restrictions for refugees recognized by individual nations, accusing the bloc of applying a double standard when dealing with Ukrainians fleeing the war compared with the victims of other conflicts....

658. Where will Turkey be in a year from now?

The disputes with Greece will be useful ammunition for Turkish President Recep Tayyip Erdogan should he decide to manufacture a crisis that would divert attention away from his country’s economic disintegration. ...

659. Cyprus Voice for Animals to hold protest at Presidential Palace on Oct 1st

Cyprus Voice for Animals will be holding a demonstration in front of the presidential palace on Saturday, October 1st. The animal welfare organization is calling on the government to train and empower the Animal Police in Cyprus so that they can strictly enforce animal welfare laws that are already in place....

660. Third annual Comulis conference highlighted correlative imaging methods

Following the successful COMULIS Conferences in Austria and Sweden, The Cyprus Institute (CyI) hosted the 3rd Annual Conference of the COMULIS COST Action (Correlated Multimodal Imaging in Life Sciences; https://www.comulis.eu),...