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1951. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

1952. Ferrari to launch its first electric-only car in 2025

Ferrari is aiming for two of every five cars it sells to be fully electric by 2030, as the luxury brand tries to marry the need to reduce emissions with a reputation built on the prowess of its traditional engines....

1953. Valuable ally, you said?

I have been trying for a long time to understand exactly what various Western officials mean when they monotonously repeat that “Turkey is a valuable ally.” Turkey is obviously a large, strategically important country at a critical geopolitical crossroads. No great power can ignore it....

1954. Two dead after motorcycles crash violently in Nicosia

Two men were killed on Wednesday after their motorcycles collided in a horrible accident in west Nicosia, with preliminary findings suggesting a series of violations by at least one victim...

1955. KPMG in Cyprus will act as a technical service consultant for the Treasury of the Republic of Cyprus

KPMG in Cyprus will act as a technical service consultant, following participation in a public tender, for the provision of support to the Treasury of the Republic of Cyprus, in the framework of the implementation of the new eProcurement system....

1956. How likely is a Greek-Turkish military conflict?

"Conflict over the Aegean Islands: Erdogan Threatens Europe with Next War." This is the title of a comment by the Greek-born editor-in-chief of the Munich newspaper Münchner Merkur, George Anastasiadis, on Turkey's new threats against Greece over sovereign rights in the eastern Aegean islands....

1957. British rape accuser drags Cyprus to court

A British young woman who was cleared of lying about a gang rape in Ayia Napa is taking the Republic of Cyprus to the European Court of Human Rights after police said they would not investigate allegations against Israeli teens...

1958. Deadly road crashes mar another holiday weekend

Three men were killed on the road in two different districts over the long holiday weekend, with Paphos police arresting a hit-and-run driver who says he panicked and Ayia Napa authorities confirming a young man was driving after consuming mood-altering drugs...

1959. ER doctor gets suspended sentence in boy’s death

An ER doctor in Larnaca received a suspended sentence on Friday for the death of a young student, whose fatal head injury during gym class had gone unnoticed after an X-Ray at the hospital...

1960. Man on life support after mystery accident

A British tourist found critically injured underneath a motorcycle in Paralimni has been unable to tell officers what happened, with police investigating a possible collision but not ruling out anything else...

1961. Athens wants arms for Ukraine out of public view

Greek Defense Minister Nikos Panagiotopoulos says he would ask the heads of the three branches of the Greek Armed Forces to contain recent disclosures in the media on the list of weapons that Greece may send to Ukraine, likening their information system to a 'swiss cheese'...

1962. Deadly arsonist was upset over relatives helping ex

Details about a possible motive have emerged in an apparent murder-suicide in Limassol, with reports suggesting the suspect who set a house on fire was upset over his relatives maintaining good relations with his ex and her daughter...

1963. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

1964. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

1965. Greece preparing for mass migrant entry from Turkey

Amid rising tensions with Turkey, plans are being drafted to deal with the possibility of an attempted mass entry of migrants into Greece at the instigation of Ankara, in a repeat of the spring 2020 incident at the Evros land border....

1966. Three days of mourning for Zeta Emilianidou

White flowers, a candle and a photo were set in the place of Zeta Aimilianidou during the meeting of the Council of Ministers....

1967. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

1968. Why are we all working so hard?

The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....

1969. EU to implement one charger for all devices by 2024

In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....

1970. East-West orthodox split deepens in Cyprus

An interview with the Archbishop of Cyprus, who used unfavorable words for detractor bishops as well as the Patriarch of Moscow, is causing all sorts of reactions on the island where campaign drama is unfolding both in a highly contested presidential election and a looming replacement for head of church...

1971. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

1972. Boris Johnson to face no-confidence vote tonight

British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....

1973. Looking for answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

1974. Elderly man tells police he killed his wife

An elderly man in Limassol turned himself to police on Monday, saying he killed his wife after striking her in the head with a hammer...

1975. Female tourists wanted after hospital incident

Police are investigating an incident in Paphos where a situation at the hospital got out of hand after three female tourists described as intoxicated had an altercation with nursing staff and an officer on duty...

1976. Archbishop ‘populist pick’ signals tough election

The race to the hill got a lot more serious over the weekend after Archbishop Chrysostomos likened independent presidential candidate Nikos Christodoulides to politically unbowed Makarios, prompting a swift response from ruling party Dysi leader Averof Neophytou...

1977. EU set to decide on single mobile charging port by June 7

EU countries and EU lawmakers are set to agree on a common charging port for mobile phones, tablets and headphones on June 7 when they meet to discuss a proposal that has been fiercely criticized by Apple, people familiar with the matter said....

1978. Tatar alleges Greek Cypriot links to terrorism

Turkish Cypriot leader Ersin Tatar had some harsh words for his compatriots in the south this week, saying Turkey’s concerns over NATO candidate Sweden’s PKK links also had basis in the south and called on Greek Cypriots to reevaluate their 'cooperation with terrorist organizations'...

1979. Blood Donation Day

In support to the Nicosia General Hospital blood bank and as part of its CSR initiatives, KPMG in Cyprus organised a blood donation day at its premises at Nicosia, on 31 May. ...

1980. Global IPO market experiences significant slowdown in Q1 2022