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1801. Transparency concerns cloud EU vote on Ursula von der Leyen's presidency

The political fate of Ursula von der Leyen hangs in the balance today as 720 Members of the European Parliament convene in Strasbourg at 1 p.m. local time......

1802. Soaring insurance costs push global shipping rates up 233%

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

1803. Cyprus gears up for a brilliant 42°C summer day

A yellow warning for extreme maximum temperatures will be in effect today from 11 a.m. to 5 p.m., according to the Department of Meteorology....

1804. Heavy rains in parts of Cyprus bring relief amid scorching heatwave

Heavy rains are sweeping across Cyprus, offering a welcome reprieve from an intense heatwave that has gripped the island....

1805. France accused of 'racist discrimination' over Olympic hijab ban

France is under fire for barring its athletes from wearing hijabs at the upcoming Paris Olympics, a move critics call 'racist gender discrimination'....

1806. Mykonos tourism decline linked to high costs

International air traffic to Mykonos is on a downward trajectory for another year, according to plans for available seats that airlines have for this summer so far....

1807. EU court rules against secrecy in COVID-19 vaccine contracts

The European Commission was wrong to limit public access to certain details in contracts for COVID-19 vaccines, according to a ruling from the EU's second-highest court on Thursday....

1808. Cypriot neurosurgeon sentenced for fraud

A Cypriot neurosurgeon has been sentenced to 32 months in prison for deceiving patients and defrauding the General Health System. ...

1809. Fifteen days left to decide on Eurobank's offer

Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....

1810. American Medical Center expands to Limassol

The American Medical Center (AMC)/American Heart Institute (AHI) is expanding its presence in Limassol with a new private hospital, marking a significant milestone as the institution celebrates its 25th anniversary, according to a report by Anna Polyviou....

1811. Jamie Dimon eyed for treasury secretary by Trump

Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....

1812. Solar-powered 'smart benches' to monitor air quality in Greece

1813. Russian tech professionals flock to Cyprus despite sanctions

A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......

1814. Cyprus marks 50 years since 1974 invasion

This year marks fifty years since the 1974 coup and Turkish invasion, events that profoundly shaped modern Cyprus. ...

1815. Public works enforces €100,000 fine for Nicosia ring road delay

The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....

1816. Yellow heat warning issued for today

The meteorology department has issued a yellow warning for high temperatures, effective from 1:00 p.m. to 4:00 p.m. today. We're expecting the interior to reach a scorching 41 degrees Celsius....

1817. Higher than normal temps to persist through mid August

Higher than normal temperatures and heatwave episodes are expected for the rest of July until almost the mid of August, according to the Cyprus Department of Meteorology and the Climate Watch of the German Meteorological Service (DWD) for the eastern Mediterranean region....

1818. Cyprus will build a naval base in Mari with Greek support

The Minister of Defense, Vasilis Palmas, confirmed reports regarding the construction of a naval base in Mari, during an interview on SPOR FM 95’s ''Diaspora News.''...

1819. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

1820. Maronites' land claims challenged in occupied territories

In a recent commentary published by Belgin Demirel in Avrupa, concerns have been raised regarding property rights of Maronites in Northern Cyprus....

1821. Trajkovic and Koulitsenko lead Cyprus as flag bearers at Paris Olympics

The world gears up for Olympic-level excitement as the grand event of global athletics unfolds in Paris, France, from July 26 to August 11....

1822. Polis Chrysochous plans industrial zone, €141M investment

The municipality of Polis Chrysochous is set to undergo a transformative development phase with planned projects totaling €141 million over the coming years, as announced by Mayor Yiotos Papachristofis. ...

1823. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

1824. EU Commission boycotts Hungarian presidency

In a bold and unprecedented move, the European Commission announced today its decision to ''boycott'' the six-month Hungarian presidency of the Council of the European Union. This action is a direct response to Hungarian Prime Minister Viktor Orban's controversial visits to Moscow and Beijing....

1825. Yet another delay in Nicosia perimeter road triggers daily penalties for CyField

CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...

1826. Wizz Air celebrates 8M passengers milestone at Larnaca airport

Wizz Air, the most sustainable airline globally*, is delighted to announce a significant milestone at Larnaka International Airport, with the airline reaching 8 million passengers traveling to and from Larnaka International Airport since commencing operations in Cyprus....

1827. Cyprus and Greece commit to Eastern Med security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

1828. Legal challenges mount over Vasilikos Terminal abandonment

Cyprus is preparing for significant changes in its energy sector following the formal termination of the contract between the Natural Gas Infrastructure......

1829. Trump chooses JD Vance as Vice President for 2024

Donald Trump announced Sen. JD Vance of Ohio as his vice-presidential running mate on Monday, marking the start of the Republican National Convention....

1830. Cyprus records hottest June ever

Temperatures recorded in Cyprus this June were extremely high, both the daily maximum and daily minimum temperatures as well as the average daily temperatures. ...