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1891. Cyprus' 300 fintech firms boost economy, says Georgoulas

The Economist's 28th Annual Government Roundtable concluded with great success in Greece, running from July 2-4....

1892. Young women look decades older due to early botox use

Recent Love Island contestants Nicole Samuel, Jess White, and Harriet Blackmore have ignited discussions about the impact of cosmetic procedures on young women's appearances....

1893. Wolt welcomes historic collective agreement for delivery drivers

Wolt has welcomed the first-ever collective agreement in the fleet management sector, marking a major step forward for the industry. This agreement, reached through the joint efforts of the Ministry of Labour, fleet management companies, and unions, is set to benefit delivery drivers, businesses, and consumers....

1894. State to cover €12M shortfall from licensing revenues

Interior Minister Konstantinos Ioannou expressed satisfaction with the progress of the Local Government Reform, despite minor issues during the initial days of its implementation....

1895. Resolution on drug shortage issue expected next week

Health Minister Michalis Damianos anticipates a solution to the ongoing drug shortage issue by early next week, he announced Friday....

1896. Cyprus Law Commissioner teams up with Ireland to improve legal system

Law Commissioner Louisa Christodoulou Zannetou recently engaged in a virtual meeting with Ireland’s Law Reform Commission Chairman Justice Frank Clarke and Commissioner Richard Barrett. ...

1897. Cyprus President meets business leaders on HR, energy, and tax

1898. Surge in corporate loans despite interest rate hike

The Central Bank of Cyprus has released its latest data revealing notable shifts in financial trends for May 2024. Despite a 0.52% uptick in lending rates for non-financial corporations borrowing amounts over €1 million, new loans to these entities surged by 10% compared to the previous month. ...

1899. Nesil Caliskan elected as first British MP of Turkish Cypriot origin

For the first time, a candidate of Turkish Cypriot origin has been elected in the British general elections. Nesil Caliskan, representing the Labour Party, secured her victory in the Barking constituency in east London, according to the Kipris Post website....

1900. Nissi Beach in Ayia Napa named best in Europe for 2024

Ayia Napa's Nissi Beach has once again clinched a prestigious accolade, being crowned the top beach in Europe for this year by travel insurance experts at Quotezone.co.uk....

1901. Luxury retailers Saks and Neiman Marcus merge in big deal

A new luxury retail giant is emerging in the United States as the parent company of Saks Fifth Avenue acquires Neiman Marcus for $2.65 billion....

1902. Labour Party triumphs, Keir Starmer to become Prime Minister

The Labour Party has secured victory in Britain’s general election, marking the first change in power in 14 years. ...

1903. Greece bucks trend with six-day work week

Greece has introduced a six-day working week for certain businesses in an effort to increase productivity and employment, according to a report by CNBC. ...

1904. Perfect beach and mountain weather ahead, sunny skies await

Good morning, sunseekers! It's Friday, and summer is in full swing. As you plan your beach or mountain getaway, here's what to expect from Mother Nature today....

1905. Green Line: Trade and crossings surge, irregular migration declines

Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....

1906. Cyprus-linked firms and individuals added to new sanctions list

The United States announced new sanctions on Wednesday, targeting individuals and companies linked to Cyprus as part of its ongoing efforts to counter Russian aggression. ...

1907. Fikardos Winery: Crafting award-winning Cypriot wines

1908. Over 250 cases of infant malnutrition reported at Gaza hospital

The survival rate for newborn babies in Gaza is alarmingly low. At The Kamal Adwan hospital in northern Gaza, newborns, often premature, struggle to survive in the malnutrition ward....

1909. 1.77 million euro Troodos observatory hopes to inspire wonder

A new space observatory in Cyprus looks like it just uncloaked itself on the set of a sci-fi movie and is ready for takeoff....

1910. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

1911. Temu, Shein & Ali Express: EU cracks down on Chinese imports

The European Union is taking steps to clamp down on the surge of low-quality Chinese imports flooding its markets. According to sources speaking to the Financial Times, the EU plans to impose tariffs on cheap products from platforms like Temu, Shein, and AliExpress....

1912. Reflect Festival highlights traffic and housing challenges in Limassol

The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...

1913. Skip transporters plan mid-July protest over illegal dumping

Skip transport professionals are organizing a protest for mid-July, accusing the government of failing to supervise and stop illegal rubble transport and dumping, which harms licensed operators and the environment according to a report by Pavlos Neophytos....

1914. Politico: Is Brexit's peak over? UK faces calls to rejoin EU

British voters are gearing up for their first post-EU general election this Thursday, marking a significant milestone since Brexit....

1915. UN report flags rising tensions in Cyprus buffer zone

A new UN report by Secretary-General Antonio Guterres raises serious concerns about rising tensions in Cyprus, where actions by Greek Cypriot and Turkish Cypriot forces are undermining the authority of the United Nations Peacekeeping Force in Cyprus (UNFICYP)....

1916. CBC to keep dividends low despite bank profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....

1917. Athens warns Nicosia to reverse delays in power grid project

The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....

1918. Biden gains support from democratic governors

In a show of unity and support, several Democratic governors expressed their backing for President Joe Biden following a meeting with him. They highlighted their commitment to his leadership and discussed the significance of his administration's accomplishments....

1919. Strong winds and rough seas expected

A seasonal low-pressure system is currently influencing the area, bringing mostly clear weather with occasional localized clouds. Thin dust is expected to linger in the atmosphere throughout the day....

1920. Younger tourists are choosing Cyprus in the winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....