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2971. Cyprus inflation skyrockets to 3.1% in August

The annual inflation rate in Cyprus saw a rise to 3.1% in August 2023, up from 2.4% in July....

2972. Erdogan and Netanyahu forge meeting at UN General Assembly

In a historic turn of events, Turkish President Tayyip Erdogan and Israeli Prime Minister Benjamin Netanyahu met in person for the first time on Tuesday, marking a crucial milestone in the ongoing effort to mend strained relations between the two nations....

2973. Borrowers in a high-stakes game of loan roulette

In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...

2974. Christodoulides' UN call: A bold push for Cyprus reunification

In his address before the 78th UN General Assembly today, the President of the Republic of Cyprus, Nicos Christodoulides, will emphasize six key areas of focus, with the majority centered on addressing the Cyprus problem and the prospects for resuming negotiations while referencing the foundation for a solution....

2975. From clear skies to thunderous showers, your daily weather report

Today's weather starts off with mostly clear skies. However, as the day progresses, we can expect the gradual emergence of clouds, particularly in the mountains, south of Troodos, and the eastern half of the island....

2976. Sales from the occupied area to the Republic of Cyprus skyrocket

Data, released by the Turkish Cypriot newspaper ''Kibris'' and sourced from the Turkish Cypriot Chamber of Commerce, reveals a remarkable surge in sales of products from the occupied territories to the Republic of Cyprus in 2022....

2977. TechIsland's workshop marks Cyprus's tech hub aspiration

TechIsland’s 'Building Tech Islands' Workshop: A Milestone in Cyprus’s Quest to Attract Global Tech Giants...

2978. EY achieves record global revenue of nearly $50 billion

EY reports record global revenue results of just under US$50b...

2979. Corruption and desperation forge a new path to Cyprus

A new migratory route to Cyprus has emerged this summer, with increased departures from Syria to Cyprus surpassing those from Lebanon, according to a report by Open Democracy....

2980. Women now command 56% of Austrian university seats

The proportion of female students at Austrian universities is higher than the opposite gender, overtaking them by 56 per cent, as Statistics Austria has revealed....

2981. Foreign Minister addresses UN on Pyla and Cyprus problem

Cyprus Foreign Minister Constantinos Kombos began his contacts in New York, on the sidelines of the High Level Week of the 78th UN General Assembly. ...

2982. Retail trickery? Price hikes before zero VAT stun consumers

A recent study by the Cyprus Consumers Association (CCA) has revealed that prices for various essential goods saw artificial increases in the days leading up to the implementation of the zero VAT rate. ...

2983. Supreme court frees billions in assets

The Supreme Court unanimously overturns Laiki Bank's secured decrees, releasing billions in assets belonging to Andreas Vgenopoulos, Marfin Investments Group Holdings S.A, Efthimios Buloutas, and Kyriakos Cook....

2984. RIK controversy: Journalist's removal sparks outrage

The Parliamentary Committee on Human Rights and Equal Opportunities for Men and Women convened on Monday to discuss the removal of journalist Despina Roussou from the show "Proino Dromologio" (Morning Routes) and the subsequent handling of the situation by RIK management. ...

2985. Fun and sun with a dash of thunder and showers

A weak low-pressure system is set to influence the weather in our region until tomorrow, bringing with it relatively unstable conditions....

2986. How University of Cyprus handles overtime pay

The University of Cyprus, led by its rector, Tassos Christofides, acknowledged that overtime was paid to Doxa Komodromou....

2987. Christodoulides to confer with EU Commission Chief in NYC

Cyprus President, Nikos Christodoulides, will meet on Monday in New York with the President of the European Commission Ursula Von der Leyen who is in New York for the 78th UN General Assembly....

2988. Why did Brussels ignore Cyprus? Questions arise over EU inaction

Commission President Ursula von der Leyen delivered a comprehensive 16-page speech on the "state of the Union" before the European Parliament, speaking for an hour....

2989. China's 103 military planes target Taiwan in a day

China’s military sent 103 warplanes toward Taiwan in a 24-hour period in what the island’s defense ministry called a recent new high....

2990. 135% debt reduction sparks hope for economy

According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...

2991. Will Tesla's next factory be in Turkey?

Turkish President Recep Tayyip Erdogan has extended an intriguing invitation to Tesla's CEO Elon Musk, proposing the establishment of a Tesla factory in Turkey....

2992. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

2993. Halloumi woes persist as PDO battle heats up

One year after the implementation of an agreement between the Ministry of Agriculture, producers, cheese makers, and KEBE regarding halloumi cheese, issues persist....

2994. Cyprus' gas dilemma deepens

While Netanyahu's recent visit to Cyprus generated considerable attention, it's apparent that promises of cooperation in the Eastern Mediterranean have yet to materialize. ...

2995. Hagia Sophia to undergo massive restoration

The Turkish government has decided to start long-term maintenance and repairs of the former Orthodox Christian cathedral of Hagia Sophia in Istanbul, which was converted into a mosque, after scientists discovered significant damage both inside and outside the 6th century Byzantine monument....

2996. World-famous artist Botero breathes his last at 91

Fernando Botero, the Colombian whose voluptuous pictures and sculptures of overstuffed generals, bishops, prostitutes, housewives and other products of his whimsical imagination made him one of the world’s best-known artists, died Friday in Monaco. He was 91....

2997. Overcrowding woes continue at Athalassa Hospital as mental health patients pay the price

In an urgent plea, PASYKI has called for immediate intervention to resolve the dire overcrowding issue at Athalassa Hospital, terming it a ''hostage situation'' for mentally ill patients....

2998. Rising prostate cancer cases in Cyprus sound alarm bells for men's health

New data reveals a concerning increase in prostate cancer cases in Cyprus, with 656 cases detected in 2020, compared to 550 in 2019. Prostate cancer is the most prevalent form of cancer among European men, a...

2999. €5,000 fines for obstructing mobile cameras

In an effort to combat the growing problem of obstruction of mobile camera operators on roadways, the Minister of Transport, Communications, and Works, Alexis Vafeadis, has revealed a new bill that seeks to criminalize such behavior....

3000. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks