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1501. Trickier travel looms as Eurostar ends direct trains from London to Disneyland Paris

Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....

1502. Childhood cancer rates in Cyprus among the world's highest, says expert

Children's cancer rates in Cyprus are among the highest in the world, Dr. Loizos Loizou Professor of Pediatrics, Pediatric Oncology, has told CNA, adding that they are investigating the causes....

1503. Finance Minister requests containment of lending rates for housing loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

1504. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

1505. Assets of US and UK sanctioned entities in Cyprus will be frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

1506. Cyprus tourism surges with 61% increase in Q1 2023

Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in the corresponding period of 2022, according to data published by the Cyprus Statistical Service on Tuesday....

1507. Heatwave alert! Temperature soars to 34 degrees with hazy skies

Brace yourself for a scorching heatwave as the temperature hits 34 degrees, while a weak high-pressure system lingers in the area. To add to the discomfort, thin dust particles will hang in the atmosphere until Wednesday, making the air hazy and dusty. Stay cool and take the necessary precautions to beat the heat!...

1508. Cyprus tops EU in granting temporary protection to Ukrainian refugees

According to data released by Eurostat, in February 2023, Cyprus recorded the highest ratio of Ukrainian citizens granted temporary protection per thousand people (1.1) among the EU member states with available data, followed by Czechia (0.9)....

1509. Talk about Arcturus variant reaches Cyprus

So far we do not know whether the new COVID variant Arcturus has reached Cyprus, Professor of Microbiology and Molecular Virology at the School of Medicine of the University of Nicosia, Dr. Petros Karayiannis told the Cyprus News Agency...

1510. Easter Table: Lamb and Flaounes more expensive

The price of lamb has skyrocketed to an average of 11.5-12 euros per kilo this year, while last year it was 8-8.5 euros per kilo on average. At the same time, the price of another Easter product, flaounes, is also high, specifically 18 euros per kilo on average, while last year it was 14 euros....

1511. Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

1512. Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

1513. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

1514. Greek banks freeze mortgage installments for 12 Months

Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....

1515. Bookings for Cyprus countryside accommodation rise during Easter holidays

According to official data released by the Deputy Ministry of Tourism, bookings for countryside accommodation in Cyprus increased during the Easter holiday season....

1516. Government casual staff up, permanent down 3.3%

Total government employment decreased by 3.3% in March 2023, compared to March 2022, according to data published by the Statistical Service on Tuesday. Total persons employed by the Government amounted to 1,778 and reached 52,103 persons...

1517. 75.6% increase in motor vehicle registrations in March 2023

Total registrations of motor vehicles in March 2023 numbered 4,270, recording an increase of 75.6% compared to 2,431 in March 2022, according to the report entitled "Registration of Motor Vehicles" for the period January-March 2023, published by the Cyprus Statistical Service on Monday.Hi...

1518. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....

1519. Dust concentrations expected to increase with possibility of light rain

Starting tomorrow, Saturday, there will be increased concentrations of dust in the air. Additionally, the Meteorological Service predicts the possibility of light local rains throughout the weekend....

1520. Cypriots buy more food than needed

A recent report has found that Cypriots have a tendency to purchase more food than they actually need, leading to unnecessary waste and higher expenses...

1521. January 2023 sees significant surge in building permits

The total value of building permits in January 2023 increased by 45.8%, compared to January 2022, according to data published by the Statistical Service on Friday. At the same time, the total area increased by 28.5%...

1522. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

1523. Our top priority is ensuring accessible and high-quality medicines, says Kyriakides

"A 'strong European Health Union' will contribute to the building of strong, resilient, and sustainable health systems of tomorrow that will ensure better care for patients," said Commissioner Stella Kyriakides in her message for World Health Day....

1524. Macron's mission in China: Convincing Xi on Ukraine

1525. French furious over retirement age increase of 2 years

Hundreds of thousands of people are expected to fill the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron....

1526. Philip Lane: Next ECB decisions on interest rates will be based on data (Video)

Philip Lane, the Chief Economist and member of the European Central Bank's (ECB) executive board has said the bank's next monetary policy decisions will be based on incoming data,...

1527. Cypriots prepare for a sunny Greek Easter of biblical proportions

With Greek Easter just around the corner, Cypriots are preparing for a feast of biblical proportions. This holiday marks the end of a 40-day fasting period for many, and the locals are eagerly anticipating indulging in all of their favorite Easter treats....

1528. Occasional cloud cover and gradually rising temperatures?

Good afternoon, and welcome to today's weather report. For the day, we can expect occasional increased cloud cover in some areas. The winds will mainly be from the southwest to northwest direction, moderate, with a force of 4 Beaufort....

1529. Cyprus bill proposes stricter penalties for dog owners

A bill amending existing animal welfare legislation which is being discussed at the parliamentary committee level aims to introduce strict penalties for dog owners but leaves untouched provisions to do with the euthanasia of dogs, something that has sparked the reaction of animal welfare organizations....

1530. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...