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1741. The landscape of bank equity is changing in Cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

1742. Leaked UN report on Cyprus raises eyebrows

A draft report by the UN Secretary General on the peacekeeping force in divided Cyprus has been leaked to Greek Cypriot media, prompting political pundits to point to bleak and candid references to a host of divisive issues including...

1743. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

1744. France offers free condoms in wake of an increase in STD's

Free condoms are now available to young people under the age of 26 at French pharmacies as part of what French President Emmanuel Macron has called “a small revolution in preventative healthcare.”...

1745. How concerned is Cyprus about China?

Europe has been put on alert by the rapid increase in coronavirus cases in China, following the lifting of the zero covid policy, with member states' health authorities consulting on possible measures to be imposed on Chinese travelers. ...

1746. The most likely scenario for the drugs found in Protaras

Stelios Sergides, deputy commander of the YKAN, told CNA that 340 kilos of cannabis, 38 kilos of cocaine, 3.5 kilos of ecstasy pills, and 4.5 kilos of methamphetamine were seized in Cyprus in 2022, with the number of drugs increasing over the previous five years....

1747. Lowest number of road deaths recorded in 2022

The Ministry of Transport, Communications and Works announced that 2022 was the year with the lowest number of road fatalities (37) with a decrease of 17.8%% compared to 2021....

1748. Russians flying to northern Cyprus sextupled in 2022

The number of Russian nationals who flew to northern Cyprus went up sixfold last year, when calls for direct flights in the unrecognized part of the divided island gained traction after an EU flight ban in the south...

1749. Dubai abolishes alcohol tax

According to the BBC, Dubai is eliminating the 30% alcohol tax and will no longer require personal alcohol licences, which are required for anyone wishing to consume alcohol....

1750. 105 bird poachers convicted in 2022

The Committee Against Bird Slaughter (CABS) has contributed to the arrest and conviction of a total of 105 poachers in 2022, following the arrest of three hunters in the last days of the year....

1751. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

1752. Former Pope Benedict XVI dies

Pope Emeritus Benedict XVI, the shy German theologian who tried to reawaken Christianity in a secularized Europe but will forever be remembered as the first pontiff in 600 years to resign from the job, died Saturday...

1753. Cypriot hospitals swarmed with viral infection cases

State hospitals have witnessed an increased flow of patients with viral infections a spokesman for the State Health Services Organization told CNA, adding that occupancy in all pediatric clinics is particularly high due to viral infections...

1754. Snow melts fast in rare white Christmas tease

A rare white Christmas captured on video Monday morning lasted only hours in Cyprus, with snowflakes in Troodos mountains melting in the daytime while cold temperatures and strong winds stuck around through the evening...

1755. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

1756. Cash still king as Cypriots take digital leap

The growing preference of Cypriots for digital means of payment, but also the desire to maintain the ability to pay with cash and checks, are the main conclusions of the report of the Central Bank of Cyprus on Retail Payments in Cyprus for the years 2014-2021...

1757. In the wake of the image

"Let me introduce you to our Elena Rapti," Spyros Vougias told journalist Giorgos Papachristos some 20 years ago when Eva Kaili made her political debut with PASOK....

1758. Lack of 'discounts' for the holiday table

This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....

1759. Introducing 'EnterCY', Cyprus' newest sightseeing app

The creation of the EnterCY platform and application brings us one step closer to integrating technology into the tourist experience offered to visitors to Cyprus...

1760. The winners and losers of the Archiepiscopal elections

The primary topic of discussion in the first round of voting last Sunday was the creation of the tripartite list from which the Holy Synod will select the incoming Primate of the Church of Cyprus. It cannot, however, be considered the only one....

1761. The Belgian wheel is in motion...

Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...

1762. €651.4 million of government surplus recorded until September 2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

1763. Calls to protect vulnerable borrowers from interest rate hike

The Association for the Protection of Bank Borrowers (SYPRODAT) has accused the government of "complete apathy" in the development of support measures for vulnerable borrowers in the aftermath of the European Central Bank's (ECB) continuous increase in interest rates and amid conditions of unprecedented accuracy....

1764. The fierce battle for second place

1765. Cyprus Airways flights up 406% in November compared to last year

Cyprus Airways announced today that a 406% increase was recorded in flights last November, compared to the corresponding month in 2021....

1766. What did Cypriot consumers purchase in 2022?

Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...

1767. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

1768. Cyprus 7th in the EU in generating waste

The total amount of municipal solid waste generated in Cyprus in 2021 stood at 570 thousand tonnes compared to 543 thousand tonnes in 2020, recording an increase of 5%....

1769. ECB raises interest rates by 0.5%

Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....

1770. NHS nurses walk out in first strike in over a century

Nurses across much of the UK launched a historic strike on Thursday, as they walked out of hospitals and onto picket lines after several years of falling pay and declining standards left the country’s nationalized health care system in a state of crisis....