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1. Hellenic set to acquire CNP in multimillion-Euro deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

2. Health Insurance Organization fines 40+ providers €80K

The Health Insurance Organization (HIO) has imposed fines totaling 80 thousand euros on over 40 health providers in 2023 for abuses within the General Healthcare System (GHS), according to data obtained by the Cyprus News Agency (CNA)....

3. Court denies payouts to Helios crash victims' families

The Court of Appeal, in a majority decision, dismissed the appeals of the children of two deceased passengers of the ''Helios'' airline, who sought compensation from the Republic of Cyprus for the loss of their parents....

4. How Russia defies sanctions with its secret gas fleet

Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...

5. Audit uncovers mismanagement in Cyprus' public health system

In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...

6. Labor Minister discusses 'Cost of Living Allowance' for Cyprus

In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...

7. $4.25M per dose to cure rare genetic disease in children

The recent approval of Lenmeldy, a gene therapy designed to combat the fatal genetic disorder metachromatic leukodystrophy (MLD), has made headlines as it comes with a staggering price tag of $4.25 million per treatment. ...

8. Deal in the works for CNP Cyprus

The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...

9. GESY surgeons accused of off-system practices

In recent developments, rumors suggest that doctors within the GESY, particularly those in surgical specialties, may be providing services in non-GESY medical facilities....

10. The European Health Insurance Card (EHIC) is your passport to health

The European Health Insurance Card (EHIC) is a valuable resource for European citizens, providing access to essential healthcare services during temporary stays in 27 European Union (EU) countries. ...

11. Patients endure extended waits for beds amidst shortage

An elderly patient who suffered a stroke had to endure a grueling wait for a hospital bed at Pafos General Hospital's Intensive Care Unit (ICU) on Saturday, 22nd July....

12. California: Dismantling women's rights in the name of progressivism

Are there still women in California? They seem to have ceased to exist – at least as far as the state’s laws are concerned....

13. Burisma owner may have Bidens on tape

Shocking revelations in Washington suggest the owner of Burisma, a Ukrainian energy company registered in Cyprus, said he had secretly recorded phone conservations with Joe Biden as 'insurance policy' while accusations continue to build up against the FBI for redacting crucial information from a document alleging bribery and corruption...

14. Insurance premiums expected to rise slightly

Inflation-related losses are also occurring for general insurance policies. Cyprus' insurance policies will specifically follow the broad pattern of other nations and other international insurance companies,...

15. EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

16. Russia accuses West of spreading lies about cause of world's food crisis

Russia on Wednesday said the West was spreading lies about the causes of the global food crisis which Moscow said was being stoked by the sanctions imposed on Russia by the United States and European Union due to the invasion of Ukraine....

17. Doctor kicked out of GESY over fictitious charges

Prosecutors in Cyprus are moving forward with a case against a GESY doctor suspected of health insurance fraud, after officials found he had been racking up false claims for medically unnecessary injections...

18. Billionaire Mark Cuban opens online pharmacy to provide affordable generic drugs

Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....

19. A market-based solution to the anti-vaxxer problem

As the world grapples with the fast-spreading Omicron variant and its potentially devastating consequences, a major policy dilemma revolves around how governments might nudge the unvaccinated or partially vaccinated to join the ranks of those who are fully protected....

20. Bankrupt Cyprus Mines saga continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

21. Police arm up after Limassol fire and fury

Cyprus police came under immense pressure during Holy Week following incidents of chaos, anarchy, and even violence against officers, with arrests starting to pile up and efforts doubled in arming up the force with more riot gear...

22. Cyprus Mines insolvency deal under scrutiny in US

Cyprus Mines Corporation which filed for bankruptcy in the United States following hundreds of asbestos lawsuits has rejected accusations that a committee representing claimants was acting in bad faith, but lawyers representing victims are calling on a judge to rework a deal under intense scrutiny...

23. COVID-19 is adding new impetus to finance transformation

24. Jho Low movie gaining popularity

A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...

25. Thomas Cook crash is dry run for Brexit failures

Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011. ...

26. Four New Partners at Harris Kyriakides LLC

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

27. 527000 register with the GHS

28. North and south assess tornado damages

The government in the Republic of Cyprus is paying upfront for damages caused by tornado in rural Nicosia, while unprecedented destruction also took place in the north...

29. UK ship insurer setting up Cyprus office over Brexit

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access...