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1171. 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....

1172. 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....

1173. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

1174. Major government reforms begin with secretariat's launch

The Secretariat for the coordination and support of government work which is included in the Governance Programme of the President of the Republic, under the pillar "Restructuring the State", starts work on Friday, an Presidency press release says....

1175. AKEL blasts government amid rising bank profits

The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....

1176. ECB raises rates for the 10th time as it tries to quell inflation

The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....

1177. Deputy Minister Koumis paves way for more seats to Cyprus

Deputy Minister of Tourism Kostas Koumis had important contacts in recent days in Stockholm and Helsinki, with the aim of increasing the number of air seats offered to our country for the next year....

1178. Real estate prices surge by 7.7%

The prices in the Cyprus real estate market have been going up in recent years....

1179. 90% winter flight schedule boosts tourism hopes

Airlines based in Cyprus are planning to operate 90% of their flights during the upcoming winter season, as revealed by Maria Kouroupi, the Director of Communications and Marketing at Hermes Airports, in an interview with "K." ...

1180. Government cuts interest income rates from 30% to 17%

The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors. ...

1181. Big on big issues and small on small issues

Are you tired of scrolling and reading throughout long and multiple pages filled with every single detail of each accounting policy your entity of interest is using the last couple of years, only to find what really matters for you in page 25? Don’t get me wrong! I do that for living....

1182. CEO confidence in artificial intelligence tempered by social, ethical and security risks

CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...

1183. Houses and agricultural plots for sale by AstroBank

AstroBank is selling houses and agricultural plots at affordable prices in Paphos, Famagusta, Larnaca and Nicosia....

1184. Will Justice Minister and Chief of Police lose jobs over viral video?

When the video of Nikos Christodoulides' meeting at the Presidential Palace went viral the day after Limassol riots, many people thought that the Minister of Justice and the Chief of police might lose their jobs soon....

1185. Nicosia's traffic woes tackled head-on

Transport Minister Alexis Vafeades has labeled today as the year's worst day for traffic congestion, coinciding with the return of primary school students to their classes....

1186. Cyprus aims to shine with 'Cypriot Red Soil Potato' in European market

Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....

1187. Digital Agenda's €10,000 prize AI competition deadline extended

The application period for the Digital Agenda Alpha stage Artificial Intelligence Competition has been extended. Kyriakos Kokkinos, the former Deputy Minister of Innovation, made this announcement on "SPOR FM 95.0" during the "news drill" show. Initially, the deadline was set for September 10th, but due to high interest, it has been extended to September 16th. ...

1188. Did you make the list? 2022-2023 scholarships announced

The Cyprus State Scholarship Foundation's Board of Directors is excited to announce that on September 6, 2023, they released the names of individuals who have been awarded scholarships for graduate and postgraduate studies in both Cyprus and abroad for the 2022-2023 academic year. ...

1189. Jack Straw's 'two-states' plea for Cyprus sparks fury and accusations

The National Federation of Cypriots in the UK has dismissed an article penned by the British former Foreign Secretary Jack Straw in support of “two states” in Cyprus as “lacking substance and disregarding historical reality, international law and UK Treaty obligations to Cyprus.”...

1190. Rainy days ahead

The Meteorological Service has just released its latest forecast, and it seems like we're in for some weather excitement in the coming days....

1191. AstroBank: agricultural and residential land up for sale

AstroBank has listed agricultural and residential land in Nicosia, Larnaca, Famagusta and Paphos for sale at bargain prices....

1192. New bus lane opens, but where are the passengers?

In recent days, there has been a lot of talk about the increased traffic at the entrance of Nicosia. Many people think this is because of the new bus lane that started operating on September 4th....

1193. Chlorakas Council concerned over young jihadists infiltrating Paphos

In a recent letter addressed to the chairman and members of the House Standing Committee on Internal Affairs, the Chlorakas Community Council voiced concerns about the alleged influx of young jihadists in the Pafos area....

1194. Fattal Group acquires yet another holiday property in Cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

1195. Cyprus Apartment Showdown: Nicosia vs. Limassol

In our previous report, we delved into a comparative analysis of apartment sales in the Paphos, Larnaca, and Famagusta districts for 2022 and the first 7.5 months of 2023. Today, we shift our focus to the Nicosia and Limassol provinces, two significant players in the local real estate market....

1196. Israelis in Cyprus protest during Netanyahu visit

Israelis in Cyprus organized a protest rally on Monday morning as Israeli Prime Minister Benjamin Netanyahu arrived at the Presidential Palace for the Cyprus-Greece-Israel Trilateral Summit....

1197. A unique slice of France in China

In his posthumously published memoirs A Moveable Feast (1964), Ernest Hemingway famously wrote, "If you are lucky enough to have lived in Paris as a young man, then wherever you go for the rest of your life it stays with you, for Paris is a moveable feast." ...

1198. Former Finance Minister continues to question EuroAsia project

Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....

1199. Russia extends consular services to its citizens in the occupied side

Moscow will provide consular services to Russian citizens in the Turkish-occupied areas of Cyprus in a manner that aligns with its national interests, stated Maria Zakharova, the spokesperson for the Russian Foreign Ministry,...

1200. Fueling futures: Scholarships in energy studies await!

Following the Ministry of Energy, Commerce, and Industry's announcement regarding scholarships for studies related to Hydrocarbons (Natural Gas and Oil), Renewable Energy Sources (RES), and Energy Transition,...