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1351. Government achieves €155.5M surplus in 2023

Cyprus government's surplus for the first half of 2023 increased to €155.5 million, equivalent to 0.5% of GDP, compared to a deficit of €92.4 million (-0.3% of GDP) for the period of January-June 2022, based on preliminary fiscal results from the Statistical Service of Cyprus. ...

1352. Vafeades announces affordable bus service from GSP stadium in a month

Transport Minister Alexis Vafeades addressed the traffic problem, stating that the solution does not lie in building more roads, but rather in reducing the number of cars on the existing roads....

1353. Growing up in refugee camps

The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....

1354. European leaders standing firm against Erdogan's tactics

Turkish President Recep Tayyip Erdogan is riding high after extorting Europe and forcing not only Sweden but also NATO to humiliate themselves as supplicants caving to extortion. ...

1355. Europe dominates 7/10 searched summer getaways

The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....

1356. ECB dilemma with core inflation at 5.5%

The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....

1357. Building land for sale by AstroBank

AstroBank has listed building land for sale in the districts of Paphos, Nicosia and Larnaca....

1358. Chinese fans embrace 'Barbie' for feminism

In recent years, China’s box office has been dominated by homegrown movies often with a nationalist lean, such as patriotic war epics. But this weekend, a different type of film captured national attention – one that’s decidedly American and bubblegum pink....

1359. PM Mitsotakis to advance Greek-Turkish relations

Determined to pursue a "progressive" policy in the field of international relations as well as on the domestic front through broader consensus, Kyriakos Mitsotakis approaches the beginning of his new term as Prime Minister, even without the opposition's willingness to cooperate due to partisan calculations....

1360. Ηead & Hand: Akamantis by artist Kyriaki Costa

1361. Greece tops billionaires' Mediterranean getaways

Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....

1362. Calum Chase at the Digital Agenda Cyprus Summit

Calum Chase is a best-selling writer and sought-after speaker on artificial intelligence. He focuses on the medium- and long-term impact of AI on all of us as individuals, societies and economies....

1363. Telecom giant Primetel faces administration

In a recent development, Primetel, a prominent telecommunications company, has entered administration. The company officially informed the Office of Electronic Communications and Postal Services about this significant change in its status....

1364. Government's solar power initiative for vulnerable homes

The government is currently working on the installation of free solar power systems for vulnerable individuals....

1365. Platres Mayor proposes university units in Troodos

Panagiotis Papadopoulos, the Mayor of Platres and President of the Troodos Network, recently spoke on SPOR FM's DIAPORA NEWS show to discuss the development of university units in Troodos, the region's economic and touristic enhancement, job opportunities, and this year's tourism trends....

1366. Brexit regrets: The UK's changing tune on EU exit

British nationals are expressing increasing regret over the decision to leave the European Union, according to a recent YouGov survey. Despite Prime Minister Rishi Sunak's claims that Brexit brought benefits to the UK, over half of the population would now vote to remain in the EU if a referendum were held again....

1367. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

1368. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

1369. President honors fallen heroes on Memorial Day

Today, President Nikos Christodoulides of the Republic of Cyprus participated in a special memorial service at the Tomb of Makrasyka to honor the brave officers and soldiers who lost their lives during the Turkish invasion....

1370. EuroAsia Interconnector secures record-breaking contract

Paris-based Nexans will undertake the construction and installation of the High Voltage Direct Current (HVDC) Cable Systems, marking a significant milestone in the EuroAsia Interconnector project. ...

1371. Cabinet announces members of Advisory Council

The Council of Ministers, chaired by President Nicos Christodoulides, convened today at the Presidential Palace. Following the meeting, Government Spokesman Konstantinos Letymbiotis informed reporters of the Council's decision to appoint the following individuals as members of the Advisory Council:...

1372. Alternatives for EU-Turkey relations?

Turkey’s EU accession process cannot resume under current circumstances, and new possible ways to cooperate should be explored through a “parallel and realistic framework”, according to the report adopted by the Foreign Affairs Committee (AFET) of the European Parliament which was approved on Tuesday, and which includes extended references to the Cyprus Problem....

1373. President exudes ''cautious optimism'' for Cyprus problem resolution

Cyprus President Nikos Christodoulides conveyed "cautious optimism" after being briefed by EU leaders at the EU-Community of Latin American and Caribbean States (CELAC) summit. The discussions with Turkish President Tayip Erdogan during the NATO meeting in Vilnius were among the key topics discussed....

1374. Tourism to drop by 10% in the Mediterranean

According to tourism agencies and experts, the high summer temperatures in Southern Europe could permanently change tourist habits, with more travelers choosing more relaxed destinations or taking their vacations in spring or autumn to avoid excessive heat. ...

1375. Banking on success: Greek and Cypriot banks show remarkable credit improvement

Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....

1376. Gasoline trade in divided Cyprus

The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...

1377. Ship with Turkish flag raises concern in Cyprus

Concern was raised by the ship with the Turkish flag that was spotted off the coast of Limassol....

1378. President and FM to join EU-CELAC meeting

Cyprus' President Nikos Christodoulides is set to participate in the Summit of the European Union and the Community of Latin American and Caribbean States (CELAC) in Brussels on July 17 and 18....

1379. DAAS-AI: Digital Agenda Alpha Stage AI start-up competition

The Digital Agenda introduces the Alpha Stage Start-ups Innovation Platform, where startups and innovation teams have the opportunity to participate in the Digital Agenda Alpha Stage Artificial Intelligence Competition, known as DAAS-AI, ...

1380. Shanghai students do it Greek style

In the age of digital society and social media, a viral TikTok video has the power to transform lives and introduce an unexpected culture to the world. ...