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1801. Anastasiades' last hurrah

President Anastasiades is on his final diplomatic tour in the region before the end of his term, beginning with multilateral contacts in Egypt, where he has been since last Sunday in the framework of COP-27. ...

1802. Initial PEGA report - Cyprus is an appealing destination for spy goods

1803. FT: Former PWC Cyprus accountants take on company's Russian clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

1804. Defendants acquitted in first 'golden passports' trial

Nine defendants—5 people and 4 legal entities—were cleared and released from the 36 charges they were facing in the case involving the exceptional naturalization of foreign applicants by the Larnaca-Famagusta Permanent Criminal Court, which convened today, Friday, November 4. This decision was based on the Kalogeros ruling....

1805. Loans are increasing as interest rates rise

New loans provided by Cypriot banks rose by €217 million in September compared with August, driven mainly upwards by corporate loans over €1 million which rose by 127.6 million....

1806. Budget approved for 1,000 charging stations across the island

The Cabinet on Wednesday approved a proposal submitted by the Ministry of Transport for the installation of 1,000 public charging stations for electric vehicles, with a budget of 3.7 million euros....

1807. November 24th: D-day for non-GESY doctors

The court's decision to deny the request for non-GESY doctors to continue providing services in GESY-affiliated private hospitals until the case is heard on the 24th of the month changes the facts....

1808. Progressive school offering Waldorf and IB curriculums opens in the Limassol highlands

Tucked away in the mountains of Limassol, about 20 minutes from the sea, you’ll find a school like no other....

1809. EY holds Cyprus Attractiveness Forum: Investment Realized, a reference point for FDI in Cyprus

The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...

1810. €6 million chalet just one of several investments planned for the mountains of Cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

1811. Get your Santa fix at a Christmas village near you (video)

Following the success of last year's Christmas Villages, the Deputy Ministry of Tourism has announced that the project will be repeated this year, with seven Christmas Villages across Cyprus....

1812. Eleftherias Square is getting a bakery and a kiosk

1813. Cypriot author talks illegal surveillance with PEGA

Cypriot author Makarios Drousiotis said on Wednesday that illegal surveillance was still taking place in the Republic of Cyprus, as European lawmakers were on the island for a second day of meetings to uncover any unlawful activity amid spying scandals...

1814. ECB raises interest rates by 0.75%.

The European Central Bank recently decided to raise interest rates by 0.75%. This is the third consecutive increase (a 2% increase overall), and the base rate will now be 2%. The interest rate at which banks accept deposits has risen from 0.75% to 1.5%....

1815. Wim Van Aken talks recession and the predictions for Cyprus

We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....

1816. US Raptors swing by Cyprus with surprise detour

An unspecified number of F-22 fighter jets flew over Cyprus on Wednesday, with Greek media suggesting that a detour over the north of the island caught Turkey off guard...

1817. Another speed camera van shot at while on highway

Larnaca police are investigating an incident where a speed camera van parked along the highway was shot at, according to the driver who said he saw two persons on a motorcycle speeding away...

1818. October Newsletter of K. Treppides & Co Ltd: European Banking Authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1819. Cypriot president meets pope at the Vatican

Cypriot President Nicos Anastasiades met with Pope Francis at the Vatican on Monday, with the two men reportedly discussing bilateral issues including refugees following the Holy Father’s visit to the divided island last year...

1820. Boris Johnson or Rishi Sunak expected to be UK's next prime minister

Boris Johnson and his former finance minister Rishi Sunak were leading potential contenders to replace British Prime Minister Liz Truss on Friday, with candidates canvassing support to become Conservative Party leader in a fast-tracked contest....

1821. The new season of 'The Crown' depicts a royal family in crisis

The fifth season of "The Crown," which premieres on Netflix on November 9, is almost here....

1822. 'Cyprus made': When to expect the branded products

Local products can now be branded as Cypriot-made. After a year of work, consultations, and procedures, as well as research into international examples, a new brand name for Cypriot products has been developed: Cyprus Made - Unique by origin....

1823. Petrides: 'We will not impose new fuel taxes'

Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....

1824. Why is simple so complex? Will robots take over my job?

This year's Digital Agenda Summit did not disappoint. Speakers from all parts descended on Nicosia to present their views on technology, AI, generation 'Z', our future work environment, the changes to our health management and where we are heading in the future....

1825. IMF predicts a return to fiscal surpluses for Cyprus following the pandemic

Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....

1826. Cyprus is bursting, like a fat guy out of his leotard

Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....

1827. Ending Cyprus' energy isolation

After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....

1828. The EU's accession talks with Turkey are at a standstill

According to the European Commission's draft enlargement report, the EU has a strategic interest in a stable and secure environment in the Eastern Mediterranean, as well as in developing cooperation and a mutually beneficial relationship with Turkey....

1829. Americans show more interest in Greece's golden visa program

Americans’ interest in Greece’s Golden Visa program has marked a significant increase recently, according to the latest report of real estate experts Berkshire Hathaway HomeServices....

1830. Nouris: EU should sanction countries that instrumentalize migration

The EU should have concrete sanctions in place when there is proof that migrants are being instrumentalized, as in the case of Cyprus, Interior Minister Nicos Nouris said....