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2281. Lagarde announces a new interest rate hike in March

European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....

2282. Island remembers camps for Holocaust survivors

Cyprus and Israel commemorated on Thursday the 74th anniversary of the closure of the concentration camps for Jewish refugees and Holocaust survivors, who fled Europe after World War II for Israel...

2283. Plans to upgrade hotels in the mountains and countryside are underway

2284. #PoliticsBlog: The Judas kiss and the new ministers

But let us return to our own shocking kiss between Averof and Christodoulides: it was spontaneous, full of nostalgia for carefree moments in the past, and definitely tinged with liberalism, or, to be more precise, the popular European right. ...

2285. Cypriot minister upset after illegal dump incident

Environmental inspectors who went to an illegal dump in Limassol to probe allegations of waste management irregularities ended up fearing for their lives, prompting the environment minister to admit the state has been unable to deal with lawlessness...

2286. Five foreign policy challenges for the new President

The eighth President of the Republic of Cyprus takes over, as of March 1, exactly where his predecessor, Nicos Anastasiades, left off: That is, at a critical international juncture, due to the war in Ukraine, and just before the crucial elections in Turkey and Greece ...

2287. Become a High Commissioner for a week

This spring, for the first time, the British and Australian High Commissioners will open their doors and their diaries to select Cypriot school students who will join a range of the High Commissioners’ meetings and events from 6th – 10th March 2023....

2288. Apartment prices continued its upward momentum in Q4 2022

Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....

2289. Death toll surpasses 11,000 as Erdogan visits quake ravaged areas

President Recep Tayyip Erdoğan has visited the region of southern Turkey devastated by this week’s earthquake as the death toll rose above 11,000 and acknowledged that his government faced problems getting aid to victims....

2290. Marina Association 'surprised' by statement on Paphos marina

The development of Paphos Marina is moving forward, thanks to a Cabinet decision. This has been an issue for decades, and when the Deputy Minister of Tourism took office, he re-launched an effort to promote the project by preparing a feasibility study for its construction....

2291. Cabinet approves subsidies to fund digital business upgrades

At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....

2292. US looking for wreckage of a possible Chinese spy balloon

US Navy divers are working to recover the wreckage of the Chinese surveillance balloon that was shot down off the coast of South Carolina....

2293. Christodoulides certain he will be the next president of Cyprus

Presidential candidate, Nikos Christodoulides, has expressed certainty that he will be the winner of the elections, noting that he will seek to have meetings with Cyprus President, Nicos Anastasiades, and Democratic Party leader, Averof Neofytou, in view of the second round of the presidential elections that will take place on February 12....

2294. DISY will now face difficult decisions

The embarrassed expressions on the faces of government and DISY executives who had rallied around Averof Neophytou after his defeat were indicative of the difficult dilemmas DISY will face in the coming day. ...

2295. The favorable ones

The brightest minds and talents ought to be drawn to politics. People who participate in politics for the country's benefit rather than to gain an advantage and cling to power while siphoning off what they can....

2296. Cyprus at the crossroads

South African citizens/voters had two choices in deciding their country's future in 1990. The first option was to maintain the status quo, which would have resulted in a major civil war that would have destroyed the country and resulted in many deaths....

2297. Interest rates in Cyprus continues its steady rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

2298. Less Painful, More Accurate Mammograms?! What Took So Long?

Welcome to Wells $treet! If you know anything about me, you know I like an offbeat business story. So when I scheduled my annual mammogram this year, I thought, “Isn’t there a better, more comfortable way to do this? Can’t someone disrupt this industry? Doesn’t anyone care?”...

2299. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

2300. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

2301. Turkey: The stance of the '6' on Cyprus

The publication of the foreign policy positions of the coalition of six opposition parties (led by the Kemalist CHP) contesting Erdogan's power is of particular interest,...

2302. Nouris: 'The cause of Cyprus' immigration problem is Turkey'

Interior Minister Nicos Nouris said on Monday that Turkey is the eliciting factor of the migration issue in Cyprus, speaking at a press conference where he presented the work of his Ministry during his term....

2303. Guarantor wants off the hook over old bad loan

Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...

2304. Why didn't they vote?

This may seem unthinkable in Nicosia, but journalists interested in learning more about the upcoming Cypriot presidential elections, both officially and unofficially, have one question: is there any chance that Cyprus' stance on the European Union's response to Russia's invasion of Ukraine will change, and will we have "another Viktor Orban?"...

2305. US government moving ahead with intention to sell F-16's to Turkey

The Biden administration is moving ahead with its intention to supply Turkey with 40 new F-16 fighter jets and upgrade 80 of the country’s older ones....

2306. Terracotta roof tiles that act as invisible solar panels

In the historic Italian city of Vicenza, Veneto, a typically-Italian family business of artisans is handmaking not-so-typical solar panels....

2307. Paphos: Over 15 million euros in foreign investment in 2022

According to the Paphos Chamber of Commerce and Industry, foreign investment in the city has surpassed €15 million. ...

2308. The demand for new homes is dwindling

The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....

2309. Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...

2310. Lavrov plays passive aggressive towards Cyprus

"Greece and Cyprus have been among the most welcoming countries to us in recent years. There have been numerous joint cultural and educational events....