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1291. Alphamega Hypermarkets and Bean Bar reward employees with pay rises

C.A. Papaellinas Emporiki Ltd granted its annual pay rises of more than €4.5m ...

1292. Politico: Greek companies under scrutiny in EU fund fraud probe

Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece. ...

1293. Israel fast-tracks Sea Interconnector Project

Israel’s authorities requested the acceleration of procedures for the implementation of the Great Sea Interconnector project (Greece-Cyprus-Israel), in the section of the Cyprus-Israel power linkup....

1294. Larnaca port echoes Vasilikos unrest

The ambitious redevelopment of Larnaca's port, a cornerstone of the city's growth, has hit a rough patch....

1295. Construction at Cape Greco Monastery marches on despite Municipal opposition

After facing criticism for inaction over the construction of a monastery in the Natura area of Cape Greco, Mayor Christos Zannetos of Ayia Napa addressed the situation before the Parliamentary Environment Committee....

1296. Another whistleblower sparks concerns over Boeing 787 Dreamliner safety

According to the Washington Post, the Federal Aviation Administration (FAA) is delving into fresh claims by a long-serving Boeing engineer asserting that sections of fuselages on the company's 787 Dreamliner planes have been improperly fastened together....

1297. Immigrant takes fatal plunge during immigration raid

In a tragic turn of events, an immigration raid conducted by the Aliens and Immigration Service in Limassol ended in disaster when a suspect, in a bid to evade authorities, plunged to his death....

1298. Hellenic Bank's pursuit of CNP Cyprus uncovers uncertainties

The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....

1299. Businesses turn to banks amid funding crunch

In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....

1300. Austrian spy allegedly passed data to Russian operatives

Austria is reeling from what authorities are calling its most significant espionage scandal in decades. At the center of the storm is the arrest of Egisto Ott, a former intelligence officer whose alleged actions have unveiled a web of Russian infiltration and manipulation within the country. ...

1301. Accelerated aging linked to rising young adult cancer rates

Researchers investigating the surge in certain cancers among younger adults have uncovered a potential link to accelerated biological aging, according to CNN....

1302. Spain to end ''golden visa'' scheme for real estate investment

Spain's Prime Minister, Pedro Sanchez, announced the discontinuation of the ''golden visa'' scheme, which grants residency rights to foreigners investing in real estate....

1303. Deloitte reveals steady surge in Cyprus real estate transactions

Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....

1304. President Christodoulides hails financial progress with new CBC Governor

The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....

1305. Thanos Hotels' bold move into Greek hospitality

With over 50 years of experience in the hospitality industry and a track record of highly successful operations in three ultra-luxurious hotels in Cyprus......

1306. April Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

1307. Six years of oversight culminate in medicine warehouse catastrophe

This quote poignantly illustrates the entrenched mindset of public administration, often characterized by inefficiency rather than efficacy....

1308. Green marketing: The truth behind eco-friendly claims

The deceptive practice of greenwashing, aimed at misleading consumers about the environmental qualities of products or services, is drawing increasing scrutiny....

1309. Boeing's engine cowling detaches mid-takeoff, strikes wing

US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap, the latest in a series of safety problems facing the aircraft manufacturer. ...

1310. The absence of accountability

The recent bout of inclement weather has brought to light a glaringly scandalous agreement between the government and a private entity. In this arrangement, ...

1311. Serious car accident closes road between Palechori and Nicosia

A serious car accident occurred Monday morning (08/04) on the road from Palechori to Nicosia, specifically the section from Anagia to Dytiki. The road remains closed at this time. One person sustained serious injuries in the accident....

1312. Accusations against Von der Leyen shake re-election bid as Brussels elite speak out

Ursula von der Leyen’s bid for a second term as president of the European Commission has been dented after accusations of favouritism in the selection of a fellow party member to a lucrative new job. ...

1313. Thousands of students' whereabouts unknown in occupied territories

An investigation conducted by a parliamentary committee in the occupied territories has unveiled a concerning reality: between 4,000 to 10,000 individuals with student status remain unaccounted for, as reported by the "immigration department."...

1314. Health Ministry suffers €880,000 loss in warehouse damage

In a session before the Parliament's Health Committee, officials reported €880,000 in damages to 149 pharmaceutical preparations, affecting 105,401...

1315. EU probes Chinese subsidy claims in Romania solar tender

1316. Vehicle damaged in late-night explosion

Authorities in Paphos have been mobilized following a bomb explosion targeting a vehicle on Thursday night, April 4. ...

1317. Audit exposes serious issues in collecting unpaid taxes in Cyprus

An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....

1318. Chevron's new proposal for ''Aphrodite''

March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...

1319. Cyprus Investment Association unveils €8 billion in projects

Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...

1320. Controversial raffle lands Metropolitan in hot water

Despite being deemed illegal by multiple government authorities, including the Ministry of Interior, the Department of Urban Planning......