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1861. 20-year-old arrested for attacking police in late-night incident

Shortly after midnight, Polemidia police officers conducting crime prevention checks in Limassol encountered a 20-year-old man pushing a motorcycle with its engine off. When approached, the man assaulted one officer by pushing him backward....

1862. Cyprus boosts R&D Funding by nearly 20%, spending €138M in 2023

Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....

1863. Central Bank revises GDP growth to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

1864. FT: Global stock markets tumble amid US recession fears

Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....

1865. Corruption at the heart of the Cyprus problem

Is there any doubt that corruption is a major reason why the Cyprus problem remains unresolved? A recent example is the Vasiliko case, the construction project of the ''Liquefied Natural Gas Storage and Regasification Terminal'' in Vasiliko....

1866. DISY President urges transparency amid Vasilikos scandal

DISY President Annita Demetriou's call for transparency regarding the Vassilikos scandal carries dual significance. ...

1867. Cypriot and foreign investors keen on Larnaca's €30M Marina project

Transport Minister Alexis Vafeadis announced significant interest from both Cypriot and foreign investors in the development of the Larnaca marina and port....

1868. Two suspects in Limassol double murder remanded for 8 days

Two men, aged 19 and 23, were remanded for eight days on Friday in connection with a double murder investigation. ...

1869. Ministers allegedly unaware of EU probe into Vasiliko project

The European Commission has launched an investigation into the Vasiliko project, sparking a wave of controversy and finger-pointing among Cyprus officials....

1870. Former Ministers to pay fines after Interconnector tax probe

Fines and fees for former officials linked to Interconnector companies....

1871. Uber to add 100,000 electric cars to its global fleet

Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....

1872. Eurobank Cyprus reports €105.7M net profit for H1 2024

Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....

1873. Greece battles major sheep and goat plague in 11 regions

New cases of sheep and goat plague are expected in Greece, with 35 outbreaks already reported across 11 of the country's 13 regions, according to Agriculture Minister Kostas Tsiaras. Movement and slaughter bans will remain in effect next week to curb the spread....

1874. Athens on high alert over possible Israeli target attack

The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....

1875. Financial disputes linked to double murder in Limassol district

The mystery surrounding the double murder in the Limassol district began to unravel after a missing person report led to the identification of one of the victims. Authorities have identified one victim as Andreas Kouzoupi, 39, from Arakapa. ...

1876. Father arrested for negligence in death of newborn in Nicosia

A case of severe negligence leading to the death of a three-month-old baby girl has shocked Cyprus. Authorities have arrested the 23-year-old father and are seeking the 22-year-old mother, who is believed to have fled to Greece....

1877. Larnaca Marina gets €30M upgrade, port project postponed

The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....

1878. Politics Blog: Cyprus wins the gold medal for corruption

The column, in an unsuspecting moment and while all the relevant officials were reassuring you, was the first to write about the impending fiasco of the mammoth projects in Larnaca and warned that what would follow with the project in Vasilikos would be infinitely worse....

1879. Olympic medalists receive life-changing rewards from home countries

1880. Police probe double homicide after charred bodies incident

Authorities are investigating a suspected double homicide after the discovery of two charred bodies in a burned vehicle in the Lisovouno area of Limassol....

1881. Cyprus government rakes in over €424M in surpluses this year

Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...

1882. Police look for answers after charred bodies found in burnt car

The discovery of two charred bodies in a burnt car in the area of Lystovouno, Limassol district, has left authorities grappling for answers as they investigate the circumstances surrounding the mysterious incident. ...

1883. Vasilikos: Cyprus political figures and public officials to be summoned

The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....

1884. Olympic Men's Triathlon postponed due to Seine water contamination

The men's triathlon at the Olympic Games has been postponed due to poor water quality in the River Seine, despite significant investments in infrastructure. ...

1885. Cyprus relaunches LNG terminal tender after €0.5B contract termination

Cyprus will soon launch tenders for the completion of the Liquefied Natural Gas Terminal for electricity generation, despite the termination of a €0.5 billion......

1886. Police seize truck with unmarked meat heading for occupied side

On July 25, 2024, Cypriot authorities seized a commercial truck attempting to transport over two tonnes of unmarked fresh meat to the occupied territories from an unauthorized crossing point, following a notification from the police....

1887. Real estate investment opportunities by AstroBank

AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residnetal and agricultural properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta, and Paphos. ...

1888. Eurobank to revamp Hellenic Bank's leadership in September

Eurobank is now focusing on the next steps following the completion of its tender offer for a 100% acquisition of Hellenic Bank, finalized on Tuesday, June 30, 2024. ...

1889. Hamas leader killed in alleged Israeli airstrike

Hamas's top political leader, Ismail Haniyeh, has been killed in Iran, the group confirmed on Wednesday. ...

1890. July Newsletter of K. Treppides & Co Ltd: European Securities and Markets Authority

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....