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661. Commissioner in Cyprus to probe Russian asset freeze

Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...

662. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

663. Banks announce measures on interest rates

Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....

664. Household electricity and gas prices surge across EU in 2022

In the second half of 2022, average household electricity prices in the EU continued to show a sharp increase compared with the same period in 2021, from 23.5 euros per 100 kWh to 28.4 euros per 100 kWh in the EU, and from 23.0 euros per 100 kWh to 32.6 euro per 100 kWh in Cyprus, according to data released by Eurostat, the statistical service of the EU....

665. The unintended consequence: How Our online history built the AI industry

The AI boom is built on data, the data comes from the internet, and the internet came from us....

666. Folli Follie trial set for June after lawyers' abstention ends

The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...

667. The Turkish formula for Cyprus is challenging

A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...

668. US Congress members sold bank shares amidst banking crisis fears

On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....

669. 'The goal is 1,000 voluntary returns per month,' says Ioannou

The government of Cyprus has outlined a four-pillar plan to address immigration issues, according to Interior Minister Konstantinos Ioannou. The first pillar is to limit the flow of asylum seekers entering Cyprus, followed by managing asylum applications and reception areas more efficiently....

670. Elon Musk plans to create 'TruthGPT', a non-Liberal AI

Billionaire Twitter owner Elon Musk is again sounding warning bells on the dangers of artificial intelligence to humanity — and claiming that a popular chatbot has a liberal bias that he plans to counter with his own AI creation....

671. Snowfall blankets Troodos just days before Easter

A wintry night on Wednesday brought severe weather to Cyprus, causing various problems. However, the snowfall that followed transformed Troodos into a magical landscape....

672. Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

673. U.S. scrambles to reassure allies after Ukraine intel leak

Senior U.S. officials are scrambling to address concerns and questions from allies in Europe, the Middle East, and Ukraine following the leak of highly classified information about the war in Ukraine and other global issues. ...

674. EY report: Governments need new ways of working to seize digital opportunities

Governments around the world are at risk of failing citizens through lack of digitalization, according to EY research presented in a new report: “How can government workers and technology align to serve future citizens?”. ...

675. Pre-book your security check at Schiphol airport and avoid long queues

Schiphol Airport has announced that passengers can now go through the security check at a time of their choice by simply reserving a time slot before departure....

676. Macron's mission in China: Convincing Xi on Ukraine

677. French furious over retirement age increase of 2 years

Hundreds of thousands of people are expected to fill the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron....

678. Minor hospitalized in adult psychiatric ward due to bed shortage

The PASYDY Mental Health Nursing Staff Branch has expressed their deep concern about the hospitalization of a minor at the Athalassa Hospital, due to a lack of beds in the Children and Adolescent Inpatient Department, which could lead to overcrowding of all mental health structures....

679. Completion of Project Starlight

680. U.S. reporter arrested and accused of spying in Russia

Russia on Thursday charged an American correspondent for the Wall Street Journal with spying, in a case certain to escalate Moscow's diplomatic feud with Washington over the war in Ukraine and likely to further isolate Russia....

681. Cabinet cracks down on stadium violence

Following the riots inside and outside the Eleftheria stadium, the government places the fight against violence in sports venues squarely on the shoulders of the police. ...

682. Herodotou: 'European banking system in good health'

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

683. 43% of motorcyclists who died in Cyprus in 2021 did not wear a helmet

According to a recent report by the European Transport Safety Council (ETSC), 43% of motorcyclists and moped users who died in road accidents in 2021 did not wear a helmet. ...

684. Sustainability is the name of the game

The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...

685. EC pushing Cyprus to pass home VAT bill or risk sanctions

Cyprus is currently facing a serious issue with the 5% VAT rate for first-time homeowners. The European Commission has issued a final warning to pass a bill that regulates the issue that has been ongoing since 2020....

686. Single EU work & residence permit for 3rd country nationals

The Members of the European Parliament’s Civil Liberties Committee have agreed today on a draft legislation that updates the way single work and residence permits for third-country nationals are issued....

687. Americans traveling to Europe for cheaper Beyonce tickets

American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....

688. US report: Harsh conditions in Cyprus prisons

The US State Department's Human Rights in Cyprus 2022 report highlights significant human rights issues in Cyprus. The report states that there were credible reports of harsh conditions in prisons and detention centers, particularly for asylum seekers....

689. Many Cypriots are climate-aware and ready to fight

According to the European Investment Bank's (EIB) annual Climate Survey, 83% of Cypriots under 30 consider the environmental impact of their future job to be a significant factor in their career choice, while 25% consider it a top priority....

690. Sense of calm prevails in the Aegean

The improvement of relations between Greece and Turkey and the sharp decrease in tensions is not only at the diplomatic level but also, and almost in tandem, with the operational situation on the ground...