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1. Cypriot banks set to exceed 2023's record profits in 2024

Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...

2. No jurors chosen yet in senator Menendez’s corruption trial

Jury selection began in the corruption trial of U.S. Senator Robert Menendez on Monday, with a judge excusing dozens of prospective jurors in a case that could affect the Democrat's political future and the makeup of the U.S. Senate....

3. The Minister of Agriculture at the Green Agenda Cyprus Summit

Dr Maria Panayiotou studied History and Archeology at the University of Cyprus from where she graduated in 2004 with honors....

4. International student numbers fall in UK universities

Universities are reporting a steep drop in international students applying to come to the UK, amid warnings that further restrictions on student visas would torpedo a vital flow of talent for Britain’s creative industries....

5. Pro-Palestinian protesters flood Malmo streets over Israel's Eurovision presence

Not everyone in Malmo was welcoming the Eurovision Song Contest to town....

6. Household deposit rates surge as home buying loan rates dip

In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...

7. Controversy surrounds 17.5-year extension request for Nicosia ring road

Recent revelations concerning the implementation timelines of significant public works projects have shed light on longstanding challenges within the realm of project execution. ...

8. ECB maintains €6.76 billion worth of Cypriot government bonds

The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....

9. Ellinikon, Europe's largest smart city, begins its transformation

10. MoD breach exposes UK military personnel's names and bank details

The Ministry of Defence has suffered a significant data breach and the personal information of UK military personnel has been hacked....

11. Cyprus unemployment falls to 6%, similar to EU average

Unemployment in Cyprus dipped to 6% in March, aligning with the EU average and staying below the eurozone average of 6.5%, as per data disclosed by Eurostat, the EU's statistical office, on Friday....

12. Mexico: Three surfers found murdered over truck theft

Three tourists – Australian brothers Jake (30) and Callum Robinson (33) and American Jack Carter Rhoad (30) – were found murdered in Baja California, Mexico, authorities confirmed....

13. Government rejects proposal by Chevron-led consortium

The Cypriot government has once again turned down the proposal put forward by the Chevron, NewMed Energy, and BG Cyprus (Shell) consortium ...

14. Workers unite as May Day celebrations take place across the island

Workers across all cities celebrated International Workers' Day this year with various events and demonstrations, led by the Pancyprian Federation of Labour (PEO) organizing marches in every city....

15. Foreign students welcomed into labor market

Labour Minister Yiannis Panagiotou announced on Tuesday the government's decision to enhance foreign students' access to the labor market, citing its significance in the country's development planning...

16. Cyprus records 3.2% drop in March fuel sales

Total sales of petroleum products declined by 3.2% year on year in March with sales amounting to 108,200 tonnes. ...

17. New suspect sought in attempted murder of Andronikou

Another suspect sought in attempted murder case of 34-year-old Dimitris Andronikou, known as "Dimitroui," which occurred on Tuesday, April 23, 2024, on the road from Palechoriou to Anthoupolis. ...

18. Scotland's leader Yousaf steps down amidst turmoil

Scotland's leader Humza Yousaf resigned on Monday, further opening the door to the UK opposition Labour Party regaining ground in its former Scottish heartlands during a national election expected to be held later this year. ...

19. EU cracks down on TikTok lite over child addition concerns

European digital regulators are taking a stern stance against TikTok's latest feature, which rewards users for engaging with content, citing concerns over addiction, especially among children....

20. President engages in diplomatic dialogue with Cuellar

Government Spokesperson Konstantinos Letymbiotis said on Friday that a meeting between President of the Republic Nikos Christodoulides and UNSG's personal envoy for Cyprus Maria Angela Holguin is scheduled to take place in the first ten days of May....

21. Cyprus reports €133.1 million increase in March loans

In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus. ...

22. Court postpones hearing on disputed monastic funds

The Nicosia Provincial Court on Friday postponed the examination process of the application to cancel the warrants of confiscation of the property of the monks of the Holy Monastery of St. Avvakoum, including the sum of 807,000 euros....

23. Athens blanketed in Sahara dust, city bathed in orange glow

Clouds of dust from the Sahara covered Athens and other Greek cities on Tuesday, one of the worst such episodes to hit the country since 2018, officials said....

24. Baltimore turns to container owners for ship salvage funds

The owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should be held fully liable for the deadly collapse, according to court papers filed Monday on behalf of Baltimore’s mayor and city council....

25. Nicosia ring road faces setbacks, delays and budget overruns

The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....

26. Summer optimism in Cyprus tourism despite regional uncertainty

Tourism in Cyprus soared last March, boasting a 9.8% increase, welcoming 202,256 travelers. From January to March 2024, arrivals hit 415,251, marking a 5.4% rise....

27. Famagusta's tourism success, development struggles

Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....

28. Two Russians held for alleged spy activities in Germany

Two Russian nationals have been arrested in southern Germany suspected of plotting sabotage attacks on US military facilities, German prosecutors announced on Thursday....

29. IMF predicts growth and lower unemployment rates

The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by the International Monetary Fund (IMF) as part of the World Economic Outlook (WEO)....

30. Bob Menendez to implicate his wife in May corruption trial

In a case unsealed Tuesday, court papers suggest that Sen. Bob Menendez may seek exoneration at his May bribery trial by implicating his wife, according to CNN, ...