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1141. Local home buyers feel priced out in divided Cyprus

Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...

1142. One step for East Med gas but no giant leap

An Israeli gas company with Greek interests wants to lay a subsea pipeline from Aphrodite natural gas field to a facility in Egypt, a proposal potentially seeking to reduce time and cost but also bypassing the issue of Turkey...

1143. Minister calls for duty-free halloumi exports to Australia

Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. Subtitle: ...

1144. Why are food prices so high in Europe?

It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....

1145. Cyprus tourism soars despite Russian sanctions

Tourism in Cyprus appears to be recovering from the repercussions of sanctions on Russia, following the invasion of Ukraine, recording an increase of 8% compared to 2019 which was a very good season for the island, according to figures discussed on Tuesday during a parliamentary committee on tourism in the presence of Deputy Minister of Tourism Kostas Koumis....

1146. From 25% to 5% smoking rate by 2040, says Kyriakides

Health and Food Safety Commissioner Stella Kyriakides, in a prelude to World No Tobacco Day on May 31, emphasized the Commission's ambitious objective of reducing smoking from 25% to a mere 5% of the population by 2040 in her written message....

1147. Is there an energy plan, or isn't there?

When in 2011 Cyprus discovered natural gas in "Aphrodite," the discussion about geopolitical upgrading was so intense that it led to the creation... of a movie titled "Block 12" and the establishment of specialized studies in oil & gas....

1148. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

1149. EU launches innovative support center for Green Line trade

The European Commission has announced the establishment of an information and support center, in collaboration with the Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (TCCC), to facilitate legal trade across the Green Line for Cypriot businesses and individuals....

1150. Energizing surprise: Abundance of energy sends prices plummeting in Finland

Finland was dealing with an unusual problem on Wednesday: clean electricity that was so abundant it sent energy prices into the negative....

1151. Cyprus resolute on natural gas plans despite geopolitical reactions

Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....

1152. The theatrical hypocrisy of passing the e-kalathi bill

In early March, during the Commerce Committee meeting, the first one attended by the current Minister of Energy, the committee chairman, along with all the members, to be fair, urgently requested the government to submit a bill....

1153. EY: 4th Women Fit for Business Program Successfully Completed

1154. Canada and Saudi Arabia restore diplomatic ties after 6 years

Canada and Saudi Arabia have agreed to restore full diplomatic ties and appoint new ambassadors, both countries said on Wednesday, bringing to a close a 2018 dispute that damaged relations and trade....

1155. TechIsland Presents ''Startup School''

A Groundbreaking Workshop Series for Cyprus Startups, Powered by Zubr Capital. A unique educational opportunity with free entrance...

1156. Real estate: A closer look at prices and rental trends

With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....

1157. Netflix cracks down on password sharing

Netflix Inc. on Tuesday expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside of their households....

1158. Terkenlis confectionery chain shuts down in Cyprus

After operating in Cyprus for four years, the Terkenlis confectionery chain has made the decision to close its doors. Over the past two weeks, the company has ceased operations and deactivated its social media presence....

1159. British-Cypriot forex boss found guilty of fraud

A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....

1160. Tatar pushes for energy cooperation while insisting on 'two states'

TC leader Ersin Tatar recently sent a message to President Nicos Christodoulides, expressing the TC side's support for a solution in Cyprus. Tatar emphasized the importance of cooperation "between the two states living side by side" and reiterated his belief that a two-state solution would enhance prosperity on the island. ...

1161. Gigantic heap of unused clothing seen from space

A giant dump of unused fast fashion clothing in Chile's Atacama Desert is now clearly visible to satellites....

1162. E-kalathi bill presented to Parliament

The discussion on the e-kalathi bill commences today at the Commerce Committee of the House of Representatives. This bill introduces a digital tool designed to display product prices, aiming to support the Consumer Protection Agency's efforts in monitoring the market and better protect consumer interests....

1163. Limassol hosts desalination conference

'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...

1164. In search of an energy strategy

After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...

1165. Kyriakides: 'Our goal now, medicines for all'

"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....

1166. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

1167. Nicosia begs to differ with ENI boss on EastMed

The Cypriot government says it does not share views on EastMed gas made by ENI boss Claudio Descalzi, who told Italian lawmakers an eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other companies willing to take the risk...

1168. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....

1169. Uber makes waves with boat travel in Mykonos

Can't find a ride to Ornos? Don't worry. The ride-hailed watercraft will carry up to eight people to different stops around the island....

1170. As Greek elections loom, parties vie for votes of ‘lost generation’

Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...