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511. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

512. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

513. Larnaca - Piraeus ferry ready to set sail in ten days

In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...

514. Shazam founder at the Digital Agenda Cyprus Summit '23

Dhiraj Mukherjee, the co-founder of Shazam Entertainment, pioneered the development of the world's first mobile phone-based music recognition service. This groundbreaking technology caught the attention of Apple, leading to its acquisition in 2017 for a staggering $400 million....

515. France showcases strength and diplomacy on Bastille Day

France celebrates its fête nationale every year with fireworks, concerts, and an extravagant military parade down the Champs-Élysées in the presence of the president, a bevy of politicians, and often a foreign head of state as an honored guest....

516. When society turns a blind eye to homeless ''foreigners''

A few hours before expensive Lamborghinis and Ferraris, driven by wealthy "foreigners," start their ostentatious daily progress on the coastal road of Limassol, poor "foreigners" sleep on the sand, as long as it is still night, to become news in the morning from a well-known television station that they are "obstructing the work of local boat owners."...

517. Rising scams in Cyprus

Telephone and online scams are on the rise in Cyprus, targeting vulnerable elderly individuals and attempting to swindle their hard-earned money....

518. From ''lovers'' to ''doctors'': Cyprus confronts rising online fraud

Cyprus is witnessing a significant annual increase in online fraud cases, according to Andreas Anastasiades, the Director of the Electronic Crime Sub-Directorate. ...

519. Criminals steal $20M from Revolut

Organized criminals exploited a vulnerability in Revolut's payment systems to steal over $20 million from the fintech company, as reported by the Financial Times, citing multiple anonymous sources knowledgeable about the incident....

520. BBC under fire for alleged payment of child for explicit photos

The British government on Sunday ordered the BBC to investigate one of its presenters, accused in the press by a mother of having paid her child to send her pornographic photos....

521. Ministry of Culture to launch 'Kypria' pilot for art festivals

We have fully entered the summer, and the eagerly awaited cultural events have either begun or will soon begin. ...

522. Spain: Youngsters to receive 20,000 euros upon turning 18

A universal inheritance is proposed by the Minister of Labor of Spain, Yolanda Diaz, as a means to address social inequalities. Under this framework, all young people living in Spain would receive 20,000 euros after they turn 18....

523. New cat feeders enhance stray welfare in Strovolos

Modern feeders for stray kittens found shelter along the Pedieos River have been installed in Linear Park Strovolos. ...

524. Migrant reception center in Kofinou inaugurated today

The inauguration of the first phase of construction works at the International Protection Applicant Reception Center in Kofinou, upgraded with the support of the European Asylum Agency (EUAA), took place today, conducted by the Minister of Interior, Konstantinos Ioannou, along with Nina Gregory, the Executive Director of EUAA, and Beate Gminder, Deputy Director-General in the Directorate-General for Internal Affairs of the EU....

525. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

526. Schools vulnerable to ransomware

The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate, and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts....

527. Arrest made in major weapons and drugs seizure

More than 340 firearm cartridges, a large sum of money, and a quantity of cocaine were found in the residence of a 49-year-old, who was arrested and placed under custody for police investigations....

528. Calls for redress in Irish mother and baby home scandal

Ten years after a dark discovery was made in the west of Ireland, Euronews takes a look at the grim legacy of the maternity homes that were still in operation until the end of the 20th century. ...

529. Government asks House for money to pay for unbought vaccines

The House finance committee met on Monday to discuss a supplementary budget that would include additional funds to buy more COVID vaccines but also pay fines for fewer orders due to low demand...

530. Lawmaker insists secret funds were paid to hackers

Recently hacked data from Cyprus’ land registry and the state’s flagship university were back in the news this week, after a lawmaker said he had been told that millions of secret money was paid to cyber attackers, an allegation denied by officials...

531. Defendant of Kos murder case goes to prison

In a shocking development, the 32-year-old Bangladeshi man suspected of the murder of 27-year-old Anastasia on the Greek island of Kos has been transferred to Korydallos Prison....

532. Nicosia to appoint sanctions czar

The Cabinet on Wednesday decided on a series of measures and actions for the coordination on issues related to sanctions, Government Spokesperson Constantinos Letymbiotis announced...

533. Unmasking tax evasion on Greek islands

New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....

534. Experts to take charge of high-profile corruption cases

The Anti-Corruption Authority has initiated investigations and assessments of the complaints it has received....

535. International investigators appointed to tackle reluctance in local corruption cases

The Independent Authority Against Corruption in Cyprus has expressed concerns about the reluctance of Cypriot applicants to investigate complaints involving local officials. ...

536. Russia's use of Chinese yuan to bypass western sanctions may come to an end

Russia has been using China's yuan to get around sanctions — but at least one major Chinese bank has halted transfers from Russia over fears of secondary sanctions from the West....

537. Japan raises age of consent to 16 in Landmark reforms to sex crime legislation

Japan has raised the age of consent from 13, among the world’s lowest, to 16 years old as lawmakers passed key reforms to sex crime legislation. ...

538. Cablenet: The Fastest Growing Mobile Network

539. US citizens exit Portugal as demand for 'golden visas' plummet 37%

Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....

540. Private doctor outside state network speaks out

Cypriot surgeon Alkiviadis Alkiviadous says he will be forced to move back overseas over his decision not to join GESY, with the private physician crying foul over an inflexible system that is slowly being bought by foreign money...