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2551. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

2552. CBC: Cryptocurrencies are a potential risk to the economy

Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....

2553. Superyacht in Ayia Napa highlights tourism makeover

A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...

2554. Iran seizes two Greek tankers as tensions rise

Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast...

2555. Kasoulides: 'Corruption a threat to democratic states and multilateralism'

Corruption poses a substantial threat to the foundations of a transparent, accountable and multilateral system and to the very foundations of our democratic states, Cypriot Foreign Minister Ioannis Kasoulides pointed out,...

2556. Op-ed: Greece informs its allies and partners; Erdogan is irked

Recep Tayyip Erdogan expressed annoyance at “third parties” becoming involved in Greek-Turkish affairs. ...

2557. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...

2558. Cyprus now an important player in LNG arena

The EU produces LNG from naphthalene in Cyprus An important step is the support from the Commission that is expected to shuffle the energy deck of the Eastern Mediterranean...

2559. EU's von der Leyen: LNG in Cyprus and Greece

European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....

2560. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

2561. Lebanese banks in Cyprus to shut down amid the country's financial crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

2562. British Museum: Parthenon marbles 'taken from rubble'

The dispute over the Parthenon sculptures has deepened after Greece rejected a claim by the British Museum that much of the statuary, removed at the behest of Lord Elgin, was retrieved “in the rubble” around the monument....

2563. EU Energy Commissioner: 'Cyprus has enormous potential in terms of solar and wind energy production.'

In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....

2564. Ukraine: US may send advanced anti-ship missiles to fight Russian blockade

The White House is working to put advanced anti-ship missiles in the hands of Ukrainian fighters to help defeat Russia's naval blockade, officials said, amid concerns more powerful weapons that could sink Russian warships would intensify the conflict....

2565. Bank of Cyprus posts net profit of €21 million in Q1

Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....

2566. Labor Minister undergoes brain CT scan today

Cyprus Labour Minister Zeta Emilianides who suffered an aneurysm last Sunday underwent a brain CT scan on Thursday, which doctors describe as satisfactory, the Health Ministry announced....

2567. Cyprus freezes creation of juvenile correctional facility

The parliament in the Republic of Cyprus has failed to approve funds allocated for a juvenile detention center, causing the country to remain the only EU member state without a proper correctional facility for young offenders...

2568. The next three days are crucial for Emilianidou

2569. Moscow to probe ‘Ukrainian regime crimes’ after surrender

Hundreds of Ukrainian fighters surrendered to an uncertain fate on Tuesday after weeks holed up in the bunkers and tunnels below Mariupol's Azovstal steel works as the most devastating siege of Russia's war in Ukraine drew to a close...

2570. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

2571. Thousands of Britain's 'fish and chip' shops could close within a year

The United Kingdom's fish-and-chip shops are under severe strain as the prices of key ingredients — including cod and cooking oil — soar as a result of the Russian assault on Ukraine....

2572. Ukrainian wounded fighters evacuate Azovstal

Both Kiev and Moscow have confirmed the evacuation of wounded Ukrainian troops from the Azovstal steel plant, following critical hours on Monday when a regime of silence had been imposed for the humanitarian corridor to be used...

2573. The mandatory use of masks will soon be abolished

Minister of Health Michalis Hatjipantela sees a summer without health restrictions. In his interview with KATHIMERINI on Sunday, the Minister of Health said that the summer should go by without problems or restrictions if no new variants of the Omicron mutation appear....

2574. Op-ed: A cornered rat is very dangerous indeed

Russian President Vladimir Putin has always been eager to share an instructive story from his childhood, about how, when he was growing up in poverty in Soviet Leningrad, he used to spend his days chasing rats....

2575. Russia cuts electricity to Finland

Russia will suspend electricity supplies to Finland this weekend, a supplier said on Friday as tensions rise over Helsinki's NATO bid amid Moscow's military campaign in Ukraine....

2576. Russia loses troops and equipment in failed river crossing

Russia lost significant numbers of troops and important equipment when Ukrainian forces thwarted their attempt to cross a river in the east, British officials said Friday, another sign of Moscow’s struggle to win decisive victories and salvage a war gone awry....

2577. Petrides: 'Things will be difficult in the coming years'

The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....

2578. Cypriot former FM announces 'non-combative' 2023 run

Cypriot former foreign minister Nikos Christodoulides announced Thursday his non-partisan candidacy for president, with the career diplomat deviating from political norms and promising an all-inclusive, non-combative race...

2579. Moscow warns of retaliation if Helsinki joins

Finland said on Thursday it would apply to join NATO 'without delay', with Sweden expected to follow, as Russia's invasion of Ukraine looked set to bring about the very expansion of the Western military alliance that Vladimir Putin aimed to prevent...

2580. Tax incentives for businesses looking to relocate to Cyprus

The Cypriot government on Tuesday approved a bill with tax incentives aiming to attract talent and promote headquartering in Cyprus, in line with the Strategy for Attracting Businesses for Activities and/or Expansion of their Activities in Cyprus approved by the Council of Ministers in October 2021....