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2251. Saudi National Bank president resigns

The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....

2252. Prepare to be challenged at the Paradox Museum in Limassol

The Paradox Museum is about to make its mark on the entertainment and education scene in Cyprus. With previous successes in Oslo, Stockholm, and Miami, the museum is bringing its unique blend of education and entertainment to Limassol Marina's Tracasol Cultural Centre on March 28, 2023....

2253. 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....

2254. Why does the EAC block the installation of solar panels?

"The weaker the government, the stronger the bureaucracy," said the French anthropologist Gustave Le Bon. And he didn't say it by accident....

2255. At the EU summit with an eye on the Cyprus issue

Christodoulides attempted to lay out his vision for active EU engagement on the issue of breaking the six-year deadlock in Cyprus talks on the first day of his first European Council summit as President. ...

2256. Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

2257. Marinas of the future with antiquated regulations

The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....

2258. 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....

2259. Employers and labor unions can't agree on COLA issue

Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK. ...

2260. High prices continue to plague the market

2261. Tatar: 'If Turkey changes its policy toward Cyprus, I will resign'

Ersin Tatar, the leader of Turkish Cypriots, has stated that he will resign and return to his family-owned TV channel if Turkey changes its policy on Cyprus after May 14....

2262. Adopt a family this Easter

The Pan-Cypriot Volunteer Coordinating Council (PSCE) has launched its annual "Adopt a Family" Easter campaign, which aims to provide essentials for vulnerable families. The campaign, now in its 9th year, has already helped more than 20,000 families since its inception in 2015....

2263. Herodotus to banks on restructuring, interest rates and transparency in charges

The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....

2264. Legalities and time constraints delaying repairs of refugee apartments

Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...

2265. Brussel's wager

The next three days will be a frenzy of diplomatic activity for Nicosia, as the European Council meets in Brussels on March 23-24. ...

2266. 'Officials' in the occupied side want no EU involvement in resolution

The refusal of the T/C side to accept EU involvement in the Cyprus problem was reiterated by the "Foreign Ministry" in a statement, saying "it is time to review our relations with the EU and try to bring them to a respectable level"....

2267. It's that time, yet again, when discussions on the Cyprus issue and the EU abound

There are no last chances beyond the emotional charge of those involved in the Cyprus problem; only conditions abroad and at home that improve and deteriorate, and real life that consolidates situations and parameters....

2268. 'Structural Integrity Certificates' should be made mandatory

The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....

2269. Ireland celebrates the 100th anniversary of St. Patrick's Day

Today, March 17th, 2023, marks the 100th anniversary of St. Patrick's Day. And the Irish Embassy in Cyprus did not disappoint by pulling out all the stops to celebrate St. Patrick's Day in style. ...

2270. Petrol stations open their doors to electric mobility

Petrolina Holdings Public announced last month the installation of the first state-of-the-art electric vehicle rapid charging charger at its petrol station in Larnaca's GSZ district....

2271. USA: House votes to declassify COVID origin report

The House voted unanimously Friday to declassify U.S. intelligence information about the origins of COVID-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic....

2272. Deportation scheme agreed upon by EU interior ministers in secret

A report published by Statewatch and Heinrich Böll Stiftung has revealed that the European interior ministers signed a secret joint statement last year that committed EU/Schengen Area countries to increase financial as well as material support for deportations from the Balkans....

2273. It's been 10 years since the haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

2274. Minister of Agriculture pushing for a 'Farmers Card'

Agriculture Minister Petros Xenofonos announced today during a meeting of the House of Representatives Agriculture Committee that he intends to create a farmer's card to provide services to the agricultural world....

2275. 'Supreme Cooperation Council': The what, how and why

The announcement of the establishment of a joint body at the highest bilateral level, which could potentially function as a "Supreme Cooperation Council" between Greece and Cyprus, is undoubtedly the most significant news to emerge from President Christodoulides' visit to Athens....

2276. Real estate trends in 2023

Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....

2277. Boyfriend arrested in woman’s cliff death in Paphos

A man who says his girlfriend slipped and fell to her death in coastal Paphos over the weekend has been arrested on premeditated charges, after a post mortem showed injuries inconsistent with a free fall...

2278. Musk building 'utopian' town for employees

Elon Musk has reportedly bought thousands of acres of land about 35 miles outside of Austin and plans to build his own town there for employees to live and work....

2279. Digital app to compare product prices in the works

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....

2280. Investigation into understaffing in the tourism industry is imminent

The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....