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211. Travel between US and Europe increased by 87% in February 2023

The recent data released from the International Trade Administration (ITA) has revealed that international air travel to and from the United States and Europe saw an increase of 87.1 percent in February 2023,...

212. UBS steps in to buy rival Credit Suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

213. Cyprus scraps online visa appointments after scandal

Immigration authorities in the Republic of Cyprus scrapped an online appointment platform on Monday after allegations were made public about agents selling available slots to foreigners for profit and causing months of waiting for those who did not shell out the cash...

214. Eurostat: Women continue to outlive men in Cyprus

In 2021, life expectancy at birth was 81.3 years in Cyprus and 80.1 years in the EU according to data published by Eurostat....

215. 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....

216. Say goodbye to an iconic symbol of Sin City

When you walk the Las Vegas Strip you see women wearing showgirl outfits taking pictures with tourists. They work alongside Spider-Men, Batmen, and shirtless police officers and firefighters....

217. 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....

218. Russians top list of property buyers in the first months of 2023

Russian nationals were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data by the Department of Lands and Surveys,...

219. Cyprus GDP and employment up according to Eurostat

Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....

220. Cyprus’ new Call Center fails to launch

The new citizen hotline that was scheduled to go live on Wednesday failed to impress officials during a final test, after staff failed to expedite calls in a satisfactory manner...

221. Airlines and IATA to take legal action for flight reductions at Schiphol

The government of the Netherlands may be facing legal action related to their recent decision to reduce the number of annual flights at Amsterdam’s Schiphol Airport to 460,000 from November 2023, which is eight percent lower than the current flight cap....

222. Reduction of electricity costs a priority, says new Energy Minister

One of the first priorities of the new administration will be to reduce the cost of electricity, in order to help the industry and the economy reach the potential “they deserve”, new Minister of Energy, Commerce and Industry Giorgos Papanastasiou said on Wednesday....

223. Nikos Christodoulides sworn in as 8th president of the republic

Cyprus’ president-elect, Nikos Christodoulides, was sworn in on Tuesday at a special ceremony at the House of Representatives, in Nicosia, with Parliament President, Annita Demetriou, wishing him “strength and endurance” to respond to the great responsibility he is assuming....

224. COVID origin debate back in the news

A new classified report in the United States says COVID-19 was probably the result of a laboratory leak, fueling further debate on the origins of the pandemic as a House subcommittee prepares to tackle the issue that has divided the world politically and scientifically...

225. Limassol's Grand Carnival Parade (Photos/Video)

Insanity grips Limassol's streets during the big carnival parade....

226. Limassol carnival preps underway, see the photos

Preparations for the 2023 Limassol carnival, the first since the end of the pandemic, are underway. People line the streets, floats are being positioned at Enaerios and the air is filled with the sights, sounds and smells of one of the biggest celebrations the city has to offer....

227. Hadjipantelas calls on successor to support public hospitals

Cyprus’ outgoing Minister of Health, Michalis Hadjipantela, has called on his successor to embrace public hospitals and health professionals, noting that public hospitals are the backbone of the health system....

228. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

229. PwC: 5.2 billion in real estate transactions in 2022

Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...

230. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

231. Secrets of the A380: What passengers never see

232. 'We want to be different' - US teens throw away their smartphones

How long do you spend each day staring at your phone's screen? If one actually calculates the answer, the result can surprise them because the number of hours will probably be higher than they anticipated....

233. Tourism revenues are on the mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

234. Eurostat: Cyprus had the highest stock of NPL's in 2021

In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....

235. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

236. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

237. Covid, RSV & influenza are causing a triple epidemic

With regard to seasonal viruses, hospitals seem to be operating in a precarious situation in terms of bed availability. ...

238. Those born in 20 years will live better, says Gates

Bill Gates, the business magnate and co-founder of the Microsoft behemoth, frequently offers his opinions on the existential dangers to the world and humanity, such as climate change and potential future pandemics. ...

239. 30% less passengers between UK and Paris due to Brexit delays

Eurostar has said that its trains between the United Kingdom and Paris are carrying 30 percent fewer passengers than their capacity....

240. Cyprus signs WHO office agreement this week

The agreement on establishing the World Health Organization Country Office in Cyprus will be signed on Friday between the Minister of Health, Michalis Hadjipantela, and WHO Regional Director, Dr Hans Kluge...