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211. Herodotou calls for increased vigilance to avert private debt defaults

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....

212. Cyprus aims for higher targets in green energy

In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...

213. Cyprus Banks: Vulnerabilities remain despite progress, says SSM

Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...

214. Cyprus welcomed 3.2 million tourists in 2022

For the period of January – December 2022, arrivals of tourists totaled 3,201,080, compared to 1,936,931 in the corresponding period of 2021, 631,609 in 2020 and 3,976,777 arrivals in the same period of 2019, announced the Statistical Service of Cyprus....

215. Rising cost of living worrisome for almost all Cypriots

The rising cost of living, the threat of poverty and social exclusion, and the migration issue are Cypriots’ greatest concerns according to the European Parliament’s Autumn 2022 Eurobarometer Survey released on Thursday....

216. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

217. Supermarkets bet on their own private labeled products

Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....

218. Nikos Christodoulides: Discussing changes to the Guterres framework

"I didn't hear anyone mention Mr. Kasoulides, the foreign minister, after the wreckage in Crans Montana. Nobody could blame him. He was not the most directly involved, nor was he the one who would take the final decisions..." ...

219. Housing, water and energy take up 25% of EU household expenses

In 2021, ‘Housing, water, electricity, gas and other fuels’ represented a quarter (25.0%) of EU household expenditure and 17.1% of household expenditure in Cyprus, according to Eurostat, the statistic service of the EU....

220. Health Ministry calling on public to avail of free flu shots

Cyprus’ Ministry of Health, calls on members of the public, regardless of age, or if they belong to a high-risk group, to contact their GP for a flu vaccine for free, in a bid to reduce pressure on the healthcare system....

221. What consumers should lookout for as January sales begin

The Ministry of Commerce is intensifying its market checks due to the January sales, especially in clothing and footwear stores. At the same time, consumers are urged to be informed of their rights and to be particularly careful about cases of misleading advertisements....

222. Lowest number of road deaths recorded in 2022

The Ministry of Transport, Communications and Works announced that 2022 was the year with the lowest number of road fatalities (37) with a decrease of 17.8%% compared to 2021....

223. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

224. The winners and losers of the Archiepiscopal elections

The primary topic of discussion in the first round of voting last Sunday was the creation of the tripartite list from which the Holy Synod will select the incoming Primate of the Church of Cyprus. It cannot, however, be considered the only one....

225. The fierce battle for second place

226. ECB raises interest rates by 0.5%

Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....

227. Students most frequent internet users in Cyprus

Students are the group most frequently connected to the internet (99%), according to the results of the 2022 household information and communication technology usage survey, published by the Statistical Service on Thursday...

228. Unemployment rises to 6.8% in third quarter of 2022

Unemployment in Cyprus in the third quarter of 2022 rose to 6.8% of the total workforce, compared with 6.6% in the respective period of last year, according to the Labour Force Survey, published by the Statistical Service of Cyprus (Cystat) on Thursday....

229. Biden signs same-sex marriage bill into law

“Marriage is a simple proposition. Who do you love? And will you be loyal to that person you love?” the president asked from the South Lawn. “It’s not more complicated than that.”...

230. Cyprus could become a year-round tourist destination by 2030

The ultimate goal of the National Tourism Strategy 2030 is to establish Cyprus as an all-season, high-quality, digitally intelligent and accessible tourist destination, that respects the environment and channels the benefits of tourism across the island,...

231. Voter abstention levels concerning to electoral staff

Citizens will be called to the polls in less than two months to choose the eighth President of the Republic of Cyprus, with abstention rates reaching 23% - and potentially exceeding 30% - according to a poll conducted for Kathimerini by Symmetron Market Research....

232. 'K' poll: The race for second place (graphics)

We are in the crucial final sixty days before the elections, and everything points to a sensational thriller, a fierce battle for the coveted second place....

233. Insurance premiums expected to rise slightly

Inflation-related losses are also occurring for general insurance policies. Cyprus' insurance policies will specifically follow the broad pattern of other nations and other international insurance companies,...

234. Unaccompanied minors are on the rise

Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....

235. Nicosia stays course as economic growth loses steam

Cypriot public finances have improved due to increased growth, although they are expected to be adversely affected due to a projected slowdown in the next few months, according to the 13th Post-Programme Surveillance Report for Cyprus...

236. Police launch campaign against impaired driving

Police said they will intensify checks for driving under the influence of drugs and alcohol as of Monday, with the aim of protecting the public and preventing and reducing traffic accidents...

237. Dept of Labour: 'Our social security fund is sound'

According to the Ministry of Labour and Social Insurance, the General Social Insurance Plan's most recent actuarial study shows that the amendments made up until 2012 ensure the long-term viability of the Social Insurance Fund and that,...

238. ICT specialists crucial as 80% of companies still allow remote work

According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....

239. The reason behind the President's political 'pirouette'

I've watched and re-watched President Anastasiades' recent statements several times. The abrupt change of heart and his decision to support Averof Neophytou just 80 days before the election....

240. Almost half of nurses and midwives in Cyprus approve of euthanasia

Almost half - 49% - of the members of the Cyprus Nurses and Midwives Association (CyNMA) said they were positive about the possibility of euthanasia for people who are suffering, according to the results of a survey regarding euthanasia, suicide assisted by health professionals and assisted dying....