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271. Budget approved for 1,000 charging stations across the island

The Cabinet on Wednesday approved a proposal submitted by the Ministry of Transport for the installation of 1,000 public charging stations for electric vehicles, with a budget of 3.7 million euros....

272. Sizable migrant flows pushing national asylum systems to breaking point

The disproportionate migratory flows have led to a situation of force majeure, forcing to their limits the national asylum and reception systems, said Interior Minister Nicos Nouris....

273. Turkish praise for Israel-Lebanon deal draws Greek Cypriot response

Turkey has welcomed a historic maritime demarcation agreement between Israel and Lebanon that was finalized on Thursday, as Ankara hopes the US-brokered deal could serve as an example for resolving energy disputes on divided Cyprus, drawing reactions from Greek Cypriots...

274. Slight decrease of tourist beds in the EU in 2021, Cyprus remained stable

According to data released by Eurostat, the EU's statistical service, the number of guest rooms in tourist accommodations across the EU decreased slightly in 2021 compared to 2019 but remained stable compared to 2020....

275. Cyprus received €461 million euros in EU funding since accession, used 80%

Cyprus has received a net €461 million since joining the EU, according to Lazarou, and has used 80% of the European funds it received....

276. Workplace accidents decreased in 2020, but severity of nearly 50% not specified

In 2020, almost 2.7 million non-fatal work accidents resulted in workers being absent from work for four days or more in the EU, while 3,355 work-related accidents were fatal, according to data released by Eurostat, the European Union’s statistical service....

277. Cyprus' annual inflation rate at 9.0%, lower than EU's 9.9%

The euro area's annual inflation rate was 9.9% in September 2022, up from 9.1% in August and up from 3.4% a year earlier, according to figures published by Eurostat, the statistical office of the European Union....

278. Youth unemployment in Cyprus in 2021 at 14.2%, compared to 13% across the EU

The youth (people aged 15–29 years) unemployment rate in the European Union fell to 13.0% in 2021, from 13.3% in 2020, according to data released by Eurostat, the statistical service of the European Union....

279. Consumers preferred plastic money over cash this summer

Consumer card usage for purchases is still on the rise. The most recent JCC data, covering Q3 2022, reveals an increase in card usage in Cyprus for both Cypriot and foreign cards. ...

280. Digital controversies

The three front-runners for the presidency of the republic laid out their objectives and ideas for tackling various issues and the nation's shift to a digital economy....

281. Average employee gross earnings up 3.2% in 2021

The average gross monthly earnings of employees for 2021 increased by 3.2% compared to 2020 to €2,067, reaching a decade high....

282. IMF predicts a return to fiscal surpluses for Cyprus following the pandemic

Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....

283. Coronavirus: Nasal vaccines yielded disappointing results

The initial trial of a nasal vaccine against coronavirus developed by the University of Oxford with funding from the pharmaceutical company AstraZeneca resulted in disappointment. ...

284. 36.5% increase of 'permanent residents' in the occupied areas since 2011

The online newspaper Ozyur Gazette reports, under the headline "Along with cultural erosion, the demographic structure is changing from day to day," that the number of people permanently residing in occupied territories has increased by 36.5 percent in ten years. ...

285. Merchants of Death

People trafficker. A profitable “profession.” A high-risk profession, of course, because the business may sink. In this case, literally. Then 18, 50, 100 lives could be lost, including small children....

286. Kathimerini poll: Christodoulides unaffected by electoral pressure

The countdown to the presidential elections has begun, and the Symmetron poll for Kathimerini reveals the critical issues that define the political environment. ...

287. How much loan can a couple with an income of €2,000 get?

Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....

288. Von der Leyen: Temporary cap on gas prices

The European Commission is now moving towards a temporary cap on gas prices and a common supply of energy products, Commission President Ursula von der Leyen said in a speech to the European Parliament on Wednesday morning....

289. Cypriot businesses face serious issues, but still expect to turn a profit

What are the main problems for Cypriot businesses (table) ...

290. 170,000 flu vaccines on on their way to Cyprus

Vaccination against the seasonal flu by GPs is expected to begin within the first ten days of October and Cyprus will receive 170,000 vaccines which are set to arrive Wednesday....

291. Self-employed more at risk of poverty in Cyprus and EU in 2021

In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....

292. Self check-in and robots - the future of tourism in Cyprus

293. Non-PDO halloumi being sold off at deeply discounted prices

Many supermarket chains and stores that sell halloumi are offering deep discounts on singular or bulk sales of the cheese. These are clearly those products that do not fall within the PDO specifications and are not labeled accordingly....

294. ECB hikes up interest rates 75 basis points to 1.25%

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....

295. Employment and working hours up compared to last year

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154 thousand, according to data published by the Statistical Service....

296. Euro-dollar exchange falls to a 20-year low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....

297. Photovoltaic systems are increasing in popularity in Cyprus

With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems, or solar panels, comes as an attractive solution for more and more consumers....

298. 89% of Cypriots got their news from online sources in 2021

Cyprus is one of the countries in the EU with the largest percentage of users using the internet to access online news sites, newspapers and news magazines, according to data released by Eurostat, the statistical office of the European Union....

299. Cyprus is below the EU average on high speed internet coverage

In 2021, 41% of households in Cyprus enjoyed high-speed internet coverage through fixed very high capacity networks (VHCN) compared with 70% on average in the EU, according to data released by Eurostat, the statistical office of the European Union....

300. Cyprus unemployment rate at 6.8% in 2nd quarter of 2022

The unemployment rate in Cyprus was 6.8% of the labor force in the 2nd quarter of 2022, recording a decrease of 1.6% compared to the corresponding quarter of 2021....