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541. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

542. 1,172 repatriations of third country nationals conducted in January

A total of 1,172 returns of third-country nationals to their countries of origin took place in January, Interior Minister Nikos Nouris said on Friday....

543. Objects shot down by US are not of alien origin, says George Danos

President of the Cyprus Space Exploration Organisation (CSEO) George Danos told CNA that he highly doubts that the objects shot down recently by the US army are of extraterrestrial origin....

544. PORSCHE CYPRUS: 30 years of an iconic journey

This year, PORSCHE CYPRUS celebrates 30 years of iconic performance on Cypriot roads. All this is thanks to the vision of Alkis Iacovides, the man who passionately loved PORSCHE and decided to introduce the favorite German car models in Cyprus three decades ago....

545. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

546. 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....

547. Elections: The political 'crash test' in Brussels

In the interim between the two rounds of presidential elections, EU leaders will convene in Brussels for an extraordinary European Council on migration management and ensuring Europe's economic competitiveness. ...

548. Strike: Trade unions call for COLA agreement

Hundreds of workers gathered outside the Finance Ministry today calling for the full reinstatement of COLA (Cost of Living Allowance). ...

549. Academy Awards 2023: Oscar nominations announced

Everything Everywhere All At Once is so far sweeping the list of Oscar nominations, with Top Gun: Maverick finally winning nods for sound and screenplay....

550. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

551. 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. ...

552. Exam paper leak rocks school reform in Cyprus

There was uproar in the Greek Cypriot education system on Monday after an exam paper leak was made public, with authorities unsure whether to call police and teachers calling on the government to rethink a controversial semester reform...

553. Tesla drastically lowers EV pricing in the US and Europe

After steadily increasing prices over the past couple of years, Tesla has cut them drastically across its lineup in the US and Europe, in an apparent bid to boost sales. ...

554. Exports of halloumi at 1.34 billion over the last 5 years

Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...

555. Greek comic in hot water over divisive Cyprus jokes

A Greek stand-up comedian known for his one-liner and callback jokes became persona non grata in Cyprus, after a Tik Tok user posted a video of the performer poking fun at the divided island...

556. Is your organization Agile enough to embrace what tomorrow brings?

The transformation imperative is urgent, challenging and opportunity rich. Leaders are reframing their businesses to adapt to a new landscape by innovating their business model, elevating their customer experience, and finding new ways to leverage data and technology. This demands a careful balance: sustaining performance while investing in the skills, technologies, and agile ways of working to accelerate growth and create new opportunities. EY Agile practitioners place humans at the center of the organization, leverage technology at speed and innovate at scale....

557. The fierce battle for second place

558. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

559. Magical Messi hoists World Cup after final for the ages

As fireworks exploded and some 80,000 people roared, Lionel Messi smiled. His Argentina soccer shirt covered by the bisht the Emir of Qatar had just draped him in – the cape reserved for top officials and sheikhs. He smiled, he paused, then he hoisted high the World Cup, a lifetime’s dream realised...

560. Ministry clarifies objection to children’s play

Cypriot education officials say a play that had to be revised due to the young age of school children in the audience was in fact dealing with gender reassignment, not attraction to the same sex...

561. November's real estate performance

The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....

562. Brothers sentenced in cottage killings in Limassol

Two Syrian brothers in Cyprus have been sentenced in the cottage killings of two Russian women, who were suspected of possibly being victims of sex trafficking, after prosecutors withdrew premeditated murder charges to avoid a mistrial...

563. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

564. Parents furious over woke play for school kids

A local adaptation of Jules Verne’s Around The World In 80 Days has been revised after parents in Cyprus cried foul over the show broaching homosexuality during a live performance in front of preteens...

565. '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....

566. 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....

567. Hellenic CEO cleared of any wrongdoing

Oliver Gatzke, CEO of Hellenic Bank, has not been linked to any suspicious activity, according to the Cyprus Securities and Exchange Commission (CySEC)....

568. 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...

569. In a first, FDA approves fecal transplants to treat gut disease

For years scientists have been demonstrating the therapeutic potential of gut microbiota transplants in mice for a variety of medical conditions; now the FDA has approved this procedure for the first time to treat a murderous bacterial infection....

570. 18.5 thousand irregular migrants crossed the Green Line this year

Members of the EU High-Level Network on Returns will communicate to the EU and their countries the true dimension and source of the Republic of Cyprus's migrant flow problem, which is none other than the crossing of migrants through the Green Line....