Search

541. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

542. The consequences of continuing foreclosure suspensions

Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....

543. Katie Clerides campaigns for Averof Neophytou, calls for DISY unity

Messages in favor of unity in the ruling Democratic Rally (DISY) party on the occasion of a memorial service of its founder and former President of the Republic Glafcos Clerides and the visit of independent candidate Nikos Christodoulides to the occupied Maronite villages were the main developments in the election campaign during the weekend....

544. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

545. Foreclosures on primary residences suspended until February 2023

The Association of Credit Acquisition Companies and Credit Facilities Managers (SEDP) announced on Thursday the suspension of foreclosures on the primary residences of vulnerable borrowers until February 2023. ...

546. Looking for a strategy to suspend foreclosure sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

547. 'Cyprus Tomorrow': A plan made by Cypriots for Cypriots

The importance of the "Cyprus - Tomorrow" National Plan was highlighted by Government Spokesperson and Cabinet Ministers, who attended a special promotional event in Nicosia on Saturday....

548. Prepare for an increase in grain prices

Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...

549. Cyprus renews vaccination pitch as MEPs jab Brussels

A Cypriot top health official told medical professionals over the weekend that the state’s vaccination committee was constantly updating its decisions as new data on COVID-19 jabs became available, but the comments stopped short of stating new policy as criticism towards Pharma and EU bosses is picking up steam...

550. Government transparency and a single Cyprus identity on the campaign agenda

The Cyprus problem, energy, green economy, public education, the calls for disclosure of information related to the Cyprus Investment Programme, and the failure of four independent candidates to run under a common candidacy, were the main topics of candidates' statements and activities on Thursday....

551. Embracing the digital age through the 'smart school' program

Our educational system, the Ministry of Education, and the State are making an important and historic transition to the digital era with the signing of the €20 million Contract for the "Support Services System" Project on September 6, 2022. ...

552. 70% less wildlife in the world in less than half a century

The World Wildlife Fund (WWF) reported a steep decline in the world's wildlife population in a report released last Thursday. The figures show a 69% drop from 1970 to 2018, a drop of less than half a century....

553. COVID: Almost 2800 cases reported since last Friday the 7th of October

Cyprus announced two deaths due to COVID-19 with 2,759 new cases detected from 7-13 October....

554. 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....

555. Cabinet approves all-day high school in all provinces

All-day high schools will be introduced in all provinces of Cyprus beginning with the 2023/24 school year....

556. School mama accused of slapping boy in the face

A woman in Famagusta district could be in legal trouble after allegedly striking and threatening a young pupil, with reports suggesting the school mama waited outside her son’s primary after hearing about a physical altercation between the two boys...

557. 'Vision 2035': The long-term strategy for the Cypriot economy

"Cyprus should be one of the best places in the world to live, work and be active" is the vision on the basis of which the Cyprus Economy and Competitiveness Council presented the new Long-Term Strategy for the sustainable development of the Cypriot economy to the Parliamentary Committee on Financial and Budgetary Affairs, on Monday....

558. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

559. 5.8% of the total cultivated area of Cyprus is dedicated to organic products

The EU Organic Day – September 23 – is seen as the ideal opportunity to widely celebrate the organic sector and to evaluate Europe’s progress towards achieving its goal of 25% organic land by 2030....

560. Where and when to get the 3rd and 4th doses of the covid vaccine

As part of efforts to strengthen the immunity of groups of the population most vulnerable to serious disease, the Ministry of Health informs that following the decision of the Cabinet of Ministers dated 14 September 2022, from Tuesday 20 September 2022, the age limit of persons who may receive the 3rd and 4th dose of the booster vaccines against COVID-19 is reduced....

561. NIPD Genetics, a Medicover company announces the addition of six new NeoThetis liquid biopsy tests for therapy selection

NIPD Genetics announces the addition of six new NeoThetis liquid biopsy tests for therapy selection, which include Breast & Gynecological, Gastric, Melanoma, Pancreatic, Prostate and Pan-Cancer. ...

562. Cyprus continues special education debate

563. Rejected Estia applications to be re-examined upon appeal

The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....

564. Updates from the presidential campaign trail

The Cyprus problem, women's issues and policemen's salaries, as well as agricultural policy and the illegal supply of fuel from the Turkish-occupied areas, were some of the issues which were put forward by presidential candidates on the election campaign trail on Wednesday....

565. AKEL calls out DISY on investor contributions

The second meeting of the Audit Committee, with the report of the Auditor General of the Republic on the Cyprus Investment Programme being the only item on the agenda, confirmed that the Golden Passports will be at the forefront of the opposition's election campaign. In an inkling of what's to come, AKEL seems to be leading the way in keeping corruption issues at the center of the opposition's discourse during this election season. ...

566. Masks no longer required, but with some exceptions

Minister of Health, Michael Hadjipandela, made statements following the Cabinet meeting today, followed by a further briefing by the communication officer of the Ministry of Health, Constantinos Athanasiou....

567. Cypriots may benefit from innovative cancer therapy in Finland

Cyprus’ Health Minister Michalis Hadjipantela is in Finland to discuss the possible cooperation of the two countries with regards to the Boron Neutron Capture Therapy, an innovative cancer therapy....

568. Fair State. Five proposals to fight corruption

In the Cyprus of 2022, corruption has permeated all levels of our society. The extent of the problem needs to be ascertained first. Then, the diagnosis of its causes. Finally, but most importantly, the specific proposals to combat it....

569. EU states facilitating employment of third country nationals to ease labor shortage

The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....

570. ‘Erdogan feels weak,’ says ex-Mossad chief

With 42 years' worth of experience in the armed forces and intelligence, General Danny Yatom is a living legend in Israel....