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91. Cabinet moves forward with plan to support Cyprus entrepreneurs

Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....

92. Minister highlights smallest resident population at Pournara

The outlook for Cyprus in relation to migration is positive, as in 2023 a 46% reduction in irregular migrant applications and a 66% increase in returns have been achieved, Interior Minister Konstantinos Ioannou said on Wednesday....

93. Tucker Carlson's exclusive interview with Putin sparks controversy

Former Fox News host Tucker Carlson has conducted a one-on-one interview with Russian President Vladimir Putin in Moscow, marking Putin's first interview with a Western journalist since the escalation of the Ukraine conflict....

94. Porsche unleashes powerhouse Taycan with enhanced performance

Higher, faster, further and coming to Porsche Centres in the spring of 2024....

95. King Charles's cancer diagnosis spotlights NHS struggles with record waiting times

In the wake of King Charles's recent cancer diagnosis, concerns over the National Health Service (NHS) have surged as data reveals hundreds of thousands of UK cancer patients resorting to private treatment due to extended NHS waiting times....

96. European Central Bank considers rate cut, Spanish Governor suggests

The European citizens should know that that the European Central Bank’s next move will be a rate cut, Governor of the Bank of Spain and ECB Governing Council member......

97. Calls for increased electricity rates raise eyebrows

The recent plea by the Electricity Authority of Cyprus (EAC) for significant electricity rate increases has raised eyebrows, especially as the possibility of bearing additional costs for the Vasiliko terminal looms. Does the parliament even exist? Is there a state? If so, let them finally play their part. Enough already!...

98. Biden praises job growth, declares US economy 'strongest in the world'

President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....

99. Nicosia's boutique hotel scene flourishes amid tourism surge

Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....

100. Swiss arrivals set to hit 80,000, says Deputy Minister Koumis

Cyprus Deputy Minister for Tourism Costas Koumis has said that further increase in tourist arrivals from Switzerland is feasible with arrivals from the country in Cyprus estimated at 80,000 this year....

101. Interest rates extended, borrowers face dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

102. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

103. Ancient 'zombie viruses' stir beneath melting permafrost

In a chilling revelation, scientists have unearthed a concerning array of ancient pathogens from beneath the permafrost in Siberia, indicating a potential threat of a bizarre new pandemic looming on humanity’s horizon....

104. Macan sets new standards: the first all-electric SUV from Porsche

105. Bank of Cyprus gears up for investment talks in New York

Bank of Cyprus has packed its bags for New York as it gears up to meet with the investment community at the Athens Stock Exchange's conference in collaboration with JPMorgan on the 25th of this month. ...

106. Wizz Air soars to new heights with 71% increase in Cypriot passengers

In 2023, Wizz Air experienced a remarkable surge in popularity among Cypriot travelers, with a staggering 71% increase in passengers compared to the previous year, reaching a total of 2.2 million passengers, as announced by the company....

107. Deal in the works for CNP Cyprus

The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...

108. Businesses fear global tax reform will lead to double taxation

Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....

109. Mythologizing Nikos Koshis

The portrayal of Nikos Koshis as a role model for combating organized crime, being showcased on various TV stations whenever crime rates surge, has consistently caused me significant embarrassment....

110. Women say 'NO' to more babies despite Chinese Government urges

Amid a national emergency, China's Communist Party strives to increase birth rates with incentives like cheaper housing and tax benefits....

111. Why Finland's education system is top ten tough

A recent study by MastersDegree.net has identified Finland as having one of the most demanding education systems globally, following a 9-3-3 structure....

112. Cyprus ranks fourth in EU for cars per capita, exceeding average

In 2022, Cyprus ranked as the country with the fourth-highest number of passenger cars per population, boasting 658 cars per 1000 inhabitants, significantly surpassing the EU average of 560 vehicles per 1000 inhabitants, according to Eurostat, the statistical service of the European Union....

113. Can Cyprus withstand yet another crisis?

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

114. How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

115. Non-performing loans hold steady at €2B amid rising rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

116. Cyprus shines with 20% tourism surge!

In a burst of post-pandemic enthusiasm, Cyprus shines as the EU's tourism star, celebrating an impressive 20% surge in 2023 – a dazzling spectacle second only to a breathtaking fireworks display!...

117. Central Bank chief cautions on early rate cuts amid global tensions

Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....

118. Forty percent of global jobs face disruption because of AI

Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....

119. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

120. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....