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781. More job vacancies reported than registered unemployed

The number of job vacancies reported by hotels for the year 2022 was almost three times the monthly average of the number of registered unemployed persons, Labour and Social Insurance Minister Kyriakos Koushos said at a conference on the "Staff shortage in the field of hospitality"....

782. 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. ...

783. Israelis applying for French citizenship skyrocketed after November elections

Following the November elections, which saw the installation of the country's most right-wing and religious government to date, the French embassy in Israel saw a 13 percent increase in applications for citizenship....

784. Directives and recommendations to passengers due to Covid

The Ministry of Health has issued European Union directives and recommendations to passengers and airport and airline staff travelling to EU/EEA countries...

785. University of Cyprus scientists develop nanotechnology to treat breast cancer

Scientists of the University of Cyprus, taking advantage of the new perspectives offered by nanotechnology in pharmaceutical technology, have prepared polymeric nanoparticles for the planned transfer of the antihistamine substance Tranilast to the cancerous breast tumor, according to a relevant press release from the University of Cyprus....

786. King Constantine, former king of Greece - His relationship with Makarios and his involvement in Cyprus

787. Presidential debate: Boring, hilarious and chaotic but otherwise satisfactory

Averof Neophytou, Andreas Mavroyiannis, Nikos Christodoulides, Christos Christou, Achilleas Demetriades, Giorgos Kolokasidis, and Konstantinos Christofides clashed in another debate last night which was aired on TV stations Alpha, Ant1, Sigma, and Omega....

788. 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,...

789. PCR tests to be required for passengers arriving from China

All passengers arriving to Cyprus from China from 15 January will need to show a negative PCR test performed 48 hours before their departure, the Cabinet decided on Wednesday. It also decided on the central management of Intensive Care Unit (ICU) beds....

790. Portugal's golden visa program netted €654.2 million in 2022

Investment in Portugal through golden visas in 2022 reached €654.2 million, representing a 41.9 per cent increase compared to the previous year....

791. 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. ...

792. Biology textbook at center of controversy in Cyprus

A biology textbook is the center of heated debate in Cyprus after references to “purity” and “abstinence” in a chapter on sexually transmitted diseases were posted on social media...

793. January Newsletter of K. Treppides & Co Ltd

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

794. 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....

795. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

796. Turkish asylum applications in Germany increased by 216%

A total of 20,802 asylum applications from Turkish nationals were received by authorities in Germany in the first 11 months of 2022, marking a significant increase compared to 7,873 applications filed under the same purpose during the same period in 2021....

797. New loans up despite interest rate hike

Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...

798. The plan to bring in more German tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....

799. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

800. France offers free condoms in wake of an increase in STD's

Free condoms are now available to young people under the age of 26 at French pharmacies as part of what French President Emmanuel Macron has called “a small revolution in preventative healthcare.”...

801. Cypriot expert signals China measures 'in line with EU'

Collective measures in line with the EU will be taken to tackle new outbreak of COVID cases in China Dr Petros Karayiannis, member of the scientific advisory committee told the Cyprus News Agency, following a meeting on Monday with the Health Minister...

802. 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....

803. Cyprus braces for credit ratings in 2023

The ratings will take place in a year marked by a projected economic slowdown, amid the continued uncertainty that clouds the economic outlook, due to high inflation and the energy crisis, fueled by the continuing war in Ukraine...

804. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

805. Calls to protect vulnerable borrowers from interest rate hike

The Association for the Protection of Bank Borrowers (SYPRODAT) has accused the government of "complete apathy" in the development of support measures for vulnerable borrowers in the aftermath of the European Central Bank's (ECB) continuous increase in interest rates and amid conditions of unprecedented accuracy....

806. December Newsletter of K. Treppides & Co Ltd

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

807. Cyprus to impose minimum 15% tax on multinational corporations

Cyprus Ministry of Finance said on Friday it will introduce a 15% minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover of at least €750 million while examining ways to mitigate any possible adverse impact on the Cypriot economy....

808. 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, ...

809. Calculating tax revenue for the passport program is challenging

It is impossible to estimate and link the amount of government revenue from the CIP to the individuals covered by it....

810. 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....