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1501. Attica's real estate market delivers 126% returns in last 5 years

The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022)....

1502. Q1 2023 sales reach €1.7 billion despite challenges

During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...

1503. Cyprus behind on freezing Russian assets, EU official says

The European Union’s executive arm wants to delve deeper into why Cyprus has only frozen 100 million euros ($110 million) worth of assets belonging to Russians facing sanctions amid the war in Ukraine, the bloc’s justice commissioner said Thursday...

1504. EU commissioner and Cyprus AG discuss strengthening rule of law and sanctions

The Attorney General of Cyprus, George Savvidis, met with the Commissioner of Justice of the European Union, Didier Reynders, on Thursday at the Legal Service to discuss several topics of mutual concern. Subtitle: Didier Reynders and George Savvidis meet to discuss strengthening the Office of the Attorney General, reviewing decisions made under Cyprus Investment Program, and imposing sanctions against Russian and Belarusian entities in Cyprus....

1505. Kilicdaroglu's visa-free travel pledge to Europe unlikely to happen soon

The pledges of the Turkish Presidential Candidate, Kemal Kilicdaroglu, made last month regarding visa-free travel with Europe within three months may not become a reality any time soon after German officials denied such claims....

1506. Application submitted to ''real estate committee'' for three Varosha hotels

According to Yeni Bakis, the person who claimed to have bought three hotels in Varosha submitted an application to the ''real estate committee'' yesterday. ...

1507. Commissioner in Cyprus to probe Russian asset freeze

Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...

1508. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

1509. Cyprus Republic not involved in the 'sale' of the 3 hotels in Varosha

Today, a scheduled meeting was held at the Ministry of Foreign Affairs to commemorate the new government's inauguration. The Minister of Foreign Affairs, Mr. Kombos, met with the Municipality of Famagusta, led by Mayor Simos Ioannou. ...

1510. AI pioneer regrets contribution to field, quits Google over concerns

The man often touted as the godfather of AI has quit Google, citing concerns over the flood of fake information, videos and photos online and the possibility for AI to upend the job market....

1511. What's wrong with a little transparency?

There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....

1512. WHO leads regional effort to improve health and well-being of refugees and migrants

1513. The unintended consequence: How Our online history built the AI industry

The AI boom is built on data, the data comes from the internet, and the internet came from us....

1514. TaxApp.cy: The easy way to submit a tax return

With TaxApp, taxpayers can easily and quickly submit their tax returns while ensuring correct submission. ...

1515. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

1516. 'Everything is a party'

Well, well, well, if you have a seat and some showmanship experience, apparently everything becomes a piece of cake and the gold dust blinds you from reality. ...

1517. Child porn felon freed in photo fakery case

The Supreme Court in the Republic of Cyprus has commuted a child porn prison sentence of a man in Larnaca after it emerged that images used to incriminate him were not real...

1518. Finance Minister requests containment of lending rates for housing loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

1519. Politics blog: Moscow on the Mediterranean

While some talk behind our backs, The Guardian is unabashedly labeling our country, especially our banking system, as the "Moscow of the Mediterranean". ...

1520. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

1521. Ideal real estate investment opportunities for sale by AstroBank

Commercial, industrial, and residential listings in various districts...

1522. From chocolate bunnies to souvla

As an American Roman Catholic, I thought I had the whole Easter celebration thing down pat. I mean, I grew up with the Easter bunny and chocolate eggs, and I knew all about the Stations of the Cross and Good Friday services. ...

1523. Delivery driver middleman scandal widens

A recent traffic accident has prompted police to widen a fraud investigation that began in Limassol and now has reached the capital, following revelations that foreign food delivery drivers in Cyprus were paying middlemen to secure driver permits through the state’s austere system...

1524. Altia: New Portfolio under Management

Altia, the fastest growing property company in Cyprus, officially announces the management of a new real estate package known as "Starlight" which will be added to the existing portfolio managed by the company....

1525. From troublesome youth to social responsibility

In my youth, I was what you would call a troublesome young man who loved firecrackers. It wasn't just because of where I grew up in my mother's village in Greece, where military history was celebrated, and almost all of my family's ancestors had died for faith and country, from Orlofika to the Korean Expeditionary Force....

1526. Second driver in fatal double hit and run sentenced

A man who was found guilty of manslaughter in a double hit and run fatality in Paphos was sentenced to six years in prison on Tuesday, with police still unable to locate the first car that struck the local woman unconscious...

1527. IMF projects steady GDP growth for Cyprus in 2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

1528. Greek and Turk connect over tombstone in Istanbul

Kerem Soyyilmaz knew very little about the 1923 population exchange between Greece and Turkey but felt such a strong urge to investigate after discovering in the summer of 2017 a marble slab with an inscription in Greek...

1529. Dalai Lama regrets asking boy to 'suck my tongue'

The Dalai Lama has apologized after a video emerged showing the spiritual leader kissing a child on the lips and then asking him to “suck my tongue” at an event in northern India....

1530. Ukrainian defense minister hurries down to Cyprus

Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...