Search

841. Cyprus short-term rental bookings rebound in 2022, but still below 2019 levels

Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...

842. Private jet flights in Europe reach record high in 2022

A recent report from Greenspace on carbon dioxide emissions from private aviation in Europe has shown that private jet flights reached an all-time high in 2022, and emissions more than doubled compared to 2021....

843. Tourism revenue at €45.6 million in January

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism....

844. Announcement Appointment of Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 April 2023. ...

845. Cyprus' hourly labor costs below EU average at 19.4 euros

The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...

846. Completion of Project Starlight

847. Eurostat: Cyprus 3rd highest percentage of foreign-born citizens

Eurostat, the statistical service of the European Union, has released data showing that Cyprus is one of the top countries in the EU for migration....

848. Driver in double hit and run guilty of manslaughter

A man who was detained in a double hit and run fatality in December 2021 was found guilty of manslaughter on Wednesday, with Paphos police still unable to locate the first car that struck a local woman unconscious...

849. It's a pawsome weekend treat as Athens museum opens doors to fur buddies

This Sunday, April 2, the people of Greece get to live out my lifelong dream and bring their dogs to the National Museum of Contemporary Art in Athens for a “World Stray Animal Day” event. ...

850. Former Cyprus president denies allegations of Greek interference

Former President of the Republic of Cyprus, Nicos Anastasiades, has denied allegations that Greek Prime Minister K. Mitsotakis interfered in the political decisions of Cyprus. ...

851. Bank deposits increase by €357.1 million in February

Total deposits in February 2023 recorded a net increase of €357.1 million, compared with a net decrease of €583,8 million in January 2023....

852. Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

853. Slight increase in fuel prices

A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...

854. High prices continue to plague the market

855. Cocaine use in Cyprus low compared to European average

Larnaca and Limassol have the highest use of methamphetamine in Cyprus, according to a study conducted by the European Monitoring Centre for Drugs and Drug Addiction....

856. Construction materials up by 10.73% in February 2023

The Price Index of Construction Materials for February 2023 reached 136.10 units (base year 2015=100), recording an increase of 10.73%, according to data published by the Statistical Service of Cyprus on Monday....

857. Travel between US and Europe increased by 87% in February 2023

The recent data released from the International Trade Administration (ITA) has revealed that international air travel to and from the United States and Europe saw an increase of 87.1 percent in February 2023,...

858. Austrian chancellor calls for 'very high' walls at EU borders

Austrian Chancellor Karl Nehammer has demanded that the EU external border should be fenced by a high wall in an effort to curb illegal migration as more refugees are coming to Europe....

859. 'Structural Integrity Certificates' should be made mandatory

The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....

860. Inflation sees downward trend for 7th month in a row

The cost of living in Cyprus has decreased for the seventh month in a row, with the rate of inflation dropping to 6.7% in February. This is down from a peak of 10.6% in July 2022. ...

861. Majority of goods transported by sea in Cyprus and the EU in 2021

In 2021, maritime transport accounted for more than two-thirds (68%, 5 135 billion tonne-km; tkm) of the EU’s freight transport, the lowest share recorded in the past decade according to data released by Eurostat, the statistical service of the EU....

862. Proposed bill gives women easy access to medically assisted reproduction

The House Health Committee of Cyprus has discussed a bill amending the law on medically assisted reproduction....

863. Health Ministry confirms typo led to confusion over 8-Year-old's flu death

The Ministry of Health has confirmed that a typographical error in its database was responsible for the incorrect news that an 8-year-old girl had died from Influenza A....

864. Eurostat: Women continue to outlive men in Cyprus

In 2021, life expectancy at birth was 81.3 years in Cyprus and 80.1 years in the EU according to data published by Eurostat....

865. Death toll from flu cases at 14, including an 8 year old girl

Fourteen people have died from Influenza in Cyprus this winter, among them an 8-year-old girl, who passed away at the Limassol General Hospital, after being treated in the Intensive Care Unit....

866. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

867. EAC maintains dominant position in Cyprus' energy production market

The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....

868. 'Supreme Cooperation Council': The what, how and why

The announcement of the establishment of a joint body at the highest bilateral level, which could potentially function as a "Supreme Cooperation Council" between Greece and Cyprus, is undoubtedly the most significant news to emerge from President Christodoulides' visit to Athens....

869. Police union takes issue with police body cam bill

Cypriot law enforcement officers could soon were body cameras while responding to incidents, but a bill proposal going through a House committee this week could be delayed by objections from police unions...

870. Lambradjia youths warn town to back off

A safety initiative to curb illegal lambradjia bonfires on Greek Easter has been met with a resistance in a local community in Limassol, where delinquent youths have been ransacking homes in search of flammable wood...