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361. EU wants more independence for Cyprus prosecutor

The European Commission has stressed the need for Cyprus to strengthen the independence and the accountability of the Prosecution Service...

362. President of OEB shares his cat's survival story

The President of OEB (Cyprus Employers and Industrialists Federation), Michalis Antoniou, recently took to social media to share the remarkable story of his cat's journey to recovery....

363. Madonna's tour postponed as singer hospitalized with serious infection

Madonna’s upcoming Celebration tour has been postponed after the singer was hospitalized with a “serious bacterial infection”, according to an Instagram post from her longtime manager Guy Oseary. ...

364. First pictures of Titan's Wreckage revealed after ROVs discover chambers

Debris from the Titan was brought ashore by deep-sea robots on Wednesday as the US Coast Guard continues recovery operations following the sub’s catastrophic implosion....

365. Zero-hour for the Titan submersible as oxygen levels dwindle

Oxygen on Titan is now feared to have run out - but the desperate search for the missing Titanic submersible and the brave adventurers on board reached the floor of the Atlantic today - just as the desperate deadline passed....

366. Assessing Christodoulides' stance on the tourism sector

Judging from President Christodoulides' recent remarks on his 100-day governance report, it seems that the sectors of Shipping and Tourism are relatively low on his list of priorities....

367. Hunter Biden to plead guilty to three federal charges

President Joe Biden’s son Hunter has been charged with failing to pay federal income tax and illegally possessing a weapon and has reached an agreement with the Justice Department, according to a letter filed in U.S. District Court in Delaware....

368. Nicosia real estate market surges, indicating recovery

Nicosia, the capital city, has broken free from a six-month period of stagnation, exhibiting promising signs of recovery....

369. Overcoming obstacles in Cyprus' green transition

Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....

370. Illegal bird trafficking ring busted

An illegal wild bird trafficking ring was dismantled after a joint collaboration between the Game and Wildlife Service and Police....

371. Institute wages House battle for married parents

Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...

372. May 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....

373. Unleashing potential through a revised recovery plan

The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....

374. Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

375. Cyprus exits enhanced surveillance ten years after crisis

Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...

376. Limassol hosts desalination conference

'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...

377. May 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....

378. President announces receipt of first US sanctions list

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379. 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)....

380. 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...

381. Lack of aircraft preventing global air travel recovery

The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....

382. 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....

383. Finance Ministry launches tender for Companies Law modernization

Cyprus Ministry of Finance has launched a tender with an estimated value of €2 million aiming to acquire services for the modernization and reform of the outdated Companies Law, aiming to improve the economy’s competitiveness and ease of doing business....

384. 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....

385. Cyprus hurries to launch EU alert on mobile phones

Cyprus is the only EU member state that does not use a Public Warning System to alert cell phone users of an emergency or imminent threat, but officials in Nicosia say they hopeful they can launch Emergency Alert by next year...

386. 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. ...

387. Cypriot professor Phoebe Koundouri honored for contribution to Science

On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....

388. Completion of Project Starlight

389. Cyprus and Bahrain recommit to cooperation

The Cypriot consul in Bahrain has issued a statement about a series of meetings in Manama on bilateral cooperation, following a diplomatic incident and further steps by Nicosia to install an ambassador in the Kingdom...

390. 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. ...