Search

421. Kilograms of cash, diamonds, jewelry and a Picasso still lost after 25 years

Swissair Flight 111 from New York's JFK airport to Geneva, Switzerland, crashes off Nova Scotia, Canada, killing 229 people....

422. Germany to introduce domestic covid measures

German authorities have said that the country will introduce domestic COVID protective measures in October as they are needed for autumn and winter....

423. Cypriot minister lashes out at ‘populist’ lawmakers

Cypriot Finance Minister Constantinos Petrides lashed out at lawmakers on Tuesday warning against “dangerous and unrestrained populism” after members snubbed a presidential veto on three crucial pieces of legislation...

424. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

425. Cyprus requests disbursal of €85 million in RRF funds from EC

The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net of pre-financing), ...

426. Techno parties to rebuild villages being organized by young Ukrainians

In a village in northern Ukraine that was devastated by Russian occupation only months ago, a techno party is in full swing....

427. Italy's PM resigns spelling trouble for Europe

Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....

428. Stella Kyriakides visits Ukraine in bid to provide EU health support

EU Health Commissioner, Stella Kyriakides, visited Ukraine today as part of the Commission's ongoing efforts to provide support in the area of health....

429. Slashed tires slow down finance minister

The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...

430. Greece: Covid infected tourists no longer required to quarantine

A new government decision issued by the Greek authorities earlier this week has established that tourists who get infected with the COVID-19 disease while being in Greece will not be required to go into quarantine. ...

431. Caged animal farming must end in EU, European Commission says

The European Commission said on Wednesday it would propose legislation to phase out caged farming of animals, after a citizens’ petition calling for the ban gathered more than one million signatures....

432. Deputy Minister to the President expected to make full recovery

Deputy Minister to the President, Petros Demetriou, who underwent open-heart surgery on Tuesday, is being treated in the ICU of a private hospital in Nicosia and is in stable condition, with his doctor Marinos Soteriou noting that he is expected to make a full recovery....

433. Kea opens spectacular shipwreck dive sites

Jacques-Yves Cousteau would probably have been surprised to learn that the wreck of the World War I Britannic (the sister ship of the legendary Titanic) he discovered in 1975 off southwestern Kea would be listed as an underwater historical site almost 50 years later, becoming one of a handful of such marine parks in the world. ...

434. Commando very critical after helicopter jump

A paratrooper in the Republic of Cyprus is on life support following an accident at sea, with the defense ministry calling for an investigation after reports suggested the private jumped incorrectly from a helicopter into water...

435. Seniors in Cyprus remain skeptical of fourth shot

A spectacularly small number of people over 60 got their fourth COVID jab so far in the Republic of Cyprus, with the health ministry contemplating to lower the age threshold at a time while medical experts advocating for the vaccine are jumping ship on the immunity debate...

436. Turkey's fiscal cooperation with occupied areas unacceptable

Cyprus President Nicos Anastasiades intends to send letters to the UN Secretary-General, the EU, the guarantor powers and the US to inform them of the illegal protocol of economic and fiscal cooperation Turkey has signed with the regime in the island’s occupied areas....

437. Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl

Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....

438. The dilemmas of war and pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

439. Staff shortages lead to travel chaos at European airports

Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....

440. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

441. Female tourists wanted after hospital incident

Police are investigating an incident in Paphos where a situation at the hospital got out of hand after three female tourists described as intoxicated had an altercation with nursing staff and an officer on duty...

442. Nicos Anastasiades to convene National Council meeting on June 9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

443. Global IPO market experiences significant slowdown in Q1 2022

444. Industrial prices soar by 19.5% in Cyprus

Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....

445. Masks no longer required indoors or outdoors as of today, June 1st

As of today, the use of protective masks in indoor and outdoor areas will not be obligatory. Moreover, all Covid-related measures will be lifted in ports and airports in the Republic of Cyprus....

446. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

447. Masks no longer required in indoor spaces as of June 1st

Masks will no longer be required in indoor spaces as of June 1st, according to an announcement today from the Ministry of Health....

448. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

449. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

450. Cacophony emerges as Cyprus stalls foreclosure bills

The finance ministry in the Republic of Cyprus is scrambling for new ways to overcome an awkward impasse on two crucial foreclosure bills, after opposition parties blamed the administration for not doing enough to have the European Commission go along with amendments to protect bad loan guarantors...