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1381. How much loan can a couple with an income of €2,000 get?

Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....

1382. Turks slam Greeks over fake ‘push-forward’ story

Turkey has slammed Greece’s migration minister over a video tweet allegedly showing members of the Turkish coast guard beating refugees during an alleged push-forward, with Ankara rushing to provide context and accusing Greek media of failing to properly retract a fabricated story...

1383. London: Attempts to prevent a robbery leads to stabbing in broad daylight

Three people have been stabbed and a further one person injured after being 'pushed to the floor' in a bloodbath on the streets of central London this morning....

1384. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

1385. Investigator fired from soldier death cover-up probe

Cyprus’ chief prosecutor has fired one of two independent investigators in a police cover-up probe, prompting strong reaction from the ousted expert as well as the family of a slain soldier, whose death initially ruled a suicide turned out to be a criminal act 17 years ago with the perpetrators still at large after a botched investigation...

1386. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

1387. Finance Minister calls for prudency to safeguard economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

1388. Cypriot businesses face serious issues, but still expect to turn a profit

What are the main problems for Cypriot businesses (table) ...

1389. Remains of four resistance fighters returned to relatives

The remains of four resistance fighters killed during the 1974 coup in Cyprus were identified recently and will be returned to their families who were briefed on Wednesday by Commissioner Photis Photiou and his associate Xenophon Kallis....

1390. Reduced excise tax on fuel extended until mid-January

The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....

1391. Building defense, innovation and a better future for our children

Candidates for the presidential elections that will take place in February 2023 continue their pre-election campaign with meetings, events and announcements on various issues....

1392. California to allow human remains to be composted and used as soil

California will begin offering the option of human composting after death thanks to a bill recently signed into law that aims to tackle climate change....

1393. Spain gave 'golden visa' to former Mexican president being investigated for corruption

The Spanish authorities have finally confirmed that the former Mexican President Enrique Peña Nieto, who is being investigated by Mexico’s attorney general’s office for alleged money laundering, illicit enrichment, and illegal international transfers, is a legal resident of the country....

1394. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

1395. Self check-in and robots - the future of tourism in Cyprus

1396. No more plastic bags in supermarkets from October 1st

In October, Cyprus will take action and reduce the use of plastic, according to a bill passed in 2022 that comes into force on October 1. Consequently, from the first of October, products such as plastic cotton swabs, cutlery, plates and so on will be banned from the market....

1397. Rhapsody courtesy stop unpacks Cyprus’ game plan

Cypriot officials were stoked on Tuesday when the Rhapsody of the Seas made a brief stop at the Ayia Napa Marina, a moment filled with high expectations for the island that hopes to attract cruise ships in its southeastern shores...

1398. The Russian plan to annex occupied territories

It now holds about 60% of Donetsk and had captured nearly all of Luhansk by July after slow advances during months of intense fighting. But those gains are now under threat after Russian forces were driven from neighbouring Kharkiv province this month,...

1399. Turkish Cypriots predict direct Russian flights to north

Turkish media are citing information that Turkish Cypriots could be closer to getting direct flights between Russia and north Nicosia, an otherwise politically unworkable task due to the division of the island that has come under challenge in recent years...

1400. Only PDO halloumi available in the market from today

As of today, inspectors from the Ministry of Agriculture have started inspections in supermarkets and store refrigerators to remove non-PDO branded halloumi products....

1401. Racial undertones as Ukrainian knife-wielding suspect arraigned

A Ukrainian woman accused of carrying out a knife attack against Russians who were celebrating their national flag day last month is facing multiple charges with some references alluding to hate crimes...

1402. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

1403. Suspense grows in Greek Cypriot’s arrest in the north

People on both sides of the divided island are questioning the prolonged detention of a Greek Cypriot businessman, who remains in Turkish Cypriot police custody after he was linked to a walkie-talkie and maps found in a hotel room after checkout...

1404. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

1405. 150% increase in foreign direct investment - 600% increase in the technology sector

Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....

1406. Metsola: Europe will never be whole as long as Cyprus is divided

Cyprus continues to rely upon the EU and the European Parliament in its efforts to reunify the country and end the unacceptable status quo, said the President of the Republic Nicos Anastasiades in his statements following his meeting with the President of the European Parliament, Roberta Metsola, at the Presidential Palace on Friday....

1407. Mountains inundated with heavy rain

Heavy rainfall was recorded from noon on Tuesday (6/9) in mountain areas of Cyprus....

1408. Cyprus spits bars in latest Greek-Turkish spat

The foreign ministry in the Republic of Cyprus is accusing Turkey of hyping 'rhetoric madness' following Ankara’s criticism towards Athens, as the two NATO allies continue to accuse each other of harassment...

1409. Cyprus donates 175 thousand euros to Missing Persons Committee

Presidential Commissioner Photis Photiou handed over on Monday to the head of the UN Development Programme (UNDP) office in Cyprus, Jakhongir Khaydaro, the amount of 175 thousand euros to the Committee on Missing Persons in Cyprus as a donation from the Republic of Cyprus to the Committee....

1410. Presidential candidates on the move as campaign heats up

The presidential election campaign trail over the weekend ended with the Cyprus Green Party deciding next month on the name of the presidential candidate it will support. ...