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331. Cyprus faces deceleration amid inflation and rising rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

332. Cabinet to decide on flexible working in Cyprus public sector

The Council of Ministers is poised to make a decision regarding proposed flexible working arrangements in the public sector this August, according to Maria Kleanthous, First Officer and Head of the Human Resources Management and Labour Relations Section of the Department of Public Administration and Personnel. The move comes as part of the implementation of the Recovery and Resilience Plan, with a target completion date set for the close of 2024....

333. EuroAsia interconnector loan denied by European Investment Bank

The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....

334. BOC reports €220 million profit for first half of 2023

Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....

335. The triumphs, challenges, and unity in the mountains of Limassol

The specter of the formidable Arakapa fire reawakened as an eight-and-a-half-square-kilometer blaze surged through Mountain Limassol. ...

336. Cyprus approves €35M plan for high-speed internet in rural areas

Cyprus Commissioner for state aid control Stella Michaelidou announced the approval of a €35-million subsidy scheme aiming to create very high capacity network (VHCN) connectivity in mainly rural areas that do not attract private sector interest....

337. The EuroAsia saga continues

In a statement to ''K'' news, the European Commission expressed its appreciation for the recent signing of the cable purchase agreement for the EuroAsia Interconnector....

338. Vafeades announces affordable bus service from GSP stadium in a month

Transport Minister Alexis Vafeades addressed the traffic problem, stating that the solution does not lie in building more roads, but rather in reducing the number of cars on the existing roads....

339. Experts confront the menace of feline coronavirus

340. Petrides tweets expose EuroAsia Interconnector's risks

A series of points accompanied by questions were posted on Twitter by former Minister of Finance, Constantinos Petrides, commenting on the developments regarding the evaluation of the sustainability of the EuroAsia Interconnector project, the electric interconnection project between Cyprus, Greece, and Israel. ...

341. EuroAsia Interconnector secures record-breaking contract

Paris-based Nexans will undertake the construction and installation of the High Voltage Direct Current (HVDC) Cable Systems, marking a significant milestone in the EuroAsia Interconnector project. ...

342. Banking on success: Greek and Cypriot banks show remarkable credit improvement

Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....

343. Digital ''One-Stop-Shop'' to access renewable energy projects in 2024

The Ministry of Energy, Commerce, and Industry announced on Monday the launch of the online "Digital One Stop Shop" platform, an action of the Recovery and Resilience Plan "Cyprus - Tomorrow", which, in the first phase, concerns the digital submission of applications for the licensing of renewable energy projects....

344. Philippos Soseilos: Significant investment opportunities in Cyprus

345. Carlos Alcaraz, the new Wimbledon championship's winner

World No. 1 Carlos Alcaraz beat reigning champion Novak Djokovic in a thrilling five-set men’s final on Sunday to win his first Wimbledon title....

346. Turkish invasion 1974, Cyprus remembers

Sirens will once again ring out across all cities this year, as part of the commemorative events marking the somber anniversaries of the coup attempt and the Turkish invasion....

347. Housing sales slow due to inflation and construction costs

The value of transactions in the real estate sector amounted to €1.52 billion in the second half of the year, with the market bearing the impact of the interest hikes, inflation and the increased construction cost....

348. Flash flood emergency hits New York

Local television outlets reported almost one foot of rain fell in the area north of New York City, causing a flash flood emergency. ...

349. Cyprus shines as EU's strong innovator for second consecutive year

Cyprus is once more placed among the EU's strong innovators for a second year in a row, according to the annual EU innovation scoreboard, marking a significantly faster performance than the EU average....

350. 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...

351. 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....

352. Cyprus commits to EU's greenhouse gas emission targets

The participation of Cyprus in the ambitious climate target set by the European Commission for at least a 55% reduction in greenhouse gas emissions by 2030, based on the new package of European legislation Fit For 55, includes further emissions reductions in all sectors....

353. Cyprus unveils culinary brilliance at Gastronomos Awards

The anticipation reached a fever pitch as Cyprus braced itself for the grand culmination of the year-long journey celebrating its prodigious producers....

354. ''Gastronomos'' Quality Awards unveil menu for prestigious event

In addition to the highly anticipated awards, guests attending the annual "Gastronomos" Quality Awards will also have the pleasure of indulging in a specially curated menu, designed to complement the evening's celebrations....

355. Announcing the 9th annual Gastronomy awards 2023

Get ready for the much-anticipated celebration of Cypriot producers! The prestigious 2023 Quality Awards by "Gastronomos" and "Kathimerini" are set to take place on Tuesday, June 27th at 8:00 PM in the enchanting courtyard of the Cultural Centre of Strovolos Municipality....

356. President Christodoulides unveils government's 100-Day report card

During a press conference held today, President Christodoulides provided insights into the state of the government after his first 100 days in office and responded to various questions from journalists....

357. Christodoulides' pledge to safeguard Cyprus' reputation

President of the Republic Nikos Christodoulides has stressed that the government will not allow a very small minority of people in the country to tarnish Cyprus' reputation, which was built after many years of effort....

358. IMF says Cyprus untouched by war fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

359. 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....

360. Cyprus emerges as top beneficiary of EIB support in Europe

The European Investment Bank (EIB) President, Werner Hoyer, announced that Cyprus remains the largest beneficiary of EIB support per capita in Europe....