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631. EU's solar climb to 2030 green triumph

The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....

632. Concerns rise over emergency grain stocks

The Grain Advisory Committee is scheduled to convene this morning at 10 am at the Ministry of Agriculture, to engage in a discussion centered around the adequacy of grain supplies within the market. ...

633. UK inflation dips to 17-month low

UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month. ...

634. Poland's big parade shows readiness

Poland held its largest military parade in decades on Tuesday, in a flex of defensive muscle that comes as tensions rise on the border between the NATO nation and key Russian ally Belarus....

635. Russia implements bold rate hike amidst economic challenges

Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....

636. Tourism's dynamic future: Adapting to change from within

It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....

637. New COVID vaccine meets Eris variant challenge

A new COVID vaccine is due out next month, but health experts and analysts say it is likely to be coolly received even as hospitalizations from "Eris", a variant of the Omicron form of the coronavirus, rise around the country....

638. 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....

639. Tesla Model X resurrects in Ukraine after totaling in the U.S.

A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC Executive Editor Jay Yarow, months later....

640. Downward spiral continues in gov't employment as casual staff numbers rise

Government employment trends continued their downward trajectory in July, impacting all categories of permanent personnel. Concurrently, there has been an uptick in the recruitment of casual staff....

641. Death toll reaches 55 in Maui wildfires with more lives feared lost

The death toll from the devastating wildfires on the island of Maui, Hawaii, has now climbed to 55 – as officials warned that the loss of life is expected to rise further....

642. Cyprus spends more on imports, trade gap widens

The trade deficit in the first half of 2023 increased by approximately €574 million compared to the same period last year, even though imports significantly dropped in May and June of 2023 when compared to 2022....

643. Rising temperatures and clear skies ahead

Good morning, Cyprus! As we step into Thursday (10/8), get ready for temperatures to climb to 38 degrees. The Meteorological Service predicts that the region is currently under the influence of seasonal low pressure....

644. Cyprus' vet services doles out feline coronavirus medications

Feline Infectious Peritonitis (FIP), a virus-induced ailment that exclusively affects cats, has raised concerns within the veterinary community. A particular strain of the coronavirus causes FIP, leading to a progressive illness that ultimately results in the cat's demise....

645. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

646. Expect clear skies, gentle winds, and gradual temperature changes

Today, we're looking at mostly clear skies, although there might be some low clouds initially. ...

647. Loneliness on the rise as study finds Irish face highest rates in EU

Irish people are experiencing the highest levels of loneliness within the European Union, a recent study has revealed....

648. Cyprus hotels expect August rebound, 85%-90% occupancy forecasted

The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....

649. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

650. Clear evening, gradual cooling expected

The Meteorological Service has just issued a new yellow warning as temperatures continue to rise....

651. USA: NYC grapples with migrant crisis as hundreds sleep outside Roosevelt Hotel

Hundreds of migrants have been sleeping outside of Manhattan's Roosevelt Hotel for a second day in a row - as NYC Mayor Eric Adams said the crisis is 'not over.'...

652. Fuel companies announce significant price hikes

Looking at the average prices across Cyprus, we found that the average price of unleaded 95 petrol increased yesterday afternoon, Tuesday, compared to the morning, and now stands at 1.5 euros per liter....

653. Prices of homes and apartments up 7.7% annually

The rise recorded in the housing market in Cyprus during the first quarter of 2023 was significant, as prices continued to increase, especially in apartments, mainly due to higher demand....

654. Fuel prices on the rise in Cyprus

The prices of fuel in Cyprus are continuously increasing, putting a financial burden on many Cypriot citizens. Last week, the Representative of the Pan-Cyprian Consumer Association, Marios Drousiotis, estimated that there will be another increase of 2-3 cents in prices within days....

655. Drone strikes hit Moscow's financial district

Economic sanctions have been the biggest headache for Russia's business elite since the start of the war in Ukraine, but two drone strikes in the heart of Moscow's financial district are forcing companies to think about their employees' safety....

656. Heatwave with showers and thunderstorms

657. Government achieves €155.5M surplus in 2023

Cyprus government's surplus for the first half of 2023 increased to €155.5 million, equivalent to 0.5% of GDP, compared to a deficit of €92.4 million (-0.3% of GDP) for the period of January-June 2022, based on preliminary fiscal results from the Statistical Service of Cyprus. ...

658. Wizz Air hits milestone with 6 Million passengers at Larnaca airport

Low-cost - airline Wizz Air, celebrated the successful transportation of six million passengers to and from the airport of Larnaka, Cyprus....

659. Tourism revenue up by over 40%

A significant increase of 40.7% on an annual basis was recorded in tourism revenue, based on the results of the Traveler Survey of the Cyprus Statistical Service....

660. Coping with the heatwave

The Meteorology Department has issued a new yellow warning for a scorching heatwave expected on Monday....