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1141. Bookings for Cyprus countryside accommodation rise during Easter holidays

According to official data released by the Deputy Ministry of Tourism, bookings for countryside accommodation in Cyprus increased during the Easter holiday season....

1142. EY report: Governments need new ways of working to seize digital opportunities

Governments around the world are at risk of failing citizens through lack of digitalization, according to EY research presented in a new report: “How can government workers and technology align to serve future citizens?”. ...

1143. 75.6% increase in motor vehicle registrations in March 2023

Total registrations of motor vehicles in March 2023 numbered 4,270, recording an increase of 75.6% compared to 2,431 in March 2022, according to the report entitled "Registration of Motor Vehicles" for the period January-March 2023, published by the Cyprus Statistical Service on Monday.Hi...

1144. Protecting EU borders: The rise of border walls against third country migrants

The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....

1145. Dust concentrations expected to increase with possibility of light rain

Starting tomorrow, Saturday, there will be increased concentrations of dust in the air. Additionally, the Meteorological Service predicts the possibility of light local rains throughout the weekend....

1146. Cypriots prepare for a sunny Greek Easter of biblical proportions

With Greek Easter just around the corner, Cypriots are preparing for a feast of biblical proportions. This holiday marks the end of a 40-day fasting period for many, and the locals are eagerly anticipating indulging in all of their favorite Easter treats....

1147. Occasional cloud cover and gradually rising temperatures?

Good afternoon, and welcome to today's weather report. For the day, we can expect occasional increased cloud cover in some areas. The winds will mainly be from the southwest to northwest direction, moderate, with a force of 4 Beaufort....

1148. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

1149. Temporary high pressure, thin dust and isolated rains expected

Today, we have a weak high pressure temporarily affecting the area, while weak low pressure is expected from tomorrow....

1150. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

1151. Cyprus to surpass 1 million people while EU population to decrease by 6% by 2100

According to the latest population projections issued by Eurostat, the statistical service of the EU, the population of the bloc will decrease by 6% between 1 January 2022 and 1 January 2100, equivalent to 27.3 million fewer people. The population of Cyprus on the other hand is expected to pass 1 million by 2100....

1152. BP and ADNOC's bold bid for the Leviathan field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

1153. Barack Obama: Murdoch divided Western societies

Barack Obama has suggested that Rupert Murdoch’s media empire has led to greater polarization in western societies through news coverage designed to “make people angry and resentful”....

1154. WHO is no longer requiring doses of COVID vaccines

The World Health Organization has tailored its Covid-19 vaccination recommendations for a new phase of the pandemic, suggesting that healthy children and adolescents may not necessarily need a shot but older, high-risk groups should get a booster between 6 to 12 months after their last vaccine....

1155. Gale force winds expected Wednesday morning

Today, after the dissipation of low clouds and fog in the morning, mostly clear weather is expected, though locally, increasing clouds may occur. In the afternoon, ...

1156. March Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1157. Marinas of the future with antiquated regulations

The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....

1158. US report on Cyprus notes rise of antisemitism

A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...

1159. High prices continue to plague the market

1160. 'Structural Integrity Certificates' should be made mandatory

The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....

1161. Get ready for stormy weather

The Cyprus Meteorological Department has issued a new yellow warning for isolated severe thunderstorms, which will be in effect from 23:00 tonight until 17:00 tomorrow afternoon. ...

1162. It's been 10 years since the haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

1163. EAC maintains dominant position in Cyprus' energy production market

The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....

1164. KEDIPES: Interest subsidies for good loans in 2023

As a reward for borrowers who stick to the repayment schedule of their credit facilities for the year 2023, KEDIPES is moving forward with an interest subsidy for restructured credit facilities that have the ECB base rate as their base rate....

1165. Price of eggs in Cyprus up by 23%

According to data released by Eurostat, food prices have significantly risen in 2022....

1166. Real estate trends in 2023

Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....

1167. Mostly clear over the weekend with a chance of showers

When are the rains coming...

1168. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

1169. Hate speech rampant in Cyprus despite progress

Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...

1170. Increasing cloudiness and isolated showers today

Today's weather will be mostly clear, but there will be locally increasing clouds, especially after midday, which will cause isolated showers, primarily in the mountains and some inland areas. ...