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661. Electricity link connects Israel, Cyprus, Crete, and Greece

In a significant development for the energy sector, George Papanastasiou, the Minister of Energy, Trade, and Industry, expressed his warm welcome for the forthcoming implementation of the electricity interconnection project connecting Israel, Cyprus, Crete, and mainland Greece....

662. Angels Pet Cemetery redefines pet farewell in Cyprus

Angelos Petevinos, a devoted pet owner, found himself in a heart-wrenching situation a few years ago when his beloved dog, Sushi, fell seriously ill....

663. Cyprus banks secure Moody's upgrade to investment status

After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....

664. Moody's boosts Bank of Cyprus and Hellenic Bank ratings to Baa2

Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....

665. Inflation fears and green investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

666. Surgery cost inquiry leads to heated confrontation with doctor

The Patient Rights Observatory of the Federation of patient associations of Cyprus (OSAK) has recently received complaints regarding various issues related to healthcare services in Cyprus....

667. CBC Governor Herodotou reveals breakthrough in digital finance

The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....

668. Embracing the digital change in education

In the modern age, one of the paramount areas that demands digital transformation is education....

669. Keravnos expects more from banks to boost Cyprus economy

The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....

670. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

671. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

672. Putin and Erdogan's plan for turning Turkey into an ''Energy Hub'' stalls

A joint endeavor between Putin and Erdogan to transform Turkey into a crucial conduit for Russian gas to Europe appears to have hit a roadblock, according to sources cited by Reuters....

673. CEO confidence in artificial intelligence tempered by social, ethical and security risks

CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...

674. European law puts online platforms at risk of fines and sanctions

Major online platforms risk fines and sanctions if they violate the new European law on digital services that came into force end of August and which, inter alia, makes online platforms legally responsible for the content posted on them....

675. Athens adapts to climate change with new parks

Two new parks will help shield Athens from the risks of the climate crisis, according to Athens Mayor Kostas Bakoyannis....

676. Sailing back to the future as WindWings propel shipping's green revolution

It seems a bit silly, but merchant shipping which long ago ditched its sails for internal combustion is now switching back, but not to any sail you’ve ever seen....

677. Can sexual education truly safeguard Cyprus youth?

With a small yet significant change in our education system, the new school year is commencing....

678. China's $10 trillion hidden debt

For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....

679. AP's groundbreaking AI guidelines for newsrooms

The Associated Press (AP) has taken a step toward incorporating generative artificial intelligence tools like ChatGPT into its operations. ...

680. Company fined €12,000 for workplace safety violations

A fine of €12,000 was imposed on a company that was judged by the District Court of Nicosia to have violated the laws concerning workplace safety and health....

681. Tepco plant discharges radioactive water into Pacific

Japan has begun discharging more than 1m tonnes of tainted water into the Pacific Ocean from the wrecked Fukushima Daiichi nuclear power plant in a move that has prompted China to announce an immediate blanket ban on all seafood imports from Japan and sparked anger in nearby fishing communities....

682. 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, ...

683. Clear conditions expected today

The Meteorology Department has sounded a double warning for exceptionally high temperatures, urging residents to take precautions as a heatwave grips the region. ...

684. 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....

685. Double warning for severe heatwave

As a scorching heatwave tightens its grip on the region, local authorities are taking precautionary measures to ensure the safety and well-being of residents. ...

686. 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....

687. Office workers catching 'ChatGPT fever' as usage surges

According to a recent Reuters/Ipsos poll, many American workers are adopting ChatGPT to assist with everyday tasks, even as tech giants like Microsoft and Google have restricted its use due to security concerns....

688. Proper disposal of medical waste needed to prevent wastewater contamination

Improper disposal of unused or expired medicines, whether in waste bins or down drains, poses significant risks, according to the Environment Department and Dr. Nikolas Dietis,...

689. Apostle Andreas: A sensitive issue of religious space

The work of the Intercommunity Commission for the Protection of Cultural Heritage and its previous leaders certainly do not need my confirmation of their good work....

690. Should you sell your family business?

A common response from family business owners when asked the above question is, "Let them make an offer, and we'll see."...