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1471. First ship carrying Ukrainian grain leaves Odesa port

A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....

1472. Cyprus requests disbursal of €85 million in RRF funds from EC

The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net of pre-financing), ...

1473. K. Treppides & Co Ltd: Benefits in Kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

1474. EU survey: Bribery still rife in health services

At least one out of eight people who visited a health service in Greece recently had to make an under-the-table payment, known as a “fakelaki,” or “small envelope,” according to recent data....

1475. ECB raises interest rates .5%, with further rate hikes on the horizon

The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....

1476. Construction costs continued its steady rise in June

The Price Index of Construction Materials continued its rising trend in June, reflecting the increased cost borne by contractors and rising prices in the construction sector....

1477. Stella Kyriakides visits Ukraine in bid to provide EU health support

EU Health Commissioner, Stella Kyriakides, visited Ukraine today as part of the Commission's ongoing efforts to provide support in the area of health....

1478. Cabinet appointment signals GESY wars not over

All hell broke loose this week in the health sector of the Republic of Cyprus, after a heart doctor not liked by unions was given a seat on the board of the Health Insurance Organization, signaling core debates about whether the state should stick to uniform rules or expand its single-payer philosophy...

1479. Warnings continue as heat dome lingers over mountains

Another yellow warning has been issued for Cyprus as temperature highs in the mountains were expected to reach 32 degrees Celsius, with hot nights still on the menu for most areas...

1480. Ever wonder what it smelled like in the Golden Age or the stench of the Industrial Age?

Sometimes, the most powerful jolt of nostalgia one can feel is that which comes after picking up the scent of something iconic of one’s childhood....

1481. Construction projects decline as prices soar

Activity in the construction sector in Cyprus continues its decline in the first quarter of 2022, amid soaring prices, data released on Tuesday by the Statistical Service of Cyprus show....

1482. Anastasiades 'Judicial reforms a priority'

President Nicos Anastasiades underlined the importance of reforming the judicial system during the confirmation ceremony of the new President of the Supreme Court Antonis Liatsos, which took place on Tuesday at the Presidential Palace....

1483. 100,000 daily departing passenger limit at Heathrow until September 11

Heathrow Airport said it has introduced a cap of 100,000 daily departing passengers until September 11, as the aviation sector struggles to cope with demand for travel....

1484. Cyprus property market growing in number and value

The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....

1485. 'Nightmare' scenario for Europe as Russia shuts off gas pipeline

The main natural gas pipeline between Russia and Germany shut down for scheduled maintenance Monday, raising concerns that Moscow could use the repairs as a pretext for a longer shutdown as it wields energy supplies as leverage in the Ukraine war....

1486. Abortion debate spills over into Cyprus

Officials in the Republic of Cyprus say sexual and reproductive rights of women on the island are being trampled in the absence of clear protocols, with access to abortion and long-term contraception being put on the line in the southern part...

1487. Greece: Covid infected tourists no longer required to quarantine

A new government decision issued by the Greek authorities earlier this week has established that tourists who get infected with the COVID-19 disease while being in Greece will not be required to go into quarantine. ...

1488. Inflation edges closer to double digits in June

Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....

1489. Employee influence grows: 43% set to quit jobs for better pay, career opportunities and flexibility

Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...

1490. Exness supports technology education in Cyprus through Robotex Platinum sponsorship

1491. Cyprus employment fell by 1.5% to 39,100 persons employed

Employment in the broad industrial sector decreased in 2020 by 1.5% to 39,100 compared to 39,700 in 2019, according to the results of the Survey on Industrial Production 2020, published by the Cyprus Statistical Service on Monday. ...

1492. Tatar has yet to deliver cooperation proposals to President Anastasiades

The proposals on mutual cooperation unveiled by the Turkish Cypriot leader, Ersin Tatar, during a meeting, last week with Miroslav Jenča, the Assistant Secretary-General for Europe, Central Asia and the Americas, have yet to be received by President Nicos Anastasiades....

1493. House clamps down on glamping aspirations

Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...

1494. Second Covid booster? Yeah… maybe

In contrast to the speed with which we took up the previous doses of the vaccine against SARS-CoV-2, Greeks are hesitating over the fourth dose. Maybe because it’s summer and the open air makes us feel that we are better protected,...

1495. Retail trade in the grip of inflation

The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....

1496. EU to make solar panels mandatory on all new buildings

Solar panels could soon be mandatory on all new buildings in the European Union under a new proposal aimed at rapidly replacing its reliance on Russian oil and gas supplies with renewable energy....

1497. The 'Great Resignation' is set to continue worldwide as pressure on pay mounts

The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months. ...

1498. Earl of Wessex pays a visit to the English School in Nicosia

The English School students and faculty warmly welcomed HRH Prince Edward, the Earl of Wessex, to their premises on Tuesday, 21 June 2022, as part of the celebrations of Queen Elizabeth II‘s Platinum Jubilee across the Commonwealth of Nations. The Earl was received by Headmaster David Lambon and the Board of Management....

1499. Cyprus plays supporting role in LNG arena

After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....

1500. Consulco brought together London and Limassol

An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...