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1711. Eurobank Cyprus reports soaring profits amid rising interest rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

1712. 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."...

1713. UK's first postal drone service now operational

The UK launches its first permanent postal drone delivery service on the Orkney Islands off the coast of Scotland....

1714. Hot days and warm nights

In response to scorching weather conditions, the Meteorological Service issued a yellow warning for exceptionally high temperatures on Wednesday morning. ...

1715. Presidential election complaints lead to €36,000 fine for Christodoulides' staff

In the aftermath of the 2023 Presidential Elections, the staff of Nikos Christodoulides faced a hefty fine of €36,000 following complaints lodged with the Commissioner for Personal Data Protection, Ms. Irini Loïzidou-Nikolaidou....

1716. Finland stops visa processing in Russia

The Finnish authorities have announced that the country will no longer accept visa and residence permit applications at the VFS center in Saint Petersburg from August 1, 2023....

1717. 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....

1718. Retail trade soars by 8.4% in June

Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....

1719. 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....

1720. 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....

1721. Heatwave with showers and thunderstorms

1722. Miss Cypriot Beauty 1971: A journey through time

"This fabric is an old curtain from Ledra Palace," she says, caressing the covering tenderly that she uses to cover her sofa, in a cool, oasis-like elevation within her elegant home in Kato Arodes, Paphos. ...

1723. 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. ...

1724. The devastating impact of revenge pornography

Twelve women in Cyprus recently fell victim to revenge pornography, where a 40-year-old man from Larnaca posted explicit videos and photos of them on erotic websites. ...

1725. 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....

1726. 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....

1727. Man arrested in shocking pornography scandal

A 40-year-old man has been arrested in Larnaca in connection with the publication of explicit videos and photos on pornographic websites, according to Christos Andreou, a police spokesman. The case is being described as very serious, with the suspect facing charges related to the dissemination of pornographic or sexual content....

1728. Patients endure extended waits for beds amidst shortage

An elderly patient who suffered a stroke had to endure a grueling wait for a hospital bed at Pafos General Hospital's Intensive Care Unit (ICU) on Saturday, 22nd July....

1729. Coping with the heatwave

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

1730. Varosha's haunting appeal to tourists

Few places in the world can claim to have been favored by both Hollywood actors such as Elizabeth Taylor and thrill seekers under very different circumstances. ...

1731. Tokyo apologizes for offensive flyers to new moms

There’s nothing a new mother likes more than being told how to please her husband – right?...

1732. Cyprus on high alert at 42°C

The Meteorological Service of Cyprus has issued a warning for an impending heatwave, with temperatures soaring up to 42 degrees Celsius on Friday....

1733.  UFO witness exposes government secrets

In a remarkable turn of events, a UFO whistleblower recently testified before a House Oversight Subcommittee on national security, shedding light on bold claims that the Pentagon is concealing evidence of alien spacecraft from Congress....

1734. Sunny days, hot nights

The Meteorological Department has recently issued a new yellow warning for extremely high temperatures. ...

1735. Lawsuit threatens €284.5M PDO halloumi industry

Shortly before the completion of a year (July 22, 2022) since the agreement between the Ministry of Agriculture, producers, cheesemakers, and KEVE, and the implementation of the terms of the European Regulation in the halloumi production chain, it seems that Cyprus' protected cheese is facing new challenges....

1736. Heatwave warning Issued by Met Service

The Meteorology Department has recently issued a yellow warning for extremely high temperatures....

1737. Where Cyprus stands in EU minimum wage

The minimum wage in Cyprus is slightly lower than 1,000 euro per month since the country became the 22nd out of 27 EU member states to have instituted a national minimum wage on January 1st, 2023, according to data released by Eurostat, the statistical service of the EU, about the situation as it stood on July 1st....

1738. Rapid expansion for Cyprus Airways

Cyprus Airways in the first half of 2023 carried a total of 260,000 passengers marking a steep increase of 300% year on year, while it doubled its operations compared with June of last year....

1739. Greece's wildfire crisis: Severity and root cause

Roaring fires have ripped through Greece, belching thick clouds of choking smoke and forcing tens of thousands of people to flee....

1740. Record-breaking heatwave sweeps across region

The Meteorological Department has recently issued a yellow warning due to an impending heatwave, bringing extremely high temperatures....