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451. Citizen's Service Center (KEP) on Makarios Avenue to close

The Citizen Service Center (KEP) on Arch. Makarios III Avenue in Nicosia will be closing down as it relocates to the large Center in Engomi. This transition is set to take place starting September 9, 2024....

452. Former Ministers to pay fines after Interconnector tax probe

Fines and fees for former officials linked to Interconnector companies....

453. Eurobank Cyprus reports €105.7M net profit for H1 2024

Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....

454. Wizz air now flies from Larnaca to Cairo

Wizz Air the most environmentally sustainable airline globally1, is excited to announce a new route from Larnaca to Cairo. Starting on October 29, the new route will operate three times a week, on Tuesdays,...

455. Cyprus inflation slows in July after three months of rising costs

Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...

456. Athens on high alert over possible Israeli target attack

The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....

457. Bank of England cuts interest rates after nearly a year of stability

The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....

458. Larnaca Marina gets €30M upgrade, port project postponed

The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....

459. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

460. Cyprus government rakes in over €424M in surpluses this year

Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...

461. Record surge in olive oil fraud amid rising prices of 'liquid gold'

The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....

462. Nicosia municipality embraces digital era, ends cheque payments

In a significant shift towards modernization, the Nicosia Municipality announced it will no longer accept cheque payments, urging residents to transition to electronic and card-based payment methods. ...

463. Police seize truck with unmarked meat heading for occupied side

On July 25, 2024, Cypriot authorities seized a commercial truck attempting to transport over two tonnes of unmarked fresh meat to the occupied territories from an unauthorized crossing point, following a notification from the police....

464. Fruits and perishables made of gold

Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...

465. July Newsletter of K. Treppides & Co Ltd: European Securities and Markets Authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

466. FDA approves first blood test for colorectal cancer screening

The U.S. Food and Drug Administration has approved the first blood test for colorectal cancer screening for average-risk adults aged 45 and older, providing a new, less invasive option for early detection....

467. Southport knife attack injures 8, including children

A knife attack in Southport, a seaside town near Liverpool, left at least eight people injured on Monday, including children, local authorities reported....

468. Greek firms fuel business expansion across Cyprus

The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....

469. Intensive care units strained as heatstroke cases surge in Nicosia

Three people are currently being treated at the Nicosia General Hospital with heatstroke, Charalampos Charilaou, spokesperson of the State Health Services Organisation told CNA, adding that two of them are in the intensive care unit in a serious condition....

470. Unlock a whole new world with the new mobile App of Ayia Napa Marina!

471. Lidl Cyprus celebrated the opening of its 3rd store in Paphos and 21st store in Cyprus

In a major expansion of its retail network, Lidl Cyprus opened its newest store in the Neon Mall of Pafos on Wednesday 24 July, marking the 3rd Lidl store in a row in the Paphos district and the 21st in Cyprus. ...

472. Kyriacos Kokkinos appointed to European Institute of Innovation & Technology board

Kyriacos Kokkinos, Former Deputy Minister for Research, Innovation and Technology has been appointed by the European Commissioner for Innovation......

473. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

474. Cyprus signs €50 million contract for smart meters

A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....

475. Kyriakides secures EU health funding for Bosnia and Herzegovina

Commissioner for Health Stella Kyriakides signed on behalf of the European Commission an association agreement of Bosnia and Herzegovina with theEU4Health programme, according to a press release....

476. Multiple violations on Pervolia beaches

An official from the Office of the Environment Commissioner has uncovered several violations on the beaches of Pervolia, including unauthorized shacks operating as bars, use of electricity, absence of a lifeguard tower, and vehicle movement on the beaches....

477. Turn your land or roof into income and help combat climate change

As the world grapples with the intensifying effects of climate change, marked by record-breaking temperatures from June 2023 onwards, the call to shift towards sustainable practices has never been more urgent....

478. Online travel booking scams skyrocket

Scams involving online booking platforms have exploded over the past 18 months, with fraudsters increasingly targeting tourists, according to a report by Kathimerini.gr....

479. Cyprus economy soars as tech takes the lead while real estate trails

Cyprus' economy is showing impressive growth at the start of 2024, with the biggest gains coming from the tech and services sectors, Kathimerini's Anna Polyviou reports....

480. Market changes, Eurobank's move, and economic struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...