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1021. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

1022. What is the future for banks?

Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....

1023. 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....

1024. Nicosia Cybersecurity Conference Live: Empowering Education and Prevention

On Thursday 6th April 2023 at 11.00 a.m., a workshop entitled "Cybersecurity Systems and Development of Modern IT Applications" will take place at the Hilton Hotel in Nicosia....

1025. Delays unclear over Cypriot-fueled Lukoil deal

An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...

1026. Inside the high-stakes prosecution of a former president

Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...

1027. Minor hospitalized in adult psychiatric ward due to bed shortage

The PASYDY Mental Health Nursing Staff Branch has expressed their deep concern about the hospitalization of a minor at the Athalassa Hospital, due to a lack of beds in the Children and Adolescent Inpatient Department, which could lead to overcrowding of all mental health structures....

1028. City employee arrested in driver permit middleman scandal

More suspects including a civil servant have been arrested in the document fraud scandal where foreign food delivery drivers allegedly paid hundreds of euros to a middleman in order to secure a driver’s permit...

1029. Illegal contracts awarded by former Finance Minister, says Audit office

The Audit Office has confirmed that two contracts, awarded by the former Finance Minister without an open tender, were illegal. The Attorney General's opinion that the direct award was legal was also called into question....

1030. Passports of Russian officials confiscated to prevent overseas escape

A Soviet-style practice is being resorted to by Russia's security services, confiscating the passports of senior officials and executives of state-owned companies to prevent travel abroad, as "paranoia about leaks and defections spreads in Vladimir Putin's regime," reports the Financial Times....

1031. Announcement Appointment of Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 April 2023. ...

1032. 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....

1033. Energy in focus: Greece, Cyprus, and Israel hold trilateral meeting

Foreign Ministers of Cyprus Constantinos Kombos, Greece Nikos Dendias and Israel Eli Cohen, who met on Friday in Nicosia, pointed out the importance of the trilateral energy cooperation and its contribution to the stability in the region....

1034. Completion of Project Starlight

1035. Newly appointed presidential advisors to work pro bono

President Nikos Christodoulidis has appointed two new special advisors to his team to help with economic affairs and crisis management, respectively....

1036. U.S. reporter arrested and accused of spying in Russia

Russia on Thursday charged an American correspondent for the Wall Street Journal with spying, in a case certain to escalate Moscow's diplomatic feud with Washington over the war in Ukraine and likely to further isolate Russia....

1037. Agency owner arrested as new visa scandal unfolds

Cyprus Police have arrested an agency owner in Limassol in connection with an investigation into document fraud, after it emerged that foreign delivery drivers had sought to obtain or renew permits through his office...

1038. Ministry of Labor building may not be structurally sound

The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...

1039. New migration scandal looms after network uncovered

A new scandal involving services for asylum seekers may have been inadvertently uncovered in Limassol, where arrest warrants have been issued amid strict rules for renewing driver permits and a black market designed to overcome restrictions...

1040. Lawmakers discuss special energy plans for refugees and large families

Lawmakers in Cyprus are urging relevant agencies to create two special plans for the installation of photovoltaics, energy-saving, and subsidizing electric mobility for refugees and large families....

1041. 1450 Contact Centre: A new era of citizen services

The 1450 Communication Centre will be operational on Thursday, March 30, 2023, as part of the State's larger effort to modernize and improve the quality of service that the State provides to its citizens....

1042. Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

1043. 'Mansion tax' introduced to help homeless Californians

Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....

1044. 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....

1045. Real estate investment opportunities by AstroBank

Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...

1046. Americans traveling to Europe for cheaper Beyonce tickets

American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....

1047. How communication affects safety

A workshop on communication and its impact on safety issues such as road collisions and industrial accidents was organized by the CERIDES Research Centre of the European University Cyprus in cooperation with the Cyprus Police....

1048. Ministers band together to improve Cyprus ports

Ministers responsible for Transport, Shipping and Tourism visited on Thursday the new DP World Limassol passenger terminal to express their determination to work together to resolve any problems and improve services....

1049. Protests continue as Macron stands firm on pension reform

French workers angry with President Emmanuel Macron and his plan to raise the pension age blocked access to a terminal at Paris' main airport on Thursday as part of a nationwide day of protests, forcing some travelers to get there on foot....

1050. Many Cypriots are climate-aware and ready to fight

According to the European Investment Bank's (EIB) annual Climate Survey, 83% of Cypriots under 30 consider the environmental impact of their future job to be a significant factor in their career choice, while 25% consider it a top priority....