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241. Banking sector to cut 600 more employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....

242. Kathimerini poll: Christodoulides unaffected by electoral pressure

The countdown to the presidential elections has begun, and the Symmetron poll for Kathimerini reveals the critical issues that define the political environment. ...

243. Anastasiades, Erdogan size each other up in Prague

Cypriot President Nicos Anastasiades had a brief encounter with Turkish President Recep Tayyip Erdogan in Prague on Thursday, with conflicting reports emerging as to what exactly they talked about on the sidelines of the first European Political Community summit...

244. 'All for one and one for all', EP says yes to single chargers

The European Parliament today gave its final green light to the introduction in the EU of a universal charger for all small and medium-sized portable electronic devices - mobile phones, tablets and other consoles....

245. Almost 100K third-country nationals ordered to leave EU in Q2 of 2022

33,450 people were ordered to leave France in the second quarter of 2022, representing 35 percent of the total repatriation orders placed during this time, and consequently, the highest number of returns recorded....

246. Putin signs ‘accession treaties’ at Kremlin in defiance of international law

Vladimir Putin has signed “accession treaties” formalizing Russia’s illegal annexation of four occupied regions in Ukraine, marking the largest forcible takeover of territory in Europe since the second world war....

247. Permits granted for 7,000 highly skilled workers from 3rd countries

The policy of granting tax incentives to foreign technology companies is yielding results, Invest Cyprus Investment Promotion Agency Chairman Evgenios Evgeniou said, stressing that 7,000 work permits have been approved this year for highly skilled individuals who chose to work in Cyprus....

248. Kasoulides on Bloomberg: Cyprus concerned by Aegean Sea rhetoric (video)

Cyprus is wary of getting drawn into a potential conflict between Greece and Turkey as rhetoric between the countries intensifies, Cypriot Foreign Minister Ioannis Kasoulides said....

249. Building defense, innovation and a better future for our children

Candidates for the presidential elections that will take place in February 2023 continue their pre-election campaign with meetings, events and announcements on various issues....

250. Anastasiades scrutiny grows after Zakharova tease

Cypriot President Nicos Anastasiades’ cold shoulder to his Russian counterpart in New York is back in the news after Moscow’s spokeswoman poked fun at western leaders, claiming officials from big EU countries have been discretely requesting meetings while dissuading others in the bloc from sitting down for a chat...

251. Cypriot president criticized for snubbing Lavrov

A Nicosia professor says Cypriot President Nicos Anastasiades’ decision to snub Russian Foreign Minister Sergei Lavrov at the last minute was 'unwise' and a 'missed opportunity' after hearing the government spokesperson on state radio citing guidelines from Brussels...

252. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

253. Putin threatens: 'It's not a bluff'

Vladimir Putin has threatened to use weapons of mass destruction against the West, as he announced a partial military mobilization in an escalation of the war on Ukraine....

254. Ayia Napa Marina welcomes the SUPER CRUISE SHIP ''Rhapsody of the Seas''

Ayia Napa Marina has proudly welcomed its first SUPER CRUISE SHIP ''Rhapsody of the Seas'', following the first cruise ship to anchor at the marina on 29 May. ...

255. The Russian plan to annex occupied territories

It now holds about 60% of Donetsk and had captured nearly all of Luhansk by July after slow advances during months of intense fighting. But those gains are now under threat after Russian forces were driven from neighbouring Kharkiv province this month,...

256. FT: The Bank of Cyprus/Lone Star deal is not just about price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

257. Cyprus calls on Turkey-bound ship to rescue refugees

Cypriot authorities say weather conditions did not allow some 300 refugees stranded at sea to be transported to the island, with officials calling on another ship nearby that picked up everyone on board and took them to Turkey...

258. Greece is enticing northern EU retirees with its 'easier winters'

Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....

259. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

260. Cyprus continues special education debate

261. 150% increase in foreign direct investment - 600% increase in the technology sector

Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....

262. EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

263. Police told to gather more evidence in pool death probe

A police investigation into the fatal drowning of a young girl in a hotel pool in Paphos has been extended a third time, after state prosecutors asked law enforcement to go back and clarify a number of issues and technicalities...

264. Lukoil chief falls to his death from hospital window in Moscow

Ravil Maganov, the chairman of Russia's second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in Moscow, two sources familiar with the situation said, becoming the latest in a series of businessmen to meet with sudden unexplained deaths....

265. Never before seen archeological treasures resurfacing thanks to the drought

Europe is experiencing its worst drought in at least 500 years. Landscapes across Europe and beyond are being altered as forest fires, melting glaciers and other disasters threaten to wipe out entire regions....

266. Refugees transfer boats in high sea pushback off Cyprus

About a hundred presumptive refugees, whose boat was blocked from entering Cypriot waters on Monday night, were reportedly transferred to another vessel bound for Lebanon over their objections...

267. Sleepy Greek port becomes US arms hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....

268. Shots fired during car chase in Chloraka

Three young men are in police custody and another one is wanted by police following a car chase in Chloraka, where officers used their guns in an attempt to flag down a suspicious vehicle...

269. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

270. ECOMMBX receives the prestigious Ιnvest Cyprus International Investment Award

On 1 July 2022, at the 10th Ιnvest Cyprus International Investment Awards ceremony at the Parklane Spa & Resort in Limassol, under the auspices of the President of the Republic, Nicos Anastasiades. ...