Search

1381. Cypriots buy more food than needed

A recent report has found that Cypriots have a tendency to purchase more food than they actually need, leading to unnecessary waste and higher expenses...

1382. 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....

1383. PwC Cyprus Easter charity bazaar marked as an absolute success

The participation of PwC Cyprus people in the organization's annual charity Easter Bazaar, which took place at the headquarters in Nicosia on Thursday, April 6, 2023, was unprecedented. PwC people participated with their creations, handicrafts, and various delicacies, which were made available to their colleagues, to collect money and allocate it for charitable purposes. Noteworthy, the proceeds from the sales will be allocated to various charities chosen by the employees themselves....

1384. French furious over retirement age increase of 2 years

Hundreds of thousands of people are expected to fill the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron....

1385. Investors flock to 'green' bonds as a secure investment

1386. 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. ...

1387. Cyprus raised 1 billion with a 10-year sustainability bond

Cyprus has raised €1 billion through its first-ever 10-year sustainable bond, which saw demand exceed supply by 12.5 times. The bond yielded 4.20% and will finance a range of "green" and social projects,...

1388. Cypriot professor Phoebe Koundouri honored for contribution to Science

On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....

1389. Ex minister worries Nicosia dropped IMO ball out of spite

A Cypriot former minister is calling on the new government to offer an explanation as to why the Republic of Cyprus failed to seek a nomination currently being sought by foe Turkey at a UN agency responsible for regulating shipping, hinting at revenge politics and calling on his party to seek answers...

1390. Bullying in Cyprus - From awareness to action

As a researcher and Ph.D. candidate studying the crime of bullying against minors from a criminal and criminological perspective in Cyprus, I am deeply concerned about the increase in bullying in our country. ...

1391. Minister of Labor to submit CoLA mediation proposal

Minister of Labour and Social Insurance Yiannis Panayiotou said on Friday he would submit a mediation proposal to the social partners (trade unions and employers) to reach an agreement on the issue of the Cost of Living Allowance (CoLA)....

1392. Finland PM ousted, conservatives win tight vote

Finland’s main conservative party claimed victory in parliamentary elections Sunday in a tight three-way race that saw right-wing populists take second place, leaving Prime Minister Sanna Marin’s Social Democratic Party in third, dashing her hopes for reelection...

1393. Cyprus' hourly labor costs below EU average at 19.4 euros

The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...

1394. President briefs political leaders on Cyprus and other issues

The President of the Republic, Nikos Christodoulides, chaired the first session of the National Council at the Presidential Palace on Thursday morning (30/03). ...

1395. Herodotou: 'European banking system in good health'

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

1396. Greek Cypriot protesters slam Tatar in London

A group of Greek Cypriot protesters in the United Kingdom attempted to block on Wednesday the vehicle of Turkish Cypriot leader Ersin Tatar, who traveled to London to speak at an event...

1397. 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. ...

1398. More Cypriots concerned over country's course, says Eurobarometer

The latest Eurobarometer survey covering the winter period of 2022-2023 has revealed that Cypriots are not satisfied with their country's democratic system, with 52% expressing dissatisfaction as opposed to the EU average of 41%....

1399. Yousaf's victory in Scotland underscores the changing face of UK politics

When Humza Yousaf took his oath of allegiance in the Scottish parliament in 2016, he wore a gold embroidered sherwani – a traditional South Asian jacket – and a kilt....

1400. 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....

1401. Online jester’s tweet re-opens road fatality case in Cyprus

Police are re-opening a case of an unresolved and forgotten road fatality that took place more than a decade ago, after a tweet from a known political parody account went viral for suggesting there was a cover up...

1402. Keravnos urges banks to restructure loans and keep rates low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

1403. Tax evaders beware of what you post on social media

According to a report in the Sunday edition of realnews.gr, the Greek Government plans to identify hidden income earned by individuals and companies that conduct business online. ...

1404. Hellish hooligan mayhem prompts new debate

A new hellish mayhem took place at a basketball game on Sunday in Nicosia, with hooligans turning the arena into a battlefield and police rejecting criticism and pointing the finger at a serious social problem...

1405. Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

1406. US report on Cyprus notes rise of antisemitism

A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...

1407. Ex-US president Trump expects to be arrested on Tuesday

Donald Trump says he expects to be arrested on Tuesday and has urged his supporters to launch mass protests....

1408. Macron under pressure as pension protests turn violent

French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....

1409. Exciting new park set to enhance quality of life in Larnaca (photos)

Larnaca, one of the most charming cities in Cyprus, is set to undergo a major transformation in the coming years. Ten ambitious projects with a total value of €40 million are planned for the city center,...

1410. MEP's pass bill banning home sales or rentals without energy upgrade

All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....