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1201. Anastasiades and Erdogan exchanged views on the Cyprus issue

The President of the Republic Mr. Nicos Anastasiadis participated in the Euro-Atlantic working dinner hosted in Madrid on Wednesday night by the Prime Minister of Spain Mr. Pedro Sanchez....

1202. A Cyprus settlement will have beneficial results for the broader region

President Nicos Anastasiades will deliver a speech before EU and NATO leaders on Wednesday evening in Madrid underscoring the need for a Cyprus settlement in order to bring stability and security to the broader region, according to Government spokesperson Marios Pelekanos....

1203. Nicosia jittery about US demand to ban vessels

The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...

1204. Cyprus plays supporting role in LNG arena

After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....

1205. Ukraine takes first steps to EU membership

The European Commission has backed Ukraine and Moldova to become candidates for EU membership....

1206. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

1207. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

1208. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

1209. Turkey's lack of progress will delay accession talks with the EU

The European Parliament cannot envisage a resumption of negotiations for the accession of Turkey into the EU without clear and significant progress in the field of rule of law and fundamental rights, ...

1210. 'Turkey continues to distort reality to create regional tension'

The Cypriot Ministry of Foreign Affairs said on Monday Turkey is escalating rhetoric and distorting reality with a view to creating tensions in the region....

1211. Fotiou: 'Turkey's dmand for a two-state solution impossible'

"Achieving a solution that will permanently rid Cyprus of Turkish occupation and reunite Cyprus is what we should all work for," said Presidential Commissioner Fotis Fotiou,...

1212. Cyprus' unemployment rate down from 8.4% to 5.4% compared to last year

The seasonally-adjusted unemployment rate in Cyprus reached 5.4% in April 2022, decreasing from 5.8% last month and from 8.4% in April 2021, according to figures published by Eurostat, the statistical office of the European Union....

1213. Cablenet and Plume fast tracking the intelligent home evolution in Cyprus

Cablenet, a leading Telecommunications provider in Cyprus, today announced the start of a new era in intelligent home services. ...

1214. Industrial prices soar by 19.5% in Cyprus

Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....

1215. Menendez: 'There will be consequences for Turkey's violations'

The Turkish occupation of Cyprus and Ankara's policy, which remain a threat to stability and prosperity in the region, was raised by Senator Robert Menendez during the Annual Economist New York Mediterranean Business Summit on Tuesday....

1216. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

1217. CBC: Cryptocurrencies are a potential risk to the economy

Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....

1218. Masks no longer required in indoor spaces as of June 1st

Masks will no longer be required in indoor spaces as of June 1st, according to an announcement today from the Ministry of Health....

1219. Greece rejects Turkish claims in the Aegean

The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....

1220. Slight rise in economic sentiment in May

Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of the University of Cyprus....

1221. Anastasiades on Labor Minister: 'Hers is a difficult case'

Cyprus President Nicos Anastasiades visited Labor Minister Zeta Emilianidou in Athens on Wednesday. ...

1222. Op-ed: Grateful = Healthful

If you really think about it, so many of us should be in a perpetual state of gratitude....

1223. The next three days are crucial for Emilianidou

1224. EC projects economic slowdown and rising inflation in Cyprus

The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....

1225. Corporal dies after jeep lands on top of her

A young female corporal was killed in an accident on Thursday morning after an army jeep at a military base in Kornos overturned and landed on her...

1226. Moscow warns of retaliation if Helsinki joins

Finland said on Thursday it would apply to join NATO 'without delay', with Sweden expected to follow, as Russia's invasion of Ukraine looked set to bring about the very expansion of the Western military alliance that Vladimir Putin aimed to prevent...

1227. Cyprus will request EC permission to implement mortage-to-rent scheme

Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....

1228. Man with schizophrenia convicted of premeditated murders

A man with schizophrenia has been convicted on premeditated murder charges for killing his wife and son in rural Nicosia last year, with the bench dismissing his insanity defense after finding there was no provocation...

1229. Greece sets price ceiling on electricity

The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....

1230. Plastic waste could be a thing of the past thanks to a new enzyme

Plastic waste dumped in landfills could be cleared sooner than expected after engineers developed an enzyme that can break it down in just a few hours....