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1801. Macron's gamble averts far-right but leaves France in political instability

In a surprising turn of events following French President Emmanuel Macron's call for snap elections, France's left-wing alliance has emerged victorious, securing 182 seats and pushing the far-right into third place....

1802. Cyprus banks receive upgrades, signal economic resilience

In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....

1803. Wolt welcomes historic collective agreement for delivery drivers

Wolt has welcomed the first-ever collective agreement in the fleet management sector, marking a major step forward for the industry. This agreement, reached through the joint efforts of the Ministry of Labour, fleet management companies, and unions, is set to benefit delivery drivers, businesses, and consumers....

1804. Stella Kyriakides steps down, backs von der Leyen reelection

Stella Kyriakides, the European Commissioner for Health and Food Safety, announced her decision to conclude her current mandate and return to Cyprus....

1805. Bronze age relics unearthed at Erimi-Pitharka, Limassol

The Erimi-Pitharka archaeological site, in Limassol district, dates to the Late Bronze Age, in accordance with previous findings, a press release issued by the Department of Antiquities of the Deputy Ministry of Culture says....

1806. Cyprus President meets business leaders on HR, energy, and tax

1807. Disney heir withholds donations, backs Harris over Biden

In the aftermath of the first debate of the 2024 presidential campaign, Democratic circles are grappling with heightened concerns following calls for President Joe Biden to withdraw from the race....

1808. Luxury retailers Saks and Neiman Marcus merge in big deal

A new luxury retail giant is emerging in the United States as the parent company of Saks Fifth Avenue acquires Neiman Marcus for $2.65 billion....

1809. Cyprus requests €89.2M in EU grants for recovery plan

The European Commission received a payment request on Thursday from Cyprus for €89.2 million in grants, netting €76.9 million after pre-financing....

1810. Green Line: Trade and crossings surge, irregular migration declines

Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....

1811. Cyprus-linked firms and individuals added to new sanctions list

The United States announced new sanctions on Wednesday, targeting individuals and companies linked to Cyprus as part of its ongoing efforts to counter Russian aggression. ...

1812. Cyprus joins European effort to combat desertification in rural areas

Cyprus participates in a new project aimed at combating desertification in rural areas of Southern Europe and Northern Africa, the Cyprus Institute said in an announcement on Thursday....

1813. Temu, Shein & Ali Express: EU cracks down on Chinese imports

The European Union is taking steps to clamp down on the surge of low-quality Chinese imports flooding its markets. According to sources speaking to the Financial Times, the EU plans to impose tariffs on cheap products from platforms like Temu, Shein, and AliExpress....

1814. Politico: Is Brexit's peak over? UK faces calls to rejoin EU

British voters are gearing up for their first post-EU general election this Thursday, marking a significant milestone since Brexit....

1815. UN report flags rising tensions in Cyprus buffer zone

A new UN report by Secretary-General Antonio Guterres raises serious concerns about rising tensions in Cyprus, where actions by Greek Cypriot and Turkish Cypriot forces are undermining the authority of the United Nations Peacekeeping Force in Cyprus (UNFICYP)....

1816. Biden gains support from democratic governors

In a show of unity and support, several Democratic governors expressed their backing for President Joe Biden following a meeting with him. They highlighted their commitment to his leadership and discussed the significance of his administration's accomplishments....

1817. Younger tourists are choosing Cyprus in the winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....

1818. Councillor pushes for better support of foster children

In a heartfelt discussion on SPOR FM's "Diaspora News," Fotini Tsiridou, a Limassol Councillor for the DISY, addressed the pressing issue of support for foster children as they transition into adulthood....

1819. Nicosia's 7th Epic Street Fest delights thousands

On the afternoon of Tuesday, July 2, about 2000 people gathered in the heart of the capital city, reveling under the summer sky with music from some of the island’s top DJs, courtesy of Deejay Radio, at the 7th Epic Street Fest Nicosia....

1820. Cabinet expands subsidies for infertility treatment

The Cyprus Cabinet has greenlit an amended plan that significantly enhances subsidies for infertility treatment, Health Minister Michael Damianos announced Tuesday....

1821. Tatar and Stewart confer on security issues in Cyprus buffer zone

The UN Secretary-General's Special Representative to Cyprus, Colin Stewart, expressed concern about the militarization of the buffer zone......

1822. Cyprus secures halloumi PDO status with 5-year plan

Cyprus has been granted a 5-year transition period by the European Commission to comply with the requirements for the production of halloumi......

1823. ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

1824. How France's nationalist shift could shape Cyprus' future

In France, the prospect of nationalists potentially clinching a decisive majority in the upcoming parliamentary elections has stirred apprehension in Brussels and Berlin....

1825. Fitch elevates Hellenic Bank’s credit rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...

1826. Cyprus and U.S. celebrate strengthened ties at U.S. Independence Day event

The 248th anniversary of U.S. Independence was marked with a grand celebration hosted by the U.S. Embassy in Nicosia on Tuesday evening....

1827. EU funds drive Cyprus organic plant production with €5.2M

The Cyprus Agricultural Payments Organization (CAPO) has disbursed over 5 million euros to beneficiaries under Action A.A. 1.4 - Organic Plant Production of Cyprus' Strategic CAP Plan for the 2023-2027 programming period....

1828. Great Sea Interconnector study outlines benefits July 11

The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......

1829. Reunification talks face challenges, UN envoy finds parties far apart

The ongoing efforts to reunify Cyprus have hit another roadblock, as the Personal Envoy of the Secretary-General, former Colombian Foreign Minister Ms. Holguin, finds significant gaps between the negotiating parties. ...

1830. Hearing continues in Auditor General suspension case

The Supreme Judicial Council continues to hear Attorney General George Savvidis' request to suspend Auditor General Odysseus Michaelides on grounds of misconduct. ...