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31. Cyprus' illusion of prosperity as unemployment numbers mask realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

32. Cyprus has second largest decrease in firefighter jobs across EU

The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat. ...

33. ‘Unsinkable’ yacht took 16 minutes to sink, not 60 seconds, CEO claims

The CEO of the company that built the superyacht Bayesian has claimed that the crew had 16 minutes to warn passengers before the vessel sank during a violent storm near Palermo, Sicily. Giovanni Costantino......

34. Cyprus authorities probe house construction near river Kryos

Cypriot authorities are investigating a house construction project near the Kryos River in Pano Platres after concerns were raised about its proximity to the river....

35. School bags in Cyprus priced from €3.99 to €209.95

The Cyprus Consumer Association is advising parents and students to be vigilant when shopping for school supplies, as a recent survey reveals a significant variation in prices across the market....

36. Eurostat: 80.6% of Cyprus graduates found jobs in 2023, below EU average

A total of 80.6% of recent graduates in Cyprus were employed in 2023, while the European Union (EU) average stood at 83.5%, according to data published on Wednesday, by Eurostat....

37. New findings reveal life on Cyprus’ northwest coast 4,000 years ago

More information has been revealed about the Chalcolithic period and the Bronze Age on the island’s northwest coast during excavations at the Makounta-Voules Archaeological project in the Paphos district....

38. Russian volcano erupts after 7.0-Magnitude quake hits country's east coast

A volcano erupted following a 7.0-magnitude earthquake that struck off Russia’s eastern coast, sending a massive ash plume miles into the sky, according to state media....

39. Power link decision expected soon, Energy Minister confirms

Energy Minister George Papanastasiou announced that key decisions regarding the electricity interconnection......

40. Joint Sea Venture for cleaner seas by the Bank of Cyprus

Initial assessments showed no observable impact on the biodiversity of the Blue Lagoon area of the Akamas Peninsulaby tourism activities....

41. Politics Blog: Cyprus wins the gold medal for corruption

The column, in an unsuspecting moment and while all the relevant officials were reassuring you, was the first to write about the impending fiasco of the mammoth projects in Larnaca and warned that what would follow with the project in Vasilikos would be infinitely worse....

42. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

43. Fruits and perishables made of gold

Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...

44. Philippine tanker sinks, spilling 1,500 tons of fuel

A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers searched for a missing crew member, officials said....

45. Cyprus to decide on Great Sea Interconnector this August

Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...

46. Five Turkish warships stir tensions in Greek waters

In recent days, Turkey has deployed up to five warships near the maritime boundary between Kasos and Karapathos islands, just outside Greek territorial waters....

47. Cyprus economy soars as tech takes the lead while real estate trails

Cyprus' economy is showing impressive growth at the start of 2024, with the biggest gains coming from the tech and services sectors, Kathimerini's Anna Polyviou reports....

48. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

49. Donors withhold $90M in election funding unless Biden steps aside

Donors to a major super PAC backing President Joe Biden are withholding around $90 million in pledged funds, urging the president to step aside, sources told the New York Times. ...

50. Cyprus boomed in 2022 with more jobs and better services

Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....

51. Hidden threat: Trifluoroethanoic acid found in European drinking water

A recent study has uncovered a concerning issue in Europe's drinking water: the presence of trifluoroethanoic acid (TFA), a chemical that current tests don't detect. The study, conducted by PAN Europe, found TFA in tap water and bottled mineral water across several European countries....

52. Alphamega and Bean Bar ranked among the top 20 Investors in People employers worldwide

53. Cyprus trade sector sees 20.7% surge in 2022 turnover

Turnover in the broad trade sector increased in 2022 by 20.7%, according to the results of the Wholesale and Retail Trade Survey, published by the Statistical Service on Wednesday....

54. 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....

55. Democrats urge Biden to withdraw from 2024 elections

In the wake of Joe Biden's recent debate with Donald Trump, Democratic pressures mount for the American president to be forthright about his health condition. Questions swirl about the responsibilities of his closest aides....

56. Execution-style murder of civil engineer linked to Mykonos activities

Police are intensifying their investigation into the murder of 54-year-old civil engineer Panagiotis Stathis, who was fatally shot on Tuesday morning outside his company's offices in Psychiko, a northern suburb of Athens....

57. 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......

58. 2% of winter visitors to Cyprus stay in occupied areas

A new survey from Hermes Airports shows that 2% of tourists visiting Cyprus during the winter months (October 2023 - March 2024) stayed in the occupied areas. Additionally, 3% visited the occupied areas while staying in the free areas....

59. Rentals rise as home ownership trends change

Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....

60. Cyprus has a long way to go when it comes to EV's

Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....