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391. Compensation plans unveiled for Akamas communities

Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...

392. The free parking illusion

Imagine a city where parking is easy, convenient, and free....

393. Hellenic Bank reports impressive profit surge of €160.2 million

Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....

394. Sailing back to the future as WindWings propel shipping's green revolution

It seems a bit silly, but merchant shipping which long ago ditched its sails for internal combustion is now switching back, but not to any sail you’ve ever seen....

395. New bus Lane to ease Nicosia traffic starting September 4th

The Ministry of Transport, Communications and Works has announced the launch of a 1.8km bus lane on the A1 motorway, operational from September 4, 2023....

396. Cyprus and Lebanon forge a cultural connection

In a significant step towards enhancing cultural ties, Cyprus and Lebanon are joining hands for a two-day workshop centered around cultural heritage, diplomacy, and tourism. The event, scheduled for September 1st and 2nd, 2023, will take place in the picturesque Fikardou village....

397. Energy gamble or gain? Cyprus' big plans under scrutiny

The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...

398. Vegan Fam Festival 2023: Embrace life, sustainably

In an eagerly anticipated announcement, the Vegan Fam Festival, hailed as Cyprus' largest eco-festival, is set to make its triumphant return for the third consecutive year. ...

399. Sweden shines as Europe's top eco-friendly destination

Sweden is Europe’s most sustainable travel destination, the new Sustainable Travel Index for 2023 by Euromonitor International has shown....

400. Cyprus marks 49 years since Turkey's dramatic military expansion

Today commemorates the forty-ninth anniversary of the second phase of the Turkish invasion of Cyprus. In this phase, Turkish military forces, having initially invaded the island on July 20, 1974,...

401. Startups get boost from new PRE-SEED program

The Research and Innovation Foundation (RIF) has introduced the PRE-SEED program, welcoming entrepreneurs and early-stage startups with open arms. The program offers aspiring business owners the opportunity to secure equity-free funding,...

402. BOC reports €220 million profit for first half of 2023

Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....

403. USA: NYC grapples with migrant crisis as hundreds sleep outside Roosevelt Hotel

Hundreds of migrants have been sleeping outside of Manhattan's Roosevelt Hotel for a second day in a row - as NYC Mayor Eric Adams said the crisis is 'not over.'...

404. First woman chairperson for INTERMEPA

The International Marine Environment Protection Association INTERMEPA announced the election of Semiramis Paliou as its first woman Chairperson on Wednesday. ...

405.  Acropolis sets limits on visitors

Starting next month, the Greek government will implement new measures at the Acropolis of Athens, Greece's most famous archaeological site. ...

406. Eurobank Cyprus reports soaring profits amid rising interest rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

407. Southern Europe shines as affordable summer haven

In an analysis by Allianz Research, holidays in southern European countries retain their cost advantage over other "competitive" summer destinations worldwide, despite rising expenses. ...

408. Melco Announces Unaudited Second Quarter 2023 Earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

409. Turkey's stance legitimizes illegal invasion

Since the illegal Turkish invasion of the island in 1974 Turkey preserves its provocative and aggressive stance wanting to legitimize the unjust assault, Defense Minister Michalis Giorgallas has said....

410. Ηead & Hand: Akamantis by artist Kyriaki Costa

411. Government's solar power initiative for vulnerable homes

The government is currently working on the installation of free solar power systems for vulnerable individuals....

412. The day when time stood still in Cyprus

Exactly 49 years ago, on July 20, 1974, the once peaceful Mediterranean island of Cyprus experienced the violent invasion of the Turkish army, leaving behind death, destruction, and despair....

413. Petrides tweets expose EuroAsia Interconnector's risks

A series of points accompanied by questions were posted on Twitter by former Minister of Finance, Constantinos Petrides, commenting on the developments regarding the evaluation of the sustainability of the EuroAsia Interconnector project, the electric interconnection project between Cyprus, Greece, and Israel. ...

414. The 24-hour solution to plastic waste

Researchers at The University of Texas in Austin discovered an enzyme that eats plastic fast, and scientists think it could revolutionize how we deal with waste....

415. Philippos Soseilos: Significant investment opportunities in Cyprus

416. Cyprus counts down to Moon Day

As humanity prepares to return to the moon, with the first woman to step on its surface, in just a few years from now, we celebrate this magical celestial body on the 20th of July, a day that was declared by the UN as the International Moon Day. ...

417. Europe's first multi-themed resort opens in Limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

418. Ministry of Labor to improve minimum wage policies

Cyprus currently has an outdated software system for pension fund operations. The government aims to expedite the actuarial study for the Social Insurance Fund (TKA) with the support of the International Labor Organization and the government of Austria. ...

419. Diverse music styles unite at Windcraft Music Fest

The Windcraft Music Fest opens its doors for the ninth time on the weekend of July 22nd and 23rd in Katidatata Solia and invites music lovers and those seeking an interesting festival experience to join this celebration of wind instruments and more....

420. Climate change threatens tourism as tourism impacts climate change

Coastal erosion, rising sea levels, increased temperatures, sea disturbances, and storms, as well as the reduction of freshwater supply, are some of the consequences of climate change....