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511. 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,...

512. 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....

513. Energy in focus: Greece, Cyprus, and Israel hold trilateral meeting

Foreign Ministers of Cyprus Constantinos Kombos, Greece Nikos Dendias and Israel Eli Cohen, who met on Friday in Nicosia, pointed out the importance of the trilateral energy cooperation and its contribution to the stability in the region....

514. FinMin stresses importance of stable legislation for out-of-court auctions

The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....

515. Sustainability is the name of the game

The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...

516. 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....

517. Many Cypriots are climate-aware and ready to fight

According to the European Investment Bank's (EIB) annual Climate Survey, 83% of Cypriots under 30 consider the environmental impact of their future job to be a significant factor in their career choice, while 25% consider it a top priority....

518. High prices continue to plague the market

519. Free STEAM classes for Ukrainian women and girls in Cyprus

Free educational programs for girls and women from Ukraine who live in Cyprus are being offered by the non-profit initiative Girls in STEAM Academy. The program will be available to girls 14-17 and women 18+ years old, free of charge and will take place in the English language....

520. Cypriot choir captivates listeners at Westminster Abbey (video)

The Amalgamation Women's Choir from Cyprus captivated listeners with their beautiful voices at the official Commonwealth Day ceremony held at Westminster Abbey in London last Monday. ...

521. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

522. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

523. ECOMMBX welcomes former CySec Chairwoman to its Board

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, known for it forward-thinking and customer-centric corporate culture, is proud to welcome a new member to its board: Ms Demetra Kalogerou (BSc, MSc, MPhil)....

524. Is an EU-wide digital driver's license a good idea?

The European Commission has presented proposals that aim at updating driving license rules in an effort to improve the enforcement of traffic rules and also tackle the driver shortage issue....

525. Saudi Arabia puts $5 billion into Turkish central bank

Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck southeast Turkey and northern Syria....

526. Nikos Christodoulides sworn in as 8th president of the republic

Cyprus’ president-elect, Nikos Christodoulides, was sworn in on Tuesday at a special ceremony at the House of Representatives, in Nicosia, with Parliament President, Annita Demetriou, wishing him “strength and endurance” to respond to the great responsibility he is assuming....

527. Tsipras in Cyprus, congratulates Mavroyiannis on election campaign

The leader of SYRIZA-Progressive Alliance Alexis Tsipras, who is visiting Cyprus on Thursday, had a meeting with the candidate in the last elections for the Presidency of the Republic of Cyprus and diplomat Andreas Mavroyiannis....

528. EIB financed €250 million worth of green projects in Cyprus

The European Investment Bank (EIB) reported on Wednesday on its strong engagement in Cyprus for 2022, with new financing signed reaching a total of €250 million, all of which was invested in green projects....

529. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

530. Akamas Plan: What goes to the Cabinet tomorrow

Minister of Agriculture, Rural Development and Environment Costas Kadis met with the Ministers of Interior and Finance, against the backdrop of the Akamas Local Plan, which will be brought before the Council of Ministers on Wednesday (22/02)....

531. February Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

532. The challenges in the field of mobility

To persuade voters that they are the most qualified, each candidate has delivered their election platforms, taken part in debates, and traveled the nation....

533. An invisible, 3-D printed superyacht could be a reality by 2030

Superyachts, long considered flashy toys of the uberwealthy, are meant to be seen. But that’s not the case for a new concept vessel by Jozeph Forakis. ...

534. World Bank to assist in Akamas tourism development

The Minister of Agriculture and Rural Development, Costas Kadis and the Deputy Minister of Tourism, Savvas Perdios, met with representatives of the World Bank, on Thursday, in order to formulate a tourism strategy for Akamas....

535. EC: €5 million in scholarships for Turkish Cypriot community

The European Commission has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2023/24, with a budget of €5 million from the Aid Programme for the Turkish Cypriot community....

536. More tourists embarking on sustainable travel this year

A new report from the World Travel and Tourism Council (WTTC) and the Trip.com Group has revealed that 69 percent of travelers are actively seeking sustainable travel options for 2023....

537. Herodotou calls for increased vigilance to avert private debt defaults

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....

538. North buys car ferry in new trade-tourism bid

Turkish Cypriots have reportedly bought a Ro-Ro ship that will sail between the island’s northern coast and southern Turkey, as new avenues are being sought to boost tourism and transport...

539. Austria to help upgrade Cyprus' social insurance system

Α Memorandum of Understanding in the field of digital transformation between the Republic of Cyprus and the Republic of Austria was signed on Thursday at the Presidential Palace, by the Deputy Minister of Research,...

540. Electric charging points in Nicosia unveiled today

The promotion of electric vehicle charging infrastructure will create the green and sustainable cities and communities of tomorrow said the Minister of Transport, Communications and Works, Yiannis Karousos,...