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3481. Hellenic Bank rakes in €69.7 million in profits during Q1 of 2023

Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...

3482. International inspectors hired for 'Golden Passports' probe

According to a report on Philenews, the Independent Authority Against Corruption has recruited two "inspection officers" who will be compensated with approximately €1,150 per day for their crucial role in the ongoing investigation surrounding the controversial 'golden passports' issue....

3483. Exploring authentic Cypriot products with passion and tradition

The journey of "Gastronomo" to explore and promote authentic Cypriot products continues. In March, they organized six blind tastings* over three different days, where "G" tasters sampled 62 different product labels. ...

3484. Experts to take charge of high-profile corruption cases

The Anti-Corruption Authority has initiated investigations and assessments of the complaints it has received....

3485. Israeli deal fuels Cyprus arming Ukraine rumors

Cyprus has emerged in media reports as the 'unknown European country' that negotiated to buy Israeli Merkava tanks, fueling persistent rumors that dozens of the island’s Russian T-80 were set aside for Ukraine in a so-called swap deal...

3486. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

3487. 37 Syrian migrants arrived in the Famagusta area, traffickers arrested

37 migrants arrived in the free province of Famagusta, according to official reports. On the evening of Wednesday, June 21, an unidentified target was detected by the Republic's radar approximately 13 nautical miles southeast of Cape Greco....

3488. Excess renewable energy poses challenges for Cyprus

There is an excess production from renewable energy sources that could be extracted, stated the spokesperson of the Cyprus Transmission System Operator (TSO) to CNA....

3489. Cyprus takes center stage as it strengthens its defense planning

Last week, Ankara used the reference to the ''Republic of Cyprus'', the legitimate and internationally recognized state entity on the island of Cyprus, in the ongoing regional plans of NATO as a pretext to derail the process....

3490. Clear skies and gradually rising temperatures expected

Today's weather will feature predominantly clear skies with a gradual increase in cloud cover over the mountains during midday and beyond. Winds will initially be predominantly from the north to northeast direction, ...

3491. International investigators appointed to tackle reluctance in local corruption cases

The Independent Authority Against Corruption in Cyprus has expressed concerns about the reluctance of Cypriot applicants to investigate complaints involving local officials. ...

3492. Cyprus Airways Upgrades Fleet to A220, Unveiling Joint Conference with Airbus at Paris Air Show 2023

3493. Man critical after mystery incident in Limassol

A foreign man is in critical condition following a serious head injury on Monday in Limassol, with police asking for the public’s help as they investigate the incident that remains unclear...

3494. Illegal construction in Akamas linked to wealthy businessman with political ties

An investigation conducted by "K" magazine has shed light on eight instances of illegal construction in Akamas, with two cases already in court proceedings....

3495. Green energy policy progresses with approval for EV charging infrastructure

The Council of Ministers, in its session on June 21, 2023, approved the Amendment of the Regulations on Petroleum Stations from 1972 to 1999, to allow for the installation and use of electric vehicle charging points at petrol stations, as part of the government's policy for transitioning to green energy....

3496. Total loans increase by €71 million, reaching €24.4 billion

Non-performing loans decreased by €105 million end of March 2023, compared to the end of December 2022, reaching €2.2 billion, according to data published by the Central Bank of Cyprus on Tuesday. ...

3497. Cyprus banks to double net interest income in Q1 2023

Net Interest Income (NII) for the Cypriot banking sector nearly doubled in the first quarter of 2023, driven by the ECB’s rising interest rates in a bid to contain inflation....

3498. Government procures 32 electric vehicles to reduce emissions

The Ministry of Transport, Communications, and Works has announced that, for the purpose of promoting clean road transport vehicles and reducing greenhouse gas emissions and other pollutants in the atmosphere, it has received and delivered 32 electric vehicles to Departments and Services of the Public Sector to meet their needs....

3499. New Harry Potter TV series sparks discussion

Daniel Radcliffe has openly shared his thoughts on the upcoming TV series that will feature a different actor playing the iconic role of Harry Potter....

3500. Police combat apartment power theft in Paphos

The Paphos Police conducted a successful operation on Wednesday, resulting in the arrest of three individuals involved in electricity theft....

3501. Assessing Christodoulides' stance on the tourism sector

Judging from President Christodoulides' recent remarks on his 100-day governance report, it seems that the sectors of Shipping and Tourism are relatively low on his list of priorities....

3502. Understanding price levels in Cyprus and how they compare to the EU average

According to the latest data from Eurostat, the statistical service of the European Union, the price levels for household expenses in Cyprus were 91% of the EU average in 2022....

3503. Cyprus slips in global competitiveness rankings for third consecutive year

Cyprus has experienced a decline in its global competitiveness for the third consecutive year, dropping from the 40th position to the 45th out of 64 countries in the IMD World Competitiveness Center rankings....

3504. Festival of Dreams: a unique celebration dedicated to 75 years of excellence of Porsche iconic sportscars

3505. Limassol Greens: The most anticipated golf resort in Cyprus

Limassol Greens, the most anticipated golf resort in Cyprus, has hosted media, associates and stakeholders in a special event at its newly opened Property Sales Office opposite Four Seasons Hotel on Tuesday 13th June. ...

3506. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...

3507. Cyprus changes tack with plan for gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...

3508. Cyprus still vague on Ukraine swap deal

Cypriot President Nikos Christodoulides declined to say whether any of the island’s Soviet-made defense systems could end up in Ukraine, pointing to Turkey and budget concerns but also echoing a broader ambiguity as EU allies argue over the best defense strategy...

3509. Search intensifies for missing sub as Canadian military detects underwater noises

A Canadian military surveillance aircraft detected underwater noises as a massive search continued early Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic....

3510. Students identifying as animals, sparking controversy

Schools are allowing children to identify as cats, horses, and dinosaurs - and teachers are 'failing to question them', it was claimed today....