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1771. Cypriot bank officials to present AML progress in U.S.

Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...

1772. Why aren't Cyprus schools using digital books?

In recent days, there has been much discussion, particularly on social media, regarding our country's position on philagognosia (love of reading)....

1773. First Lady’s ''Let’s Go Troodos!'' Festival draws crowds despite rain

The ''Let’s Go Troodos!'' Festival, organized by First Lady Philippa Karsera Christodoulides, attracted large crowds on Saturday at the Presidential Residence in Troodos, marking the first time the venue opened to the public....

1774. Cyprus-Greece electricity project meeting set for Tuesday

A meeting scheduled for next Tuesday on the Cyprus-Greece electricity interconnection project is considered crucial by all parties involved, government spokesman Konstantinos Letymbiotis said Friday....

1775. Cyprus to remove 130 speed bumps in road reassessment

Authorities decided to remove 130 speed-reducing installations, such as bumps and elevated platforms, Senior Executive Engineer at the Department of Public Works (DPW), Charalambos Kais, told the Cyprus News Agency (CNA)....

1776. Famagusta, Turkey and those holy monks of Avvakoum

In Turkey, there’s still a lot of anger over Netflix's decision to include the series ''Famagusta'' in its programming. After the entire Turkish government—along with the pseudo-government in the occupied territories...

1777. ''I read it on the internet''

The other day, a colleague at work shared his thoughts with me about the so-called ''woke agenda.'' He argued that it actually serves ''the economic interests of powerful multinationals.''...

1778. Paphos set to sparkle with ''La Traviata'' at the Aphrodite Festival

Get ready for a weekend of dazzling culture and captivating music as Paphos prepares to host one of its most anticipated events of the year! The medieval charm of Kato Paphos Castle...

1779. Nicosia’s high-stakes meeting on Cyprus-Greece power link

Nicosia is preparing for a crucial meeting next week to address the ongoing issues surrounding the electrical interconnection of Cyprus with the European electricity networks through Greece. ...

1780. BoC Fintech Hackathon 5.0...where the fintech-nation begins

The Bank of Cyprus is organizing the 5th BoC Fintech Hackathon 5.0, focused on innovative technologies in the financial sector (Fintech), on October 18-20, 2024. It will be held in person at the IDEA Innovation Center....

1781. Inflation slows as August sees small price increases

Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July. The Consumer Price Index (CPI), which measures the cost of living, went up slightly from 117.73 to 118.10....

1782. The price of 'green': How the poor subsidize the rich’s environmental perks

''Fortunately, crumbs are falling from the tables of the rich, so we don't starve to death,'' lamented a long-suffering, honest, and somewhat ''naive'' man....

1783. Electricity link faces delays as Cabinet postpones decision

At an extraordinary meeting tomorrow, the Cabinet will discuss the Cyprus-Crete electricity interconnection project and the agreement in principle reached between Athens and Nicosia last Monday. ...

1784. The Cyprus problem: Confronting the end of an era

I've said many times that the Cyprus problem effectively ended in 2017. Now, we're in a new phase that hasn't yet made clear if we're dealing with the ''ghost'' of a dead issue or the birth of a new reality. ...

1785. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

1786. Cyprus homebuyers favor apartments

Homebuyers in Cyprus are showing a growing interest in buying apartments, according to a new report. ...

1787. Christodoulides backs Eurobank's big move into India

President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....

1788. AEGEAN announces a €25M Investment in Volotea

Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....

1789. Two aftershocks follow 4.9-magnitude earthquake off Cyprus coast

Two aftershocks have been recorded following a 4.9-magnitude earthquake off the coast of Cyprus that occurred last night, according to Christodoulos Hadjigeorgiou, Director of the Geological Survey Department....

1790. Euro-Turkey relations, the Cyprus problem, and an intangible connection

On Thursday morning, High Representative Josep Borrell nearly overlooked mentioning the lunch discussion with Turkish Foreign Minister Hakan Fidan about Euro-Turkish relations at the informal EU foreign ministers' meeting....

1791. Marios Demetriades: ''Truth and justice always prevail''

A lawsuit related to naturalizations under the Cyprus Investment Programme was filed on Friday at the Nicosia District Court, with former Minister of Transport, Communications, and Works, Marios Demetriades, among the defendants....

1792. The MyPetrolina App ''Drives'' You to Alphamega Hypermarkets!

1793. Cyprus powers up for a last-minute save

Nicosia has requested more time at the political level to keep the Cyprus-Crete electricity interconnection project on track, following a dispute over €100 million in project cost recovery....

1794. Cyprus' Olympion joins leading K12 education group Globeducate

Globeducate announces the acquisition of Education Group OLYMPION School (Εκπαιδευτικός Όμιλος ΟΛΥΜΠΙΟΝ) near Nicosia in Cyprus, a group of Greek private schools with nearly 450 pupils aged 6 to 18 across Gymnasium, Lyceum and, from September 2024, Elementary stages....

1795. 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....

1796. The fate of the Greece-Cyprus energy link hangs in the balance

This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....

1797. University of Cyprus to host 27th Cultural Festival

The Cultural Center "Michalis Pieris" is reopening its doors to the university community, art enthusiasts, and distinguished artists for the 27th Annual Cultural Festival of the University of Cyprus....

1798. Government revenue boosts Cyprus surplus to €702.5 million

The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....

1799. ''Workers at Larnaca Marina were paid despite lack of work,'' says Vafeades

The €1.2 billion investment agreement with Kition for the Larnaca port and marina project is under renewed scrutiny due to the dispute involving 15 workers recently laid off. ...

1800. Starlink's finances frozen in Brazil after legal conflict with Elon Musk's X

Brazil's top judge has ordered a freeze on the finances of Elon Musk's satellite internet service, Starlink, preventing the company from conducting financial transactions in the country....