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2131. 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....

2132. 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....

2133. 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....

2134. 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. ...

2135. 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. ...

2136. 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....

2137. Cyprus homebuyers favor apartments

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

2138. 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....

2139. 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....

2140. 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....

2141. 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....

2142. 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....

2143. The MyPetrolina App ''Drives'' You to Alphamega Hypermarkets!

2144. 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....

2145. 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....

2146. 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....

2147. 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....

2148. 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....

2149. 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....

2150. ''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. ...

2151. 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....

2152. Israeli airstrike on Gaza aid convoy kills 5 transport employees

The Israel Defense Forces (IDF) carried out an airstrike on a humanitarian aid convoy in Gaza, claiming it targeted "armed assailants" attempting to hijack the convoy....

2153. Winds and sea conditions to intensify along coastal areas

A seasonal low-pressure system is affecting the region, bringing unstable weather conditions expected to intensify from Sunday onward....

2154. Police under investigation after Bulgarian in Paphos killed and emergency calls ignored

Authorities are pursuing disciplinary action against four police officers following the brutal murder of 41-year-old Petya Krateva from Bulgaria, a resident of Paphos, allegedly by her former husband....

2155. Energy minister and finance minister clash over Cyprus' energy future

The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....

2156. Biden approved $230M temporary pier for Gaza aid

President Joe Biden ordered the construction of a temporary pier to deliver humanitarian aid to Gaza earlier this year......

2157. CERA decision delay stalls Cyprus-Crete electrical cable project

The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....

2158. How are political changes affecting Turkey’s military?

Given Turkey's status as a major national security threat to our country, assessing the combat readiness of the Turkish Armed Forces (TAF) is crucial....

2159. August sees deadliest week on Cyprus roads in 2024

Cyprus has seen a troubling increase in road fatalities so far this year compared to the same period last year....

2160. 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. ...