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3091. Meta slammed with record €1.2 billion fine over user data handling

Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States....

3092. Restoring a wounded reputation

Last March, a publication by the Financial Times revealed the move of three shareholders of PWC Cyprus to resign from the audit firm and establish the company Kiteserve. ...

3093. FBI agents set up shop in Cyprus

The Federal Bureau of Investigation is reportedly setting up shop in the Republic of Cyprus, with the move taking place as US-Cypriot cooperation has been expanding on multiple levels...

3094. Nicosia begs to differ with ENI boss on EastMed

The Cypriot government says it does not share views on EastMed gas made by ENI boss Claudio Descalzi, who told Italian lawmakers an eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other companies willing to take the risk...

3095. Italians come clean on EastMed gas

Turkey cannot be left out of the natural gas game in the eastern Mediterranean according to ENI’s newly re-elected CEO Claudio Descalzi, whose recent comments during a parliamentary hearing committee echoed latest developments but also gave credence to Rome’s previous doubts over Cypriot endeavors that bypass Ankara...

3096. US publishes new sanctions list with Cypriot entities, raises concerns

In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....

3097. Pigeon drug couriers: Paphos Mayor exposes startling phenomenon

Photographic evidence showcasing pigeons being exploited for drug transportation has been released by Phaidon Phaidonos. Expressing his dismay, the Mayor of Paphos took to Facebook, highlighting that those responsible are known, leading to the question of why no action has been taken....

3098. US Ambassador stresses urgency on Cyprus issue

The United States has been very clear in its support for a return to the negotiating table, in support of a Bizonal Bicommunal Federation with political equality, US ambassador to Cyprus, Julie Fisher said. ...

3099. US expected to release new sanctions list in coming hours

In a long-awaited move, the United States is anticipated to unveil a new sanctions list within the next few hours. ...

3100. Henry Kissinger warns of looming peril: U.S.-China tensions and the AI arms race

U.S.-China tensions have been called a repeat of Cold War-era dynamics. But a more apt comparison may be the years preceding World War I when much of Europe was sitting on a powder keg of hostilities and overlapping territorial claims that required only two bullets to ignite. ...

3101. Cyprus, Israel and the US join forces in civil protection

Cyprus is interested in further developing its capabilities in the field of civil protection, not only at a state level but also at an international and regional level, by deepening its multifaceted partnerships with states in our region - and beyond....

3102. President acknowledges hiring mistakes: Promises reforms for transparency

President Nicos Christodoulides has acknowledged errors in the hiring process of advisers within the Presidency and ministries. Addressing the issue of hiring a consultant at the Deputy Ministry of Culture during his statements in Larnaca,...

3103. Latest sanctions list revealed: No new Cypriot names so far

The UK announced a new sanctions list on Friday (19/05), which has been made public. However, as of now, there are no Cypriot names included in the list....

3104. State dough for families with three or more in tow

Thousands of families receiving state benefits for having three or more children in the Republic of Cyprus are to expect an additional one-time wire transfer just in time for summer...

3105. EU-MED 9 energy ministers unite to transform Mediterranean into green energy hub

Energy Ministers of the EU-MED 9 (Cyprus, France, Greece, Spain, Italy, Croatia, Malta, Portugal and Slovenia), decided on Thursday to collaborate to make the Mediterranean Region into a hub of green energy....

3106. New York City could be sinking

From the Financial District’s sky-high centers of economic power to the pricey pads that rise above Billionaires’ Row, the great volume of towering buildings is part of what gives New York City its identity. But according to new research cited by the New York Post, the weight of those same buildings that give the Big Apple its soaring sense of bravado could contribute to the city's sinking....

3107. CBC urges banks to embrace transformation for sustainablefuture

Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....

3108. EU grants 24M euros to upgrade Greece's Alexandroupolis Port

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday....

3109. UK and US specialists to provide consultancy on sanctions

A group of British experts from various departments of the UK state services will visit Cyprus, with a view to providing consultancy services for establishing a National Unit for Sanctions Control,...

3110. Deutsche Bank agrees to $75M settlement in Epstein abuse lawsuit

Deutsche Bank AG has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein and accused the German bank of facilitating his sex trafficking....

3111. Turkish MFA raises concerns over US destroyer's anchoring in Cyprus

The Turkish Ministry of Foreign Affairs has issued a statement urging the United States to reconsider its policies, following the anchoring of the American destroyer USS Arleigh Burke in Cyprus. ...

3112. Kyriakides and Becerra: EU and US establish joint health task force

3113. As Greek elections loom, parties vie for votes of ‘lost generation’

Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...

3114. Nicosia reminds Europe of unresolved Cyprus issue

President of the Republic Nikos Christodoulides has stressed the need for the member states of the Council of Europe to not forget that the Cyprus problem remains unresolved adding that the current status quo cannot be accepted...

3115. Cyprus praises visit by US guided-missile destroyer

Cyprus Defence Minister, Michalis Giorgallas, has said that the call which class guided-missile destroyer USS Arleigh Burke paid on Wednesday at Limassol port, is a proof of the strong position which Cyprus has in the region...

3116. Controversial appointments continue: Latest allegations spark public outcry

The reactions regarding the appointments of the Christodoulides government are intensifying day by day, forcing them to take measures in order to address any lingering concerns that may provoke public sentiment....

3117. Nationalism, the big winner in Turkish elections

He may have failed to get elected in the first round of the Turkish presidential elections, and that is obviously a blow to him, especially given his absolute control over the media, but Recep Tayyip Erdogan did not suffer the defeat that the West had hoped for. ...

3118. Doctor arrested for unauthorized medical procedures

A 62-year-old doctor was apprehended upon his arrival at Larnaca Airport under a court warrant for conducting medical procedures outside the GESY system. ...

3119. Cyprus banks' strict adherence to sanctions worries legitimate entities

Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....

3120. Improperly screwed bolts blamed for school bus incident in Larnaca

Light has been shed on the cause of the incident involving a moving bus carrying schoolchildren in Larnaca, revealing that two of its wheels had become loose due to improperly screwed-in bolts, according to Transport Minister Alexis Vafeadi....