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4081. 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....

4082. 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....

4083. 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,...

4084. 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....

4085. 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. ...

4086. Kyriakides and Becerra: EU and US establish joint health task force

4087. 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...

4088. 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...

4089. 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...

4090. 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....

4091. 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. ...

4092. 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. ...

4093. 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....

4094. 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....

4095. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

4096. Police pursue lead in human skull discovery

Cyprus Police say human remains found in a rural area outside Paphos may belong to an elderly woman who went missing last month after her skull unearthed by dogs was a DNA match...

4097. Gender bias fears linger over bishop guilty ruling

A lawmaker and women’s rights activist in Cyprus says a former bishop’s guilty verdict for sexually harassing a teenage girl four decades ago was a landmark court decision, while also dismissing concerns that gender bias played a role in the ruling...

4098. Cyprus to extradite Kurdish activist to Germany

The Republic of Cyprus will extradite Kenan Ayaz, a Kurdish activist arrested on terrorism charges, to Germany after the Supreme Court unanimously rejected his appeal on Tuesday, May 16. ...

4099. BOC Chief urges sanctioned entities to seek exemptions themselves

The CEO of the Bank of Cyprus, Panicos Nicolaou, expressed the view that individuals and entities subject to sanctions should seek exemption from international authorities in order for banks to allow payments from frozen accounts to business entities....

4100. US State Department highlights religious freedom issues in Cyprus

The US State Department's 2022 Report on International Religious Freedom for Cyprus sheds light on various issues concerning religious freedom on the island. ...

4101. Alarming rise in domestic violence in Cyprus

The Association for the Prevention and Handling of Violence in the Family (SPAVO) in Cyprus has released data revealing a concerning surge in domestic and partner violence incidents in 2022. ...

4102. Vanished whistleblower in Cyprus gets attention

The unknown whereabouts in Cyprus of an American-Israeli whistleblower wanted by US authorities has raised questions in Washington, where Oversight Committee Chairman James Comer says Biden whistleblowers want to come forward but they fear for their lives...

4103. Crime not ruled out after dogs unearth human skull

Cyprus Police are keeping a tight lid on a preliminary investigation into remains found just outside Paphos, with local media hinting at some information that could help identify the body...

4104. Rights violations raise concerns amid sanctions

The Pancyprian Bar Association has expressed growing concerns over the violation of fundamental rights of both individuals and legal entities affected by the recent restrictive measures and sanctions imposed on April 12, 2023....

4105. USA: AI chatbots may deepen loneliness crisis

The United States is grappling with a loneliness crisis that has been further exacerbated by the isolation brought on by the COVID-19 pandemic....

4106. Unions and employers sign new transitional agreement on CoLA

Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....

4107. British expertise on the table as Leo Docherty speaks to Kathimerini

In an interview with "K" newspaper, Leo Docherty, the British Minister for Europe, highlighted the British commitment to closer collaboration, emphasizing the range of areas where British expertise and cooperation can contribute to addressing issues such as combating illegal financing and exploring support structures for enforcement or addressing potential sanctions evasion. ...

4108. Alphamega revolutionizes shopping with 'Click & Collect'

Alphamega Hypermarkets has launched a new service that aims to improve its customers' shopping experience. The new Click & Collect service allows customers to collect their orders from the company's e-store for free, instead of using the home delivery service....

4109. Cypriot commissioner wants women out of sex work

Cyprus’ gender commissioner is on a mission to steer debate on ending prostitution, saying she wants to criminalize paid sex and offer 'a way out' for women in the unregulated industry of the world’s oldest profession...

4110. Turkey faces runoff election with Erdogan leading

Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday's election but fell short of an outright majority to extend his 20-year rule of the NATO-member country...