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121. EuroAsia interconnector loan denied by European Investment Bank

The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....

122. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

123. Cyprus hotels expect August rebound, 85%-90% occupancy forecasted

The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....

124. Eurobank Cyprus reports soaring profits amid rising interest rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

125. Spain eases residency rules for travelers

The Spanish authorities have announced that foreigners holding the country’s temporary residence permits will no longer be subject to strict rules as before....

126. Government's solar power initiative for vulnerable homes

The government is currently working on the installation of free solar power systems for vulnerable individuals....

127. Platres Mayor proposes university units in Troodos

Panagiotis Papadopoulos, the Mayor of Platres and President of the Troodos Network, recently spoke on SPOR FM's DIAPORA NEWS show to discuss the development of university units in Troodos, the region's economic and touristic enhancement, job opportunities, and this year's tourism trends....

128. Larnaca - Piraeus ferry ready to set sail in ten days

In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...

129. ZEUS Signature Collection: Introduction and Announcement

130. Cyprus surpasses 40,000 solar installations

The Electricity Authority of Cyprus has taken actions to reduce the waiting time for the inspection of photovoltaic systems after installation....

131. Proposed foreclosure reforms spark debate in Cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

132. Turkey's plans for the Cyprus problem

The major diplomatic backdrop leading up to today's NATO Summit was marked by the culmination of negotiations between the United States, Turkey, NATO, and Sweden in order to lift Ankara's months-long blockade on the latter's accession to the Alliance....

133. High stakes for Cyprus at Vilnius and New York

All eyes are turned towards Vilnius, Lithuania, and the NATO Summit, as the negotiation deadlock between Turkey and the West, with Sweden's accession to the Alliance in the background, largely determines Erdogan's grid of relations with NATO and the EU in the coming months. ...

134. Ministry of Culture to launch 'Kypria' pilot for art festivals

We have fully entered the summer, and the eagerly awaited cultural events have either begun or will soon begin. ...

135. Migrant reception center in Kofinou inaugurated today

The inauguration of the first phase of construction works at the International Protection Applicant Reception Center in Kofinou, upgraded with the support of the European Asylum Agency (EUAA), took place today, conducted by the Minister of Interior, Konstantinos Ioannou, along with Nina Gregory, the Executive Director of EUAA, and Beate Gminder, Deputy Director-General in the Directorate-General for Internal Affairs of the EU....

136. Asylum seeker returns to exceed 4,300

Returns of asylum seekers so far in 2023 have exceeded 4,370 and are significantly higher compared to last year when they were 2,353, the Minister of Internal Affairs Constantinos Ioannou has said....

137. €2,500 allocated for bus stop development amid outrage

Pictures that have come to light in recent days have stirred up a wave of anger. One shows an elderly woman waiting for the bus at a shelterless stop in the July heat, leaning on a lamppost and holding her cane and shopping bags in her hands....

138. Ercan breaks in new runway with emergency landing

A Turkish passenger plane made an emergency landing in divided Cyprus on Wednesday early morning following reported engine trouble...

139. Enhancing higher education in Cyprus

Our goal is for Cyprus to become an upgraded and quality educational and research center, President Nikos Christodoulides said on Monday, addressing the graduation ceremony of the School of Business Administration of the University of Nicosia....

140. Urgent call to liberalize electricity market

Mr. Neophytou attended the Annual General Assembly of the Electricity Market Association (EMA) on Thursday, June 29th, and delivered a greeting. ...

141. EU Commissioner advocates equal cancer treatment across member states

''Our aim, through the European Cancer Plan, is to ensure equal treatment for all member states in tackling the disease,'' stated Stella Kyriakides, the EU Health and Food Safety Commissioner, on Thursday. ...

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

143. President Christodoulides unveils government's 100-Day report card

During a press conference held today, President Christodoulides provided insights into the state of the government after his first 100 days in office and responded to various questions from journalists....

144. Maritime security partnerships for Cyprus

The Republic of Cyprus and the United States have achieved a mutually beneficial deepening of defense cooperation during their second meeting of the bilateral Security and Defense Dialogue....

145. Overcoming obstacles in Cyprus' green transition

Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....

146. California: Electricity bills based on your paycheck

Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....

147. Nicosia's camera system gets an upgrade

As of June 6, 2023, the traffic camera system in Nicosia will undergo an expansion with the installation of new cameras at two controlled intersections. The move aims to improve surveillance and regulation of traffic in the area....

148. Another senator on board with F35 deal for Greeks

US Senator Jim Risch, the top Republican on the Senate Committee on Foreign Relations, has approved the sale of Lockheed Martin Corp’s F-35 fighter jets to Greece, adding the last signature needed before the deal can go through, Hellas Journal reported on Thursday...

149. Cabinet approves tax deductions for businesses and extends tax payment deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

150. Porsche Cyprus celebrates the Grand Opening of the new corporate architecture concept ''Destination Porsche'', in Limassol

It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...