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1. Cyprus GDP and living standards improve, but challenges remain

Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....

2. Extreme winds push California fires out of control

Fierce winds lashed California on Wednesday, feeding fast-moving wildfires that destroyed dozens of homes and forced thousands to evacuate....

3. Rising costs of utilities and dining out are hitting home

The Harmonised Index of Consumer Prices (HICP) in Cyprus remained steady at 3% in June, according to data released on Wednesday by the Cyprus Statistical Service (CyStat). ...

4. Ypsonas Municipality under fire after residents pay for pipe repairs

Residents of Ypsonas are grappling with severe disruptions after a major water pipe break left many homes without water for days....

5. Why marriage shouldn't be the answer to €2B loans

In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...

6. After Berengaria comes the development of the highlands

In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....

7. Actors celebrate as grants soar to 40,000 euros

In a significant development, the funding limit for theatrical actors has doubled to 40,000 euros from the previous 20,000, as reported by "K" on Wednesday, January 17....

8. Abraham’s Tinderbox

I’ll begin by clearly condemning Hamas and its terrorist thugs and express grief at the horrors inflicted on innocent Israeli civilians on 7 October....

9. Residential and agricultural land for sale by AstroBank

AstroBank is selling residential and agricultural land in various areas of Cyprus in the districts of Famagusta, Larnaca, Paphos, and Nicosia....

10. CBC Governor Herodotou reveals breakthrough in digital finance

The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....

11. Downed power line suspected in fatal Maui wildfires

Awakened by howling winds that tore through his Maui neighborhood, Shane Treu went out at dawn and saw a wooden power pole suddenly snap with a flash, its sparking, popping line falling to the dry grass below and quickly igniting a row of flames. ...

12. Exceptional Real Estate Investment Opportunities by AstroBank

13. 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....

14. Sinkhole nearly swallows pickup truck in Paphos

A large sinkhole swallowed a pickup truck in a rural area of Paphos on Tuesday, with reports pointing to water erosion caused by a pipeline months after a historic overflow at the country’s fourth largest dam...

15. California to cover canals with solar panels to fight drought

State utilities in California are preparing to launch a pilot project to cover California’s irrigation canals in solar panels....

16. EY report: a resilient grid supported by digital solutions will underpin a successful transition to eMobility

Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...

17. Ukrainians run out the clock in Mariupol

Russian forces called on Ukrainian nationalists in surrounded Mariupol to lay down their weapons on Monday morning and leave the city before civilian evacuations by noon, with Ukrainian officials putting Moscow on notice that there would be 'no talk of any surrender'...

18. A record 4.5 million Americans quit their jobs in November

A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics. This pushed the quits rate to 3%, matching the high from September....

19. California: Turning air into water

The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices....

20. Wildfires roar back to life near Athens

Wildfires north of Athens leapt back to life on Thursday as searing conditions persisted and emergency crews battled blazes across Greece for a third day running...

21. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

22. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

23. Foreigners cramped in 5x5 units in Paphos

Paphos Mayor Phedonas Phedonos has pointed the finger at white collar crimes after a “shocking experience” Monday night when he saw first-hand foreign nationals living in poor conditions in violation of city ordinances...

24. GCC achieves high Customer Satisfaction

25. Renewable power is only part of the solution to meet net-zero targets

26. Businesses must address digital fatigue and consumer privacy

27. EY announces new solutions for the energy industry

EY announces new innovative digital solutions for the energy industry built on Microsoft Azure...

28. Three dead in helicopter crash near Greek island

A private helicopter crashed near a Greek island resort Tuesday, killing two Russian passengers and the Greek pilot and causing power outages after electricity lines were damaged in the crash...

29. MAPFinTech and oneZero announce partnership

MAP Fin Tech and one Zero announce partnership to collaborate in research and development for integration of their systems...

30. Parallel House on Kea earns two young architects Domes award

Located in a wild, inhospitable and isolated corner of the Cycladic island of Kea, the Parallel House took the prize for Best First Work by a Young Architect at this year’s Domes Greek Architecture Awards earlier this month. Katerina Kourkoula and Hannes Livers Gutberlet of the firm En Route designed a residence along the contours of the natural landscape, parallel to the island’s southeastern coast, looking out toward the nearby island of Kythnos....