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121. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

122. Brussels urging guidelines for NGO boats in the midst of France-Italy migrant dispute

The European Commission is pushing to create guidelines for the NGO boats rescuing migrants off Europe’s shores as part of a plan to reduce the number of asylum seekers heading to the Continent....

123. BOC: Profits for first nine months gobbled up by Voluntary Retirement Plan

The bank reported 9 million euro losses following the summer departure of 550 employees, which cost it 104 million....

124. The first 'Mountain Agriculture of Troodos' products have hit the market

Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....

125. 400-500 Hellenic employees to be made redundant

On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....

126. Sizable migrant flows pushing national asylum systems to breaking point

The disproportionate migratory flows have led to a situation of force majeure, forcing to their limits the national asylum and reception systems, said Interior Minister Nicos Nouris....

127. EU leaders burn midnight oil on gas prices

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs...

128. Banking sector to cut 600 more employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....

129. A team of 'Forced Return Escorts' has been deployed to Cyprus

A team of forced return escort and support officers has been deployed by the European Border and Coast Guard Agency, Frontex, at the Larnaca Branch of the Aliens and Immigration Unit in Cyprus....

130. Nouris: EU should sanction countries that instrumentalize migration

The EU should have concrete sanctions in place when there is proof that migrants are being instrumentalized, as in the case of Cyprus, Interior Minister Nicos Nouris said....

131. Doctor ‘fake vax’ trial put off again

A Cypriot doctor, who denies ever issuing bogus vaccination certificates during the pandemic, will have to wait a whole year before his day in court, after a judge on Monday pushed back his trial until next year...

132. Kremlin: Four Ukrainian regions to be officially annexed tomorrow

The official annexation of the four occupied Ukrainian regions where referendums were held will be announced tomorrow by Moscow at a special ceremony....

133. Greece accuses EU of using Med countries like a refugee ‘parking lot’

Greece on Monday urged the European Union to lift movement restrictions for refugees recognized by individual nations, accusing the bloc of applying a double standard when dealing with Ukrainians fleeing the war compared with the victims of other conflicts....

134. Driver in fatal hit and run comes forward

A young man walked into a Nicosia police station on Saturday after authorities announced they were looking for the driver of a black vehicle that fatally struck a Romanian male on bicycle before dawn...

135. Bank of Cyprus announces €50m net profit in first half of 2022

Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....

136. Finland's PM partying video causes backlash

The Finnish Prime Minister, Sanna Marin, is facing a backlash after being seen partying in a leaked video....

137. Greek monuments to go dark in winter

After this summer, it is highly likely that streets could become a little darker, historical monuments no longer bathed in artificial light throughout the night and households could face periodic outages, Environment and Energy Minister Kostas Skrekas warns....

138. Europe agrees to compromise deal on gas rations as Russia squeezes supply

European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine....

139. 550 employees leave Bank of Cyprus

The Bank of Cyprus announced the successful completion of a voluntary staff retirement plan. Through the Plan, approximately 550 employees have been approved for severance, ...

140. Assailant in Larnaca video denies charges

A local man caught on video verbally and physically assaulting an asylum seeker who was holding her baby has been remanded in custody, but his lawyer says he was the one who called police in the first place...

141. Foreclosures suspended until the end of October 2022

The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...

142. Bank of Cyprus offering voluntary retirement plans for up to 600 employees

The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...

143. A number of migrants deported on Tuesday by Cyprus Police

Cyprus police participated in the repatriation of 15 third-country nationals on Tuesday. All were on the island illegally....

144. IOM to assist Cyprus in migrant repatriations

Minister of Interior, Nicos Nouris, and the International Organization for Migration's Regional Director in Brussels, Ola Henrikson, discussed on Monday ways to enhance and increase cooperation between the two parties....

145. The 15 branches of Bank of Cyprus that are closing

The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...

146. Cyprus received 11,000 asylum applications in the first five months of 2022

Cyprus has received more than 11,000 asylum applications in the first five months of 2022, Interior Minister Nicos Nouris has said, noting that the first line EU-member-states, namely, Cyprus, Greece, Italy, Spain and Malta are estimated to receive 150,000 asylum seekers....

147. EU Energy Commissioner: 'Cyprus has enormous potential in terms of solar and wind energy production.'

In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....

148. Bank of Cyprus to reduce its employees by 500 in 2022

149. Euthanasia: Six out of ten surveyed in Cyprus agree with legalization

The issue of euthanasia and the need for information and social dialogue in Cyprus were discussed on Monday at a meeting of the Parliamentary Committee on Human Rights....

150. Op-ed: ESG, DEI and other acronyms and why we need to know about them IMHO*

Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....