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3391. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

3392. Astrobank: 'Reward' plan for good borrowers

Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....

3393. 141 million people have passed through barricades in 20 years

The Press and Information Office reported that, according to an April 29 article from the Halkin Seshi newspaper, a grand total of 141 million individuals have traversed the barricades towards the occupied or free areas since the opening on April 23, 2003....

3394. Employers and trade unions clash over CoLA index proposal

Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....

3395. Sexual harassment now a separate disciplinary offence in police and fire brigade

The Council of Ministers unanimously approved a proposal from the Ministry of Justice and Public Order to classify sexual harassment as a separate disciplinary offense in the Police and Fire Brigade. The decision was made during a meeting held on Tuesday....

3396. Jazeera Airways adds Larnaka to its European destinations

Jazeera Airways, a low-cost carrier based in Kuwait, has recently added Larnaka to its network of new European destinations for the 2023 summer season and flights were launched end of April....

3397. Cyprus ranks 3rd in EU for long working hours

A 9.7% of employed people in Cyprus (7% in the EU) worked long hours (working usually 49 hours or more per week) in their main job in 2022 according to data published by Eurostat, the statistical service of the European Union. Cyprus also had the third-largest percentage among all member states....

3398. Pope reveals ongoing secret Vatican peace mission in Ukraine

During his flight back to Rome after concluding his visit to Hungary, Pope Francis informed reporters that there is a secret Vatican peacekeeping mission taking place in Ukraine....

3399. AI pioneer regrets contribution to field, quits Google over concerns

The man often touted as the godfather of AI has quit Google, citing concerns over the flood of fake information, videos and photos online and the possibility for AI to upend the job market....

3400. Russian wave heads north as sanctions pick up in Cyprus

Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...

3401. Russian fire incident report delayed

Officials in Cyprus have postponed their findings on the fire at the Russian center in Nicosia, after a chemical report requested by the fire department was delayed, leaving room for speculation about the blaze as well as the overall investigation...

3402. 3,000 Ukrainian refugees to be evicted from hotels by end of month

Cypriot authorities plan to evict about 3,000 Ukrainian refugees currently living in hotels in Cyprus by the end of this month....

3403. BBC chairman resigns over conflict of interest

Richard Sharp has resigned as chairman of the BBC after a report found he broke the rules by failing to disclose the role he played in helping Boris Johnson secure an £800,000 loan....

3404. Michael Kyprianou & Co LLC partners with IP expert Nick Kounoupias

Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....

3405. Labor Minister proposes compromise on CoLA issue

Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....

3406. Turkish Cypriot entrepreneur purchases hotels in closed Famagusta

Yeni Bakis reported today that a Turkish Cypriot entrepreneur claims to have purchased three hotels and two floors of apartment buildings from their Greek Cypriot proprietors in the closed Famagusta. ...

3407. What's wrong with a little transparency?

There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....

3408. Search for answers in Russian fire probe continues

Law enforcement authorities in Nicosia are still conducting an investigation into a fire at the Russian Centre of Culture and Science, with diplomats from both countries waiting for official word on whether it was an accident or arson...

3409. Mykonos bars face minuscule fine for illegal structures demolition

In the latest twist in the Mykonos saga, a new Environment Ministry legislative provision stipulates that if the Principote and Nammos bars on the island demolish all of their illegal structures by early May,...

3410. Deutsche Bank to slash 800 jobs as part of new cost-cutting initiative

Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....

3411. Speculation rampant as Cyprus probes Russian fire

The cause of a large fire on Wednesday at a Russian building in central Nicosia is under investigation, with media speculation ranging from an accident to a possible terrorist attack and authorities not ruling out anything...

3412. Thessaloniki Comic Con returns for its seventh edition

Thessaloniki’s longest-running festival exclusively devoted to comics, cosplay, and animation, The Comic Con, is set to take place on May 5-7 at TIF-Helexpo’s Ioannis Vellidis conference center....

3413. Fire breaks out at Russian Cultural Center in Nicosia

A big fire broke out on Wednesday (26/04) at noon at the Russian Cultural Center in Nicosia....

3414. EAC to stand trial in fatal substation accident

The Cyprus Electricity Authority will stand trial as a corporation in the fatal accident at a utility substation in 2021, but prosecutors won’t be seeking any prison sentence as there are no individual defendants in the case...

3415. WHO leads regional effort to improve health and well-being of refugees and migrants

3416. Safeguarding First Responders on duty

The rapid evolution of technology is bringing huge and beneficial changes in all areas and the rescue sector isn't an exception. ...

3417. Mykonos bar ordered to remove illegal builds or face 22m euro fine

The owners of the Principote beach club in Panormos on the island of Mykonos started work on Monday to remove some of the illegal constructions for which they have been fined 22.2 million euros....

3418. Occupied areas: Cable cars planned for Bellapais and Saint Hilarion

"The cable cars in Bellapais and Saint Hilarion, which are in the final stages of planning, are among the most significant projects in the development of alternative tourism," said "Minister of Tourism, Environment and Culture" and President of the "TRNC" DK, Fikri Ataoglu....

3419. Davis Cup playoffs return to Cyprus

The Cypriot Davis Cup Team will fight in Cyprus for qualification at the European Zone Group B promotion play-offs....

3420. MEP Eva Kaili also being investigated for fraud

In the wake of allegations that she was involved in the so-called Qatargate kickback scandal, Greek MEP Eva Kaili is also being investigated for misappropriating European Parliament funds, Politico has reported...