Cypriot banks maintain a high solvency ratio
The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus last week.
Transparency and competition
Even if a reduction of value-added tax is not the solution, the continuation of high food prices is a problem that is taking a toll on society.
Cartoon (10/06/2023)
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Reforms are not announced – they are carried out
We fear death. Even more so, dying alone. It’s not just one’s family that will look after you or hold your hand. It is also the National Health System that stands by you when you’re sick or abandons you, in its own way.
Asymmetric food price shifts
Data presented by the Hellenic Statistical Authority on Friday showed that prices increased further last month at a time when many were convinced that they would drop a tad.
Justice system scores poorly in EU rankings
The Greek justice system may have many state officials, judges and lawyers, but fails to work efficiently for society as a whole, according to the EU Justice Scoreboard 2023 of the European Commission.
Aegean and Cyprus Airways join forces with code-sharing agreement
In a significant move aimed at enhancing connectivity and offering improved travel options, Aegean and Cyprus Airways are preparing to announce a strategic cooperation through a code-sharing agreement.
27-year-old man detained for sexual assault of elderly woman on Patmos
A 27-year-old man was taken into custody on the island of Patmos on Friday following the sexual assault of a 70-year-old woman.
Fill-in altar girls spark controversy
Something of a war has broken out in the Church of Greece after an Athens priest enlisted the help of two girls from his congregation to fill in for the altar boys in the Pentecostal liturgy.
Italy special forces board Turkish vessel after alert over unidentified passengers
A Turkish cargo vessel that Italian special forces boarded after the crew detected a group of unidentified people on board is now sitting off the southern city of Naples, website MarineTraffic showed, while police continue to investigate the situation.