Continents

Foreign Minister Vassilis Kaskarelis held a conversation with his Egyptian counterpart Sameh Shoukry on Monday to discuss regional and international developments.

Alamy Photo

Turkish and Egyptian top diplomats have elaborated on the further steps as part of the ongoing normalization of bilateral ties after the two counties' leaders agreed to exchange ambassadors after a decade of strained relations.

Lately, "Turkish Night" events, featuring many colorful entertainment shows, held on the Bosphorus tours in Istanbul, are the center of attention of tourists from all around the world.

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.

According to key aggregate financial indicators for the Cyprus banking sector, by CBC, an annual increase of 50 base units was recorded.

For Cypriots, it was a collective "here we go again" moment.

In April, the US and the UK included a handful of Cypriot nationals and Cyprus-registered companies on a list of "enablers" helping Russian oligarchs skirt sanctions. It was an unwelcome reminder of the lingering perception that the island nation somehow remains Moscow's financial lackey.

The EU Commission has emphasized that the Schengen visa issues faced by Turkish citizens are not related to an attitude towards Türkiye but rather attributed to staff shortages in consulates.

Housing prices in Cyprus continued along their upward trajectory in the fourth quarter of 2022, driven by increased construction costs and higher demand. According to the Central Bank of Cyprus (CBC), the Residential Property Price Index (RPPI) recorded a year-on-year increase of 6.6%, surpassing the 6.3% rise observed in the previous quarter in 2022.

Two young men, aged 22 and 30, have been remanded on suspicion of assaulting a Turkish Cypriot woman in Greek Cyprus over the weekend, with police seeking another one.

The European Commission announced that the EU budget's capacity to support Ukraine has been exhausted and new options should be sought to continue it. This happened during the presentation of the draft EU budget for 2024 on Wednesday.

Over 470,000 are the legitimate signatures for holding a referendum on whether Bulgaria should adopt the single European currency in 2025. This was shown by the check of over 600,000 signatures submitted by the "Vazrazhdane" (Revival) party, made by Main Directorate "Civil Registration and Administrative Service".