After long battle, CyTA loses fine case
The Supreme Court upheld a decision to fine CyTA €390,000 for abusing its dominant market position by blocking access to telematics services for Golden Telemedia customers.
The Supreme Court upheld a decision to fine CyTA €390,000 for abusing its dominant market position by blocking access to telematics services for Golden Telemedia customers.
Fact: A 30-year-old man was beaten up by nursing staff at the Athalassa psychiatric hospital after he kicked a bin.
Cyprus is making rapid progress in its digital transition, with the creation of a Broadband competence office to promote broadband connection projects. One success of this transition is the newfound broadband access at a primary school serving the remote villages of Kampos and Tsakistra in the northwest of the Troodos mountain range.
A man appeared in court in Morphou accused of drunkenly punching a taxi driver. The suspect denied all charges.
Cyprus and Lebanon are cooperating to address the issue of growing migrant flows, particularly Syrian refugees coming from Lebanon. Cyprus has seen an increase in migrants arriving by sea, causing tension between the two countries. Lebanon hosts a large number of Syrian refugees, putting strain on its economy. Cyprus is seeking greater financial assistance from the European Commission to help Lebanon manage the situation. Both countries have agreed to coordinate actions and work with the EU to address the issue.
– The services sector in Cyprus performed well in 2023, with significant improvements in various key areas.
– Accommodation and catering services saw an increase of 18.9%, administrative and support services grew by 15.5%, professional, scientific, and technical activities by 2.7%, and information and communication by 2%.
– Tourism sector showed improvement in 2023, with tourist arrivals reaching 3,845,652, approaching pre-pandemic levels of 2019.
– The UK had the most tourist arrivals in Cyprus in 2023, followed by Israel, Poland, and Germany.
– The Shipping sector transported 98% of raw materials and essential goods in Cyprus in 2023, contributing about 7% of GDP.
– Oev undertook various initiatives in 2023, including research on digital skills, Innovation Awards, and promoting digital skills and AI adoption.
– Oev also organized a Business Mission to Greece, Information Day on dispute resolution methods, and supported the newly established Tourism Promotion Agency.
A Cypriot baby born in northern Nicosia has been named after Argentinian footballer Mauro Icardi.
Fact: Police made a third arrest in the case of a large quantity of narcotics discovered and seized in Larnaca.
Kedipes has announced a new repayment plan for non-performing loans that would be secured by a primary residence with a market value of up to €350,000. Eligible borrowers can fully repay their loan obligations by paying an amount calculated with a significant percentage discount on the market value of the mortgaged residence.