Legal framework needed for AI

It is imperative to create a legislative framework for artificial intelligence (AI), said Research, Innovation and Digital Policy Minister Philippos Hadjizacharia. Hadjizacharia told a conference in Nicosia: “Artificial Intelligence does not replace human

Cabinet approves 2024 surplus budget

The Cabinet approved Wednesday the 2024 state budget, the government’s first, estimated to record a fiscal surplus of €659 million or 2.2% of GDP. Finance Minister Makis Keravnos said the budget aims

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Economic sentiment deteriorates

Economic sentiment in Cyprus deteriorated in September among businesses and consumers, according to the Economics Research Centre of the University of Cyprus (CypERC). In September, economic sentiment deteriorated, as the Economic Sentiment Indicator

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Most students learn a foreign language

The majority of pupils in primary and secondary education in Cyprus study at least one foreign language, according to Eurostat. In 2021, 100% of pupils in primary education in Cyprus (86.3% in the EU)

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Obstacles to Eurobank’s Hellenic takeover

Greece’s Eurobank is reportedly preparing a strategic roadmap to takeover Hellenic Bank, the island’s second-biggest lender; however, there are obstacles as major shareholders are unwilling to budge. With a 29.2% Hellenic stake,