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12° Nicosia,
03 July, 2025
 

News Stream

Bank of Cyprus shares surge 4.6% on first day back in Athens

Bank of Cyprus shares surge 4.6% on first day back in Athens

Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....

Tensions flare over Auditor General appointment threat

Tensions flare over Auditor General appointment threat

Cyprus is facing a political storm after DIKO MP Zacharias Koulias repeated his threat to appoint a new auditor general while temporarily leading Parliament next week, ...

Nicosia roads turned to rivers as storms hit the island

Nicosia roads turned to rivers as storms hit the island

A yellow warning for severe thunderstorms has been issued by The Weather Service, effective from 12:00 BST and lasting until 18:00 this afternoon....

19th-century message in a bottle found in France

19th-century message in a bottle found in France

A group of volunteers excavating an ancient Gaulish site in Normandy, France, made a surprising discovery—a message in a bottle from 1825. The message was written by P.J. Féret,...

Cyprus leads MED9 ministers in push for resilient Mediterranean energy ecosystem

Cyprus leads MED9 ministers in push for resilient Mediterranean energy ecosystem

The MED9 Energy Ministers reaffirmed their commitment to support the advancement of a sustainable, secure, and resilient future for the Mediterranean region....

Cypriots discuss roadmap to constitutional unity for a federal state

Cypriots discuss roadmap to constitutional unity for a federal state

A bicommunal research program titled "Developing Common Ideas on Constitutional Issues," funded by the European Union, is engaging Greek Cypriots (GC) and Turkish Cypriots......

Nicosia to improve walking and cycling by 2030

Nicosia to improve walking and cycling by 2030

Nicosia has unveiled an ambitious plan to transform the city into a '15-minute city' by 2030, aiming to ensure that residents can access essential services within a 15-minute walk or bike ride from their homes, officials announced Monday. ...

Cyprus needs new strategy to grow winter tourism

Cyprus needs new strategy to grow winter tourism

According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....

First student housing set to open in old town Nicosia

First student housing set to open in old town Nicosia

The first student residence inside Nicosia’s walled city will open in November, offering 13 rooms as part of a larger plan to create 380 student spaces. ...

EY Cyprus Wins Transfer Pricing Firm of the Year for the Sixth Consecutive Year and Charalambos Palaontas Recognized as Leading Practitioner

EY Cyprus Wins Transfer Pricing Firm of the Year for the Sixth Consecutive Year and Charalambos Palaontas Recognized as Leading Practitioner

EY Cyprus has once again been named Transfer Pricing Firm of the Year by the International Tax Review (ITR), marking the sixth consecutive year the firm has received this prestigious recognition. ...

BOC shares open at €4.78 on Athens exchange post-London exit

BOC shares open at €4.78 on Athens exchange post-London exit

The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE). ...

Coca-Cola HBC Cyprus at the 5th Cyprus Cocktail Festival

Coca-Cola HBC Cyprus at the 5th Cyprus Cocktail Festival

Coca-Cola HBC Cyprus is excited to participate in the 5th Cyprus Cocktail Festival, the nation’s top cocktail event, featuring Three Cents Artisanal Beverages as the main sponsor and Finlandia vodka....

Cypriot loan servicers struggle as red loans hit €21.2B

Cypriot loan servicers struggle as red loans hit €21.2B

While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...

Rare 'red sprites' spotted over Cyprus-Turkey waters

Rare 'red sprites' spotted over Cyprus-Turkey waters

Two amateur meteorologists in Cyprus, Angelos Kourieas and George Paraskevaidis......

Stella Kyriakides: A lifetime of fighting for better health

Stella Kyriakides: A lifetime of fighting for better health

Stella Kyriakides, European Commissioner for Health and Food Safety, is currently in New York attending the 79th United Nations General Assembly,...

KPMG in Cyprus supports the Pancyprian Volunteerism Coordinative Council’s campaign ‘Back to School Supplies for ALL children'

KPMG in Cyprus supports the Pancyprian Volunteerism Coordinative Council’s campaign ‘Back to School Supplies for ALL children'

At KPMG Cyprus, we remain committed to our mission of giving back to the community....

Supreme court ruling on Auditor General fuels corruption debate in Cyprus

Supreme court ruling on Auditor General fuels corruption debate in Cyprus

The decision to dismiss the auditor general—determined by the highest level of Justice in Cyprus—has sparked a significant public, legal, and political debate....

The fall of a man who held the powerful accountable

The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

Kremlin pushes procreation amid declining birthrate, encourages 'sex at work'

Kremlin pushes procreation amid declining birthrate, encourages 'sex at work'

Russia’s top health official has urged workers to consider procreation during breaks, as part of an effort to counter the country’s population decline, a move supported by President Vladimir Putin’s long-standing push for higher birth rates....

Hezbollah and Israel trade heavy fire as conflict escalates

Hezbollah and Israel trade heavy fire as conflict escalates

Hezbollah and Israel exchanged intense fire Sunday, with the Lebanese militant group launching rockets deep into northern Israel following one of the heaviest bombardments of the year....

Germany’s hardline on Syrian deportations gives Cyprus green light for returns

Germany’s hardline on Syrian deportations gives Cyprus green light for returns

In a landmark ruling, Germany’s Supreme Administrative Court in Munster has determined that some areas of Syria can now be considered "safe," despite the ongoing civil war....

Cyprus poised for negotiations under UN framework

Cyprus poised for negotiations under UN framework

The Greek Cypriot side is ready for negotiations, even tomorrow, on the condition that the basis of any initiative must be the agreed framework and the decisions of the Security Council, stated on Sunday the Deputy Government Spokesperson, Yiannis Antoniou....

Get ready for rain and hail!

Get ready for rain and hail!

A yellow warning for severe thunderstorms was issued Monday morning by the Weather Service, set to last from 12 p.m. to 6 p.m. BST....

Heavy rain and storms sweep across Cyprus

Heavy rain and storms sweep across Cyprus

Heavy rain has hit various parts of Cyprus as unstable weather conditions and weak low-pressure impact the region, according to the Meteorological Service....

Protest outside Presidential Palace against auditor general's suspension

Protest outside Presidential Palace against auditor general's suspension

A protest organized by the left-wing AKEL party took place outside the Presidential Palace on Monday, under the slogan ''Against the system of corruption and cover-up!''...

Yellow-eyed penguin crowned bird of the year

Yellow-eyed penguin crowned bird of the year

In a competition free from the controversies of previous years, one of the world's rarest penguins, the yellow-eyed hoiho, has been named New Zealand's Bird of the Year....

Larnaca hosts 2nd Jazz Festival with free entry on Sept. 26-27

Larnaca hosts 2nd Jazz Festival with free entry on Sept. 26-27

The 2nd Jazz Festival will take place on September 26-27 at Zuchouri Square in Larnaca, featuring top artists from the Cypriot and international jazz scenes, curated by Akis Farmakalidis....

Politics Blog: AKEL, Odysseas and political satire

Politics Blog: AKEL, Odysseas and political satire

AKEL is organizing a protest outside the Presidential Palace on Sunday, demonstrating against the dismissal of Odysseas Michaelides. Hearing this brought back memories of the protests outside the Presidential Palace after the Mari incident....

CERA approves €125M for Cyprus-Crete power link

CERA approves €125M for Cyprus-Crete power link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

Mass casualties in Lebanon: 32 killed, thousands wounded in device blasts

Mass casualties in Lebanon: 32 killed, thousands wounded in device blasts

Fear quickly spread throughout Lebanon. Some rushed to unplug their devices, while others disconnected transformers and solar systems powering their homes....

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