Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said.
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Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....
President Christodoulides put an end to the DISY-government-opposition political confrontation from Brussels, in response to a report in the newspaper "Truth" which, citing sources, referred to an invitation by Turkish President, Tayyip Erdogan, to the President of the Council of Europe - on the sidelines of the brief, informal meeting between the two in the framework of the Climate Summit (COP 28) in Dubai....
In a significant initiative, a four-member team from ''Volunteer Doctors - Cyprus,'' formerly known as Doctors of the World, is gearing up for a medical-humanitarian mission to Egypt.
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In bilateral meetings held in Geneva, Interior Minister Konstantinos Ioannou emphasized the shift from illegal to legal migration channels, as stated in a press release by the Interior Ministry on Friday. ...
Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....
Interior Minister Constantinos Ioannou has conveyed to IOM (International Organization for Migration) Director General Amy Pope Cyprus' willingness to look into implementing a pilot programme to attract labour force from third countries....
Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....
In the ongoing investigation into the death of National Guardsman Thanasis Nikolaou in 2005, anthropologist Eleftheria Harilaou testified about examining his exhumed bones....
The Mall of Cyprus decided to extend the hours (from 2 to 4 hours) for free parking ahead of the festive period, as reported in «K» the marketing manager of the mall, Giorgos Pissis, noting that this decision started from 01/12 and is valid until 31/12....
The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...
In the quirky world of Dimitris Foutsias, the consumption of meat is not just a culinary choice—it's downright illegal. ETHAL brings "Meatball," directed by Marina Vronti, to the stage, delivering a thought-provoking and often humorous take on veganism, political correctness, and societal norms....
The Minister of Development, Kostas Skrekas, has levied a 2 million euro fine on the company "Dixons South-East Europe Commercial and Industrial Company of Electrical, Information Technology,...
In a recent statement to the Cypriot News Agency, Elizabeth Constantinou, the Director of Medical and Public Health Services, highlighted a surge in confirmed coronavirus cases, ...
Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....
In a peculiar case currently under the scrutiny of the District Court of Famagusta, a 61-year-old farmer is grappling with legal consequences following a series of events set into motion by his donkey's misadventure....
Deputy Minister of Research, Innovation, and Digital Policy, Philippos Hadjizacharias, anticipates the finalization of the new e-justice system by February 2024, marking a crucial stride in Cyprus' digital transformation. ...
Cooperation between Cyprus and Estonia in the field of e-Health is being promoted with Cyprus aiming to draw expertise and good practices in the field of e-Health from Estonia, which is considered a model country in this field....
Cyprus' Finance Ministry has expressed satisfaction with the parliament's approval of laws integral to the comprehensive package for managing Non-Performing Loans (NPLs) and the foreclosure framework....
As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August.
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In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
In his remarks upon arrival for the European Council meeting in Brussels, President of the Republic Nicos Christodoulides emphasized the need for seriousness in addressing the Cyprus problem, ...
In a strategic move, the United States Treasury Department has unveiled a targeted set of sanctions aimed at four legal entities associated with Cyprus....
