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12° Nicosia,
30 October, 2025
 

News Stream

CBC to keep dividends low despite bank profits

CBC to keep dividends low despite bank profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....

15-year-old girl drowns in Larnaca Bay

15-year-old girl drowns in Larnaca Bay

A 15-year-old girl drowned while swimming in Larnaca Bay on Wednesday afternoon, authorities said....

Athens warns Nicosia to reverse delays in power grid project

Athens warns Nicosia to reverse delays in power grid project

The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....

Biden gains support from democratic governors

Biden gains support from democratic governors

In a show of unity and support, several Democratic governors expressed their backing for President Joe Biden following a meeting with him. They highlighted their commitment to his leadership and discussed the significance of his administration's accomplishments....

Man shot dead in Pegeia during gathering

Man shot dead in Pegeia during gathering

Police are investigating a premeditated murder in Pegeia, involving 43-year-old Stylianos Stylianou....

Strong winds and rough seas expected

Strong winds and rough seas expected

A seasonal low-pressure system is currently influencing the area, bringing mostly clear weather with occasional localized clouds. Thin dust is expected to linger in the atmosphere throughout the day....

Younger tourists are choosing Cyprus in the winter

Younger tourists are choosing Cyprus in the winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....

Councillor pushes for better support of foster children

Councillor pushes for better support of foster children

In a heartfelt discussion on SPOR FM's "Diaspora News," Fotini Tsiridou, a Limassol Councillor for the DISY, addressed the pressing issue of support for foster children as they transition into adulthood....

Cyprus tightens laws to combat illegal employment

Cyprus tightens laws to combat illegal employment

The Council of Ministers has approved three new bills aimed at cracking down on illegal and undeclared work....

Cyprus Airways launches direct flights to Barcelona

Cyprus Airways launches direct flights to Barcelona

Cyprus Airways is excited to announce the launch of its new direct flights from Larnaca to Barcelona, commencing on the 3rd of July. This new route will operate twice weekly, on Wednesdays and Sundays, providing passengers with a convenient and comfortable travel option to one of Europe's most vibrant cities....

Nicosia's 7th Epic Street Fest delights thousands

Nicosia's 7th Epic Street Fest delights thousands

On the afternoon of Tuesday, July 2, about 2000 people gathered in the heart of the capital city, reveling under the summer sky with music from some of the island’s top DJs, courtesy of Deejay Radio, at the 7th Epic Street Fest Nicosia....

Biden considering withdrawal from 2024 US Presidential race, sources say

Biden considering withdrawal from 2024 US Presidential race, sources say

President Joe Biden is under intense scrutiny as he prepares for key public appearances that could determine the future of his 2024 presidential campaign....

Jumbo to open second store in Nicosia this summer

Jumbo to open second store in Nicosia this summer

Jumbo is set to open its second store in Nicosia and sixth in Cyprus, located in the former Stephanides Group headquarters near the Mall of Cyprus and IKEA in Strovolos....

Auditor-General challenges pension misconduct claims

Auditor-General challenges pension misconduct claims

Auditor-General Odysseas Michaelides addressed several contentious issues during the third day of hearings at the Supreme Judicial Council, which is reviewing Attorney General George Savvides' request to dismiss Michaelides for alleged misconduct....

Nicosia police collects over €100,000 in fines

Nicosia police collects over €100,000 in fines

In a recent enforcement drive spearheaded by the Nicosia Police Directorate on Tuesday, authorities announced the execution of 209 fine warrants, resulting in the collection of €101,582.56. ...

Dior bags assembled for €53, sold at €2,600

Dior bags assembled for €53, sold at €2,600

Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....

Democrats urge Biden to withdraw from 2024 elections

Democrats urge Biden to withdraw from 2024 elections

In the wake of Joe Biden's recent debate with Donald Trump, Democratic pressures mount for the American president to be forthright about his health condition. Questions swirl about the responsibilities of his closest aides....

Cabinet expands subsidies for infertility treatment

Cabinet expands subsidies for infertility treatment

The Cyprus Cabinet has greenlit an amended plan that significantly enhances subsidies for infertility treatment, Health Minister Michael Damianos announced Tuesday....

New pyramid scheme preys on Cypriots promising big profits

New pyramid scheme preys on Cypriots promising big profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

''Cyprus prepared for Lebanon conflict fallout,'' says Kombos

''Cyprus prepared for Lebanon conflict fallout,'' says Kombos

A possible spillover of the conflict in Lebanon would have catastrophic consequences, Foreign Affairs Minister Constantinos Kombos said on Tuesday......

Tatar and Stewart confer on security issues in Cyprus buffer zone

Tatar and Stewart confer on security issues in Cyprus buffer zone

The UN Secretary-General's Special Representative to Cyprus, Colin Stewart, expressed concern about the militarization of the buffer zone......

Execution-style murder of civil engineer linked to Mykonos activities

Execution-style murder of civil engineer linked to Mykonos activities

Police are intensifying their investigation into the murder of 54-year-old civil engineer Panagiotis Stathis, who was fatally shot on Tuesday morning outside his company's offices in Psychiko, a northern suburb of Athens....

Larnaca intensifies mosquito spraying for public health

Larnaca intensifies mosquito spraying for public health

Larnaca Municipality has informed residents that systematic spraying operations to combat mosquitoes are ongoing throughout the city....

AstroBank wins international recognition for the second consecutive year

AstroBank wins international recognition for the second consecutive year

AstroBank has been named Best Private Bank – Cyprus by the Global Private Banking Innovation Awards 2024 for the second consecutive year. ...

Ygea Farm receives accolade for organic egg production

Ygea Farm receives accolade for organic egg production

George Konstantinides established Ygea Farm two decades ago in the fertile meadows just outside Mathiatis. ...

Cyprus secures halloumi PDO status with 5-year plan

Cyprus secures halloumi PDO status with 5-year plan

Cyprus has been granted a 5-year transition period by the European Commission to comply with the requirements for the production of halloumi......

ECB concerned over Cypriot bank profit tax proposal

ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

How France's nationalist shift could shape Cyprus' future

How France's nationalist shift could shape Cyprus' future

In France, the prospect of nationalists potentially clinching a decisive majority in the upcoming parliamentary elections has stirred apprehension in Brussels and Berlin....

Fitch elevates Hellenic Bank’s credit rating

Fitch elevates Hellenic Bank’s credit rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...

Dust, heat, and strong winds expected

Dust, heat, and strong winds expected

The region is currently under the influence of seasonal low pressure, resulting in a mix of weather conditions....

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