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12° Nicosia,
27 April, 2025
 

News Stream

European data shows low interest payouts by Cypriot banks

European data shows low interest payouts by Cypriot banks

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....

Ongoing investigation reveals insights into guardsman's 2005 death

Ongoing investigation reveals insights into guardsman's 2005 death

In the ongoing investigation into the death of National Guardsman Thanasis Nikolaou in 2005, anthropologist Eleftheria Harilaou testified about examining his exhumed bones....

Mall of Cyprus unveils extended free parking hours for Christmas

Mall of Cyprus unveils extended free parking hours for Christmas

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 climb to success in the public sector pay scale

The climb to success in the public sector pay scale

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. ...

'Meatball': A satirical feast on veganism and society

'Meatball': A satirical feast on veganism and society

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....

Greek retailer Kotsovolos fined €2 million for misleading discounts

Greek retailer Kotsovolos fined €2 million for misleading discounts

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,...

COVID-19 cases surge ahead of festive season

COVID-19 cases surge ahead of festive season

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, ...

One to three-star hotels dominate Greece’s accommodations

One to three-star hotels dominate Greece’s accommodations

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....

Cyprus joins WHO's global digital health certification network

Cyprus joins WHO's global digital health certification network

Cyprus has successfully joined the World Health Organization's Global Digital Health Certification, the Health Ministry said on Wednesday....

 Farmer's donkey causes fire, lands him in court

Farmer's donkey causes fire, lands him in court

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....

Cyprus nears digital judicial transformation with new e-justice system

Cyprus nears digital judicial transformation with new e-justice system

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. ...

Cyprus and Estonia collaborate on e-health initiatives

Cyprus and Estonia collaborate on e-health initiatives

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....

Parliament approves measures for NPLs and foreclosures framework

Parliament approves measures for NPLs and foreclosures framework

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....

Non-performing loans take a €95M dive

Non-performing loans take a €95M dive

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. ...

Chinese elite move billions abroad in economic shift

Chinese elite move billions abroad in economic shift

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....

Christodoulides emphasizes seriousness in addressing Cyprus Problem

Christodoulides emphasizes seriousness in addressing Cyprus Problem

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, ...

US sanctions hit four Cyprus entities tied to Russian defense

US sanctions hit four Cyprus entities tied to Russian defense

In a strategic move, the United States Treasury Department has unveiled a targeted set of sanctions aimed at four legal entities associated with Cyprus....

Parisian nursery and school grapple with knife incidents

Parisian nursery and school grapple with knife incidents

In a disturbing turn of events, staff at a nursery in Creteil, a Parisian suburb, found themselves face-to-face with a knife-wielding man on Monday....

Twenty Akamas wrongdoings reported to the Attorney General

Twenty Akamas wrongdoings reported to the Attorney General

The owners of agricultural premises in the Akamas area are set to face justice for unauthorized interventions and modifications, violating their licenses....

Illegal land alterations spark legal action in Akamas

Illegal land alterations spark legal action in Akamas

In a significant development, reports of wrongdoing by 20 owners of agricultural/land properties in the Akamas region have been forwarded to the General Prosecutor's Office....

Tesla recalls over 2M vehicles following autopilot safety concerns

Tesla recalls over 2M vehicles following autopilot safety concerns

In response to safety concerns related to its Autopilot system, Tesla is initiating a massive recall, impacting more than 2 million vehicles across its entire model range....

Epic Xmas Street Fest: Nicosia transforms into a foodie wonderland!

Epic Xmas Street Fest: Nicosia transforms into a foodie wonderland!

Prepare for Epic Xmas Street Fest! Join Epic and Deejay Radio 93.5 for a festive extravaganza on Makarios Avenue, Spyridakis Square (360 building) in Nicosia this Sunday, December 17, from 6:00 PM to midnight....

BOC to revitalize former Orphanides building by 2026

BOC to revitalize former Orphanides building by 2026

Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....

How Cyprus and Chevron found common ground

How Cyprus and Chevron found common ground

The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....

Block of flats shrouded in mystery after vehicle fire

Block of flats shrouded in mystery after vehicle fire

In the early hours of Thursday (14/12), a 49-year-old man's vehicle became the epicenter of a raging fire in the car park of a residential block....

Sunny spells and sneaky clouds

Sunny spells and sneaky clouds

Amidst the gentle influence of weak high pressure, today's meteorological narrative unfolds with a nuanced dance of clear and cloudy elements. In the initial hours, a majority of regions will wake up to the crisp clarity of a cloudless sky....

Cattle farm slapped with €11,000 fine over injury

Cattle farm slapped with €11,000 fine over injury

In a recent development, the I & C Hadjiyiannakou (Farms) Ltd, engaged in cattle farming, faces a €11,000 fine imposed by the Larnaca District Court....

Cypriots pack bags for record-breaking 2023 getaways

Cypriots pack bags for record-breaking 2023 getaways

Cypriots are preparing suitcases for abroad, taking advantage of the short holidays offered by the Christmas and New Year celebrations....

Biden warns Israel as derogatory soldier videos surface

Biden warns Israel as derogatory soldier videos surface

President Joe Biden, a staunch supporter of Israel, broke from tradition by openly criticizing the Israeli government's approach to the two-state solution....

Limassol building disaster raises maintenance concerns

Limassol building disaster raises maintenance concerns

Limassol Municipality is grappling with a severe building safety issue following the collapse of balconies in a privately owned building on Nafplio and Ethnikis Antistasis streets....

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