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12° Nicosia,
07 May, 2025
 

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Kontides clinches gold at North Sea Regatta 2023

Kontides clinches gold at North Sea Regatta 2023

Pavlos Kontides, the Cypriot sailor, emerged victorious with a gold medal at the North Sea Regatta 2023 held in Scheveningen from 26th to 28th May, the same venue where the World Sailing Championships will be hosted in August....

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Natural gas a priority for affordable electricity generation

Natural gas a priority for affordable electricity generation

The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....

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From 25% to 5% smoking rate by 2040, says Kyriakides

From 25% to 5% smoking rate by 2040, says Kyriakides

Health and Food Safety Commissioner Stella Kyriakides, in a prelude to World No Tobacco Day on May 31, emphasized the Commission's ambitious objective of reducing smoking from 25% to a mere 5% of the population by 2040 in her written message....

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Double triumph at the 19th Games of the Small States of Europe

Double triumph at the 19th Games of the Small States of Europe

Cyprus on Monday achieved two victories on the first day of the 19th Games of the Small States of Europe, held in Malta....

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14 new fixed cameras in operation after 'Kataklismos'

14 new fixed cameras in operation after 'Kataklismos'

14 new fixed photo-enforcement cameras are being added to the urban road network after the Deluge weekend, according to Tassos Asiikkis, Chief Inspector of the Traffic Police Department....

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Cyprus transforms into wintry wonderland with rain and hail

Cyprus transforms into wintry wonderland with rain and hail

On Tuesday (30/05), Cyprus experienced a sudden change in weather with heavy rainfall and hail across the island, creating a wintry scene. The Met Office has issued a yellow warning for severe thunderstorms, attributing the unstable air mass as the cause....

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Cyprus sees decline in total deposits and loans

Cyprus sees decline in total deposits and loans

Total deposits in April 2023 recorded a net decrease of €173.3 million, compared with a net increase of €59.8 million in March 2023, the Central Bank of Cyprus said in a press release....

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Corruption? On the island of saints?

Corruption? On the island of saints?

The millions - some say billions - that we lost as a state due to the corruption of various officials are not enough. Now we will have to pay additional funds to bring in "esteemed legal experts" from abroad - specifically from Great Britain - to assist in the investigations. Clearly, we are rapidly heading back to an era where corruption was limited, somewhere around 1950....

 |  OPINION
Titanic unveiled: Remarkable discovery of a gold necklace in the wreckage

Titanic unveiled: Remarkable discovery of a gold necklace in the wreckage

A remarkable discovery has been made in the wreckage of the Titanic—an uncovered gold necklace, thanks to the groundbreaking full-size digital scan of the ship....

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Is there an energy plan, or isn't there?

Is there an energy plan, or isn't there?

When in 2011 Cyprus discovered natural gas in "Aphrodite," the discussion about geopolitical upgrading was so intense that it led to the creation... of a movie titled "Block 12" and the establishment of specialized studies in oil & gas....

 |  OPINION
Institute wages House battle for married parents

Institute wages House battle for married parents

Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...

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A whirlwind of showers, thunderstorms and rising temperatures

A whirlwind of showers, thunderstorms and rising temperatures

The weather for today will begin with clear skies, but as the afternoon progresses, expect the development of clouds leading to local showers and isolated thunderstorms, primarily in the mountains, inland areas, and the northern region....

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Devastating images of the Kathika fire: Destruction and aftermath

Devastating images of the Kathika fire: Destruction and aftermath

A fire broke out on Saturday in the Kathikas community, engulfing an area of approximately 30 hectares covered with forest vegetation. Distressing images captured by "K" reveal the aftermath of the blaze, presenting a desolate landscape....

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May Newsletter of K. Treppides & Co Ltd: CySEC

May Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

 |  BUSINESS
Ankara, Cairo waste no time after Erdogan prevails

Ankara, Cairo waste no time after Erdogan prevails

Egypt President Abdel Fattah al-Sisi and Turkish President Recep Tayyip Erdogan agreed on 'the immediate start of upgrading diplomatic relations, exchanging ambassadors,' Egypt's presidency said in a statement on Monday...

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Cyprus and China discuss tourism cooperation

Cyprus and China discuss tourism cooperation

Deputy Minister of Tourism of Cyprus, Kostas Koumis, and Vice Minister of Culture and Tourism of China, Li Qun exchanged on Monday ideas, views and suggestions, during a meeting at the Ministry of Tourism, in Nicosia, in a bid to further strengthen the cooperation between Cyprus and China in the tourism sector...

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Nicosia revives US visa waiver talks but conceals details

Nicosia revives US visa waiver talks but conceals details

Cypriot President Nikos Christodoulides suggested on Monday that ongoing efforts to secure a US visa waiver was an example of a 'new level of relations' between Nicosia and Washington, while providing little details on the process but adding that his government’s position on sanctions against Russia was 'in line' with American goals as outlined recently by the US Ambassador...

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German delegation visit to Cyprus highlights good diplomatic relations

German delegation visit to Cyprus highlights good diplomatic relations

Α delegation of the Parliamentary Friendship Group for relations with Cyprus and Malta of the German Bundestag will pay an official visit to Cyprus, between 30 May and 2 June 2023. The visit takes place at the invitation of the Cyprus House of Representatives, an official announcement says....

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Cyprus ranks low in unmet medical needs for children, but dental care concerns arise

Cyprus ranks low in unmet medical needs for children, but dental care concerns arise

Cyprus stands out as one of the countries with the lowest rates of children under 16 living in households with unmet medical needs, according to recent data released by Eurostat, the statistical service of the EU. However, when it comes to unmet dental care needs, Cyprus slightly exceeds the EU average....

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A glimmer of hope as Christodoulides looks to the future after Turkish elections

A glimmer of hope as Christodoulides looks to the future after Turkish elections

Cyprus President Nikos Christodoulides expressed hope for imminent developments in the Cyprus problem following the completion of elections in Turkey....

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From intermittent clouds to dust, what's in store for the week ahead?

From intermittent clouds to dust, what's in store for the week ahead?

Today's weather will be characterized by intermittent cloud cover, initially appearing in the western and northern regions and later extending to the mountains and interior areas....

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The self-sabotage of a President in less than 100 days

The self-sabotage of a President in less than 100 days

Nicos Anastasiades, undeniably one of the prominent political figures in the region, has faced criticism after many years in the Presidency, which, in some cases, rightly exceeded the boundaries of political deconstruction. ...

 |  OPINION
EC challenges 5% VAT proposal for primary residences

EC challenges 5% VAT proposal for primary residences

Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....

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EU launches innovative support center for Green Line trade

EU launches innovative support center for Green Line trade

The European Commission has announced the establishment of an information and support center, in collaboration with the Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (TCCC), to facilitate legal trade across the Green Line for Cypriot businesses and individuals....

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Unleashing potential through a revised recovery plan

Unleashing potential through a revised recovery plan

The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....

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Divestments trigger a risk of backlash in the Recovery Fund

Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

 |  BUSINESS
Nicosia gathers oil companies for sales pitch

Nicosia gathers oil companies for sales pitch

Τhe main points of the government's energy strategy will be presented to representatives of companies involved internationally in the natural gas and electricity supply chain, during a two-day workshop titled 'The Cyprus Gateway: Natural Gas to Power and Liquefaction' taking place on Monday and Tuesday, in Nicosia...

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Take cover! High dust concentrations pose health risks

Take cover! High dust concentrations pose health risks

According to the Department of Labour Inspection, high concentrations of dust are currently being observed on Monday....

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Blackamoor reference gets lawmaker in trouble

Blackamoor reference gets lawmaker in trouble

Cypriot lawmakers are crying foul over a social media post by a controversial colleague after his comment about a female pro-LGBTQI parliamentarian with a reference to 'three black men' was described as 'vulgar' and 'racist'...

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Erdogan wins Turkish election

Erdogan wins Turkish election

President Recep Tayyip Erdogan has won Turkey’s presidential election, defeating opposition leader Kemal Kilicdaroglu in Sunday’s runoff vote and stretching his rule into a third decade...

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Bank of Cyprus now leads region in creditworthiness, according to Moody’s. File photo
BUSINESS

Moody’s upgrades Bank of Cyprus to A3

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Police bust Land Registry corruption ring

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