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12° Nicosia,
01 November, 2024
 

News Stream

Cypriot banks slash Eurosystem funding by €2.6 billion

Cypriot banks slash Eurosystem funding by €2.6 billion

Cypriot banks have almost zeroed funding from the Eurosystem via the Targeted Long-Term Refinancing Operations (TLTRO), with the latest data by the Central Bank of Cyprus (CBC) showing repayments amounting to €2.6 billion....

New findings reveal life on Cyprus’ northwest coast 4,000 years ago

New findings reveal life on Cyprus’ northwest coast 4,000 years ago

More information has been revealed about the Chalcolithic period and the Bronze Age on the island’s northwest coast during excavations at the Makounta-Voules Archaeological project in the Paphos district....

Tatar advocates strengthening of security forces in occupied Cyprus

Tatar advocates strengthening of security forces in occupied Cyprus

Turkish Cypriot leader Ersin Tatar has voiced support for bolstering the "security forces" in the self-declared Turkish Republic of Northern Cyprus, claiming that these forces have evolved into a "regular army" since 1976. ...

Cyprus banks set for major changes in September

Cyprus banks set for major changes in September

September will bring significant shifts for Cyprus's two largest banks....

Why Fidias’ unity message is polarizing

Why Fidias’ unity message is polarizing

Let me clarify from the outset: I do not align with those who view Fidias’s presence in politics as a healthy development, nor do I support the notion that his election represents a "revolutionary" challenge to the failures of our political system....

Obama warns against Trump’s return, urges support for Harris

Obama warns against Trump’s return, urges support for Harris

Barack and Michelle Obama, Chicago’s iconic power couple, energized the Democratic National Convention by declaring "hope is making a comeback" with Vice President Kamala Harris and Minnesota Governor Tim Walz leading the party's presidential ticket....

Temperatures expected to reach 40°C

Temperatures expected to reach 40°C

The Department of Meteorology issued a yellow weather warning on Tuesday, predicting temperatures will soar to 40°C in the interior on Wednesday....

Historic Democratic Convention kicks off with Biden passing the torch to Harris

Historic Democratic Convention kicks off with Biden passing the torch to Harris

The Democratic National Convention began on Monday, marking a historic moment as President Joe Biden passed the torch to Vice President Kamala Harris, who is now the party's presidential nominee....

Cyprus inflation slows to 2.4% in July

Cyprus inflation slows to 2.4% in July

Consumer prices in Cyprus are rising more slowly, with the annual inflation rate dropping to 2.4% in July, down from 3% in June, according to the Statistical Service of Cyprus (Cystat)....

Cyprus sees unprecedented 80% drop in asylum applications

Cyprus sees unprecedented 80% drop in asylum applications

Cyprus experienced a sharp reduction in first-time asylum applications in May 2024, marking an over 80% decrease from the previous month, according to data released by Eurostat. ...

Gold hits historic $1 million per bar milestone

Gold hits historic $1 million per bar milestone

For the first time, the value of a gold bar has reached $1 million. ...

Ukraine intensifies fight against illicit tobacco trade

Ukraine intensifies fight against illicit tobacco trade

The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...

Global uncertainty looms as Biden's final months approach

Global uncertainty looms as Biden's final months approach

Five months remain until the next US president is sworn in. Five very fluid and dangerous months. Everyone knows that President Joe Biden is on his way out. His power and influence are waning with each passing day....

World’s oldest person Maria Branyas dies at 117

World’s oldest person Maria Branyas dies at 117

Maria Branyas, an American-born Spaniard and the world's oldest person at 117, has passed away, her family announced....

Cyprus finalizes 2025 budget with focus on export growth

Cyprus finalizes 2025 budget with focus on export growth

The Council of Ministers is set to finalize discussions on the 2025 state budget by mid-September, as confirmed by Finance Minister Makis Keravnos. ...

Ukrainian refugees master English the Mr. Bean way

Ukrainian refugees master English the Mr. Bean way

At Keighley College in West Yorkshire, laughter fills the classroom as students watch Rowan Atkinson's Mr. Bean struggle through a dentist visit....

EU Commissioner salaries: Over €310,000 a year

EU Commissioner salaries: Over €310,000 a year

As the European Commission prepares to unveil its 26 new Commissioners, Cyprus has nominated former Minister and Professor Kostas Kadis for the role....

Record 6.6 million passengers from January to July 2024

Record 6.6 million passengers from January to July 2024

A total of 6.6 million passengers traveled through Cyprus' airports from January to July this year while according to Hermes Airports, passenger traffic in August is expected to surpass 1.5 million people....

Officials to remove 2,500 speed bumps across the island

Officials to remove 2,500 speed bumps across the island

Transport Minister Alexis Vafeades announced that 13 speed bumps have been removed out of the 113 that were approved for removal by the relevant committee. ...

Russian consulate in occupied Cyprus serves its 10,000th visitor

Russian consulate in occupied Cyprus serves its 10,000th visitor

Russia has opened a new consulate office in the Turkish-occupied northern part of Cyprus to serve its growing expatriate community, which now numbers more than 50,000. ...

Christodoulides criticized for inconsistent policy on Turkey’s EU role

Christodoulides criticized for inconsistent policy on Turkey’s EU role

On February 2-3, 2024, the Belgian presidency of the Council of the European Union hosted an informal meeting of Foreign Ministers, known as the Gymnich, in Brussels....

Limassol’s recurring pollution problem: Calls for stronger government action

Limassol’s recurring pollution problem: Calls for stronger government action

A recurring pollution problem in the Limassol sea has once again provoked strong reactions from citizens, highlighting a lack of coordination among state departments. ...

Lynch’s co-defendant killed in car crash before yacht tragedy in Sicily

Lynch’s co-defendant killed in car crash before yacht tragedy in Sicily

Stephen Chamberlain, the former vice president of finance at Autonomy, was struck and killed by a car while jogging on Saturday, just days before his co-defendant, British tech tycoon Mike Lynch, went missing after a yacht sank off the coast of Sicily....

What a federation means for Cyprus’ EU status

What a federation means for Cyprus’ EU status

We say Cyprus is an indivisible, unified, consubstantial state that could become a federation....

World Mosquito Day: Deadly dengue surges worldwide

World Mosquito Day: Deadly dengue surges worldwide

World Mosquito Day, observed annually on August 20, serves as a crucial reminder of the dangers posed by mosquito-borne diseases and the ongoing global efforts to combat them....

Slight cooling expected as temperatures hold steady

Slight cooling expected as temperatures hold steady

The heatwave eases slightly today, with temperatures staying just under the 40-degree mark....

Why we failed as a country

Why we failed as a country

In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...

Over 40,000 Palestinians killed since October 7th

Over 40,000 Palestinians killed since October 7th

The death toll in Gaza has surpassed 40,000 as Israel's relentless military campaign continues to decimate the region, according to reports from Gaza's health authorities. ...

Dog abandonment and neglect on the rise in Cyprus

Dog abandonment and neglect on the rise in Cyprus

Dog abandonment and neglect in Cyprus are getting worse, with shelters struggling to keep up. Volunteers at local shelters say they are seeing more and more dogs being abandoned, not just in the summer, but all year round....

British tech mogul Mike Lynch missing after superyacht sinks in freak Sicilian storm

British tech mogul Mike Lynch missing after superyacht sinks in freak Sicilian storm

British tech magnate Mike Lynch and five others remain missing after their luxury superyacht sank during a freak storm off the coast of Sicily early Monday, Italian authorities reported. ...

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