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12° Nicosia,
19 June, 2025
 

News Stream

Russia blames US for drone attack

Russia blames US for drone attack

Russia attacked several Ukrainian cities with explosive drones overnight, though Ukraine said Thursday that it had managed to shoot most of them down. Russia called the attack payback for what it claims was an alleged attempt by Ukraine to attack the Kremlin in Moscow using drones on Wednesday....

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EU gives €60-80m to fund Hellenic defense systems

EU gives €60-80m to fund Hellenic defense systems

As part of the moves to strengthen the European defense industry, based on the increased need for defense equipment resulting from the war in Ukraine,...

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EU commissioner and Cyprus AG discuss strengthening rule of law and sanctions

EU commissioner and Cyprus AG discuss strengthening rule of law and sanctions

The Attorney General of Cyprus, George Savvidis, met with the Commissioner of Justice of the European Union, Didier Reynders, on Thursday at the Legal Service to discuss several topics of mutual concern. Subtitle: Didier Reynders and George Savvidis meet to discuss strengthening the Office of the Attorney General, reviewing decisions made under Cyprus Investment Program, and imposing sanctions against Russian and Belarusian entities in Cyprus....

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Kilicdaroglu's visa-free travel pledge to Europe unlikely to happen soon

Kilicdaroglu's visa-free travel pledge to Europe unlikely to happen soon

The pledges of the Turkish Presidential Candidate, Kemal Kilicdaroglu, made last month regarding visa-free travel with Europe within three months may not become a reality any time soon after German officials denied such claims....

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Police impersonation scam alert!

Police impersonation scam alert!

The police are urging the public to be extra cautious following new reports and complaints of a scam that continues to be perpetrated with the aim of stealing money....

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Application submitted to ''real estate committee'' for three Varosha hotels

Application submitted to ''real estate committee'' for three Varosha hotels

According to Yeni Bakis, the person who claimed to have bought three hotels in Varosha submitted an application to the ''real estate committee'' yesterday. ...

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Paris supports dialogue on Cyprus issue

Paris supports dialogue on Cyprus issue

President Christodoulides' visit to Paris to meet with French President Emmanuel Macron confirms the excellent level of bilateral relations between Cyprus and France. ...

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Brace yourself for rain and a drop in temperatures

Brace yourself for rain and a drop in temperatures

Today, the area is under the influence of weak high pressure, resulting in mostly clear skies but occasional medium and high clouds. The winds will blow mainly from the northeast to southeast, with a strength of around 3 on the Beaufort scale,...

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Chevron pushes forward with Cyprus tricky move

Chevron pushes forward with Cyprus tricky move

Chevron has reportedly started drilling a key appraisal well offshore Cyprus, a development mired in geopolitical controversy over the ethnically-split island as well as neighbor relations...

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Commissioner in Cyprus to probe Russian asset freeze

Commissioner in Cyprus to probe Russian asset freeze

Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...

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Vulture from Spain dies of electrocution in Cyprus

Vulture from Spain dies of electrocution in Cyprus

A vulture born in Spain and released in Cyprus to help repopulate the island was tragically killed on Sunday, when the magnificent bird collided with power lines in Limassol...

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Building land for sale by AstroBank

Building land for sale by AstroBank

AstroBank is selling building land in various districts of Cyprus such as Paphos, Larnaca, Famagusta, and Nicosia....

 |  BUSINESS
Green Line border agents get ready for action

Green Line border agents get ready for action

Over two hundred Green Line border agents will report on duty later this month on the Greek Cypriot side of the UN buffer zone, but the newly-hired sergeants will only focus on irregular migrants, leaving drug trafficking and other crimes off the agenda...

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Moscow accuses Kyiv of trying to assassinate Putin

Moscow accuses Kyiv of trying to assassinate Putin

President Vladimir Putin's office reported that Ukraine carried out two drone attacks overnight with the intention of hitting the Russian President's Kremlin residence....

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Macron affirms support on Cyprus problem

Macron affirms support on Cyprus problem

The President of France, Emmanuel Macron, expressed his support to the President of the Republic of Cyprus, Nikos Christodoulides, regarding the national problem....

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EU court rejects appeals against use of BBQLOUMI and GRILLOUMI

EU court rejects appeals against use of BBQLOUMI and GRILLOUMI

The General Court of the EU rejected two appeals made by the Foundation for the Protection of Traditional Cheese named Halloumi against the use of BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden....

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14-year-old kills 8 classmates and security guard in Belgrade

14-year-old kills 8 classmates and security guard in Belgrade

A 14-year-old boy opened fire in his Belgrade classroom on Wednesday morning, shooting dead eight fellow pupils and a security guard in a pre-planned attack and wounding seven others, Serbian officials said....

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US McDonald's franchisee employed two 10-year-olds, broke labor laws

US McDonald's franchisee employed two 10-year-olds, broke labor laws

A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....

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Dr Charis Savvides joins Grant Thornton Cyprus

Dr Charis Savvides joins Grant Thornton Cyprus

Grant Thornton Cyprus is pleased to announce that Dr Charis Savvides joined the Firm as the Funds and Regulatory Compliance Services Leader. This appointment is part of the Firm’s strategic plans to enhance its advisory offering and at the same time, to meet growing client demands....

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Expanding Profitability and Strengthening Capital Position

Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

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Here comes the Digital Euro!

Here comes the Digital Euro!

The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...

 |  OPINION
Astrobank: 'Reward' plan for good borrowers

Astrobank: 'Reward' plan for good borrowers

Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....

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Police enforcing smoking ban in closed spaces

Police enforcing smoking ban in closed spaces

Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....

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141 million people have passed through barricades in 20 years

141 million people have passed through barricades in 20 years

The Press and Information Office reported that, according to an April 29 article from the Halkin Seshi newspaper, a grand total of 141 million individuals have traversed the barricades towards the occupied or free areas since the opening on April 23, 2003....

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Employers and trade unions clash over CoLA index proposal

Employers and trade unions clash over CoLA index proposal

Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....

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Sexual harassment now a separate disciplinary offence in police and fire brigade

Sexual harassment now a separate disciplinary offence in police and fire brigade

The Council of Ministers unanimously approved a proposal from the Ministry of Justice and Public Order to classify sexual harassment as a separate disciplinary offense in the Police and Fire Brigade. The decision was made during a meeting held on Tuesday....

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Temperature to rise to 30 degrees today

Temperature to rise to 30 degrees today

The temperature is set to reach 30 degrees in the interior today, Wednesday 3/5, while the weather will be predominantly clear with occasional high clouds....

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Banks announce measures on interest rates

Banks announce measures on interest rates

Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....

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Cyprus' 2022 household assets reach €59.7B, debt at €20B

Cyprus' 2022 household assets reach €59.7B, debt at €20B

In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....

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More details and questions emerge in disappearance case

More details and questions emerge in disappearance case

New developments and more questions emerged on Tuesday in the disappearance of a Limassol man after police re-arrested the main suspect hours before his remand expired, with reports saying the judge heard about new incriminating statements from other jailed suspects...

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Acquisition to create Cyprus’ third-largest bank with strengthened loan portfolio and capital base. File photo
BUSINESS

Alpha Bank Cyprus to acquire Astrobank in €200 million deal

Next Topic
A helicopter at Akrotiri British bases in Limassol.
NEWS

U.S. may ask UK to open Cyprus base for Iran operations

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