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12° Nicosia,
11 January, 2025
 

News Stream

Cyprus-Crete electricity link should cut costs by 20-25%

Cyprus-Crete electricity link should cut costs by 20-25%

The Cyprus-Crete electricity interconnection project could reduce electricity costs by 20-25%, according to Cyprus Energy Minister George Papanastasiou. ...

Inflation slows as August sees small price increases

Inflation slows as August sees small price increases

Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July. The Consumer Price Index (CPI), which measures the cost of living, went up slightly from 117.73 to 118.10....

Parliament in turmoil over Great Sea Interconnector

Parliament in turmoil over Great Sea Interconnector

Cyprus is facing significant political upheaval over the Great Sea Interconnector, a major project intended to bring affordable electricity to the island. With the decision deadline looming tomorrow, there is still no scheduled Cabinet meeting to finalize the issue....

Pharmacies to end after-hour and weekend services amid dispute

Pharmacies to end after-hour and weekend services amid dispute

In a recent decision, the Pancyprian Pharmaceutical Association (PFA) has announced that it will no longer compile the lists for pharmacies that offer after-hours and weekend services. This move comes as a response to ongoing disputes over working hours and part-time regulations....

The price of 'green': How the poor subsidize the rich’s environmental perks

The price of 'green': How the poor subsidize the rich’s environmental perks

''Fortunately, crumbs are falling from the tables of the rich, so we don't starve to death,'' lamented a long-suffering, honest, and somewhat ''naive'' man....

Additional benefits for new parents at Lidl Cyprus

Additional benefits for new parents at Lidl Cyprus

As of July 1, 2024, Lidl Cyprus proceeded with additional benefits for the new parents working for its group. ...

248 air conditioners to be installed in 10 Larnaca schools

248 air conditioners to be installed in 10 Larnaca schools

The installation of air conditioners in ten schools across the Larnaca district has begun, with a total of 248 units planned for the first phase of the project....

New prison to be built by 2027, Menoyia to be dedicated to minors

New prison to be built by 2027, Menoyia to be dedicated to minors

The construction of a new Central Prison building, set for completion in 2027, and the conversion of the Menoyia facilities into a detention center for children were approved by the Cabinet, Justice Minister Marios Hartsiotis announced Wednesday evening....

UK's first teacherless GCSE class begins

UK's first teacherless GCSE class begins

David Game College in London is set to start the UK’s first "teacherless" GCSE course this September, where artificial intelligence (AI) will replace human teachers....

Cabinet to make final call on power link funding today

Cabinet to make final call on power link funding today

The Cyprus Cabinet is meeting today to finalize decisions on the financing of the Cyprus-Greece electricity interconnection project, known as the Great Set Interconnector. ...

Australia gives workers the right to ignore after-hours work messages

Australia gives workers the right to ignore after-hours work messages

Australia has implemented a new ''right to disconnect'' law, allowing employees to ignore work calls and messages after hours without fear of repercussions. The law aims to protect workers from the expectation of being always available...

Cyprus unemployment drops by 8.9% in August

Cyprus unemployment drops by 8.9% in August

The number of registered unemployed people in Cyprus dropped by 8.9% in August compared to the same month last year, according to data from the Statistical Service of Cyprus (CyStat). This marks a decrease of 1,177 people, bringing the total number of unemployed to 12,079....

Sun's back, but storms still lurking!

Sun's back, but storms still lurking!

It seems Mother Nature has her own sense of humor. Just as we were getting used to those cooling showers and a brief respite from the heat, she decided to turn up the thermostat once more. But hey, let's take it in stride—after all, a little sunshine never hurt anyone!...

Electricity link faces delays as Cabinet postpones decision

Electricity link faces delays as Cabinet postpones decision

At an extraordinary meeting tomorrow, the Cabinet will discuss the Cyprus-Crete electricity interconnection project and the agreement in principle reached between Athens and Nicosia last Monday. ...

Tesla unveils feature called 'Actually Smart Summon' or ASS for short

Tesla unveils feature called 'Actually Smart Summon' or ASS for short

This feature was supposed to be available two years ago but faced several delays. The launch comes after Tesla switched to a system that relies only on cameras, which temporarily affected some of its driver-assist features....

SBA police urge vigilance amid rise in thefts

SBA police urge vigilance amid rise in thefts

The Sovereign Base Area Police are warning farm, home and business owners to be vigilant in securing their properties, following a recent surge in acquisitive crime, mostly theft....

The Cyprus problem: Confronting the end of an era

The Cyprus problem: Confronting the end of an era

I've said many times that the Cyprus problem effectively ended in 2017. Now, we're in a new phase that hasn't yet made clear if we're dealing with the ''ghost'' of a dead issue or the birth of a new reality. ...

Chevron and partners propose $4 billion plan for Aphrodite gas field

Chevron and partners propose $4 billion plan for Aphrodite gas field

Chevron and its partners, Shell and NewMed Energy, have put forward a new $4 billion plan to develop the Aphrodite gas field off Cyprus,...

Cyprus launches new program for troubled students

Cyprus launches new program for troubled students

Cyprus is trying something new this October to help students with severe behavior issues....

Cyprus faces surge in online scams

Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

Cyprus homebuyers favor apartments

Cyprus homebuyers favor apartments

Homebuyers in Cyprus are showing a growing interest in buying apartments, according to a new report. ...

Christodoulides backs Eurobank's big move into India

Christodoulides backs Eurobank's big move into India

President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....

Slovak Ambassador stresses key role in Cyprus peace

Slovak Ambassador stresses key role in Cyprus peace

Slovak Ambassador Martin Bezák highlighted Slovakia's significant role in promoting peace and security in Cyprus during an event celebrating the Constitution Day of the Slovak Republic. ...

AEGEAN announces a €25M Investment in Volotea

AEGEAN announces a €25M Investment in Volotea

Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....

US West Coast braces for 49°C heat as Phoenix breaks 100-day streak record

US West Coast braces for 49°C heat as Phoenix breaks 100-day streak record

The U.S. West Coast is bracing for extreme heat this week, with temperatures in desert areas expected to soar as high as 49 degrees Celsius. Phoenix, Arizona, is likely to extend its record streak of 100 days with temperatures over 38 degrees Celsius, according to forecasts released Tuesday....

Two aftershocks follow 4.9-magnitude earthquake off Cyprus coast

Two aftershocks follow 4.9-magnitude earthquake off Cyprus coast

Two aftershocks have been recorded following a 4.9-magnitude earthquake off the coast of Cyprus that occurred last night, according to Christodoulos Hadjigeorgiou, Director of the Geological Survey Department....

Finally, a bit of a break from the oven!

Finally, a bit of a break from the oven!

Good news, folks—Mother Nature finally decided to sprinkle some relief on our sun-baked island! After weeks of feeling like we're living on the surface of the sun, a seasonal low-pressure system and some unstable air are bringing us a bit of that sweet, sweet rain. Get ready to embrace those cooler vibes!...

Athens and Nicosia reach tentative agreement on energy project

Athens and Nicosia reach tentative agreement on energy project

According to a report by Kathimerini's Apostolos Tomaras, a tentative agreement between Athens and Nicosia, backed by the European Commission, has eased uncertainty surrounding a significant energy project. ...

Cyprus sees higher borrowing costs, lower deposit rates in July

Cyprus sees higher borrowing costs, lower deposit rates in July

Interest rates on consumer loans and mortgages in Cyprus increased in July, according to the Central Bank of Cyprus (CBC). The rate for consumer credit climbed to 6.67% from 6.18% in June, while the rate for home loans rose to 4.59% from 4.52%....

New test detects prostate cancer in 15 minutes

New test detects prostate cancer in 15 minutes

Researchers at Ashton University in Birmingham have developed a new diagnostic test that can detect prostate cancer in less than 15 minutes with up to 90% accuracy, offering a potentially faster and more reliable screening method....

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