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12° Nicosia,
18 May, 2025
 

News Stream

Cyprus projects €1.13 billion fiscal surplus for 2025

Cyprus projects €1.13 billion fiscal surplus for 2025

Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...

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Olive oil and potato prices surge in Cyprus by over 50%

Olive oil and potato prices surge in Cyprus by over 50%

Olive oil and potatoes saw the largest annual price increases in September 2024, surging by 61.3% and 57.7% respectively, according to data from the Cyprus Consumer Association....

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Cypriots evacuated from Lebanon with help from Greek Air Force (vid)

Cypriots evacuated from Lebanon with help from Greek Air Force (vid)

A Greek Air Force C-130 aircraft arrived in Cyprus on Thursday, safely evacuating 38 Cypriot citizens from Lebanon, following a request through the Embassy of the Republic of Cyprus in Beirut....

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Weekend warm-up: Clear skies and sunshine ahead!

Weekend warm-up: Clear skies and sunshine ahead!

Good morning and happy Friday! Here's your weekend weather update:...

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Activists call on Parliament to address police behavior during protest

Activists call on Parliament to address police behavior during protest

Giorgos Tattis and Oz Karahan are scheduled to appear in court on November 18 following their arrest on Tuesday morning, October 1......

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Iris the sea crow sets record with 500-kilometer journey across Cyprus

Iris the sea crow sets record with 500-kilometer journey across Cyprus

In a surprising and unprecedented journey, Iris, a young Sea Crow fitted with a satellite transmitter in February, has stunned researchers by covering nearly 500 kilometers across Cyprus in just three days....

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New flights from Lebanon for UK nationals, with boat routes to Cyprus

New flights from Lebanon for UK nationals, with boat routes to Cyprus

More charter flights are expected throughout the day to evacuate British nationals from Lebanon, according to the UK Foreign Office, which described the number of flights as "limited." ...

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Cyprus must embrace unity to find peace, says UN official

Cyprus must embrace unity to find peace, says UN official

''If we hope for a settlement to the Cyprus issue, Cypriots must learn to live together on the island again,'' says UN Official Colin Stewart....

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Property sales in Cyprus hit €20.9M in August, Limassol leads with €5.4M home

Property sales in Cyprus hit €20.9M in August, Limassol leads with €5.4M home

The 10 most expensive property sales across Cyprus in August totaled €20.9 million, with the highest transaction being a house in Ayios Tychonas, Limassol, sold for €5.4 million, according to data from Ask Wire....

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Inflation slows to 0.7% in September due to falling oil prices

Inflation slows to 0.7% in September due to falling oil prices

Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....

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House prices in Cyprus rise 2.5% year-on-year in Q2 2024

House prices in Cyprus rise 2.5% year-on-year in Q2 2024

Τhe House Price Index for the second quarter of 2024 amounts to 112.86 units, according to preliminary estimate of the Statistical Service. Compared to the Index of the corresponding quarter of 2023, the Index increased by 2.5%. ...

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Delays continue to hit GSP square, Nicosia’s future urban hub

Delays continue to hit GSP square, Nicosia’s future urban hub

According to a report by Kathimerini's Dorita Yiannakou, Nicosia residents have been eagerly awaiting the completion of the city’s largest public square and green spaces, a redevelopment of the old GSP stadium that has been delayed by over a year....

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Greece braces for uncontrolled migration amid Middle East crisis

Greece braces for uncontrolled migration amid Middle East crisis

Greece is bracing for a potential wave of uncontrolled migration, a concern highlighted during Wednesday’s meeting of the country’s National Security Council (KYSYEA)....

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45 Cypriots set to return from Lebanon via Greek military aircraft

45 Cypriots set to return from Lebanon via Greek military aircraft

Forty-five Cypriots have expressed interest in being repatriated from Lebanon, according to Theodoros Gotsis, Press Spokesman for the Ministry of Foreign Affairs....

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SPP Media Goes Pink for October

SPP Media Goes Pink for October

October is Breast Cancer Awareness Month, a time dedicated to raising awareness about the importance of prevention and early detection. The pink ribbon, a symbol of the cause, is a reminder of the global fight against breast cancer....

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Cyprus Central Bank raises 2024 GDP growth forecast to 3.5%

Cyprus Central Bank raises 2024 GDP growth forecast to 3.5%

The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East. ...

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Cyprus President heads to UN talks with Guterres, Tatar

Cyprus President heads to UN talks with Guterres, Tatar

President Nikos Christodoulides will meet with the UN Secretary General Antonio Guterres and the Turkish Cypriot leader Ersin Tatar in New York on October 15, Deputy Government Spokesperson Yiannis Antoniou told CNA on Thursday morning....

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KEDIPES extends business plan to 2030 for full repayment of state aid

KEDIPES extends business plan to 2030 for full repayment of state aid

The Cyprus Asset Management Company (KEDIPES) has extended its business plan by three years, pushing its timeline to 2030, with the goal of fully repaying the €3.54 billion in state aid received in 2018....

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Israeli airstrike hits Beirut, killing six in escalating conflict

Israeli airstrike hits Beirut, killing six in escalating conflict

Israel bombed central Beirut early Thursday, killing at least six people, following its deadliest day on the Lebanese front in a year of clashes with Hezbollah. ...

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Warm days ahead

Warm days ahead

A weak high-pressure system is affecting the region today, bringing mostly clear skies with the possibility of locally increased clouds in the afternoon....

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Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

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Cyprus’ dirty waste secret haunts ex-Minister eyeing EU job

Cyprus’ dirty waste secret haunts ex-Minister eyeing EU job

A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....

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Google to participate as supporter and speaker at Digital Agenda Cyprus Summit 2024

Google to participate as supporter and speaker at Digital Agenda Cyprus Summit 2024

The organizing committee of the Digital Agenda Cyprus Summit is pleased to announce Google's participation as an official supporter of the 2024 summit. Enrico Ciampini, a senior executive at Google Europe based in Milan...

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Avvakoum: Synodal Court removes two monks amid misconduct allegations

Avvakoum: Synodal Court removes two monks amid misconduct allegations

The Synodal Court of the Church of Cyprus has removed Archimandrites Nektarios and Porphyrios from their positions following allegations related to financial and moral misconduct at the Holy Monastery of Saint Abbacum. ...

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Cyprus banks hike mortgage rates as new loans drop by a third in August

Cyprus banks hike mortgage rates as new loans drop by a third in August

Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....

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VP candidates' mics turned off over migration dispute

VP candidates' mics turned off over migration dispute

Vice presidential debates were held last night, but a notable incident occurred when microphones were muted during a heated exchange over migration....

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Government terminates e-Justice contract after failures

Government terminates e-Justice contract after failures

A termination letter was sent today (October 2) by the relevant State Ministry, following consultations with the Legal Service, to officially end the contract for the e-justice system due to issues that arose last January. According to reports, the ministry will initiate legal action against the contractor....

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Why Cyprus is not at risk from Iran's ballistic missiles

Why Cyprus is not at risk from Iran's ballistic missiles

The recent escalation between Israel and Iran—marked by Tehran’s ballistic missile attack on Israel Tuesday night—and the ongoing conflict in Lebanon have raised concerns for the Republic of Cyprus....

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Israel declares UN Secretary-General 'persona non grata' over Iran attack response

Israel declares UN Secretary-General 'persona non grata' over Iran attack response

Israeli Foreign Minister Israel Katz announced today that UN Secretary-General Antonio Guterres has been declared ''persona non grata'' in Israel, accusing him of not condemning the massive missile attack launched by Iran against Israel last Tuesday....

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Education Ministry expands security guard program to all high schools

Education Ministry expands security guard program to all high schools

The Government has decided to place security guards in all high schools across the country, Education Minister Athena Michaelidou announced today....

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Legislation aims to deepen U.S.-Cyprus ties, boost regional infrastructure, and support alternatives to Beijing’s global expansion. Photo credit: Unsplash
BUSINESS

New U.S. bill eyes Cyprus as key player in countering China’s Belt and Road

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Tests confirm clean water following British Bases’ pollution alert. File photo
NEWS

No pollution found at Lady’s Mile beach, Environment Department confirms

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