CLOSE
Loading...
12° Nicosia,
05 October, 2024
 

News Stream

Christodoulides ‘most probably’ to attend coronation

Christodoulides ‘most probably’ to attend coronation

Cypriot President Nikos Christodoulides has been invited to attend the official coronation ceremony of King Charles, with sources saying he will ‘most probably’ attend...

Altia: New Portfolio under Management

Altia: New Portfolio under Management

Altia, the fastest growing property company in Cyprus, officially announces the management of a new real estate package known as "Starlight" which will be added to the existing portfolio managed by the company....

Washington targets Russian enablers in Cyprus

Washington targets Russian enablers in Cyprus

A US list further curbing Russia’s access to the international financial system through facilitators and their businesses includes Cypriot nationals and Cypriot businesses...

Kaili to go home after denying all charges

Kaili to go home after denying all charges

Greek MEP Eva Kaili, the former European Parliament vice president accused of corruption, is said to be released from custody while still facing charges, with her lawyers saying he would not admit to crimes she did not commit...

Cyber gang badgers Cypriot university to cough up $100K

Cyber gang badgers Cypriot university to cough up $100K

The notorious Medusa ransomware gang is asking for $100,000 from Open University of Cyprus following a cyberattack on the institution’s digital platforms, with data samples already leaked online to prove they are not kidding...

Three major concerns of ECB regarding Cypriot banks

Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

Two Cypriots sanctioned by UK over links to Russian oligarchs

Two Cypriots sanctioned by UK over links to Russian oligarchs

The British government has added two Cypriots to its sanctions list due to their professional connections with Russian oligarchs Roman Abramovich and Aliyev Ushmanov. ...

K. Treppides & Co Ltd: Sustainable Finance

K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

Government continues measures to counter inflationary pressures

Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

From troublesome youth to social responsibility

From troublesome youth to social responsibility

In my youth, I was what you would call a troublesome young man who loved firecrackers. It wasn't just because of where I grew up in my mother's village in Greece, where military history was celebrated, and almost all of my family's ancestors had died for faith and country, from Orlofika to the Korean Expeditionary Force....

Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

Italy declares state of emergency

Italy declares state of emergency

To deal with the recent influx of migrants arriving on the southern shores of Italy, the country's right-wing government has announced a six-month nationwide state of emergency....

Greek banks freeze mortgage installments for 12 Months

Greek banks freeze mortgage installments for 12 Months

Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....

Bookings for Cyprus countryside accommodation rise during Easter holidays

Bookings for Cyprus countryside accommodation rise during Easter holidays

According to official data released by the Deputy Ministry of Tourism, bookings for countryside accommodation in Cyprus increased during the Easter holiday season....

Government casual staff up, permanent down 3.3%

Government casual staff up, permanent down 3.3%

Total government employment decreased by 3.3% in March 2023, compared to March 2022, according to data published by the Statistical Service on Tuesday. Total persons employed by the Government amounted to 1,778 and reached 52,103 persons...

Rome reportedly okays Lukoil sale to Cypriot firm

Rome reportedly okays Lukoil sale to Cypriot firm

Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...

Houses for sale by AstroBank

Houses for sale by AstroBank

Ideal as holiday homes, primary residences, or as an investment...

Cyprus IP Day – Celebrating innovation and creativity

Cyprus IP Day – Celebrating innovation and creativity

On April 26th, 2023 Cyprus Intellectual Property (IP) Day will bring together acclaimed local and international speakers and IP experts sharing their insights and expertise on the importance of identifying, managing and protecting ones Intellectual Property. ...

Servers gradually back online after water leak

Servers gradually back online after water leak

The government servers are gradually operating again as of Tuesday evening following the water leak at a basement next to the room where they are located at the Ministry of Finance. The leak was noticed on Monday afternoon and all the systems were shut down as a precaution. Efforts immediately began to restore and assess the damage...

Second driver in fatal double hit and run sentenced

Second driver in fatal double hit and run sentenced

A man who was found guilty of manslaughter in a double hit and run fatality in Paphos was sentenced to six years in prison on Tuesday, with police still unable to locate the first car that struck the local woman unconscious...

Finance Ministry says viral photo of server room is 'fake news'

Finance Ministry says viral photo of server room is 'fake news'

A photo that has gone viral on social media shows a supposed flooded server room at the Ministry of Finance, which caused the shutdown of several government websites on Monday....

Bunny with a badge: Rabbit joins police force in California

Bunny with a badge: Rabbit joins police force in California

The Yuba City Police Department in northern California includes a SWAT team, an anti-gang unit, a canine unit with three active dogs — and a rabbit....

U.S. scrambles to reassure allies after Ukraine intel leak

U.S. scrambles to reassure allies after Ukraine intel leak

Senior U.S. officials are scrambling to address concerns and questions from allies in Europe, the Middle East, and Ukraine following the leak of highly classified information about the war in Ukraine and other global issues. ...

IMF projects steady GDP growth for Cyprus in 2023

IMF projects steady GDP growth for Cyprus in 2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

Benefit payments: Ministry allows paper applications after server failure

Benefit payments: Ministry allows paper applications after server failure

The Ministry of Labour and Social Insurance has issued a response to the recent issue of their websites being temporarily down on Monday. The Ministry has informed the public that payments can still be made by cheque or cash at their local District Social Insurance Offices....

EU calls on aspiring journalists to train in Brussels

EU calls on aspiring journalists to train in Brussels

The European Commission has announced that it has launched a call for journalism students and young journalists to participate in Youth4Regions, an EU program for budding journalists that includes a week of training in Brussels....

Major fuel companies accused of violating competition law in Cyprus

Major fuel companies accused of violating competition law in Cyprus

Today, the Cyprus Association of Petrol and Liquid Fuels Distributors filed a complaint against four major fuel companies: Petrolina, EKO Cyprus, Coral Energy Products Cyprus, and ExxonMobil Cyprus. The complaint accuses these companies of violating the Competition Protection Law of 2022....

Cypriots aren't shying away from trendy Easter getaways

Cypriots aren't shying away from trendy Easter getaways

Cypriots seem to have resumed their travels vigorously, with many of our fellow citizens opting for long getaways for the Easter holidays. Speaking to K, Acta's spokesman, Harris Papacharalambous, said that demand is at pre-coronavirus levels for both inbound and outbound travel....

Dead loved ones could be uploaded to your computer by end of year

Dead loved ones could be uploaded to your computer by end of year

You may soon be able to catch up with friends and relatives who have passed away — on your computer....

Government websites down after waterleak at Finance Ministry

Government websites down after waterleak at Finance Ministry

Efforts are underway since Monday afternoon to repair and assess the damage caused by a water leak from a tank adjacent to the room where the servers that provide internet access for the entire government hub are located at the Ministry of Finance....

X