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12° Nicosia,
15 May, 2026
 

News Stream

The 'Great Sea Interconnector' will cut electricity costs by 30%

The 'Great Sea Interconnector' will cut electricity costs by 30%

Minister of Energy, Commerce, and Industry George Papanastasiou is set to meet with the management of Greece's Independent Power Transmission Operator (ADMIE) on Thursday to receive a comprehensive Cost and Benefit Analysis (CBA) for the Great Sea Interconnector (GSI) project, linking Cyprus, Greece, and Israel....

 |  BUSINESS
Cyprus tourism faces €25 million Hit

Cyprus tourism faces €25 million Hit

The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...

 |  BUSINESS
Cyprus advances road safety with Intelligent Transport Systems

Cyprus advances road safety with Intelligent Transport Systems

In a bid to modernize its main road network and bolster transport safety, Cyprus is rolling out state-of-the-art intelligent transport systems (ITS) across key routes. ...

 |  NEWS
Retired Cypriot police officer wanted in Metamax pyramid scheme

Retired Cypriot police officer wanted in Metamax pyramid scheme

Authorities in Cyprus are actively seeking a 63-year-old Greek Cypriot resident of Limassol in connection with the Metamax pyramid scheme fraud, according to information obtained by our website. A warrant for his arrest has been issued....

 |  NEWS
Hidden threat: Trifluoroethanoic acid found in European drinking water

Hidden threat: Trifluoroethanoic acid found in European drinking water

A recent study has uncovered a concerning issue in Europe's drinking water: the presence of trifluoroethanoic acid (TFA), a chemical that current tests don't detect. The study, conducted by PAN Europe, found TFA in tap water and bottled mineral water across several European countries....

 |  NEWS
Cyprus faces growing threat from drug-resistant bugs: Is there hope?

Cyprus faces growing threat from drug-resistant bugs: Is there hope?

In a bid to tackle a global health challenge, Cyprus is ramping up efforts to reduce the use of antibiotics in its livestock sector. This initiative comes as antimicrobial resistance poses a serious threat worldwide, leading to millions of deaths annually....

 |  NEWS
Diplomatic efforts intensify amidst critical juncture

Diplomatic efforts intensify amidst critical juncture

The diplomatically crucial time leading up to Friday is seen as particularly important for efforts to break the deadlock in the Cyprus talks. UN Secretary General's personal envoy, Maria Angela Holguin Cuellar, ...

 |  NEWS
Storm's a brewin', and we couldn't be happier

Storm's a brewin', and we couldn't be happier

In a twist of good fortune (maybe?!), the Met Office issued a yellow storm warning this Thursday morning—perhaps the only time you'll welcome a storm warning with open arms. After all, anything to break the sweltering heat, right?...

 |  NEWS
George Clooney urges Biden to step aside for 2024

George Clooney urges Biden to step aside for 2024

Hollywood actor and prominent Democratic fundraiser George Clooney has urged President Joe Biden to step aside for the 2024 election, citing concerns over Biden's ability to defeat Donald Trump. ...

 |  NEWS
Cypriot dance duo to perform at Paris Olympics

Cypriot dance duo to perform at Paris Olympics

Cypriot dancing duo LMC lockers, namely Constantinos Papamethodiou and Adonis Kyriakides, have been selected to perform at the Olympic Games in Paris....

 |  NEWS
'Land of Tomorrow' set to transform Larnaca's coastline

'Land of Tomorrow' set to transform Larnaca's coastline

The coastal community development project, ''Land of Tomorrow,'' is set to transform the industrial image of Dhekelia in Larnaca into a modern and sustainable urban environment. ...

 |  BUSINESS
Cyprus exports decline sharply while imports see a modest rise

Cyprus exports decline sharply while imports see a modest rise

Cyprus saw its trade deficit grow in May 2024, largely due to a significant drop in exports and a slight increase in imports, according to recent data from the Cyprus Statistical Service. The trade deficit for May 2024 was €693.4 million, up from €578.2 million in May 2023....

 |  NEWS
Cyprus ranks among top innovators in Europe

Cyprus ranks among top innovators in Europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

 |  BUSINESS
Cyprus sets course for cheaper electricity in 2025

Cyprus sets course for cheaper electricity in 2025

Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...

 |  NEWS
No progress on Cyprus-Greece electricity interconnection project

No progress on Cyprus-Greece electricity interconnection project

No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....

 |  BUSINESS
Chinese consortium exits Vasilikos LNG project

Chinese consortium exits Vasilikos LNG project

The Chinese CPP-METRON Consortium Ltd (CMC Ltd) is set to exit the unfinished photovoltaic (PV) terminal project in Vasilikos, according to Cyprus' Energy Minister George Papanastasiou. ...

 |  BUSINESS
UN envoy's dual approach ahead of crucial briefing

UN envoy's dual approach ahead of crucial briefing

Maria Angela Holguin Cuellar is adopting a nuanced strategy in the Cyprus conflict as she seeks to engage with Turkish Foreign Minister Hakan Fidan and prepares to brief the UN Security Council ...

 |  NEWS
Elderly woman dies while swimming in Geroskipou

Elderly woman dies while swimming in Geroskipou

A 78-year-old Greek Cypriot woman tragically died while swimming in the sea off Geroskipou on the morning of Wednesday, July 10....

 |  NEWS
Murder investigation heats up, land deal at heart of Mykonos feud

Murder investigation heats up, land deal at heart of Mykonos feud

The murder of topographer Panagiotis Stathis in Psychiko has cast a fresh spotlight on a contentious plot of land in Mykonos, believed to be the epicenter of a bitter dispute between Stathis and a local businessman....

 |  NEWS
Let's not forget to whom we owe a debt of gratitude

Let's not forget to whom we owe a debt of gratitude

It has been 50 years since the dramatic events of July 1974. We must never forget that the joyous hours of democracy's restoration in Greece were also hours of great sorrow and tragedy for Cyprus....

 |  OPINION
Rain relief on the horizon as thunderstorms break the heatwave

Rain relief on the horizon as thunderstorms break the heatwave

Good news, everyone! The heatwave has been relentless, but relief is finally on its way with some much-needed rain. Here's what you can expect....

 |  NEWS
Cyprus grapples with energy future amid interconnector debate

Cyprus grapples with energy future amid interconnector debate

The Cyprus Energy Regulatory Authority (CERA) has summoned ADMIE, the country's electricity grid operator, for a crucial meeting on July 15 to discuss new data that could potentially alter a decision barring charges to Cypriot consumers ahead of the Great Sea Interconnector project's implementation....

 |  NEWS
Industries expanded in 2022 as Cyprus saw more jobs, higher production

Industries expanded in 2022 as Cyprus saw more jobs, higher production

Cyprus saw more people employed in factories and related industries in 2022 compared to the year before, with a 3% increase in jobs. The value of goods produced also went up significantly by 21.2%....

 |  BUSINESS
Cyprus faces crucial decision as LNG terminal contract nears end

Cyprus faces crucial decision as LNG terminal contract nears end

Energy Minister George Papanastasiou announced on Tuesday that the contract between the Natural Gas Infrastructure Company (ETYFA) and the CPP-METRON Consortium Ltd (CMC Ltd) for the Vasilikos liquefied natural gas (LNG) terminal construction is approaching its conclusion....

 |  BUSINESS
Tatar calls for occupied North to be included in the EU

Tatar calls for occupied North to be included in the EU

The Cyprus government has firmly rejected recent statements by Turkish Cypriot leader Ersin Tatar advocating for a two-state solution and the inclusion of the Turkish-occupied northern region of Cyprus in the European Union....

 |  NEWS
Cyprus leads EU in home sales by 31%

Cyprus leads EU in home sales by 31%

Home sales in Cyprus surged by 31% in 2023 compared to the previous year, the highest increase among European Union countries, according to data released by Eurostat, the EU's statistical service....

 |  NEWS
Kathimerini highlights voices from the 1974 Turkish invasion

Kathimerini highlights voices from the 1974 Turkish invasion

This Sunday, the Greek newspaper "Kathimerini" delves into one of the most profound tragedies in modern Greek history: the Turkish invasion of Cyprus....

 |  NEWS
Thousands protest mass tourism in Barcelona, shouting ''tourists go home!''

Thousands protest mass tourism in Barcelona, shouting ''tourists go home!''

Thousands of protesters marched through Barcelona over the weekend to express their anger at the overwhelming impact of mass tourism on Spain's most visited city. ...

 |  BUSINESS
President Christodoulides hosts FBI Assistant Executive Director

President Christodoulides hosts FBI Assistant Executive Director

President Nicos Christodoulides hosted a meeting today with FBI Assistant Executive Director Michael Nordwall at the Presidential Palace. During the meeting, President Christodoulides highlighted the strong ties between Cyprus and the United States, ...

 |  NEWS
Cyprus remains a strong innovator in European rankings

Cyprus remains a strong innovator in European rankings

Cyprus maintains its position as a Strong Innovator in the European Innovation Scoreboard for the 3rd consecutive year, the Deputy Ministry of Research, Innovation and Digital Policy said on Monday....

 |  NEWS
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BUSINESS

Brace for another interest rate hike in June, Cyprus Central Banker warns

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Freight transport rises in Cyprus as trade and domestic movement pick up
BUSINESS

Freight transport rises in Cyprus as trade and domestic movement pick up

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