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12° Nicosia,
22 June, 2025
 

News Stream

Hellenic Train's revenue plummets after floods

Hellenic Train's revenue plummets after floods

Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....

 |  NEWS
ECB VP Luis de Guindos to address inflation and monetary policy in Cyprus

ECB VP Luis de Guindos to address inflation and monetary policy in Cyprus

European Central Bank Vice - President, Luis de Guindos, is scheduled to visit Cyprus on Wednesday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou....

 |  NEWS
Kasselakis arrives in Cyprus, talks on Cyprus problem await

Kasselakis arrives in Cyprus, talks on Cyprus problem await

Stefanos Kasselakis, the newly elected president of the SYRIZA-Progressive Alliance, expressed his support for restarting talks on the Cyprus issue from where they left off in Crans Montana during an interview with the Cyprus News Agency....

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Turkish Cypriot crossing points take center stage

Turkish Cypriot crossing points take center stage

In a striking development, 2023 has seen an extraordinary increase in crossings through checkpoints in Cyprus, as revealed by reports in the Turkish Cypriot press....

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England proposes ban on transgender women in female hospital wards

England proposes ban on transgender women in female hospital wards

Transgender women will be banned from being treated in female hospital wards in England, under new proposals suggested by the health secretary....

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Deloitte continues to foster trust through transparency

Deloitte continues to foster trust through transparency

Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...

 |  BUSINESS
Greek ports stand ready to secure global south's grain supply

Greek ports stand ready to secure global south's grain supply

Foreign Minister George Gerapetritis addressed the EU Foreign Ministers' meeting in Kyiv, stressing the significant consequences resulting from the breakdown of an agreement with Russia concerning the secure export of Ukrainian grain via the Black Sea. This development is particularly critical for the supply of countries in the global south....

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26.9% increase in tourism revenue compared to last year

26.9% increase in tourism revenue compared to last year

The year 2023 is poised to go down in history with remarkable revenue figures, as highlighted in a recent interview with the Deputy Minister and substantiated by the latest tourism revenue data from the Statistical Office....

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Avgoustides becomes Cyprus Ambassador in Athens

Avgoustides becomes Cyprus Ambassador in Athens

Ambassador Stavros Avgoustides has assumed his duties as the new Ambassador of the Republic of Cyprus in Athens, replacing Dr. Kyriakos Kenevezos....

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Phone scammers strike again as elderly woman loses €3,000

Phone scammers strike again as elderly woman loses €3,000

An 89-year-old woman in Nicosia became the latest victim of a telephone scam on Wednesday afternoon, losing €3,000 to fraudsters. The case has been reported to the police and is currently under investigation by the Nicosia Criminal Investigation Department (CID)....

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Premium spirits take center stage at the 4th Cyprus Cocktail Festival

Premium spirits take center stage at the 4th Cyprus Cocktail Festival

The 4th Cyprus Cocktail Festival, a part of the Digital Agenda Cyprus Summit, is delighted to announce the participation of the Photos Photiades Group Ltd as one of the primary suppliers at the festival. The event is scheduled for October 17, 2023, at Nicosia's Municipal Garden, starting at 19:00, featuring the premium brand Tanqueray....

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Cyprus delegation extends support to Armenia amidst crisis

Cyprus delegation extends support to Armenia amidst crisis

A delegation from the House of Representatives of Cyprus, visiting Yerevan during a challenging time for Armenia, expressed support and solidarity to Armenia's leadership. ...

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Reviving the Greek diaspora

Reviving the Greek diaspora

The active Greek diaspora in the United States is dwindling and this needs to be stopped. Proponents of the generation that played such an important role after the Turkish invasion of Cyprus in 1974 have either stopped participating actively in public life or have passed away....

 |  OPINION
Finance Ministry's new measures for the vulnerable in the works

Finance Ministry's new measures for the vulnerable in the works

The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....

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Anorthosis leads after thrilling Match Day 6

Anorthosis leads after thrilling Match Day 6

In a gripping culmination to Match Day 6 of the Cyprus Football League, fans witnessed stunning victories and intense showdowns that left the football world buzzing....

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Aegean Airlines expands winter routes for '23-'24 season

Aegean Airlines expands winter routes for '23-'24 season

Aegean Airlines is set to offer its largest-ever route program for the upcoming winter season, introducing 18 new routes to 14 different countries. ...

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Real estate boom in Greece and Cyprus

Real estate boom in Greece and Cyprus

The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....

 |  OPINION
PKK attack sparks Turkey's cleanup efforts

PKK attack sparks Turkey's cleanup efforts

The PKK has claimed responsibility for Sunday morning's terrorist attack outside Turkey's Interior Ministry in Ankara, resulting in the deaths of two assailants and injuries to two police officers. ...

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Unexpected earnings dip in 2022 at €2,202

Unexpected earnings dip in 2022 at €2,202

In a surprising turn of events, Cyprus witnessed its first annual drop in monthly earnings after seven prosperous years....

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Read Library unveils a world of stories at Nicosia Book Festival 2023

Read Library unveils a world of stories at Nicosia Book Festival 2023

The Nicosia Book Festival welcomes the Digital Read Library for its inaugural participation this year, marking a significant addition to the event's lineup. ...

 |  LIFE
Moody's double upgrade ignites investor interest

Moody's double upgrade ignites investor interest

Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....

 |  BUSINESS
Island braces for thunderstorms

Island braces for thunderstorms

The Meteorological Service has issued a yellow warning for today, effective from 10 AM until 6 PM, indicating potential weather disruptions on the horizon....

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Dangerous catfish species spotted in Cyprus seas

Dangerous catfish species spotted in Cyprus seas

The Department of Fisheries and Marine Research has issued a public alert regarding the discovery of a new species of catfish, Plotosus lineatus, in the waters of Cyprus....

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Torrential downpour hits Nicosia-Limassol highway

Torrential downpour hits Nicosia-Limassol highway

On Monday afternoon (2/10), an unexpected heavy shower swept across Cyprus, with torrential rain drenching the city of Nicosia. The downpour resulted in significant water accumulation, particularly along the Nicosia-Limassol motorway, ...

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Chasing the dream of independence

Chasing the dream of independence

The years of Independence have come and gone, but the founding myth remains fragmented in the minds and hearts of Cypriots. For many Greek Cypriots, it symbolizes a struggle betrayed, while others see it as a necessary compromise. ...

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Cyprus faces institutional hurdles in anti-corruption efforts

Cyprus faces institutional hurdles in anti-corruption efforts

Cyprus' anti-corruption legislation for top executive officials appears robust on paper, but its practical effectiveness is hampered by institutional shortcomings, warns the Council of Europe's Group of States Against Corruption (GRECO)....

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€9.5 million tourism investment shaping Paralimni's future

€9.5 million tourism investment shaping Paralimni's future

In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....

 |  BUSINESS
Electricity prices surge by 3% in latest billing cycle

Electricity prices surge by 3% in latest billing cycle

In a recent development, electricity prices have witnessed a notable uptick, surging by 3% when compared to the preceding month. Christina Papadopoulou, the spokesperson for EAC (the electricity authority), elucidated that a significant portion of this increase, amounting to 1.20%, is earmarked for third-party entities rather than being allocated to AHK....

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US Secretary of State commits to reunified Cyprus on Independence Day

US Secretary of State commits to reunified Cyprus on Independence Day

U.S. Secretary of State Anthony Blinken extends best wishes to Cyprus on its 63rd Independence Day, expressing America's commitment to a united Cyprus....

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Cyprus' independence in the face of threats

Cyprus' independence in the face of threats

The independence of the Republic of Cyprus is a response to all those who are plotting the dissolution of our state entity, said the Minister of Defense, Michalis Georgallas, after the conclusion of the military parade for the anniversary of Cyprus Independence....

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TSOC to lead installation of 280MW storage capacity to enhance grid stability and energy security. Photo courtesy of Kenyaengineer.co.ke
BUSINESS

Cyprus approves electricity grid storage projects to boost energy reliability

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Suspect fled after altercation; later found by police. Photo credit: Unsplash
NEWS

Man punches municipal worker over sunbed towels at Protaras beach

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