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12° Nicosia,
06 October, 2024
 

News Stream

Rolls Royce cruises to record sales thanks to ongoing luxury demand

Rolls Royce cruises to record sales thanks to ongoing luxury demand

Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023....

Princess Anne arrives in Cyprus tomorrow for a 2-day visit

Princess Anne arrives in Cyprus tomorrow for a 2-day visit

Her Royal Highness The Princess Royal, Princess Anne, will visit the Republic of Cyprus, the United Nations Buffer Zone and the Sovereign Base Area at Dhekelia on Tuesday 10th and Wednesday 11th of January, the High Commission announced. The Princess will also be received by President Nicos Anastasiades at the Presidential Palace....

Fuel prices have dropped, but increases are anticipated

Fuel prices have dropped, but increases are anticipated

On January 8, 2023, the cost of 95 gasoline was 44 cents less per liter than it was on July 12, when it reached an all-time high of €1.828 per liter....

NPL's decreased by €32 million to €2.69 billion in October 2022

NPL's decreased by €32 million to €2.69 billion in October 2022

Non-performing loans (NPLs) at the end of October 2022 amounted to €2.69 billion, showing a decrease of €32 million compared to the previous month....

Housing, water and energy take up 25% of EU household expenses

Housing, water and energy take up 25% of EU household expenses

In 2021, ‘Housing, water, electricity, gas and other fuels’ represented a quarter (25.0%) of EU household expenditure and 17.1% of household expenditure in Cyprus, according to Eurostat, the statistic service of the EU....

Is China a threat to the European Union?

Is China a threat to the European Union?

The title's question is not rhetorical, and the answer could easily be one word and affirmative. Yes, China poses a threat to the EU. Not so much because of the uncontrollable situation caused by the Covid outbreaks,...

Akar: Greece warned not to extend over 6 miles in the Aegean

Akar: Greece warned not to extend over 6 miles in the Aegean

Turkish Defense Minister Hulusi Akar has warned that Ankara will not allow Greece's territorial waters to be extended beyond 6 miles....

President puts country’s expectations on Georgios

President puts country’s expectations on Georgios

The President of the Republic Nicos Anastasiades expressed his wishes for a 'long, fruitful and creative ministry' to the newly enthroned Archbishop Georgios of Cyprus...

Cypriot minister talks Ukraine in Berlin

Cypriot minister talks Ukraine in Berlin

Cypriot Foreign Minister Ioannis Kasoulides will meet with his German counterpart Annalena Baerbock on Monday, just days after she warned any weak links in Europe’s resolve would only embolden Moscow...

Holiday weekend marred by road fatalities

Holiday weekend marred by road fatalities

Two road fatalities were reported over the long holiday weekend in Cyprus, following car collisions in different districts where both victims were passengers...

Cyprus’ new pro-west archbishop enthroned

Cyprus’ new pro-west archbishop enthroned

Cyprus’ new Archbishop Georgios was enthroned on Sunday as one of the oldest independent orthodox churches seeks to overcome division, but a no show at the carefully choreographed ceremony also signaled that hard feelings over Ukraine have remained unresolved...

Spain's irregular migration decreased by 25.6% last year

Spain's irregular migration decreased by 25.6% last year

Data provided by the Spanish Ministry of the Interior has revealed that irregular immigration to Spain during the past year decreased by 25.6 percent, from 41,945 arrivals recorded in 2021 to 31,219 in 2022....

Amazon to layoff 18,000 employees

Amazon to layoff 18,000 employees

Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....

Ukraine: Russia calls for 36-hour truce to mark Orthodox Christmas

Ukraine: Russia calls for 36-hour truce to mark Orthodox Christmas

The Kremlin has called on Kyiv to declare a temporary truce in the war in Ukraine to allow people to mark Orthodox Christmas, Russian media has reported....

Pope Benedict XVI laid to rest as faithful mourn

Pope Benedict XVI laid to rest as faithful mourn

Pope Francis joined tens of thousands of faithful in bidding farewell to Benedict XVI at a rare requiem Mass Thursday for a dead pope presided over by a living one, ending an unprecedented decade for the Catholic Church that was sparked by the German theologian’s decision to retire....

Excavations reveal rare feature in prehistoric Cyprus

Excavations reveal rare feature in prehistoric Cyprus

The 2022 excavations at Chlorakas-Palloures which have been completed have yielded important information on the Chalcolithic period, between 3500 and 2500 BC in Cyprus, the Department of Antiquities of the Ministry of Transport, Communications and Works announced on Wednesday....

Kyriakides calls on China to share covid data

Kyriakides calls on China to share covid data

Health Commissioner Stella Kyriakides called China to share data on the current epidemiological situation regarding the virus that causes COVID-19 in a tweet....

9.2 million passengers traveled through Cyprus in 2022

9.2 million passengers traveled through Cyprus in 2022

A total of 9.2 million passengers traveled through Cyprus airports in 2022, which corresponds to 82% of passenger traffic in 2019, Senior Director of Aviation Development, Marketing & Communication of Hermes Airports Maria Kouroupi said....

Cyprus is in the midst of the new 'Narcos'

Cyprus is in the midst of the new 'Narcos'

Since December 20, cannabis has been washing up on the shores of free and occupied Famagusta, specifically over 100 kilos of packaged Indian hemp were collected by police....

Presidential hopefuls officially register their candidacies

Presidential hopefuls officially register their candidacies

A record number of 14 hopefuls submitted their candidacies today, for February’s presidential elections. Candidacies were submitted between 8 am-12 pm local time at Filoxenia Conference Center in Nicosia....

Looking ahead to 2023: House prices in Cyprus

Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

BMW reveals its true colors in its latest design (see video)

BMW reveals its true colors in its latest design (see video)

At the 2019 Frankfurt Motor Show, BMW had an X6 with Vantablack VBx2 coating, a substance that absorbs more than 99 percent of visible light to create the blackest black. For the 2022 CES, the iX was covered in E Ink featuring millions of microcapsules about as thick as human hair....

Turkish asylum applications in Germany increased by 216%

Turkish asylum applications in Germany increased by 216%

A total of 20,802 asylum applications from Turkish nationals were received by authorities in Germany in the first 11 months of 2022, marking a significant increase compared to 7,873 applications filed under the same purpose during the same period in 2021....

British Museum in ‘constructive’ talks over Parthenon marbles

British Museum in ‘constructive’ talks over Parthenon marbles

The British Museum said on Wednesday it was holding 'constructive discussions' with Greece over the Parthenon Sculptures amid renewed speculation that the 2500-year-old marbles could soon be returned to Athens...

Greek comic in hot water over divisive Cyprus jokes

Greek comic in hot water over divisive Cyprus jokes

A Greek stand-up comedian known for his one-liner and callback jokes became persona non grata in Cyprus, after a Tik Tok user posted a video of the performer poking fun at the divided island...

Cypriot scientist slams EU decision on China

Cypriot scientist slams EU decision on China

A virology professor in Cyprus says an EU decision to impose pre-departure COVID tests on travelers from China appears to be a political decision that is not based on science...

Man dies in Latchia after brawl incident

Man dies in Latchia after brawl incident

Three people were arrested on Wednesday in connection with a death in Latchia, where a man reportedly told police officers moments before he passed away that he had been attacked earlier...

New loans up despite interest rate hike

New loans up despite interest rate hike

Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...

Health Ministry calling on public to avail of free flu shots

Health Ministry calling on public to avail of free flu shots

Cyprus’ Ministry of Health, calls on members of the public, regardless of age, or if they belong to a high-risk group, to contact their GP for a flu vaccine for free, in a bid to reduce pressure on the healthcare system....

The plan to bring in more German tourists

The plan to bring in more German tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....

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