The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...
Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....
Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....
The Press and Information Office reported that, according to an April 29 article from the Halkin Seshi newspaper, a grand total of 141 million individuals have traversed the barricades towards the occupied or free areas since the opening on April 23, 2003....
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
The Council of Ministers unanimously approved a proposal from the Ministry of Justice and Public Order to classify sexual harassment as a separate disciplinary offense in the Police and Fire Brigade. The decision was made during a meeting held on Tuesday....
The temperature is set to reach 30 degrees in the interior today, Wednesday 3/5, while the weather will be predominantly clear with occasional high clouds....
In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....
New developments and more questions emerged on Tuesday in the disappearance of a Limassol man after police re-arrested the main suspect hours before his remand expired, with reports saying the judge heard about new incriminating statements from other jailed suspects...
The Council of Ministers has approved a Decree during today's session, which imposes a zero VAT rate on the delivery of certain products until October 31, 2023. These products include bread, milk, eggs, baby food, baby diapers, feminine hygiene products, and adult diapers....
Deadly conflicts in Sudan have displaced more than 330,000 people inside the country, while more than 100,000 have crossed the border to neighboring countries, the United Nations has announced....
Today, a scheduled meeting was held at the Ministry of Foreign Affairs to commemorate the new government's inauguration. The Minister of Foreign Affairs, Mr. Kombos, met with the Municipality of Famagusta, led by Mayor Simos Ioannou. ...
According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....
Total deposits reached €51.9 billion in March 2023, while total loans stood at €25.1 billion, according to data published by the Central Bank of Cyprus on Tuesday, in the April 2023 edition of Monetary and Financial Statistics....
Jazeera Airways, a low-cost carrier based in Kuwait, has recently added Larnaka to its network of new European destinations for the 2023 summer season and flights were launched end of April....
The wine industry in Cyprus is at a turning point, as coordinated upgrading and promotion efforts are underway in both the private and public sectors. ...
The Republic of Cyprus is defending its actions after its own Supreme Court cleared a British woman of lying to police about a gang rape in 2019, with both sides sticking to their guns as the case is now appears before the European Court of Human Rights...
A 9.7% of employed people in Cyprus (7% in the EU) worked long hours (working usually 49 hours or more per week) in their main job in 2022 according to data published by Eurostat, the statistical service of the European Union. Cyprus also had the third-largest percentage among all member states....
During his flight back to Rome after concluding his visit to Hungary, Pope Francis informed reporters that there is a secret Vatican peacekeeping mission taking place in Ukraine....
The man often touted as the godfather of AI has quit Google, citing concerns over the flood of fake information, videos and photos online and the possibility for AI to upend the job market....
A fifth generation stealth fighter jet developed and produced in Turkey was shown off on Monday, with Ankara delivering on a promise made two years ago when the first indigenous engine was put to the test amid F16 restrictions...
In weather news, the Meteorological Service has forecasted a temperature rise for the region. Weak high pressure will continue to affect the area until Thursday....
Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....
The disappearance of a Limassol man said to be implicated in a convoluted cryptocurrency case continues to baffle Cypriot authorities, following additional arrests and search parties expected to continue after an unsuccessful holiday weekend...
Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...
Officials in Cyprus have postponed their findings on the fire at the Russian center in Nicosia, after a chemical report requested by the fire department was delayed, leaving room for speculation about the blaze as well as the overall investigation...
A man believed to be a foreign national was killed in Ayia Napa on Saturday after he fell off a cliff at a famous tourist attraction possibly while trying to take a selfie...
A fire department representative in Cyprus says speculation about a possible discarded cigarette being the cause of a fire at the Russian cultural center in Nicosia came directly from media outlets, not officials, who are still investigating the incident...
