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12° Nicosia,
07 October, 2024
 

News Stream

150% increase in foreign direct investment - 600% increase in the technology sector

150% increase in foreign direct investment - 600% increase in the technology sector

Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....

Metsola: Europe will never be whole as long as Cyprus is divided

Metsola: Europe will never be whole as long as Cyprus is divided

Cyprus continues to rely upon the EU and the European Parliament in its efforts to reunify the country and end the unacceptable status quo, said the President of the Republic Nicos Anastasiades in his statements following his meeting with the President of the European Parliament, Roberta Metsola, at the Presidential Palace on Friday....

Covid vaccines targeting new variants have arrived in Cyprus

Covid vaccines targeting new variants have arrived in Cyprus

Preparations are underway for the administration of the fourth dose with updated vaccines against COVID-19, Acting Director of the Nursing Services Department, Evagoras Tambouris,...

Nicosia school principal accused of assaulting student

Nicosia school principal accused of assaulting student

A student in Nicosia says he was assaulted by his high school principal, who gave his own version of events saying he was simply trying to identify the youngster during a smoke bomb prank on first day of class...

Cypriot president consoles Kingdom after Queen’s death

Cypriot president consoles Kingdom after Queen’s death

Cypriot President Nicos Anastasiades took to Twitter to express condolences for the passing of Her Majesty Queen Elizabeth II, whose son now known as King Charles III became her successor...

Queen Elizabeth, Britain’s longest reigning monarch has died age 96

Queen Elizabeth, Britain’s longest reigning monarch has died age 96

Britain's longest-reigning and much-loved monarch Queen Elizabeth II has died aged 96, Buckingham Palace has announced. ...

Rejected Estia applications to be re-examined upon appeal

Rejected Estia applications to be re-examined upon appeal

The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....

ECB hikes up interest rates 75 basis points to 1.25%

ECB hikes up interest rates 75 basis points to 1.25%

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....

Metsola has full plate as she flies to Cyprus

Metsola has full plate as she flies to Cyprus

European Parliament President Roberta Metsola is flying for an official visit to Cyprus, where years ago she spent time as a college student, but this short trip is packed with hot button issues for Europe’s youngest-ever speaker...

Queen Elizabeth under medical supervision - Concern for her health

Queen Elizabeth under medical supervision - Concern for her health

Doctors are concerned about Queen Elizabeth's health and have recommended that she remain under medical supervision, Buckingham Palace has announced....

80m euros per year in fuel tax is lost to the occupied areas

80m euros per year in fuel tax is lost to the occupied areas

The issue of fuel supply from the occupied territories seems to be taking on a dimension of its own as the Association of Petrol Distributors is preparing to file a complaint with the European Union....

Major banks across Europe turning off hot water and preparing diesel generators

Major banks across Europe turning off hot water and preparing diesel generators

Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....

Germany to revise immigrant laws to allow more skilled migrant workers

Germany to revise immigrant laws to allow more skilled migrant workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

Washington scratches beneath surface in Aegean dispute

Washington scratches beneath surface in Aegean dispute

The State Department called on Turkey and Greece 'to refrain from rhetoric and actions that could further escalate tensions,' with a statement from Washington that Greece’s sovereignty over these islands was not in question tying to Turkey’s grievances over 'width of territorial waters and national airspace'...

186 year old landmark zoo in Bristol finally closes its doors

186 year old landmark zoo in Bristol finally closes its doors

One of the oldest zoos in the world, Bristol Zoo, closed its doors after 186 years of operation on September 3rd as its guests have been moved to a new site....

Updates from the presidential campaign trail

Updates from the presidential campaign trail

The Cyprus problem, women's issues and policemen's salaries, as well as agricultural policy and the illegal supply of fuel from the Turkish-occupied areas, were some of the issues which were put forward by presidential candidates on the election campaign trail on Wednesday....

Proposed marriage act aims to fix divorce in Cyprus

Proposed marriage act aims to fix divorce in Cyprus

The government in the Republic of Cyprus is reviving attempts to reform marriage law, with legislation proposals aiming to modernize divorce proceedings, eliminate outdated laws, and prevent child marriages that could violate statutory rape laws...

USA: A classified document on another country's nuclear arsenal was found in Trump's home

USA: A classified document on another country's nuclear arsenal was found in Trump's home

A classified document detailing a foreign country's defenses, including its nuclear capabilities, was found during an FBI search last month of Republican former President Donald Trump's home in Mar-a-Lago, Florida, a newspaper report said Tuesday. Washington Post published in its online edition....

EU plans to cap gas prices risking cutoff from Russia

EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

Oil prices retreat to pre-Russian invasion levels

Oil prices retreat to pre-Russian invasion levels

Crude oil prices retracted to levels before Russia's invasion of Ukraine on Wednesday with Brent oil prices falling below $90 a barrel amid concerns of an impending economic downturn....

Employment and working hours up compared to last year

Employment and working hours up compared to last year

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154 thousand, according to data published by the Statistical Service....

New European Newsroom comprised of 18 news agencies

New European Newsroom comprised of 18 news agencies

A total of 18 news agencies from all over Europe are participating in the European Newsroom initiative, which was formally launched on Tuesday in Brussels....

Wired's Jeremy White at the Digital Agenda Cyprus Summit

Wired's Jeremy White at the Digital Agenda Cyprus Summit

Jeremy is the senior innovation editor of renowned technology magazine Wired. As an expert in analyzing and evaluating new technical trends, Jeremy is considered a prominent speaker in the areas of artificial intelligence, cybersecurity, automation and 'web 3'....

US-based Lone Star to revise offer for Bank Of Cyprus

US-based Lone Star to revise offer for Bank Of Cyprus

US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...

Company ordered to pay fines after miner’s death

Company ordered to pay fines after miner’s death

A judge in Paphos has ordered a mining company to pay a fine to the Labor office for a series of violations that led to the death of a Syrian worker after a pit collapsed during excavations...

Back to School Allowance - Amounts and beneficiaries

Back to School Allowance - Amounts and beneficiaries

A one-off 'Back to School' grant to families with children aged 4-18 years old, based on income criteria and household composition, was approved by the Council of Ministers at today's meeting, following a proposal by the Deputy Minister of Social Welfare, Ms. Anastasia Anthousi....

EU Health Commissioner says no time to waste on vaccination strategies

EU Health Commissioner says no time to waste on vaccination strategies

EU Commissioner for Health, Stella Kyriakides, has underlined that member states need to move ahead with new vaccination strategies against COVID-19, utilizing the new adapted vaccines, and stressed that there is “no time to waste”,...

Study: Children born from frozen embryos more likely to develop cancer later in life

Study: Children born from frozen embryos more likely to develop cancer later in life

Children that are born from embryos placed in frozen storage are at an increased risk of developing cancer, an alarming new study finds....

Larnaca headmaster sends 50 students home due to inappropriate hairstyles (Update)

Larnaca headmaster sends 50 students home due to inappropriate hairstyles (Update)

The beginning of the school year in Larnaca did not get off to a good start this morning. According to reports, the Headmaster of Larnaca High School sent 50 students home, without so much as a "good morning", due to their haircuts....

Cypriot airlines dismiss rumors after Bloomberg article

Cypriot airlines dismiss rumors after Bloomberg article

Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...

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