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12° Nicosia,
05 February, 2025
 

News Stream

ECB: Banks in Italy, Portugal, Greece, Cyprus could see highest rise in NPLs

ECB: Banks in Italy, Portugal, Greece, Cyprus could see highest rise in NPLs

Banks in Italy, Portugal, Greece and Cyprus could suffer some of the biggest increases in non-performing loans while France, Ireland and Luxembourg could be among the best performers, the European Central Bank said in a fresh study on Tuesday....

Air traffic in Cyprus expected to exceed 9 million this year

Air traffic in Cyprus expected to exceed 9 million this year

Air traffic in Cyprus will exceed 9 million passengers this year, despite the disruption in travel due to the war in Ukraine and the ensuing sanctions impost by the west against Russia, Eleni Kalogirou, Chief Executive Officer Hermes Airports, the operator of Cyprus’ two international airports, has said....

Amazon announces immediate layoffs of 10,000 workers

Amazon announces immediate layoffs of 10,000 workers

Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....

Who benefits from the proposed rent-to-mortgage scheme?

Who benefits from the proposed rent-to-mortgage scheme?

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

50 products specified in Cyprus' 'Household Basket'

50 products specified in Cyprus' 'Household Basket'

The Consumer Protection Service will present its initial proposal for the Household Basket in Cyprus to the stakeholders - the Hypermarkets Association, the Retailers Association, the OEB, and the CEB - at 12 noon on Wednesday. ...

Civil protection's role in disaster management at the Nicosia Risk Forum 2022

Civil protection's role in disaster management at the Nicosia Risk Forum 2022

The role of civil protection and international solidarity in disaster management as a result of climate change is being discussed at the two-day Nicosia Risk Forum 2022 (#NRF2022) on Civil Protection, which began today in Larnaca and is organized by the CERIDES Foundation of the European University Cyprus....

Menendez reassures Cypriots no fighter jets for Erdogan

Menendez reassures Cypriots no fighter jets for Erdogan

US Senator Bob Menendez has renewed his commitment to stop F-16 fighter sales to Turkey, calling instead on everyone to make sure that all Turkish soldiers leave Cyprus down to the last one...

High speed chase in Nicosia sparks debate

High speed chase in Nicosia sparks debate

A motorcyclist was hospitalized on Tuesday after he was injured in an accident during a high-speed police chase, which caught onlookers by surprise as the suspect took cops on a dangerous ride through the capital...

November Newsletter of K. Treppides & Co Ltd: European Banking Authority

November Newsletter of K. Treppides & Co Ltd: European Banking Authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

EY Cyprus awarded project of Holistic Management of Cyta’s Sustainable development

EY Cyprus awarded project of Holistic Management of Cyta’s Sustainable development

EY Cyprus has been awarded by Cyta the project of the Holistic Management of the company’s Sustainable Development. ...

Cyprus ‘greatly concerned’ after missiles hit Poland

Cyprus ‘greatly concerned’ after missiles hit Poland

Cyprus says it is following a deadly missile attack in Poland 'with great concern' after an explosion at a grain facility near the Ukrainian border killed two people, with Moscow flatly denying any involvement and Washington suggesting Russia was likely not an actor in the attack...

Student demonstrators call for reunification (images)

Student demonstrators call for reunification (images)

Students marched on Tuesday in Nicosia and other government-controlled areas of Cyprus, in protest of the unilateral declaration of the illegal Turkish Cypriot regime. ...

The pay gap between men and women in Cyprus is at 9%.

The pay gap between men and women in Cyprus is at 9%.

Gender Equality Commissioner Josephine Antoniou said in a message on the European Union's Equal Pay Day that the pay gap between men and women in Cyprus is 9%, which means that women earn 91 cents for every euro earned by men....

Humanity hits eight billion mark

Humanity hits eight billion mark

A baby born somewhere on Tuesday will be the world's eight billionth person, according to a projection by the United Nations....

Spike in illegal migrant entries, says EU border agency

Spike in illegal migrant entries, says EU border agency

The European Union’s border agency said Monday that the number of illegal entries by migrants spiked to more than 275,000 in the January through October period this year....

The first 'Mountain Agriculture of Troodos' products have hit the market

The first 'Mountain Agriculture of Troodos' products have hit the market

Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....

Double burial site found in Kouklia

Double burial site found in Kouklia

Two tombs from the 12th century BC with rare findings were excavated at the Kouklia-Marcello location, according to a statement from the Cyprus Department of Antiquities....

Drug squad finds Ottoman cannons after tip-off

Drug squad finds Ottoman cannons after tip-off

Cypriot authorities in Limassol have gained possession of two Ottoman cannons, after officials rushed to the backyard of a residence where they caught the owner red handed digging up the big guns...

'It's beginning to look a lot like Christmas!' (photos)

'It's beginning to look a lot like Christmas!' (photos)

The Christmas Villages are set to begin in less than two weeks, on Saturday, November 26, and preparations by the participating communities are ongoing. ...

Investors lost $1 billion on FTX, prompting calls for industry regulation

Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

Thirty-nine years since the illegal declaration of the pseudo-state

Thirty-nine years since the illegal declaration of the pseudo-state

Today marks 39 years since the illegal declaration of the pseudo-state in the occupied territories of the Republic of Cyprus....

Suspect in Nicosia prison murder case cries foul

Suspect in Nicosia prison murder case cries foul

The main suspect in the death of a Turkish Cypriot inmate in Nicosia has leveled multiple accusations during a court appearance on Monday, when reporters also heard him screaming at police and asking to be transferred to a different jailhouse...

Scattered showers develop this week in Cyprus

Scattered showers develop this week in Cyprus

A weak low pressure system is affecting the area over Cyprus, bringing showers and possibly thunderstorms that will last throughout the workweek as well as slight changes in temperature...

'Cancer-related inequalities among member states must be eradicated'

'Cancer-related inequalities among member states must be eradicated'

The European Commissioner for Health and Food Safety, Stella Kyriakidou, on Monday, referred to the importance of cooperation between all partners for the success of Europe's Beating Cancer Plan, stressing the need to eliminate "unacceptable" inequalities in prevention, treatment and care for cancer among EU member states....

CIA Chief in Ankara, warns against the use of nukes

CIA Chief in Ankara, warns against the use of nukes

U.S. Central Intelligence Agency Director William Burns is in Ankara to speak with his Russian intelligence counterpart to convey a message on the consequences of any use of nuclear weapons by Russia, a White House official said on Monday....

Inoculation program to include covid and flu vaccines

Inoculation program to include covid and flu vaccines

Covid vaccinations aimed at inoculating residents of mountain areas will be organized by the Ministry of Health in the very near future, said Health Minister, Michalis Hadjipantela, adding that the goal is to neither become complacent nor take strict measures....

Immigration as a matter of national survival

Immigration as a matter of national survival

The migration issue, along with Turkey's ongoing threats and galloping inflation due to the explosion in energy prices, undoubtedly ranks first in the hierarchy of Cypriot citizens' concerns....

The future of civil protection in the Mediterranean

The future of civil protection in the Mediterranean

The Nicosia Risk Forum 2022, which begins on Tuesday at the Radisson Blu Hotel in Larnaca, strives to be a game changer in Mediterranean civil protection....

Iranian who inspired ‘The Terminal’ dies at Paris airport

Iranian who inspired ‘The Terminal’ dies at Paris airport

An Iranian man who lived for 18 years in Paris’ Charles de Gaulle Airport and whose saga loosely inspired the Steven Spielberg film “The Terminal” died Saturday in the airport that he long called home, officials said....

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