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12° Nicosia,
16 September, 2025
 

News Stream

Bank deposits increase by €357.1 million in February

Bank deposits increase by €357.1 million in February

Total deposits in February 2023 recorded a net increase of €357.1 million, compared with a net decrease of €583,8 million in January 2023....

Keravnos urges banks to restructure loans and keep rates low

Keravnos urges banks to restructure loans and keep rates low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

Wizz Air's new aircraft brings exciting new destinations to Larnaca

Wizz Air's new aircraft brings exciting new destinations to Larnaca

Wizz Air, the fastest-growing airline in Europe and the greenest in the world, has announced the arrival of its third aircraft at its base at Larnaca Airport. With the arrival of this modern aircraft, three new routes will be launched to and from Dammam, Jeddah and Riyadh....

Europe's largest economy paralyzed over strikes

Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

'Mansion tax' introduced to help homeless Californians

'Mansion tax' introduced to help homeless Californians

Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....

A look into Larnaca's future development (Photos)

A look into Larnaca's future development (Photos)

The architectural firm Foster+ Partners and the Petrolina Group presented their grand vision for the Land of Tomorrow project on the Larnaca-Dhekelia coastal road this morning....

Saudi National Bank president resigns

Saudi National Bank president resigns

The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....

Prepare to be challenged at the Paradox Museum in Limassol

Prepare to be challenged at the Paradox Museum in Limassol

The Paradox Museum is about to make its mark on the entertainment and education scene in Cyprus. With previous successes in Oslo, Stockholm, and Miami, the museum is bringing its unique blend of education and entertainment to Limassol Marina's Tracasol Cultural Centre on March 28, 2023....

EC pushing Cyprus to pass home VAT bill or risk sanctions

EC pushing Cyprus to pass home VAT bill or risk sanctions

Cyprus is currently facing a serious issue with the 5% VAT rate for first-time homeowners. The European Commission has issued a final warning to pass a bill that regulates the issue that has been ongoing since 2020....

Local biker dies in rural Nicosia accident

Local biker dies in rural Nicosia accident

A local biker was killed in a road accident on Sunday when his motorcycle collided with a pickup truck in rural Nicosia...

More third country nationals repatriated last Friday

More third country nationals repatriated last Friday

A total of 67 third-country nationals, who resided illegally in Cyprus, were repatriated on Friday, during two operations, the Police announced....

Why does the EAC block the installation of solar panels?

Why does the EAC block the installation of solar panels?

"The weaker the government, the stronger the bureaucracy," said the French anthropologist Gustave Le Bon. And he didn't say it by accident....

Tax evaders beware of what you post on social media

Tax evaders beware of what you post on social media

According to a report in the Sunday edition of realnews.gr, the Greek Government plans to identify hidden income earned by individuals and companies that conduct business online. ...

Hellish hooligan mayhem prompts new debate

Hellish hooligan mayhem prompts new debate

A new hellish mayhem took place at a basketball game on Sunday in Nicosia, with hooligans turning the arena into a battlefield and police rejecting criticism and pointing the finger at a serious social problem...

Nicosia 'UN'enthusiastic about Greco-Turkish bids

Nicosia 'UN'enthusiastic about Greco-Turkish bids

Nicosia says a new effort by Greece and Turkey to improve their relations is positive, but Greek Cypriot officials have been less excited about Athens and Ankara supporting each other’s bids in the United Nations...

Questions emerge in delivery driver deadly crash

Questions emerge in delivery driver deadly crash

New information and some unknowns have emerged in Thursday’s deadly collision in downtown Nicosia, where a delivery driver from Bangladesh was killed when his path was blocked by a turning vehicle...

Clocks in Cyprus spring forward this weekend

Clocks in Cyprus spring forward this weekend

Residents in Cyprus will lose an hour of sleep after Daylight Saving Time goes into effect Sunday morning, with European officials and public opinion still divided on whether there is value in switching back and forth at all...

EAC warns of fake employees asking for money

EAC warns of fake employees asking for money

The Cyprus Electricity Authority (EAC) has warned consumers about impostors who pose as its employees or partners and demand money to restore their power supply....

Single EU work & residence permit for 3rd country nationals

Single EU work & residence permit for 3rd country nationals

The Members of the European Parliament’s Civil Liberties Committee have agreed today on a draft legislation that updates the way single work and residence permits for third-country nationals are issued....

CBC estimates GDP growth at 2.6% in 2023

CBC estimates GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....

Americans traveling to Europe for cheaper Beyonce tickets

Americans traveling to Europe for cheaper Beyonce tickets

American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....

At the EU summit with an eye on the Cyprus issue

At the EU summit with an eye on the Cyprus issue

Christodoulides attempted to lay out his vision for active EU engagement on the issue of breaking the six-year deadlock in Cyprus talks on the first day of his first European Council summit as President. ...

How communication affects safety

How communication affects safety

A workshop on communication and its impact on safety issues such as road collisions and industrial accidents was organized by the CERIDES Research Centre of the European University Cyprus in cooperation with the Cyprus Police....

Cyprus and Bahrain recommit to cooperation

Cyprus and Bahrain recommit to cooperation

The Cypriot consul in Bahrain has issued a statement about a series of meetings in Manama on bilateral cooperation, following a diplomatic incident and further steps by Nicosia to install an ambassador in the Kingdom...

Asylum applications up by 490% since 2016

Asylum applications up by 490% since 2016

Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....

Cliff death boyfriend walks free after police backtrack

Cliff death boyfriend walks free after police backtrack

A man who reported the cliff death of his girlfriend but became suspect based on a controversial forensic report walked free on Friday, after official results of a second autopsy rejected the investigators’ premeditated murder theory and stirred up debate on how Cyprus Police investigate cases...

Delivery driver killed in Nicosia downtown crash

Delivery driver killed in Nicosia downtown crash

A young delivery driver was killed in a road accident after his motorcycle collided with a vehicle on Thursday night in downtown Nicosia...

Ministers band together to improve Cyprus ports

Ministers band together to improve Cyprus ports

Ministers responsible for Transport, Shipping and Tourism visited on Thursday the new DP World Limassol passenger terminal to express their determination to work together to resolve any problems and improve services....

California: Use of police dogs to be curbed due to racial bias

California: Use of police dogs to be curbed due to racial bias

The California Assembly's Public Safety Committee has approved a bill that would ban the use of police dogs for arrests, apprehensions and crowd control, apparently a first-in-the-country measure....

Slight increase in fuel prices

Slight increase in fuel prices

A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...

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