News Stream

Paphos: Over 15 million euros in foreign investment in 2022

According to the Paphos Chamber of Commerce and Industry, foreign investment in the city has surpassed €15 million. ...

Leaders of both sides agree current state of Cyprus unacceptable

Participants in a meeting of leaders and representatives of Greek Cypriot and Turkish Cypriot political parties held on Wednesday, at Ledra Palace, in Nicosia underlined risks from a status quo in Cyprus which is not static but is getting worse, a joint communique issued after the meeting said....

The demand for new homes is dwindling

The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....

Germany to send Leopard tanks to Ukraine

Germany cleared the way on Wednesday for Europe to send scores of battle tanks to Ukraine, and Washington was poised to make a similar announcement - moves hailed by Kyiv as a potential turning point in the war and condemned by Moscow as escalation. ...

Colocassides calls on candidates to reveal their donors

January 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....

Twenty two flights affected by Thursday's COLA strike

A total of 22 flights concerning both departures and arrivals from and to Cyprus’ two airports will be affected by the Cyprus-wide three-hour strike to be held tomorrow over the issue of the cost of living adjustment (COLA)....

EU Health Commissioner to visit vaccine production plant in South Africa

EU Commissioner for Health Stella Kyriakides will visit a vaccine production plant and an mRNA technology hub whilst in South Africa. She will be in the country from Thursday to Saturday,...

Pope declares being gay a 'sin' but not a 'crime'

Pope Francis has declared homosexuality a 'sin' but not a 'crime' as he branded laws that criminalize gay people 'unjust'....

EC: €5 million in scholarships for Turkish Cypriot community

The European Commission has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2023/24, with a budget of €5 million from the Aid Programme for the Turkish Cypriot community....

Cyprus honors Greek families who sheltered Cypriot children after 1974 invasion

A memorial plaque was unveiled on Tuesday at Limassol port in Cyprus to honor the Greek families which provided accommodation to thousands of children from Cyprus right after the 1974 Turkish invasion of the island....

Rain is on the way

Today's weather will be mostly clear, but there will be locally increasing clouds in the afternoon and early afternoon, which may cause isolated rain in the mountains. ...

Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...

Early data point to large gas deposits off Crete

Seismic data obtained so far by the Sanco Swift, the Norwegian exploration vessel leased by ExxonMobil, southwest of the island of Crete, allegedly point to the existence of large natural gas deposits in the area...

Nicosia downplays Leopard rumors as plot thickens

Cypriot Defense Minister Charalambos Petrides says weapons deals were being kept on the down low in response to rumors that Nicosia was seeking German Leopards in exchange for Russian tanks to Kiev, while clarifying his country won’t be stuck with military equipment of the past...

Cyprus signs WHO office agreement this week

The agreement on establishing the World Health Organization Country Office in Cyprus will be signed on Friday between the Minister of Health, Michalis Hadjipantela, and WHO Regional Director, Dr Hans Kluge...

Strike set to affect flights in Cyprus

Cyprus is bracing for a national three-hour strike on Thursday, between 12 noon and 3 pm, which is expected to affect most aspects of public life in the republic including transport and air traffic...

'K' poll: Averof leads Mavroyiannis by 0.5%

There was a minor upset In the fourth wave of the rolling poll that Symmetron Market Research conducted for "K,". It seems the race for second place will undoubtedly be an exciting one....

Academy Awards 2023: Oscar nominations announced

Everything Everywhere All At Once is so far sweeping the list of Oscar nominations, with Top Gun: Maverick finally winning nods for sound and screenplay....

More people choose bankruptcy to get a second chance

Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....

Lavrov plays passive aggressive towards Cyprus

"Greece and Cyprus have been among the most welcoming countries to us in recent years. There have been numerous joint cultural and educational events....

Airlines to oppose France's ban on short-haul flights

French and European airlines plan to invoke their rights to freedom of movement in protest to the environmental restrictions on short-haul flights, which France has partially banned and Brussels has approved in December....

Rare green comet revisits Earth after 50,000 years

A rare green comet, a unique traveler, is revisiting our solar system these days after 50,000 earth years when people still lived in caves....

California reeling over back-to-back mass shootings

Just two days after a gunman killed 11 people at a Los Angeles-area dance studio, seven more victims were shot dead in an agricultural area near San Francisco, as California suffered one of its bloodiest spates of mass gun violence in decades....

Kousios: Work accidents decreased by 7%

Through the policies implemented and through specific measures, we have managed in recent years to have a continuous decrease in work accidents, said the Minister of Labour and Social Insurance, Kyriakos Koushos, on Tuesday, noting that "this year the decrease is estimated to be around 7%."...

Transport ministry taking measures for Thursday's planned strike

Ukraine: Resignations abound amid corruption allegations

Ukraine's leadership appears to be in disarray, with corruption allegations, resignations of close associates of President Volodymyr Zelensky, and the president himself undergoing a wide-ranging reshuffle of his government staff....

PEGA's amendment games

The debate on Cyprus will turn into a game of balances and... amendments in relation to the draft report of the European Parliament's Committee of Inquiry into Surveillance Software (PEGA), ...

Young driver dies after car crash in Engomi

A young man was killed in a road accident in Nicosia on Tuesday early morning when his car veered off lane and crashed into a tree...

Menendez won’t let it rest

Any decision by the United States to go ahead with the sale of F-16 fighter jets and upgrade kits to Turkey would be 'baffling' given the 'belligerent' stance of Turkish President Recep Tayyip Erdogan towards NATO ally Greece, said Senator Bob Menendez, chair of the Senate’s Foreign Relations Committee, reiterating that he will not approve the sale...