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14 May, 2026
 

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EU: The price of Russian oil has been capped at $60

EU: The price of Russian oil has been capped at $60

The European Union has agreed to cap the price of Russian seaborne oil at $60 per barrel, a Polish official stated....

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Dept of Labour: 'Our social security fund is sound'

Dept of Labour: 'Our social security fund is sound'

According to the Ministry of Labour and Social Insurance, the General Social Insurance Plan's most recent actuarial study shows that the amendments made up until 2012 ensure the long-term viability of the Social Insurance Fund and that,...

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Ukrainian embassies receive 'bloody packages' with animal eyes

Ukrainian embassies receive 'bloody packages' with animal eyes

Ukrainian embassies in at least five European countries have received several 'bloody packages' containing body parts of some animals, mainly eyes, the country's Foreign Ministry has reported....

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Kyriakides: 'Cancer Research Institute a jewel for our country'

Kyriakides: 'Cancer Research Institute a jewel for our country'

The Cyprus Cancer Research Institute (CCRI) is a jewel for our country, according to EU Health Commissioner Stella Kyriakides, who visited the University of Cyprus construction site on Friday....

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18.5 thousand irregular migrants crossed the Green Line this year

18.5 thousand irregular migrants crossed the Green Line this year

Members of the EU High-Level Network on Returns will communicate to the EU and their countries the true dimension and source of the Republic of Cyprus's migrant flow problem, which is none other than the crossing of migrants through the Green Line....

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Chinese Grand Prix cancelled due to covid

Chinese Grand Prix cancelled due to covid

The Chinese Grand Prix that was due to take place next year has been canceled. Formula 1 said the Shanghai event set for 16 April would not happen "due to ongoing difficulties presented by the COVID-19 situation"....

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Paphos to become a 'smart' city after launch of digital projects

Paphos to become a 'smart' city after launch of digital projects

Six smart and digital city projects implemented by the Municipality of Paphos were inaugurated on Thursday by Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos....

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'FTX-style crypto crash won’t happen in Europe'

'FTX-style crypto crash won’t happen in Europe'

The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....

 |  BUSINESS
ICT specialists crucial as 80% of companies still allow remote work

ICT specialists crucial as 80% of companies still allow remote work

According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....

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Germany eases rules for internationals to obtain citizenship

Germany eases rules for internationals to obtain citizenship

The federal government of Germany has unfolded its plans to introduce new changes to its immigration law, among others, to make it easier for internationals to obtain citizenship....

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Minister says efforts to promote Cypriot wine bear fruit

Minister says efforts to promote Cypriot wine bear fruit

Energy Minister Natasa Pilides, who also oversees Commerce, said Wednesday that the first National Action Plan to promote Cypriot wine seem to be bearing fruit, as exports of wines in 2021 saw a rapid increase over 60%...

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Blabbermouth cop stirs pot in domestic violence trial

Blabbermouth cop stirs pot in domestic violence trial

An unusual arrangement between a police officer and his girlfriend in rural Nicosia, where the separated couple manage a farm together under a restraining order, took a sudden turn when the cop’s claims he had rekindled the relationship fell flat after admitting to an inquisitive judge that he did so by calling her on his mobile phone while in jail...

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Cyprus gets taste of EU’s €85 million with a caveat

Cyprus gets taste of EU’s €85 million with a caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

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Turkey again calls on Greece to demilitarize islands

Turkey again calls on Greece to demilitarize islands

Turkey’s National Security Council said on Thursday that it 'expects' Greece to immediately demilitarize its Aegean islands off the Turkish coast...

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Scholz OK's transfer of 500 asylum seekers from Cyprus

Scholz OK's transfer of 500 asylum seekers from Cyprus

Germany's solidarity with Cyprus on the migration issue was conveyed to President Nicos Anastasiades by German Chancellor Olaf Scholz, who, during their recent meeting in Berlin, expressed his country's intention to receive 500 asylum seekers from Cyprus....

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Austria to EU: Deport refugees to Rwanda pending asylum approval

Austria to EU: Deport refugees to Rwanda pending asylum approval

The Austrian Interior Minister, Gerhard Karner, has called for the EU to establish asylum procedures in safe third countries, similar to models that Denmark and the United Kingdom have agreed to operate....

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December charity fashion bazaar for families in need

December charity fashion bazaar for families in need

A FASHION Bazaar is being put on by the Alcyonides Charity Association in December 2022. This event has been a yearly tradition for some time and is crucial for raising money for the causes that Alcyonides is committed to supporting....

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Pope wants common Easter date for Catholic and Orthodox

Pope wants common Easter date for Catholic and Orthodox

Both the Catholic and the Orthodox Churches have spoken about resolve to find a shared date for Easter, and it seems that this goal might be closer than ever....

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Former Justice Minister Kypros Chrysostomides dies at age 80

Former Justice Minister Kypros Chrysostomides dies at age 80

Lawyer and politician Kypros Chrysostomidis passed away at the age of 80. He had health issues in recent years. His funeral will be held on Saturday at 11 a.m. in Nicosia's Church of Saints Constantine and Helen. From 10 a.m. to 11 a.m., his family will accept condolences....

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Home grown Cypriot company acquired by UK entertainment firm

Home grown Cypriot company acquired by UK entertainment firm

Born out of their passion for theater, 'Stagedoor' was founded in 2014 by Yiannis Gavrielides (Invelopment Partners, Covve) and Paris Erotokritou (Fresh Target Theatre), along with Michael Hadjijoseph (Stagedoor CEO) and Alex Cican (Stagedoor CPO) who contributed their expertise in technology and product management. ...

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Hellenic Bank soon to be under the control of Eurobank

Hellenic Bank soon to be under the control of Eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

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Work-life balance of European women worse after covid outbreak

Work-life balance of European women worse after covid outbreak

European women’s work-life balance has worsened since the start of the Covid-19 pandemic in 2020, a European Institute for Gender Equality (EIGE) report shows....

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Over half a billion euro in government surplus so far this year

Over half a billion euro in government surplus so far this year

Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....

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Both sides calling for talks to resume 'as soon as possible'

Both sides calling for talks to resume 'as soon as possible'

Νegotiations for the Cyprus problem should be restarted “as soon as possible”, for a solution only in the framework of a united federal Cyprus, Greek Cypriot and Turkish Cypriot parties said on Wednesday after their regular meeting at Ledra Palace hotel in the Nicosia buffer zone, in the framework of the bi-communal dialogue under the auspices of the Embassy of the Slovak Republic in Nicosia....

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Inflation rate in Cyprus expected to fall to 8.3%

Inflation rate in Cyprus expected to fall to 8.3%

Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European Union....

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Cyprus scolded for failing to transpose EU laws

Cyprus scolded for failing to transpose EU laws

The European Commission has sent letters of formal notice to Cyprus for having failed to notify national measures transposing two directives regarding road safety...

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Teacher on trial for touching girls inappropriately

Teacher on trial for touching girls inappropriately

A male teacher at a junior high school in Limassol will be arraigned next month on dozens of charges following accusations from nine girls who say the educator was touching female students inappropriately during class...

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Fisher backs federal model in Cyprus peace talks

Fisher backs federal model in Cyprus peace talks

I will use the full weight of my office to support Cypriot-led, UN-facilitated efforts to reunify Cyprus as a bizonal, bicommunal federation with political equality for all Cypriots candidate for the position of the US Ambassador to Cyprus, Julie Fisher, has assured...

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Cyprus helps uncover VAT carousel fraud

Cyprus helps uncover VAT carousel fraud

Cypriot authorities swung into action after an investigation of fraudulent activity in Portugal was expanded through the European Public Prosecutor’s Office, with several companies on the island reportedly linked to a scheme that cost Lisbon tens of millions in tax revenue...

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Lawyer Andreas Pittadjis denies all charges in 'golden passport' trial

Lawyer Andreas Pittadjis denies all charges in 'golden passport' trial

Based on the findings of the Nicolatos Committee, the four defendants in the criminal case involving Al Jazeera news network reporting and the events surrounding the naturalization of foreign investors and businessmen were brought before the Nicosia Permanent Criminal Court....

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BUSINESS

Brace for another interest rate hike in June, Cyprus Central Banker warns

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Driver arrested after police say preliminary drug test returned a positive result. File photo
NEWS

Road worker fighting for life after being hit on motorway

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