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181. Cyprus projects €1.13 billion fiscal surplus for 2025

Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...

182. Olive oil and potato prices surge in Cyprus by over 50%

Olive oil and potatoes saw the largest annual price increases in September 2024, surging by 61.3% and 57.7% respectively, according to data from the Cyprus Consumer Association....

183. Cypriots evacuated from Lebanon with help from Greek Air Force (vid)

A Greek Air Force C-130 aircraft arrived in Cyprus on Thursday, safely evacuating 38 Cypriot citizens from Lebanon, following a request through the Embassy of the Republic of Cyprus in Beirut....

184. Activists call on Parliament to address police behavior during protest

Giorgos Tattis and Oz Karahan are scheduled to appear in court on November 18 following their arrest on Tuesday morning, October 1......

185. Iris the sea crow sets record with 500-kilometer journey across Cyprus

In a surprising and unprecedented journey, Iris, a young Sea Crow fitted with a satellite transmitter in February, has stunned researchers by covering nearly 500 kilometers across Cyprus in just three days....

186. Inflation slows to 0.7% in September due to falling oil prices

Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....

187. House prices in Cyprus rise 2.5% year-on-year in Q2 2024

Τhe House Price Index for the second quarter of 2024 amounts to 112.86 units, according to preliminary estimate of the Statistical Service. Compared to the Index of the corresponding quarter of 2023, the Index increased by 2.5%. ...

188. Delays continue to hit GSP square, Nicosia’s future urban hub

According to a report by Kathimerini's Dorita Yiannakou, Nicosia residents have been eagerly awaiting the completion of the city’s largest public square and green spaces, a redevelopment of the old GSP stadium that has been delayed by over a year....

189. Cyprus reveals ''Crystal Waters'' as Junior Eurovision 2024 entry

Cyprus has unveiled its entry for Junior Eurovision 2024, a song titled "Crystal Waters," performed by 11-year-old Maria Pissarides. The announcement was made by Cyprus' national broadcaster, CyBC....

190. Cyprus Central Bank raises 2024 GDP growth forecast to 3.5%

The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East. ...

191. Deloitte Cyprus issues its annual Transparency Report: Fostering resilience, creating enduring value

Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...

192. KEDIPES extends business plan to 2030 for full repayment of state aid

The Cyprus Asset Management Company (KEDIPES) has extended its business plan by three years, pushing its timeline to 2030, with the goal of fully repaying the €3.54 billion in state aid received in 2018....

193. Google to participate as supporter and speaker at Digital Agenda Cyprus Summit 2024

The organizing committee of the Digital Agenda Cyprus Summit is pleased to announce Google's participation as an official supporter of the 2024 summit. Enrico Ciampini, a senior executive at Google Europe based in Milan...

194. KPMG Academy: Upcoming Seminars focused on professional growth

The KPMG Academy is celebrating 15 years of delivering top-tier professional development in Cyprus. Known for its high-quality training programs, the Academy is gearing up for the next semester......

195. Cabinet greenlights solar water heating grants up to €900

The Cabinet approved a grant scheme on Wednesday aimed at installing solar water heating systems in homes, according to Energy, Commerce, and Industry Minister Giorgos Papanastasiou....

196. Malfy Gin at the 5th Cyprus Cocktail Festival

The highly anticipated Cyprus Cocktail Festival, now in its fifth year, returns for another unforgettable evening, offering exclusive signature cocktails from 20 top bars in Cyprus and abroad....

197. Israel’s Ambassador to Cyprus denies abduction rumors, confirms he is safe

Israel's Ambassador to Cyprus, Oren Anolik, assured the public on Tuesday that he is safe following false rumors circulating on social media about his alleged abduction. ...

198. Real estate investment opportunities by AstroBank

AstroBank has listed for sale a large tourist plot of land and other residential, commercial and rural properties in Limassol, Nicosia, Larnaca, Famagusta and Paphos....

199. China’s electric vehicle sales plummet in Europe amid EU tariffs

Chinese automakers are seeing a sharp decline in electric vehicle (EV) sales across Europe, with sales figures dropping to their lowest in the past 18 months. ...

200. Cyprus celebrates 64th Independence Day with military parade

Cyprus marked its 64th Independence Day today with a military parade in Nicosia. Key political, religious, and military leaders, including President Nikos Christodoulides and Greece’s President Katerina Sakellaropoulou, attended the event alongside foreign ambassadors and defense officials....

201. Lights in sky over Cyprus linked to Iranian missile launches, no immediate threat (video)

Cyprus residents reported seeing bright lights in the sky on Tuesday night, which may be linked to the debris from Iranian ballistic missiles launched toward Israel. ...

202. New Chief and Deputy Chief of police sworn in amid calls for action

The confirmation ceremony for the new Chief of Police, Themistos Arnaoutis, and Deputy Chief of Police, Panikos Stavrou, took place today at the Presidential Palace, with President Nikos Christodoulides and other government officials in attendance....

203. Cyprus tourism revenue rises to €474 million in July

Tourism revenue in Cyprus grew by €19.4 million in July 2024, reaching €474.0 million, an increase of 4.3% compared to €454.6 million in July 2023, according to the results of the Passenger Survey carried out by the Statistical Service....

204. Cyprus' credit rating upgraded due to strong economy and lower debt

Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....

205. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...

206. Israel-Hezbollah conflict escalates after Nasrallah’s assassination

The conflict between Israel and Hezbollah has entered a new and uncertain phase following the death of Hezbollah’s leader, Syed Hassan Nasrallah. ...

207. Israel claims Hezbollah leader Nasrallah killed in airstrike

208. The Best Street Food Options at the 5th Cyprus Cocktail Festival

The Cyprus Cocktail Festival is set to take place on Wednesday, 9 October 2024, at 6 p.m. along Bosta Street, adjacent to the Nicosia Municipal Theatre, promising an unforgettable evening filled with unique cocktails....

209. Escaped convict armed and allegedly heading to Columbia

Authorities in Cyprus are in an intense manhunt for 42-year-old Isovite Doros Theofanous, known as “the hairdresser,” who staged a daring escape from his parents’ home in Choletria, Paphos on Thursday, September 26. ...

210. Cyprus abolishes planning permission for low-risk developments

According to a report by Kathimerini's Pavlos Neophytou, effective October 2, 2024, Cyprus will eliminate the need for planning permission for low-risk developments, such as the construction of one or two residential units. ...