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91. 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. ...

92. Israeli airstrike hits Beirut, killing six in escalating conflict

Israel bombed central Beirut early Thursday, killing at least six people, following its deadliest day on the Lebanese front in a year of clashes with Hezbollah. ...

93. Warm days ahead

A weak high-pressure system is affecting the region today, bringing mostly clear skies with the possibility of locally increased clouds in the afternoon....

94. Cyprus’ dirty waste secret haunts ex-Minister eyeing EU job

A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....

95. Cyprus banks hike mortgage rates as new loans drop by a third in August

Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....

96. Why Cyprus is not at risk from Iran's ballistic missiles

The recent escalation between Israel and Iran—marked by Tehran’s ballistic missile attack on Israel Tuesday night—and the ongoing conflict in Lebanon have raised concerns for the Republic of Cyprus....

97. Iran fires missiles at Israel, escalating tensions in the region

Iran launched a wave of missiles at Israel on Tuesday evening, dramatically increasing tensions in the already unstable Middle East. The attack, which saw around 180 missiles fired, sent millions of Israelis scrambling to bomb shelters and heightened fears of an all-out war between Israel and Iran....

98. Cyprus braces for migrant surge as war in Lebanon intensifies

A year after hostilities erupted in Israel, the conflict has now expanded to Lebanon, reigniting fears about the stability of the Middle East....

99. Naomi Campbell banned from charity role for misusing funds

Supermodel Naomi Campbell has been banned from serving as a trustee for any charity for five years after an investigation revealed significant financial misconduct within her organization, Fashion For Relief....

100. Cyprus banks have €28.7 billion in cash and liquidity

The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....

101. Cyprus falls behind on EU recovery plan, meets only 5% of targets

In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....

102. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

103. Kremlin pushes procreation amid declining birthrate, encourages 'sex at work'

Russia’s top health official has urged workers to consider procreation during breaks, as part of an effort to counter the country’s population decline, a move supported by President Vladimir Putin’s long-standing push for higher birth rates....

104. Protest outside Presidential Palace against auditor general's suspension

A protest organized by the left-wing AKEL party took place outside the Presidential Palace on Monday, under the slogan ''Against the system of corruption and cover-up!''...

105. Cyprus faces water shortage as dams reach critically low levels

Cyprus is facing a significant water shortage as dam levels plummet due to a severe drought and ongoing climate changes, raising concerns among national and local authorities. ...

106. Oxford and Cambridge slip from top university rankings

In a surprising turn of events, the University of Oxford and the University of Cambridge have fallen to their lowest rankings ever in the UK’s prestigious university list....

107. Man seriously injured after diving from veranda and missing pool

A 55-year-old man suffered serious injuries on Thursday evening, September 19, after a fall at a rented house in Peyia....

108. Supreme Court ruling shakes political landscape in Cyprus

In a report written by Kathimerini's Christos Bouris, the recent decision by the Supreme Court to remove Odysseus Michaelides from his role as Auditor General marks a significant and historic event in Cyprus. ...

109. Cyprus inflation falls to 2.2% in August

Inflation in Cyprus dropped to 2.2% in August, down from 2.4% in July, matching the overall trend in the eurozone. Across the EU, inflation also fell to 2.4%, compared to 2.8% the previous month, according to Eurostat. A year ago, inflation rates were higher, with Cyprus at 3.1% and the eurozone at 5.2%....

110. Homebuyers face mounting debts as developers' loans go unpaid

111. Bank of Cyprus reduces loan rates to 3.65% amid ECB policy shift

The Bank of Cyprus is lowering the reference interest rate on loans linked to the European Central Bank’s (ECB) base rate, effective Sept. 18, 2024....

112. Cyprus Air Traffic Control relocation to Kokkinotrimithia underway

The Ministry of Transport, Communications, and Works has announced that intensive preparations are underway for relocating the Air Traffic Control Center of Civil Aviation to its new, purpose-built facility in Kokkinotrimithia....

113. How digital wallets could simplify life in Cyprus

All modern states are required to develop their digital tools to better serve their citizens quickly and efficiently. ...

114. With Cyprus sending electricity to occupied areas, water exchange could be next

An article from the Turkish edition of the Independent raises concerns about the possibility of Greek Cypriots needing to request water from the Turkish-occupied areas in the coming years. ...

115. Excavations in Karavas to find remains of Turkish invasion victims

Excavations have begun in the ‘Pente Mili’ area of Karavas in Cyprus' occupied Kyrenia district, for locating the remains of the first victims of the Turkish invasion, approximately 40-70 people, the House Committee on Refugees, heard on Tuesday, as well as that developments were expected regarding the issue of remains that were sprayed with chemicals and could not be identified....

116. Cyprus trade deficit drops 17% in 2024

Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...

117. High-stakes talks on Cyprus-Greece power link leave crucial questions unresolved

A high-level meeting at the Presidential Palace in Nicosia has concluded discussions on the Great Sea Interconnector (GSI), the ambitious electricity link between Cyprus and Greece....

118. Tiny house, big rent: Limassol's housing crisis hits new heights

It's no secret that rental prices in Cyprus, especially in Limassol, have skyrocketed to absurd levels. With people struggling to find affordable housing amidst a sea of luxury apartments and inflated costs, one local decided to poke fun at the situation—and it's hilarious!...

119. Scattered showers and storms across Cyprus

A low-pressure system and unstable air mass are affecting the region, bringing varying weather conditions....

120. Oil and potatoes lead price hikes in August

Olive oil and potatoes saw the steepest price increases in August 2024, according to the latest data from the Cyprus Consumer Association....