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1891. Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

1892. Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

1893. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

1894. Rome reportedly okays Lukoil sale to Cypriot firm

Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...

1895. Servers gradually back online after water leak

The government servers are gradually operating again as of Tuesday evening following the water leak at a basement next to the room where they are located at the Ministry of Finance. The leak was noticed on Monday afternoon and all the systems were shut down as a precaution. Efforts immediately began to restore and assess the damage...

1896. Second driver in fatal double hit and run sentenced

A man who was found guilty of manslaughter in a double hit and run fatality in Paphos was sentenced to six years in prison on Tuesday, with police still unable to locate the first car that struck the local woman unconscious...

1897. Finance Ministry says viral photo of server room is 'fake news'

A photo that has gone viral on social media shows a supposed flooded server room at the Ministry of Finance, which caused the shutdown of several government websites on Monday....

1898. Cypriots aren't shying away from trendy Easter getaways

Cypriots seem to have resumed their travels vigorously, with many of our fellow citizens opting for long getaways for the Easter holidays. Speaking to K, Acta's spokesman, Harris Papacharalambous, said that demand is at pre-coronavirus levels for both inbound and outbound travel....

1899. Greek and Turk connect over tombstone in Istanbul

Kerem Soyyilmaz knew very little about the 1923 population exchange between Greece and Turkey but felt such a strong urge to investigate after discovering in the summer of 2017 a marble slab with an inscription in Greek...

1900. North unhappy after US sub anchors in Limassol

Ankara and the Turkish Cypriot leadership repeated warnings over the weekend about Washington 'disrupting the balance' on the divided island, with their latest criticism targeting a deployed US attack submarine that anchored in Limassol...

1901. Cypriot fund facing mighty resistance in Lukoil deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

1902. Ukrainian defense minister hurries down to Cyprus

Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...

1903. €130M grant plan proposed for 358 refugee apartment buildings

In an effort to effectively manage buildings in government housing estates and address observed structural issues, the Ministry of Interior has prepared a comprehensive Sponsorship Plan to be presented at Friday's Cabinet meeting. ...

1904. Updated traffic schedule eases burden, but requires motivation and deterrents

The flexible working hours in the public service, which were passed by Parliament on Thursday and will come into effect from May 1, are expected to provide some relief to Nicosia's traffic problem....

1905. Police seek middle ground in lambradjia madness

Officials in Cyprus appear to tolerate lambradjia bonfires even though they are illegal, with police and fire departments pushing for new legislation to tackle a long and dangerous Easter tradition on the island that is not easy to change...

1906. Cyprus’ Armenian rep calls on more countries to recognize

The Armenian religious representative in the Cypriot parliament told lawmakers on Thursday that the island’s support to his people has been 'invaluable' over the years, with the House observing a moment of silence for victims of the persecuted group during WWI...

1907. President says petty politics not behind IMO decision

Political criticism in Nicosia over not backing an ex-minister to lead a UN international shipping agency continues to dominate headlines this week, with President Nikos Christodoulides rejecting allegations that a lack of support was out of spite due to presidential election preferences...

1908. Delays unclear over Cypriot-fueled Lukoil deal

An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...

1909. Nikos Christodoulidis meets with President Sisi in Cairo

Cyprus’ President, Nikos Christodoulides, arrived in Cairo on Wednesday for a two-day visit, while later in the day he is to hold talks with his Egyptian counterpart, Abdel Fattah El-Sisi....

1910. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

1911. Authorities identify robbers behind 180,000 Euro diamond heist

A jewelry store in Limassol was robbed on Monday afternoon, with the perpetrators stealing a diamond worth 180,000 euros and weighing five carats....

1912. Investors flock to 'green' bonds as a secure investment

1913. Inside the high-stakes prosecution of a former president

Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...

1914. Minister of Agriculture announces his four priorities

Minister of Agriculture, Petros Xenophontos, outlined his four priorities for the agriculture sector during an interview on the DIASPORA news show. ...

1915. Ex minister worries Nicosia dropped IMO ball out of spite

A Cypriot former minister is calling on the new government to offer an explanation as to why the Republic of Cyprus failed to seek a nomination currently being sought by foe Turkey at a UN agency responsible for regulating shipping, hinting at revenge politics and calling on his party to seek answers...

1916. Doubts raised over Larnaca airport breach story

A cloud of uncertainty has emerged over media reports about a serious security breach at Larnaca International Airport, with both airport and government officials in Cyprus raising a number of questions about the alleged incident...

1917. City employee arrested in driver permit middleman scandal

More suspects including a civil servant have been arrested in the document fraud scandal where foreign food delivery drivers allegedly paid hundreds of euros to a middleman in order to secure a driver’s permit...

1918. Kyriakos Kouros assumes post as DG of Ministry of Foreign Affairs

Kyriakos Kouros has today taken up the position of Director General of the Ministry of Foreign Affairs....

1919. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

1920. Greeks get chills over American feta cheese

Greek authorities and local dairy industries are up against yet another case of feta imitation and the unlicensed use of the name of Greece’s most popular cheese...