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1. Two key undersea communication cables cut in Baltic Sea

Two important undersea communication cables in the Baltic Sea were cut recently, and it looks like it was done on purpose. ...

2. Annual International Meeting of the Contact Committee

The Audit Office of the Republic of Cyprus is organizing the Annual Meeting of the Contact Committee, which it chairs, at the Cap. St. Georges Hotel & Resort in Paphos, on Wednesday and Thursday, October 16 and 17, 2024. ...

3. ECB to review AKEL’s proposed bank tax amid financial concerns

The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...

4. Finance Minister coordinates with EU Trio on 2025 Presidency

Minister of Finance Makis Keravnos met in Luxembourg with his counterparts from Poland and Denmark regarding the preparation of the Cypriot......

5. Freedom24 Reaches 300,000 Customers Milestone

We are thrilled to announce that the number of users on the innovative Freedom24 trading platform has surpassed 300,000. This significant achievement underscores our platform's technological superiority and the growing trust and confidence of our customers....

6. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

7. New Cyprus-Baltic business association to strengthen economic ties

The Cyprus Chamber of Commerce and Industry (CCCI) announced the establishment of the Cyprus-Baltic States Business Association aiming to promote, expand and encourage economic and trade relations between Cyprus and the Baltic States....

8. Cyprus has second largest decrease in firefighter jobs across EU

The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat. ...

9. Politico: Cypriot firm linked to Belarusian leader exploits sanctions loophole

A recent investigation by Belarusian journalists has uncovered that a company based in Cyprus is profiting from inflated contracts related to the export of potash, a key ingredient in fertilizer, from Belarus....

10. Olympic medalists receive life-changing rewards from home countries

11. 2% of winter visitors to Cyprus stay in occupied areas

A new survey from Hermes Airports shows that 2% of tourists visiting Cyprus during the winter months (October 2023 - March 2024) stayed in the occupied areas. Additionally, 3% visited the occupied areas while staying in the free areas....

12. Rentals rise as home ownership trends change

Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....

13. Transport minister Vafeades calls for fair climate laws in shipping

Transport Minister Alexis Vafeades spoke of the need to prevent the side effects of legislation to tackle climate change on the shipping sector and ports, during discussions in the Transport Council of the EU held on Tuesday in Luxembourg....

14. Cyprus leads Europe in prison overcrowding

Cyprus leads Europe in prison overcrowding and the percentage of female inmates, according to the Council of Europe’s Annual Penal Statistics on Prison Populations (SPACE I) for 2023, released Thursday....

15. NEOLAiA leaders urge EU election participation

The Rectors and Presidents of the NEOLAiA European University Alliance have issued a joint statement emphasizing the significance of the upcoming......

16. EU warns Cyprus on 15% business tax compliance

The European Commission has warned Cyprus and several other countries to step up their game on important new tax and data rules. Cyprus, along with Spain, Latvia, Lithuania, Poland, and Portugal, is under pressure to enforce a minimum 15% tax rate for big multinational companies, a key part of the EU’s efforts to ensure fair taxation....

17. Dublin launches portal linking to New York

A cutting-edge installation has forged an unprecedented link between Dublin and New York City, enabling continuous real-time interaction among residents and visitors alike....

18. Silia Kapsis soars to Eurovision grand final, represents Cyprus with pride

Silia Kapsis, the talented young singer representing Cyprus, stole the show in the first semi-final of the 68th Eurovision Song Contest....

19. Cyprus' media and language sector shrinks while EU expands

The number of people working as authors, journalists or linguists in the EU increased by 9.1% in 2022 compared to 2017, while in Cyprus the number......

20. Tougher regulations loom for tobacco heat sticks in Europe

European governments are weighing the introduction of tougher rules on cigarette makers’ new zero-tobacco heat sticks, moving to close the loopholes they were designed to exploit just months after their launch. ...

21. Cyprus boasts second largest EU-born resident share

Cyprus had the third largest share of foreign-born residents among EU countries (22.7%), and more specifically the second largest share of residents born in another EU country (10.6%) in 2023, according to data released by Eurostat....

22. US Embassy Nicosia hosts exhibit of Ukrainian women amid Russian aggression

On the somber occasion of the second anniversary of Russia’s brutal re-invasion of Ukraine, U.S. Embassy Nicosia, in collaboration with Sunseed Art and Resilient Ukraine, is the proud sponsor of an art exhibit that depicts the faces, roles, stories, and remarkable resilience of Ukrainian women....

23. Protests erupt worldwide over Navalny's death

Hundreds of demonstrators, many Russian expatriates, took to the streets in various cities globally on Friday to denounce the demise of Kremlin critic Alexei Navalny....

24. Cyprus' 3.7% greenhouse gas increase stands out in EU

In the third quarter of 2023, greenhouse gas emissions through economic activity had increased by 3.7% in Cyprus and decreased by 7.1%......

25. EU radio stats: 30,000 jobs, €4B revenue

About 30,000 persons were employed by radio broadcasting enterprises across the European Union in 2022, with these enterprises recording a net turnover......

26. Growth in women's roles in science and engineering

Women made up 44% of the science and engineering workforce in Cyprus in 2022, a trend that aligns with the EU average of 41%, according to Eurostat data released on the UN's International Day of Women and Girls in Science....

27. Is dining out turning luxurious?

It's no secret that our favorite cafes and fast-food joints are becoming increasingly expensive, leaving a bitter taste in the mouths of consumers. The recent surge in prices, fueled by the relentless march of inflation, is reshaping our spending habits and challenging our wallets....

28. Cyprus ranks fourth in EU for cars per capita, exceeding average

In 2022, Cyprus ranked as the country with the fourth-highest number of passenger cars per population, boasting 658 cars per 1000 inhabitants, significantly surpassing the EU average of 560 vehicles per 1000 inhabitants, according to Eurostat, the statistical service of the European Union....

29. Cyprus dominates EU exports in November

Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......

30. European data shows low interest payouts by Cypriot banks

Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....