Search

151. Cyprus requests €89.2M in EU grants for recovery plan

The European Commission received a payment request on Thursday from Cyprus for €89.2 million in grants, netting €76.9 million after pre-financing....

152. ICT sector powers Cyprus' economic growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

153. Cyprus to sell €1 billion bond after improved credit ratings

The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......

154. Cyprus reforms are a comedy of errors in governance

Following last Sunday's vote, the much-publicized local government reform will take effect on July 1. This, like many other reforms, has been carried out in typical Cypriot fashion. ...

155. Cyprus plans €3.1B climate investment by 2030

Cyprus’ total investment on climate change in both EU and public funds as well as private investments are estimated to amount to €3.1 billion by 2030, the Finance Ministry has said....

156. Ministry probes public works tenders from 10 years ago

A report by Apostolos Tomaras in this Sunday's Kathimerini delves into how Cyprus is grappling with significant issues in its public construction projects, like the renovation of Larnaca's port, which have faced major delays and complications....

157. CBC chief warns: Tax on big profits could hurt economy

The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...

158. Newly elected leaders of Nicosia District officially announced

The newly elected mayors, municipal councilors, school superintendents, community mayors, and community council members of the Nicosia district were officially proclaimed on Tuesday....

159. Andreas Vyras celebrates re-election as Mayor of Larnaca

Andreas Vyras, the mayoral candidate for Larnaca, expressed gratitude and a renewed commitment to hard work and collaboration following his apparent re-election....

160. Fitch upgrades Cyprus to 'BBB+'

Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....

161. Cyprus wins IMF praise for strong recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

162. Palestinian delegation urges action, not just words, from Australia

Palestinian officials have asked for Australia’s help in ''building vibrant democratic institutions'' and fighting corruption, as part of talks aimed at meeting the Albanese government’s conditions for recognising Palestine as a state....

163. Cyprus and Greece health ministers discuss transplant cooperation

In a bid to fortify health alliances across Europe, Greek Minister of Health, Adonis Georgiades, underscored the necessity for intensified collaboration among European states......

164. Banks stress need for government support in ESG initiatives

Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....

165. Uncovering transparency issues in public contracts

The uproar surrounding a revitalizing project on the outskirts of Nicosia, the capital, is just a drop in the bucket compared to the broader issues plaguing certain contracting firms and the administration overseeing public contracts....

166. Cyprus football's new horizon with privately owned stadiums

The era we find ourselves in appears to signify the beginning of significant change in the professional league, reminiscent of historical shifts that brought......

167. EU announces €1B aid package for Lebanon during visit

European Commission President Ursula von der Leyen announced a substantial €1 billion support package for Lebanon, emphasizing the European Union's enduring commitment to assist the country and its people....

168. President Christodoulides reviews progress on government actions

169. Scotland's leader Yousaf steps down amidst turmoil

Scotland's leader Humza Yousaf resigned on Monday, further opening the door to the UK opposition Labour Party regaining ground in its former Scottish heartlands during a national election expected to be held later this year. ...

170. President engages in diplomatic dialogue with Cuellar

Government Spokesperson Konstantinos Letymbiotis said on Friday that a meeting between President of the Republic Nikos Christodoulides and UNSG's personal envoy for Cyprus Maria Angela Holguin is scheduled to take place in the first ten days of May....

171. President Christodoulides spearheads healthcare reform in Cyprus

Τhe President of the Republic, Nikos Christodoulides, announced "bold reforms" in the health sector, while addressing on Monday an event for the European Patients' Rights Day, organised by the Cyprus Federation of Patients’ Associations (CyFPA) at the Presidential Palace. ...

172. Cyprus faces backlash over forced deportations of refugees

The European Union is on track to unveil a support package for Lebanon by May 2, as announced by President Christodoulides, according to George Kakouris' article in Kathimerini's Sunday edition....

173. EU champions ocean health with $3.71 billion investment

The European Union will spend 3.5 billion euros ($3.71 billion) to protect the ocean and promote sustainability through a series of initiatives this year, the EU’s top environment official said on Tuesday. ...

174. What economic headlines are making waves this week?

Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...

175. Cyprus launches crucial tax reform study, President says

A study on the level of chargeable income tax is in progress, as part of the wider effort over a tax reform in Cyprus, President Christodoulides said on Thursday afternoon....

176. Politico: Greek companies under scrutiny in EU fund fraud probe

Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece. ...

177. Cyprus Fire Service policy sparks concerns among lawmakers

The recent implementation of a new policy by the Fire Service of Cyprus regarding premises control has ignited discussions within the Parliamentary Committee on Energy, Commerce, Industry, and Tourism. ...

178. CBC Governor faces toughest banking challenges yet

A new dawn breaks with the appointment of Mr. Christodoulos Patsalides as the Central Bank of Cyprus's new governor, heralding both promise and challenge....

179. Deloitte reveals steady surge in Cyprus real estate transactions

Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....

180. President Christodoulides hails financial progress with new CBC Governor

The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....