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91. Resolution on drug shortage issue expected next week

Health Minister Michalis Damianos anticipates a solution to the ongoing drug shortage issue by early next week, he announced Friday....

92. Cyprus President meets business leaders on HR, energy, and tax

93. Ice cream prices melt wallets by 8.07% more

As temperatures rise, so do the prices of summer essentials in Cyprus, with ice creams, package holidays, and hotel stays seeing noticeable hikes compared to last month, according to data released by the Cyprus Consumers Association....

94. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

95. Reflect Festival highlights traffic and housing challenges in Limassol

The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...

96. ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

97. President announces €10 Million boost for Cyprus tourism

President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....

98. Reunification talks face challenges, UN envoy finds parties far apart

The ongoing efforts to reunify Cyprus have hit another roadblock, as the Personal Envoy of the Secretary-General, former Colombian Foreign Minister Ms. Holguin, finds significant gaps between the negotiating parties. ...

99. Is Larnaca the new Limassol?

Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....

100. Banks contribute over €854M in taxes amid controversy over proposed levy

In the last seven years (2017-2023), Cypriot banks have collectively paid more than €854 million in income tax, special taxes, and VAT, according to a report by Panayiotis Rouglas in last Sunday's Kathimerini....

101. Cyprus cancels Russian billionaires' passports from Christofias era

Cyprus has revoked the citizenship of two high-profile Russian oligarchs who were naturalized during the presidency of Demetris Christofias. ...

102. Paphos hoteliers face mixed bag of occupancy rates in June

The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....

103. Cyprus ship registry grows amid global tensions

Cyprus’ ship registry experienced an increase in ocean-going vessels in the first half of the year, reversing a two-year decline due to geopolitical tensions impacting global shipping, Deputy Minister for Shipping Marina Hadjimanolis announced....

104. Cyprus lags in access to cutting-edge medicines

Cyprus falls behind in patient access to innovative medicines compared to other EU and EEA countries, ranking 23rd out of 36 nations, according to a survey by the European Federation of Pharmaceutical Industries and Associations (EFPIA)....

105. Will Cabinet decide to extend electricity subsidies?

The government is poised to discuss the renewal of the electricity subsidy measure, set to expire on June 30, at its upcoming Cabinet meeting, according to a report by Kathimerini's Hectoras Georgiou....

106. US Surgeon General urges social media warning labels

In a bold move aimed at protecting youth mental health, US Surgeon General Vivek Murthy has proposed mandatory warning labels on social media platforms, akin to those found on cigarette packages. ...

107. Cyprus alleges human trafficking at occupied zone universities

The Republic of Cyprus has filed a complaint against "academic institutions" in the occupied areas to the European Association for Quality Assurance......

108. Union fears lower language standards risk patient health

The Union of Public Employees - PASYDY is worried about plans to make it easier for nurses and midwives to get licensed to work in Cyprus....

109. Schools to close early on Friday due to heatwave

Education Minister Athina Michaelidou defended the government's decision to suspend classes early on Friday due to soaring temperatures, calling it a balanced approach despite inevitable discontent....

110. US sanctions target Russian-Cypriot connections

A Cypriot connection has emerged among the latest targets of US sanctions against Russia, with the US Treasury Department announcing penalties on Wednesday affecting individuals and entities linked to Cyprus. ...

111. Charalambos Prountzos elected as Nicosia mayor by wide margin

Charalambos Prountzos has been elected as the new Mayor of Nicosia by a significant margin....

112. Passenger traffic up at Larnaca and Paphos airports amid drop in hotel bookings

Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....

113. Olive oil prices soar 65% in Cyprus in May 2024

Olive oil prices in Cyprus surged by 65% in May 2024 compared to the same month last year, and increased by 2% from April 2024, according to the Consumer Index table compiled by the Cyprus Consumer Association and released on Friday....

114. Keravnos continues to call on banks to slash interest rates

Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...

115. FTI bankruptcy adds to woes of Cyprus tourism sector

The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....

116. 900 tourists in Cyprus affected by FTI Group bankruptcy

Around 900 tourists who purchased travel packages from the German-based FTI Group, which has recently filed for bankruptcy, are currently in Cyprus, Deputy Minister of Tourism Kostas Koumis said Tuesday....

117. Unpaid debts from FTI Touristik bankruptcy threaten Cyprus hotels

The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...

118. Vafeades confirms Qatar’s interest in Larnaca Marina development

Transport Minister Alexis Vafeades announced on Thursday that Qatar and other international investors have shown interest in the development of Larnaca Port and Marina. ...

119. Cyprus wins 6 medals at Balkan Athletics Championships

Cyprus secured six medals, two gold, two silver and two bronze at the 77th Balkan Athletics Championships held in Izmir, Turkey....

120. Cyprus prepares special polling booths for wheelchair users

In a move to ensure accessibility and inclusivity in the electoral process, the Chief Returning Officer has announced the establishment of special polling booths for voters in wheelchairs during the upcoming June 9 elections in Cyprus....