Search

721. Phone ringing, debt ignored: Cyprus faces loan repayment hurdles

Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....

722. Christodoulides unveils €60M relief package amid rising prices

In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...

723. Cyprus delays 15% multinational tax enforcement

Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....

724. Cyprus economy 2024: Ktrends reveals challenges and successes

Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...

725. Netherlands tops global pension charts

A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....

726. Greek farmers descend on Athens protesting economic hardships

In a demonstration mirroring concerns across Europe, Greek farmers drove tractors into Athens on Tuesday to protest outside parliament, citing issues with rising energy costs, foreign competition, and recent flooding. ...

727. Cyprus emerges as key hub for EMC project with $300 Million Funding

The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...

728. EY Cyprus welcomes two new partners to power growth

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....

729. Cyprus and Greece report lowest EU foreign investment

Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy. ...

730. Banks urged to accelerate loan restructurings

The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....

731. Greece joins 28 nations in recognizing same-sex families

In a groundbreaking move, Greece has joined over 37 nations in granting recognition and equal rights to families with same-sex parents....

732. Cyprus confirms extensive gas find in 'Cronos-2' project

The Ministry of Energy, Commerce, and Industry announced the successful completion of the assessment drilling operations for "Cronos-2" within Block 6 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus....

733. 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%......

734. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

735. Cyprus trade deficit soars to €8.57 Billion in 2023

Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....

736. Global academics rally against India's Great Nicobar development project

In a fervent plea echoing concerns of humanitarian and environmental repercussions, academics worldwide have implored India to halt a monumental development initiative on Great Nicobar Island....

737. Deputy Mayor paychecks stir controversy in municipality overhaul

The upcoming implementation of local government reform, scheduled for July 1, is marred by distortions and overlooked techno-economic data, leading to non-viable municipalities. ...

738. US Ambassador: Cyprus vital for regional stability

In an era defined by conflict and rapidly changing geopolitical landscapes we see just how crucial Cyprus’ role is as a secure pillar of stability in the Eastern Mediterranean region, US Ambassador Julie Fisher said Thursday, addressing an event at the University of Cyprus....

739. Moody's sees positive shift in Cyprus economy

In a webinar panel discussion hosted by the Cyprus Economic Society, Haiko Peters, Vice President and Senior Analyst at Moody's Sovereign Risk Group, emphasized sustained improvements in the Cypriot economy....

740. Government to receive €1.2B for green transition and resilience plan

Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...

741. Cyprus embarks on €8 billion growth spree with major projects

In a recent press release, the Association of Large Investment Projects affirmed that Cyprus is poised for sustained economic growth, with a portfolio of major projects exceeding €8 billion. ...

742. Electricity subsidy extends to vulnerable consumers until February's end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

743. UN envoy Cuellar initiates diplomatic odyssey in Cyprus talks

Maria-Angela Olguin Cuellar has been in Athens since Monday morning, following her departure from Cyprus, where she engaged with key figures including the former President, Nikos Anastasiades......

744. Putin and Erdogan set to explore Russian-Turkish bank formation

Moscow and Ankara are set to discuss the establishment of a bank serving Russian and Turkish interests, among other topics, during the upcoming week, according to the Kremlin....

745. Curbing food waste for a greener tomorrow

Food waste poses a pressing issue requiring attention, contributing to uncontrolled food production and straining natural resources. Humans, as the predominant species on the planet, occupy a significant portion of land for food production....

746. 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....

747. Consumer alerts raised over potential fuel price hikes

Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....

748. University of Nicosia earns PRME Champion title for sustainability commitment

The University of Nicosia is proud to announce that it has been selected as a PRME Champion for the 2024-2025 cohort. This prestigious recognition is awarded by the Principles for Responsible Management Education (PRME), a United Nations-supported initiative....

749. T/C's want incentives from G/C's to return to talks

''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...

750. Bank of Spain governor to engage in economic talks with Cyprus officials