Search

1. Clocks in Cyprus spring forward this weekend

Residents in Cyprus will lose an hour of sleep after Daylight Saving Time goes into effect Sunday morning, with European officials and public opinion still divided on whether there is value in switching back and forth at all...

2. Slight increase in fuel prices

A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...

3. Marinas of the future with antiquated regulations

The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....

4. High prices continue to plague the market

5. Inflation sees downward trend for 7th month in a row

The cost of living in Cyprus has decreased for the seventh month in a row, with the rate of inflation dropping to 6.7% in February. This is down from a peak of 10.6% in July 2022. ...

6. Macron under pressure as pension protests turn violent

French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....

7. Video contradicts Moscow's version of events

The US Department of Defense released a video on Wednesday of a Russian Sukhoi Su-27 fighter jet attacking the US MQ-9 "Reaper" drone over the Black Sea, contradicting Moscow's claim that it had any contact with the drone....

8. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

9. Criticism grows as Europe pushes to restrict cars in cities

In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...

10. Government's fuel tax reduction scheme extended to May 4th

The President of the Republic Nikos Christodoulides has already signed the law extending the reduction of fuel taxes until May 4, 2023, following the approval of the relevant bill today, by the House Plenary....

11. COVID origin debate back in the news

A new classified report in the United States says COVID-19 was probably the result of a laboratory leak, fueling further debate on the origins of the pandemic as a House subcommittee prepares to tackle the issue that has divided the world politically and scientifically...

12. Electricity subsidies extended for another two months

The Council of Ministers, which convened on Wednesday for the last time under outgoing President of the Republic Nicos Anastasiades, approved the extension of a subsidy for the cost of electricity consumption as well as reduced excise for specific products....

13. EU's natural gas consumption drops by 19.3%

The EU consumption of natural gas has dropped by 19.3% in the period August 2022 - January 2023, compared with the average gas consumption for the same months (August - January) between 2017 and 2022, according to information from member state official sources and reported by Eurostat, the statistical service of the EU....

14. All new city buses in the EU to have zero emissions by 2030

The Commission of the European Union has presented a plan through which it requires new buses operating within the bloc to have zero emissions by the year 2030....

15. PwC: 5.2 billion in real estate transactions in 2022

Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...

16. Nicola Sturgeon resigns as Scotland's first minister

Nicola Sturgeon will stand down as first minister of Scotland, she has announced at a press conference....

17. FT report details secret meetings between Mitsotakis, British Museum chair

The secret meetings between Greek Prime Minister Kyriakos Mitsotakis and British Museum chair George Osborne as they explore a deal to end the dispute over the Parthenon Marbles are documented in a report published in the Financial Times on Friday....

18. Nicosia on weapon-buying spree before runoff election

The outgoing President’s Cabinet in the Republic of Cyprus has approved the purchase of lethal weaponry from the United States just days before a highly contested runoff election on the island, which is also expected to receive attack helicopters this year after a controversial decision in Berlin...

19. An invisible, 3-D printed superyacht could be a reality by 2030

Superyachts, long considered flashy toys of the uberwealthy, are meant to be seen. But that’s not the case for a new concept vessel by Jozeph Forakis. ...

20. Only one week left until the Cyprus presidential elections

With only one week until the February Presidential elections, candidates continued to deliver stump speeches at gatherings and meet with associations during the weekend. The issues they highlighted in their campaigns concerned issues in relation to the economy and the Cyprus problem, among others....

21. Pilides: Government to push for more home solar panel installations

The Government does not intend to stop the measure that encourages the installation of solar panels in homes, but to enhance it, the Minister of Energy, Trade and Industry Natasa Pilides pointed out on Friday....

22. Petrol sales down by 7.5% in December 2022

Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....

23. The red warning from the beaches of Protaras

First and foremost, let me state that I am not an environmental expert. As an active citizen, I am recording my concerns about the changes brought about by climate change...

24. Ukraine looks at Cyprus as Germany stalls

Cypriot Foreign Minister Ioannis Kasoulides is in Brussels this week where he will discuss with his EU counterparts a number of issues including Ukraine, whose president has slammed Germany for stalling on delivering Leopard tanks that Cyprus also wants according to military websites in what appears to be a convoluted arrangement...

25. The upcoming presidential elections and the tragedy of Cyprus

Any serious student of Cypriot history would have to admit that we have missed a number of opportunities for a viable solution to our problem over the decades, ...

26. Austria to help upgrade Cyprus' social insurance system

Α Memorandum of Understanding in the field of digital transformation between the Republic of Cyprus and the Republic of Austria was signed on Thursday at the Presidential Palace, by the Deputy Minister of Research,...

27. Cyprus aims for higher targets in green energy

In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...

28. Electric charging points in Nicosia unveiled today

The promotion of electric vehicle charging infrastructure will create the green and sustainable cities and communities of tomorrow said the Minister of Transport, Communications and Works, Yiannis Karousos,...

29. Prostitutes gather in Davos for annual meeting of global elite

The global elite tackling the world's problems at the Davos summit including gender inequality is fuelling a surge in prostitution in the Swiss resort....

30. Cyprus features prominently in US Congress’ Turkey report

The possible sale of F-16s to Turkey and tensions between Turkey and Cyprus and Greece are included in a US Congressional Research Service report on Turkey released on January 9, which outlines Biden administration support of the sale and opposition by 'some members of Congress'...