Search

481. Middle-class families in Cyprus burdened by rising rents

In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....

482. Cypriot President's White House visit sparks hope and debate over path to unity

Cypriots are closely watching President Nicos Christodoulides' recent White House meeting with U.S. President Joe Biden, seeing it as a pivotal moment that could bolster efforts toward a fair solution to the Cyprus problem. ...

483. Banks see boost from ECB rate cuts

The Association of the Cyprus Banks (ACB) said on Thursday that it sees further progress in the economy, driven by the reduction of interest rates......

484. Deadly floods in Spain's Valencia region leave 95 dead and many missing

Severe flooding in Spain's Valencia region has resulted in at least 95 confirmed deaths, with many individuals still unaccounted for as rescue efforts continue....

485. Russia slaps Google with astronomical fine over YouTube bans on state media accounts

Google faces an astronomical fine reportedly exceeding two undecillion rubles – a figure followed by 36 zeros – after removing pro-government and state-run accounts from its YouTube platform, Russian state news agency Tass reported....

486. At least 95 dead as flash floods devastate southeastern Spain

At least 95 people have died due to severe flash floods caused by intense rainfall in southeastern Spain. ...

487. Cyprus plans €10,000 cash limit to fight money laundering

According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...

488. Cyprus gains investor confidence as economic reforms and US ties bolster growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

489. Politico: EU urged to establish spy agency to combat espionage

The European Union needs a dedicated intelligence agency to strengthen defense against espionage and foreign interference, according to a new report from former Finnish President Sauli Niinistö, released Wednesday....

490. Government announces new measures to help vulnerable households

In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....

491. US experts arrive in Cyprus to aid search for missing persons

A team of forensic experts from the University of Wisconsin-Eau Claire is set to arrive in Cyprus next week to assist in locating the remains of missing persons from the island’s past conflicts. ...

492. Cyprus faces financial imbalance as assets fall short of liabilities

As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....

493. Why Musk sees Trump as America’s business fixer

Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......

494. Cyprus to launch 'National Sanctions Unit'

Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....

495. Increase in missing minors from Cyprus juvenile homes raises alarms

Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....

496. Cyprus honors 1940 heroes with National Day parade

Cyprus commemorated "Ohi Day" on Monday, honoring Greece's 1940 defiance against Axis forces with ceremonies and a military parade in Nicosia....

497. Cyprus finance chief moved amid questions over government transparency

Papnayiotis Rougalas reports in this Sunday's Kathimerini that the Council of Ministers of Cyprus announced a significant reshuffle on Thursday,...

498. EU pushing for economic ties with Turkey, but where does that leave Cyprus?

According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...

499. Germany: €60 billion budget shortfall rocks Europe's largest economy

Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....

500. Cyprus' Shipping Deputy Minister honored by International Propeller Club

Cyprus' Shipping Deputy Minister Marina Hadjimanoli has been selected by the International Propeller Club Awards Committee as the Maritime Person of the Year for 2024 Government Spokesman Konstantinos Letymbiotis announced in a written statement on Friday....

501. President urges faster completion of 88 major projects

Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...

502. Teachers sound alarm over hungry students in schools

Primary school teachers in Cyprus are raising concerns about children coming to school hungry, with some students lacking even a simple sandwich to get through the day....

503. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

504. Goodbye and thanks for all the halloumi!

I depart Cyprus after a little over two years as the British High Commissioner. What are my main reflections?...

505. North Korea sends troops to Russia, raising concerns over their role in Ukraine conflict

The U.S. government has reported that North Korea has sent at least 3,000 troops to Russia, raising concerns that they may be deployed to fight in Ukraine....

506. President unveils €30 million plan to revitalize Troodos region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

507. Cyprus surpasses pre-pandemic financial levels with growing surplus

Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....

508. IMF raises Cyprus' growth forecast for 2024

The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....

509. Antonio Costa’s visit is a pivotal step in EU support for Cyprus negotiations

The upcoming visit of Antonio Costa, the newly elected President of the European Council, to Cyprus is poised to play a significant role in the resumption of negotiations on the longstanding Cyprus problem. ...

510. Cyprus reaches agreement for delivery of FSRU

The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....