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1. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

2. All set for implementation of new support measures, FinMin says

Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....

3. EU issues '10 commandments' for safe travel

As EU countries gradually lift confinement measures, Europeans may be able to travel this summer, provided the health situation and national restrictions allow....

4. EU unveils guidelines for travel, tourism

The European Commission unveiled a series of measures aimed at ensuring people can start traveling safely across the continent again as governments try to revive tourism and airline industries brought to a halt by the coronavirus....

5. Young man stabbed to death by housemate

A young man living in rural Nicosia turned himself in to police after stabbing his roommate to death during a fight...

6. Half of Cyprus population unable to cope with unexpected expenses

Almost half (48%) of the populations of both Cyprus and Greece were unable to cope with unexpected financial expenses last year, data released by the European statistical service (Eurostat) on Tuesday showed....

7. Lagarde draws line on how far ECB largesse can go

European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult....

8. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

9. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

10. Businesses must address digital fatigue and consumer privacy

11. Boy who killed sister released from Athalassa

A teenager who was locked up in a mental hospital is going home one year to the day after stabbing his sister to death in Larnaca...

12. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

13. Overtaxation led to tax evasion

Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...

14. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

15. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

16. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...

17. Two new recycling and composting programmes in Limassol

Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it. ...

18. The Cypriot company that feeds the world with coal

Carbo One Ltd is one of the biggest players in the world coal market with an almost 20 year experience, circulating more than 75 million tons of the good...

19. Fiscal Council: Implement reforms and maintain surpluses

20. Cyprus records highest electricity price increase in EU

21. CBC ready to examine ambiguities in AML laws

22. Crete’s power supply remains vulnerable without EuroAsia Interconnector

23. British judge rules on Styllou's conviction

The grandson of Greek Cypriot Styllou Pantopiou Christofi, who was convicted for murder and executed in the UK, is on a mission to exonerate his grandmother citing a wrongful conviction and putting the trial through the safety test...

24. Auditor General blows whistle on Pissouri payouts

Auditor General Odysseas Michaelides is calling on the interior minister to seek a legal opinion before reaching a final decision on Pissouri payouts due to landslide problems...

25. New plan to subsidise home solar systems

Home owners who install residential solar power systems will be eligible for state subsidies up to €1000, according to a government plan approved by the Cabinet on Thursday...

26. Bill pushes for police taser guns

A bill sponsored by the government aims to put taser guns in the hands of law enforcement officials, while also take away hunting rifles from criminals convicted of domestic violence...

27. New study and payouts for Pissouri landslide

Tax payers may have to foot the bill for Pissouri homeowners affected by an active landslide, but details remain unclear as to how much money and who may qualify...

28. Cyprus 2019 GDP forecast at 3.3%

29. Steady reduction of waste and recycling a priority, Environment Minister says

30. Big surprise at Nicosia Mall revealed

The name of a surprise entry at the Nicosia Mall has been made public, pinning IKEA directly against another Scandinavian competitor...