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61. Cyprus is growing older and smarter

Cyprus' population is aging and becoming more educated, according to final results from the 2021 Census of Population and Housing released on Friday by the Statistical Service. Conducted in government-controlled areas, the census recorded a population of 923,381 as of October 1, 2021, reflecting a 9.9% increase from the 2011 census....

62. EU demands Cyprus return €101M in energy project funds

The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....

63. Building permits surge 8.5% in early 2024

Building permits issued during the period January-May 2024 went up by 8.5%, according to data published on Wednesday by the Statistical Service....

64. Central Bank revises GDP growth to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

65. Cypriot banks show resilience amid challenges, says CBC Governor

Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...

66. Two suspects in Limassol double murder remanded for 8 days

Two men, aged 19 and 23, were remanded for eight days on Friday in connection with a double murder investigation. ...

67. Bank of England cuts interest rates after nearly a year of stability

The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....

68. Father arrested for negligence in death of newborn in Nicosia

A case of severe negligence leading to the death of a three-month-old baby girl has shocked Cyprus. Authorities have arrested the 23-year-old father and are seeking the 22-year-old mother, who is believed to have fled to Greece....

69. Real estate investment opportunities by AstroBank

AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residnetal and agricultural properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta, and Paphos. ...

70. Large residential fields for sale by AstroBank

71. Multiple violations on Pervolia beaches

An official from the Office of the Environment Commissioner has uncovered several violations on the beaches of Pervolia, including unauthorized shacks operating as bars, use of electricity, absence of a lifeguard tower, and vehicle movement on the beaches....

72. Historic Artemis statue found at Kourion site

A marble statue of Apollo’s twin sister Artemis dated to the fourth century CE was found during the 2024 final excavation season of the Kourion Urban Space Project....

73. Market changes, Eurobank's move, and economic struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...

74. EU faces internal struggle over Hungarian presidency boycott

According to Kathimerini's Pavlos Xanthoulis, the European Union is facing a delicate situation as it grapples with the Hungarian Presidency and the upcoming informal Council of Foreign Ministers, known as Gymnich, scheduled for August 28-29 in Budapest....

75. Biden withdraws from US Presidential race

President Joe Biden has withdrawn from the 2024 presidential race, a decision that injects significant uncertainty into the Democratic nomination process just months before the November election against Donald Trump. ...

76. Cyprus' political failure 50 years on

The 20th of July will mark the day the Turkish Army invaded and occupied 40% of the island of Cyprus. Greece’s Prime Minister Mitsotakis, dignitaries and other heads of state will be welcomed as guests by President Christodoulides to commemorate that historical dark event but to also make the customary petty speeches aimed to tickle people’s ears....

77. ECB keeps interest rates steady amid mixed inflation signals

The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....

78. Solar-powered 'smart benches' to monitor air quality in Greece

79. Real estate investment opportunities by AstroBank

Apartments, beachfront land, commercial properties and other investment opportunities are available for sale by AstroBank in Paphos, Famagusta, Larnaca and Nicosia....

80. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

81. Cyprus surges in high-speed internet and tech jobs

Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....

82. Diplomatic efforts intensify amidst critical juncture

The diplomatically crucial time leading up to Friday is seen as particularly important for efforts to break the deadlock in the Cyprus talks. UN Secretary General's personal envoy, Maria Angela Holguin Cuellar, ...

83. George Clooney urges Biden to step aside for 2024

Hollywood actor and prominent Democratic fundraiser George Clooney has urged President Joe Biden to step aside for the 2024 election, citing concerns over Biden's ability to defeat Donald Trump. ...

84. Cyprus ranks among top innovators in Europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

85. Real estate investment opportunities by AstroBank in Paphos, Famagusta and Nicosia

Astrobank has listed for sale residential plots in Strovolos, in the GSP area, and other properties in Paphos, Famagusta and Nicosia that are ideal investment opportunities....

86. Elderly woman dies while swimming in Geroskipou

A 78-year-old Greek Cypriot woman tragically died while swimming in the sea off Geroskipou on the morning of Wednesday, July 10....

87. Cyprus remains a strong innovator in European rankings

Cyprus maintains its position as a Strong Innovator in the European Innovation Scoreboard for the 3rd consecutive year, the Deputy Ministry of Research, Innovation and Digital Policy said on Monday....

88. Cyprus banks receive upgrades, signal economic resilience

In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....

89. UN report flags rising tensions in Cyprus buffer zone

A new UN report by Secretary-General Antonio Guterres raises serious concerns about rising tensions in Cyprus, where actions by Greek Cypriot and Turkish Cypriot forces are undermining the authority of the United Nations Peacekeeping Force in Cyprus (UNFICYP)....

90. CBC to keep dividends low despite bank profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....