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1. ''He who dwells everywhere''

Nicosia For Art – the production team behind the Nicosia International Festival – presents the world premiere of a performance of words and music, inspired by the work of Saint Romanos the Melodist. ...

2. ECB cuts interest rates by 25 points as inflation eases

The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....

3. The far right is growing, and ‘good vibes’ won’t be enough to stop it

4. Cyprus strikes energy deals, but ‘Aphrodite’ gas delayed until 2031

Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...

5. Anti-immigration rhetoric grows, but immigrants could help Europe's (and Cyprus') aging populations

The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....

6. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

7. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

8. Data center emissions skyrocket 662% beyond what they claim

A analysis by The Guardian reveals that the actual greenhouse gas emissions from Google, Microsoft, Meta, and Apple’s data centers may be 7.6 times higher than what these companies officially report....

9. EU and Turkey edge closer to modernizing customs union

A significant effort is underway to modernize the Turkish Customs Union, a landmark economic arrangement that has governed trade between Turkey and the European Union (EU) since 1996. ...

10. Eurozone growth hopes dim as 2025 looms

Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...

11. Cyprus & Greece Market Overview: 2023-2024 and Projections for 2025 and Beyond

The market underwent significant changes from mid-2023 onwards due to several global and regional factors....

12. Concerns from the EIB regarding the electric cable project

Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....

13. Actor surprises shoppers with Wicked tunes and holiday cheer

Jeff Goldblum gave a surprise performance at London’s St. Pancras International train station on Wednesday to celebrate the release of the highly anticipated Wicked movie....

14. Limassol’s growth deserves equal support

Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...

15. Geoeconomic tensions and Cyprus: Staying the course amid challenges ahead

Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....

16. 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......

17. 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....

18. US military boosts forces in Alaska amid increased Russian activity

The U.S. military has deployed approximately 130 soldiers and mobile rocket launchers to Shemya Island in the Aleutian chain of western Alaska, responding to increased Russian military activity in the region. ...

19. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......

20. 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%......

21. Erdogan leads a grand spectacle and provocation in occupied territories

On the occasion of the fiftieth anniversary of the Turkish invasion of Cyprus in July 1974, Ankara is staging its largest ''celebration'' in the occupied territories, replete with multiple symbolisms and a display of military power led by the amphibious aircraft carrier...

22. 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....

23. ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

24. How France's nationalist shift could shape Cyprus' future

In France, the prospect of nationalists potentially clinching a decisive majority in the upcoming parliamentary elections has stirred apprehension in Brussels and Berlin....

25. National Rally wins first round in France's parliamentary elections

In a decisive first round of voting, Marine Le Pen's far-right National Rally (RN) emerged as the front-runner in France's parliamentary elections......

26. Rentals rise as home ownership trends change

Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....

27. European Parliament elections see rightward shift

Voters across Europe cast their ballots on Sunday in the European Parliament elections, likely shifting the assembly to the right and increasing the number of euroskeptic nationalists. ...

28. Heatwave pushes Cyprus' electricity to the limit

As temperatures soar in Cyprus, the nation is gearing up for a significant spike in electricity demand, officials say....

29. Cyprus among top 3 in Eurozone growth for 2024

Cyprus stands out as one of the top performers in the Eurozone, boasting a robust growth rate for the year 2024, as announced by government spokesperson Constantinos Letympiotis today....

30. Needle 2024 festival to electrify Larnaca

After six weeks of immersing in Larnaca's cultural richness, the spotlight now shifts to musical escapades, as Needle 2024 Festival takes center stage, blending the city's heritage with the island's artistic flair....