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61. Cyprus charts course for 2025 budget surplus

President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....

62. Macron's gamble averts far-right but leaves France in political instability

In a surprising turn of events following French President Emmanuel Macron's call for snap elections, France's left-wing alliance has emerged victorious, securing 182 seats and pushing the far-right into third place....

63. State to cover €12M shortfall from licensing revenues

Interior Minister Konstantinos Ioannou expressed satisfaction with the progress of the Local Government Reform, despite minor issues during the initial days of its implementation....

64. Cyprus Law Commissioner teams up with Ireland to improve legal system

Law Commissioner Louisa Christodoulou Zannetou recently engaged in a virtual meeting with Ireland’s Law Reform Commission Chairman Justice Frank Clarke and Commissioner Richard Barrett. ...

65. Cyprus President meets business leaders on HR, energy, and tax

66. Cyprus requests €89.2M in EU grants for recovery plan

The European Commission received a payment request on Thursday from Cyprus for €89.2 million in grants, netting €76.9 million after pre-financing....

67. Electronic building permit applications start July 1 in Cyprus

Starting Monday, July 1, 2024, the Cyprus Ministry of Interior will mandate the electronic submission and examination of applications for building permits, following the Roads and Buildings Regulation Law. ...

68. Prountzos says municipalities are here to serve the citizens

The newly appointed Mayor of Nicosia, Charalambos Prountzos, expressed strong confidence in the success of local government reform during the mayoral handover ceremony....

69. New era in Cyprus local governance begins with 20 new municipalities

Cyprus is undergoing a significant local government reform aimed at enhancing service quality, financial and administrative autonomy, and transparency. ...

70. Ministry maintains €300 fine for running red lights

On Thursday, the Minister of Transport, Communications, and Works, Alexis Vafeadis, was briefed on various legislative proposals submitted by parliamentarians....

71. ICT sector powers Cyprus' economic growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

72. Scottish Secretary resigns amid UK election betting scandal

The unfolding scandal surrounding bets on the UK government's election date deepened significantly yesterday with the revelation......

73. Cyprus to sell €1 billion bond after improved credit ratings

The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......

74. Cyprus reforms are a comedy of errors in governance

Following last Sunday's vote, the much-publicized local government reform will take effect on July 1. This, like many other reforms, has been carried out in typical Cypriot fashion. ...

75. FT: Biden eases path to citizenship for 500,000 undocumented spouses

President Joe Biden is set to announce a major reform to U.S. immigration policy, offering up to 500,000 undocumented spouses of American citizens an easier path to legal status and U.S. citizenship. ...

76. Politico: Cyprus is the solution, not the problem

Despite its long-standing division, Cyprus is emerging as a crucial player in the Middle East, offering a stable platform for political, economic, humanitarian, and military operations, according to an article published today in Politico by Ivo Daalder....

77. Cyprus plans €3.1B climate investment by 2030

Cyprus’ total investment on climate change in both EU and public funds as well as private investments are estimated to amount to €3.1 billion by 2030, the Finance Ministry has said....

78. Ministry probes public works tenders from 10 years ago

A report by Apostolos Tomaras in this Sunday's Kathimerini delves into how Cyprus is grappling with significant issues in its public construction projects, like the renovation of Larnaca's port, which have faced major delays and complications....

79. EU replaces dangerous asbestos sewer pipes in Nicosia

The European Commission announced Thursday that work has begun to replace old asbestos pipes in the Nicosia sewer system. The project is funded by the Aid Programme for the Turkish Cypriot Community and will be carried out by the United Nations Development Programme (UNDP)....

80. CBC chief warns: Tax on big profits could hurt economy

The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...

81. Newly elected leaders of Nicosia District officially announced

The newly elected mayors, municipal councilors, school superintendents, community mayors, and community council members of the Nicosia district were officially proclaimed on Tuesday....

82. Andreas Vyras celebrates re-election as Mayor of Larnaca

Andreas Vyras, the mayoral candidate for Larnaca, expressed gratitude and a renewed commitment to hard work and collaboration following his apparent re-election....

83. Cyprus prepares for major local government reform

The June 9 elections mark the final step before the significant milestone on July 1, 2024, when a new local government structure will be established in Cyprus, Apostolos Tomaras reports. ...

84. Fitch upgrades Cyprus to 'BBB+'

Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....

85. Concerns rise over potential voting issues in June 9 elections

As the double election on June 9 approaches, concerns are growing about a potential increase in blank and invalid ballots, as well as significant voter abstention....

86. Mario Nava advocates bicommunal energy project in Cyprus

A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust, Mario Nava, the Director-General of the European......

87. Dueling visions from Nicosia's mayoral candidates

In the bustling streets of Nicosia, the race for mayoral office is heating up, with candidates Nikos Tornaritis and Charalambos Prountzos vying for the helm of Cyprus's capital city...

88. Cyprus wins IMF praise for strong recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

89. Gaps in scooter legislation spark safety concerns

In the aftermath of a recent accident involving a journalist and an electric scooter, safety concerns regarding these vehicles are under scrutiny....

90. Ferreira backs Green Line trade for Cyprus reconciliation

European Union (EU) Commissioner for Cohesion and Reform, Elisa Ferreira, emphasized the pivotal role of Green Line trade in fostering reconciliation in Cyprus during an exclusive interview with Yeni Douzen....