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1. EMA slams EAC for undermining electricity market competition

The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....

2. TUI halts day trips to occupied areas of Cyprus

TUI, Europe’s largest tour operator, has announced that it will stop organizing day trips from the free areas of Cyprus to the occupied territories starting August 31. ...

3. Ukraine intensifies fight against illicit tobacco trade

The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...

4. Nicosia faces financial strain amid local government reforms

In an article in this Sunday's Kathimerini, Apostolos Tomaras writes that Just two months into the tenure of Cyprus’ new local government, the Nicosia Municipality is grappling with significant financial challenges, raising concerns about its ability to comply with legal requirements....

5. U.S. approves $5 billion sale of patriot missiles to Germany

The United States has approved the sale of 600 Patriot air defense missiles to Germany, the Pentagon announced late Thursday. The deal is valued at approximately $5 billion (€4.6 billion) and aims to bolster Germany’s national and territorial defense, enhancing its interoperability with U.S. and NATO forces....

6. Cyprus on alert for potential European repatriations

The authorities of the Republic of Cyprus are on standby in case there is need to evacuate Europeans or third-country nationals from the region, Deputy Government Spokesman Giannis Antoniou told CNA on Friday....

7. Iran declares no-fly zones, calling on aircrafts to alter routes

Iran issued NOTAMs (Notice to Airmen) for the central, western, and northwestern regions of the country, advising aircraft to alter their routes. This move comes as fears of a regional war escalate in the Middle East,...

8. Ten months after Hamas attack, conflict continues

Ten months after Hamas attacked Israel on October 7, 2023, the Middle East is currently at a critical juncture....

9. Cyprus could face financial strain over Vasilikos debacle

The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....

10. ''Cyprus crucial to global security,'' says US Ambassador

The U.S. Ambassador to Cyprus, Julie Fisher, stressed the significant role of Cyprus in regional and global security during her remarks at the Overseas Cypriots Conference in Nicosia. ...

11. 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....

12. Athens and Cyprus alarmed by Middle East unrest following assassinations

Athens is deeply concerned about the recent developments in the Middle East, following the assassination of Hamas political leader Ismail Haniya in Tehran and Hezbollah leader Fouad Shoukr in Beirut....

13. Opponent disputes Maduro's win in Venezuelan election

Venezuelan President Nicolas Maduro has won a third term, according to the country's electoral authority, despite exit polls suggesting a decisive opposition victory....

14. Futuristic yacht stuns Mykonos with Sci-Fi design

15. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

16. Apartment prices up 13.9% yearly, house price growth slows

In the first quarter of 2024, house price growth showed a slight slowdown, while apartment prices continued to rise....

17. Turkish parliament urges recognition of Northern Cyprus as independent state

In a resolution marking the 50th anniversary of Operation Attila, the Turkish parliament has called on the international community to recognize the occupied territories in Northern Cyprus as an independent state....

18. Ursula von der Leyen secures second term as EU Commission President

In a decisive move, the European Parliament has elected Ursula von der Leyen to serve a second term as President of the European Commission,...

19. Rising costs of utilities and dining out are hitting home

The Harmonised Index of Consumer Prices (HICP) in Cyprus remained steady at 3% in June, according to data released on Wednesday by the Cyprus Statistical Service (CyStat). ...

20. Construction of youth housing in occupied Cyprus to begin next month

Within a month, construction will commence on social housing projects for young people in the occupied areas of Morphou and Gerolakkos, according to "Prime Minister" Unal Ustel....

21. Turkey condemns Greek minister’s remarks on Cyprus anniversary

Turkey has reacted to comments made by Greek Defense Minister Nikos Dendias during his visit to Cyprus on Monday, marking the 50th anniversary of the 1974 coup that overthrew the government of then-president Archbishop Makarios and paved the way for the Turkish invasion of the Mediterranean island....

22. Cyprus and Greece commit to Eastern Med security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

23. Cyprus tourism faces €25 million Hit

The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...

24. 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....

25. 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....

26. Cyprus faces hurdles in connecting to European electricity grid

A critical regional energy project aiming to connect Cyprus to the European electricity grid has hit significant roadblocks, threatening the country's bid to end its energy isolation as the last EU member-state without such a connection....

27. Mallias Winery: Reviving Cyprus's ancient grape varieties

In the 1990s, Mallias Winery, originally established by KEO in 1927, played a pivotal role in redefining Cypriot wine by rescuing indigenous grape varieties on the brink of extinction....

28. Labour Party triumphs, Keir Starmer to become Prime Minister

The Labour Party has secured victory in Britain’s general election, marking the first change in power in 14 years. ...

29. Politico: Is Brexit's peak over? UK faces calls to rejoin EU

British voters are gearing up for their first post-EU general election this Thursday, marking a significant milestone since Brexit....

30. 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....