Euro plunges to new 20-year low after Russian gas halt
The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy ...
Turkey’s inflation hits new 24-year high beyond 80 per cent
Turkey’s annual inflation climbed to a fresh 24-year high of 80.21 per cent in August, a bit below expectations according to data on Monday, after the central bank unexpectedly cut ...
Today’s Weather: Warm, chance of rain, storms
On Tuesday the weather will initially be mostly clear, however, clouds will thicken and after midday are expected to bring local rains and storms, mainly in the mountains and the ...
OPEC+ agrees small oil production cut
OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of an economic slowdown.
The oil producers ...
Consumer group slams government for slow solutions to face cost of living crisis
The island’s consumer and quality of life association on Monday criticised the government for failing to act decisively in an effort to ease the burden of the rapidly rising ...
Our View: Government should promote organ donation
Cyprus has a very low number of organ donors in relation to other EU countries, Health Minister Michalis Hadjipantela said last week during a visit to the transplant clinic at ...
Police arrest two men in connection with Famagusta boat migrant case
Two men aged 23 and 20 were arrested on Monday to facilitate police investigations into an ongoing case of assisting third-country nationals in illegally entering Cyprus by sea on Thursday, September 1.
In ...
OPEC+ agrees small oil production cut
OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of an economic slowdown.
The oil producers ...
Putin approves new foreign policy doctrine based on ‘Russian World’
President Vladimir Putin on Monday approved a new foreign policy doctrine based around the concept of a “Russian World”, a notion that conservative ideologues have used to justify intervention abroad ...
Britain’s new PM Truss draws scathing reaction from Moscow
Russian politicians and media lined up on Monday to heap scorn on Britain’s next prime minister, Liz Truss, predicting her ascent to power would do nothing to improve dire ...
In Brussels, Ukraine seeks backing for special war crimes tribunal
Ukraine’s government on Monday sought political backing in Brussels for the creation of a special tribunal to prosecute Russian military and political leaders it holds responsible for starting the ...
Gazprom: off-line Nord Stream compressor station now deemed hazardous
Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push gas towards Germany ...
Suspension of drugs squad boss in prisons accusations case extended until September 15
The suspension of the head of the drugs squad (Ykan) following accusations made by prison director Anna Aristotelous, has been extended until September 15, the Justice Minister Stefi Drakou announced late ...
France, Germany to provide each other with gas, electricity, to weather crisis
France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday, saying this showcased European solidarity in the ...
Germany to keep two nuclear reactors in reserve until April 2023
Germany will keep two of its three remaining nuclear plants available for power production as part of a reserve scheme recommended by power transmission grid operators (TSOs) that stress-tested electricity ...
EU chief wants to cap price of Russian pipeline gas
Upcoming European Commission proposals to tackle surging energy prices will aim to cap the price of gas Russia sends to Europe via pipelines, and offer support to electricity producers facing ...
Germany might consider gas rationing after Russia halts flows -Uniper CEO
German gas importer Uniper UN01.DE does not rule out Europe’s biggest economy will eventually consider gas rationing after Russia stopped flows via its main pipeline to the continent ...
Israel: Al Jazeera reporter was likely killed unintentionally by its forces
Israeli investigations into the killing of Al Jazeera journalist Shireen Abu Akleh in May concluded that she was likely to have been unintentionally shot by an Israeli soldier but was ...
EU voices concern over Turkey’s ‘hostile remarks’ against Greece
The EU voiced concern on Monday over what it called “hostile remarks” after Turkish President Tayyip Erdogan accused Greece of occupying demilitarised islands in the Aegean and said Turkey was ...
UK’s Priti Patel resigns as Home Secretary
Priti Patel said on Monday that she will stand down as Britain’s Home Secretary, or interior minister, once Liz Truss formally takes over as the country’s prime minister.
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Europe Direct info centre
The bicommunal centre Europe Direct will begin operations on September 8 according to an announcement.
It is situated in the Home Gallery at Ledra Palace, just opposite the Home of Cooperation.
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Searching for compromise over VAT on properties
Lawmakers and industry stakeholders remained unsatisfied on Monday with a revised government bill aiming to tweak the granting of reduced VAT on the purchase of primary residences, even as the ...
Two events remain in Faneromeni Arts Festival
Resuming after a short summer break during August, the Faneromeni Arts Festival organised by the Bank of Cyprus Cultural Foundation, is back with its last two events. Coming up on ...
Foreign ministry supports Athens in face of growing Turkish threats
An alarmed foreign ministry in Nicosia on Monday said that said it was monitoring the intensification of Turkish rhetoric against Greece, which it said contributes to a climate of tension, ...