Archive June 2025

Cyprus recorded a further decline in its unemployment rate in April 2025, according to data published by Eurostat this week. The rate fell to 3.7 per cent, down from 4.1 per cent in ...

Cyprus enters 2025’s wildfire season with the strongest firefighting force in its history, the government spokesman Konstantinos Letymbiotis said on Tuesday. According to the government spokesman’s announcement, Cyprus is ...

The president of the Employers’ Group Stefano Mallia and the head of the Employers’ Group at the European Economic and Social Committee (EESC) of the European Union Fulvio Bianconi visited ...

Leading European financial technology provider payabl. on Tuesday announced the launch of its Virtual Business Cards service. According to the announcement, the new service enables real-time card issuance, customisable limits, ...

Cyprus recorded robust economic and fiscal performance in 2024, according to the International Monetary Fund (IMF). The IMF referenced Cyprus’ 4.3 per cent budget surplus and a reduction of public debt to 65 ...

The Cyprus Integrity Forum (CIF), the country’s largest non-profit promoting transparency, marked its 15th anniversary this week with a call for “deeper institutional reform and collective accountability” in 2025.  Speaking ...

The community advocacy group Syrians in Cyprus on Tuesday expressed concerns about the “tight” timeline set out in the government’s new voluntary repatriation plan for Syrian nationals who have ...

The Mall of Cyprus (MC) Plc and the Mall of Engomi (ME) Plc held their respective annual general meetings on June 2, 2025, with shareholders approving key corporate matters. These include financial ...

The Cyprus Stock Exchange (CSE) council on Tuesday released the Members’ Market Shares for May 2025, providing a detailed overview of trading activity by its members over the month. According to ...

Senior Russian security official Dmitry Medvedev said on Tuesday that the point of holding peace talks with Ukraine was to ensure a swift and complete Russian victory. “The Istanbul talks ...

Of the many ways in which I unintentionally broadcast my lack of coolness to the world, the one we’ll talk about this week is my blind and rabid excitement ...

Global economic growth is slowing more than expected only a few months ago as the fallout from the Trump administration’s trade war takes a bigger toll on the US ...

Dutch far-right leader Geert Wilders’ PVV party left the governing coalition on Tuesday, in a move that is set to topple the right wing government and will likely lead to ...

Deloitte Cyprus on Tuesday announced the appointment of two new partners, effective from June 1, 2025, marking an expansion of its leadership team. According to the announcement, Nicholas Theofilou has been promoted ...

Oil prices ticked up on Tuesday on concerns about supply, with Iran set to reject a US nuclear deal proposal that would be key to easing sanctions on the major ...

Turkish annual inflation dipped to 35.41 per cent in May, official data showed on Tuesday, below a Reuters poll forecast and less than half the level of more than 75 per cent ...

Energy Minister Geroge Papanastasiou on Tuesday praised the “common political will” of his eight counterparts from the European Union’s other ‘Med9’ states to “promote a coherent green development strategy”. ...

SOFTSWISS, a global tech company providing software for the iGaming industry, won an Eventex Award 2025 for its Kids Camp in the Corporate Event category. The camp was designed to support ...

Looking to turn crypto curiosity into fast, tangible profits in 2025? You’re definitely not the only one because the numbers say it. According to a recent MarketsandMarkets study, the cloud ...

Labour Minister Yiannis Panayiotou visited the social insurance offices in Paphos on Tuesday afternoon, following damage to a window caused by an object launched at high speed. Earlier in the ...

Over 200 prisoners escaped in the southern Pakistani city of Karachi late on Monday after they were permitted to leave their cells following a series of earthquake tremors, local officials and ...

The French Open quarter-finals start on Tuesday with top seed Aryna Sabalenka facing Zheng Qinwen, who won gold when Roland Garros hosted the tennis tournament at last year’s Paris ...

Britain has threatened to take Russian businessman Roman Abramovich to court over the frozen 2.5 billion pounds in proceeds from his sale of Chelsea football club that he wanted to go ...

The Cyprus securities and exchange commission (CySEC) on Tuesday said it is “taking practical steps to collect all the available data and information” before deciding whether it will investigate claims ...