Archive February 2025

The European Union’s Markets in Crypto-Assets Regulation (MiCA) “marks a watershed moment in digital finance”, according to Costas Papadopoulos, executive director at Cypriot fintech Moneygate. MiCA will introduce a ...

Two teens, aged 19 and 18, were remanded for seven days on Tuesday after being arrested in Larnaca for the possession of drugs. The police received information about the two teens, who ...

Tuesday started off frosty in the mountains and lower, with snow on Troodos reaching 5cm. The day will be cloudy with cold air mass Coral still keeping Cyprus in its ...

The Bank of Cyprus announced on Monday the launch of a €30 million share buyback programme, a move previously signalled last week during the release of its preliminary 2024 financial results. In ...

British employers advertised the fewest jobs for the month of January in four years last month but salaries continued to rise strongly, according to figures published on Monday that illustrate ...

German business morale unexpectedly stagnated in February, a survey showed this week, dealing a difficult hand to a future government following a national election in which parties promised to lift ...

The new skyscraper slated to be built in downtown Nicosia amid public outcry due its proximity to the medieval Famagusta Gate, will bring investment and rejuvenation to a stagnated area, ...

Monday marked three years since Russia’s invasion of Ukraine, the so-called “special military operation” that was meant to have been completed within a few days with the invading troops ...

European Union countries suspended a range of sanctions against Syria with immediate effect on Monday, including restrictions related to energy, banking, transport and reconstruction. The EU has a range of ...

U.S. President Donald Trump said on Monday that Russian President Vladimir Putin accepts the idea of Europe sending peacekeepers to Ukraine as part of a ceasefire agreement, and French ...

The United Nations on Monday rejected a U.S. bid to tone down the General Assembly’s stance on Russia’s war in Ukraine as President Donald Trump seeks to ...

Would-be candidates for this October’s Turkish Cypriot leadership election may need to amass 1,500 signatures to get their name on the ballot, after the north’s ruling coalition put a ...

The mayor of Paphos on Monday pointed the finger straight at President Nikos Christodoulides, alleging that the latter personally intervened to deny the local municipality the right to lease a ...

The police were on Monday subjected to questions by the House human rights committee over the arrest of three people who were taking part in a protest organised in support ...

An exhibition coming to Larnaca as March arrives, brings together the works of Anastasia Potekhina and Gerald Gezett Zoerner. The Double Vision exhibition will be hosted at the House of ...

The National Betting Authority anticipates a 5.6 per cent increase in revenues for 2025, with the upward trend continuing for the next two years, MPs heard on Monday. The House finance committee ...

Several departing and arriving flights on February 27, 28 and March 1 will be affected by changed schedules in response to a strike in Greece. According to the airline, four Cyprus Airways flights ...

Flights between Paphos and Israel will be resumed from March onwards. Israeli airline El Al will start operating flights on March 8, followed by Arkia airlines on March 15 and Ryanair on ...

Larnaca Municipality has opened a heated day-center for people in need of warmth due to the prevailing cold weather. The offer is aimed at people in need that do not ...

The Cyprus Telecommunications authority (Cyta), recorded revenues of €415 million and an expected pre-tax profit of €59 million for 2024, chairwoman Maria Tsiakka said on Monday. Speaking at a House finance committee meeting ...

An investigation has been launched in Turkey into Istanbul mayor Ekrem Imamoglu over allegations that documents related to his transfer from a university in northern Cyprus to one in Turkey ...

Only district courts have the jurisdiction to adjudge cases relating to the 2013 ‘haircut’ on bank deposits, the attorney-general’s office said on Monday. The AG’s office was citing a ...

Solana trades at $204.56, marking a 4.25% daily gain as markets stabilize after a sharp correction tied to geopolitical shifts. The asset remains 30% below its January peak of $295, sparking debates over whether ...

The grid’s capacity to meet Cyprus’ electricity demand on Monday evening will be “limited”, the transmission system operator (TSO) said, as Cyprus’ energy consumption spikes amid freezing temperatures. It ...