Archive March 2025

Cyprus has recorded a surplus of €1.5 billion for 2024, equivalent to 4.5 per cent of GDP, according to preliminary results released on Tuesday by the state statistical service. This marks a sharp ...

The installation of traffic light cameras at the site of a fatal crash has been completed, with two new cameras installed in Limassol on Tuesday. The cameras will monitor violations ...

EVH Investments Limited has formally requested the exercise of the squeeze-out right to acquire the remaining 8.8 per cent of the share capital of Salamis Tours, it emerged on Tuesday. This ...

The fourth leg of the 2024-25 FIDE Women’s Grand Prix is set to take place in Nicosia, Cyprus, from March 14-25, under the auspices of the International Chess Federation ...

Tourism revenue in Cyprus saw a significant year-on-year increase of 17 per cent in December 2024, according to a report released on Tuesday by the state statistical service. Based on data collected ...

A person was rescued after becoming trapped in their vehicle when it overturned on Monday night in Tseri, Nicosia. The fire department was alerted and dispatched a team to the ...

The Association of Large Investment Projects recently presented its recommendations on the role of the private sector in the economic diplomacy strategy promoted by the Ministry of Foreign Affairs. Led ...

The Law Office of the Republic has rejected a proposal by the deputy tourism ministry to cap the number of short-term rental properties a person or company can register in ...

The annual inflation rate in Cyprus is projected to reach 2.3 per cent in February 2025, down from 2.9 per cent in January, according to preliminary estimates by Eurostat, the statistical office of ...

The European Commission proposed on Tuesday new joint European Union borrowing of €150 billion ($157.76 billion) to lend to EU governments for defence as part of an overall €800 billion financing effort to ...

The role of deputy mayors is facing growing controversy as local authorities demand urgent reforms to clarify their legal responsibilities, it was reported on Tuesday. Deputy mayors are calling for ...

China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing hikes to import levies covering $21 billion worth of American agricultural and food products, moving the world’s top two ...

Deputy Migration Minister Nicholas Ioannides travelled to Brussels on Tuesday to attend the EU Home Affairs Council meeting on Wednesday, where discussions will focus on internal security, geopolitical challenges and ...

Technology drives efficiency, accelerates decision-making, and enables businesses to scale operations with minimal disruption. As industries evolve, staying ahead requires adopting solutions that simplify complex tasks, optimize resources, and improve ...

20 per cent of workers in Cyprus were classified as low-wage earners in 2022, compared to 14.7 per cent across the European Union (EU), according to a report by Eurostat. In addition, it ...

The deadline for Hellenic Bank employees who wish to accept the bank’s latest, and reportedly last, voluntary exit scheme ends today, after being announced in mid-February. However, interest in ...

Another debut novel by a successful poet, and another opportunity to repeat my now truistic standpoint that one really can’t go wrong in turning the opening page by one ...

The Bank of Cyprus has announced the completion of its first transactions under its new share buyback programme, with approximately five per cent of the maximum total value of the ...

Former Cyprus Shipping Chamber (CSC) director general Thomas Kazakos has resigned as director of Lordos Hotels (Holdings) Public Limited, effective February 28, 2025. Kazakos will assume his new role as Secretary General ...

Arsenal manager Mikel Arteta says Tuesday’s Champions League last 16 first leg away at PSV Eindhoven will create a ‘different energy’ for his team after their recent Premier League slump. ...

As Real Madrid prepare to host Atletico Madrid in a Spanish capital derby in the first leg of their Champions League last 16 tie on Tuesday, manager Carlo Ancelotti said he ...

Aston Villa defender Pau Torres will be available for their Champions League last 16 first leg tie against Club Brugge after recovering from a foot fracture, manager Unai Emery said ahead ...

It has been an exciting few years for the local comedy scene, not just because Cypriot comedians and comedy festivals are on the rise, but also because some of the ...

The long weekend of Green Monday provided a much-needed boost to leisure centres across Cyprus ahead of the start of the tourist season, Neophytos Thrasyvoulou, president of the federation of ...