Archive 2025

The Bank of Cyprus on Friday announced that it has responded to the European Central Bank’s (ECB) interest rate reduction decisions, lowering its reference rate for loans linked to ...

Finance Minister Makis Keravnos on Friday expressed satisfaction with the European Central Bank’s (ECB) decision to further reduce key interest rates by 0.25 per cent. In a written statement, Keravnos ...

Cyprus’ Research & Innovation Foundation (RIF) on Friday announced that the country’s startup ecosystem has been acknowledged for its progress in recent years. Specifically, Cyprus received the “Best Worldwide ...

The car importers’ association, Semio, said on Friday that it would not accept responsibility for recalls of vehicles imported from third countries without European approval, ahead of a forthcoming decree ...

Twice Europa League winners Porto will face two-times finalists AS Roma in a knockout phase playoff tie, while Jose Mourinho’s Fenerbahce were pitted against Anderlecht in Friday’s draw ...

Hellenic Bank senior general manager Stephanos Kassianides has highlighted the crucial role of a robust banking system in fostering business initiatives and economic growth. Speaking during a business event in ...

A 50-year-old man accused of murdering his brother-in-law last summer in Peyia has pleaded guilty to the charge of murder. The admission came on Friday before the Paphos criminal court. ...

On an unusually balmy January day, Dimitris Marinoglou ploughed his field in northern Greece fearing the worst: that water supplies from neighbouring Bulgaria that have kept his family’s crops ...

The fourth person to be arrested in connection with an attempted murder earlier this month in the village of Kornos, Larnaca district, was handed a seven-day remand order on Friday ...

United Nations Secretary-General Antonio Guterres on Thursday demanded that 2,500 children be immediately evacuated from Gaza for medical treatment after meeting with U.S. doctors who said the children were at ...

“Cyprus is not just an economic miracle; it’s a resilient, flexible, and forward-looking economy,” according to Stavros Ioannou, Deputy CEO of Eurobank. Speaking at a recent conference in Athens, ...

A unique safe-play knowledge game, a very festive setting, a popular presenter and lots of prizes, comprised 2024’s safe-play awareness activity by the National Betting Authority. The event took place ...

The number of students admitted to Greek-language programmes at the University of Cyprus will not be reduced with the introduction of foreign-language degrees, rector Tasos Christofides has said. Speaking on ...

Defending champions Real Madrid will renew their Champions League rivalry with 2023 winners Manchester City in a blockbuster knockout phase playoff tie after the two teams were pitted against each other ...

Greek companies are increasing their investments in Cyprus, drawn by its strategic location, stable economy, and access to Middle Eastern markets.   With over 1,500 Greek-affiliated companies operating in sectors such as ...

Nineteen European Union countries, including France and Germany, are calling for the European Investment Bank to boost lending for the defence industry as the 27-nation EU seeks ways to improve ...

Optimism is growing about Cyprus’ potential to attract more foreign direct investment (FDI), despite a decline from an annual average of €5.7 billion between 2018 and 2021 to €4.8 billion in 2022 and €4.2 billion in 2023. ...

Global air travel revenues surged in 2024, with passenger numbers reaching a record 4.89 billion as demand rose 10.4 per cent over the previous year, exceeding pre-pandemic levels by 3.8 per cent.   This growth ...

An Akaki property owner has built a house on land slated for expropriation by the state for a new road, it was reported on Friday. Head of the public works ...

A 37-year-old man has been arrested in Paphos in connection with a case of car arson and illegal possession of property, police said on Friday. Police stopped his vehicle for ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates ...

Payasam is not just a dessert, but an emotion. Mixing sweetness with an aromatic spice to create Heaven in a Bowl. Derived from the word Peeyusham (nectar or ambrosia), it ...

A 76-year-old man wanted in Cyprus has been arrested in Germany in connection with online fraud involving extortion and money laundering, the police said on Friday. A Larnaca resident reported ...

As the UN Security Council’s draft report on Unficyp, released on Friday, slammed both sides in Cyprus for violating the military status quo along the ceasefire lines and raised ...