Elias Hazou

Suspicions remain that the fuel market is not as competitive as it could be, driving prices up for consumers, MPs said on Tuesday. Parliamentarians again called for “a policy to ...

The Electricity Authority of Cyprus (EAC) said on Tuesday it is striving to reduce its carbon footprint and adopt best practices at the workplace during a presentation of its sustainability ...

Larnaca stakeholders on Monday expressed concern at the government’s recent decision to hire a private company to temporarily operate the port and marina, but also frustration at having been ...

The economy has proved resilient in the face of a challenging international environment, and is expected to do the same going forward, the Central Bank boss said on Monday. Christodoulos ...

The House plenum on Thursday greenlit a law that makes ‘revenge porn’ a criminal offence, regardless of the victim’s gender, and punishable by up to 14 years in jail where ...

The government on Thursday signed a contract worth almost €3.5 million for improvement works on the Paphos-Polis road. The contract was given to Araco Construction CY Limited. According to an announcement ...

Unions representing state doctors on Thursday refuted reports that lives were put at risk during the 48-hour strike, complaining of a concerted attack via the media to besmirch them. In ...

An MP demanded on Tuesday that authorities immediately launch a criminal probe into the Takata airbags affair to find out exactly who is responsible for the delays in recalling the ...

The right to a fair trial of two Cypriots jailed for their part in the so-called Dromolaxia scandal, a dodgy land deal that came under investigation in 2013, was not violated, ...

To date, the government has revoked the Cypriot passports of at least 86 foreign nationals who had obtained citizenship via the now-defunct investment programme, news reports said on Monday. Media picked ...

Cyprus’ commercial fleet has grown by an impressive 14 per cent over the last year, while the shipping industry now accounts for 7 per cent of gross domestic product, MPs heard on ...

Around 90 deputy mayors are getting paid on the taxpayer’s dime even though they have no official duties, the interior minister acknowledged in parliament on Monday. Constantinos Ioannou was at ...

Eleven years plus after the devastating bank bail-in of 2013, the clock is ticking for those still seeking restitution. The statute of limitations already expired years ago. Meantime one after another ...

The House on Thursday passed an amendment to a law that significantly reduces the fines imposed on corporate entities for not declaring their ultimate beneficial owners (UBOs) on time. Under ...

ExxonMobil will drill a well offshore Cyprus in January in its pursuit of natural gas, a senior executive said on Thursday at an energy and geopolitics event in Nicosia. “We’...

Parliament and the government on Tuesday found a sweet spot to regulate the matter of companies not having declared their ultimate beneficial owners (UBOs) on time, with an agreement to ...

Cyprus ranks top of the EU in terms of the absorption rate of funds among the bloc’s 27 members, the Cypriot member of the European Court of Auditors (ECA) said ...

A small number of Cypriot passport holders were listed on Tuesday on the UK’s financial sanctions list, including one businessman allegedly linked to Roman Abramovich, former owner of Chelsea ...

No evidence has come up concerning the existence of cartels or cartel-like behaviour in the retail fuel market or the banking industry, the Commission for the Protection of Competition (CPC) ...

Parliament on Monday greenlit funds for the anti-corruption authority that the body says are indispensable to continue the work of investigations. Despite having given the authority some pushback last week, ...

Nicosia district court has dismissed a lawsuit against the state, the Central Bank and the Bank of Cyprus over the 2013 ‘haircut’ on deposits, the attorney-general’s office stated on Monday. ...

The government pledged Thursday to tighten up procedures for granting state land intended for the construction of solar parks, aiming to make these practices “more transparent and meritocratic”. In a ...

The energy regulator said on Tuesday it will review data purporting to show how the Electricity Authority of Cyprus (EAC) could “trim the fat” and cut costs by up to 15 ...

MPs on Tuesday heard that thousands of cars installed with faulty airbags could make for a “ticking time bomb” while one former official called for such vehicles to be temporarily ...