Elias Hazou

The government posted a higher fiscal surplus this January compared to the same month last year, preliminary data show. In January 2022 the general government’s surplus came to €227.7 million (or 0.9 ...

Parliament on Wednesday began reviewing a government bill that aims to amend evidentiary legislation in a way that would allow debt management companies to use banks’ documentation on borrowers in ...

An 80-year-old man died on Tuesday after being crushed by his tractor. The incident occurred in the village of Ayios Therapon, Limassol district. The victim, Demetris Christodoulou, was operating his ...

Nicosia will alert the European Commission to its annoyance with the fact that Turkey has not banned Russian aircraft from its airspace, something which also applies to the northern part ...

The health ministry said on Tuesday that it will propose that educators, as well as children attending kindergarten, be included in the ‘Test-to-Stay’ programme. Speaking after a meeting with teachers ...

Five more deaths attributed to Covid-19 were announced by the health ministry on Tuesday, in addition to 3,695 new positive cases. The latest fatalities were all women – aged 78, died last Friday; ...

Agriculture Minister Costas Kadis on Tuesday warned stakeholders in the halloumi business that unless they agree to a compromise proposal of his, he would report any further violations of halloumi ...

The government will buy 36,000 tons of barley and corn, in two shipments, to ease a shortage of grains on the market in the wake of Russia’s invasion of Ukraine, ...

‘We need supplies urgently, so that our animals don’t die’ As importers and livestock farmers grapple with sky-high grain prices due to the Ukraine crisis, the government here will ...

The House on Thursday passed three bills comprising the much-delayed reform of local government, rearranging and consolidating the current 30 municipalities into 20. The legislation relating to municipalities passed with 52 votes for, ...

The leaders of the two largest opposition parties met on Tuesday to sound each other out ahead of the 2023 presidential elections, while other such exploratory discussions are scheduled for this ...

A number of Ukraine-based companies have expressed an interest in headquartering their business in Cyprus, according to the Employers and Industrialists Federation (Oev). Speaking to news outlet Stockwatch, Oev’s ...

Cyprus has been named in an internal lending scam and money laundering scandal involving Ukrainian lender Privatbank, nationalised in 2016. In a case filed with the District Court, Southern District of ...

The Financial Ombudsman on Monday complained that the agency will not be able to perform their functions after the government slashed their budget by a considerable margin. Ombudsman Pavlos Ioannou ...

Main opposition Akel have hammered the government over its decision to shutter Tanzania-based FBME bank some seven years ago, following a court ruling here last week that said the decision ...

A squabble broke out in parliament on Thursday over the high cost of electricity in Cyprus that are choking the public, with the opposition blaming the administration for ineptitude and ...

Russian state-owned VTB Bank (PJSC) has transferred all its shares in RCB Bank to Cypriot shareholders, making RCB a 100 per cent Cypriot-owned bank. VTB transferred to the Cypriot shareholders the 46.29 ...

Authorities said Thursday that as a precaution they were taking heightened security measures around embassies and other buildings in Nicosia due to the crisis in Ukraine. Police spokesman Christos Andreou ...

Deputy Minister for Tourism Savvas Perdios has reportedly assured the tourism industry that the government is devising a contingency plan in the event of a flare-up in Ukraine and possible ...

Health Minister Michalis Hadjipantelas on Tuesday announced an action plan to tackle bad practices within the national health system (Gesy), asserting that despite its problems the system is not only ...

Larnaca criminal court on Tuesday imposed a €76,000 fine on WiSpear Systems Limited, a company selling surveillance systems, over the ‘spy van’ affair that broke out in late 2019. The company was ...

Six out of ten businesses have experienced a decline in turnover over the past year, with 68 per cent stating in a survey their dissatisfaction with the extent of government assistance ...

Lawmakers on Monday harangued the military for what they called ongoing discrimination against female personnel, urging the defence ministry to end ‘gender-based’ inequality and immediately abide with recommendations issued by ...

The state-run broadcaster CyBC on Monday conceded it has financial and other problems, but promised to “modernise” so as to keep up with trends in news and infotainment. The corporation’...