Cyprus News Agency

There is a correlation between financial literacy and financial stability, according to experts taking part at the International Conference on Financial Literacy and Education in Cyprus organised by the Central ...

Food prices have increased substantially over 2022. One of the food products with the highest price increase is eggs according to data released by Eurostat, the statistical service of the EU. ...

The justice reform in Cyprus is currently focusing on speeding up the adjudication of backlogged cases and simplifying procedures, Justice Minister Anna Prokopiou said during the second day of the ...

A total of eight ferry trips will run in August and September from the port of Larnaca to Piraeus, it was announced on Friday during a press conference for the ...

In January 2023, the seasonally adjusted volume of retail trade increased by 1.1 per cent in Cyprus and by 0.3 per cent in both the euro area and the EU, compared with December 2022, ...

Cyprus scores 94.4 out of 100 in the World Bank’s Women, Business and the Law index for 2023, it emerged on Sunday. The Women, Business and the Law 2023 report assesses 190 countries laws ...

New Defence Minister Michalis Giorgallas said on Friday he aims to make citizens feel “safe and secure” against any foreign aggression. Giorgallas was speaking during the handover ceremony of the ...

The swearing-in ceremony of the members of the new cabinet and other officials and the handover of portfolios by their predecessors takes place on Wednesday. The cabinet will also convene ...

Cyprus will celebrate the 2023 Francophonie Month as part of the country’s efforts to promote multilingualism, outgoing Education Minister Prodromos Prodromou said on Tuesday. Speaking at a press conference, Prodromou ...

In 2021, general government total expenditure in the EU amounted to 51.5 per cent of gross domestic product (GDP) and was still influenced by the COVID-19 pandemic and government measures to mitigate ...

The department of labour inspection on Tuesday issued a warning for high concentrations of atmospheric dust expected to remain in effect for two to three days. In its statement, the ...

The strategic significance of the Cyprus-Israel relationship was discussed during a telephone conversation on Sunday evening between President-elect Nikos Christodoulides and Prime Minister of Israel, Benjamin Netanyahu, at the latter’...

Egyptian President Abdel Fattah El-Sisi expressed his appreciation to outgoing Cyprus President Nicos Anastasiades, for the support the latter provided during his term towards the strategic relations between the two ...

The composition of the new cabinet will be announced as planned, president-elect Nikos Christodoulides said on Sunday at a memorial service for Eoka fighter Grigoris Afxentiou at Machairas monastery. He ...

Outgoing health minister Michalis Hadjipantela on Saturday called on his successor to embrace public hospitals and health professionals, underlining that public hospitals are the backbone of the health system. Hadjipantela, ...

Yields of the short-term domestic bonds issued by the Republic of Cyprus marked a new rise fuelled by global tightening monetary policy on the backdrop of rising inflation. According to ...

Cypriot bonds held by the Eurosystem in the context of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) exceeded €7 billion in January 2023. On the basis ...

The number of bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022 (+26.8 per cent compared with the previous quarter), while estimates for Cyprus show a decrease (-13.4 ...

Honorary distinctions will be awarded to President Nicos Anastasiades in the coming week, a few days before the end of his administration, his office announced on Saturday. He will also ...

In the third quarter of 2022, 3.5 million people in the EU aged 25 to 54 left their jobs, data released on Friday showed. More than two-thirds (68.9 per cent) left their job for labour ...

Rating agency Moody’s said on Thursday the election of Nikos Christodoulides as president suggests “the continuation of a fiscal discipline and reform progress” but warned reunification talks on the ...

The cabinet on Wednesday approved €18 million in support for various social welfare programmes as part of the Cyprus Recovery and Resilience Plan. The plan includes money for includes setting up ...

The cabinet on Wednesday approved revised plans to grant financial assistance to Greek Cypriot farmers living in the north, and also to beekeepers, fishermen and agricultural artisans there. Deputy government ...

President-elect Nikos Christodoulides has spoken on the phone with EU foreign policy chief Josep Borrell and expressed his determination to resume talks for a Cyprus settlement. According to a release ...