Moody’s reviews Hellenic Bank for potential upgrade
International credit rating agency Moody’s this week announced that it has initiated a review for a possible upgrade of all ratings and assessments of Hellenic Bank.
According to the ...
Ministers to discuss domestic support measures, EU presidency
An extension of state support measures including a graded electricity subsidization and reduced VAT for food items, as well as compensation for the fire victims in Paphos, will be discussed ...
Road to Paris exhibition: A prelude to the 2024 Olympics
In the lead-up to the Olympic Games this summer in Paris, AG Leventis Gallery in Nicosia hosts an Olympic-themed exhibition. Running from June 29 to September 8, the exhibition is split into ...
Silky Swiss bracing for battle with Scotland, Hungary must be perfect to even get a draw against Germany, says coach
Switzerland expect to see a more determined version of Scotland on Wednesday and will need to fight hard for their second Euro 2024 win, coach Murat Yakin said, as the Swiss ...
Two men arrested for theft of vintage whiskey in Paphos
Paphos police arrested a second person aged 38, for an investigated case of theft of two collector’s bottles of whiskey. A 33-year-old man has also been arrested for the same ...
House speaker seeks stronger ties between Cyprus and Austria
House Speaker, Annita Demetriou and President of the Austrian National Council, Wolfgang Sobotka, reaffirmed the strong ties between Cyprus and Austria and expressed mutual desire to deepen collaboration between the ...
High temps, drop expected by weekend
Wednesday will be mostly clear with a yellow weather warning in place from 11am until 5pm. Temperatures will rise to 40C inland, 34C on the south and east coast, 32C ...
Central Bank of Cyprus revises GDP growth forecast to 3 per cent — increased domestic demand cited as key reason
The Central Bank of Cyprus (CBC) this week revised its forecast for the country’s GDP growth in 2024 to 3 per cent, up from the 2.8 per cent predicted in March, primarily ...
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Putin and Kim sign mutual defence pact
Russian President Vladimir Putin signed a deal with North Korea’s Kim Jong Un on Wednesday that includes a mutual defence pledge, one of Russia’s most significant moves in ...
Cyprus Business Now
Cypriot state officials on Tuesday used their attendance at the annual general meeting of the Association of Cyprus Banks to call for a reduction in lending rates and a narrowing ...
Fisker’s ride from Tesla competitor to bankruptcy
Fisker filed for bankruptcy protection late on Monday, becoming the latest electric-vehicle startup to collapse after Arrival and Lordstown Motors in a tough market dominated by Tesla and Chinese automakers.
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Ford plans further job cuts in Europe, according to council
Ford (F.N) plans further job cuts in Germany, Spain and the UK, the head of the worker’s council for the US automaker in Germany told Reuters on Tuesday.
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We trust the Cypriot government, but we certainly do not trust Israel
How does the Palestine Authority view the Amalthea corridor, which was the initiative of Cyprus President Nikos Christodoulides?
From the beginning, we have been clear that we welcome any humanitarian ...
Farmers warn of price hikes in fresh produce without support
The farmers’ association on Tuesday warned of huge price hikes in fresh produce if no action is taken to help farmers cope with rising temperatures and protect crops and livestock ...
Our View: It is reassuring Christodoulides chose the West
If there had been any lingering doubts about President Nikos Christodoulides’ commitment to strengthening Cyprus’ relations with the United States, they completely disappeared on Monday when the two countries signed ...
Conceicao to the rescue as Portugal snatch 2-1 win over Czechs
Francisco Conceicao came off the bench to grab a predatory stoppage-time winner as Portugal kick-started their Euro 2024 campaign with an edgy 2-1 Group F win over a dogged but cautious ...
Houthis believed to have sunk second ship in the Red Sea, UKMTO says
Yemen’s Houthi militants are “believed to have sunk” a second ship in the Red Sea, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday.
The Houthis and other ...
Killer who attacked Colorado gay club pleads guilty to hate crimes, sentenced
The convicted shooter who killed five people in a 2022 attack at a gay nightclub in Colorado, pleaded guilty to federal hate crime and gun charges on Tuesday and received multiple ...
NATO membership ‘not an option now’ Christodoulides says
The strategic dialogue signed between Cyprus and the US is historic and marks a recognition of the role the Republic has in the wider region, President Nikos Christodoulides said on ...
Yellow weather warning for Wednesday
The met office issued a yellow warning for extreme temperatures on Wednesday.
It will be valid from 11am until 5pm. According to the met office, inland maximum temperature is expected ...
Dutch PM Rutte to succeed Stoltenberg as NATO chief, media reports
Dutch Prime Minister Mark Rutte, a staunch ally of Kyiv and a critic of Russian President Vladimir Putin, will succeed Jens Stoltenberg as NATO chief, Dutch national broadcaster NOS reported ...
Guler stunner helps Turkey to 3-1 win over Georgia
Teenager Arder Guler’s superb long-range strike helped Turkey a victorious start to their Euro 2024 campaign with a 3-1 win over tournament debutants Georgia amid a fevered atmosphere in Dortmund ...
Gaza bombing has caused major environmental damage, UN says
By Gloria Dickie and Alison Withers
The conflict in Gaza has created unprecedented soil, water and air pollution in the region, destroying sanitation systems and leaving tons of debris from ...
Akel demands full disclosure on Cyprus-US strategic dialogue
Opposition Akel said Tuesday it demands a full accounting of what really lies behind the ‘strategic dialogue’ initiated between Cyprus and the United States and which was announced with much ...