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The Central Bank of Cyprus (CBC) this week announced that it has decided to retain the countercyclical capital buffer (CCyB) at 1 per cent, in accordance with the Macroprudential Supervision of ...

On Friday isolated showers and storms are expected, starting in the western half of the island and concentrated in the north, west and the higher mountains. Hail, sleet or snow ...

Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts ...

Almost 50 percent of Cyprus’ businesses experienced a cyberattack in the past year, with half of them paying an average of €27,000, the digital security authority revealed on Thursday, following two studies ...

Businesses have been complaining about labour shortages ever since the end of the pandemic. Tens of thousands of EU workers returned to their countries during the lockdown and have not ...

Foreign Minister Constantinos Kombos on Thursday evening extended, on behalf of the Cypriot people, condolences to the families of the victims of a mass-shooting event in Prague. “Deeply shocked by ...

Bad weather swept across the island on Thursday afternoon and in the evening, leading to power outages in several areas while the low visibility slowed down traffic on the Nicosia-Limassol ...

China, the world’s top processor of rare earths, banned the export of technology to extract and separate the critical materials on Thursday, the country’s latest step to protect ...

Paphos luxury resort linked to alleged Russian tax fraud A luxury resort in Paphos built near environmentally sensitive land on the coast of Paphos got its first financing from companies ...

U.S. President Joe Biden and his Mexican counterpart agreed during a call on Thursday that more enforcement at the border between their countries is needed, the White House said, ...

Eurotunnel unions called off their strike and said rail traffic would resume Thursday night, French BFM TV reported, after an unexpected strike by French workers interrupted traffic on the undersea ...

The entire 2.3 million population of the Gaza Strip is facing crisis levels of hunger and the risk of famine is increasing each day as the Israel-Hamas war grinds on, a ...

Employers’ groups expressed disappointed over the government’s decision to raise the national minimum wage to €1000 per month, citing economic concerns. In contrast, most labour unions lauded the decision. Most ...

Larnaca district court on Thursday handed down fines to two companies, having found them guilty of violating workplace safety rules relating to the same incident that led to the electrocution ...

Interior Minister Constantinos Ioannou unveiled on Thursday “a grand plan” aimed at helping migrants integrate in Cyprus. He outlined the plan contains 50 points of action based on five envisioned pillars: ...

In a ceremony held in Paris, France, on December 15, 2023, CEO of the Cyprus Research and Educational Foundation (CREF) and Cyprus Institute Professor Costas Papanicolas, was installed as an Associate Member ...

Since the middle of the month, a Christmas Market has been set up along Makarios Avenue with 16 Christmas houses selling sweets, handmade creations and local produce to raise money for ...

President Nikos Christodoulides on Thursday stressed the need to take measures against financial illiteracy within society, underlining the need for collective action to tackle the issue. Speaking at the Presidential ...

A 24-year-old Czech student shot dead his father then killed 14 people and wounded 25 others at his Prague university on Thursday before possibly killing himself, police said, marking the country’s ...

Fighting in the Gaza Strip escalated on Thursday with some of the most intense Israeli bombardment of the war and Hamas demonstrated its ability to rocket Tel Aviv, even as ...

Aegean Airlines and Cyprus Airways on Thursday announced that they have signed a long-term ACMI (wet lease) deal in which the Cypriot flag carrier will lease two Airbus A320 aircraft ...

The Council of Ministers on Thursday has green lighted a proposal presented by the deputy ministry of culture, in collaboration with the education ministry, for the implementation of a policy ...

The European Commission’s latest report on Cyprus’ economic and financial outlook for Autumn 2023 has outlined a series of projections and assessments, painting a nuanced picture of the country’s ...

President Nikos Christodoulides said on Thursday that in January he will hold a national council meeting and decide on his negotiating team for the Cyprus problem. “At the beginning of ...