Interest rates for house loans increase in March 2023
Interest rates for housing loans increased by 1.25 per cent in March 2023, compared to February 2023, according to the most recent data published by the Central Bank of Cyprus (CBC).
The rise ...
Russia launches new attack on Ukraine’s capital, officials say
Russia launched about 15 cruise missiles at Ukraine’s capital on Tuesday, the second attack in as many days, with air defence systems shooting all of them down, officials said, after ...
Cyprus Business Now
The number of bad checks registered in Cyprus in April 2023 rose to 35, according to an announcement released on Monday by the Central Bank of Cyprus (CBC).
The CBC’s data ...
Loan restructures lift new lending to €922.5 million in March 2023
New loans in Cyprus increased in March 2023, reaching a total of €922.5 million, up from €527.5 million in the previous month, according to data released by the Central Bank of Cyprus (CBC).
...
Qualcomm to acquire Israeli auto-chip maker Autotalks
Chip designer Qualcomm Inc (QCOM.O) said on Monday it would buy Israel’s Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the US ...
EA Interconnector measures to offset community disruptions in place
EuroAsia Interconnector has decided on compensatory measures to offset disruptions to communities affected by the project.
Among other works, an event hall will be created in Kofinou, a cafeteria in ...
Our View: Has Disy been taken over by populist right?
The result of the elections at Disy was seen by one political analyst as a victory of the ‘populist right.’ The new deputy leader Efthymios Diplaros prevailed comfortably over his ...
Wall Street Journal, New York Times among Pulitzer winners
The Wall Street Journal won the Pulitzer Prize for investigative reporting for revealing financial conflicts of interest among officials at dozens of federal agencies, the award administrator said on Monday.
...
China and U.S. see need to stabilise relations
China’s Foreign Minister Qin Gang said on Monday it is imperative to stabilise Sino-U.S. relations after a series of “erroneous words and deeds” threw ties back into a ...
Alberta wildfires force oil production shutdowns, even as cooler weather sets in
Firefighters were counting on rain and cooler weather forecast for Monday to help them quell a dramatic start to wildfire season in Canada’s main oil-producing province.
Alberta declared a ...
Police examining medical negligence case in Larnaca
Police are examining medical negligence in Larnaca related to the death of a 59-year-old woman last week, spokesman Christos Andreou said on Monday.
According to Andreou, the complaint was filed ...
Mexican officials roll out investment plans for southern corridor
Mexican authorities announced on Monday details of a government plan to attract businesses to a coastal corridor along a southern stretch of the country, part of a larger bid to ...
Government may lower VAT on more products, says finance minister
Finance Minister Makis Keravnos said on Monday that they are working towards lowering the VAT rate in general in Cyprus, adding that the government would mostly likely also further extend ...
Meeting at attorney-general’s office to discuss Perikleous’ disappearance
A meeting was held at the attorney-general’s office on Monday, after police efforts to locate Angelos Perikleous, missing since April 20, have failed.
According to reports, the meeting was held ...
Discounted VAT on first homes discussed again in parliament
Parliamentarians on Monday again discussed a government bill on discounted VAT on first homes, with some expressing the hope the legislation would – finally – go to the House plenum for a ...
Ukranian embassy disappointed Russian organisation received event permits
The Ukrainian embassy on Monday denounced the granting of permits to a Russian organisation in Cyprus for events to honour the WWII victims as a “cynical and immoral” gesture towards ...
Labour minister visits Larnaca, pledges support
The government will stand by Larnaca and both will have a close and meaningful relationship, Labour Minister Yiannis Panayiotou said on Monday, during his visit to the city.
During the ...
Theatrical performance highlights stories of Cyprus’ gay community
A staged reading in Greek directed by Diomedes Koufteros is coming to Nicosia, bringing stories from the local gay community into the spotlight. Loulles is a work in progress that ...
Supply of natural gas from the Aphrodite reservoir expected in 2027
The Aphrodite reservoir offshore Cyprus has a part to play in meeting growing global demand for natural gas, a senior Israeli energy executive has said.
Yossi Abu, CEO of NewMed ...
Agriculture minister calls for vigilance ahead of forest protection week
Agriculture Minister Petros Xenofontos hailed the beginning of this year’s forest protection week with a call for the public to be vigilant against the threat of fires.
Speaking at ...
Swedish reality TV show wraps up shooting in Cyprus
Remote, secluded, in perfect harmony with the surrounding nature and yet fully functional, well connected, and spacious enough to accommodate a film crew.
No, this is not a holiday home ...
Makers Fair to take place in Larnaca
The Youth Makerspace Larnaka celebrates five years and to mark the occasion it organises the Makers Fair on May 20. From 4pm to 10pm, the venue of the Youth Makerspace in ...
Sperm donor anonymity could be waived, says children’s rights commissioner
Sperm donor anonymity should be waived in the future, but only under certain conditions and if the child itself requests the information, Commissioner for Children’s Rights Despo Michaelidou advised ...
‘We can’t afford anything’: Turkey’s cost-of-living crisis threatens Erdogan’s re-election
Istanbul barber Hakim Ekinci, a long-time supporter of Tayyip Erdogan, won’t be voting for the president next Sunday, blaming his economic policies for eroding Turks’ purchasing power and leaving ...