Cyprus Business Now
Harmonised inflation in Cyprus rose by 6.1 per cent in March 2023 compared to the same period last year, according to a report released this week by the Cyprus Statistical Service (Cystat).
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EU parliament backs world’s first comprehensive rules for cryptoassets
The European Parliament on Thursday overwhelmingly backed the European Union’s first set of rules to regulate cryptoasset markets.
Parliament voted by 517 in favour and 38 against to approve the world’...
Government’s fire prevention plan to be ready by May
The first phase of the government action plan on fire prevention will be ready by May 1, in time for this year’s fire season, Justice Minister Anna Koukkides-Procopiou said on ...
Our View: Higher deposit rates, lower loan rates are a fantasy
Finance Minister Makis Keravnos wrote to associations representing the banks and loan-purchasing companies asking them to absorb part of the cost from the rise in interest rates so that loan ...
Slick Sevilla punish slapdash Man United to ease into Europa semis,
Europa League kings Sevilla breezed past Manchester United into the semi-finals of their favourite competition as Youssef En Nesyri scored twice in a dominant 3-0 win on Thursday that secured ...
Russia regional governor quits after son dodges extradition to US
The governor of the giant Russian territory of Krasnoyarsk has quit, authorities said on Thursday, shortly after his businessman son dodged Italian authorities trying to extradite him to the United ...
Biden, France’s Macron reaffirm maintaining peace across Taiwan Strait- White House
U.S. President Joe Biden spoke by phone on Thursday with French President Emmanuel Macron and discussed Macron’s state visit to China, the White House said, a week after ...
Cyprus wastewater treatment plants do not comply with EU law, says Comission
Cyprus faces possible legal action from the European Commission for failing to ensure its wastewater treatment plants comply with EU law.
Earlier this week, the Commission sent a letter of ...
U.N. chief appeals for ceasefire in Sudan as thousands flee warring generals
U.N. Secretary-General Antonio Guterres appealed to Sudan’s warring factions to observe a ceasefire over the Muslim Eid al-Fitr holiday to allow civilians to reach safe areas as rival ...
Post office apologises over uncollected mail
Cyprus Post apologised to residents in Prodromi, Paphos on Thursday, after it was revealed that mail placed in a village letterbox was never picked up and sent to its destination.
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Hackers release stolen Open University of Cyprus data on dark web
Hackers on Thursday made good on their threat to release a trove of personal data – potentially terabytes of it – grabbed from the Open University of Cyprus, after a deadline for ...
DeSantis signs bill to lower bar on death sentence in Florida
Florida Governor Ron DeSantis signed a bill on Thursday ending a requirement that juries need to vote unanimously to recommend capital punishment before a judge in a capital felony trial ...
Judge rules Trump free to skip rape accuser’s trial, jurors won’t hear why
Donald Trump is free to skip a New York trial over accusations he raped a writer nearly 30 years ago, but jurors will not be told his absence was meant to ...
Government to submit its CoLA proposal by end of month
The government is expected to submit a compromising proposal on the cost of living allowance (CoLA) before the end of the month, Labour Minister Yiannis Panayiotou said on Thursday.
With ...
Netanyahu appeals to keep protests away from Israeli Memorial Day
Prime Minister Benjamin Netanyahu appealed on Thursday to Israeli politicians from his government and the opposition to keep protests at his judicial overhaul plan away from annual remembrances for slain ...
Banks remain mum on finance minister’s interest rate proposal
Banks have yet to react to an appeal from Finance Minister Makis Keravnos not to raise their interest rates on performing loans, forcing the minister to publicise his communications with ...
Police carry out mock terrorist attack exercise
The police forces’ top units responded to a mock terrorist attack on Thursday to assess their readiness, in a simulation of terror strikes which included an attack on Kykkos monastery.
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Two open mic nights coming up
Lovers of the word in Nicosia and Limassol have the opportunity to attend two open mic nights this April, whether as performers or audience members. Coming up first is a ...
Price of basic goods went up across the board in March
Prices for food and retail prices had a marked increase in March this year, with items such as water seeing a 12 per cent hike in the span of a month, ...
SpaceX’s Starship rocket successfully launched on first test flight, then explodes
Elon Musk’s SpaceX on Thursday successfully launched its next-generation Starship cruise vessel for the first time atop the company’s powerful new Super Heavy rocket in an uncrewed test ...
Deputy ministry of culture admits to social media post blunder
Another government blunder occurred on Thursday, as social media lit up over an official post made by the deputy ministry of culture about Deputy Minister Michalis Hatzigiannis attending a politician’...
Spurs not in talks with investors, says chairman Levy
Tottenham Hotspur are not in negotiations with any bidders over a potential takeover of the Premier League club, chairman Daniel Levy has said.
Iranian-American billionaire Jahm Najafi, chair of MSP ...
People lost faith in childhood vaccines during COVID pandemic, UNICEF says
People all over the world lost confidence in the importance of routine childhood vaccines against killer diseases like measles and polio during the COVID-19 pandemic, according to a new report ...
Fire Service holds training exercise at Latchi port
As part of the training activities aimed at improving its readiness, the Fire Service carried out an exercise on Thursday morning simulating a fire and a chlorine leak on a ...