Cyprus has most foreign-owned debt in EU
At the end of 2022, Cyprus was the EU country with the largest proportion of debt held by non-residents, according to data released by Eurostat on Monday.
In Cyprus, non-resident holders ...
Fast-track courts should protect 20,000 debtors from losing homes
Lawmakers heard on Monday that around 20,000 debtors should benefit from the planned establishment of special courts fast-tracking financial disputes between borrowers and banks, aimed at affording some protection to mortgaged ...
Green light for 1,800 more public sector jobs
Parliament on Monday gave the green light for unlocking more than 1,800 positions in the public sector, as requested by the government, with opposition Disy complaining about the high cost to ...
Consumers association backs price support for electricity, not petrol
Given the large drop in fuel prices compared to a year ago the ending of the VAT on fuel is justified, the president of the Cyprus Consumers Association said on ...
Five cases of serious tobacco smuggling in two weeks
A man has been fined €2,800 after attempting to smuggle cigarettes and tobacco from the north in the engine of his car.
The tobacco products were found by police as the ...
VAT cut on basic goods has reduced prices
A VAT cut on seven basic goods has led to cheaper prices and been greeted positively by consumers, especially families, the Consumer Protection Association said on Monday.
The association said ...
Wooing Gulf tourism an uphill battle for Cyprus
Cyprus is attempting to lure more tourists from the Middle East but it’s proving to be an uphill battle, deputy minister for tourism Costas Koumis says.
He also says ...
EU has tools to push Turkey back to talks, president says
President Nikos Christodoulides said on Sunday, in reviewing his first 100 days, that from the start of his presidency, his immediate priority was to initiate actions to seek a leading role ...
Error leaves airport police ‘homeless’ at north’s new terminal
New Turkish Vice President Cevdet Yilmaz was due to arrive in the north on Sunday evening to inspect the work at the new terminal at Tymbou (Ercan) airport, which reports ...
Nicosia police warn of traffic disruptions on Monday due to farmers’ protest
In view of the farmers’ protest in Nicosia on Monday, police have announced some road closures in the capital.
Around 10.30am tomorrow the demonstrators in their tractors will move along ...
Shocking record: Cyprus’ high number of kidney failures
Cyprus has double the number of new patients starting dialysis each year
Cyprus records one of the highest numbers in terms of its population in new patients requiring kidney dialysis ...
Political incumbents defying the odds
Despite earthquakes, trainwrecks, inflation and a pandemic, political leaderships in Greece, Turkey and Cyprus remain basically unchanged
Kyriakos Mitsotakis triumphed in the first round of the Greek elections on May 21, ...
Turkey putting resumption of Cyprus talks at risk, EP president says
Turkey’s direct interventions in the north of Cyprus are putting at risk the prospects for the resumption of Cyprus talks, European Parliament (EP) President Roberta Metsola was quoted as ...
Father and son try to catch knife-wielding burglar, son injured
A father and son aged 56 and 27 respectively chased down and tried to apprehend a burglar they spotted on CCTV after he broke into their Paphos shop that sells eyeglasses but ...
All you need is love, say LGBTQ+ activists on divided Cyprus
Separated by politics but united in pride, members of LGBTQ+ communities came together in celebration late on Saturday in the no-man’s-land that splits Cyprus in two.
Setting off from ...
Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting June 12:
Cyprus-based investor Alexey Gubarev has recently become the owner of the land where Sodap’s wine factory ...
How a surprise EU agreement on asylum overhaul will impact Cyprus
‘An imperfect system that works will be better than a bad one that doesn’t’
Migration has become the albatross around the EU’s neck, but a recent agreement aims ...
Mixed marriages group protests outside parliament
A group calling itself the Uncredentialeds, which demands equal citizenship rights for children of mixed marriages, marched from the north to parliament on Saturday afternoon to highlight the problems they ...
Gas to power gives Cyprus-Israel gas plan momentum
There is grounds for an underwater natural gas pipeline from Israel to Cyprus to produce electricity both for domestic needs and to channel through the EuroAsia Interconnector, the Cyprus News ...
Cypriot assailants sentenced in Greece
Three men who beat up three Cypriots holidaying in Thessaloniki more than five years ago have been sentenced to 36 months in jail, suspended for three years, Greek media reported on ...
Military exercise shows readiness of National Guard says chief (video)
The large-scale tactical National Guard exercise Nikitis-Dimitra 2023 which took place in the land, sea, and air space of Cyprus showed the preparation and effectiveness of the units, leading officers said ...
Local authorities to get support to provide better services
Local authorities should play a leading role in the development of their communities and the government will support this effort, President Nikos Christodoulides said on Saturday.
He was speaking at ...
Cyprus ‘ready’ to address search and rescue incident at sea
Cyprus is ready to address in time any Search and Rescue (SAR) incident of any scale at sea and to activate supporting means and the rescue process for any shipwreck, ...
President to address his first 100 days
President Nikos Christodoulides will hold a press conference on Tuesday on the first 100 days of his administration, following underwhelming comments about his term so far by experts and the public.
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