#Cyprus

Cyprus’ annual rate of inflation reached 7.1 per cent in January 2023, continuing its downward trend for the third consecutive month. According to a report published on Friday by the Cyprus Statistical ...

Sixteen Greek Cypriots are seeking state assistance in resettling to the villages of Kormakitis and Ayia Triada in the north, according to the humanitarian affairs office. The state plan for ...

Melco Resorts & Entertainment Limited, a company that develops, owns and operates integrated resorts across Asia and Europe, announced this week that it hosted President Nicos Anastasiades at the City ...

Net new lending in Cyprus stood at €3.23 billion in 2022, reflecting a 10 per cent increase compared to the previous year, despite the uncertainty created by the war in Ukraine, according to ...

The Association for the Protection of Borrowers (Syprodat) this week called for the creation of a Dispute Resolution Committee, in order to decongest the courts, describing this as “the only ...

The Cyprus Mail continues its series of articles with the main presidential candidates. We have reprinted their responses in the order we received them. Today, we pose questions to Christos ...

Finance Minister Constantinos Petrides on Thursday warned credit-acquiring companies (CACs) not to proceed with foreclosing on properties where the borrower has applied for a government-sponsored debt relief scheme. In a ...

European Union cities had the highest housing cost burden in 2021, according to a report published on Thursday by Eurostat, the European Union’s statistical service. In Cyprus, the lowest rate ...

Lending rates in Cyprus rose again in December 2022, with deposit rates also moving higher amid the European Central Bank’s normalisation of key interest rates, according to a report released ...

Deok union blasted the government’s stance on foreign workers on Thursday accusing Labour Minister Kyriacos Koushos of sidelining workers’ rights and paving the way for companies to hire third-country ...

Reservoirs are less full than last year despite frequent rain over the past week, with total reserves standing at 67.2 per cent compared with 75.9 per cent this time last year, the ...

The cost of the presidential elections is estimated at €7 million based on the appropriations included in the interior ministry’s 2023 budget. This was up from €5.2m for the 2018 presidential elections. ...

Human rights organisations and NGOs in the north on Friday are set to hold a demonstration outside a court in Trikomo, where a 21-year-old suspected of murdering 16-year-old girl Zehie ...

Undecided over who to vote for in the upcoming presidential elections? A team from Cyprus’ university of technology (Tepak) has prepared a list of 22 questions for voters, which can tell ...

Archbishop Georgios is open to lifting the 2015 excommunication of theologian Andreas Pitsillides if he withdraws “his heretical views” on the Orthodox faith, it was reported on Thursday. According to ‘sources’ ...

Cyprus has been classed as a ‘flawed democracy’, ranking 37th in the list of countries analysed by the Economist Intelligence Unit’s (EIU) 2022 Democracy Index. The position on the table ...

Cyprus’ net Foreign Direct Investment (FDI) position decreased further in 2021, with the dominant partner, both in terms of inward and outward FDI being Russia, according to a report released by ...

The household debt ratio in Cyprus stood at 77 per cent of GDP at the end of the third quarter of 2022, marking a slight decrease compared to the previous quarter, according ...

Deloitte Cyprus on Wednesday announced that it has signed a sponsorship agreement with the Cyprus Olympic Committee (Koe), valid until the end of 2024, the year of the Paris 2024 Olympic Games. ...

The state appears to be in no rush to set up and launch more traffic cameras as 35,000 fines remain unpaid. Tuesday marked another missed milestone in the timeline according to ...

Labour Minster Kyriacos Koushios on Wednesday said he would not leave his post until the revamp of strategic plan for hiring third country nationals is promoted to the cabinet. Speaking ...

The children’s specially designated accidents and emergencies department (A&E) has started operating at Nicosia general hospital, Health Minister Michalis Hadjipantela announced on Wednesday. According to the minister, ...

The overall solvency ratio of the Cypriot banking sector stood at 21.2 per cent at the end of September 2022, its highest level since the Central Bank of Cyprus (CBC) began collecting ...

Agriculture Minister Costas Kadis on Wednesday said €443 million euros in grants and subsidies had been allocated to the agricultural sector between 2018 to 2022, marking significant progress. Presenting his assessment of recent ...