Shipping an ‘invaluable asset’

Shipping Minister Marina Hadjimanolis described the maritime sector as an invaluable asset for Cyprus, stating her determination to strengthen its global position. Hadjimanolis welcomed the special Cyprus-India Working Meeting this week, at

May inflation drops to two-year low

Annual inflation in Cyprus dropped to 3.01% in May, continuing its downward trajectory for a seventh consecutive month, mainly driven by the reduction of fuel prices. Price inflation in May marked the

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Bishop gets 12-month suspended jail term

Former Larnaca Bishop Chrysostomos received a 12-month suspended prison sentence after being found guilty of sexually assaulting a teenage girl in a historic case 42 years ago. The decision was announced amid

Unemployment above EU average

Last year, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to Eurostat data. The unemployment rate among the young was

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Aphrodite gas linked to Egypt

The offshore Aphrodite natural gas field developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the

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Action plan for green, digital transition

The Cabinet approved an Action Plan for “Green and Digital Transition” education within the European Year of Skills framework. After Wednesday’s Cabinet meeting, Labour Minister Yiannis Panayiotou said the goal is to

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