The Cabinet has greenlighted the implementation of the ‘Photovoltaics for All’ scheme, subsidising up to 6,000 homeowners to install solar systems on their roofs, which will be up and running from the
The Cyprus government has decided to slash sick leave days for civil servants by a third, in a bid to boost productivity. Finance Minister, Makis Keravnos, said that the Cabinet has decided
The European Central Bank on Thursday held interest rates unchanged at 4% for the third straight meeting, as the ECB faces a sluggish euro area economy and shaky financial stability. The central
Four of the island’s towns are gearing up to take the European cultural spotlight in 2030, with the government pledging to grant €6.5 mln to the finalist, as well as a €1.5
By Craig Erlam US economic data continues to point to an economy that’s doing very well, despite the various headwinds, including very high interest rates. GDP data for the fourth quarter easily
Cyprus authorities are getting tough on migrant traffickers, with a local court slapping a five-year sentence on a smuggler who carried over 100 from Syria and Lebanon, the harshest penalty to date.
The administrators of the former Chartered Bank staff pension fund donated €9.5 mln to the Bank of Cyprus Oncology Centre (BOCOC), used to replace three linear accelerators. A linear accelerator (LINAC) aims
A three year old girl, rescued together with about 60 others aboard a small boat off the coast of Cyprus, died on Thursday morning, just hours after being admitted to the Intensive
By Craig Erlam US economic data was surprisingly strong on Wednesday, with both the services and manufacturing PMIs comfortably exceeding expectations and reinforcing the message that the economy is in good shape,
The Cyprus government’s IT and digital services agency has warned IBM to fix the glitches that caused the e-justice platform to collapse within a week of its launch or risk losing the
