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TECHNOLOGY: Cyprus in the bottom half of EU league for internet use

Cyprus (84%) falls just below the EU average of 85% of people aged 16-74 in the European Union who reported they had used the internet during the previous three months, according to

25th January 2019
Business

CYPRUS: Moody’s upgrades Bank of Cyprus, Hellenic deposit ratings, positive outlook

Moody's Investors Service has upgraded Bank of Cyprus and Hellenic Bank's long-term deposit ratings from Caa1 to B3, and their long-term Counterparty Risk Ratings (CRRs) to B1 from B2, with the outlook

25th January 2019
Cyprus

CYPRUS: Cabinet approves 10-year National Plan for energy and climate change

Cyprus has approved a draft 2021-2030 National Plan for Energy and Climate which includes various policies and measures to combat climate change and improve energy supply. The plan sets a national goal

24th January 2019
Cyprus

CYPRUS: Cypriots are ditching their plastic bags

Just six months after the introduction of a law obliging shops to charge for plastic carrier bags, Cypriots have changed their ways, but some outlets are still defying the new regime. Some

24th January 2019
Cyprus

TECHNOLOGY: Robot Sophia is coming to Cyprus

Sophia, the first social humanoid robot to be awarded citizenship  is to be a key speaker at the Reflect Festival which will be held in Limassol on 9-10 May at the Carob

24th January 2019
Business

CYPRUS: New car market struggling but Toyota remains top

Significant changes were recorded in the new car market last year with Toyota leading the way as the most popular brand of purchase in Cyprus, according to data released by the Road

24th January 2019
Business

CYPRUS: MED7 Summit to focus on migration, energy and Brexit

The fifth Southern EU countries (MED7) Summit on January 29 in Nicosia will discuss migration, Brexit, eurozone reform, Europe’s energy security and climate change as a matter of priority. Attending the summit

24th January 2019
Cyprus

Cyprus: Warning over high levels of dust in the atmosphere

Cypriot authorities on Thursday urged vulnerable groups to stay indoors due to an above average concentration of dust particles in the Cyprus atmosphere. Following recent unstable weather with intermittent sun and heavy

24th January 2019
Cyprus

CYPRUS: EOKA veterans broker deal with UK in torture case

The UK government has reached a £1 mln out of court settlement with 33 veteran EOKA fighters, who sought damages for the torture they suffered at the hands of British colonial forces

24th January 2019
Cyprus

EUROPE: Cyprus cries foul after EU slams its passport for investment scheme

Cyprus cried “double standards” after the European Commission said its citizenship for investment scheme could help organised crime gangs infiltrate the bloc or be a conduit to money laundering and corruption. The

23rd January 2019
Cyprus
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Latest News

  • WTI hits 6-week high of $86, as supply concerns rise
  • WTI rally slows down as Tehran leaves door open to diplomacy
  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”

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Popular

WTI hits 6-week high of $86, as supply concerns rise

Oil prices continue rallying on Wednesday as hostilities in Iran

WTI rally slows down as Tehran leaves door open to diplomacy

West Texas Intermediate traded around $81.30 on Monday, down 0.54%

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

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