President not trying to deceive in pension row

President Nikos Christodoulides is not hiding anything, said government spokesperson Constantinos Letymbiotis on Friday, after criticism over the controversial issue of multiple pensions for state officials. Earlier in the week, President Christodoulides

Leaving inflation unchecked is bigger threat

The cost of leaving inflation untamed is much higher for households and businesses, said Central Bank Cyprus governor Constantinos Herodotou. Addressing the 14th Limassol Economic Forum in Limassol, Herodotou referred to the

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Getting tough on unlicensed crypto providers

Authorities are toughening up on unlicensed crypto asset service providers, slapping them with hefty fines to protect investors and clamp down on money laundering activity. The move follows instructions and directives from

Warmest July in 40 years

July 2023 was the warmest month on record in the last four decades, the Cyprus Institute announced. According to the Copernicus Climate Change Service, this summer was by far the hottest on

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Food, petrol prices push up inflation

Rising food and pump prices took annual inflation higher in September, surging to 4.0%, according to the Consumer Price Index (CPI). The CPI increased by 1.33 units, reaching 117.67 units, from 116.34

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Ankara suggests ‘joint gas exploitation’

Turkey has proposed “joint exploitation” of Cyprus’ natural resources to abandon the talks framework based on a bizonal, bicommunal federal solution for one of two states. Turkish Foreign Affairs Minister Hakan Fidan

Ayia Napa gang rape trial delayed

A Cyprus court on Thursday adjourned the trial of five Israelis charged with raping a British woman pending the submission of material evidence by prosecutors. Police arrested the five Israeli youths, aged

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