Cyprus warning for stormy weather

The Met Office issued an orange warning for showers and local thunderstorms throughout Monday. According to the warning, thunderstorms are expected to impact primarily the mountains and the eastern half of the

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President calls for lower interest rates

President Nikos Christodoulides has urged banks to take concrete steps in absorbing some of the increased cost of borrowing from interest rate hikes burdening the economy and households. During an interview with

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Cyprus among 20 freest economies

Cyprus is among the top 20 countries for economic freedoms but has ground to make up, according to the Economic Freedom Report issued by The Heritage Foundation. According to the report, Cyprus

Limassol forest fire under control

Authorities said the wildfire that raged in Akrounta, Limassol, over the weekend was completely under control Monday after two days of firefighting. Light rain in the area on Sunday afternoon helped, assisting

Traders on edge ahead of key events

By Naeem Aslam   Investors in Europe and the US are preparing for a volatile week as the economic docket is full of fireworks. Since last week, concerns about the Fed’s interest rate

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Aeronautical exercise in East Med

Aeronautical exercise “EUNOMIA” is being organised for the fourth consecutive year in the Eastern Mediterranean from 11 to 15 September, in the framework of the Quadripartite Initiative between Cyprus, Greece, France and

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