Southern Europe’s heatwave has hidden costs

While economic and fiscal costs remain manageable, the expected increase in the number, intensity and duration of extreme climate events in the coming years will have longer-term credit-negative effects on Europe, said

Primetel goes into administration

Telecommunication company Primetel has announced that Signal Capital Partners, a London-based private equity fund, is set to acquire the Cypriot firm after it was placed under administration. According to a Primetel statement,

/

Water demand puts strain on system

The prolonged heatwave and high temperatures have increased water demand, with authorities urging the public to avoid waste to avert shortages. Efi Attikouri, Head of the Water Supply Service of the Water

Cyprus Airways welcomes new A220s to its fleet

Cyprus Airways Friday welcomed its first two Airbus A220s during an official inauguration ceremony at Larnaca headed by President Nikos Christodoulides. Paul Sies, CEO of Cyprus Airways, said: “Today marks a significant