The fire at the Russian Cultural Centre in Nicosia, which destroyed part of the new cladding of the building under repair, was an unfortunate incident and a case of human incompetence, as
In 2022, EU countries granted protection status to 384,245 asylum seekers, up by 40% compared with 2021 (275,040), but in Cyprus, only 580 cases were granted (from 2,305), according to Eurostat. Of
The Independent Anti-Corruption Authority has hired a team of internationally accredited legal experts to investigate claims involving high-ranking officials in the cash-for-passports scandal. The previous administration set up the anti-corruption watchdog under
Revenue from Cyprus’ ship management industry continued its upward trend in the second half of 2022, reaching €648 mln, up by 25.6% year on year. Throughout 2022, revenue from ship management amounted to
The Met Office has issued a yellow warning for heavy rain as a low-pressure system moves across the island, upsetting plans for the weekend. A warning for severe thunderstorms came into effect
Annual Q1 Cyprus property prices increased by 12.3% for apartments, 3.1% for houses, 2.4% for offices, 8% for holiday flats and 3.1% for holiday homes, but decreased by 0.1% for retail and
In April, economic sentiment deteriorated, weighed by a three-year low in consumer confidence battered by a cost-of-living crisis and weaker business activity, according to a University of Cyprus index. The university’s Economic
The government will remove VAT on some foodstuffs to relieve households from inflationary pressures and a hike in interest rates, announced Finance Minister Makis Keravnos. Despite March seeing the lowest inflation rate
In the second half of 2022, average household electricity prices in Cyprus rose sharper than the EU average, from €23 per 100 kWh to €32.6 per 100 kWh, while Europe went from €23.5
The last Cypriot citizen airlifted from war-torn Sudan has arrived in Cyprus on an RAF flight carrying rescued Britons. Another seven Cypriots are currently making their way to Egypt by land, according
