The Cyprus Fiscal Council expects increased pressures on the macroeconomy in 2023, with forecasts slightly more unfavourable than those of the Finance Ministry. It said the restraint on expenditure and management of the
Some 450 Hellenic Bank employees have selected the exit button opting for early retirement with €200,000 compensation each. The bank launched its voluntary exit scheme to reduce its staff by around 500
President Nicos Anastasiades believes Cyprus could transport natural gas sooner to Europe if Brussels invested in constructing the necessary infrastructure. In an interview with Germany’s Die Welt newspaper, he argued the EU
What should have been a smooth parliamentary process this week to approve the annual budget of the Cyprus State Scholarships Foundation rekindled an old argument about what defines academic excellence and who
Four inmates and three prison officers will stand trial for the murder of 41-year-old Turkish Cypriot Tansu Cidan, who was brutally beaten to death in his cell on October 27. The Nicosia
Retailers reported their Black Friday sales began an underwhelming start amid a waterfall of complaints of fake offers, with consumers also dissatisfied with the discount level, which averages 20%. Shopkeepers were banking
Attorney General George Savvides told the parents of murdered soldier Thanasis Nicolaou that police are looking into DNA evidence collected 17 years ago. Army conscript Nicolaou, 26, was found dead under a
Long patient waiting lists have reappeared at state hospitals, with the Health Insurance Organisation (HIO) conceding it has failed to make good its promise to eradicate treatment delays. The head of the
Cyprus made some progress in improving its compliance with Financial Action Task Force (FATF) standards on combatting money laundering and the financing of terrorism, but moderate shortcomings remain. This is the conclusion
The death toll of COVID-19 in Cyprus continues to rise, as the Health Ministry reported another seven victims in the past week, with nursing homes a focus of concern. It is the
