Yellow alert for thunderstorms

Cyprus will get the first taste of Autumn weather on Tuesday after the Met Office issued a yellow warning for thunderstorms and hail. The Department of Meteorology issued a yellow warning for

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Turkish hostility against Greece worries EU

Turkey’s hostile threats against Greece are unacceptable and must be dialled down, said EU Commission spokesperson for external affairs Peter Stano. Stano said that threats and aggressive rhetoric from Turkish President Tayyip

Will PM Truss tank the Pound?

Britain’s new Prime Minister, Liz Truss, is helping to sink the beleaguered pound even further – and the trajectory is only likely to get worse for the UK currency, warned the CEO

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Unemployed drops to 14,960

Cyprus unemployed decreased by 1,320 people in August, dropping by 8.1% compared to 12 months ago, data released Monday showed. But registered unemployment figures for July alone indicate a slight increase, compared to July

Compromise VAT bill on new homes

The government has retabled a bill for reduced VAT on first homes, aiming to find the sweet spot between MPs’ concerns and the European Commission, which has initiated infringement proceedings against Cyprus

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Risk aversion sweeps across Europe

By Craig Erlam European stock markets are plunging at the start of the week following a day of mixed trade in Asia, with Gazprom’s supply-cut announcement on Friday weighing heavily on the

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Off-duty UN peacekeepers banned from north

The UN peacekeeping force in Cyprus (UNFICYP) has banned all off-duty military personnel from going to the north following a ‘drunken romp’ at a Famagusta beach involving British soldiers. A UNFICYP spokesperson

Banking network shrinks by over half

Cyprus’ banking network has shrunk by a quarter in the past three years, as many branches have closed and the workforce reduced as banks go digital. According to the Association of Cyprus

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