Cyprus declares war on cars

Transport authorities are declaring war on the car in a bid to solve the traffic gridlock in the capital Nicosia and reduce pollution levels by persuading people to use buses. In comments

Minimum wage deal grows horns

The introduction of a national minimum wage is up in the air, as social partners appear to be dangerously drifting apart, instead of converging, after meeting President Nicos Anastasiades. The sides were

US lawmakers oppose F-16 sales to Turkey

US lawmakers of the Congressional Caucus on Hellenic Issues openly disagree with President Joe Biden, who supports Turkey’s request to purchase and upgrade F-16 fighter jets. A joint statement issued by Congress

New bank loans up 28.2% to May

New credit granted by Cypriot banks increased by nearly 30% in the first five months of the year compared to 2021, pushed upwards by higher demand for household and business loans. According

UN urges Cypriot leaders to end  mistrust

UN Secretary-General Antonio Guterres prompted Cypriot leaders to encourage more direct contact and cooperation between the divided communities as the climate of trust worsens. He urged President Nicos Anastasiades and Turkish Cypriot

Recession meltdown

By Jeffrey Halley    Recession fears buffeted markets overnight, with the price action across various asset classes looking like a self-sustaining negative feedback loop, triggering more stop losses as prices slumped and dragging

/