There were no decisions Friday on measures to buffer hiking inflation, diminishing Cypriots’ purchasing power, as the government postponed action until next week. Following the meeting on Friday, government spokesperson Marios Pelekanos
The first opinion poll in the run-up to the Presidential Elections in 2023 indicates former Foreign Minister Nikos Christodoulides leads by nearly 20 percentage points. The opinion poll screened Thursday night by
Cyprus reported six deaths in the weekly Covid bulletin on Friday, raising the death toll since the pandemic started to 1,057, with new cases dropping to 2,103, about 300 less than the
President Nicos Anastasiades stating the cost-of-living adjustment (CoLA) covers lost income from high inflation has triggered a reaction from unions calling on the government to fully reinstate the mechanism. Trade unions demanded
Jordan’s King Abdullah II has offered to station firefighting aircraft in Cyprus through the summer fire season. Minister Ioannis Kasoulides thanked the Jordanian monarch following talks with his Jordanian counterpart, Ayman Safadi.
Brussels has warned Cyprus about its lack of legislation to limit air pollution, promote renewable energy and protect digital copyright. The infringement warning is a step before the case is referred to
By Craig Erlam Thursday was another turbulent session after stock markets turned sharply lower on Wednesday with investors fretting over the economic outlook for this year. Results from Walmart and Target this
Bank of Cyprus posted after-tax €21 mln profits for the first quarter of 2022, compared to a net profit of €8 mln a year ago. It announced a record €618 mln in
The banking sector is in choppy waters after employees backed their union to strike over Hellenic Bank’s intention to make 350 staff redundant, while Bank of Cyprus is also cutting branches. The
The bicommunal Technical Committee on Cultural Heritage is working on seven new religious conservation projects across Cyprus’ divide, expected to be completed by 2023. The Greek Cypriot co-chair of the Committee, Sotos