The government has come under pressure from stakeholders following news that a state-sponsored affordable housing project in Limassol has gone south due to a lack of funds. The Cyprus Scientific and Technical
Unemployment has decreased from 20% (2013) to 6%, and there is a trend of continuous decline. At the same time, there are serious shortages in various sectors, such as construction, e.g., craftsmen,
Cyprus is taking an initiative for the European Union to re-evaluate Syria’s status as a war-torn country that prevents EU states from returning refugees seeking refuge in the bloc. In comments to
Another fire that broke out early on Friday at a metals recycling plant in the Geri industrial area has been brought under control by firefighters, but residents are angry. The latest fire
Changing the basis of a Cyprus solution is “out of the question” not just for the Greek Cypriot side but also for the international community, President Nikos Christodoulides said Friday. Asked whether
Tourism Minister Costas Koumis held contacts in Stockholm and Helsinki to increase flight capacity to Cyprus over the next year. Koumis met leading executives of travel firms and airlines that operate routes
The percentage of mobile phone contracts with unlimited voice, SMS and data exceeded 50% of the total in the first half of 2023, indicating the increasingly significant role it plays. “Packages with unlimited
President Nikos Christodoulides said that joint military manoeuvres with three other European Union countries in the Eastern Mediterranean underscore the bloc’s readiness to ensure regional security and stability. Christodoulides said the drill
Cypriot banks have made more profit from the increase in interest rates than their counterparts in the European Union, said Moody’s Senior Analyst Christos Theofilou. He told news site Stockwatch that Cypriot
The value of Cypriot bonds held by the Eurosystem fell below €7 bln as the European Central Bank continues to deleverage its balance sheet in an effort to tame inflation. Based on
