Cyprus banks are feeling the heat from political parties and the government to absorb part of the increased cost of borrowing created by interest rate hikes burdening the economy and households. According
There was calm in the Pyla buffer zone on Monday, with UNFICYP saying the force is monitoring the situation and will take action to stop any unauthorised resumption of construction. Speaking to
There is stability in the number of new COVID-19 cases in Cyprus, averaging around 1,000 per week, a Ministry of Health official said. In statements to CNA, Elisabeth Constantinou, Director of Medical
Britain, France and the US issued a joint statement expressing serious concern over violence aimed at British and Slovak UN peacekeepers from Turkish Cypriot forces in Pyla. The British High Commission, the
The Finance Ministry fended off accusations fired by the opposition that government policy has taken its toll on the economy. “The Cypriot economy continues its upward trend, and unlike other European countries
Former Commerce Minister Stelios Kiliaris has died, aged 72, after a battle with cancer. Born in Nicosia in 1951, Kiliaris had a lasting influence on the island’s political and financial life. Apart
The United Nations has condemned the attack on its peacekeepers on divided Cyprus Friday, saying personnel were assaulted by Turkish Cypriots when blocking a controversial road project. Peacekeeping Force in Cyprus (UNFICYP)
Cyprus is among the 25 countries facing extremely high water stress each year, the World Resources Institute (WRI) said in a recent study. These countries are home to a quarter of the
Cyprus tourism stakeholders hope to break the 2019 record for holidaymakers arriving at the island, following a boost in bookings extending well into the Autumn. In comments to news site Stockwatch, Deputy
Seasonally adjusted GDP in Cyprus dropped by 0.4% in the second quarter of 2023, compared with the previous quarter but was up by 2.3% annually, according to a flash estimate by Eurostat.
