Credit Rating Agencies have given a vote of confidence in the prospects and future developments in the Cyprus economy, Finance Minister Constantinos Petrides said. Petrides told the 1st Annual Financial Markets Forum held in Limassol that: “All Credit Rating Agencies agree that Cyprus’ economic performance, including public finances during 2021, but also the resilience it
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Cypriot consumers are reporting shady pricing practices ahead of Black Friday by shops, said the Commerce Ministry’s consumer protection service. In comments to CyBC, the service’s spokesperson Anastasia Stylianidou said they had received dozens of consumer complaints of sudden price fluctuations and misleading advertising. Stylianidou explained that consumers were reporting that some stores had pushed
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President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar will get the chance to have a social encounter during a reception the UN plans to host in December. The two Cypriot leaders infrequently meet as the peace process has turned frosty, with their last social occasion being seven months ago. They met during an April event
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Limassol residents on Thursday braved heavy rain, with several roads in the busy city centre flooding as the Met Office issued a yellow alert for storms. Social media users posted videos of the town’s flash flooding and heavy rainfall. No serious damage or injuries was reported; however, Civil Defence has issued guidelines to the public
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German Chancellor Olaf Scholz pledged his support to resume frozen Cyprus talks providing for a bizonal, bicommunal federation. He gave his assurances to Nicos Anastasiades after their meeting in Berlin, noting that Germany would do whatever it could for the resumption of the dialogue based on international law. They also agreed on closer cooperation in
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Cyprus Police are looking into the second case of sexual abuse by a high school teacher, while complaints are piling up against another educator who allegedly verbally and physically harassed his female students. As reported by Phileleftheros daily, the police task force handling Domestic Violence and Child Abuse cases has received an official complaint from
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A group of experts urge Cyprus to redouble its efforts in protecting women from violence and comply with the Istanbul Convention. Council of Europe Expert Group on Action against Violence against Women and Domestic Violence (GREVIO) published its baseline evaluation report on Cyprus. The report contains a comprehensive analysis of the implementation of the provisions of
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Paphos was shaken by an earthquake recording a magnitude of 4.0 in the early hours of Thursday morning, with no structural damage or injuries reported. The Cyprus Geological Survey Department said the quake measuring 4.0 on the Richter Scale occurred at 02:34 am, 30 km northeast of Polis Chrysochous and at a shallow depth of
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The National Guard is participating for a sixth consecutive year in the multinational military exercise MEDUSA as part of the trilateral defence cooperation between Greece, Cyprus, and Egypt. A statement by Defence Ministry said: “This exercise constitutes the culmination of the firm and upgraded military cooperation between the participating countries.” Cyprus joins the exercise with
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The Eastern Mediterranean, including Cyprus, can be an alternative energy source for Europe’s growing needs, President Nicos Anastasiades said in Berlin. Europe’s energy crisis was discussed when Anastasiades met the President of Germany, Frank Walter Steinmeier. The Cyprus issue, Ukraine and irregular migration were also top of the agenda. Anastasiades expressed his readiness for the
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