The unprecedented attack by the Turkish Cypriots against members of UNFICYP in the buffer zone highlights their efforts to challenge the functions of the UN force in Cyprus by a decision to
The European Commission thinks the natural gas crisis has gone away. However, many energy-intensive companies have either closed or reduced production after being unable to cope with higher energy prices, especially as
The situation of abandoned dogs has greatly worsened, warned Municipality of Nicosia officials and the pound where local authorities take the strays. Another factor for the overpopulation of shelters is that adoptions
More needs to be done in dealing with the migrant crisis, with cooperation and coordination, President Nikos Christodoulides told an international conference in Rome. He said for the last six years, Cyprus
Cyprus remains the EU country with the highest stock of non-performing loans (assets) of the general government at 20.2% of GDP, according to Eurostat data. This was due to a large transaction
A prudent fiscal stance is necessary to maintain buffers to enable government support to the vulnerable during the current energy crisis, warned Finance Minister Constantinos Petrides. “In this new era, we should
Cyprus will not be seriously affected by an energy supply crunch tied to the war in Ukraine threatening to cause widespread blackouts across the European Union this winter, say analysts. Nevertheless, as
EU leaders on Friday met in Prague in a bid to bridge divisions on how to tackle soaring energy prices as they grapple with the fallout from Russia’s war on Ukraine, with
Europe’s energy crisis will not just be for this winter. Europe is expected to face similar problems next winter and probably beyond, driven by tight global gas supply and increasing competition for
Consequences of geopolitical events to the economy and banking sector have been contained, but the second-round effects are unknown, said Cyprus Central Bank governor Constantinos Herodotou. He argued that uncertainty in an
