UNSG: No common ground on Cyprus peace process

Prospects for reaching common ground on the Cyprus peace process “remain uncertain” for the foreseeable future, said UN Secretary-General Antonio Guterres. According to an advance copy of the report on his Mission

Cyprus condemns Turkish violations

In a letter to UN Secretary-General Antonio Guterres, Cyprus denounced Turkish violations of its national air and maritime space from January-August. The letter from the UN Permanent Representative of Cyprus, Ambassador Andreas

€5 mln for Olivewood this year

The Finance Ministry has earmarked €5 mln for the Olivewood incentive scheme designed to promote Cyprus’ revamped audiovisual sector for big movie studios to sprinkle more Hollywood magic. According to the 2023

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Cyprus Equity Fund in early 2023

A nascent, but promising innovation ecosystem, will get another boost as authorities gear up to launch the Cyprus Equity Fund, said the Finance Ministry. In an update to the House Finance Committee,

National Minimum Wage comes into effect

The landmark National Minimum Wage of €940 per month and €885 for the first six months of employment became active on January 1 by the decree of Labour Minister Kyriacos Koushos. Some

A year of political inertia

The past year hardly put a smile on anyone’s face. Struggling to recover from the Covid-aftermath, Russia invaded Ukraine just as everyone prepared for a year of recovery. Due to the lack

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Annus Horribilis for Cyprus banks

Over the last three years, Cyprus banks had struggled to deal with their past and unload non-performing loans from their balance sheets when governments were fighting the worst pandemic in a century.

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Can we trust title deeds?

I want to share with you the various complaints that we receive, which concern the extent of the described properties on the titles of plots of land and fields. Until recently, I

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