Cyprus lagging in research spending

According to Eurostat, Cyprus spends far less on research and development than most other European Union countries, as just 0.85% of the Gross Domestic Product (GDP) or €184.8 mln, went into research

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Cyprus initiative behind climate summit

President Nicos Anastasiades said the Ninth Environment for Europe Ministerial Conference in Cyprus is a recognition of actions and initiatives taken by the government to tackle the climate emergency. Upon his arrival at Nicosia’s

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New bank loans up 15%

New loans granted by Cypriot banks increased by 15.4% in the first eight months to August compared to 2021, pushed upwards by higher demand for household and business loans. Despite a €182.3

Property sales best since 2008

Cyprus’ real estate sector is proving to be resilient, as it has recorded its best nine months of sales since 2008, according to Land Registry data. According to the latest data, sales

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Crucial ECB meeting in Cyprus

The next non-monetary policy meeting of the Governing Council of the European Central Bank will be held on 5 October in Cyprus; an informal gathering will follow the day after. According to

Lack of progress on missing ‘cruel’

Lack of progress in identifying hundreds of missing persons is cruel and unacceptable; Presidential Commissioner Photis Photiou told relatives in Athens. As he said, “48 years have passed since the dark summer of

Annual property sales jump 18%

Property sales increased by 18% during the first nine months of 2022, compared to the same period last year. Also, the number of sale agreements submitted to the Land Registry increased by

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Cyprus ‘vindicated’ by US lifting arms ban

Lifting of the decades-long US arms embargo against Cyprus has vindicated the country for clearly demonstrating its policies belong to the West and does not waver from political allies, said Interior Minister Nicos

A new reality, same problem

If the government needed any firmer example of where the island’s division was going, there were plenty of people involved in the non-existent peace process telling us the game’s up. The reunification

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