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Cyprus joins virtual summit backing Ukraine ceasefire

Cyprus joins virtual summit backing Ukraine ceasefire

Cyprus on Thursday took part in a virtual meeting of the ‘Coalition of the Willing’, where it reiterated its support for Ukraine. According to a statement, President Nikos Christodoulides participated in the video conference call, organised from...

Cyprus Parliament approves bill to align with Schengen VIS system

Cyprus Parliament approves bill to align with Schengen VIS system

Cyprus’s House of Representatives on Thursday approved legislation paving the way for the country’s integration into the Schengen Area’s Visa Information System (VIS), a move seen as a significant step toward full accession to the Schengen zone....

Cyprus taps U.S. and EU defense funds to strengthen military

Cyprus taps U.S. and EU defense funds to strengthen military

Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and...

Cyprus trade deficit widens to €3.26 billion

Cyprus trade deficit widens to €3.26 billion

Cyprus recorded a trade deficit of €3.26 billion in the first five months of 2025, slightly up from €3.18 billion in the same period of 2024, according to figures released on Thursday by the statistical service. Specifically, total imports of...

Cyprus: Upsurge in fires leads to warning

Bases fire chiefs are urging residents to remain vigilant after attending 11 fires in the past seven days. Crews in Episkopi worked alongside Republic of Cyprus (RoC) firefighters to extinguish blazes in the Fasouri plantation area, whilst in...

CYPRUS ENTERING ITS FIRST DEFLATION IN YEARS

Current Events For the first time since 2021, Cyprus has entered into deflation. The Statistical Service of Cyprus has revealed that the island nation’s yearly rate of inflation has gone down to the negatives up to -0.2%, This previously happened...

Cyprus construction prices up 4.4 per cent from last year

Cyprus construction prices up 4.4 per cent from last year

The construction production index in Cyprus reached 112.65 units in the first quarter of 2025, reflecting a 1 per cent increase compared to the same period in 2024, according to the state statistical service. The service explained that the base...

Nicosia, the neglected relative

Nicosia, the neglected relative

by Demetris M. Demetriou Nicosia has structural issues. Where other cities have the sea, Nicosia has the Green Line. By its very nature, its development, and even the daily relief of its traffic, does not unfold in any smooth or natural way. It...

Cyprus strengthens ties with UAE in AI and tech collaboration

Cyprus strengthens ties with UAE in AI and tech collaboration

Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement released on Thursday. The visit aimed to “reinforce Cyprus’ role as a forward-looking hub for artificial...

Cyprus deputy shipping minister visits UK to boost IMO council bid

Cyprus deputy shipping minister visits UK to boost IMO council bid

Deputy Shipping Minister Marina Hadjimanolis,paid a working visit to London this week, aiming to strengthen bilateral ties with the United Kingdom. The trip also sought to promote Cyprus’ bid for re-election to the council of the International...

Cyprus: President’s speech at Invest Awards

The Invest Cyprus International Investment Awards have evolved into an annual tradition and celebration. One that honours those who have invested their trust in Cyprus and contributed meaningfully to our country’s growth. First and foremost, I...

Cyprus races to boost water supply as reservoirs run low

Cyprus races to boost water supply as reservoirs run low

Cyprus plans to start pumping desalinated water from new units in Moni into the network on July 22, officials said on Wednesday, as concerns grow over low water reserves. George Kazadjis, deputy director of the water development department, told...

Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF

Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF

The Cyprus association of care home owners on Tuesday expressed “strong dissatisfaction” over the way House labour committee discussed living conditions in private and state care homes for people with dissabilities. The association, a member of...

Cyprus reviews progress in financial literacy strategy

Cyprus reviews progress in financial literacy strategy

The Cyprus Financial Literacy and Education Committee (CyFLEC) reviewed the progress of Cyprus’ national strategy for financial literacy on Wednesday during its fifth meeting of the board of directors. According to a statement issued by the...

Cyprus swelters at 40°C as yellow warning continues

Cyprus swelters at 40°C as yellow warning continues

A seasonal low‑pressure system and a warm air mass are driving the heat. After early patches of low cloud and fog lift, skies will turn mostly clear. Winds will blow southwest to northwest, locally southeast to southwest in the morning, starting...

Cyprus curtails as much renewable electricity in first half of 2025 as whole last year

Cyprus curtails as much renewable electricity in first half of 2025 as whole last year

In addition to being the only European Union member state without an interconnection with another power system, Cyprus only has oil-fired generators, a surging solar power capacity, and wind parks. Other countries, like Greece, also must curtail...

Cyprus pushes ahead with smart meter rollout from Wednesday

Cyprus pushes ahead with smart meter rollout from Wednesday

A large project to install smart electricity meters will continue across Cyprus from Wednesday, the electricity authority of Cyprus (EAC) has confirmed. Smart meters record electricity use in real time. They are expected to help people manage...

Cyprus trade turnover rises 5.7 per cent to €19.34 billion in 2023

Cyprus trade turnover rises 5.7 per cent to €19.34 billion in 2023

Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment both increased during the reporting...

Cyprus treasury bills delisting scheduled for July 25

Cyprus treasury bills delisting scheduled for July 25

The Cyprus Stock Exchange (CSE) on Wednesday announced the suspension of trading for the thirteen-week Treasury Bills of the Republic of Cyprus, under the code TB13D25. According to the CSE, trading will be suspended from July 22, 2025 until July...

Cyprus Business Now: airports, property, graduate employability, CySEC

Cyprus Business Now: airports, property, graduate employability, CySEC

Cyprus is stepping up its air connectivity this summer, with Larnaca and Paphos airports offering an expanded network of destinations across Europe and the Middle East. The move, driven by Hermes Airports in close partnership with airlines and...

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