1 hour ago Tax reform talks hit impasse as wealth tax proposals divide MPs

Strong disagreements came to the fore on Thursday as opposition MPs haggled with government officials over aspects of the tax reform legislation, just days before the bills head to the House plenum for a vote. The vote at the House plenary will take place on Monday, December 22 – cutting it very close to the […]

Events

4 h. ago Next big crypto to watch as Solana slows, this new cryptocurrency under $0.1 surged 250%

Crypto markets tend to move in cycles, and one of the clearest signals of a new phase is when former leaders begin to stall. That is happening now. As Solana trades with reduced momentum, investors are starting to look beyond established names and reassess what crypto to buy now for the next growth window. In […]

Politics

5 h. ago ECB holds rates steady and turns more positive on the economy

The European Central Bank kept its policy rates steady on Thursday and took a more positive view on a euro zone economy that has shown resilience to global trade shocks. The central bank for the 20 countries that share the euro raised several of its growth and inflation projections for the bloc, in a move […]

Politics

5 h. ago Bank of England lowers rates after tight vote but signals caution about further cuts

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further. After a sharp drop in inflation in data this week and a new forecast from BoE staff that growth will stagnate in late 2025, five […]

Politics

6 h. ago Eurobank expands Cyprus presence with new share listing on CSE

Eurobank on Thursday announced that its newly issued shares will begin trading on the Cyprus Stock Exchange (CSE) on December 19, 2025, marking a further step in the bank’s post-merger integration and strengthening its presence in the Cypriot capital market. The bank said the move follows the previously announced start of trading on December 15, […]

Politics

15 h. ago Cyprus Business Now: banks, tourism, housing, shipping, fast

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure AI services, marking a further step in the bank’s long-term digital transformation journey. The initiative forms part of the bank’s multi-year cloud strategy, developed in […]

Economics

25 h. ago Larnaca EAO records increase in processing rate for building applications

The processing rate of building and urban planning applications in Larnaca has significantly improved in November, the Larnaca district self-governance organisation (EOA) said, referring to statistics from the interior ministry on Wednesday. “[These rates] confirm that the EOA Larnaca’s development licensing sector has entered a steady upward trajectory, reflecting the systematic, hard and intensive work […]

Politics

32 h. ago Trilateral meeting signals Cyprus’ deepening security ties with Israel

Senior air force commanders from Greece, Israel and Cyprus held a confidential meeting in Nicosia on Wednesday, reportedly regarding further security cooperation. According to Israel’s KAN News, Israeli air force chief, Major General Tomer Bar, met with senior officers of the Greek and Cypriot air forces to discuss operational coordination. The talks primarily focused on […]

Politics

33 h. ago Alpha Bank Cyprus marks milestone year after AstroBank acquisition

Alpha Bank Cyprus bets on green finance and innovation after merger Alpha Bank Cyprus on Wednesday said that 2025 marked a milestone year that reshaped its position in the local market. This follows the completion of the transfer of most banking activities of the former AstroBank after securing all supervisory approvals, a move aimed at […]

Politics

34 h. ago Carey goes from villain to hero with century in Adelaide heat

Hometown hero Alex Carey rode his luck to a first Ashes century to rescue Australia as England’s bowlers toiled in an Adelaide Oval cauldron on a scorching opening day of the third test on Wednesday. The wicketkeeper’s 106 helped drive Australia to 326 for eight at stumps, with Mitchell Starc (33 not out) and Nathan […]

Politics

35 h. ago Bank of Cyprus partners with Avenga for new AI digital platform

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure AI services, marking a further step in the bank’s long-term digital transformation journey. The initiative forms part of the bank’s multi-year cloud strategy, developed in […]

Politics

36 h. ago Bank of Cyprus, Avenga, and Microsoft usher in a new era of conversational banking with Agentic AI

Bank of Cyprus, Avenga, and Microsoft usher in a new era of conversational banking with Agentic AI  cbn.com.cy

Politics

41 h. ago UK unemployment rate rises to 5.1 per cent in three months to October

Britain’s jobs market showed further signs of weakening in the run-up to last month’s budget announcement by finance minister Rachel Reeves, as official data showed fewer people in work and private sector wage growth slowing. With the Bank of England already expected to cut interest rates on Thursday to help a slowing economy, the data […]

Politics

52 h. ago Bitcoin (BTC) sideways action has investors hunting for this under $0.04 token with 50x potential

Bitcoin has been struggling to regain directional momentum as macro signals dampen short-term risk appetite. Despite a widely expected rate cut from the US Federal Reserve, BTC has failed to sustain upside moves, instead drifting sideways below key resistance levels. This lack of follow-through has frustrated traders who expected renewed upside after months of institutional […]

Economics

55 h. ago Trump brands fentanyl a ‘weapon of mass destruction’ in drug war escalation

President Donald Trump signed an executive order on Monday declaring fentanyl a weapon of mass destruction, a move that dramatically expands the U.S. government’s authority to fight the synthetic opioid blamed for tens of thousands of American overdose deaths each year. The designation, unprecedented for a narcotic, signals Trump’s intent to treat fentanyl not merely […]

Events

56 h. ago Greece pays off debt worth 5.3 billion euros ahead of schedule

Greece has paid off ahead of schedule debt worth 5.3 billion euros ($6.22 billion) that had been due after 2031, two government officials said. Monday’s payment would allow Greece to save 1.6 billion euros in interest payments until 2041 and lower its debt to below 120% of its economic output by 2029, Greek government spokesperson […]

Economics

56 h. ago Cyprus banks see healthier loan portfolios, softer profitability

The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the domestic financial system. The Central Bank of Cyprus said the non-performing loans ratio of the Cypriot banking sector, excluding loans and advances to central banks […]

Economics

57 h. ago Can Cyprus Become A Defence And Space Hub? New Industry Cluster Signals Big Ambitions

Can Cyprus Become A Defence And Space Hub? New Industry Cluster Signals Big Ambitions  Orbital Today

Politics

58 h. ago Cyprus grain producers to protest EU CAP farm subsidy changes

Cyprus grain producers will mobilise tractors and rally outside Nicosia’s House of Europe next Thursday to protest revisions to the EU’s common agricultural policy (CAP) framework. The organisation announced the action amid reports and preliminary talks on a new CAP framework that would revise direct payments and gradually cut subsidies for farmers. “Without substantial political […]

Politics

58 h. ago Sustainability must shape every business function, says Eurobank

Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th Cyprus ESG Forum. The aim, according to the bank, is to promote accountability and sustainable practices across the business community. The forum, held in Nicosia […]

Economics