23 h. ago Cyprus Business Now: economy forecast, BoC, AstroBank, shipping, tourism revenue

The Finance Ministry on Friday published its strategic fiscal policy framework for the period 2026 to 2028, forecasting stable economic growth and a steady decline in public debt over the next four years. Growth is expected to range between 2.9 per cent and 3.1 per cent during the period, with the public debt projected to […]

Economics

41 h. ago Cyprus expects public debt to drop to 43 per cent of GDP by 2028

The Finance Ministry on Friday published its strategic fiscal policy framework for the period 2026 to 2028, forecasting stable economic growth and a steady decline in public debt over the next four years. Growth is expected to range between 2.9 per cent and 3.1 per cent during the period, with the public debt projected to […]

Politics

8 d. ago Holguin ‘told Gerapetritis of failure to achieve progress’ on some issues

United Nations envoy in Cyprus Maria Angela Holguin told Greek Foreign Minister Giorgos Gerapetritis of a “failure to achieve the expected progress” on some issues related to the Cyprus problem, according to reports on Friday. The Cyprus News Agency reported that she had said there had been some progress achieved on other issues, and that […]

Politics

1 week ago England coach Tuchel expects players to suffer in World Cup heat

England coach Thomas Tuchel will attend FIFA’s Club World Cup starting this month to observe how players cope with the expected hot and humid weather conditions. Next year’s World Cup, taking place in the United States, Canada and Mexico, could be one of the hottest in the tournament’s history. “It is important to see matches […]

Sport

1 week ago Cyprus property prices set to drop as supply rises, says president

Cyprus is expected to experience a decline in both rental and property purchase prices in the coming years, President Nikos Christodoulides announced this week. Speaking at a dinner hosted by the Cyprus Property Developers Association in Limassol, the president attributed the anticipated price drop to new housing developments that are set to balance supply and […]

Politics

1 week ago Greece And Cyprus Cruise Season Kicks Off With One Hundred Seventy Thousand Travelers Expected In 2025, Ushering In A New Era For Mediterranean Maritime Tourism

Greece And Cyprus Cruise Season Kicks Off With One Hundred Seventy Thousand Travelers Expected In 2025, Ushering In A New Era For Mediterranean Maritime Tourism  Travel And Tour World

Sport

1 week ago Polish eurosceptic Nawrocki expected to win presidential vote, news website Onet says

Nationalist and eurosceptic Karol Nawrocki was expected to win Poland’s presidential election based on all votes counted, the news website Onet reported on Monday, in results that would deal a blow to the reform agenda of the pro-European government. The Polish Electoral Commission said on its website that it had counted all of the votes. […]

Politics

1 week ago Polish eurosceptic Nawrocki wins presidential vote, electoral commission says

Polish nationalist opposition candidate Karol Nawrocki won the second round of the country’s presidential election with 50.89% of the votes, the electoral commission said early on Monday on its website. His rival, Rafal Trzaskowski, the liberal Warsaw mayor and an ally of the government led by Donald Tusk, got 49.11%. Nawrocki, 42, a eurosceptic historian […]

Politics

1 week ago Cyprus cruise season launches with 170,000 travelers expected in 2025

Cyprus cruise season launches with 170,000 travelers expected in 2025  Kathimerini.com.cy

Politics

2 w. ago Archbishop expects ousted Bishop Tychikos to sign declaration of faith

Archbishop of Cyprus Georgios has called on former Bishop of Paphos, Tychikos, to sign a declaration of faith renouncing those who have distanced themselves from the Church. Speaking after a meeting with Tychikos on Friday, Georgios said the deposed bishop could choose to sign or not sign the declaration, but if he refused, the Holy […]

Politics

2 w. ago Ukraine keeps Russia guessing over participation in June 2 peace talks

After U.S. President Donald Trump urged Moscow and Kyiv to work together on a peace deal to end their three-year-old war, Russia proposed sitting down with Ukrainian officials next week in Istanbul. Kyiv responded by saying it was committed in principle to the search for peace, but that it was waiting for a memorandum from […]

Politics

2 w. ago Kremlin expects Russia and Ukraine to discuss ceasefire conditions in Istanbul

The Kremlin expects Russia and Ukraine to discuss the list of conditions for a ceasefire in the war in Ukraine next week in Istanbul, its spokesman said on Friday, praising the U.S. role in mediating the talks. Russia has proposed holding the second round of talks with Ukraine in Istanbul on June 2. However, Ukraine […]

Events

2 w. ago Five held over prison document scandal ‘expected to be released’

The five people who were arrested last week over the finding of classified documents in the home of a prison warden are expected to be released on Friday, according to reports. The Cyprus News Agency reported that the suspects, four prison wardens and a female police cadet, are to be released after “no data emerged […]

Events

2 w. ago Cyprus Business Now: properties, investors, financial literacy, unemployment

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire. Based on Land Registry data published this week, the ten most expensive transactions nationwide totalled €18.4m. The highest-value deal was the €3.3m sale of a plot in […]

Economics

2 w. ago Cyprus sees €43.8 million in April property sales, led by €3.3 million Engomi plot

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire. Based on Land Registry data published this week, the ten most expensive transactions nationwide totalled €18.4m. The highest-value deal was the €3.3m sale of a plot in […]

Economics

2 w. ago Cyprus among few Eurozone countries on track to hit ECB’s 2 per cent inflation target

Cyprus is expected to be among the few Eurozone countries to reach the European Central Bank’s 2 per cent inflation target by 2025–2026, as inflation across the bloc continues to ease gradually, according to the European Commission’s latest projections. Although early 2025 saw food and tourism prices surge in Cyprus, driven by strong demand and […]

Events

3 w. ago Cyprus household saving rate set to rise to 11 per cent in 2025

Household saving rates across the European Union are projected to stabilise in 2025 after recent volatility driven by economic uncertainty, according to the European Commission’s Spring 2025 Economic Forecast. The forecast highlights varied national trajectories, with countries like Cyprus, Portugal, and the Netherlands expected to see increases, while others, such as the United Kingdom and […]

Politics

3 w. ago Cyprus economy to grow 3 per cent in 2025, says European Commission

Cyprus’ economy is expected to continue growing at a robust pace in 2025 and 2026, according to the European Commission’s Spring 2025 Economic Forecast released on Monday. Specifically, growth is expected to reach 3 per cent in 2025 and moderate slightly to 2.5 per cent in 2026. The commission explained that this expectation is underpinned […]

Events

3 w. ago Limassol affordable homes project to begin construction by June

Cyprus is moving ahead with its first affordable rental housing scheme, with construction on the initial phase of a new development in Limassol expected to begin by June, according to the Cyprus Land Development Organisation (Koag). The ambitious project, a collaboration between Koag and the Limassol municipality, will see the creation of a small residential […]

Politics

4 w. ago Bank of Cyprus expects limited impact from tariffs, reports record profits

The imposition of tariffs is not expected to have a significant or immediate effect on the Cypriot economy, which remains resilient and continues to outperform most European countries, according to Bank of Cyprus group chairman Takis Arapoglou, . Speaking at the bank’s annual general meeting held in Nicosia, Arapoglou stressed that the Bank of Cyprus […]

Economics