2 h. ago €1 trillion frozen under fragmented EU regulations, says EBF official

European Banking Federation (EBF) director general Wim Mijs on Thursday sounded the alarm on the consequences of fragmented regulation in the European Union. Mijs stated that over €1 trillion in inactive capital remains locked, limiting banks’ capacity to support the economy and threatening the EU’s ability to achieve its strategic goals. Speaking at the general […]

Politics

10 h. ago Cyprus Business Now: Eurobank, hospitality, tourism, illicit trade, real estate

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director General of the European Banking Federation (EBF). Speaking to the in an exclusive interview with the Cyprus News Agency (CNA), Mijs highlighted the substantial reduction of non-performing loans, […]

Economics

16 h. ago Türkiye calls European Court ruling 'timely response' to 'politically motivated arrests' by Greek Cypriot authorities

Türkiye calls European Court ruling 'timely response' to 'politically motivated arrests' by Greek Cypriot authorities  Anadolu Ajansı

Events

22 h. ago Around 20,000 journalists, delegates to visit Cyprus during EU presidency

Around 20,000 journalists and delegates will be arriving in Cyprus during the country’s EU rotating presidency in the first half of 2026, Deputy Minister for European Affairs Marilena Raouna told MPs on Wednesday. Raouna said that Cyprus would be chairing 195 working groups and subgroups, and 258 meetings, and would be handling 330 legislative files, […]

Sport

23 h. ago Man City sign Dutch midfielder Reijnders ahead of Club World Cup

Manchester City confirmed the signing of midfielder Tijjani Reijnders from AC Milan on a five-year contract on Wednesday and said the Netherlands international will be available for this month’s Club World Cup. Financial details were not released but a City team source has put the transfer fee at 55 million euros. “City are one of […]

Politics

27 h. ago Cyprus banking sector stronger after 2013 crisis, says European banking chief

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director General of the European Banking Federation (EBF). Speaking to the in an exclusive interview with the Cyprus News Agency (CNA), Mijs highlighted the substantial […]

Events

32 h. ago 2026 FIFA World Cup European Qualifiers group H: Romania vs. Cyprus

2026 FIFA World Cup European Qualifiers group H: Romania vs. Cyprus  Xinhua

Politics

45 h. ago Romania vs Cyprus Preview & Prediction | 2026 FIFA World Cup Qualifying (UEFA)

Romania vs Cyprus Preview & Prediction | 2026 FIFA World Cup Qualifying (UEFA)  The Stats Zone

Sport

51 h. ago ECtHR orders Turkey to compensate Cypriot company over Varosha flats

The European Court of Human Rights on Tuesday ordered Turkey to pay compensation for moral damage to Cypriot company KV Mediterranean Tours Limited for loss of use of property. The amount will be decided after the parties register their claims within three months from now. The court, convening in Strasbourg, also ordered Turkey to pay […]

Politics

55 h. ago Navigating AI regulations in Cyprus: Embracing innovation with responsibility

As artificial intelligence (AI) continues to reshape sectors from healthcare to digital entertainment, the European Union has responded with the most comprehensive legal framework to date: the Artificial Intelligence Act. Cyprus, a committed EU member state and growing hub for tech innovation, is now navigating the implications of this regulatory shift, seeking to balance the […]

Politics

55 h. ago World Cup dream still alive despite loss to Belgium, Bellamy says

Wales manager Craig Bellamy said his side are still on track to qualify for the World Cup despite slipping from top spot in their group following a 4-3 defeat in Belgium on Monday. The clash in Brussels would have been marked down as Wales’ toughest test in Group J and it looked like the writing […]

Politics

3 d. ago Cyprus, Greece, Hungary Targeted By Israel’s New TUS IL Airline With Plans For Affordable Expansion To Top European Destinations

Cyprus, Greece, Hungary Targeted By Israel’s New TUS IL Airline With Plans For Affordable Expansion To Top European Destinations  Travel And Tour World

Politics

4 d. ago Fico says Slovakia will block EU sanctions on Russia if they harm national interests

Slovakia will block any European Union sanctions against Russia that damage its national interests, the country’s Prime Minister Robert Fico said on Sunday after its parliament approved a resolution calling on the government not to back any new measures. Fico said that Slovakia wanted to stay constructive within the bloc, but he called the resolution a political […]

Politics

4 d. ago Microsoft offers to boost European governments’ cybersecurity for free

Microsoft (MSFT.O) is offering free of charge to European governments a cybersecurity programme, launched this week, to bolster their defences against cyber threats, including those enhanced by artificial intelligence, it said. After a surge in cyberattacks in Europe, many linked to state-sponsored actors from China, Iran, North Korea and Russia, the programme aims to boost […]

Politics

5 d. ago Cyprus Business Now: BoC rates, hoteliers association, employment, Vassiliko

The Bank of Cyprus on Friday announced a fresh reduction in its reference interest rate for loans linked to the European Central Bank’s (ECB) base rate, in direct response to the ECB’s latest monetary easing. The bank will lower its rate from 2.40 per cent to 2.15 per cent, with the change taking effect from […]

Politics

5 d. ago Our View: Government split on public sector pay could be costly

The European Commission sounded a warning about state expenditure for this year as it was forecasted to grow by more than the government stipulated it would. The government’s commitment to the EU was for the growth of spending to reach 6 per cent in 2025 but according to the Commission’s six-monthly report this will reach […]

Politics

6 d. ago China looks to Cyprus to boost EU ties during 2026 presidency

China hopes to strengthen its ties with the European Union when Cyprus assumes the rotating presidency of the bloc in the first half of 2026, despite what it sees as “contradictory messages” from Brussels, senior Chinese Communist Party official Liu Jianchao said on Friday. Liu, a senior diplomat and politician who heads the party’s international […]

Sport

6 d. ago Global rift deepens as EU rejects US sanctions on ICC judges

The European Union strongly supports the International Criminal Court, the head of the bloc’s highest political body said on Friday, after US President Donald Trump’s administration imposed sanctions on four judges at the court. Antonio Costa, president of the European Council, which represents national governments of the 27 member states, said the court is “a […]

Events

6 d. ago Lacklustre Ancelotti debut as Brazil held to goalless draw at Ecuador

Carlo Ancelotti got off to a disappointing start as Brazil coach in Thursday’s South American World Cup qualifiers, drawing 0-0 against runners-up Ecuador, putting the Italian manager under considerable pressure. Brazil were unable to break down Ecuador’s organised defence and had few chances in the first half, the clearest coming from a Vinicius Jr attempt […]

Politics

6 d. ago Cyprus Business Now: finance ministry, real estate, tourism, inflation

The Finance Ministry on Thursday expressed satisfaction with the findings of the European Commission included in the 2025 Spring Package for Cyprus. In a statement, the ministry said that the report “clearly confirms the steady progress, resilience, and dynamism of the Cypriot economy“. Moreover, the ministry underlined that these findings are particularly noteworthy given the current […]

Economics