4 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

5 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

7 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

7 h. ago Cyprus maintains low payment fraud levels despite rising European risk

Cyprus continued to record relatively low levels of payment fraud in 2024, even as European banking supervisors warn that the overall risk landscape is evolving, with criminals increasingly shifting tactics rather than disappearing. According to a joint report by the European Banking Authority (EBA) and the European Central Bank ECB), the value of fraudulent card […]

Events

10 h. ago Alpha Bank Cyprus staff join forces to support families this Christmas

Christmas is the season that reminds us that the greatest value lies in giving. With this in mind, Alpha Bank Cyprus continues to support those in need this year as well, participating once again in the Pancyprian Volunteer Coordinating Council’s “Adopt a Family for Christmas” campaign.This year, the Bank chose to give its participation an […]

Politics

10 h. ago Man arrested after loitering in park with jewellery, bank cards, drugs

A 34-year-old man was arrested in the early hours of Tuesday morning after being found loitering in a park in Dali while in possession of a hoard of jewellery, bank cards, weapons, drugs, and instruments frequently employed for the purpose of breaking and entering properties. The police said they received a call about the man […]

Events

33 h. ago Cyprus bank workers win pay boost and extra leave in landmark deal

Cyprus bank workers win pay boost and extra leave in landmark deal  Kathimerini

Economics

3 d. ago Cyprus Business Now: EIB survey, AI adoption, Keve, unemployment, Eurogroup, PwC

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey for Cyprus. The survey found that investment activity in Cyprus remains strong, with almost all businesses making investments, primarily focusing on innovation, even though the […]

Politics

3 d. ago EU agrees to indefinitely freeze Russian assets, removing obstacle to Ukraine loan

The European Union agreed on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Russia. The EU wants to keep Ukraine financed and fighting as it sees Russia’s invasion as a threat to its own security. To do so, […]

Politics

4 d. ago Cyprus business investment activity remains strong, EIB survey finds

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey for Cyprus. The survey found that investment activity in Cyprus remains strong, with almost all businesses making investments, primarily focusing on innovation, even though the […]

Economics

4 d. ago Drug users in Cyprus to gain right to immediate treatment, not punishment

Drug users in Cyprus to gain right to immediate treatment, not punishment  Kathimerini

Events

4 d. ago Ο Γενικός Γραμματέας ΚΟΕ Γιώτης Ιωαννίδης συναντήθηκε με αξιωματούχους της World Taekwondo

Η Κυπριακή Ολυμπιακή Επιτροπή φιλοξένησε την Παρασκευή 12 Δεκεμβρίου, στα γραφεία της στο Ολυμπιακό Μέγαρο, επίσημη συνάντηση με τον κ. Na Young-jip, Director of the International Department του World Taekwondo Headquarters KUKKIWON, ο οποίος συνοδευόταν από τον Master Park Soon Oh, στο πλαίσιο  επίσκεψης εργασίας στην Κύπρο. Σκοπός της συνάντησης ήταν ο συντονισμός ενεργειών και […]

Politics

4 d. ago Central Bank of Cyprus keeps countercyclical buffer rate at 1.5 per cent

The Central Bank of Cyprus (CBC) on Friday announced that it deemed it appropriate to maintain the countercyclical buffer (CCyB) rate at 1.5 per cent, effective as from January 14, 2026. The CBC’s decision to leave the countercyclical buffer rate unchanged at 1.5 per cent was made under the legal framework governing the oversight of […]

Sport

4 d. ago Oncology data breach under investigation as authorities assess failings

The personal data protection commission has confirmed on Friday it is investigating a serious breach at the Bank of Cyprus oncology centre. The authority said it was informed by the centre in line with obligations under the general data protection regulation and national law, with the latter later having filed a complaint with the police […]

Events

5 d. ago Hackers hit Bank of Cyprus Oncology Center, steal patient data

Hackers hit Bank of Cyprus Oncology Center, steal patient data  Kathimerini

Events

5 d. ago Eurobank’s €pistrofi rewards scheme now available to Cyprus customers

Eurobank is the first Greek banking group to extend its card rewards programme to Cyprus via the renewed €pistrofi programme, which now unites Greece and Cyprus under a single rewards scheme. In Greece, the €pistrofi programme is the largest card rewards scheme in terms of its network of participating businesses, returning euros to Eurobank cardholders. […]

Economics

5 d. ago Alpha Bank receives certification for health and safety standards

Alpha Bank Cyprus on Thursday announced that it has successfully completed the certification processes for the international standards ISO 14001:2015 and ISO 45001:2018, integrating all its operations, branches, and workplaces into two comprehensive systems. These include an environmental management system and an occupational health and safety management system. “Through these certifications, the bank ensures that […]

Politics

5 d. ago Bank of Cyprus: ''Best Foreign Exchange Bank in Cyprus'' by Global Finance

Bank of Cyprus: ''Best Foreign Exchange Bank in Cyprus'' by Global Finance  Kathimerini

Economics

5 d. ago BoCCF sweets workshop to bring unique twist to Christmas delights

Continuing its successful collaboration with author and educator Florentia Kythreotou, the Bank of Cyprus Cultural Foundation (BoCCF) invites you to another unique workshop for adults, dedicated to Christmas delights with a fresh and creative twist. Imaginative no-cook recipes will be presented, drawing inspiration from Cypriot tradition and revamping familiar flavours through new combinations of ingredients […]

Sport

5 d. ago Two arrested in Larnaca for possession of stolen goods, drugs, weapons

Two people have been arrested in Larnaca in connection with the illegal possession of property, drugs and an offensive instrument, police said on Thursday. According to the police, the incident occurred at around 3.30am when officers spotted a car moving suspiciously in the Tsakilero area of Larnaca. When officers signalled for the driver to pull […]

Events