16 h. ago Oil slides on Trump tariff threats and OPEC+ supply expectations

Oil prices dropped by 1 per cent on Friday and were set for their first weekly decline in three weeks as US President Donald Trump recommended a 50 per cent tariff on the European Union and expectations rose that OPEC+ will increase crude output further in July. Brent crude futures fell 64 cents, or 1 […]

Politics

16 h. ago Yiorkadjis calls for Sizopoulos’ support to enhance district govts’ independence

Nicosia District Governor Constantinos Yiorkadjis on Friday called on outgoing Edek leader and House interior committee member Marinos Sizopoulos to give his support to increase both the financial and administrative independence of Cyprus’ district governments. Speaking after a meeting between the pair, Yiorkadjis said he hopes Sizopoulos will give “the necessary support, both in the […]

Politics

16 h. ago Greek court charges 17 coast guard officers over 2023 migrant shipwreck

A Greek naval court has charged 17 coast guard officers over one of the Mediterranean’s worst shipwrecks two years ago, in which hundreds of people are believed to have drowned, three sources said on Friday. The shipwreck of an overloaded migrant boat in international waters off the southwestern Greek town of Pylos on June 14, […]

Events

17 h. ago Christodoulides, Finnish PM discuss EU budget and migration ahead of 2026 presidency

President Nikos Christodoulides on Friday discussed with Finnish Prime Minister Petteri Orpo the prospects for the European Union’s next multiannual financial framework, which is due to be renewed in 2028, government spokesman Konstantinos Letymbiotis said. The European Commission presented its first document regarding the next multiannual financial framework in February, with discussions on the next […]

Politics

22 h. ago Cyprus eyes deeper Qatari investment ties with new proposals in Doha

Cyprus is courting Qatari investors with a push to expand cooperation in real estate, tech and financial services, as part of efforts to bolster bilateral ties and attract strategic capital into the island’s economy. During an official visit to Doha, Energy Minister George Papanastasiou met with Rashid bin Hamad Al-Athba, Second Vice President of the […]

Politics

25 h. ago Trump pushes EU to cut tariffs or face extra duties, FT reports

U.S. President Donald Trump’s trade negotiators are pushing the EU to make unilateral tariff reductions on U.S. goods, saying without concessions the bloc will not progress in talks to avoid additional 20% “reciprocal” duties, the Financial Times reported on Friday. U.S. Trade Representative Jamieson Greer is preparing to tell European Trade Commissioner Maros Sefcovic on […]

Politics

28 h. ago Our View: A cashless future can wait – people still need ATMs

MPs this week lambasted banks for the lack of ATMs, particularly in mountainous and remote areas, giving them a one-month deadline to come back with a plan for more extensive coverage. This is a long-standing gripe over which some MPs come across as a bit hyperbolic at times conjuring up visions of little old ladies […]

Politics

37 h. ago North ‘MP’ calls for crossing points to be closed over property arrests

Turkish Cypriot ruling coalition party DP ‘MP’ Serhat Akpinar on Thursday called for the north’s authorities to close the island’s crossing points over the recent arrests and court cases regarding the alleged development of Greek Cypriot-owned land in the north. “The United Nations’ representative [Maria Angela Holguin] is here Attention must be drawn immediately. […]

Events

37 h. ago Limassol and Marseille sign cooperation memorandum on port development

A memorandum of cooperation was signed on Thursday in Limassol between the cities of Limassol and Marseille, aiming to strengthen commercial and technical ties between their respective port authorities. “Carrying centuries of maritime heritage and a future defined by smart, sustainable development, Limassol is more than a city of hospitality – it is the cornerstone […]

Politics

38 h. ago Israelis feel besieged by global antisemitism after Washington attacks

When Jerusalem resident Ziv Halsband woke up to news that two staff members of the Israeli embassy in Washington had been killed, the software developer came to a disturbing conclusion: Jews were not safe anywhere. “We hope that Trump will continue to help us and to protect us all, especially in the States. And we […]

Politics

39 h. ago CBC governor outlines strategies for economic resilience and growth

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday used his address at the 4th ICPAC Mediterranean Finance Summit to underline the importance of resilience in the face of global economic uncertainties. At the event, Patsalides highlighted the necessity for strategic reforms and robust regulatory frameworks to ensure financial stability and sustainable growth. “We […]

Economics

40 h. ago EU to postpone key bank rules, waits on US deregulation plans

The European Union is set to delay new, global rules governing banks’ trading again as it waits for more clarity about the US administration’s plans to deregulate its financial sector, sources told Reuters. The Fundamental Review of the Trading Book (FRTB) is a key part the Basel III package devised in the wake of the […]

Politics

40 h. ago Oil prices fall more than 1 per cent on potential further increase to OPEC+ output

Oil prices dropped by more than 1 per cent on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand growth. Brent futures lost $1.08, or 1.7 per cent, to $63.83 a barrel by 1134 GMT. US West Texas Intermediate crude was down $1.02, […]

Politics

48 h. ago Greek fire brigade on high alert after 6.1 magnitude quake strikes off Crete

All Greek fire brigade forces were on high alert across Crete on Thursday after a 6.1 magnitude quake hit off the Greek island in the Mediterranean Sea. The service has not received any calls for assistance so far, the fire brigade said.

Events

52 h. ago Our View: Future of Nicosia’s Makarios avenue awaits police chief say

Last week, out of the blue, Nicosia municipal council voted to change the regime governing the lower part of Makarios avenue in Nicosia. This is the part that is closed to all vehicles except buses and taxis. The council voted that the road would open on weekdays from 7am to 9pm and close again on […]

Events

55 h. ago Cyprus Unveils Plan To Repatriate Scientists And Professionals

Cyprus Unveils Plan To Repatriate Scientists And Professionals  Greek City Times

Politics

68 h. ago Green Agenda Cyprus Summit 2025: Paving the way for a greener future

Green Agenda Cyprus Summit 2025: Paving the way for a greener future  Kathimerini.com.cy

Politics

68 h. ago EU plans to introduce flat fee on all small personal items ordered online

The European Union plans to levy a flat fee on billions of small packages entering the bloc, mainly from China, the Financial Times reported citing a proposal. The European Commission circulated a draft proposal on a handling fee on Monday after pressure from member states whose customs authorities are overwhelmed by the 4.6 billion items […]

Politics

68 h. ago Many Greeks feel insecure about their financial future, research finds

Just under half of Greeks feel insecure about their financial future, according to new research released by fintech firm Plum. The survey found that 26 per cent of Greeks feel very insecure, while another 19 per cent feel somewhat insecure. Moreover, only one in five respondents, or 20 per cent, expressed a sense of financial […]

Politics

69 h. ago €9 million awarded to Greek Cypriot refugee by north’s property commission

Greek Cypriot refugee Christos Saveriades has been awarded €9 million in damages by the Turkish Cypriot ‘immovable property commission’ (IPC) for the loss of use of his property in the north, it was announced on Wednesday. Lawyer Achilleas Demetriades, representing Saveriades’ heirs, said an “amicable agreement” had been reached on November 19, 2024, and the […]

Events