3 h. ago Keravnos urges banks to lend more, support startups and green growth

Finance Minister Makis Keravnos on Thursday called on the Cypriot banking sector to step up lending, support innovation and startups, and embrace cultural change through digital transformation. “The challenges facing the banking sector are significant and require continuous adaptation, innovation and investment,” he said during the annual general meeting of the Association of Cyprus Banks. […]

Politics

20 h. ago Chancellor sets out over £2 trillion of spending to revive government

British Chancellor Rachel Reeves prioritised spending on health, defence and infrastructure projects to drive economic growth in a bid on Wednesday to reboot the Labour government’s offer of a brighter future to increasingly disillusioned voters. Setting out day-to-day budgets for government departments from 2026 to 2029 and investment plans out to 2030, Reeves said the […]

Politics

22 h. ago Weak network activity places downward price pressure on Cardano (ADA): Why Mutuum Finance (MUTM) is a better buy

Change is the only constant in crypto, and Cardano (ADA) has fallen off when it comes to keeping up with the changes. While initially praised for its advances in blockchain technology and peer-reviewed research, Cardano (ADA) has struggled to find direction in 2025. This slow pace of growth has forced Cardano (ADA) investors to look […]

Economics

22 h. ago UK Chancellor sets out spending plans to meet ‘working people’s priorities’

British Chancellor Rachel Reeves prioritised spending on health, defence and infrastructure projects to drive economic growth in a bid on Wednesday to reboot the Labour government’s offer of a brighter future to increasingly disillusioned voters. Setting out day-to-day budgets for government departments from 2026 to 2029 and investment plans out to 2030, Reeves said the […]

Economics

24 h. ago ‘There is no way’ electricity bills will go up by 9.5% – Minister

Energy Minister George Papanastasiou on Wednesday said there is “no way” that consumer electricity bills will go up by 9.5 per cent. Speaking after the day’s cabinet meeting, he described assertions that bills would rise by such an amount as “unrealistic” and “mass-market fiction”. “There is no way that such a thing will happen. The […]

Politics

29 h. ago Larnaca leads property value growth in Cyprus in first quarter

Larnaca continues to strengthen its position in the real estate market, registering the highest increases in property values during the first quarter of 2025, according to the latest RICS Cyprus Property Price Index with KPMG in Cyprus. Christophoros Anayiotos, managing director and head of real estate and land development at KPMG Cyprus, said that Larnaca […]

Politics

31 h. ago Chief Scientist hosts Tenstorrent COO during company’s third Cyprus visit

Chief Scientist of the Republic of Cyprus, Demetris Skourides, hosted Tenstorrent’s Chief Operating Officer, Keith Witek, and Senior Director of Corporate Development, Isaac Salameh, during the company’s third visit to Cyprus. The visit underscores Tenstorrent’s strong interest in establishing a local office, reinforcing its commitment to contributing to the growth of Cyprus’s digital economy. The […]

Sport

32 h. ago Modest UK economic growth to lead Bank of England to cut rates gradually

The British economy will grow a mild 1 per cent this year with the Bank of England set to cut interest rates two more times in 2025, according to economists polled by Reuters, little changed from previous projections despite tariff uncertainty. The survey was completed before finance minister Rachel Reeves’ planned comprehensive spending review on […]

Economics

33 h. ago UK pay growth slows as jobless rate rises to highest since 2021

Pay growth in Britain slowed sharply and unemployment rose to its highest in nearly four years in the three months to April, official data showed on Tuesday, potentially making the Bank of England less cautious about cutting interest rates further. Wage growth excluding bonuses slowed to 5.2 per cent, its weakest since the three months […]

Politics

44 h. ago World Bank slashes global growth forecast as trade tensions bite

The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly all economies. In its twice-yearly Global Economic Prospects report, the bank lowered its forecasts for nearly 70 per cent of all economies […]

Politics

45 h. ago Christodoulides’ intervention over electricity bills ‘illegal’

House energy committee chairman and Disy MP Kyriakos Hadjiyiannis on Tuesday lambasted President Nikos Christodoulides’ “highly illegal” intervention over the matter of forthcoming rises in electricity bills, describing it as a “great political blunder”. “The electricity authority [EAC] told us that it requested an increase of 7.5 per cent plus value added tax, which comes […]

Events

49 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

49 h. ago Australia has stabilising role amid rising global division, says PM Albanese

Australia will seek to disprove the “corrosive” idea that democratic institutions are failing amid significant global uncertainty, and play a stabilising role in the region, Prime Minister Anthony Albanese said on Tuesday. In his first major speech since his centre-left Labor party was re-elected in May, Albanese said the rise of far right and far […]

Politics

3 d. ago Geoengineering or bust: we absolutely need to stop further warming and no one is talking about it

This is the second anniversary of the arrival of the Emergency but practically nobody is mentioning it. Instead people are choosing to worry about more familiar problems like global trade wars, the rise of fascism and genocidal wars. It’s kind of a global displacement activity: if we don’t mention it, maybe it will go away. […]

Sport

4 d. ago From $0.03 to $1: Could Mutuum Finance (MUTM)’s next leg outpace Shiba Inu (SHIB)’s 2021 meteoric run?

Shiba Inu (SHIB) captured the world’s attention in 2021 with its outrageous surge. When a meme-inspired token turns into a market sensation, investors dream of the next rocket. Today, Mutuum Finance (MUTM) sits at $0.03, and its trajectory hints at transformational growth. From innovative lending models to a Layer-2 build and a coming decentralized stablecoin, […]

Economics

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

5 d. ago Top Cardano (ADA) rival to soar 30x by Q4 2025, best Altcoin to buy now?

As investors look for the best altcoin to buy now, Mutuum Finance (MUTM) is emerging as a serious coin challenging Cardano’s dominance. With ADA trading around $0.69 its steady growth is backed by smart contract advancements and expanding developer activity. Meanwhile MUTM a promising new crypto coin in the DeFi market is generating buzz for […]

Politics

6 d. ago AI makes workers more valuable and drives wage growth, PwC report shows

AI is making workers more valuable, productive, and able to command higher wage premiums, with job numbers rising even in roles considered most automatable, according to PwC’s 2025 Global AI Jobs Barometer, released this week. The report is based on analysis of close to a billion job ads from six continents. It finds that since […]

Politics

6 d. ago IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money  Kathimerini.com.cy

Economics