7 h. 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

22 h. ago Alcaraz returns to French Open final after ailing Musetti retires

Defending champion Carlos Alcaraz reached back-to-back French Open finals after Italian eighth seed Lorenzo Musetti retired with injury while trailing 4-6 7-6(3) 6-0 2-0 on Friday. Alcaraz, who is attempting to become only the third man to retain his Roland Garros title this century after Rafa Nadal and Gustavo Kuerten, will face either world number […]

Sport

26 h. ago Russia says its strike against Kyiv and other centres was a response to Ukrainian ‘terrorist acts’

Russia’s Defence Ministry said on Friday that its forces had carried out a massive and successful strike on military and military-related targets in Ukraine overnight in response to what it called Ukrainian “terrorist acts” against Russia. Russia’s military released the statement after Ukrainian officials said Russia had launched an intense missile and drone barrage at […]

Events

27 h. ago Cyprus Takes Bold Step to End Sunbed Reservation Practice, Sparking Heated Debate Among Tourists

Cyprus Takes Bold Step to End Sunbed Reservation Practice, Sparking Heated Debate Among Tourists  Travel And Tour World

Society

33 h. 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

47 h. ago UK steps up drought response after driest spring in over a century

Britain said on Thursday it would step up efforts to protect its water resources ahead of the summer, after the driest and warmest spring in England in over 130 years. The Environment Agency (EA) said reservoirs across England were only 77% full, compared with the average 93% for this time of year, although it noted […]

Sport

51 h. ago Finance Ministry hails EU report on Cyprus’ economic resilience

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 […]

Economics

51 h. ago School safety responsibility lies with teachers, not hourly staff, Isotita says

The sectoral council of hourly auxiliary secretarial staff of school boards, part of the national union Isotita, issued a statement on Thursday criticising what it called “misleading remarks” made during a recent session of the House education committee. The committee had been discussing concerns around pupil absences and communication with parents. Some educational organisations reportedly […]

Politics

53 h. ago Vyras slams ‘catastrophic’ plan to make district govts responsible for waste management

Union of Cyprus municipalities chairman Andreas Vyras on Thursday warned that plans to transfer responsibility for waste management are “completely catastrophic”. In a letter to the House interior committee, he said the move would place a “huge financial burden” on municipalities. “It would leave them shouldering the financial burden of waste collection, without having the […]

Politics

53 h. ago COSMOS Insurance to hold voluntary blood donation in Larnaca

As part of its commitment to social responsibility and ongoing contribution to society, COSMOS Insurance is organising a voluntary blood donation in collaboration with the Larnaca Blood Donation Centre on Thursday, June 12, 2025, from 11am to 1pm, at its regional office in Larnaca (13 Peliou Street, Quality Tower A). The event will take place […]

Events

57 h. ago Cyprus Business Now: property market, Jumbo, RIF, tourism, European Commission

Cyprus is no longer considered a country with macroeconomic imbalances, according to the European Commission’s 2025 Spring Package under the European Semester. This decision follows a sustained reduction in vulnerabilities related to external and private debt, supported by strong economic growth. At the same time, the European Commission has issued targeted policy recommendations to guide […]

Society

67 h. ago Cyprus Football Federation President Steps Down Amid Corruption Allegations

Cyprus Football Federation President Steps Down Amid Corruption Allegations  FootBoom

Politics

2 d. ago EU removes Cyprus from list of countries with macroeconomic imbalances

Cyprus is no longer considered a country with macroeconomic imbalances, according to the European Commission’s 2025 Spring Package under the European Semester. This decision follows a sustained reduction in vulnerabilities related to external and private debt, supported by strong economic growth. At the same time, the European Commission has issued targeted policy recommendations to guide […]

Economics

2 d. ago Cyprus urged to step up role in EU wildfire prevention plans

A senior European commission official on Wednesday called on Cyprus to boost its involvement in wildfire prevention programmes, warning of growing risks as the Mediterranean braces for another scorching summer. Speaking in a televised briefing, senior official at the commission’s directorate-general for European civil protection and humanitarian aid operations Zacharias Yiakoumis said Cyprus plays an […]

Events

3 d. ago Limassol district govt calls for ‘responsible’ water use over Kataklysmos weekend

The Limassol district government on Wednesday called on people living in the district to “demonstrate responsibility” in their water use over the Kataklysmos weekend. The Kataklysmos (flood festival) weekend, one of the highlights of the Greek Orthodox Christian calendar, typically sees people engage in water fights and other water-based activities. As such, the district government […]

Politics

3 d. ago Cyprus and Greece to deepen cooperation in research and innovation

Cyprus and Greece have agreed to step up cooperation in research and innovation, following high-level talks in Athens between senior officials from both countries. The meeting brought together Theodoros Loukaidis, Director General of the Research and Innovation Foundation (RIF), and Anastasios Gaitanis, Secretary General for Research and Innovation of Greece. It focused on “strengthening bilateral […]

Politics

3 d. ago Israeli military says two projectiles crossed from Syria towards Israel

The Israeli military said on Tuesday that two projectiles crossed from Syria towards Israel and fell in open areas. It was not immediately clear who was responsible for the projectiles and there was no immediate comment from Syria. The Israeli army shortly after said it attacked southern Syria with artillery fire following the projectiles that […]

Politics

3 d. ago Parents must have role in teacher evaluations, says federation

Parents must be formally included in evaluating teachers and schools, the Nicosia federation of primary school parent associations proposed on Tuesday. The group argues that involving parents in the new teacher and educational work evaluation system would boost transparency, accountability and shared responsibility across the public education sector, ultimately benefitting pupils. In a written statement, […]

Society

4 d. ago CySEC ‘collecting data before investigating’ Paphos mayor’s cartel claims

The Cyprus securities and exchange commission (CySEC) on Tuesday said it is “taking practical steps to collect all the available data and information” before deciding whether it will investigate claims made by Paphos mayor Phedonas Phedonos regarding alleged links between foreign exchange companies in Cyprus and Latin American drug cartels. The commission insisted that it […]

Events

4 d. ago New US proposal for nuclear deal set to be rejected by Iran, raising tensions

Iran is poised to reject a U.S. proposal to end a decades-old nuclear dispute, an Iranian diplomat said on Monday, dismissing it as a “non-starter” that fails to address Tehran’s interests or soften Washington’s stance on uranium enrichment. “Iran is drafting a negative response to the U.S. proposal, which could be interpreted as a rejection […]

Events