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Cyprus, Israel and Greece sign MoU on the EuroAsia Interconnector

Cyprus, Israel and Greece signed on Monday a Memorandum of Understanding taking another step towards connecting the electricity grids via the EuroAsia Interconnector, a...

Registration of motor vehicles drops significantly in first two months of 2021

The registration of motor vehicles in Cyprus in February 2021 decreased to 3,123, or by 15.9% compared to February 2020, according to a report...

This is how restaurants will re-open on 16 March

Insider is revealing the framework of the re-opening of restaurants on 16 March. According to the decree for the safe re-opening, there will be mandatory...

NPLs in the Cyprus banking system decline below €6 billion in November

Non-performing loans in the Cyprus banking system accelerated in November with bad loans declining below €6 billion, marking a reduction of €710 million compared...

Vaccinations “the main economic tool” in managing Covid crisis, says Minister of Finance

Vaccinations have turned into the “main economic tool” for the management of the coronavirus crisis and the prospects for the recovery, Minister of Finance...

Jobless rise by an annual 28% in February 2021

The number of unemployed persons registered at the District Labour Offices on the last day of February 2021 in February 2021 rose to 32,789...

Hotels rented beach for 100 years

Ten hotels are using the state land in front of their hotels as swimming pool and even though beaches are considered to be free...

Cyprus unemployment at 7.6% in 2020

Unemployment in Cyprus in 2020 rose to 7.6% of the labour force compared with 7.1% the year before, pushed upwards by the fallout of...

Interior Minister: Referendum on Self-Administration together with parliamentary elections

In a statement today, Interior Minister Nikos Nouris referred to the draft bills regarding the reform of Local Administration that had been discussed for...

Tourism DepMin welcomes Royall Caribbean’s decision to include Cyprus in its routes

Cyprus Deputy Ministry for Tourism welcomed world-renowned cruise ships company, Royal Caribbean's decision to incorporate Cyprus among its destinations during June – August 2021,...

Revenue from tourism plunge by 85% in 2020 as Covid decimates the tourism sector

Revenue from tourism in Cyprus plunged by an annual 85.4% in 2020 as Cyprus’ tourism sector was decimated by the Covid-19 pandemic. According to the...

Total loans increase by €2.8 mln in January, after suspension of loan installments ends

Total loans in January 2021 recorded a net increase of €2.8 million, compared with a net increase of €583.7 million in December 2020, according to...

Cyprus, Germany amend Convention for Avoidance of Double Taxation

Cyprus and Germany signed on Friday a protocol amending the Convention for the Avoidance of Double Taxation with respect to Taxes on Income and...

Subsidies of loans to be extended until end of 2021

Finance Minister Konstantinos Petrides said that the Finance Ministry will extend until the end of 2020 the Plans Subsidizing Interest Rates for New Housing...

Tourist arrivals to Cyprus drop annually by 95.5% in January 2021

The arrivals of tourists to Cyprus reached 3,889 in January 2021, recording a decrease of 95.5% compared to January 2020, during which 85,622 arrivals...

Government announces new housing schemes and incentives

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the Government. The schemes, which...

Pressure on owners for reduction of rents

Since people are going through the third phase of restrictions imposed due to COVID-19, owners of properties are under pressure to reduce rents, since...

Finance Minister: GDP-growth data confirm soundness of government policies

The data concerning the real GDP growth rate in 2020 confirm the soundness of the government policies to support businesses and employees as well...

Cyprus economy shrinks by 5% in 2020 against projections for deeper recession due to pandemic

The Cypriot economy contracted by an annual 5% in 2020 beating projections for deeper recession amid the coronavirus pandemic, according to a flash estimate...

Finance Minister: Cyprus to begin reducing its debt and cash reserves as pandemic normalises

Cyprus Minister of Finance Constantinos Petrides told CNA that the government will begin reducing public debt, increased due to strategic cash reserves, when the...

Bad loans in Cyprus down by €17 million at the end of October 2020

A further drop of €17 million was recorded in total non-performing loans in October 2020 compared to the end of September 2020. According to an...

Top Stories

Where to get a rapid test on Tuesday, 9 March

Aiming at the continuous surveillance of the community and the workplaces, the free programmes of rapid antigen testing of the general population and employees...

SA Black pilot inspires women to reach for the sky

Refilwe Ledwaba is South Africa's first Black female helicopter pilot and today she's helping other young women to break the glass ceiling and take...

Germans welcome first re-opening stage as some businesses allowed to reopen

Germans joyfully welcomed the re-opening of its first businesses on Monday (March 8) after four months of lockdown. "I think it's wonderful. I think it's...

90% of complaints for sexual harassment come from public sector

The biggest number of complaints about sexual harassment at work has been submitted by women, Maria Stylianou Lottides, Commissioner for Administration and Human Rights,...

23-year-old arrested for attack with Molotov against bank

The Limassol CID arrested a 23-year-old for an attack with Molotov cocktail outside a bank in Limassol. The act occurred on 13 December 2020 in...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...