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Slightly higher January salaries due to CPI increase

End of the month salaries in Cyprus will be slightly higher in January due to a 0.23% increase in the Consumer Price Index. A circular...

The time for public service reform has come

The new year’s first two months could be turbulent for Cyprus parliament considering that the House Finance Committee will reopen debate on much-needed reforms...

Redundancies abating in Cyprus

The Cyprus state will pay over €0.5 billion in redundancies by end of 2020, according to figures obtained by Phileleftheros. This expenditure piled up over...

Total deposits of €48.6 billion in Cyprus in November 2019

Total deposits in Cyprus reached €48.6 billion in November 2019, while outstanding loans amounted €34.2 billion, according to data released by the Central Bank...

Surplus of 4.8% of GDP according to preliminary General Government fiscal results for January-November 2019 period

The preliminary General Government fiscal results for the period of January-November 2019, which are prepared by the Statistical Service of Cyprus (CYSTAT), indicate a...

Global stocks end 2019 close to record highs

Global equities drifted on Tuesday while the dollar ended 2019 on a subdued note following a buoyant year of stock market gains, driven in...

Industrial output prices slightly down in November

Industrial output prices recorded a slight drop in November on a monthly basis. On the contrary, the first eleven months of this year saw...

“Estia” applications accepted even if incomplete, Finance Ministry says

The Finance Ministry has announced that distressed borrowers can submit their applications for the “Estia”, a scheme in place since September in an effort...

482 Administrative Court cases submitted between 2014-2018

Dozens of civil servants submit appeals before the Administrative Court of Cyprus annually objecting to promotions and recruitment by the Civil Service Commission (EDY). In...

Only one in three Estia plan beneficiaries submit application

Only one in three eligible beneficiaries of Estia mortgage relief scheme actually submitted an application by end of last week which was the deadline,...

European stocks fall on profit-taking amid holiday lull

European shares retreated on Monday, as investors cashed in gains from a record run in stocks that has put the benchmark index on course...

Μonthly earnings of employees up annually by 3% in Q32019

Monthly earnings of employees in the third quarter of this year on an annual basis are estimated to have increased by 3%, provisional data...

Cyprus current account deficit down in Q3 2019

Cyprus current account`s deficit fell in the third quarter of 2019 on an annual basis, provisional data the Central Bank of Cyprus has released...

Industrial production up in October and first ten months of 2019

Industrial production in Cyprus was up in October and in the first ten months of this year, data released by the Cyprus Statistical Service,...

Cypriots spending Christmas holiday abroad the new trend

Even though tradition in the Mediterranean island has the whole family sitting around a Christmassy table rich in food and drinks statistics show that...

What rating agencies expect from Cyprus in 2020

Credit rating agencies are getting ready for a new outlook on Cyprus' economy but not before they see developments in the state of play...

Total sales of petroleum products in Cyprus down in November

Total sales of petroleum products in November 2019 recorded a fall of 10.7% compared to the previous month, according to data released recently by...

Central Bank of Cyprus sees downside risks to the economy despite strong growth

The Central Bank of Cyprus (CBC) sees certain downside risks to the Cypriot economy for the period 2020-2022, that may lead to slower economic...

Wall St set to open near record highs in thin Christmas Eve trade

U.S. stock indexes were set to trade near record highs heading into the Christmas break on Tuesday, fueled by optimism over improving trade relations...

Attracting third age tourism is Cyprus’ goal

The ‘sun and sea’ tourism product of Cyprus seems to be outdated while the all-inclusive model was prevalent during the last peak summer season. That’s...

Cyprus back on the cruise industry’s map

Cyprus has been in the cruise industry for decades but the long-standing political turbulence in the Eastern Mediterranean region dealt a severe blow to...

Top Stories

Cyprus Academy of Sciences joins EU academies federation ALLEA

The Cyprus Academy of Sciences, Letters, and Arts has been admitted to the European network of academies ALLEA (All European Academies), the academy said...

Paphos: Appeal after 3 dogs stolen from dog shelter

  The PAWS Dog Shelter in Paphos is appealing to the public for help after three dogs were stolen. Hope, Dana and Polly had homes to...

Guidelines for operation of libraries

  Guidelines have been issued by the health services for libraries which are reopening following closure under measures to prevent the spread of coronavirus. The guidelines...

EU sets up financial crime unit as pandemic poses new risks

    The European Union on Friday set up a unit of investigators to tackle an expected surge in finanial crime in the economic downturn triggered...

Higher risk of serious Covid-19 infection for A+ blood type, new study finds

People with A+ blood type are at increased risk compared to other blood types for respiratory failure and death due to a severe Covid-19...

Taste

Poulles (Υoung kolokassi)

Either you thrash the coriander seeds in a mortar, without making them into dust, or you gradually crush them in a blender. Remove the edges...

Pork cooked in wine

Crush the coriander seeds in a pestle and mortar or pulse-blend in a blender, taking care not to over-grind. Put the meat in bowl (not...

Lefkaritikos tavas – O ‘protinos’

Wash and dry the meat and rice separately. In a ‘tava’ (oven proof deep clay pot) first put a layer of five-six pieces of meat...

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...