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Economic climate in December upbeat due to vaccine roll out

Economic climate in Cyprus moved upward in December with businesses and consumers feeling upbeat due to the vaccine against the covid-19 virus, the University...

Cyprus tourism revenue down by 74.1% in October, 85.1% in first ten months of 2020

Tourism revenue in Cyprus was hit hard by the pandemic in October and in the first ten months of this year, recording a drop...

CyStat data: Employees earned less in 2018 than in 2010

Employees earned less in 2018 than in 2010, data released by the Cyprus Statistical Service (CyStat), on Wednesday, show. In a press release, CyStat says...

Finance Ministry wants to use the area of State Fair

The Finance Ministry is carrying out a competition for the Provision of Services for the preparation of a Master Plan for the area of...

Rejection of state budget jeopardizes recovery planning, Cyprus’ Central Bank warns

Central Bank of Cyprus (CBC) says that the rejection of state budget for 2021 by the parliament is a negative development that jeopardizes the...

24 companies qualified for supply of liquefied natural gas

The Natural Gas Public Company (DEFA) has concluded the first phase of the tender process for the supply of Liquefied Natural Gas (LNG). According to...

TRUST- AI: the next generation of artificial intelligence will be explainable and collaborative

APINTECH LTD announces its participation in TRUST AI (www.trust.ai), a project budgeted at €4M and funded by the H2020 - Framework Programme for Research...

Hiring in public sector to be postponed

The Public Service Commission announced that procedures to fill positions scheduled to take place in January 2021 have been postponed due to the fact...

DBRS: We are monitoring the situation in Cyprus following rejection of state budget

DBRS Morning Star said it monitors the situation in Cyprus following the rejection of the 2021 state budget, pointing out the potential impact on...

MOST: a model for Sustainable Tourism in Central Asia

APINTECH LTD announces its participation in MOST (www.mostcentral-asia.eu), a Switch Asia, EuropeAid co-funded project, budgeted at 2 ME. The project has an expected duration of...

No significant change in Cyprus NPLs at the end of August

Cyprus’ non-performing loans (NPLs) recorded a small decrease by €13.5 million, totaling € 6.52 billion at the end of August, according to the latest...

Tourist arrivals take annual nosedive of 94.7% in November

Tourist arrivals in Cyprus dropped by an annual 94.7% in November with arrivals for the period of January – November 2020 registering a reduction...

Inflation remains in negative territory for eight consecutive months

Inflation in Cyprus remained in negative territory for the eighth consecutive month, with the Consumer Price Index in November declining by an annual 1.1%,...

ECJ upholds General Court judgments dismissing the actions for damages in connection to Cyprus bank restructuring

The European Court of Justice decided today to uphold the judgments of the General Court of the EU in so far as it dismissed...

Job vacancies down by 8.1% in 3rd quarter of 2020

he number of job vacancies in the 3rd quarter of 2020 reached 6,554, down by 576 or 8.1%, compared to the same quarter of...

Government employment up by 300 persons in November

Total government employment increased by 300 persons or by 0.6% in November 2020, in comparison to the corresponding month of 2019, reaching 52,804 persons. The...

Registration of motor vehicles down 17.1% in eleven months of 2020

Total registrations of motor vehicles decreased by 17.1% to 36,079 in January-November 2020, from 43,530 in January-November 2019, according to Statistical Service’s report "Registration...

Hoteliers welcome new action plan for resumption of flights at Cyprus airports

Hoteliers in tourism-flooded Famagusta area have welcomed new measures aiming towards the gradual resumption of flights and normal operation of airports in Cyprus. “The tourism...

EBRD continues to be shareholder to the Bank of Cyprus

European Bank for Reconstruction and Development (EBRD) remains shareholder to the Bank of Cyprus after the end of its mandate to Cyprus, the EBRD...

Cyprus Shipping Chamber joins forces with global business network MACN

The Cyprus Shipping Chamber and the Maritime Anti-Corruption Network (MACN), signed recently a Memorandum of Cooperation (MoC),  with the aim to collaborate on the...

Investments for development of Larnaka port and marina to exceed 1 billion euro

President of Cyprus Nicos Anastasiades said on Friday that the investments for the development of the port and marina of Larnaka will exceed one...

Top Stories

Three covid deaths in Cyprus, new cases drop further to 157 but fewer tests

  Cyprus recorded three covid deaths over the past 24 hours, raising the number to 170,  113 men and 57 women, with an average age...

Thousands protest in Amsterdam against Dutch coronavirus lockdown

  Several thousand today people held an unauthorised protest in Amsterdam against a national lockdown to slow the spread of the coronavirus pandemic, before being...

Search and rescue crews looking for woman off Larnaca

  The Search and Rescue Coordination Centre in Larnaca received a call around four in the afternoon about a 70 year old woman missing off...

Rapid Test locations on Monday Jan 18

Here are the rapid test locations for Monday January 18 Limassol Apostolos Loukas church, Ayios Athanasios (Ayios Athanasios refugee settlement) 8.30-4.30 Ayios Stylianos church, Linopetra 8.30-4.30 Mesa Yeitonia Cultural Centre...

German FM says COVID curbs should be eased for vaccinated people

  People who have been vaccinated against COVID-19 should be allowed to go to restaurants and cinemas earlier than others, a German minister said, contradicting...

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...