Kyriacos Nicolaou

Sek general secreatary Andreas Matsas on Monday issued a strong defence of the Cost of Living Allowance (CoLA), warning against what he called “a dangerous effort to demonise and dismantle” ...

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said hotel occupancy in July ranges between 80 and 85 per cent, stating that the flow of reservations is normal for this ...

The construction materials price index reached 119.03 units in June, based on 2021 as the reference year, according to official data released on Friday. The Cyprus Statistical Service (Cystat) reported that this ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou participated in the Informal Competitiveness Council of the European Union on Research, which took place in Copenhagen, Denmark, between July 16–17, 2025. ...

The need for a rational regulatory framework for short-term rentals was the central focus of a recent meeting between the Cyprus Property Developers Association and Kyriacos Hadjiyiannis, chairperson of the ...

The Cyprus Securities and Exchange Commission (CySEC) has confirmed that the Administrative Court has annulled its decision to impose major fines on Ioannis and Amalia Vardinoyiannis, following a long-running legal ...

The European Central Bank (ECB) this week launched a public contest for the design of future euro banknotes, marking the next step in the euro banknote redesign process. According to ...

The Paphos regional tourism board (Etap) on Thursday announced a change in leadership, with Michalis Mitas appointed as its new president. Mitas takes over following the conclusion of previous president ...

The National Bank of Greece (Cyprus) on Thursday announced that it has introduced a new fixed-term deposit that combines stable returns with simple and transparent terms. “In a time of ...

Cyprus’ Harmonised Index of Consumer Prices (HICP) rose by 0.5 per cent year-on-year in June 2025, according to figures published by the statistical service on Thursday. When compared with the previous month, ...

Tourism in Cyprus continued to strengthen in June 2025, with tourist arrivals rising 3.4 per cent year-on-year to reach 498,527, compared to 482,261 in June 2024, according to the state statistical service. For the first ...

The cost of transitioning to a net-zero emissions economy in Cyprus depends heavily on the chosen policy mix, particularly regarding how carbon tax revenues are used, according to research conducted ...

Logicom Public Ltd has confirmed that the company has posted its approved dividend to shareholders. In an official filing to the regulated market, Logicom stated, “we would like to announce ...

Perhaps it was the music that drew us in. Two local artists performing Cypriot and Greek folk songs for patrons enjoying a meal outside. Whatever the reason, our impromptu visit ...

Heightened geopolitical instability and mounting global debt levels represent key risks to Cyprus’ financial stability, according to the Central Bank of Cyprus (CBC). The CBC published its 2024 Financial Stability Report (...

The Cypriot banking sector experienced a decline in profitability, an increase in total assets, and a further strengthening of capital adequacy, according to a report from the Central Bank of ...

SSH Solar Finance Plc on Wednesday announced that it will pay interest to bondholders for the period from January 31, 2025 to July 31, 2025, relating to its listed green bonds. The annual interest ...

The European Union has imposed new sanctions on nine individuals and six entities for their involvement in destabilising actions linked to Russia, including campaigns of foreign information manipulation and interference. ...

Cyprus’ industrial production showed no change in May 2025, compared with the same month a year earlier, according to Eurostat, the statistical office of the European Union. This followed sustained growth ...

Demetra Holdings Plc on Wednesday published its investment portfolio report for the second quarter of 2025, revealing a total asset value of €528.64 million as of June 30, 2025. According to the report, cash ...

The Wellington Management Group has reduced its stake in Bank of Cyprus Holdings Public Limited Company, falling just under the 4 per cent threshold, according to a filing submitted to the ...

Road freight transport across the European Union remained steady in 2024, reaching a total annual volume of 1 869 billion tonne-kilometres. This marked a slight increase from 1 857 billion in 2023, amounting to a marginal ...

The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning ...

The construction sector in Cyprus recorded robust growth in 2023, with value added rising by 9.4 per cent compared to 2022, according to the results of a survey released on Tuesday by the ...