Nicosia: Bank of Cyprus reported post-tax profits of £118 million for the second quarter of 2025, consistent with the previous quarter, bringing first-half net earnings to £235 million, a 13% decrease year-on-year. Despite the decline, the bank achieved a strong return on tangible equity (ROTE) of 18.4%, surpassing its 2025
Brussels: Applications for the European Commission’s Blue Book Traineeship Programme can be submitted by August 29, a Commission press release says. This scheme, established in 1960, allows around 1,000 people from all over the EU and beyond to gain five months of hands-on experience in EU policymaking and administration twice
Geneva: Starting on August 5, the European Commission is participating in negotiations on the Global Plastics Treaty (INC-5.2) in Geneva, Switzerland, with the aim of reaching an effective agreement to address the pressing issue of plastic pollution. According to Cyprus News Agency, UN Environment Programme (UNEP) data from 2021 shows
Nicosia: The Cyprus Investment Funds Association (CIFA) welcomes the latest positive developments in the Investment Funds sector, as reflected in the Q1 2025 Quarterly Statistical Bulletin issued by the Cyprus Securities and Exchange Commission (CySEC). According to Cyprus News Agency, by the end of March 2025, Cyprus had a total
Limassol: A one-off payment has already been issued to 112 eligible residents whose homes were fully or partially damaged in the devastating wildfire that swept through mountainous areas of Limassol, according to the Commissioner for Mountain Communities, Charalambos Christofinas. He added that authorities aim to complete the emergency relief process
Nicosia: President of the Republic, Nikos Christodoulides, announced that he has sought assistance from the U.S. Government to investigate and assess the handling of the recent wildfires in Limassol. He has also made public the reports he commissioned following the fire in the mountainous region at the end of July.
