Nicosia: Household financial assets in Cyprus amounted to £61.9 billion at the end of March 2025, while household debt stood at 58% of Gross Domestic Product (GDP). According to Cyprus News Agency, the debt of non-financial corporations reached 120% of GDP. The data is included in the Central Bank of
Nicosia: The European Investment Bank is prepared to assist Cyprus with targeted financing and technical support following the severe wildfires in the Limassol district, stated EIB Vice President Kyriacos Kakouris at the Ministry of Finance. This announcement coincided with the signing of a £100 million loan agreement aimed at enhancing
Nicosia: The Government of the Republic of Cyprus denounced the “arrest” and “detention” of five Greek Cypriots by the illegal regime in the Turkish-occupied areas of the island as a premeditated and provocative act. The Greek Cypriots were arrested two weeks ago near occupied Trikomo on suspicion of espionage. Two
Nicosia: The successful hosting of the Handover Meeting of the Presidency and the Meeting of the Board of Governors of the European Schools 2024-2025, in Nicosia, brought international recognition and consolidated the role of Cyprus as an important partner, Minister of Education, Sport and Youth, Athena Michaelidou, said on Thursday.
Nicosia: Cyprus and France plan to elevate their bilateral relationship by signing an enhanced strategic partnership during French President Emmanuel Macron’s upcoming visit to Cyprus. This announcement was made by the Cypriot Minister of Foreign Affairs, Constantinos Kombos, following discussions with his French counterpart, Jean-No«l Barrot. According to Cyprus News
Nicosia: Cyprus sailor and Olympic medalist Pavlos Kontides has achieved the No. 1 spot in the World Ranking for Laser type boats (ILCA7), marking the first time in 28 months and the fifth time in his illustrious career. According to Cyprus News Agency, the last time the Cypriot sailor held
