Nicosia: The final meeting of the European project RISE (Research Centre on Interactive Media, Smart Systems and Emerging Technologies), coordinated by the Municipality of Nicosia, took place on April 24, 2025, at CYENS Centre of Excellence, in the heart of the walled city. The Municipality of Nicosia says in a
Brussels: The European Commission has unveiled the REPowerEU Roadmap, a strategic plan aimed at ending the European Union’s reliance on Russian energy sources. This initiative marks a significant step towards ensuring energy independence and stability across the EU by halting the import of Russian gas, oil, and nuclear energy. According
Nicosia: The University of Cyprus (UCY) contributed £1.186 billion to the country’s total economic output in 2024, £574 million to GDP, and supported 12,381 jobs directly or indirectly linked to its operations, according to two studies presented on Tuesday. The studies, titled ‘Economic and Social Impact of the University of
Nicosia: President of the Republic Nikos Christodoulides stated that despite current challenges, there is a strategic plan to create the conditions necessary for the resumption of Cyprus peace talks. According to Cyprus News Agency, President Christodoulides made these remarks while addressing journalists at the Pancyprian Public Servants’ Trade Union Annual
Nicosia: A marginal decline in Non-Performing Loans (NPLs) was recorded in the latest data published by the Central Bank of Cyprus (CBC) on Tuesday, with reference date 28 February 2025. Specifically, the NPL ratio decreased slightly to 6.2%, from 6.3% in January 2025, mainly due to loan repayments, transfers to
Nicosia: Cyprus had the second highest prices for household electricity during the second half of 2024, in relation to the purchasing power of consumers, according to data on electricity prices released by Eurostat, the statistical service of the EU. According to Cyprus News Agency, expressed in purchasing power standard (PPS),
