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Cyprus Experiences Weak High Pressure with Mainly Fine Weather

Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area of Cyprus, indicating that weak high pressure is currently affecting the region. The weather is expected to remain mainly fine, though there will be instances of locally increased cloud coverage. According to Cyprus News Agency, the

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Harmonised Index of Consumer Prices up by 2.3% in 2024

Nicosia: The Harmonised Index of Consumer Prices (HICP) witnessed an increase of 3.1% from December 2023 to December 2024, with a slight decrease of 0.3% between November 2024 and December 2024, as reported by the Statistical Service in a press release on Friday. The overall HICP for the period January

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EU Commission Intensifies Investigation into Platform X’s Recommender Systems

Brussels: The European Commission has intensified its investigation into Platform X by implementing three additional technical investigatory measures concerning the platform’s recommender system. These measures are part of the formal proceedings initiated on December 18, 2023, under the Digital Services Act (DSA). According to Cyprus News Agency, Executive Vice-President for

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Eurobank Finalizes Sale of Demetra Holdings Stake to Logicom

Nicosia: Eurobank has finalized the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited, resulting in a transaction valued at approximately £27 million. The completion of this transaction, which took place on January 16, 2025, involved the transfer of 17,152,353 shares at a price of £1.55

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Eurobank Finalizes Sale of Demetra Holdings Stake to Logicom

Nicosia: Eurobank has finalized the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited, resulting in a transaction valued at approximately £27 million. The completion of this transaction, which took place on January 16, 2025, involved the transfer of 17,152,353 shares at a price of £1.55

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President Christodoulides to Meet with CDU President Merz in Berlin

Berlin: The President of the Republic, Nikos Christodoulides, will hold a bilateral meeting with the President of the Christian Democratic Union (CDU) and candidate for Chancellor of Germany, Friedrich Merz, on the sidelines of the informal congress of the European People’s Party taking place in Berlin. According to Cyprus News

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