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Closer Ties with US Are Beneficial to Tourism, Deputy Minister Says

Nicosia: Strengthening cooperation between the United States and the Republic of Cyprus is very beneficial for Cyprus tourism, Deputy Minister of Tourism, Kostas Koumis, said on Friday. According to Cyprus News Agency, the Deputy Minister was speaking during a presentation of the ‘Funding Scheme for Upgrading Hotels and Tourist Accommodations

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Kombos-Brunner Discuss Security and Migration, Regional Developments

Nicosia: Security and migration issues, regional developments and the constructive role of Cyprus in the region were discussed on Friday between Minister of Foreign Affairs, Constantinos Kombos, and European Commissioner for Home Affairs and Migration, Magnus Brunner, who is in Nicosia for contacts. According to Cyprus News Agency, Kombos, in

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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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Weak High Pressure Brings Calm Seas Around Cyprus

NICOSIA: The Cyprus Department of Meteorology has issued a forecast for the sea area surrounding Cyprus, anticipating mainly fine weather conditions over the next 24 hours. The forecast period extends from 1800 on January 17, 2025, to 1800 on January 18, 2025, covering an area 8 kilometers seawards. According to

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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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