NICOSIA: The Poland-Denmark-Cyprus trio, set to lead the Council of the European Union, has committed to fortifying the EU’s security, competitiveness, prosperity, and democracy, according to Cyprus’ Deputy Minister for European Affairs, Marilena Raouna. As Poland begins its presidency on January 1, Raouna emphasized the collective determination of the trio
NICOSIA: Retail trade in November 2024 experienced notable growth, with a 7.2% increase in value and a 6.3% rise in volume compared to the same month last year. These figures were released by the Statistical Service, highlighting a robust performance in various retail sectors. According to Cyprus News Agency, cultural
NICOSIA: Consumers and businesses in Cyprus have reported a positive experience with the festive market, noting robust activity and satisfactory sales levels during the holiday shopping period. According to Cyprus News Agency, the President of the Cyprus Consumers Association, Marios Droushiotis, expressed contentment with the market’s performance. Droushiotis noted that
NICOSIA: The recently announced estimates for natural gas reserves at the “Electra” field in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ) are significant, according to energy expert Dr. Charles Ellinas. Speaking to CNA on Thursday, Dr. Ellinas advised patience, as he believes that Exxon Mobil, which holds exploration rights
NICOSIA: Sir Stelios Haji-Ioannou, the founder and president of the Stelios Philanthropic Foundation, has announced an increased prize fund for the Stelios Bi-Communal Business Cooperation Awards. This year, the awards will distribute a total of £410,000 to support 20 entrepreneurs from both the Greek Cypriot and Turkish Cypriot communities. According
NICOSIA: The Cyprus Department of Meteorology has issued a forecast indicating that high pressure is prevailing over the sea area of Cyprus, ensuring mainly fine weather conditions. The forecast, which covers the period from noon on January 2, 2025, to noon on January 3, 2025, suggests favorable conditions for maritime