Nicosia: Cyprus has emerged as a net recipient of 126 million euros from EU funds for the year 2023, with expectations of further increases by 2027. This revelation was made by Lefteris Christoforou, a member of the European Court of Auditors (ECA), during the presentation of the annual report for
Nicosia: President of the Republic of Cyprus, Nikos Christodoulides, and Greek Prime Minister Kyriakos Mitsotakis are set to inaugurate the second Greece-Cyprus Summit, titled “Advancing Together,” which aims to enhance bilateral economic relations between the two nations. According to Cyprus News Agency, the 2nd Greece-Cyprus Summit is co-organized by Invest
Nicosia: The outlook for the euro area remains highly uncertain, influenced by tighter financing conditions, heightened geopolitical tensions, and emerging risks such as climate and cyber threats, according to Christodoulos Patsalides, Governor of the Central Bank of Cyprus (CBC). Speaking at the Economist 20th Annual Cyprus Summit, Patsalides highlighted Europe’s
Nicosia: The House President Annita Demetriou received Thursday the new Ambassador of Finland, Päivi Peltokoski, with whom she discussed the Cyprus issue, the situation in the Middle East, Ukraine, and the representation of women in decision-making centers as well as bilateral cooperation in view of the Cypriot presidency of the
NICOSIA: The Central Bank of Cyprus has outlined its cautious approach to monetary policy amidst ongoing economic uncertainties. Speaking at an event focused on the future of monetary policy, officials highlighted the European Central Bank’s (ECB) recent decision to advance its policy easing, driven by significant progress in the disinflationary
Naxos: Executive Vice-President for the European Green Deal, Maroš Šefcovic, has signed a significant agreement involving Greece and the European Investment Bank (EIB) to implement a national Decarbonisation Fund for the Greek islands. This landmark agreement, signed in Naxos, aims to transition the Greek islands towards a greener future. According
