General

Brussels: Cyprus President, Nikos Christodoulides, announced on Thursday that Cyprus has proposed a significant initiative for the European Union to consider suspending or potentially cancelling certain taxations, particularly those linked to the green transition, to avoid negatively impacting EU competitiveness. The President made these remarks during a European Council meeting

Brussels: The European People’s Party expressed its support for efforts to resolve the Cyprus issue in a statement issued on Thursday following its summit attended by the President of the Republic, Nikos Christodoulides, before the European Council meeting in Brussels. According to Cyprus News Agency, President Christodoulides suggested during a

Nicosia: The European Commission has awarded 15 grants totaling over 2 million euros to civil society organisations in Cyprus. This initiative is part of the ninth Cypriot Civil Society in Action grant scheme, which was launched in 2024 to support the enhancement of trust, dialogue, and cooperation among civil society

Nicosia: The Central Bank of Cyprus (CBC) maintains the countercyclical capital buffer rate at 1.5%. According to Cyprus News Agency, a statement was issued on Thursday stating that, in line with the Macroprudential Oversight of Institutions Laws of 2015 to 2022, CBC found it suitable to keep the countercyclical buffer

Nicosia: The Cyprus Department of Meteorology has issued its forecast for the sea area of Cyprus, predicting mainly fine weather conditions for the period from noon on June 26, 2025, to noon on June 27, 2025. A seasonal low-pressure system combined with a warm air mass is currently influencing the

Nicosia: A Memorandum of Understanding aimed at strengthening collaboration in the fields of space entrepreneurship, business innovation, and vocational training was signed by the “Eratosthenes” Centre of Excellence of the Cyprus University of Technology and Skytrek Ltd. According to Cyprus News Agency, the agreement “sets the groundwork for the joint