Cyprus facing power strain as unseasonal heatwave drives demand

Current electricity demand is reaching levels typically seen in July, the Cyprus Transmission System Operator Spokesperson said

07:55 - 07 June 2024

Inflation in May records a six-month high at 2.7%

Compared to May 2023, the largest change was monitored in the categories of Restaurants and Hotels and Transport

07:47 - 07 June 2024

EU Commissioner: There is a clear commitment to dedicating €1.6b to the maritime sector by 2030

Outgoing European Commissioner for Transport Adina Vălean talks sustainability in the maritime sector in a GOLD interview

07:07 - 07 June 2024

ECB reduces interest rates for the first time since 2019

The European Central Bank has cut interest rates by 25 basis points, as was widely expected by analysts

16:24 - 06 June 2024

Cyprus accelerating green transition amid energy sector challenges, Minister says

Energy Minister Papanastasiou notes that Europe’s energy and climate targets were becoming increasingly ambitious

11:16 - 06 June 2024

Nine hundred tourists who booked with FTI are in Cyprus, Minister says

The FTI bankruptcy is expected to cause small losses to Cyprus as a whole but more significantly to the hotel …

07:50 - 05 June 2024

Thomas A Kazakos Cyprus Shipping Chamber

Thomas A. Kazakos: The sector needs to upskill and reskill Cyprus shipping staff

The DG of the Cyprus Shipping Chamber suggests how the island can remain attractive to the international sector

07:03 - 05 June 2024

Cyprus and Egypt sign MoU for the employment of Egyptians in Cyprus

The aim of the MoU is to facilitate and regulate the entry and residence of Egyptian workers

15:07 - 04 June 2024

Eurobank officially becomes main shareholder in Hellenic

The approvals, the 55.3% stake and the takeover bid to shareholders

10:06 - 04 June 2024

Makis Keravnos draws the line on uncontrolled spending - "Don't exceed the ceilings, or else..."

If proposals are submitted that exceed the ceilings that have been set, the Minister may return the budget proposal or …

08:11 - 04 June 2024

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Deputy Ministry of Tourism hosts Cypriot enogastronomy promotion event in Tochni

Renowned German journalist and enogastronomy expert Sven Rahn was the special guest at the event

07:49 - 04 June 2024

There is still way to go before a bicommunal photovoltaic power plant, sources say

Mario Nava, the Director-General of the European Commission's DG REFORM, had suggested it would be a good idea

07:42 - 04 June 2024

Katie Kapodistria: Why Europe needs to do better when it comes to automotive industry sustainability

The expert considers the impact of the Green Deal, ESG measures in general and on the automotive sector in particular

07:12 - 04 June 2024

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Economy

Cyprus facing power strain as unseasonal heatwave drives demand

Inflation in May records a six-month high at 2.7%

EU Commissioner: There is a clear commitment to dedicating €1.6b to the maritime sector by 2030

ECB reduces interest rates for the first time since 2019

Cyprus accelerating green transition amid energy sector challenges, Minister says

Energy use in EU households down in 2022, while continuing to rise in Cyprus

Cyprus' registered unemployment down 21.2% in May, reaching historic lows

Industrial turnover down 4.4% in March 2024, CySTAT says

Cyprus government commits to safeguard Halloumi as PDO and top export

Number and value of bounced cheques drop in May

EU approves Cyprus request for support in gendered state budget preparation

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