Diesel prices up by11.3% and petrol prices by 6.2% in Cyprus in August, according to Eurostat
Diesel prices in Cyprus increased by 11.3% and petrol prices by 6.2% in August 2026 compared with July, according to data published by Eurostat on Tuesday. The increase in petrol prices in Cyprus was among the highest in the EU…
Decrease in commercial flights in Cyprus in summer 2026, according to Eurostat
A decrease in the number of commercial flights was recorded in Cyprus during the three summer months of 2026 compared with the corresponding period of the previous year, according to data published by Eurostat on Monday. More specifically, in August…
UN official calls on Cypriots to look beyond past divisions and focus on the future
UN Secretary – General’s Special Representative in Cyprus and Head of the UN peacekeeping force on the island (UNFICYP) Khassim Diagne encouraged all those who call Cyprus home to look beyond the divisions of the past and focus on the…
Cyprus banks NPL ratio at 1.6% at end-June, coverage ratio increases
The Non-Performing Loans (NPL) ratio of the Cypriot banking sector remained unchanged at 1.6% at the end of June 2026, according to aggregate data published on Thursday by the Central Bank of Cyprus, with reference date June 30, 2026. The…
FinMin speaks of balanced and growth-oriented budget for 2027 after Cabinet approval
Minister for Finance, Makis Keravnos, spoke on Wednesday of a balanced and growth-oriented budget for the year 2027, following the approval of the relevant bill by the Council of Ministers, which will be put to a vote in the House…
Labour Minister signs MoU in nuclear protection with IAEA
Minister of Labour and Social Insurance, Marinos Mousiouttas, held a meeting in Vienna with Director General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, and signed a Memorandum of Understanding in the field of nuclear protection on behalf…
Record number of applications for startups programme, RIF says
Α record number of applications were submitted for a programme for creating and developing startups in Cyprus, the Research and Innovation Foundation (RIF) says in a press release. It notes that the submission process for the PRE-SEED/0526 Call under the…
Bomb alert at Larnaca airport ends after checks on Rome-bound Wizz Air flight
A bomb alert involving a Wizz Air flight from Larnaca to Rome ended on Friday after security checks were completed, with passengers expected to begin boarding the aircraft again for departure, CNA has learned. The aircraft, carrying around 190 passengers,…
Reduced excise duty on motor fuels extended until November 30, Finance Minister announces
The Cabinet approved a proposal by the Ministry of Finance to extend the reduced excise duty rates on motor fuels, which were due to expire on September 17, Minister of Finance Makis Keravnos said at the Presidential Palace on Thursday…
FDI rose 10% in 2025, energy costs and bureaucracy remain challenges President says
The value of substantive foreign direct investment (FDI) in Cyprus increased by around 10% in 2025 compared with the previous year, President of the Republic, Nikos Christodoulides, said on Wednesday. At the same time he outlined the government’s ambition to establish…
Cyprus submits “Hold Onto Me” for the Oscar of Best International Feature Film
The film “Hold Onto Me” by Cypriot director Myrsini Aristidou has been chosen as the first official selection of Cyprus for the Oscar for Best International Feature Film by the seven-member National Nomination Committee for the Oscars. The Deputy Ministry…
Cyprus President hopes for 2-3 more meetings with Turkish Cypriot leader before New York trip
Cyprus President, Nikos Christodoulides, said on Monday that he hopes to hold two or three more meetings with Turkish Cypriot leader Tufan Erhürman before travelling to New York later this month for the United Nations General Assembly. The President was…
