A ceremonial meeting took place at the presidential palace in Nicosia on Wednesday, as Cyprus welcomed the Greek President Konstantinos Tasoulas, marking his first official trip abroad since assuming office. President Nikos Christodoulides received …
Renowned as a nectar of the Gods, Commandaria claims the status of the oldest wine still in production, according to Guinness World Records. Furthermore, this sweet dessert wine, first perfected by the Knights of St John in 1192, is only made in 14 select …
Cyprus has received two reasoned opinions, the last stage before being referred to the Court of Justice of the EU, over the transposition of a directive on the application of ETS rules to the aviation sector, as well as for not transposing to its national …
ECONOMY CYPRIOT ECONOMY Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable. BoC now holds the highest deposit rating among Greek and Cypriot banks. The US credit rating agency …
UK-based accountancy firm MHA has announced a significant expansion into Europe with the acquisition of Baker Tilly’s business in Cyprus and Greece for €24m ($27.2m), the Financial Times reported. The acquisition of Baker Tilly South East Europe comes …
Cyprus is facing ongoing labor shortages across critical sectors, with acute gaps in professional drivers and nursing staff threatening service quality for both residents and tourists. According to Kathimerini's Dorita Yiannakou, the transport industry …
This year’s Green Agenda Cyprus Summit will shine a spotlight on how Cyprus can step up its role in environmental protection and sustainable development. The conference’s main goal is to support the country’s national strategy for a Green Transition and to …
The European Union consistently defends the rights of Cyprus and Cypriot citizens, Nacho Sanchez Amor, member of the European parliament and its rapporteur regarding the European Commission’s 2023 and 2024 reports on Turkey, said on Wednesday. Speaking at …
Trade tensions and instability pose economic risks The Cyprus Economy and Competitiveness Council on Wednesday underscored the urgent need for strict fiscal discipline and targeted strategic investments. It also warned that escalating trade tariffs and …
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