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EY announces the appointment of 2 new partners in Cyprus

EY Cyprus is pleased to announce the addition of two new Partners to its leadership team, Antonis Josephakis and Simos…

ENI-TotalEnergies expected to make final investment decision on Kronos gas field in June

The ENI-TotalEnergies consortium is expected to make its final investment decision (FID) on the Kronos gas field in June, Energy,…

Interest rate hikes to hit variable mortgage holders as businesses lock in fixed rates

Fixed-rate mortgages remain attractive in Cyprus as a buffer against growing uncertainty over potential shifts in monetary policy. Banking executives…

Moody’s reaffirms Cyprus credit rating, Christodoulides says it validates government strategy

President Nikos Christodoulides has welcomed Moody’s reaffirmation of Cyprus’s credit rating, calling it a significant development with clear political and…

Central Bank updates rules on loan collateral release and valuation costs

The Central Bank of Cyprus (CBC) has amended its directives on the release of loan collateral upon repayment and the…

Moody’s reaffirms Cyprus credit rating at A3 with stable outlook

Moody’s reaffirmed Cyprus’s credit rating at A3 with a stable outlook on May 29, reflecting the country’s strong economic resilience…

Diesel falls at Cyprus pumps as crude prices drop, but unleaded rises

Diesel prices at Cyprus petrol stations fell significantly in the second half of May while unleaded petrol rose, as falling…

Cyprus posts €593m surplus in first four months of 2026 but pressures mount

Cyprus recorded a general government surplus of €593.4 million, equivalent to 1.5% of GDP, in the first four months of…

Crypto, cash, villas and luxury cars: MOKAS freezes €91m in two years

Cypriot authorities seized assets worth nearly €91 million over the past two years under court orders linked to criminal cases…

Public Larnaka 2030 conference to examine working conditions in cultural sector

Larnaka 2030, in collaboration with the cultural organisation D6:EU and the European network Culture Action Europe (CAE), is organising the…

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  • New QR-code quality mark launched for Cyprus farm products
  • Cyprus petrol prices increased by 18.6% in June, among EU’s steepest increases
  • 44 degree peak with clear skies
  • Cyprus approves grants up to €900 for solar water systems in homes
  • Islandwide power cuts hit Cyprus: Full list of affected areas by group
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