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Why are so many of us financially illiterate?
Two in three adults worldwide are financially illiterate, according to research on personal finance by financial services company Standard & Poor’s. “When people do not understand serious cost issues and...
News
Paphos clean-up targets ugly billboards
Paphos municipality has launched a war on ugly billboard advertising by ridding the town of all illegal signs and setting new guidelines for future advertisers, according to a local councillor. The ‘face’ of...
News
New regulations to legitimise use of Turkish Cypriot land
Farmers using government or Turkish Cypriot land will have to apply to legitimise its use by signing contracts and paying rent, it emerged on Wednesday. “Anyone cultivating state or Turkish Cypriot land without a ...
News
North finally signs water deal with Turkey
After months of wrangling, the deal between the breakaway Turkish Cypriot state and Turkey for the management of water piped to the north was signed on Wednesday in Ankara. The deal was signed by Turkish Cypriot ‘...
News
Work progressing on Apostolos Andreas Monastery
The first phase of a project to rehabilitate the Apostolos Andreas monastery in the occupied north is nearing its end, MPs heard on Wednesday. Takis Hadjdemetriou, the head of the Greek Cypriot side in the bi-communal t...
News
First Cobalt Air flights in June
Cobalt Air chairman Gregory Diakou says the new Cypriot airliner will begin flights in June and will ‘surprise everyone’ once it unveils its planned routes which include the US, Africa, India and China. Spea...
News
State deal over Cyprus Church salaries
It took 45 years but the State and Church have finally clinched the deal on the maximum number of priests who will have a portion of their salary funded by the government in exchange of land. The issue had remained unre...
News
Around half the drivers haven’t paid road tax, 10 days before the deadline
Some 380,000 motorists out of around 720,000 have paid their road tax ahead of the March 10 deadline, the road transport department said on Tuesday. After that date, drivers will be charged a late fee of €10 and an...
News
State deal over Cyprus Church salaries
It took 45 years but the State and Church have finally clinched the deal on the maximum number of priests who will have a portion of their salary funded by the government in exchange of land. The issue had remained unre...
News
MP facing seven speeding charges in court
Controversial MP Andreas Themistocleous has been informed by state prosecutors that he will need to answer seven charges relating to a string of traffic violations including speeding and disobeying lawfully given orders ...
News
Unemployment falls to 15.3% in January, remains fourth highest in EU
The unemployment rate in Cyprus fell to 15.3 per cent in January 2016, down from 15.7 per cent in December last year. However, this figure means the island has among the highest rates of unemployment in the EU, lower on...
News
Environmentalists against new golf course stage protest
Wearing masks of the president and government officials, environmentalists staged a demonstration outside the agriculture ministry on Tuesday protesting against the construction of a golf course in Limni, near the Akamas...
News
Prices of essential goods unjustifiably high
Prices of essential goods in Cyprus remain unjustifiably high MPs said on Tuesday, calling for the creation of a mobile application tracking the prices of goods in real time. Lawmakers were reviewing a study prepared by...
News
Cobalt runs training day for pilots
In preparation for its launch, Cyprus-based airline Cobalt organised a training day for its first 20 Cypriot pilots on Tuesday. The pilots mainly previously worked for now-defunct Cyprus Airways and were forced to seek ...
News
Casino regulations head to House plenum
Regulations covering the creation of the first integrated casino resort in Cyprus will be voted on by the House plenum on March 10. Once the regulations are approved the government will announce the three shortlisted ca...
News
Paphos could get first private cemetery
The Paphos village of Acheleia could play host to the first private cemetery on the island, according to media reports. The Paphos Municipality, which has for some years now been planning and working towards the creatio...
News
US-Cyprus SAR drill completed
A joint search and rescue drill involving Cyprus and the United States was completed on Monday in the waters south off the island, according to Deputy Government Spokesperson Victoras Papadopoulos.The drill has seen the ...
News
New green plan for golf courses
A new push for a golf course at Limni is underway following the European Commission’s request for additional studies based on environmental concerns. The Department of Environment is set to review on Tuesday a new...
News
Larnaca begins mosquito spraying
Larnaca municipality announced on Monday it would start to use aerial anti mosquito spraying in the city, particularly in the Salt Lake area which is a breeding ground for the insects. The municipality is also calling o...
News
Upgraded medical centre in Kyperounda will help revive Troodos
The creation of a modern pulmonary clinic in Kyperounda will help revive the Troodos area, the community’s leader Georgios Panayiotou said on Monday. He was responding to last week’s announcement that a &eur...
News
Funds for old city shops to prettify streets
The municipality is shortly going to involve shop owners in the process of upgrading Ledra and Onasagorou streets in Nicosia’s old city, municipality spokesman Makis Nicolaides said on Monday. “We will prese...
News
New threat after seven endangered vultures found dead
Seven Griffon Vultures (Gyps fulvus) have been found dead and although authorities and conservationists suspect poisoning, they have been unable to confirm the exact cause of death to date. Three of the dead birds were ...
News
Flamingo photo contest raises need to protect birds
The flamingo photo competition has been a success and may well be repeated in future, while there is a need to ensure the migratory birds are not disturbed, Chairman of the Larnaca tourism board Dinos Lefkaritis said on ...
News
Six weeks to the first triathlon of 2016
The Cyprus Triathlon season gets underway in six weeks and the first race is the Ayia Napa Triathlon on Sunday April 3, organised by Nireas Triathlon and powered by Hellenic Bank. Triathlon, one...
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