Cyprus Mail

Kıbrıs 16.06.2026 08:33

Cyprus positions itself as a strategic bridge between three continents

Cyprus’ role as a bridge between Europe, the Middle East and Africa came into focus on Monday, as officials, business leaders and investment experts gathered in Nicosia for the EuroMED Days conference.  The event, held at a hotel in the capital on the occasion of the Cyprus Presidency of the Council of the European Union, focused on strengthening economic cooperation, investment and technological interconnection across the […]

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Kıbrıs 16.06.2026 08:30

Cyprus savers still earn less than eurozone peers

The Central Bank of Cyprus (CBC) this week published new figures showing that significant differences remain between interest rates offered by Cypriot banks and those prevailing across the eurozone, although the gap has narrowed in several categories. Indeed, the latest CBC report showed that both deposit rates and lending rates in Cyprus continue to diverge […]

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Kıbrıs 16.06.2026 08:17

Raouna: Opening of EU negotiations belongs to the people of Moldova

European Affairs Deputy Minister Marilena Raouna on Tuesday said that the opening of negotiations for Moldova to accede to the European Union “belongs, above all, to the people of Moldova”. “Their European aspirations, resilience in difficult times, and belief in a democratic and prosperous future have been the driving force behind this journey,” she said. […]

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Kıbrıs 16.06.2026 08:04

Group G: Iran fight back twice against New Zealand while own goal saves Belgian blushes against Egypt

Iran and New Zealand share four-goal thriller amid political tensions Iran twice came from behind to earn a dramatic 2-2 draw with New Zealand in a gripping Group G encounter at Los Angeles Stadium on Monday, with the match unfolding against the backdrop of protests against Tehran’s government and tentative diplomatic moves to end the […]

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Kıbrıs 16.06.2026 08:00

Cyprus graduate employment matches European average

Young graduates in Cyprus achieved an employment rate of 82.3 per cent in 2025, closely mirroring the European Union average, according to a report from Eurostat. The overall employment rate for recent graduates across the European Union aged 20 to 34 reached 83.0 per cent in 2025, marking an increase from the 82.3 per cent […]

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Kıbrıs 16.06.2026 07:54

Guterres, Erdogan discuss Cyprus

United Nations Secretary-General Antonio Guterres and Turkish President Recep Tayyip Erdogan held a telephone call late on Monday night to discuss the Cyprus problem, among other geopolitical developments. According to the Turkish presidential communications directorate, Erdogan and Guterres discussed “the latest developments on the island of Cyprus”, with the call coming hours after UN envoy […]

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Kıbrıs 16.06.2026 07:47

US Air Force B-52 bomber crashes in flames in California, killing all 8 crew aboard

A U.S. Air Force B-52 Stratofortress bomber crashed on takeoff on Monday at Edwards Air Force Base in Southern California’s Mojave Desert, bursting into flames and killing all eight crew members aboard, Air Force officials said. The eight-engine, jet-powered aircraft, built to carry a wide array of nuclear and conventional bombs, was on a routine […]

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Kıbrıs 16.06.2026 07:42

Today’s weather: Temperatures continue to rise

Tuesday’s weather will be mostly clear across most of the island, though clouds are expected to gather during the afternoon in the mountains. Temperatures are expected to rise to 35 degrees Celsius inland, 29 degrees Celsius on the west coast, 31 degrees Celsius on the rest of the coasts, and 26 degrees Celsius in the […]

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Kıbrıs 16.06.2026 07:40

Cyprus sees minor rise in industrial output

Industrial output in Cyprus saw a marginal rise of 0.1 per cent in April 2026, mirroring the modest growth observed across the wider euro area and the European Union. According to first estimates released by Eurostat, the statistical office of the European Union, this uptick represents a stabilisation of industrial activity on the island following […]

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Kıbrıs 16.06.2026 07:30

Cyprus Business Now: startups, tech, IMF, fintech, Hormuz, competitiveness, jobs

The Cyprus Economy and Competitiveness Council on Monday presented the Cyprus Competitiveness Report 2025, highlighting the need to attract more productive investments that create genuine economic activity, new jobs and knowledge transfer as one of the country’s foremost economic priorities. Presenting the report’s findings in Nicosia, University of Cyprus economics professor Sofronis Clerides, who led the […]

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Kıbrıs 16.06.2026 07:00

Morgan Stanley bullish on Greek banks despite years of gains

Morgan Stanley has initiated coverage of Greece’s banking sector with a positive stance, arguing that the investment case for Greek lenders remains compelling despite the strong rally recorded in recent years. The American investment bank maintained overweight recommendations for Alpha Bank, Eurobank and Piraeus Bank, while adopting a neutral stance on the National Bank of […]

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Kıbrıs 16.06.2026 06:30

Independent experts deem CTC offer for Ermes fair and reasonable

An independent evaluation report has concluded that the €0.014 per share offer made by the Cyprus Trading Corporation (CTC) for the acquisition of Ermes Department Stores is fair and reasonable under the current circumstances. The assessment, prepared by Grant Thornton and published on June 12, 2026, examines the mandatory takeover bid for the remaining shares […]

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Kıbrıs 16.06.2026 06:00

Wholesale trade rises in Cyprus as motor vehicle turnover falls

Wholesale trade turnover in Cyprus rose sharply in the first quarter of 2026, while activity in the sales and repair of motor vehicles sector declined compared with the same period a year earlier. According to the Cyprus statistical service (Cystat), the turnover value index of wholesale trade, excluding motor vehicles, recorded an annual increase of 11.2 per cent in […]

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Kıbrıs 16.06.2026 04:24

Public transport must earn trust, says Vafeades

From traffic congestion and road safety to electric vehicles and Cyprus’ ambitions as a regional transport hub, the challenges facing the transport sector are wide-ranging. In an interview with the Cyprus Mail, Transport Minister Alexis Vafeades said the government’s priority is to make everyday travel easier while investing in infrastructure that supports long-term growth and […]

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Kıbrıs 16.06.2026 04:20

Our View: Government right to clarify defence arrangements

AFTER Cyprus and France signed the Status of Forces Agreement (SOFA) at the start of the previous week, some media reports claimed that this would lead to the permanent presence of French troops on the island. This gave rise to reports claiming that the Greek F-16 jets stationed in Cyprus, since the drone attack on […]

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Kıbrıs 16.06.2026 04:00

Group H: Araujo equaliser saves Uruguay’s blushes in draw with Saudis

Maxi Araujo scored a late equaliser to salvage a 1-1 draw for Uruguay in their World Cup opener against Saudi Arabia on Monday, preventing another stunning upset in Group H after Spain’s earlier goalless draw with Cape Verde. The Saudis famously beat Argentina 2-1 in their 2022 tournament opener and looked on course for another […]

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Kıbrıs 15.06.2026 22:49

Trump says Iran deal is ‘all signed’, details remain unclear

US President Donald Trump said on Monday that a preliminary agreement to end the war in the Gulf has already been signed by the United States and Iran, although key details have not yet been made public. “The deal’s all signed,” Trump said after arriving in France for a G7 summit, adding that Vice President […]

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Kıbrıs 15.06.2026 22:31

Two Cypriot MEPs to abstain from European Parliament vote on Turkey report

Cypriot MEPs Loukas Fourlas and Giorgos Georgiou are set to abstain from Wednesday’s plenary vote on a European Parliament report concerning Turkey, despite both describing elements of the text as positive for Cyprus. Speaking to journalists in Strasbourg on Monday, Fourlas said the report reflected a compromise position within the European Parliament.  “It is not […]

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Kıbrıs 15.06.2026 22:14

Ukrainian man found guilty of setting UK PM Starmer’s property on fire

A Ukrainian man was found guilty on Monday of carrying out arson attacks on properties linked to British Prime Minister Keir Starmer in May last year on behalf of a mystery figure known only as “EL Money”. Over a five-day period in May, emergency services responded to fires at a house in north London linked […]

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Kıbrıs 15.06.2026 22:09

Cyprus backs EU sanctions on violent West Bank settlers

Cyprus supports the promotion of restrictive measures against violent settlers and extremist elements in the West Bank, Foreign Minister Constantinos Kombos said on Monday after meetings of the EU Foreign Affairs Council and the EU-Egypt Association Council in Luxembourg. Addressing developments in the Middle East, Kombos said Cyprus had been clear in backing action against […]

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Kıbrıs 15.06.2026 22:00

Historic Ukrainian monastery damaged, 10 people killed in Russian attacks

A 1,000-year-old monastery regarded as one of Ukraine’s most important spiritual and cultural landmarks was badly damaged on Monday during a large-scale Russian attack that killed 10 people across the country, hours after Donald Trump held separate talks with the leaders of Russia and Ukraine about ending the war. Ukrainian President Volodymyr Zelenskiy said on […]

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Kıbrıs 15.06.2026 21:41

Man wanted since 2023 over drug trafficking case arrested

A 51-year-old man wanted since 2023 in connection with a drug trafficking investigation was arrested on Monday. According to police, the suspect was sought in relation to an ongoing case involving the importation and possession of drugs with intent to supply, as well as alleged participation in a criminal syndicate. His details and photograph were […]

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Kıbrıs 15.06.2026 21:18

Omonia’s Semedo features as Cape Verde hold Spain to draw

Omonia winger Willy Semedo played his part as Cape Verde held European champions Spain to a goalless draw in their first ever game at a World Cup finals at the Atlanta Stadium in Georgia. Semedo played the last half an hour of a remarkable defensive display, which saw the side ranked 117th in the world […]

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Kıbrıs 15.06.2026 21:12

Civil defence outlines reasons certain users did not receive CY-Alert test

Civil defence has explained why certain mobile phone users did not receive Monday’s nationwide CY-Alert test notification, after thousands of devices received a simulated missing person alert as part of the emergency warning system’s latest exercise. The test message was sent at around 3.10pm and concerned a fictional kidnapping and missing person scenario. While the […]

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