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Cyprus Business Now: BoC, deposit rates, foreclosures, fuel subsidy, housing
Kıbrıs 07.04.2026 07:30

Cyprus Business Now: BoC, deposit rates, foreclosures, fuel subsidy, housing

The Central Bank of Cyprus (CBC) on Monday released its latest interest rate statistics for February 2026, showing declines in both deposit and lending rates alongside an increase in new loan activity. It also reported that deposit rates in Cyprus remain among the lowest in the eurozone, primarily due to significant excess liquidity in the […]

36 0 Cyprus Mail
ECB to limit policy response if energy price spikes prove temporary
Kıbrıs 07.04.2026 06:50

ECB to limit policy response if energy price spikes prove temporary

European Central Bank policymaker Yannis Stournaras ​said on Monday that ‌the appropriate eurozone monetary policy will depend on the size and ​nature of energy supply ​disruption from the Iran conflict. If ⁠the energy price spike proves ​to be temporary, the ​need for a monetary policy adjustment will be limited, ECB Governing Council ​member Stournaras, who […]

30 0 Cyprus Mail
Keve announces trade event to help businesses navigate global markets
Kıbrıs 07.04.2026 06:30

Keve announces trade event to help businesses navigate global markets

The Cyprus Chamber of Commerce and Industry (Keve) has announced that it will host the Cyprus Market Access Day 2026 in Limassol later this month, in order to support businesses expanding into international markets. The event is scheduled to take place on April 16, 2026, at the premises of the Limassol Chamber of Commerce and […]

37 0 Cyprus Mail
Kinisis Ventures backs EQQU in booming wearable market
Kıbrıs 07.04.2026 06:10

Kinisis Ventures backs EQQU in booming wearable market

Venture capital firm Kinisis Ventures this week pointed to strong market momentum in the screen-less wearable technology sector, as major players raised billions while its portfolio company EQQU advances towards launch. The development follows significant funding activity, with WHOOP raising $575 million at a valuation of $10.1 billion, backed by Abbott, Mayo Clinic and sovereign […]

31 0 Cyprus Mail
Outdoor tourism popularity climbs across Europe
Kıbrıs 07.04.2026 06:00

Outdoor tourism popularity climbs across Europe

Eurostat reported on April 6, 2026, that nights spent at camping grounds, recreational vehicle parks, and trailer parks across the European Union reached 413 million in 2025. While camping and caravanning accounted for 13.4 per cent of all tourist accommodation nights, their popularity has climbed by 28.5 per cent since 2015, outperforming the 23.4 per […]

30 0 Cyprus Mail
Who exactly are Cyprus’ Rosicrucians?
Kıbrıs 07.04.2026 04:25

Who exactly are Cyprus’ Rosicrucians?

The brotherhood of the Rosicrucians – which operates chapters in Cyprus – is a little understood group whose activities and purpose are not clearly defined, an expert said on Monday. Theologian Theodoros Kyriakou was speaking to Politis newspaper about the enigmatic group, which came up in the news cycle after allegations by journalist Makarios Drousiotis. Drousiotis claimed the existence […]

30 0 Cyprus Mail
Our View: The arbitrary appointment of teachers has to end
Kıbrıs 07.04.2026 04:20

Our View: The arbitrary appointment of teachers has to end

For several decades, anyone with a university degree was eligible to become a public school teacher, regardless of their abilities. All that was required was a bachelors degree from a university recognised by the education ministry to be eligible to become a teacher in a public secondary school. Of course, he or she may have […]

46 0 Cyprus Mail
Israeli airstrike kills at least ten near Gaza school as ceasefire strains
Kıbrıs 06.04.2026 22:22

Israeli airstrike kills at least ten near Gaza school as ceasefire strains

An Israeli airstrike killed at least ten people and wounded several others outside a school housing displaced Palestinians on Monday, health officials said, in the latest violence overshadowing the fragile US-backed Gaza ceasefire deal. Before the strikes, some Palestinians had clashed with members of an Israeli-backed militia, who they said attacked the school in an […]

29 0 Cyprus Mail
Trump says Iranians should rise up against government if ceasefire declared
Kıbrıs 06.04.2026 22:03

Trump says Iranians should rise up against government if ceasefire declared

US President Donald Trump on Monday told reporters that he thought the Iranian people should rise up against the government in the country if a ceasefire were declared, but understood that it was too dangerous for them to do so. “Well, they should do it but, again, the consequences are great,” Trump said during a […]

29 0 Cyprus Mail
Ekysy: Thousands of pensioners under poverty line excluded from Easter allowance
Kıbrıs 06.04.2026 21:59

Ekysy: Thousands of pensioners under poverty line excluded from Easter allowance

Pensioners’ union Ekysy said the government’s decision to pay a €250 Easter allowance to low-income pensioners was a “conscious exclusion” of ten times more elderly people than those set to receive it. Ekysy said that just 10,000 low-income pensioners were to benefit from the allowance, while over 100,000 low-income pensioners were in actual fact living […]

29 0 Cyprus Mail
Psychologists dismiss proposal to join Gesy
Kıbrıs 06.04.2026 21:44

Psychologists dismiss proposal to join Gesy

The Cyprus Psychologists Association has rejected a health insurance organisation (HIO) proposal to include counselling in Gesy. In a press release on Monday, the association said 89 per cent of delegates had rejected the proposal at the general assembly and authorised the board to continue consultations for a mutually acceptable integration framework. As the reason […]

29 0 Cyprus Mail
House passes criteria for teacher evaluations
Kıbrıs 06.04.2026 21:33

House passes criteria for teacher evaluations

Parliament on Monday passed amendments to the teacher evaluation regulations, to include assessment criteria, a move welcomed by Education Minister Athena Michaelides. The minister said in a post on X that Monday’s approval of the criteria was “another step forward in the implementation of the education system reforms”. During the plenum, 26 MPs voted in […]

29 0 Cyprus Mail
Appeals court upholds neurosurgeon’s conviction for selling free consumables
Kıbrıs 06.04.2026 21:12

Appeals court upholds neurosurgeon’s conviction for selling free consumables

Appeals filed by a neurosurgeon and his wife against their conviction for selling medical consumables to a patient that are provided free have been thrown out by the appeals court. The appeals court in its decision, taken on March 31 and made public on Monday, upheld their convictions, dismissing all allegations that their right to […]

29 0 Cyprus Mail
Man remanded for Famagusta explosion
Kıbrıs 06.04.2026 20:49

Man remanded for Famagusta explosion

A 41-year-old man was remanded on Monday in connection with the attempted destruction of property with explosives in the Famagusta district on April 2. The man, who was arrested earlier in the day, was taken before the Famagusta district court and handed a four-day remand order. Police investigations are ongoing.

26 0 Cyprus Mail
Multi-million contract for Nicosia old town
Kıbrıs 06.04.2026 20:28

Multi-million contract for Nicosia old town

Nicosia municipality on Monday signed a multi-million contract for restoration works to be done within the old town. The contract – worth €3.44 million – was signed at the municipality headquarters. The project – assigned to AM Andronikou contractors – is expected to take 18 months to complete. According to the municipality, this concerns the first […]

27 0 Cyprus Mail
Protest planned in Nicosia over Israel’s death penalty law
Kıbrıs 06.04.2026 20:25

Protest planned in Nicosia over Israel’s death penalty law

Activist group United for Palestine will hold a protest outside the Israeli embassy in Nicosia on Wednesday against recent legislation passed in Israel introducing the death penalty for Palestinians convicted of terrorism. In a statement on Monday, the group said the law, passed by the Israeli Knesset on March 30, establishes capital punishment as the default sentence […]

27 0 Cyprus Mail
Police investigate indecent assault in Limassol
Kıbrıs 06.04.2026 20:22

Police investigate indecent assault in Limassol

Police were on Monday investigating a reported indecent assault against a 42-year-old woman in Limassol. The incident occurred around 8am on a pedestrian street in the Amathus area, where the woman said she was attacked by an unknown man. The suspect is described as a dark-skinned man, aged 30 to 40, with a beard and […]

30 0 Cyprus Mail
Supreme Court releases Iranian detained on national security grounds
Kıbrıs 06.04.2026 20:20

Supreme Court releases Iranian detained on national security grounds

The Supreme Court has ordered the release of an Iranian man detained for 23 months pending deportation on national security grounds, ruling that his continued detention was not justified. In a recent decision made known on Monday, the court issued a Habeas Corpus warrant for the Iranian who had entered Cyprus legally in 2002 and […]

30 0 Cyprus Mail
Police warn of new scam impersonating force
Kıbrıs 06.04.2026 19:49

Police warn of new scam impersonating force

A post falsely presented as an official announcement by the police is circulating on social media, including Instagram and Facebook, the police said on Monday. The post refers to the alleged dismantling of an investment fraud network and urges people to click on a link for further instructions. The police said the scam aimed at […]

27 0 Cyprus Mail
Buffer Fringe Performing Arts Festival returns with Open Call for artists
Kıbrıs 06.04.2026 19:48

Buffer Fringe Performing Arts Festival returns with Open Call for artists

Making its comeback this year is the long-standing Buffer Fringe Performing Arts Festival, which after ten consecutive editions, adopted a biennial format. This October 2-4, Nicosia will welcome back the event and an Open Call is now accepting proposals from artists. In 2023, the festival changed gears and announce it would take place every two […]

25 0 Cyprus Mail
Greek shipping chief says 600 vessels trapped in Strait of Hormuz
Kıbrıs 06.04.2026 19:11

Greek shipping chief says 600 vessels trapped in Strait of Hormuz

President of the Propeller Club Port of Piraeus Costis Fragoulis has warned of growing concern within the global shipping community over a rapidly deteriorating geopolitical environment affecting maritime trade. The developments, reported by Greek business outlet Newmoney, highlighted mounting risks for international navigation and commerce. Fragoulis described a “new reality” of heightened risks driven by […]

29 0 Cyprus Mail
Leaders have ‘fruitful discussion’, will meet again
Kıbrıs 06.04.2026 18:55

Leaders have ‘fruitful discussion’, will meet again

President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhurman had what the UN described as a “fruitful discussion” on Monday, tasking their representatives to continue talks before they meet again at the end of April. In a statement issued after the meeting, Unficyp said the two leaders met “at the residence of the special representative […]

29 0 Cyprus Mail
House regulates foreclosures in tense plenum
Kıbrıs 06.04.2026 18:52

House regulates foreclosures in tense plenum

A broad package of legislature protecting borrowers and guarantors, and regulating foreclosures and dispute resolution, was passed on Monday by parliament in a tense plenum atmosphere. The plenum approved two government bills amending the law regulating the out-of-court resolution of financial disputes and the law on the transfer and mortgaging of property. The first bill […]

28 0 Cyprus Mail