Cyprus Mail

Kıbrıs 02.07.2026 08:00

ECB mulls doubling bank reserve requirements to cut interest bill

The ECB is considering doubling the proportion ​of cash lenders must keep as reserve in an unremunerated account, six sources told Reuters, which ‌would cut the central bank’s own interest bill and mitigate the side effects of its inflation fight. The potential increase, which is being debated by European Central Bank policymakers, would raise minimum […]

15 0 Cyprus Mail

Kıbrıs 02.07.2026 07:57

Board of Peace wraps up Cyprus talks with Palestinian technocratic committee

The Palestinian technocratic committee expected to assume a role in the post-war administration of Gaza announced late on Wednesday that it had completed its two-day meetings in Cyprus, which focused on humanitarian management, reconstruction and the framework for the territory’s future governance. The committee said it held a series of meetings with experts from the […]

16 0 Cyprus Mail

Kıbrıs 02.07.2026 07:30

Cyprus Business Now: Middle East fallout, banks, inflation, CITEA, PwC, Logicom

The Central Bank of Cyprus (CBC) has lowered its growth forecasts for the Cypriot economy for 2026 and 2027, pointing to the impact of the war in the Middle East and warning that risks remain tilted to the downside. In its June 2026 economic bulletin, the CBC said it now expects GDP to grow by 2.5 per cent […]

15 0 Cyprus Mail

Kıbrıs 02.07.2026 06:40

What’s on this weekend

Friday, July 3 This Friday, Oroklini welcomes the Thalassa ki Almyro Nero festival, filling the church courtyard of Archangel Michael with music, dancing, traditional activities and food. From 7pm onwards, local folklore ensembles will bring Cypriot celebrations to life. In the capital, Nicosia Municipality’s annual summer celebration begins this Friday with a summer-long series of […]

16 0 Cyprus Mail

Kıbrıs 02.07.2026 06:30

EU high-tech production hits €414 billion

The European Union published the 2026 edition of key figures on European business this week, offering a comprehensive analysis of industry activities, investment, productivity, globalisation, technology, and tourism across member states. The report highlighted that the total sold production of high-tech products within the EU reached a total value of €414 billion during 2024. Pharmaceuticals […]

17 0 Cyprus Mail

Kıbrıs 02.07.2026 06:00

Paramount Skydance offers remedies to secure EU approval for deal

Paramount Skydance Corp (PSKY.O) has offered remedies to address EU ​competition concerns about its $110 billion acquisition of ‌Warner Bros Discovery (WBD.O), a regulatory filing showed on Wednesday, in a move which a source told Reuters last week was ​likely to gain European Commission approval for ​the deal. Paramount said it was “confident that this […]

16 0 Cyprus Mail

Kıbrıs 02.07.2026 04:25

Public should not pay for state’s ‘waste management failures’

The union of municipalities on Wednesday expressed its concern over the implementation of the landfill tax, citing serious economic and environmental implications and describing it as an “image of a lack of comprehensive planning”. “The green transition cannot be built with fragmented decisions, delays and the transfer of financial burdens to municipalities and residents,” the […]

17 0 Cyprus Mail

Kıbrıs 02.07.2026 04:20

Our View: Tax cuts on petrol a populist gimmick benefitting the rich

Last week the government decided to extend the reduction in the petrol tax until September 17, at an estimated additional cost of €3.5 million. The tax reduction was to have ended at the end of August, but the government, in a ludicrous decision, extended it for 17 days, supposedly, following discussions with the political parties. […]

16 0 Cyprus Mail

Kıbrıs 02.07.2026 01:53

Belgium stage stunning comeback to sink Senegal in extra time

Youri Tielemans struck a 125th-minute penalty as Belgium rallied from two goals down and defeated Senegal 3-2 after extra time in their World Cup last 32 clash in Seattle on Wednesday to keep alive their title hopes that had looked dead and buried. Senegal’s Lamine Camara slid in on Tielemans as the ball flashed across […]

11 0 Cyprus Mail

Kıbrıs 01.07.2026 22:19

Police say investigation into officer’s shooting of wife and subsequent suicide ongoing

Police on Wednesday said the criminal investigation into the shooting of a woman by her police officer husband and his subsequent suicide remains ongoing, stressing that any public conclusions about the circumstances of the case would be premature. In a statement, police expressed their “deep sorrow” over the incident, adding that their thoughts remain with […]

18 0 Cyprus Mail

Kıbrıs 01.07.2026 21:10

Kane double rescues England in comeback win over DR Congo

Captain Harry Kane came to England’s rescue as they came from a goal down in a battling 2-1 win over the Democratic Republic of Congo on Wednesday to seal their place in the last 16 of the World Cup. Kane rifled home the winner four minutes from time, after equalising in the 75th minute, spinning […]

21 0 Cyprus Mail

Kıbrıs 01.07.2026 20:54

Gauff survives scare, Sinner and Sabalenka ease through (wrapup)

Coco Gauff managed to shrug off her Wimbledon gremlins in the nick of time to avoid another early exit on Wednesday after men’s defending champion Jannik Sinner and women’s top seed Aryna Sabalenka eased into the third round. The day after seven-time Wimbledon champion Serena Williams’ comeback ended in defeat, the player who took the […]

19 0 Cyprus Mail

Kıbrıs 01.07.2026 19:51

Government to table bill granting investigative powers to anti-corruption authority

The government intends to table legislation granting investigative powers to the Anti-Corruption Authority, the permanent secretary of the justice ministry, Giorgos Panteli, told parliament’s legal affairs committee on Wednesday, signalling support for a significant overhaul of the authority’s powers. The announcement came during a discussion on competing legislative proposals submitted by ruling party Disy and […]

22 0 Cyprus Mail

Kıbrıs 01.07.2026 19:47

Rents to be paid electronically as of July 1

The tax department on Wednesday issued an announcement saying that as of July 1, the payment of rent in Cyprus can no longer be paid in cash but must be paid electronically via debit or credit card or any other recognised means of electronic payment. The department said that the new regulation applies to all […]

19 0 Cyprus Mail

Kıbrıs 01.07.2026 19:25

At least five people killed in fire in Antwerp apartment tower

At least five people were killed in a fire in a 10-storey apartment tower in the Belgian city of Antwerp on Wednesday, police said. Police spokesperson Kim Bastiaens said it was still too early to give a figure for the number of injured, or determine the cause of the fire. Local media had previously reported […]

18 0 Cyprus Mail

Kıbrıs 01.07.2026 19:19

‘Heat dome’ threatens sweltering conditions for World Cup fans and players

Extreme heat will greet fans and players this week at the World Cup, as an imposing “heat dome” settles over the central and eastern United States – plus parts of Canada – as the knockout rounds progress. The weather phenomenon known as a ‘heat dome’ – a large area of high pressure that traps heat […]

18 0 Cyprus Mail

Kıbrıs 01.07.2026 19:13

Turkey blames Cyprus for blocking EU customs union upgrade

Turkey’s foreign minister Hakan Fidan on Wednesday accused Cyprus of blocking efforts to modernise the customs union between Turkey and the European Union, despite what he described as strong support from the vast majority of EU member states. Speaking at a joint press conference in Ankara with Kyrgyz foreign minister Jeenbek Kulubayev following the seventh […]

15 0 Cyprus Mail

Kıbrıs 01.07.2026 18:58

BirdLife Cyprus and Terra Cypria raise concerns over Lady’s Mile beach

By Alexandra Epifaniou The environmental organisations BirdLife Cyprus and Terra Cypria have renewed their concerns over the Lady’s Mile beach, urging the British bases administration to publicly clarify how it ensures compliance with legal and environmental obligations of business operations in the area.  The Lady’s Mile is a protected area of high importance and the […]

18 0 Cyprus Mail

Kıbrıs 01.07.2026 18:57

Spain attributes over 1,000 excess deaths to heat in second-hottest June ever

Spain recorded 1,029 excess deaths last month attributable to heat, official data showed on Wednesday, as a five-day heatwave with temperatures surpassing 40 degrees Celsius (104 degrees Fahrenheit) made it the second-hottest month of June on record. Data on the Health Ministry’s daily mortality monitoring system MoMo showed this June had the most deaths attributed […]

17 0 Cyprus Mail

Kıbrıs 01.07.2026 18:53

Fire near Astromeritis checkpoint brought under control

A fire which broke out in dry grass and wild vegetation near the Astromeritis checkpoint on Wednesday afternoon has been brought under control, the fire service said. Fire service spokesman Andreas Kettis said on X that firefighting units from Nicosia stations, supported by organised volunteer groups, responded to the blaze after it broke out near […]

15 0 Cyprus Mail

Kıbrıs 01.07.2026 18:26

Port Shield 2026: Counter-terrorism exercise tests emergency response at Limassol port

A large-scale counter-terrorism exercise involving police, emergency services and port authorities was carried out at Limassol port’s container terminal on Wednesday, in what organisers described as the first ever exercise of its kind to be conducted at the facility using real operational resources. The exercise, called, “Port Shield 2026”, took place at the Eurogate Container […]

14 0 Cyprus Mail

Kıbrıs 01.07.2026 18:10

Life Surge Is Norfolk Bound: Here is what people from other cities are saying after attending

On Saturday, June 20, 2026, Scope Arena in Norfolk, Virginia, will host Life Surge, a one-day event that has drawn more than 117,000 attendees to its live gatherings as of January 2026. People from across the country have already been through it. They sat where you would sit. They heard what you would hear. And […]

15 0 Cyprus Mail

Kıbrıs 01.07.2026 17:59

Israeli defence chief highlights role of Cyprus and Greece

Cyprus and Greece could play a key role in a broader regional security architecture stretching from India and the Gulf to the eastern Mediterranean, the director general of Israel’s defence ministry, Maj Gen (ret.) Amir Baram, said on Wednesday. Speaking at the Herzliya Conference hosted by Reichman University, Baram argued that the threat posed by […]

16 0 Cyprus Mail

Kıbrıs 01.07.2026 17:32

Air passenger demand falls in May as Middle East war weighs on traffic

Global passenger demand fell 2.2 per cent year-on-year in May, as the war in the Middle East continued to disrupt air travel, although demand outside the region remained positive, according to the International Air Transport Association (IATA). Total demand, measured in revenue passenger kilometres (RPK), declined compared with May 2025, while capacity, measured in available seat kilometres (ASK), fell 2.3 […]

16 0 Cyprus Mail