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IMF warns of rising public debt across EU — Cyprus among exceptions
Kıbrıs Cyprus Mail

IMF warns of rising public debt across EU — Cyprus among exceptions

IMF managing director Kristalina Georgieva has warned that European Union nations face a significant fiscal challenge as public debt levels threaten to climb sharply over the coming decades. Public debt across the European Union could surge beyond 130 per cent of gross domestic product by 2040 if current fiscal trends remain unchanged. Without policy measures, […]

15.06.2026 10:00
14 0
Team building remains biggest challenge for deep-tech startups
Kıbrıs Cyprus Mail

Team building remains biggest challenge for deep-tech startups

Brussels hosted the European Innovation Council Summit 2026 this month, where Laurence Petit, Director of Innovation at France’s CEA, shared insights on how Europe can transform scientific excellence into successful deep-tech companies. Speaking to the Cyprus Mail on the sidelines of the event, Petit discussed the ingredients behind CEA’s ability to produce between 10 and […]

15.06.2026 10:00
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New ServPRO website furthers investment in client service, professional excellence
Kıbrıs Cyprus Mail

New ServPRO website furthers investment in client service, professional excellence

ServPRO Accountants & Consultants continues to evolve its client experience, digital presence, and advisory support in response to a business environment shaped by regulatory change, increasing internationalisation and rapidly evolving technology. “The launch of our new website represents an important step in ServPRO’s ongoing evolution. It reflects our commitment to making our expertise more accessible […]

15.06.2026 09:47
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National Guard personnel disciplined over missing explosives case
Kıbrıs Cyprus Mail

National Guard personnel disciplined over missing explosives case

Members of the National Guard have been disciplined following an internal investigation into the disappearance of 13.6 kilograms of explosives from a military firing range in Larnaca earlier this year. The defence ministry has not disclosed how many individuals were sanctioned or the nature of the penalties imposed and according to information on Reporter the […]

15.06.2026 09:34
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Accident blocks Nicosia exit
Kıbrıs Cyprus Mail

Accident blocks Nicosia exit

An accident on the motorway just outside Nicosia has caused congestion in the direction of Limassol. The police said the accident is between the junction of Limassol avenue and Athalassa avenue, and the exit for Athalassa. Drivers are urged to be particularly careful and patient.

15.06.2026 09:22
27 0
Bank of Cyprus’ SupportCY joins efforts to improve school fire safety standards
Kıbrıs Cyprus Mail

Bank of Cyprus’ SupportCY joins efforts to improve school fire safety standards

Safety officials and education authorities recently launched a new fire safety educational programme for primary and secondary schools at the Astromeritis Primary School, according to an announcement released on Monday. This initiative is the result of a strategic partnership between the Ministry of Education, Sport and Youth, the Cyprus Fire Service, the Association of Retired […]

15.06.2026 09:20
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Court decision on single-parent allowance provides clarity
Kıbrıs Cyprus Mail

Court decision on single-parent allowance provides clarity

Child maintenance is one of the most sensitive areas of family law because its central concern is not the financial dispute between parents, but the safeguarding of the child’s dignified standard of living. Under Cypriot law, and specifically Article 33 of the Parents and Children Relations Law, both parents are jointly obliged to contribute to […]

15.06.2026 09:16
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Motorcyclist arrested after fatal crash on Nicosia-Limassol motorway
Kıbrıs Cyprus Mail

Motorcyclist arrested after fatal crash on Nicosia-Limassol motorway

Police have arrested a 58-year-old man in connection with a fatal road collision that claimed the life of a 61-year-old motorcyclist on the Nicosia-Limassol motorway near Skarinou on Sunday morning. According to Larnaca police spokesman Spyros Chrysostomou, an arrest warrant was issued against the 58-year-old rider, who is believed to have been involved in the […]

15.06.2026 08:58
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Eleven arrested in overnight police crackdown across urban areas
Kıbrıs Cyprus Mail

Eleven arrested in overnight police crackdown across urban areas

Police arrested 11 people on Sunday night during coordinated operations carried out in key urban areas across Cyprus as part of ongoing efforts to prevent serious crime and enhance public safety. According to a police statement, the arrests were made in connection with offences including illegal possession of drugs, illegal possession of anabolic substances, possession […]

15.06.2026 08:31
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Cumulative investment in global data centres to hit $1.6 trillion by 2030
Kıbrıs Cyprus Mail

Cumulative investment in global data centres to hit $1.6 trillion by 2030

Global investment in data centre infrastructure is projected to reach $1.6 trillion by 2030, with major technology firms set to deploy more than $600 billion in artificial intelligence capital expenditure during 2026 alone, according to research firm Omdia. This massive surge in funding confirms that the AI Factory market has moved past a critical turning […]

15.06.2026 08:30
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Police arrest fifth suspect linked to alleged criminal organisation in Larnaca
Kıbrıs Cyprus Mail

Police arrest fifth suspect linked to alleged criminal organisation in Larnaca

Police have arrested a 49-year-old Greek Cypriot man in connection with an ongoing investigation into an alleged criminal organisation operating in the Larnaca district, authorities said on Monday. The suspect was arrested by officers from Famagusta CID on suspicion of interfering with judicial proceedings linked to a separate case being investigated by Larnaca CID. The […]

15.06.2026 08:26
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Group E: Ivory Coast break deadlock in 90th minute to defeat Ecuador
Kıbrıs Cyprus Mail

Group E: Ivory Coast break deadlock in 90th minute to defeat Ecuador

Substitute Amad Diallo struck in the 90th minute to give Ivory Coast a deserved 1-0 win over Ecuador in both teams’ Group E opener on Saturday night. Diallo’s first-time strike of Wilfried Singo’s cross gave the Ivorians their first-ever World Cup victory over South American opposition and halted Ecuador’s unbeaten run in all fixtures at […]

15.06.2026 08:13
27 0
Europe’s shipyards navigate from sunset industry to green revival
Kıbrıs Cyprus Mail

Europe’s shipyards navigate from sunset industry to green revival

European shipyards are under pressure to cut costs and clean up. A new EU-funded initiative aims to help them do both, with digital tools and better tracking of energy use and materials to improve their environmental footprint and reduce waste. By Anthony King In September 2026, naval architect Thomas Koch is bringing his firm’s virtual […]

15.06.2026 08:00
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Clear skies in the morning, thunderstorms and hail later on
Kıbrıs Cyprus Mail

Clear skies in the morning, thunderstorms and hail later on

Monday started off with low clouds and fine mist in many areas, which gave way to clear skies, however clouds will start forming in the early afternoon bringing isolated showers and possibly thunderstorms with hail, inland and in the mountains. Winds will be a southwest to northwest gentle to moderate breeze of 3 to 4 […]

15.06.2026 07:56
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EU authorities warn of rising cross-border ICT risks in finance
Kıbrıs Cyprus Mail

EU authorities warn of rising cross-border ICT risks in finance

European Supervisory Authorities recently published their first annual overview of major ICT-related incidents in the European Union financial sector, revealing a rising pattern of cross-border disruptions and warning that increasingly advanced artificial intelligence tools may heighten cybersecurity risks across the industry. The report was issued jointly by the European Banking Authority (EBA), the European Insurance […]

15.06.2026 07:30
16 0
EBA unveils simplified EU-wide bank stress test for 2027
Kıbrıs Cyprus Mail

EBA unveils simplified EU-wide bank stress test for 2027

The European Banking Authority (EBA) has published its draft methodology, templates and guidance for the 2027 EU-wide stress test, introducing major changes aimed at simplifying data requirements and improving risk sensitivity while maintaining robustness and comparability across the banking sector. The 2027 EU-wide stress test exercise will include 63 banks from the European Union and […]

15.06.2026 07:00
20 0
US, Iran reach preliminary agreement to end war, signing set for Friday
Kıbrıs Cyprus Mail

US, Iran reach preliminary agreement to end war, signing set for Friday

U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Iran’s nuclear program to further negotiations. “The Deal with the Islamic Republic of Iran is […]

15.06.2026 06:54
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Netflix projected to hit 400 million subscribers by 2031
Kıbrıs Cyprus Mail

Netflix projected to hit 400 million subscribers by 2031

Industry analysts at market intelligence firm Omdia presented new data at NEM Dubrovnik 2026, forecasting that streaming platform Netflix will reach nearly 400 million subscribers globally by the end of 2031. This milestone would solidify the position of the firm as the world’s leading subscription streaming platform despite a broader trend of industry consolidation. The […]

15.06.2026 06:30
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East Med energy diplomacy returns to centre stage
Kıbrıs Cyprus Mail

East Med energy diplomacy returns to centre stage

The launch of the East Med Energy Center (Emec) in Houston this week and the revival of high-level regional energy diplomacy mark significant developments in East Med energy cooperation. The presence of US Energy Secretary Chris Wright alongside ministers from Greece, Cyprus and Israel sends a powerful signal that Washington continues to view the East […]

15.06.2026 04:20
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Germany crush debutants Curacao 7-1 in opener
Kıbrıs Cyprus Mail

Germany crush debutants Curacao 7-1 in opener

Germany walloped Curacao 7-1 in their World Cup opener on Sunday after Felix Nmecha scored the tournament’s fastest goal so far and then drew a penalty in first-half stoppage time which Kai Havertz converted to extend the lead. The four-times champions dominated from the start of the Group E match against the smallest nation to […]

14.06.2026 22:15
18 0
Hamilton secures first Ferrari grand prix victory in Barcelona
Kıbrıs Cyprus Mail

Hamilton secures first Ferrari grand prix victory in Barcelona

Lewis Hamilton claimed his first Formula One grand prix victory for Scuderia Ferrari on Sunday after producing a dominant drive at the Barcelona-Catalunya Grand Prix, leading from the front to secure the 106th win of his career. The seven-time world champion crossed the finish line almost 20 seconds clear of George Russell, who finished second […]

14.06.2026 17:42
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