Kıbrıs Cyprus Mail

Excess liquidity in Cyprus banks falls to €17.4bn in 2025

The Central Bank of Cyprus (CBC) has announced that excess liquidity in the Cypriot banking system declined to €17.4 billion at the end of 2025, down from €18.4 billion a year earlier. The figures were included in a report entitled “The implementation of monetary policy in Cyprus”, which reviewed developments during 2025. According to the […]

12.06.2026 07:40

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Kıbrıs Cyprus Mail

Cyprus Business Now: employment, shipping, banks, fuel, CSE, CySEC

Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report. The sector, which operates without direct state investment, continued to support the wider economy while reinforcing the international standing of the […]

12.06.2026 07:30

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Kıbrıs Cyprus Mail

CySEC and ESMA call for stronger EU supervision amid market shift

European financial regulators recently set out a renewed push for stronger EU-level supervision as capital markets become increasingly cross-border and technology-driven in a joint interview released earlier this month. The discussion, originally published by Philenews, featured European Securities and Markets Authority (ESMA) President Verena Ross and Cyprus Securities and Exchange Commission (CySEC) Chairman George Theocharides, […]

12.06.2026 07:00

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Kıbrıs Cyprus Mail

CPI Holdings sells Debt CPI Bulgaria in strategic move

CPI Holdings Public Limited on Thursday issued a supplementary announcement to the Cyprus Stock Exchange (CSE) regarding the sale of its 100 per cent stake in Debt CPI Bulgaria ADSIC, following its earlier disclosure dated June 9, 2026. The company said the update relates to the disposal of 650,000 ordinary registered dematerialised shares, representing the […]

12.06.2026 06:00

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Kıbrıs Cyprus Mail

Paphos assured over summer water supply

Paphos district governor Charalambos Pittokopitis on Thursday welcomed the Council of Ministers’ decision to allocate additional water for irrigation, saying the district should not face water supply cuts during the summer. “As the Paphos district local government organisation (EOA), we continue our close communication and cooperation with the Water Development Department (WDD) to ensure the […]

12.06.2026 04:24

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Kıbrıs Cyprus Mail

Our View: The constitutional time bomb of deputy ministries

It defies belief that for years now, the executive and the legislature have been pretending there is no constitutional issue with the deputy ministries, the first of which was introduced by the Nicos Anastasiades government in 2019. It was the deputy ministry of tourism, which replaced the CTO (Cyprus Tourism Organisation), and another four were […]

12.06.2026 04:20

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Kıbrıs Cyprus Mail

Mexico beat South Africa in chaotic opener as three players sent off

Mexico’s Julian Quinones unleashed a spectacular strike and Raul Jimenez scored a header as the co-hosts beat nine-man South Africa 2-0 in their World Cup Group A opener at Estadio Azteca on Thursday, in a match where three players were sent off. Quinones opened the scoring early after Sphephelo Sithole’s defensive error allowed Erik Lira […]

12.06.2026 00:09

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Kıbrıs Cyprus Mail

Mother sues OpenAI, alleging ChatGPT encouraged daughter’s suicide

A Canadian mother sued OpenAI and its CEO Sam Altman in U.S. court on Thursday alleging that ChatGPT encouraged her daughter to commit suicide, the latest lawsuit to accuse the company of failing to address dangerous conversations between users and the company’s chatbot. Kristie Carrier said in a lawsuit filed in San Francisco state court […]

11.06.2026 22:48

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Kıbrıs Cyprus Mail

Trump cancels US strikes on Iran, citing progress in talks

President Donald Trump called off new U.S. military strikes on Iran on Thursday, saying “final points” of an initial peace deal had been approved and details of a signing ceremony would be announced shortly. Iran did not immediately respond to Trump’s announcement, which came hours after the president said the U.S. military would attack Iran […]

11.06.2026 22:37

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Kıbrıs Cyprus Mail

Awareness campaign targets fatty liver disease

Cypriots can expect new nationwide awareness and free screening initiatives for fatty liver disease, the Cyprus Liver Patients Association Prometheus said on Thursday to mark World Fatty Liver Day. “Through modern, non-invasive tests and targeted awareness campaigns, we seek to ensure the early diagnosis of liver disease,” the organisation said. Prometheus described fatty liver disease […]

11.06.2026 21:44

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Kıbrıs Cyprus Mail

Ministers stress closer legal-medical cooperation amid AI and health challenges

The need for closer cooperation between the legal and medical professions in addressing challenges arising from technological advances, artificial intelligence and the protection of patients’ rights was highlighted on Thursday at the first interdisciplinary conference on law and medicine in Nicosia. The conference, titled Developments in Health Law in Cyprus, was organised by the Cyprus […]

11.06.2026 21:31

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Kıbrıs Cyprus Mail

FMD cases rise to 121 livestock units

A total of 121 livestock units have now been affected by foot-and-mouth disease (FMD), following the confirmation of a new case announced on Wednesday. Second-dose vaccination coverage currently stands at 84 per cent for cattle, 78 per cent for sheep and 41 per cent for pigs, according to figures released on Thursday. The latest case […]

11.06.2026 21:28

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Kıbrıs Cyprus Mail

Defence challenges welfare role in teen suicide trial

The defence in the trial concerning the suicide of a teenager in 2019 sought on Thursday to downplay the responsibility of the social welfare services, while a key prosecution witness insisted more could have been done to prevent the boy from taking his own life. Andreas Andreou, a criminal investigator, was being cross-examined by Andreas […]

11.06.2026 20:42

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Kıbrıs Cyprus Mail

Paphos women’s gathering raises awareness for Women’s Shelter

A heartfelt and empowering day event honouring women’s freedom, autonomy and acceptance is arriving soon in Paphos. After the warm response the first Be in Your Nature gathered, organisers are now getting ready for a second edition of the social awareness initiative. Lea Women’s Center, together with FemNEST, Business Women’s Society, and Hamishi Nashi, invite […]

11.06.2026 19:37

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Kıbrıs Cyprus Mail

Police launch DigiPol portal to bring services online

The police have launched DigiPol, a new digital platform that allows members of the public to access a wide range of police services online. The portal became operational on Thursday, providing access through the gov.cy platform to more than 30 police services without requiring citizens to visit police stations or offices in person. Available services […]

11.06.2026 19:33

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Kıbrıs Cyprus Mail

Cyprus leads EU migrant relocation programme

A total of 3,039 international protection applicants have been relocated from Cyprus to other European Union member states under the bloc’s Voluntary Solidarity Mechanism (VSM) since June 2022, the deputy migration ministry said on Thursday. “The completion of the programme confirms the effectiveness of operational coordination between the Republic of Cyprus, the European Commission, the […]

11.06.2026 19:09

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Kıbrıs Cyprus Mail

IATA urges passengers to leave bags behind in aircraft evacuations

The International Air Transport Association (IATA) has launched a new passenger safety campaign warning travellers that taking cabin baggage during an aircraft evacuation can put lives at risk.  The campaign, called ‘Save a Life, Not a Bag’, urges passengers to follow crew instructions, leave all belongings behind and move quickly to the nearest usable exit when told to evacuate.  It is supported by aviation safety […]

11.06.2026 18:32

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Kıbrıs Cyprus Mail

Cannabis lollipops, counterfeit goods seized

A large quantity of suspected counterfeit goods and 1,440 cannabis lollipops were seized during a joint operation by customs officers and the drug squad (Ykan) in Limassol. The goods were found on Wednesday in three containers that arrived from Greece, during random inspections at the premises of a transport company. The Customs Department announced on […]

11.06.2026 18:28

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Kıbrıs Cyprus Mail

56 beaches awarded Blue Flag status

Nearly half of Cyprus’ bathing beaches, along with two marinas, were awarded Blue Flags for 2026 on Thursday, with Environment Minister Maria Panayiotou describing the achievement as recognition of the country’s environmental management efforts. Addressing the event in Ayia Napa, during which 56 beaches and two marinas out of 123 bathing water areas received awards, […]

11.06.2026 18:13

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Kıbrıs Cyprus Mail

Fresh leads emerge in ‘Videogate’ probe

Investigators looking into the affair dubbed ‘Videogate’ gave the attorney-general an update this week, with reports on Thursday suggesting they’ve uncovered new evidence that could lead to criminal indictments. Daily Politis said independent criminal investigator Andreas Paschalides met with senior officials at the attorney-general’s office on Wednesday. The paper said new information has come to […]

11.06.2026 17:55

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Kıbrıs Cyprus Mail

ECB raises rates as Middle East war fuels inflation concerns

European Central Bank (ECB) policymakers raised interest rates by 25 basis points on Thursday, citing mounting inflation pressures linked to the war in the Middle East and warning that the conflict poses growing risks to both prices and economic growth across the euro area. The ECB Governing Council said it remains committed to ensuring inflation […]

11.06.2026 17:27

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Kıbrıs Cyprus Mail

Jazz icon Claire Martin to close Minthis Music Festival 2026 on July 12

The Minthis Music Festival 2026 will conclude on July 12, 2026 with an evening dedicated to the elegance and rhythm of jazz, featuring acclaimed British vocalist Claire Martin. An eight-time winner of the British Jazz Awards, Martin is widely regarded as one of the finest jazz singers of her generation, with a long-standing international career […]

11.06.2026 17:21

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Kıbrıs Cyprus Mail

Serena out of Queen’s doubles after partner Mboko injured

Serena Williams’ comeback was put on hold on Thursday as her doubles partner Victoria Mboko withdrew from the Queen’s Club WTA event with a knee injury. After nearly four years away, the 44-year-old American great partnered Canadian teenager Mboko to victory against Nicole Melichar-Martinez and Erin Routliffe in front of a sell-out crowd on Tuesday. […]

11.06.2026 17:01

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Kıbrıs Cyprus Mail

Union demands abolition of CoLA ceiling, increase in payments

Trade union Isotita on Thursday demanded the abolition of the upper limit to the proportion of a worker’s salary which can be added on to it through the cost-of-living allowance (CoLA), saying that prices have already risen by more than that amount since the start of the year. A deal struck by trade unions, the […]

11.06.2026 16:57

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