Cyprus Economy 2026: the numbers prosper, real value leaks away
Kıbrıs Cyprus Mail

Cyprus Economy 2026: the numbers prosper, real value leaks away

Macroeconomic stability is real, but it is not enough. The challenge of the next decade is to move from an economy that attracts wealth to an economy that produces knowledge, technology and domestic value added. Co-authors: Nikolaos Antonakakis, Professor of Economics and Director of the School of Business, University of Nicosia, School of Business, Department […]

18.06.2026 13:19
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Man arrested as union calls for greater protection for welfare officers
Kıbrıs Cyprus Mail

Man arrested as union calls for greater protection for welfare officers

A 51-year-old man was arrested Thursday morning for allegedly damaging the windshields of five vehicles belonging to Social Welfare Services (SWS) employees. Police said the incident occurred outside the Agioi Anargyroi SWS office in Larnaca and is being investigated. In response to the incident, the social services branch of the trade union Isotita announced a […]

18.06.2026 13:12
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‘Behind every safe flight’: National Guard declares 2026 the ‘Year of Maintenance’
Kıbrıs Cyprus Mail

‘Behind every safe flight’: National Guard declares 2026 the ‘Year of Maintenance’

Military strength depends not only on acquiring advanced weapons systems and equipment, but also on keeping them reliable and operational through continuous, high-quality maintenance, National Guard chief lieutenant general Emmanouel Theodorou said on Thursday. Addressing an aviation conference at the Andreas Papandreou air base in Paphos, Theodorou stressed that the work carried out by engineers […]

18.06.2026 13:05
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Europe must overcome fragmentation to scale startups, says expert
Kıbrıs Cyprus Mail

Europe must overcome fragmentation to scale startups, says expert

Regulation must keep pace with fast-moving startups, says Kruczkowska Europe’s innovation ecosystem must address persistent fragmentation and strengthen cross-border coordination if startups are to grow into global scale-ups, according to director of innovation development at the Polish Development Fund Eliza Kruczkowska. Speaking to the Cyprus Mail on the sidelines of the 2026 European Innovation Council […]

18.06.2026 13:02
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Former Mokas chief denies Mafia State report allegations
Kıbrıs Cyprus Mail

Former Mokas chief denies Mafia State report allegations

Eva Rossidou-Papakyriakou, the former head of Mokas, the police’s anti-money laundering unit, on Thursday denied all accusations made against her in the anti-corruption authority’s Mafia State report, saying that they “do not correspond to reality”. The report found that she may be criminally liable for abuse of power and neglect of official duty, stating that […]

18.06.2026 12:57
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Seagate delay exposes flaws in law on dangerous buildings, Limassol EOA chief says
Kıbrıs Cyprus Mail

Seagate delay exposes flaws in law on dangerous buildings, Limassol EOA chief says

Nearly a month after the Limassol district local government organisation (EOA) applied for a court order to evacuate the unsafe Seagate apartment complex in the Yermasoyia tourist area, no decision has yet been issued, exposing what its president described as the shortcomings of the current legal framework. The building partially collapsed on April 11, leaving […]

18.06.2026 12:49
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Metsola: the EU will be truly united only when Cyprus is united
Kıbrıs Cyprus Mail

Metsola: the EU will be truly united only when Cyprus is united

European Parliament president Roberta Metsola on Thursday stressed her support for efforts to reunify Cyprus, saying that “the European Union will be truly united only when Cyprus is united”. “The way forward is clear: a sovereign, European state, based on a bicommunal, bizonal federation, in accordance with the United Nations resolutions and in accordance with […]

18.06.2026 12:34
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Tax commission joins expanded Mafia State probe in unprecedent move
Kıbrıs Cyprus Mail

Tax commission joins expanded Mafia State probe in unprecedent move

President Nikos Christodoulides is facing renewed pressure to demonstrate his independence from former president Nicos Anastasiades after the anti-corruption authority’s findings in the Mafia State case were formally expanded to include scrutiny by the tax commissioner, Sotiris Markides. The authority’s findings will, for the first time, be transmitted to the tax commissioner under recently approved […]

18.06.2026 12:28
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Persianis puts global risks in focus as iFX EXPO enters final day
Kıbrıs Cyprus Mail

Persianis puts global risks in focus as iFX EXPO enters final day

Outgoing Fiscal Council president Michalis Persianis joined Darius Anucauskas, Chief Market Analyst at Markets.com, on Thursday for a timely discussion on the forces shaping the global economy, as the iFX EXPO entered its final day in Limassol. The interview, titled ‘The Macro Shock Era: What’s Next For The Global Economy’, opened the second day in the Speaker Hall, setting the tone for […]

18.06.2026 12:25
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Cyprus construction costs continue to rise
Kıbrıs Cyprus Mail

Cyprus construction costs continue to rise

Cyprus’ construction material prices climbed further in May, according to the state statistical service (Cystat), with higher costs for metals, wood and electromechanical products continuing to shape the outlook for the island’s building sector. Specifically, the Price Index of Construction Materials reached 122.07 units in May 2026, with 2021 acting as the base year set […]

18.06.2026 12:20
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Cypriot film ‘Hold Onto Me’ wins top Los Angeles award, heads to Shanghai
Kıbrıs Cyprus Mail

Cypriot film ‘Hold Onto Me’ wins top Los Angeles award, heads to Shanghai

Cypriot director Myrsini Aristidou’s feature film Hold Onto Me won the top fiction prize at the Los Angeles Greek Film Festival, public relations and media strategy manager, Phoebe Miltiadous said on Thursday. The film received the Orpheus Award for Best Feature Fiction following its screening at the festival’s closing ceremony at the Egyptian Theatre on […]

18.06.2026 12:00
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British couple caught with illegal cigarettes at airport
Kıbrıs Cyprus Mail

British couple caught with illegal cigarettes at airport

A British couple was arrested by customs officials at Paphos Airport on Wednesday after a search of their luggage revealed significant quantities of smuggled cigarettes, the Customs Department announced on Thursday. The couple was released after they agreed to pay €12,900 in an out-of-court settlement. The couple, aged 29 and 27, was scheduled to fly […]

18.06.2026 11:56
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Mafia State independent investigator must be appointed ‘immediately’, Disy says
Kıbrıs Cyprus Mail

Mafia State independent investigator must be appointed ‘immediately’, Disy says

Disy on Thursday called for the independent investigator who will be tasked with probing allegations of abuse of power made against former president Nicos Anastasiades in a report released by the anti-corruption authority to be appointed without delay. “The appointment of independent criminal investigators must proceed immediately without any delay. The process must be carried out with a […]

18.06.2026 11:48
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UCY calls for applications for new hybrid Medical Sciences PhD
Kıbrıs Cyprus Mail

UCY calls for applications for new hybrid Medical Sciences PhD

The University of Cyprus (UCY) is pleased to announce the launch of its PhD in Medical Sciences, offered for the first time in both Greek and English, further strengthening the University’s commitment to excellence in medical education and research. Delivered in a hybrid mode of study, the programme is designed for aspiring researchers and healthcare […]

18.06.2026 11:39
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BoC, Cyprus Mathematical Society honour students’ maths prowess
Kıbrıs Cyprus Mail

BoC, Cyprus Mathematical Society honour students’ maths prowess

The awards ceremony for students who excelled in district, Pancyprian and international mathematics competitions was held in a packed auditorium at the Bank of Cyprus (BoC) headquarters. The event was organised by the Cyprus Mathematical Society, with the Bank’s support and cooperation. BoC has long invested in the next generation, encouraging the development of knowledge […]

18.06.2026 11:26
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Cyprus hotel sector sees June recovery but remains below seasonal norms
Kıbrıs Cyprus Mail

Cyprus hotel sector sees June recovery but remains below seasonal norms

Cyprus hotels saw an improvement in June compared with the difficult months that preceded it, although the market remains below the levels normally expected for the season, according to chairman of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. Speaking to the Cyprus News Agency (CNA), Michaelides said hotel traffic in June was clearly better than […]

18.06.2026 11:23
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Drone carrying suspicious package intercepted at central prisons
Kıbrıs Cyprus Mail

Drone carrying suspicious package intercepted at central prisons

A drone carrying a suspicious package bound for the central prisons was intercepted on Thursday after being detected by the prison’s anti-drone system. In a statement issued by the justice ministry, the system identified the drone as it approached the prison complex carrying a package. Prison officers immediately impounded both the device and its cargo […]

18.06.2026 11:22
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Only 6 per cent of tourists choose Nicosia, but it’s changing
Kıbrıs Cyprus Mail

Only 6 per cent of tourists choose Nicosia, but it’s changing

Only six per cent of tourists choose Nicosia as their destination, typically seeking “authentic” experiences, gastronomy and nightlife, with figures more than doubling in the winter season, reaching around 15 per cent, Nicosia tourism board (Etap) officer Sotiris Christoforou said on Thursday. “This is something that demonstrates Nicosia’s potential in terms of the seasonality of […]

18.06.2026 11:14
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‘Be There With Hyundai’: two young Cypriot artists at 2026 FIFA World Cup™
Kıbrıs Cyprus Mail

‘Be There With Hyundai’: two young Cypriot artists at 2026 FIFA World Cup™

Two talented young artists from Cyprus have achieved a significant international distinction, as they are among the winners of the “Be There With Hyundai” children’s art contest, an initiative organised by Hyundai in collaboration with FIFA ahead of the 2026 FIFA World Cup™. The contest invited children from around the world to express, through art, […]

18.06.2026 11:10
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Ronaldo does little to shake perception he is yesterday’s man
Kıbrıs Cyprus Mail

Ronaldo does little to shake perception he is yesterday’s man

Portugal forward Cristiano Ronaldo’s two second-half misses against the Democratic Republic of Congo and a mostly anonymous display did little to dissuade those who feel he is past his prime and not the man to lead his country to World Cup success. Portugal were held to a 1-1 draw in Group K by a Congolese […]

18.06.2026 11:09
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‘Stars on the Wave’: GRAWE Cyprus honours top insurance partners
Kıbrıs Cyprus Mail

‘Stars on the Wave’: GRAWE Cyprus honours top insurance partners

GRAWE Cyprus successfully hosted its “Stars on the Wave” awards evening, an event dedicated to recognising the company’s leading insurance partners. Held at a seaside venue, the event stood out for its excellent organisation and high quality, providing a fitting setting in which to celebrate the achievements of the company’s most distinguished associates. During the […]

18.06.2026 10:57
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More than a third of school buses fail state inspections, Audit Office says
Kıbrıs Cyprus Mail

More than a third of school buses fail state inspections, Audit Office says

More than a third of school buses inspected at public technical inspection centres (Kemo) across Cyprus were found to be unroadworthy, despite nearly one in five having recently passed checks carried out by private vehicle inspection centres (Ikteo), according to a report by the Audit Office. The report found that 35 per cent of the […]

18.06.2026 10:43
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Dead body found on beach near Larnaca
Kıbrıs Cyprus Mail

Dead body found on beach near Larnaca

A dead body was found on a beach near the Larnaca district village of Kiti on Thursday morning, the police said. The body was found at around 9.30am, with police officers arriving at the scene shortly afterwards to commence their investigation into the matter. Thus far, the police have only disclosed that the body belonged […]

18.06.2026 10:33
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