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Cyprus Mail

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Ukraine reconstruction estimate jumps 12% to $588 billion, World Bank says
Kıbrıs 25.02.2026 18:15

Ukraine reconstruction estimate jumps 12% to $588 billion, World Bank says

Rebuilding Ukraine’s economy will cost an estimated $588 billion over the next decade, the World Bank, United Nations, European Commission and the Ukrainian government said on Monday, a day before the fourth anniversary of Russia’s full-scale invasion. The latest assessment by the institutions, based on data from February 24, 2022 through December 31, 2025 showed […]

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Bitcoin (BTC) faces risk of drop to $55K on rising outflows; DeFi crypto reports strong on-chain activity
Kıbrıs 25.02.2026 18:10

Bitcoin (BTC) faces risk of drop to $55K on rising outflows; DeFi crypto reports strong on-chain activity

Bitcoin is under renewed pressure as accelerating capital outflows and weakening macro conditions raise the risk of a deeper move toward the $55,000 range. Analysts are closely watching the $60,000 level as critical support, warning that a decisive break could trigger a sharper flush amid thinning liquidity and continued ETF outflows. While large-cap assets consolidate […]

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Cyprus lists new €50 million 13-week treasury bills on CSE
Kıbrıs 25.02.2026 18:01

Cyprus lists new €50 million 13-week treasury bills on CSE

The Cyprus Stock Exchange (CSE) on Wednesday announced the listing of 50,000 new 13-week Treasury Bills of the Republic of Cyprus, following an auction held on February 20, 2026. The exchange stated that it has admitted for listing on the Stock Exchange, pursuant to Article 58(1) of the Securities and Cyprus Stock Exchange Law, 50,000 […]

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One in three Cyprus citizens, half of businesses hit by cyberattacks
Kıbrıs 25.02.2026 17:19

One in three Cyprus citizens, half of businesses hit by cyberattacks

One in three people and more than half of businesses in Cyprus were hit by cyberattacks in the past 12 months, according to two nationwide surveys by the Communications Commissioner and the Digital Security Authority. The surveys revealed that 33 per cent of people experienced a cyberattack over the last year, while almost half of […]

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‘We must avoid the further killing of animals’, cheesemakers say
Kıbrıs 25.02.2026 17:16

‘We must avoid the further killing of animals’, cheesemakers say

Cheesemakers’ association spokesman Michalis Koullouros on Thursday called for a halt to the culling of farm animals in light of an outbreak of foot a d mouth disease. “We must avoid the further killing of animals because, you understand that if animals are lost, their production and the production of halloumi are also lost,” he […]

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Russia accuses Ukraine of seeking to acquire nuclear weapon with help from UK, France
Kıbrıs 25.02.2026 17:00

Russia accuses Ukraine of seeking to acquire nuclear weapon with help from UK, France

Russia has accused Ukraine of trying to obtain a nuclear weapon with help from Britain and France, an allegation Kyiv called an absurd lie. A French foreign ministry spokesperson said the allegation was “blatant disinformation”. A spokesperson for British Prime Minister Keir Starmer said: “There’s no truth to this.” Ukrainian President Volodymyr Zelenskiy has previously […]

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Data protection authority calls for temporary suspension of Fidias’ agora app
Kıbrıs 25.02.2026 17:00

Data protection authority calls for temporary suspension of Fidias’ agora app

The data protection authority has formally requested the immediate suspension of Fidias Panayiotou’s agora application, citing non-compliance with the European general data protection regulation (GDPR). Speaking to the Cyprus Mail, data protection commissioner Maria Christofidou said the platform processes “special categories of data, such as political opinions, on a large scale”, triggering stricter obligations under […]

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Record 129 journalists and media workers killed in 2025, mostly by Israel
Kıbrıs 25.02.2026 16:50

Record 129 journalists and media workers killed in 2025, mostly by Israel

A record 129 journalists and media workers were killed in the course of their work last year, two-thirds of them killed by Israel, the Committee to Protect Journalists said on Wednesday. It was the second straight year that press killings set a record and the second straight year that Israel was responsible for two-thirds of […]

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Turkish Cypriots deliver 10,000 foot and mouth vaccines
Kıbrıs 25.02.2026 16:47

Turkish Cypriots deliver 10,000 foot and mouth vaccines

A total of 10,000 doses of the foot and mouth disease vaccine sent to the Republic by the Turkish Cypriots have been delivered and received, the north’s ‘agriculture ministry’ said on Wednesday. ‘Minister’ Huseyin Cavus had said on Tuesday that a total of 20,000 doses were to be delivered, with the ‘ministry’ saying on Wednesday […]

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Councillor donates 14 cleaning carts to Paphos municipality
Kıbrıs 25.02.2026 16:42

Councillor donates 14 cleaning carts to Paphos municipality

Alexandros Jiang, a Cypriot with Chinese heritage, has donated 14 cleaning handcarts to the Paphos municipality to help keep the city clean. The handcarts, worth €1,800 each, were ordered from China and were presented during a ceremony in town hall square to mayor Angelos Onisiforou. Jiang said he was happy to help with keeping the […]

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Cyprus economy’s ‘foreign engine’ raises fears of investment flight
Kıbrıs 25.02.2026 16:39

Cyprus economy’s ‘foreign engine’ raises fears of investment flight

The Cyprus Fiscal Council announced on Wednesday that national public debt remains on a downward trajectory and is expected to fall below the threshold of 60 per cent of gross domestic product (GDP) once official figures for 2025 are finalised. “The downward trend of the debt will continue in 2026 and probably in 2027,” estimated […]

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Alpha Bank Cyprus backs family office ecosystem
Kıbrıs 25.02.2026 16:21

Alpha Bank Cyprus backs family office ecosystem

Alpha Bank Cyprus participated as a platinum sponsor in the Members’ Meeting of F.O.C. Family Office Connect Cyprus Ltd, according to an announcement released on Wednesday. The event was held as part of the New Year’s Members Dinner and brought together leading figures from the Family Office community and senior financial executives for dialogue on […]

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Govt rejects prospect of cutting pensions for high earners
Kıbrıs 25.02.2026 16:19

Govt rejects prospect of cutting pensions for high earners

The government is against the idea of cutting pensions, even for the highest earners, Labour Minister Marinos Mousiouttas said on Wednesday. He was speaking after a meeting of government officials and trade union leaders, and said that while an actuarial study into the matter of Cyprus’ pension bill had “given … the option” of reducing […]

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EU strategic autonomy depends on regional strength, says Finance Minister
Kıbrıs 25.02.2026 16:11

EU strategic autonomy depends on regional strength, says Finance Minister

Finance Minister Makis Keravnos on Wednesday presented the priorities of the Cypriot Presidency of the Council of the EU regarding Cohesion Policy to the European Parliament Committee on Regional Development. “Geography cannot determine opportunities,” Keravnos underlined during the opening of the session. “Agriculture and livestock farming must remain a key element of Cohesion Policy,” he […]

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Cyprus struggles to close wide gender gap in elderly pensions
Kıbrıs 25.02.2026 15:35

Cyprus struggles to close wide gender gap in elderly pensions

Women in Cyprus receive 29 per cent lower pensions than men Women aged 65 and over in Cyprus received pensions 29 per cent lower on average than men in 2024, according to Eurostat, placing the country above the EU-wide gender pension gap and highlighting persistent income inequalities in retirement. Across the European Union in 2024, […]

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Man jailed for 20 years for cannabis, cocaine possession
Kıbrıs 25.02.2026 15:18

Man jailed for 20 years for cannabis, cocaine possession

A 31-year-old man was on Wednesday handed a 20-year jail sentence after having been found guilty of the possession of a little over 15 kilograms of cocaine and almost 95 kilograms of cannabis, with the intent to supply. He was sentenced by the Larnaca criminal court, which, in its verdict, lamented that “in recent years, […]

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Government targets UK investors to boost Cyprus innovation corridor
Kıbrıs 25.02.2026 15:18

Government targets UK investors to boost Cyprus innovation corridor

Deputy Minister to the President Irene Piki travels to London on Wednesday to attend the international investment forum ‘Investing in Cyprus: Risk, returns and FDI flows in the innovation corridor’. The conference, organised by Invest Cyprus in collaboration with the Financial Times’, will take place on February 26 at Bracken House. The event will bring […]

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Restaurant review: A game of two halves at B.R. Hub
Kıbrıs 25.02.2026 15:15

Restaurant review: A game of two halves at B.R. Hub

My faithful dining companion and I decided to indulge in pub grub, partly because Lent is approaching with many options set to be taken off the table. There is a reason why bars and pubs tend to stick to what they know when it comes to food. Burgers, buffalo wings, onion rings, sandwiches, wraps. A […]

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Dual British Cypriot nationals must now use UK passport to enter Britain
Kıbrıs 25.02.2026 14:44

Dual British Cypriot nationals must now use UK passport to enter Britain

Dual British Cypriot citizens are required as of Wednesday, February 25 to use a valid British passport when entering the United Kingdom according to an announcement by the Cypriot high commission in London. The measure coincides with the full rollout of the UK’s electronic travel authorisation (ETA) system for non-British nationals, prompting authorities to clarify […]

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Psychological support hotline for farmers affected by FMD
Kıbrıs 25.02.2026 14:30

Psychological support hotline for farmers affected by FMD

Livestock farmers whose livelihoods have been affected by the recent outbreak of the foot-and-mouth disease have the option to reach out to a dedicated hotline to receive psychological support, the Larnaca municipality said on Wednesday. “The aim is to provide psychological support to those in need, as well as the timely management of any needs […]

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Cyprus annual inflation slows to 1.2 per cent as energy prices fall
Kıbrıs 25.02.2026 14:26

Cyprus annual inflation slows to 1.2 per cent as energy prices fall

Cyprus’ annual inflation rate stood at 1.2 per cent in January 2026, remaining below the euro area and EU averages as price pressures across the bloc continued to ease, according to data released by statistical service (Cystat) and Eurostat.  The Harmonised Index of Consumer Prices (HICP) decelerated to 1.2 per cent compared with January 2025, when it stood at 2.9 […]

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Agriculture minister defends FMD response amid criticism of negligence
Kıbrıs 25.02.2026 14:21

Agriculture minister defends FMD response amid criticism of negligence

Agricultural minister, Maria Panayiotou addressed growing criticism on Wednesday over the government’s handling of the foot-and-mouth disease outbreak, insisting that strict biosecurity measures and a national action plan had been in place from the outset. Speaking after a meeting with representatives of livestock farmers and cheesemakers, she rejected claims of negligence, especially those raised during […]

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Fears over Russian property purchases near RAF Akrotiri raise security concerns in Cyprus
Kıbrıs 25.02.2026 14:16

Fears over Russian property purchases near RAF Akrotiri raise security concerns in Cyprus

British intelligence is increasingly apprehensive that Russian nationals linked to the Kremlin are acquiring properties near the RAF base at Akrotiri as part of a covert “hybrid warfare” strategy. According to reporting by The Telegraph, homes purchased close to the British base are under suspicion for being used for surveillance, equipment storage or acts of […]

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Heathrow CEO says Istanbul to overtake London hub as Europe’s busiest airport
Kıbrıs 25.02.2026 14:13

Heathrow CEO says Istanbul to overtake London hub as Europe’s busiest airport

Istanbul will overtake Heathrow as Europe’s busiest hub this year or the next, the London airport’s chief executive said, bolstering its case to build a new runway after decades of political delays and reversals. “I would definitely expect maybe that to happen this year, maybe next year,” Heathrow CEO Thomas Woldbye told Reuters on Wednesday. […]

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