Cyprus Mail

Cyprus households are earning relatively little on their bank deposits while facing a renewed rise in mortgage borrowing costs, according to new Central Bank of Cyprus (CBC) data that puts the country’s deposit rates among the lowest in the euro area.

Cyprus’ current account deficit nearly doubled in the second quarter of 2026, while the country’s net external debt position improved, according to provisional data released by the Central Bank of Cyprus (CBC) on Monday.

Most things people see in the skies above Cyprus have perfectly ordinary explanations.

Cyprus had one of the lowest shares of teachers aged under 30 in the EU in 2024, according to Eurostat data.

Cyprus and Japan are moving to deepen cooperation across shipping, business, technology and higher education, following talks in Tokyo between Foreign Minister Constantinos Kombos and his Japanese counterpart Toshimitsu Motegi on Monday.

The prospect of a major energy deal involving Russia’s Lukoil could create new strategic opportunities for Cyprus and Greece, while also changing how Washington approaches the war in Ukraine, international relations expert Charalambos Chrysostomou has sai…

A delivery driver was physically assaulted in Limassol on Friday, with police investigating the incident after footage of the confrontation circulated online.

Nicosia is preparing to host a major cultural event on Wednesday, October 28, 2026, as the historic Philharmonic Society of Corfu, the “Old Philharmonic” of 1840, travels to Cyprus to perform the commemorative concert “CORFU – CYPRUS: From West to East.

Benon Sevan, a diplomat and former deputy UN secretary general, who dedicated his life to promoting the Armenian heritage and served as a representative of the Armenian General Benevolent Union (AGBU), died on Monday.

The liver patients association Prometheus on Monday highlighted the importance of prevention, early diagnosis and systematic monitoring of people at increased risk of liver cancer, marking World Liver Cancer Awareness Month.

Britain’s Green Party voted to class Zionism as a form of racism, drawing criticism from British Jews and from the Israeli government which said it now viewed the party as “a body that gives legitimacy to terrorism”.

Cyprus has taken its research and innovation agenda to the global stage, with Chief Scientist Demetris Skourides representing the country at the ministerial roundtable of the 23rd Science and Technology in Society Forum in Kyoto, Japan.

The International School of Paphos (ISOP) is hosting its University Fair 2026 for the fourth consecutive year on Wednesday, October 14, 2026, from 2.30-6pm, at the school’s premises.

The University of Nicosia will host UNIC MUSIC VIBES 2026 on Friday, October 9, 2026 at the University of Nicosia’s open-air amphitheatre, at 7pm.

Greece expects its economy to grow faster in 2027, outperforming Europe’s major economies, thanks to higher investment and robust consumer spending, the government’s 2027 draft budget showed on Monday.

Hundreds of French high schools will begin a second week of closures on Monday as protests over dilapidated schools and classrooms, overcrowding and teacher shortages precede a nationwide day of demonstrations on Tuesday.

Spanish Prime Minister Pedro Sanchez called an early election for November 29 on Monday, in a bid to strengthen his mandate after a fragmented parliament rejected the government’s key housing decrees last week amid widespread protests.

Bernhard Schulte Shipmanagement (BSM) has appointed Andreas Solomonides to lead its integrated ship management operations in Cyprus and Greece from January 1, 2027, bringing BSM Cyprus and BSM Hellas under a single leadership structure.

The United States has removed its B-1 bombers from a British air base one week after five men were arrested nearby on suspicion of preparing terrorist acts, a suspected plot that British Prime Minister Andy Burnham said was likely backed by Iran.

The Research and Innovation Foundation (RIF) on Monday launched a public consultation on Cyprus’ proposed research and innovation funding portfolio for 2028 to 2034, with stakeholders invited to submit their views by November 2.

Cyprus’ Industrial Turnover Index rose by 5 per cent in July 2026, reaching 168.8 units, as stronger turnover in the local market outweighed a sharp fall in exports, according to figures released on Monday by the statistical service (Cystat).

Cyprus’ construction sector continued to expand strongly in June 2026, with 751 building permits authorised during the month, an increase of 18.3 per cent compared with June last year, according to the statistical service (Cystat).

Sentencing proceedings for the British father who pleaded guilty in connection with the death of his three-year-old son were postponed until Tuesday morning after a supporting document needed by the defence failed to arrive from the UK in time.

Technology giants such as Apple, Amazon and Google may pose a greater long-term threat to traditional banks than fintech companies, London Business School professor Costas Markides said, warning that control of the customer relationship is becoming the key

The court of appeal has increased the prison sentences of two individuals for the possession of 211 grams of methamphetamine with the intention to supply, deeming the sentences imposed on them by the court of first instance “insufficient” for the seriousn…

The Long Stay Legends Dog Show has been hailed a fantastic success, raising more than €6,000 and, most importantly, shining a much-needed spotlight on long-stay rescue dogs waiting for homes across Cyprus.

Residents of communities in the Mitsero region gathered outside the Supreme Court on Monday to protest the construction of an asphalt plant in the area.

Alpha Bank S.A. purchased 1,772,090 of its own shares on Euronext Athens between September 28, 2026 and October 2, 2026, for a total consideration of €8,142,149.75, the lender announced on Monday.

A six-week-old tanker managed by Dynacom Tankers Management has been damaged after being struck by an unknown projectile in the Strait of Hormuz, with its engine room hit and the vessel subsequently left disabled and adrift.

Cypriot investment firm Demetra Holdings Plc bought back 1,507 of its own shares on October 2, 2026, as part of its ongoing share buyback programme, according to an announcement issued on Monday.

Due to increased interest and positive response from the public, registration for the 28th ‘Marios Agathangelou’ International Road Race has been extended until Tuesday, October 6, 2026.

Tuesday is expected to be the most likely day for widespread and intense weather in Cyprus, meteorological officer Tasos Koulentis told the Cyprus News Agency on Monday.

The government approved an additional €2 million to ensure that all young people who have expressed interest in entering Cyprus’ primary sector can benefit from a new support scheme, President Nikos Christodoulides has announced.

Nicosia is seeking to attract more visitors from Greece by promoting its culture, gastronomy, events and surrounding countryside as part of a year-round tourism offering, according to Nicosia regional tourism board (Etap Nicosia) president Theodoros Kring…

Two road collisions occurred at the same spot in Nicosia within three and a half hours on Sunday, with both drivers testing over the legal alcohol limit, police said on Monday.

In the Cyprus Cricket 40-over competition, presented by HurryCurry, two matches were played, with Telugu11 claiming a comprehensive victory over their sister side, Limassol Telugu, to earn the bragging rights.

Eurobank repurchased more than 1.05 million of its own shares between September 28 and October 2 at a total cost of €5.02 million, as part of its ongoing share buyback programme.

Ninety-nine fines were issued to riders for failing to wear protective helmets during an islandwide traffic enforcement campaign on Sunday.

England manager Thomas Tuchel said Declan Rice faces competition for his midfield spot after Alex Scott delivered an impressive performance on his first international start in Saturday’s 7-0 thrashing of Croatia.

President Nikos Christodoulides has participated in a sports event that was held as part of the BeActive programme at the presidential palace on Monday.

Netherlands coach Xavi Hernandez has joined the criticism of the new-look expanded international calendar, saying four Nations League matches in 11 days are filled with peril.

A multi-agency Australian counterterrorism unit is investigating links to Australia of the co-pilot of flydubai flight FZ1073, who stabbed his captain and then attempted to hijack the plane, a police spokesperson said on Sunday.

By Andrey Avsitidiysky, Samarkand – Limassol The 46th Chess Olympiad concluded in Samarkand on September 27, 2026.

A British father whose three-year-old son died after falling from a fourth-floor hotel window in Paphos arrived at court on Monday morning, where he is due to be sentenced after pleading guilty to causing the child’s death by a rash or negligent act.

Fourteen productions for children aged zero to 18 are coming up with the latest Mitsikouri International Performing Arts Festival for Children and Young People.

India and the United States have reached a plateau in their trade deal talks, India’s Finance Minister Nirmala Sitharaman said on Monday, a further sign that the two sides have hit a wall on a crucial deal.

Massive Russian air strikes targeted industrial and port infrastructure in Ukraine’s Odesa region, Governor Oleh Kiper said on the Telegram messaging app on Monday.

Inheritance is a fundamental institution of succession law, as it governs the transfer of a person’s estate upon death.

Two Irish passengers were arrested on Sunday after customs agents found large quantities of duty free tobacco products in their luggage.

Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.