SOUTHFIELDS
The Frog & Toad, Coral Bay
6 June - 2pm
Basket meals available
Booking essential - 26 343876
Saturday, May 30, 2026
FORMER UK HIGH COMMISSIONER IN CYPRUS NAMED AMBASSADOR IN ATHENS
Former British high commissioner in Cyprus Stephen Lillie has been named as the United Kingdom’s ambassador in Athens.
Lillie served in Nicosia between 2018 and 2022, and said that he was “honoured” to take up the role. He will commence his duties in Athens in September.
MOKAS SEIZED MANSIONS, VEHICLES, CRYPTO AND CASH IN CRIMINAL CASES - VALUE AROUND €91 million
MOKAS SEIZED MANSIONS, VEHICLES, CRYPTO AND CASH IN CRIMINAL CASES - VALUE AROUND €91 million - Filenews 30/5 by Eleftheria Paizanou
Close to €91 million is the value of the assets frozen in the previous two years by the Cypriot authorities, in the context of criminal cases both in Cyprus and abroad, following decrees, has increased. These are large sums of money, crypto-assets, real estate, luxury vehicles,, jewellery, paintings and other luxury items.
According to data from the Anti-Cover-up Offences Unit, in 2025 the total value of the frozen assets amounted to €27.6 million, while in 2024 the value of the frozen assets was €63.2 million.
POSITIVE NEWS FOR THE ECONOMY - MOODY'S MAINTAINED CYPRUS AT LEVEL A3
The credit rating of the Republic of Cyprus remained unchanged at level A3 in the rating of Moody's International, which was published yesterday. This assessment confirms the resilience of the Cypriot economy, says the Minister of Finance, Makis Keravnos and points out the challenges that the House also highlights from the ongoing negative geopolitical developments.
A relevant announcement states that on May 29, 2026, the international rating agency Moody's published its periodic rating, keeping the credit rating of the Republic of Cyprus unchanged at level A3. As noted, this rating reflects the country's strong economic resilience and its positive medium-term growth prospects, although In the short term, a slowdown is expected due to the risks stemming from the conflict in the Middle East, with implications for tourism and inflation.
DRONES, ARTIFICIAL INTELLIGENCE AND VOLUNTEERS IN THE FIGHT AGAINST FIRES - NATIONAL CO-ORDINATOR ''WE EXPECT A DIFFICULT SUMMER''
The Fire Brigade is getting eyes from the air through volunteers, using drones to detect a fire in time, while technology through artificial intelligence is also thrown into the battle to prevent a disaster.
We spotted, yesterday, Friday, in Brussels, the Chief Fire Chief of the Fire Service and National Coordinator for the fires, Nikos Longinos, talking to the officials of the European Civil Protection Mechanism about what help can be sent in the event of a major fire incident in Cyprus. "I wanted to talk to them, see them up close and know first-hand what help we can expect in the event of a fire," he tells "F".
THE ALL-DAY GYMNASIUM COMES TO PAPHOS - THE INSTITUTION IMPLEMENTED AT THE SCHOOL OF AGIOS DOMETIOS WAS CONSIDERED SUCCESSFUL
The implementation of the Optional All-Day Secondary School (POSME) program in the last two school years at Agios Dometios High School brought positive results, which led the authorities to make the decision to extend it. Thus, the Directorate of Secondary General Education of the Ministry of Education is proceeding with the expansion of POSME from the new school year that begins next September to another Gymnasium, specifically in the province of Paphos. It is noted that the school in which POSME will be implemented will be announced soon.
FUEL REDUCTIONS ARE COMING TO THE CYPRIOT MARKET - BRAKE ON INTERNATIONAL PRICES
Intense nervousness and decompression tendencies have been recorded in the last twenty-four hours in the international petroleum market, cultivating expectations for a gradual de-escalation of prices at Cypriot gas stations as well.
The fall in the price of Brent crude to around $90 per barrel, a 23% drop in the last month, combined with the looming diplomatic rapprochement between Washington and Tehran over Iran's nuclear program, has alleviated fears of a generalized disruption in global supply. Although markets remain vulnerable due to the geopolitical importance of the Strait of Hormuz, the decline in international indices paves the way for a breather in the pockets of consumers.
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