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12° Nicosia,
03 May, 2025
 

News Stream

Fake Ariel detergent scheme busted in Europe

Fake Ariel detergent scheme busted in Europe

Latvian authorities have uncovered a large-scale counterfeiting operation involving Ariel laundry detergent, accusing two Lithuanian citizens of producing and distributing fake products across Europe....

 |  BUSINESS
Cyprus and Greece forge closer ties in historic meeting

Cyprus and Greece forge closer ties in historic meeting

President Nikos Christodoulides described the second intergovernmental meeting between Cyprus and Greece as a historic milestone. For the first time, 14 Greek Cabinet ministers joined their Cypriot counterparts in Nicosia, reflecting the deepening collaboration between the two nations....

 |  NEWS
22 million users cut off as Europe's largest piracy ring busted

22 million users cut off as Europe's largest piracy ring busted

In a sweeping operation spanning multiple countries, Italian police dismantled a massive illegal streaming network that served more than 22 million users across Europe. Dubbed ''Operation Takendown''...

 |  NEWS
SkyView: Nicosia’s new rooftop oasis

SkyView: Nicosia’s new rooftop oasis

Nicosia’s skyline just got a little more glamorous, with the arrival of SkyView, the city's new rooftop bar perched on the 8th floor of Gate Twenty Two Boutique Hotel....

 |  LIFE
Eurobank’s €1.2 billion investment in Cyprus signals confidence

Eurobank’s €1.2 billion investment in Cyprus signals confidence

According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....

 |  BUSINESS
Rising screen time among Cypriot teens sparks concern

Rising screen time among Cypriot teens sparks concern

A new survey has raised alarms over the growing dependence on digital devices among adolescents in Cyprus, with nearly half of young people reporting constant online contact....

 |  NEWS
Bomb explosion targets vehicles in Germasogeia

Bomb explosion targets vehicles in Germasogeia

A bomb exploded in a garage in the Panioti area of Germasogeia late on Tuesday night, November 26, sparking a fire that destroyed multiple vehicles. ...

 |  NEWS
Ancient maritime trade between Cyprus and Palestine unearthed

Ancient maritime trade between Cyprus and Palestine unearthed

In the summer of 2024, an excavation led by New York University at Maniki Harbour, near Agios Georgios Pegeias in Paphos, uncovered significant evidence of maritime trade connections between Cyprus and South Palestine in the 6th century AD...

 |  NEWS
Cyprus receives major credit rating boost from Moody’s

Cyprus receives major credit rating boost from Moody’s

Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...

 |  BUSINESS
Cyprus NATO membership unlikely as Turkey asserts veto rights

Cyprus NATO membership unlikely as Turkey asserts veto rights

Cyprus’ prospects for NATO membership appear dim, with Turkish Ambassador Ulutç Özülker and other prominent Turkish figures emphasizing Ankara's veto power. ...

 |  NEWS
Partly cloudy skies with isolated showers and chilly nights

Partly cloudy skies with isolated showers and chilly nights

Today, weak low pressure is influencing our area. Skies will be partly cloudy, with the chance of isolated showers—mainly along the northern coast early in the day and later shifting to the mountains. ...

 |  NEWS
Israel-Hezbollah ceasefire now in effect after 13 months of conflict

Israel-Hezbollah ceasefire now in effect after 13 months of conflict

A ceasefire between Israel and Hezbollah took effect early Wednesday, starting at 4 a.m. local time (2 a.m. UK time). ...

 |  NEWS
Greek hoteliers sue booking.com over equal pricing rules

Greek hoteliers sue booking.com over equal pricing rules

Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....

 |  BUSINESS
Cyprus DOT warns drivers about Takata airbag recalls: Check your car now

Cyprus DOT warns drivers about Takata airbag recalls: Check your car now

The Department of Road Transport (DOT) has issued an important reminder to vehicle owners in Cyprus about the ongoing recall of vehicles with defective parts, including Takata airbags. ...

 |  BUSINESS
200 foreign companies and 1,200 new jobs in Cyprus in six months

200 foreign companies and 1,200 new jobs in Cyprus in six months

Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...

 |  BUSINESS
GM and Cadillac gear up for Formula 1 debut in 2026

GM and Cadillac gear up for Formula 1 debut in 2026

In an exciting development for motorsport fans, General Motors and Cadillac have reached an agreement in principle to enter Formula 1 as an 11th team starting in 2026. ...

 |  NEWS
Limassol’s growth deserves equal support

Limassol’s growth deserves equal support

Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...

 |  OPINION
Snow blankets Troodos Mountains: Ski season is nearly here

Snow blankets Troodos Mountains: Ski season is nearly here

The first snowfall has transformed the Troodos Mountains into a stunning winter wonderland, setting the stage for the upcoming ski season. With snow now covering the peaks, it’s just a matter of time before the slopes are ready for skiing....

 |  NEWS
Trump plans massive tariffs on imports from Mexico, Canada, and China

Trump plans massive tariffs on imports from Mexico, Canada, and China

In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...

 |  BUSINESS
The President’s bold move: Passport revoked, secession on the horizon?

The President’s bold move: Passport revoked, secession on the horizon?

I begin with a bow to our dear young Nikos, who, with a fiery decision, didn't hesitate to take on everyone and everything by revoking the passport of the President of Paphos' football club, even though he himself is from Paphos and a fan of the team! Great balls of fire. Respect, Mr. President!...

 |  OPINION
Did Angela Merkel misjudge Germany's dependence on Russian gas?

Did Angela Merkel misjudge Germany's dependence on Russian gas?

In her memoir ''Freedom'', Angela Merkel reflects on her 16-year tenure as German chancellor, offering insights into her political approach and the global crises that defined her leadership....

 |  NEWS
Schinas slams two-state solution as ''delusion'' with no European support

Schinas slams two-state solution as ''delusion'' with no European support

In a speech before the European Parliament, outgoing European Commission Vice President Margaritis Schinas delivered a firm message regarding the Cyprus problem, emphasizing that any hopes of resolving the issue through a two-state solution are misguided....

 |  NEWS
Government faces labor strikes as key sectors demand action

Government faces labor strikes as key sectors demand action

Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...

 |  NEWS
Doctors’ strike disrupts public hospitals across the island

Doctors’ strike disrupts public hospitals across the island

Public hospitals across Cyprus are grappling with disruptions today as a 48-hour strike by government doctors gets underway. ...

 |  NEWS
Brrr! Cyprus shivers as winter chill persists

Brrr! Cyprus shivers as winter chill persists

Brace yourselves—it’s another chilly day across the island as a lingering cold air mass continues to make its presence felt....

 |  NEWS
Eurobank acquires full control of Hellenic Bank

Eurobank acquires full control of Hellenic Bank

Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....

 |  BUSINESS
Paphos FC owner among 77 investors stripped of ''golden passports''

Paphos FC owner among 77 investors stripped of ''golden passports''

Sergey Lomakin, owner of Paphos FC, is among 77 foreign investors whose Cypriot citizenship, obtained through the controversial "golden passport" scheme, has been revoked by the Council of Ministers....

 |  BUSINESS
26-year-old man scammed out of $110,000 in cryptocurrency fraud

26-year-old man scammed out of $110,000 in cryptocurrency fraud

A 26-year-old man in Limassol has fallen victim to a cryptocurrency scam, losing over $110,000 in an alleged online investment fraud, according to a complaint filed with the police earlier today....

 |  BUSINESS
Primary residence and the benefit of 5% reduced VAT rate

Primary residence and the benefit of 5% reduced VAT rate

Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....

 |  BUSINESS
Sparkle, joy and enthusiasm at Alphamega Hypermarkets’ Christmas tree lighting ceremony

Sparkle, joy and enthusiasm at Alphamega Hypermarkets’ Christmas tree lighting ceremony

Christmas magic came to life at Alphamega Hypermarkets, as the chain welcomed the most joyous season of the year with festive lights and joy. ...

 |  NEWS
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European hoteliers take on Booking.com over high commissions
BUSINESS

European hoteliers take on Booking.com over high commissions

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Airplane returned to Gatwick without passengers after mid-flight disruption. File photo courtesy of Green Light Limited
NEWS

Passenger arrested after disruption on flight from Gatwick to Larnaca

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