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12° Nicosia,
23 March, 2025
 

News Stream

EY: The biggest risks facing Cyprus and governments worldwide

EY: The biggest risks facing Cyprus and governments worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

Net-billing to replace net-metering: What you need to know

Net-billing to replace net-metering: What you need to know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

Dutch Royals' potato tour spotlights Cyprus-Netherlands agricultural ties

Dutch Royals' potato tour spotlights Cyprus-Netherlands agricultural ties

The Dutch royal couple's visit to Cyprus this week may have sparked varied reactions, but their tour of potato plantations in Xylofagou and a packing plant in Liopetri was far from a coincidence....

Paphos' local planning authority set to greenlight controversial tourist development

Paphos' local planning authority set to greenlight controversial tourist development

The Paphos Local Plan Authority (EOA) is on the verge of approving a contentious tourist development in Latchi, despite confirmed planning violations by the project's Israeli owners — sparking serious questions about the conduct of local authorities....

Fire ravages three-story home in Egkomi, nearby residents evacuated (video)

Fire ravages three-story home in Egkomi, nearby residents evacuated (video)

A fire broke out late Tuesday night in a three-story wooden house in Egkomi, causing extensive damage and prompting the precautionary evacuation of nearby residents....

Cyprus banks hit record high profits despite ECB rate cuts

Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

Gnarly winds & dusty skies: Ride the breeze!

Gnarly winds & dusty skies: Ride the breeze!

So, here’s the scoop: A cheeky little low-pressure system and some rambunctious northeasterly winds are making their way through the area, bringing with them some atmospheric dust sprinkles (because why not?)....

Cypriots consume 142.7kg of vegetables per year, data reveals

Cypriots consume 142.7kg of vegetables per year, data reveals

Cypriots consume a significant amount of vegetables annually, with each individual averaging 142.7 kilograms per year, according to data from the Cyprus Statistical Service....

Human trafficking case at Kyrenia Port

Human trafficking case at Kyrenia Port

"Authorities" in the occupied part of Cyprus have extended the detention of six individuals suspected of human trafficking through the port of Kyrenia....

Solar panels installed in 405 schools

Solar panels installed in 405 schools

A total of 405 schools have had solar panel systems installed by the Technical Services of the Ministry of Education, Sports, and Youth, alongside thermal insulation and waterproofing works....

Unemployment in Cyprus inches up but remains below EU average

Unemployment in Cyprus inches up but remains below EU average

Unemployment in Cyprus ticked up slightly in January 2025, reaching 5.0%, compared to 4.9% the previous month, according to new data from Eurostat. Despite the monthly rise, the overall trend remains positive, with unemployment lower than the 5.3% recorded in January 2024....

Vasilikos project needs another €200 million—will it ever be finished?

Vasilikos project needs another €200 million—will it ever be finished?

The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...

Hôtel-Dieu de France expands to Limassol

Hôtel-Dieu de France expands to Limassol

Investment in Limassol’s healthcare sector is gaining momentum, with the renowned Hôtel-Dieu de France hospital from Beirut set to establish a state-of-the-art medical center in the heart of the city....

Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

How Cyprus became the secret hub of the global porn industry

How Cyprus became the secret hub of the global porn industry

When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....

Larnaca Airport vendors dodge 60 cent water price cap

Larnaca Airport vendors dodge 60 cent water price cap

Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....

Lidl at its best: 15 years of dynamic presence in Cyprus

Lidl at its best: 15 years of dynamic presence in Cyprus

Lidl Cyprus celebrates 15 years of presence in the local market this year, a different celebration that shows us the character of the company, but also the reason why it has reached such a high level of preference among the Cypriot public. ...

Nearly 100 Deputy Mayors in Cyprus paid to do nothing

Nearly 100 Deputy Mayors in Cyprus paid to do nothing

Nearly 100 deputy mayors across Cyprus have been collecting taxpayer-funded salaries for the past nine months — without having any official duties assigned to them — due to loopholes in the local government reform, sparking frustration among both the public and the officials themselves....

Cyprus and the Netherlands: A strong but often overlooked bond

Cyprus and the Netherlands: A strong but often overlooked bond

The Netherlands, a key player in both the EU and NATO, remains somewhat of an unknown entity in Cyprus—aside from Amsterdam’s popularity as a travel destination and the well-known football club Ajax....

Cyprus tops EU in female enrollment for Master’s and Doctorate programs

Cyprus tops EU in female enrollment for Master’s and Doctorate programs

In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....

Pope Francis faces setback amid pneumonia battle

Pope Francis faces setback amid pneumonia battle

Pope Francis has suffered another setback in his fight against pneumonia, experiencing two acute respiratory crises on Monday that required doctors to place him back on noninvasive mechanical ventilation, the Vatican announced....

Post-carnival blues with dusty skies and feisty winds

Post-carnival blues with dusty skies and feisty winds

After a whirlwind weekend of Carnival celebrations in Limassol — the island’s biggest and liveliest party — and Green Monday picnics yesterday, let's face it — we're all a little tired today. Whether you're still shaking off the glitter or gearing up for Lent with a fast, the weather seems to be in the same post-party mood — a little unsettled, with a touch of dust in the air....

Meritocracy, privilege, and the Cypriot dream: Reflections on the English School controversy

Meritocracy, privilege, and the Cypriot dream: Reflections on the English School controversy

Children and adolescents in many parts of the world, including Cyprus, face real problems. Bombs rain down on Ukraine, poverty ravages Gaza, school shootings plague the USA, natural disasters devastate the poorest regions, and here in Cyprus, an entire family recently perished in a tragic house fire....

Dutch Royal couple touch down in Larnaca on flight co-piloted by King

Dutch Royal couple touch down in Larnaca on flight co-piloted by King

King Willem-Alexander and Queen Maxima of the Netherlands have arrived in Cyprus for a two-day state visit, marking the first-ever official trip of the Dutch Royal Couple to the island. ...

A bleak reflection of our society’s decay

A bleak reflection of our society’s decay

Two men were recently found dead in a workplace, a makeshift apartment where they slept on an inflatable bed. In an effort to ward off the bitter cold, they lit a fukou and left it to burn, and tragically, the noxious fumes led to their deaths....

Green Monday: A breath of fresh air to welcome Lent

Green Monday: A breath of fresh air to welcome Lent

Today, Cyprus is buzzing with life as families and friends head outdoors to celebrate Green Monday, or Kathará Deftéra – a beloved tradition that marks the start of Lent in the Orthodox calendar....

Limassol carnival reigns supreme as Cyprus celebrates in style (images and video)

Limassol carnival reigns supreme as Cyprus celebrates in style (images and video)

Cyprus came alive on Sunday as Carnival celebrations filled the streets with colour, music, and endless revelry – with Limassol once again stealing the show. ...

Cyprus, US strengthen military alliance with special operations drill

Cyprus, US strengthen military alliance with special operations drill

The Cyprus National Guard and the United States Armed Forces recently wrapped up a joint military exercise aimed at enhancing cooperation and boosting operational readiness in special operations...

Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

Revealing ''The Spy Who Betrayed Makarios''

Revealing ''The Spy Who Betrayed Makarios''

A new book, The Spy Who Betrayed Makarios by Giorgos A. Georgiou, sheds light on intelligence operations in Cyprus from 1960 to 1974, exposing the recruitment of a key agent within President Makarios’ inner circle....

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