CYPRUS PROBLEM New café to open inside closed Famagusta, sparks debate Newsroom The so-called ''mayor'' of the occupied area of Famagusta, Suleiman Ulucai, announced plans for a new beach restaurant to open this summer inside the closed-off city of Varosha, raising fresh tensions amid the ongoing division of Cyprus. READ MORE
Fake Ariel detergent scheme busted in Europe Latvian police uncover 22 tons of counterfeit products tied to organized crime, causing €739,000 in damages. Newsroom 27/11/2024 | BUSINESS
Eurobank’s €1.2 billion investment in Cyprus signals confidence Recent share purchases push Eurobank’s stake in Hellenic Bank, with potential plans for further expansion. Newsroom 27/11/2024 | BUSINESS
Cyprus receives major credit rating boost from Moody’s Cyprus’ credit rating to A3 reflects Cyprus’ improved economy, lower debt, and steady growth, helping the country borrow ... Newsroom 27/11/2024 | BUSINESS
Greek hoteliers sue booking.com over equal pricing rules Hoteliers claim Booking.com's rules hurt their business, and they're seeking millions in damages. Kathimerini Greece Newsroom 26/11/2024 | BUSINESS
Cyprus DOT warns drivers about Takata airbag recalls: Check your car now Vehicle owners urged to regularly check for recalls and ensure their cars are safe, especially if they have defective Takata ... Newsroom 26/11/2024 | BUSINESS
200 foreign companies and 1,200 new jobs in Cyprus in six months Foreign companies flock to Cyprus, boosting jobs and economic growth Newsroom 26/11/2024 | BUSINESS
Trump plans massive tariffs on imports from Mexico, Canada, and China The President-elect’s plan could spark economic chaos, raising costs for businesses and consumers while escalating trade ... Newsroom 26/11/2024 | BUSINESS
Eurobank acquires full control of Hellenic Bank Major shareholder transfer solidifies Eurobank's position in the Cyprus banking sector Newsroom 25/11/2024 | BUSINESS
Paphos FC owner among 77 investors stripped of ''golden passports'' Cyprus revokes citizenships in sweeping crackdown on abuses of its investment program. Newsroom 25/11/2024 | BUSINESS
CYPRUS PROBLEM
