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12° Nicosia,
29 April, 2025
 

News Stream

Government accused of using foreign companies to access citizen data

Government accused of using foreign companies to access citizen data

The Office of the Commissioner for Personal Data Protection clarified on Friday that no foreign or domestic company has direct access to government IT systems, records, or databases for issuing fines...

UK Cypriot man jailed for life

UK Cypriot man jailed for life

A UK Cypriot man who groomed and sexually abused a young girl has been sentenced to life imprisonment....

Paphos-Polis motorway project faces €10 million cost increase and delays

Paphos-Polis motorway project faces €10 million cost increase and delays

The budget for the design and construction of the Paphos-Polis Chrysochous Motorway has risen by €10 million, with the total cost now estimated at approximately €95 million. ...

F1's Bernie Ecclestone to part with iconic race car collection worth millions

F1's Bernie Ecclestone to part with iconic race car collection worth millions

Former Formula 1 boss Bernie Ecclestone, 94, is selling a portion of his legendary private grand prix car collection, a move he says reflects his desire to plan for the future of his prized vehicles. ...

Eurobank sells €27M stake in Demetra Holdings

Eurobank sells €27M stake in Demetra Holdings

In a significant financial move, Eurobank announced the completion of the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited. The deal, finalized on January 16, 2025, involved the sale of 17,152,353 shares at €1.55 per share, totaling approximately €27 million....

Cyprus smashes tourism records with over 4 million visitors in 2024

Cyprus smashes tourism records with over 4 million visitors in 2024

Cyprus is celebrating a record-breaking year for tourism, with 2024 marking the first time the island welcomed over four million visitors. A total of 4,040,200 tourists arrived last year, surpassing the previous record of 3,976,777 set in 2019. ...

Deadly crash in Kyrenia claims lives of mother and daughter

Deadly crash in Kyrenia claims lives of mother and daughter

In a tragic incident early this morning, a 41-year-old mother and her 12-year-old daughter lost their lives in a traffic accident in the occupied Bogazi district of Kyrenia....

Top Cyprus football clubs face big tax bills, risking legal trouble

Top Cyprus football clubs face big tax bills, risking legal trouble

Football clubs in Cyprus are facing mounting pressure from the Tax Department to settle their overdue debts. ...

Cyprus Tax Department going after football clubs over unpaid debts

Cyprus Tax Department going after football clubs over unpaid debts

The Cyprus Tax Department is moving forward with plans to issue indictments against all football clubs in the country that have outstanding debts to the state, regardless of the size of the amounts owed. ...

Sweden moves to strip citizenship for national security threats

Sweden moves to strip citizenship for national security threats

Sweden’s political parties have reached a consensus that dual citizens who commit crimes threatening national security should lose their citizenship. ...

Biden and Trump clash over credit for Gaza ceasefire deal

Biden and Trump clash over credit for Gaza ceasefire deal

After months of intense negotiations, a long-awaited ceasefire agreement in Gaza was finally achieved, but not without a little drama over who should take the credit. ...

Lidl Cyprus donates 108.307,80€ to the Cyprus Anti-Cancer Society, supporting its great work for yet another year

Lidl Cyprus donates 108.307,80€ to the Cyprus Anti-Cancer Society, supporting its great work for yet another year

For the 12th consecutive year, the company remains a steadfast supporter of the Society’s valuable work, actively supporting initiatives that promote the care and respect for the dignity and quality of life of people with cancer....

Why are Cypriot businesses being sold off to foreign interests?

Why are Cypriot businesses being sold off to foreign interests?

Greek businesses have made a significant impact on the Cypriot market, investing across virtually every sector—from real estate and hospitals to supermarkets, toy stores, energy, electronics, car dealerships, and even banks....

Israel reaches hostage deal amid coalition threats

Israel reaches hostage deal amid coalition threats

In a dramatic turn of events, Israeli Prime Minister Benjamin Netanyahu’s office confirmed early this morning that an agreement has been reached to secure the release of hostages held in the Gaza Strip....

US lifts arms ban, giving Cyprus new defense opportunities

US lifts arms ban, giving Cyprus new defense opportunities

In a landmark decision, US President Joe Biden, shortly before leaving the White House, included the Republic of Cyprus in key US security assistance programs. ...

Clear skies but watch out for the dust!

Clear skies but watch out for the dust!

Good morning, and happy Friday! The weekend is just around the corner, and the weather is mostly cooperating—but let’s talk about the elephant in the room: the dust. ...

Cambridge law student sues over PhD failure

Cambridge law student sues over PhD failure

A Cambridge University law student has filed a lawsuit against the prestigious institution, claiming disability discrimination after failing his PhD and delaying his career as a barrister....

Historic Italian island faces Sotheby's auction unbeknownst to local residents

Historic Italian island faces Sotheby's auction unbeknownst to local residents

Local residents of Bacoli, near Naples, were left stunned and disheartened when it was announced that the historic Punta Pennata island is being auctioned off by Sotheby’s. ...

Supreme Court upholds government's right to reclaim Turkish Cypriot property

Supreme Court upholds government's right to reclaim Turkish Cypriot property

In a significant ruling on January 9, 2025, the Cyprus Supreme Court upheld the State's actions to recover a Turkish Cypriot residence without the need for an eviction order. ...

Sexual harassment allegations rock Cyprus sports

Sexual harassment allegations rock Cyprus sports

The Police are currently investigating a sexual harassment case involving a female soccer player after an official complaint was filed. ...

ECHR tells Cyprus, ''Pay up for buffer zone property used by UN''

ECHR tells Cyprus, ''Pay up for buffer zone property used by UN''

In a landmark ruling, the European Court of Human Rights (ECHR) has ordered Cyprus to compensate a British national for the use of her house in the buffer zone by UN peacekeeping forces without paying rent....

Golden passport scandal: Trial postponed for ex-Minister and associates

Golden passport scandal: Trial postponed for ex-Minister and associates

The high-profile case involving naturalizations under the Cyprus Investment Program has been postponed, with proceedings now set to resume on March 18, 2025....

Depositors affected by 2013 banking crisis to be compensated in May

Depositors affected by 2013 banking crisis to be compensated in May

Cypriots who lost their savings during the 2013 banking crisis will finally begin receiving compensation this May, according to Finance Minister Makis Keravnos. ...

January Newsletter of K. Treppides & Co Ltd - 03/01/2025

January Newsletter of K. Treppides & Co Ltd - 03/01/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

Cyprus National Guard to modernize with U.S. arms

Cyprus National Guard to modernize with U.S. arms

The Republic of Cyprus’ formal accession to the U.S. Foreign Military Sales programs, Excess Defense Articles, and Title 10 security assistance programs marks a significant milestone in the strategic strengthening of relations between Nicosia and Washington. ...

Over 69,000 migrants arrive in East Med as Cyprus faces rising numbers

Over 69,000 migrants arrive in East Med as Cyprus faces rising numbers

In 2024, Cyprus found itself in a challenging situation as one of the two EU regions where irregular arrivals of migrants and refugees actually increased, according to new data from Frontex, the European Border and Coast Guard Agency....

Car fire shuts down lane on Nicosia-Larnaca highway

Car fire shuts down lane on Nicosia-Larnaca highway

A vehicle fire on the Nicosia-Larnaca highway caused some disruption this morning, leading to the closure of one lane just before the Rizoelia roundabout....

Unions push back on new foreign worker rules

Unions push back on new foreign worker rules

Trade unions are clashing over the proposed framework for regulating the employment of workers from third countries. ...

Sunny skies with a dusty twist

Sunny skies with a dusty twist

Good morning, Cyprus! It’s a mostly sunny day ahead, but don’t let the clear skies fool you—there’s a fine layer of dust hanging around in the atmosphere. If you’re planning outdoor activities, keep that in mind and maybe reach for your mask if you’re sensitive to dust....

US greenlights defense aid to Cyprus in historic move

US greenlights defense aid to Cyprus in historic move

The White House has announced a landmark decision that directly impacts Cyprus and its role in the Eastern Mediterranean....

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