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331. 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....

332. Greeks call for accountability 2 years after Tempe train tragedy

Two years after one of Greece’s worst railway disasters, the country is still reeling from the February 28, 2023, crash in Tempe, where 57 lives were tragically lost....

333. Cyprus rolls out the red carpet for civil servants

A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....

334. Fintech giants eye Cyprus' small banks in race for European banking licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

335. Cyprus government unveils €60M investment plan to boost agriculture

The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...

336. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...

337. Bank of Cyprus cancels plan to sell JCC Payment Systems

The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....

338. Cyprus government gives hotels deadline to get licensed or face closure

The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...

339. Sklavenitis reopens first renovated Papantoniou supermarket in Engomi

The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....

340. Bank of Cyprus posts €508M profit for 2024

Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....

341. Cyprus scores above EU average in Life Satisfaction Survey

A recent Eurostat survey has revealed that life satisfaction in the European Union (EU) averaged 7.3 out of 10 in 2023....

342. Are rules only for some? Illegal Latchi hotel expansion set to be approved

A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...

343. UK tightens noose on Putin’s inner circle with new sanctions

Nearly a year after the death of Russian opposition leader Alexei Navalny, the UK has announced a fresh wave of sanctions aimed at individuals with close ties to Vladimir Putin....

344. Parallel projects on Tseriou Ave cause confusion amid €33M overhaul

The redevelopment of Tseriou Avenue consists of two parallel projects, creating confusion in the area and significant inconvenience for shopkeepers and residents....

345. Wizz Air celebrates 9 million passenger milestone in Cyprus

Wizz Air, EMEA’s most environmentally sustainable airline , proudly announces a major milestone in Cyprus, surpassing 9 million passengers transported to and from Larnaca International Airport since launching operations in the country. ...

346. Cyprus improves corruption ranking, but challenges remain

Cyprus has made progress in its fight against corruption, according to Transparency International's 2024 Corruption Perceptions Index (CPI)....

347. Women in Cyprus inch toward equality in science

The number of women working in science across the European Union has been on the rise....

348. The fight for dignity: New proposal seeks to end hate speech against the elderly and disabled

Cyprus Parliament is considering a proposal to criminalize hate speech and incitement to violence against individuals based on age or disability....

349. Shortcomings in Cyprus citizenship and immigration processes

A recent audit of the Department of Population and Immigration (DPI) has revealed significant delays in the processing of citizenship applications, particularly those based on marriage to a Cypriot citizen....

350. Drifting 17 kilometers nonstop on ice: A GUINNESS WORLD RECORDS™ title for the Taycan

A few days ago, the Porsche Experience team in Lapland set a GUINNESS WORLD RECORDS title for the longest continuous vehicle drift on ice by an electric vehicle: ...

351. EU's renewable energy progress in transport outpaces Cyprus

According to recent data from Eurostat, the EU saw an increase in the share of renewable energy in transport in 2023 compared to 2022, while Cyprus's share remained largely unchanged....

352. Takata airbag crisis and Cyprus's failure to act

The case with the problematic car airbags and the authorities rushing in to try to withdraw vehicles with defective Takata airbags from circulation reveals the enormous responsibilities of those who handled the issue politically and technocratically over the last thirteen years....

353. A new home for Jewish education coming to Cyprus

A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....

354. Millions spent, little progress: How Government failures derailed the Paphos-Polis road project

The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...

355. Cypriot judge banned for score fixing to secure Cyprus an Olympic spot

A top Cypriot rhythmic gymnastics judge has been banned for four years after an investigation found she manipulated scores to help a fellow Cypriot qualify for the Paris Olympics....

356. Trump sanctions ICC in defense of Netanyahu

Former U.S. President Donald Trump has imposed sanctions on the International Criminal Court (ICC), blasting its actions as ''illegal and unjustifiable'' after it issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant....

357. High-rise towers to replace historic KEAN factory in Limassol

358. Cyprus' mountain resorts see revival with government’s hotel upgrades

Cyprus' mountain resorts are seeing a business boom, thanks to a government-backed subsidy scheme aimed at upgrading hotels and tourist accommodations. ...

359. Rate hikes got you down? Bank of Cyprus has €2 Million (with strings attached)

Bank of Cyprus, perhaps feeling a twinge of sympathy for mortgage holders grappling with those pesky European Central Bank interest rate hikes, has unveiled a €2 million rewards program....

360. Weed wipeout as authorities seize 1,450 cannabis products

More than 1,450 cannabis-based products were seized by police in 2024 and January 2025....