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1. Who’s really behind the €500K school donation?

Questions over a €500,000 contribution that has dominated public debate in recent days were addressed Wednesday by Deputy Minister to the President Irini Piki during a Parliamentary Institutions Committee session on the Independent Social Support Authority....

2. Top Cyprus officials’ salaries made public, judges earn more than President

The monthly paychecks of Cyprus’ top officials have been made public, and the numbers reveal a surprise: while the president tops the salary scale on paper, some senior judges actually take home more money....

3. 1,800 scholarship applications pending after First Lady’s resignation

About 1,800 scholarship applications for the 2025/2026 academic year are awaiting review following the resignation of First Lady Philippa Karsera Christodoulides from her post as President of the Independent Social Support Body....

4. Reforms are not done this way

Teachers, who are at the forefront of the reform, have voiced their disagreements, noting that the increased costs are not matched by an end to the practice of leveling down. So far, this has resulted in a brief work stoppage, accompanied by the predictable disruption....

5. Public Service Commission names four new general directors of ministries

The Public Service Commission has announced the appointment of four individuals to fill vacant positions as General Directors across various government ministries....

6. The Future of Finance: Five key trends shaping the role of finance leaders by 2026

Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....

7. Cyprus foundation supports thousands of students facing financial hardship

More than 1,000 students in Cyprus received financial support this year from the Independent Social Support Agency (ISSA), a foundation dedicated to ensuring that no young person is forced to abandon higher education due to financial difficulties....

8. Race heats up for Cyprus Banking Association’s top job

After two decades at the helm, Michalis Kammas will step down as general manager of the Cyprus Banking Association by the end of the year, opening the door for a new face to lead the country’s powerful banking lobby....

9. BOC reports €235M in profits, but what does that actually mean for the rest of us?

10. Public raises €1.2 million for Limassol fire victims

Accountant General of the Republic of Cyprus Andreas Antoniades told CNA that approximately 1.2 million euro had been donated by the 30th of July in the bank account opened by the government at the Central Bank of Cyprus to collect donations for the victims of the Limassol wildfire. ...

11. Compensation for fire victims: Registration in the FIMAS System required

he District Administration of Limassol has sent forms to the fire-affected communities to be completed by those claiming compensation for their properties damaged by the devastating wildfire and who are not already registered in the Integrated Administrative and Financial Information System of the General Accounting Office (FIMAS)....

12. Cyprus' family businesses are struggling to survive, experts warn

Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....

13. Collaboration between CIM Cyprus Business School and EY Cyprus Ltd

EY Cyprus Ltd, in collaboration with CIM Cyprus Business School, has launched the EY Learn & Earn Program — a unique initiative developed with the strong support of ACCA....

14. PwC Cyprus organizes consecutive leadership events designed to equip family and small businesses with strategic insights and practical tools to foster growth.

PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...

15. Say it isn’t so: The Trump–Elon bromance blows up online

Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....

16. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

17. Deloitte Cyprus welcomes two new partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

18. Christianna Diogenous, Georgios Kazantzis and Joseph Antoniou to speak at the Green Agenda Cyprus Summit

This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....

19. Businesses call for simpler, fairer tax reform in Cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...

20. Exciting News: New Leadership Appointments at K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....

21. Who’s really raking it in? A peek at Cyprus’ government salaries

The latest update from the General Accounting Office of the Republic has revealed the salaries of Cyprus’s state officials, effective from January 1, 2025....

22. 73-year-old woman and daughter lead family-run sex trafficking ring in Athens

In a dramatic operation earlier this week, Greek police, in collaboration with NGOs OUR RESCUE and A21, dismantled a large sex trafficking ring allegedly run by a 73-year-old woman, known only as ''Marina,''...

23. How Abramovich evaded millions in taxes using Cyprus

A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....

24. Cablenet welcomes Velisarios Masouras as Chief Financial Officer

Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024....

25. 180° turnaround

We hired communication consultants to rebuild our name and reputation....

26. New rules could see AVAX take over Paphos–Polis road project

The government is stepping up efforts to strengthen the framework for public works contracts following the unfortunate cancellation of the Paphos–Polis Chrysochous road project....

27. K. Treppides & Co Ltd Director George P. Nicolaou Honored with Young Dragon Awards Nomination

The nomination of George P. Nicolaou, director at K. Treppides & Co Ltd, for the prestigious Young Dragon Awards marks a significant milestone for both him and the company....

28. Cyprus finance chief moved amid questions over government transparency

Papnayiotis Rougalas reports in this Sunday's Kathimerini that the Council of Ministers of Cyprus announced a significant reshuffle on Thursday,...

29. The New Era of Accounting Services: A Complete Solution for CFOs

Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....

30. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...