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1. December Newsletter of K. Treppides & Co Ltd – 5/12/2025

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....

2. Lawmakers pass bill to cancel refugee protection in certain cases

On Thursday evening, the House of Representatives passed a new law that updates the country’s rules on asylum and refugee protection. ...

3. Thousands of Airbus jets temporarily grounded for radiation-linked software fix

Airbus has ordered a large portion of its single-aisle fleet to undergo an urgent software correction after engineers confirmed that bursts of solar radiation can disrupt the computers that manage altitude readings on certain aircraft....

4. EU launches legal action against 26 member states, including Cyprus, over energy efficiency delays

The European Commission has initiated formal infringement proceedings against 26 EU Member States, including Cyprus, for failing to integrate the Energy Efficiency Directive (EU) 2023/1791 into their national laws. ...

5. EU sends warning to Cyprus over firearms law

The European Commission has formally warned Cyprus, along with Bulgaria, Denmark, and France, for failing to properly implement key provisions of the EU’s firearms directive....

6. ''Enough is enough'': Atlantica Hotel staff strike in Limassol

Employees at three Atlantica hotels in Limassol staged a surprise walkout Friday, accusing the company of ignoring their contracts and undermining their union rights....

7. European University Cyprus to host major international conference on Assistive Technology

“Every person with a disability has the right to have access to appropriate and affordable assistive technologies” according to Evert-Jan Hoogerwerf, Secretary General of the Association for the Advancement of Assistive Technology in Europe, who was in Cyprus recently to prepare for the Association’s biannual conference this autumn....

8.  Bacteria levels prompt swimming warning at Agia Varvara beach

Authorities have advised the public to avoid swimming at Agia Varvara (Santa Barbara) beach in the coastal town of Agios Tychonas after water tests detected high levels of bacteria....

9. BirdLife Cyprus and Terra Cypria warn Natura 2000 sites remain unprotected

BirdLife Cyprus and Terra Cypria have issued a warning that Natura 2000 sites, the country’s most valuable areas for biodiversity, remain largely unprotected due to delays in legal protections....

10. July Newsletter of K. Treppides & Co Ltd – 18/07/2025

11. EU Commission targets Cyprus and others countries in broad legal crackdown

The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....

12. Millions in Cyprus pollution fees diverted from green goals, critics say

Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....

13. Cyprus approves electricity grid storage projects to boost energy reliability

The Cyprus Energy Regulatory Authority (CERA) has approved the Cyprus Transmission System Operator’s (TSOC) request to develop and operate large-scale energy storage systems integrated into the national electricity grid....

14. The LIFE Pharma Detox System Offers Solutions to Pharmaceutical Pollution

Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....

15. PwC Cyprus sponsors the Reflect Festival 2025 - the Premier Tech & Entrepreneurship Event Connecting Europe, Africa, and the Middle East

PwC Cyprus once again took center stage at Reflect Festival 2025, held on 15-16 May in Limassol, reaffirming its commitment to fostering innovation and leadership in the business world....

16. New 15% tax hits Hellenic and other banks

Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....

17. Cyprus taken to EU court (again) over dangerous, unfinished landfills

The European Commission has decided to drag Cyprus back to the European Court of Justice, this time over a long-standing failure to clean up two problematic landfills that have been sitting idle but unsafe for years....

18. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

19. Big pharma challenges EU over wastewater treatment costs

A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....

20. March Newsletter of K. Treppides & Co Ltd – 19/03/2025

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. ...

21. Concerns raised over dog training decree in protected Natura 2000 areas

The Office of the Commissioner for the Environment and Animal Welfare has called on the Game and Wildlife Service to immediately revoke the Decree concerning the 13 protected areas within the Natura 2000 Network....

22. Cyprus demands flexibility on migrant returns, challenging EU approach

In a forceful appeal at the EU Justice and Home Affairs Council in Brussels, Deputy Minister of Migration and International Protection Nikolas Ioannidis made it clear: Cyprus will not accept a one-size-fits-all approach to migrant returns....

23. 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....

24.  Unique protected species in Europe killed at the Mavrokolympos Dam

A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...

25. 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....

26. Europe at a crossroads: Act now or fade into irrelevance

Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....

27. New EU directive to shake up electricity pricing in Cyprus

28. 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....

29. Banks announce 1% interest rate reduction

Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....

30. Cyprus plans big changes for better waste management

The Ministry of Agriculture, Rural Development, and Environment announced plans to upgrade Cyprus' waste management infrastructure,...