Search

31. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

32. Green Monday: A breath of fresh air to welcome Lent

Today, Cyprus is buzzing with life as families and friends head outdoors to celebrate Green Monday, or Kathará Deftéra – a beloved tradition that marks the start of Lent in the Orthodox calendar....

33. 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....

34. Supreme Court upholds rejection of citizenship appeal

The Supreme Constitutional Court has dismissed an appeal by a foreign national challenging the rejection of their Cypriot citizenship application....

35. Coral says farewell, and the rain comes to play!

A playful mix of sunshine, sneaky showers, and a touch of frosty mischief, with warmer days tiptoeing closer....

36. Cypriots slow to embrace digital ID cards

Demand for digital identity cards (eIDs) in Cyprus has fallen short of expectations since the program's launch in January 2025....

37. The far right is growing, and ‘good vibes’ won’t be enough to stop it

38. Supreme Court ruling forces ''haircut'' victims to district courts

The Cyprus Supreme Court has confirmed that cases related to the controversial 2013 ''haircuts'' at Bank of Cyprus and Laiki Bank must be heard by District Courts, not the Administrative Court, according to a statement from the Legal Service. ...

39. Cyprus ignored 57 EU warnings about deadly Takata airbags—Why?

Since 2019, the EU’s early warning system, Rapex-Safety Gate, has issued 57 alerts about defective Takata airbags, classifying the risk as "injuries" and warning that if deployed, metal fragments could injure or kill vehicle occupants. ...

40. Death of Thanasis Nikolaou – Stavrianos’ appeal rejected

The Supreme Court Plenary has rejected the appeal of forensic pathologist Panikos Stavrianos in the case of Thanasis Nikolaou’s death....

41. 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—...

42. The Road to Prosperity

Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....

43. From Greece to the Balkans, Steve Bannon warns of the looming threat of World War III

Steve Bannon, former White House strategist and controversial figure behind the MAGA movement, has made his home and podcast headquarters in one of Washington, D.C.'s most prestigious neighborhoods, just a stone’s throw from the U.S. Capitol....

44. Struggling families at risk of losing homes on government-granted land

Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....

45. USAID shutdown leaves Cyprus-based employees in uncertainty

The Trump administration’s abrupt decision to shut down the U.S. Agency for International Development (USAID) has left many of its global employees, including those stationed in Cyprus, in limbo....

46. Multiple pensions on their last leg

With public statements from both Parliament and the Presidential Palace setting high expectations from the outset, the issue of multiple pensions for state officials is now reaching its decisive phase....

47. 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....

48. Cyprus moves to ease car recall chaos with rental cars and free bus passes

The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....

49. New garbage tax could mean higher costs for citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

50. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

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

52. Partly cloudy with a side of maybe

Good morning, sun chasers and cloud watchers! Today, Mother Nature is serving up a mostly clear sky with just a sprinkle of breeze—nothing too dramatic, just a polite 3 to 4 Beaufort from the northeast to southeast....

53. The decay of Limni Pier: A forgotten landmark in Paphos (VIDEO & PHOTOS)

Limni Pier, located on the coast near Polis Chrysochous, is a relic of Cyprus’s industrial past....

54. Cyprus’ housing is in crisis as foreign buyers take over the market

As housing becomes an increasingly pressing issue for the majority of Cypriots, Parliament is opening up a debate on the surge in real estate purchases by third-country nationals....

55. A breezy, sunny stretch with a hint of weekend mystery

Good news, sun lovers—mild high pressure is keeping things bright and cheerful today! Expect mostly clear skies with a gentle breeze blowing from the northeast to southeast at 3 to 4 Beaufort....

56. ''Police have never seen a child so badly abused...''

The atmosphere outside the Heraklion courthouse is tense as people gather to await the testimonies of the 26-year-old mother and her 44-year-old partner for the abuse of little Angelos, who is fighting for his life in the ICU of Heraklion University General Hospital....

57. 36.1% of Cypriot women affected by gender violence

A recent European survey has revealed alarming figures about gender-based violence in Cyprus, showing that 36.1% of women have experienced physical violence, threats, or sexual violence, either from a partner or another individual....

58. Holier than Thou, but stuck in the Middle Ages

"I want to lead a saintly life, but the devil won’t let me," was a saying my late grandmother often repeated. ...

59. New lending boosted by interest rates and government plans

A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....

60. The rains have arrived. A refreshing change for Cyprus!

Good news, everyone (or maybe not for some)! The rains have finally come to refresh us. ...