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541. Cold snap damages solar water heaters

The recent icy temperatures sweeping across Cyprus haven’t just hit crops hard—they’ve also wreaked havoc on solar water heaters in homes across the island. ...

542. Farmers battle brutal frost as ‘Coral’ cold front devastates crops

The bitter cold brought by the Coral weather system has left Cyprus' farmers reeling as frost has destroyed their hard-earned crops overnight....

543. 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. ...

544. Cypriot businesses set their sights on the U.S.

For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....

545. Putin gives green light for western companies to return, but on Russia's terms

Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....

546. Carnivals are a celebration of life, even during tough times

"You're only good for carnivals"—a common refrain heard every year during the Limassol Carnival, often spoken with a moralizing, didactic tone by those who disdain the mass, rambunctious, and carefree celebration....

547. Over €42,000 in uncovered payments issued in January

In January 2025, a total of €42,062 worth of bounced cheques were issued in Cyprus....

548. 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....

549. FT: Chinese warships near Sydney spark tension

The Australian navy is closely monitoring a Chinese naval task group sailing 150 nautical miles east of Sydney—the furthest south the Chinese navy has ventured along Australia’s east coast. ...

550. 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....

551. 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....

552. 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,''...

553. Lidl Cyprus goes ahead with new additional financial benefits of €450,000

Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....

554. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

555. Big US companies borrowing in Europe to save money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

556. 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....

557. IGC Business & Investment Council Launched in India

The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...

558. Bizarre paramilitary group in Cyprus under investigation

A strange and alarming case has emerged in Cyprus, where authorities are investigating a shadowy group that claims to operate under its own legal and military codes, disregarding the authority of the state....

559. 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....

560. Christodoulides to visit US in April to boost Cyprus investments

President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...

561. Audit office wants big changes to land program for low-income families

The Audit Office has called for a major revision of the Land Allocation Plan for low-income families....

562. Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9 billion market cap milestone

Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....

563. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

564. Hotels cannot retain guest ID copies, Commissioner warns

565. Implement a national strategy for people with autism, says Demetriou

Annita Demetriou, emphasized the need for a strengthened national strategy supporting individuals with autism....

566. 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,...

567. 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....

568. Faulty airbags, political theatrics, and a President playing Messi

The faulty airbag saga isn’t going away anytime soon, as car owners across Cyprus (which, let’s be honest, means practically everyone—good luck finding a family without at least one problematic vehicle) are refusing to shoulder the extra costs....

569. Consulco's newest investment opportunity, Compartment C

Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...

570. 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....