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1. Devastating wildfires rage across multiple fronts in Greece

Firefighters across Greece are locked in a desperate battle against dozens of raging wildfires, with strong winds hampering efforts to contain the flames....

2. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

3. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

4. ''Safety Concerns'' or just a tax grab?

A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....

5. Big Greek players move in on Cyprus' signature cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

6. New seasonal fee introduced for cruise stops at Greek islands

Cruise passengers visiting Greek islands will now pay a seasonal disembarkation fee, following the implementation of a new measure by the Greek government that takes effect on July 21....

7. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

8. Deposit rates fall for households and businesses, while mortgage rates climb

Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....

9. Eurobank Group to Build Care Centre and Independent Living Residences for People with Disabilities

In a firm commitment to social inclusion and care of vulnerable groups, Eurobank is reinforcing its social role by announcing the development of a Day Care Centre for People with Disabilities over the age of 21, along with two Independent Living Residences for adults with autism....

10. Eurobank eyes dual listing on Cyprus and Athens stock exchanges after Hellenic Bank exit

Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....

11. Cyprus offers support as wildfire rages in Chios

Cyprus has expressed readiness to assist Greece in battling a large wildfire on the island of Chios, authorities said Monday....

12. CNP Cyprus rebrands as ERB after €182M acquisition by Hellenic Bank

By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....

13. Good news for borrowers as ECB to cut interest rates

The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...

14. Nicosia’s new square debuts tonight with the Epic Street Fest

The wait is over. Nicosia’s brand-new square at the old GSP stadium is officially opening its doors tonight, and it’s doing so with a bang....

15. Piano tour returns with recital at the Rock of Aphrodite

The Avantgarde Cultural Foundation is launching this year’s edition of The Piano Tour with a recital at one of Cyprus’s most storied locations....

16. Cyprus welcomes first two H145M helicopters to boost national guard

Cyprus took a big step forward in modernizing its defense capabilities with the official arrival of the first two H145M helicopters at the “Andreas Papandreou” Air Base in Paphos on Wednesday....

17. Nicosia gears up for the ultimate summer street fest on June 3

Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...

18. Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank

The new bank that will emerge from the much-anticipated merger between Hellenic Bank and Eurobank Cyprus will operate under a single name: Eurobank....

19. Green Agenda Cyprus Summit 2025: Paving the way for a greener future

As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....

20. Eurobank | Limassol welcomed the 1st India-Greece-Cyprus Business Forum

21. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

22. Grigorios Kamperis, Nicholas Argyrou, George Louka and Elias Kokkinos to speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference will focus on supporting and strengthening Cyprus’s national strategy for the Green Transition....

23. Pavlos Photiades, Alexandros Charalambides, and Constantinos Hadjigeorgiou to Speak at Green Agenda Cyprus Summit

The Green Agenda Cyprus Summit 2025 is gearing up to support and strengthen the country’s national strategy for a green transition. Taking place on May 19 at the Hilton Hotel in Nicosia,...

24. Cyprus borrowers are back as loan demand soars in 2025

Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....

25. Banana container concealed €1.6M in cocaine, Greek authorities say (VIDEO)

Authorities in Thessaloniki have seized nearly 58 kilograms of cocaine hidden inside a shipping container carrying bananas from Ecuador, officials said Tuesday....

26. 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....

27. Elderly man in Attica accidentally discards €20,000 in recycling bin

A remarkable incident unfolded in Attica when a 69-year-old man accidentally threw away €20,000 in a recycling bin....

28. 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....

29. Olympia Nisiforou, Constantinos Yiorkadjis, and George Chrysochos to Speak at Green Agenda Cyprus Summit 2025

This year’s Green Agenda Cyprus Summit will shine a spotlight on how Cyprus can step up its role in environmental protection and sustainable development. ...

30. Police bust Land Registry corruption ring

A major corruption scandal has come to light in Greece, where authorities have arrested nine people tied to bribery and backdoor dealings in public land registry offices across Attica....