Search

1. 31-year-old arrested in connection with Demosthenous murder

Authorities have taken a 31-year-old suspect into custody in relation to the murder of 49-year-old Stavros Demosthenous, who was killed on 17 October 2025 in Limassol....

2. Two Greek arrests linked to Limassol mafia murder to be extradited to Cyprus

Two 28-year-old cousins arrested in Thessaloniki have agreed to be extradited to Cyprus, where they are facing prosecution over the October 17 killing of 49-year-old Stavros Demosthenous in Limassol. Both men, expatriates from Georgia, had been living in Cyprus and fled to Greece shortly after the murder....

3. Fairfax bets big on Cyprus with stake in Eurobank Insurance

Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....

4. We are entering the era of combating corruption

He turned it this way and that, spoke of a “Riviera” and the displacement of residents, let Israel’s zealots dream of annexation. And yet, somehow, Donald Trump did it (did he?). ...

5. Cyprus seeks U.S. military equipment, joins EU defense program

The Cyprus National Guard is preparing to expand its arsenal with U.S. military aircraft, helicopters and armored vehicles, part of a broader effort to modernize its forces and deepen defense ties with Washington and the European Union....

6. U.S. lawmakers demand release of seniors detained in occupied area

U.S. lawmakers are urging Secretary of State Marco Rubio to step in after five elderly Greek Cypriots were arrested while visiting their ancestral homes in areas of Cyprus controlled by Turkey....

7. UNIC Athens: Licensed for Establishment and Operation in Greece by the Ministry of Education, Religious Affairs and Sports

The Greek Ministry of Education, Religious Affairs and Sports has authorised the University of Nicosia (UNIC) to establish UNIC Athens, its non-profit branch/campus in Greece, in a decision which strengthens UNIC’s long-standing academic partnership with the country....

8. U.S. Congress targets Turkey’s occupation of northern Cyprus in security review

A new amendment in the U.S. House of Representatives has put Turkey’s ongoing occupation of northern Cyprus under fresh congressional scrutiny, calling for a thorough assessment of the security risks it may pose to the United States and its allies....

9. September 1 to mark historic merger of Hellenic Bank and Eurobank Cyprus

On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island....

10. Three-Day Tribute to Mikis Theodorakis in Limassol

On the occasion of the centenary of the birth of the iconic Greek composer Mikis Theodorakis (1925–2025), the Cyprus Academy of Sciences, Letters and Arts and the University of Limassol...

11. 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....

12. 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....

13. 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....

14. ''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....

15. 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....

16. 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....

17. 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....

18. 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....

19. 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....

20. 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....

21. 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....

22. 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....

23. 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. ...

24. 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....

25. 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....

26. 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....

27. 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, ...

28. 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....

29. 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....

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