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121. Fewer Americans expected in Cyprus this summer as travel costs rise

Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...

122. Alexandroupolis and Cyprus in Ankara's ''crosshairs''

From the upgrading of Alexandroupolis as a naval base to the military support of Cyprus, the strategic rearrangement of the region raises serious questions about the future security balances in the Mediterranean and the Balkans....

123. Weed wipeout as authorities seize 1,450 cannabis products

More than 1,450 cannabis-based products were seized by police in 2024 and January 2025....

124. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

125. €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....

126. EU warns of strong response to possible US tariffs

The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....

127. Old GSP redevelopment nears completion, set to transform Nicosia’s historic centre

The long-anticipated redevelopment of the old GSP stadium in the heart of Nicosia is set to be handed over to the public this month, marking a major step in the revitalization of the capital’s historic centre....

128. Hunters meet with Justice Minister to discuss anti-poaching efforts

The fight against poaching was the central topic of a meeting Monday between the Hunting Federation and the Minister of Justice....

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

130. Tragic situation at the dams - Closer to a nightmare scenario

The water flow into the dams during January 2025 are not only not in line with our expectations, but brought us closer to the nightmare scenario of a water emergency situation....

131. Cyprus ended 2024 with a banking boom as loans and deposits surged

Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...

132. Paphos crematorium plans go up in smoke

The construction of Cyprus’ first crematorium, planned for the Paphos region, has been pushed back to 2026....

133. Abu Dhabi’s PureHealth expands into Cyprus

Cypriot citizens may soon see noticeable changes in their healthcare services following a significant acquisition deal involving PureHealth, an Abu Dhabi-based healthcare company....

134. Israeli airlines suspend flights to Paphos over security concerns

Israeli airlines EL AL, Arkia, and Israir will now land exclusively at Larnaca International Airport due to a directive issued by Israel’s Internal Security Agency late Sunday night....

135. Long-awaited highway finally on track with €330 million price tag

The long-delayed Polis Chrysochous-Paphos highway project, now estimated to cost a staggering €330 million, is finally moving forward with a completion target set for 2030-2032....

136. Data center emissions skyrocket 662% beyond what they claim

A analysis by The Guardian reveals that the actual greenhouse gas emissions from Google, Microsoft, Meta, and Apple’s data centers may be 7.6 times higher than what these companies officially report....

137. It was a low bar

The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...

138. Lidl strengthens its international commitment to conscious nutrition together with WWF

Lidl is advancing its commitment to conscious nutrition by further aligning its product range with the Planetary Health Diet (PHD)1 by 2050. By 2030, Lidl will increase the proportion of plant-based foods sold, such as plant-based protein sources, whole grains, fruits and vegetables, by 20 percent compared to 2022. As the first retailer to apply WWF’s methodology across all 31 Lidl countries with stores, Lidl brings transparency to its offerings across all food groups, empowering customers to make more environmentally conscious and healthier choices. To address global challenges, like climate change, biodiversity loss and diet-related diseases we need to transform our food system2....

139. €14.7 million U.S.-backed upgrade to transform Cyprus airbase

The official announcement regarding the upgrade of the ''Andreas Papandreou'' airbase by the U.S. undoubtedly strengthens bilateral relations between the two countries....

140. Construction permits surge in 2024 but stumble in August due to system hiccups

Building activity in Cyprus showed strong momentum in the first eight months of 2024, with construction permits climbing 8.6% compared to the same period in 2023....

141. 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....

142. Cypriots losing confidence in solar energy amid frequent shutdowns

In recent years, Cyprus has been pushing hard to adopt renewable energy, particularly solar energy, by encouraging homeowners to install photovoltaic (PV) systems. ...

143. Demetra shareholders face tough decision over Logicom’s €1.55 offer

The decision facing thousands of shareholders of Dimitra Investment is not an easy one....

144. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

145. Important changes coming to GHS medicine prices

The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....

146. Paphos-Polis motorway project faces €10 million cost increase and delays

The budget for the design and construction of the Paphos-Polis Chrysochous Motorway has risen by €10 million, with the total cost now estimated at approximately €95 million. ...

147. Cyprus smashes tourism records with over 4 million visitors in 2024

Cyprus is celebrating a record-breaking year for tourism, with 2024 marking the first time the island welcomed over four million visitors. A total of 4,040,200 tourists arrived last year, surpassing the previous record of 3,976,777 set in 2019. ...

148. Deadly crash in Kyrenia claims lives of mother and daughter

In a tragic incident early this morning, a 41-year-old mother and her 12-year-old daughter lost their lives in a traffic accident in the occupied Bogazi district of Kyrenia....

149. Cyprus Tax Department going after football clubs over unpaid debts

The Cyprus Tax Department is moving forward with plans to issue indictments against all football clubs in the country that have outstanding debts to the state, regardless of the size of the amounts owed. ...

150. Clear skies but watch out for the dust!

Good morning, and happy Friday! The weekend is just around the corner, and the weather is mostly cooperating—but let’s talk about the elephant in the room: the dust. ...