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61. Moody’s Nick Hill on financial risks and opportunities for 2025

In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....

62. British PM finally visits Cyprus – 53 years later, and just in time for more leaks

The British Prime Minister is in Cyprus today for a working visit. The last time a British Prime Minister visited Cyprus was 53 years ago. Yes, you’re thinking what we’re all thinking: before the Turkish invasion of 1974. ...

63. Money transfers in 10 seconds coming to Cyprus

Starting on January 9, 2025, Cyprus will join the rest of the SEPA zone (33 countries) in offering instant bank transfers, revolutionizing how payments are made....

64. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

65. Hellenic Bank CEO Michalis Louis on merger plans and Cyprus' future

According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....

66.  Debate intensifies over proposed 5% tax on bank profits in Cyprus

According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....

67. Cyprus in turmoil as labor disputes shake key sectors

According to a report by Dorita Yiannakou in today's 'Oikonomiki', labor disputes across several key sectors in Cyprus are causing widespread unrest, as workers and unions push for improved conditions and contract renewals....

68. Eurobank’s €1.2 billion investment in Cyprus signals confidence

According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....

69. Cyprus receives major credit rating boost from Moody’s

Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...

70. The President’s bold move: Passport revoked, secession on the horizon?

I begin with a bow to our dear young Nikos, who, with a fiery decision, didn't hesitate to take on everyone and everything by revoking the passport of the President of Paphos' football club, even though he himself is from Paphos and a fan of the team! Great balls of fire. Respect, Mr. President!...

71. Baby seal ''Panagis'' rescued after losing its mother (video)

A heartwarming rescue mission has brought hope to the Cypriot seas as baby seal ''Panagis'' was saved after the death of its mother due to complications during birth....

72. Laiki Bank liquidator raises €90.8 million for depositor compensation

According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....

73. Bank workers union sets sights on big move in Bank of Cyprus

Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....

74. Cyprus cracks down on prolonged standing in workplaces

Cyprus is stepping up efforts to protect workers from prolonged standing at their jobs, with a nationwide inspection campaign and stricter enforcement of new legislation aimed at improving workplace conditions....

75. Hellenic Bank and employer's union settle long-running dispute

Hellenic Bank and Cyprus bank workers' union ETYK have reached an agreement to fully implement their collective agreement, bringing an end to a prolonged dispute that caused uncertainty and disruption at the bank, according to a statement from ETYK....

76. Cyprus police enhance financial crime fighting with FBI training

Cyprus police are receiving specialized training to tackle financial crimes, including money laundering and sanctions evasion, with significant assistance from the U.S. Federal Bureau of Investigation (FBI)....

77. Akamas road project delayed again as investigation continues

Decisions on key issues surrounding Akamas—particularly potential disciplinary proceedings for the first phase of the road network and the resumption of related work—are running behind schedule....

78. Parents concerned over nicotine pouches freely sold on market

Nicotine pouches, freely available in the market, are causing growing alarm among parents, as reported in an interview with Elena Panagiotopoulou, Director of Pharmaceutical Services, hosted by The Vanguard....

79. The weeks of the German language 2024

The Embassies of Austria, Germany, Switzerland, and the Goethe-Institut Cyprus organize for the 8th consecutive year ''The Weeks of the German Language'' from the 1st to the 26th of November 2024. ...

80. Storm wreaks havoc in Limassol and Paphos, floods hospital and damages farms

A powerful storm on Saturday brought significant damage to Cyprus, with Limassol and Paphos provinces hit hardest....

81. Cyprus government revisits foreign investment control amid hospital takeovers

The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...

82. Middle-class families in Cyprus burdened by rising rents

In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....

83. Archaeologists unearth rare medieval findings at Panagia Karmiotissa

Archaeologists in Cyprus have unveiled a significant array of medieval findings at the Panagia Karmiotissa site, marking a discovery of rare scale and importance, according to the Cyprus Department of Antiquities. ...

84. US experts arrive in Cyprus to aid search for missing persons

A team of forensic experts from the University of Wisconsin-Eau Claire is set to arrive in Cyprus next week to assist in locating the remains of missing persons from the island’s past conflicts. ...

85. Champions and Rebels Unite!

86. New EU rules open Cyprus's troubled loan market to foreign investors

In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....

87. From TikTok to Parliament? Cyprus influencers set sights on 2026 Elections

Since Fidia's Panayiotou's election to the European Parliament, with nearly 73,000 votes, political observers in Cyprus have been analyzing the so-called "Fidias phenomenon."...

88. Cyprus unveils first zero-emissions research vessel

Cyprus celebrated the launch of its first zero-emissions vessel, EVPLOIA APHRODITE, on Thursday at the Larnaca Marina....

89. Bank of Cyprus shareholders moving at different speeds

CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....

90. Fidias joins protest against school mobile phone ban, low student turnout

A protest against the recent ban on mobile phones in secondary and technical schools drew a modest turnout in Eleftherias Square, with about 60 to 70 students in attendance....