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1. Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

2. Legalities and time constraints delaying repairs of refugee apartments

Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...

3. Guarantor wants off the hook over old bad loan

Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...

4. The future of the banking sector is digital, green and social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

5. Nine outstanding Cypriot men awarded for their determination and innovation

Pavlos Kontidis was named Man of the Year for the 3rd time at the 20th annual Bank of Cyprus Man of the Year Awards....

6. Interim report on golden passports delivered

An interim report on the golden passport scandal in the Republic of Cyprus says just over half of citizenships granted by the executive branch were not approved lawfully...

7. Judge in Cypriot passport probe resigns

Retired Supreme Court Judge Costas Pampallis has resigned from his position as a member of an indepednent investigative committee, a team that was tasked to sift through Cyprus’ golden passport scheme in the wake of corruption scandals and systemic failures...

8. Bad blood continues over golden passports

A prolonged and bitter dispute between the interior minister and auditor general, over probing Cyprus’ golden passports scheme, was renewed this week following a mini report with details on a number of applications through citizenship by investment...

9. AG announces makeup of new committee to probe passports scheme

Attorney General George Savvides announced the members of the newly-established four-member committee tasked with probing the entire length of the Cyprus Investment Program, which was introduced in 2007....

10. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

11. Former Cyprus Cooperative Bank boss under criminal investigation

12. Focus on responsible borrowers

Finance Minister Harris Georgiades says responsible borrowers deserve help, but draws the line where strategic defaulters take advantage of loopholes and don't repay their loans...