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61. MP's approve €100M fund to aid 2013 bank crisis victims

Twelve years after the 2013 banking crisis devastated thousands of depositors and investors, Cyprus’ Parliament has approved a long-awaited budget for the National Solidarity Fund, unlocking €100 million in compensation for those hardest hit....

62. Student grant system under fire over payouts to the wrong people

The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....

63. Bollywood, bots, and big bucks as Cyprus becomes India’s new business and movie hub

In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....

64. Modi begins two-day visit to Cyprus, set to sign joint declaration on strategic cooperation

Indian Prime Minister Narendra Modi arrived in Cyprus on Sunday for a two-day official visit, marking what Cypriot President Nikos Christodoulides called a historic step in the growing relationship between the two countries....

65. Deutsche Bank eyes return to Cyprus after nearly a decade

Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....

66. Cash back coming as 2013 crisis victims set for payouts in 2025

A long-awaited boost is on the way for individuals hit hardest by Cyprus’ 2013 banking crisis. On June 6, the National Solidarity Fund (NSF) Committee finalized the structure of the 2025 Loss Compensation Plan, set to roll out later this summer....

67. Thousands see cheaper monthly payments as BOC lowers loan rates

Cyprus homeowners and businesses, take note: your loan payments might be about to shrink....

68. payabl. launches Virtual Business Cards to empower smarter business spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

69. Effort to end ''sunbed war'' to promote fairness and order

The Paralimni–Deryneia Municipality is taking action to stop beachgoers from reserving sunbeds by leaving personal items on them....

70. Welfare Ministry denies child benefit cuts, calls report misleading

The Deputy Ministry of Social Welfare has refuted claims that the Child Benefit has been cut, instead announcing an increase in the allowance and an expansion in eligibility to include all middle-class families....

71. Contactless payments coming to Famagusta buses this October

Starting in October, passengers on buses in the Famagusta District will be able to pay for their ride with contactless cards or mobile wallets like Apple Pay....

72. Pensioners' union criticizes Labour Ministry for ignoring pensioners’ financial struggle

The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....

73. i-Con 2025: Cyprus’ hottest tech and marketing event returns to Limassol

One of Cyprus’ most buzzed-about business events is back and bigger than ever. The Island Conference (i-Con) returns for its third edition on 29–30 May 2025, transforming the City of Dreams Mediterranean in Limassol into a hub of global innovation, marketing, and digital opportunity....

74. €14 million in unpaid VAT? Gone.

Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....

75. George Pechlivanoglou, George Petrou, and George Tziortzis to Speak at Green Agenda Cyprus Summit

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

76. Is development finance the key to fixing London’s housing crisis?

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....

77. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

78. Bank of Cyprus cuts loan rates again, giving borrowers a breather

Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....

79. Prison or mini-market?

A prison cell in Nicosia turned into a makeshift shop, complete with croissants, cigarettes, coffee, and prepaid phone cards, has landed a chief warden, an inmate, and the inmate’s wife in serious legal trouble....

80. Human Rights Court voices concern over migrant treatment in Cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

81. Turkey irked by Greece–Cyprus power cable plans near Karpathos

82. Millions spent, promises made—but children still suffer in silence

''What’s the goal here? To have food on the table for a day or two, or to ensure there's always food on the table?''...

83. Audit exposes gaps in Health Ministry’s grant and payment systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

84. Ex-Volunteer Commissioner admits to using fake diplomas to secure job

Former Volunteer Commissioner Yiannis Giannakis admitted in court on Wednesday to using forged academic diplomas to secure his position....

85. 190,000 unpaid traffic fines as deadline looms on March 31st

With the deadline fast approaching, a staggering 190,000 unpaid traffic fines remain unsettled under Cyprus' photocertification system. Drivers have until Monday, March 31, to pay, or they will face criminal prosecution without further delay, ...

86. Here’s where the 11 new ATMs will be installed in Cyprus

The two major banks in Cyprus, Bank of Cyprus and Hellenic Bank, are moving forward with agreements made with President Christodoulides....

87. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

88. Retired but still on payroll as doctor gets paid for 10 months after retiring

A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....

89. Cyprus faces uncertain future as electricity link with Greece stalls

The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...

90. MPs mull casino cash exemption despite laundering fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....