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1. Soldiers get guaranteed insurance cover, Parliament calls it the bare minimum

Parliament unanimously approved a long-overdue measure on Thursday to guarantee insurance coverage for members of the Army of the Republic who are injured or killed while carrying out dangerous duties, a move MPs described as the absolute minimum owed to those defending the country....

2. Two infants undergo groundbreaking cochlear implant surgery at Nicosia General

At just seven months old, two babies in Cyprus have taken a life-changing step toward hearing the world around them....

3. Cyprus bids a solemn farewell to former President George Vassiliou

The funeral of former President of the Republic of Cyprus Geoprge Vassiliou is being conducted today with full state honors, financed by the Republic and in accordance with protocol for a sitting head of state....

4. Deloitte expands its global suite of GenAI and Agentic AI capabilities in Omnia

Deloitte has announced the integration of new artificial intelligence (AI) capabilities within its Omnia, Deloitte’s global cloud-based Audit & Assurance platform, aimed at enhancing the audit and assurance experience, advancing Deloitte’s effort to drive innovation with enhanced technology. ...

5. Cyprus Tax Reform 2026: What Changed and What Stayed the Same

On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....

6. Alpha Bank S.A. announces agreement on the key commercial and legal terms of strategic insurance transactions in Cyprus

Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...

7. First Cyprus visit in 22 years by a Moldovan president

Moldova’s President Maia Sandu arrived in Cyprus on Thursday for a historic visit, the first by a Moldovan head of state in 22 years. ...

8. bbf: celebrates spectacular ArtCargo finale at the iconic KEAN Factory

The first-ever ArtCargo Performing Arts Festival recently concluded successfully after two vibrant weeks in Limassol. As the festival’s general partner and main sponsor,...

9. ETYK and banks seal long-awaited collective agreement

“White smoke” has finally emerged after marathon negotiations between the Cyprus Union of Bank Employees (ETYK) and the country’s banks, regarding the long-pending collective agreement that has remained unresolved since late 2022....

10. Winter Olympics flame lit in Olympia, begins its journey to Italy

The Olympic flame for the Milano-Cortina 2026 Winter Games was lit this week in Olympia, the very place where the ancient Games began more than 2,700 years ago....

11. Kevin Spacey in Cyprus: Who’s really scraping the bottom of the barrel?

Kevin Spacey, Oscar-winning icon of The Usual Suspects, L.A. Confidential, American Beauty, and Seven, has graced the sunny shores of Limassol with his one-man musical show, Songs & Stories....

12. EU launches legal action against 26 member states, including Cyprus, over energy efficiency delays

The European Commission has initiated formal infringement proceedings against 26 EU Member States, including Cyprus, for failing to integrate the Energy Efficiency Directive (EU) 2023/1791 into their national laws. ...

13. Kevin Spacey: From Hollywood star to nightclub shows in Cyprus (video)

Actor Kevin Spacey says he’s currently living out of suitcases, moving between hotels and Airbnbs, after losing his multi-million dollar Baltimore home to foreclosure. ...

14. Cyprus scores big in global ratings

Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....

15. Cyprus banks rake in over €750 million, even as rate cuts cool

Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....

16. The ''shaken, not stirred'' weather report - Thursday edition

Good morning! It's Thursday, and while the calendar says we're moving on, the ground and the sky seem to have different ideas. Let's see what fresh chaos nature has in store!...

17. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

18. Argentina’s ''rock star'' president struggles to hit the right note (video)

Javier Milei, Argentina’s self-styled ''rock star president,'' took to a Buenos Aires arena Monday night hoping to turn boos into applause. Leather jacket? Check. Wild hair? Check. A crowd chanting his name like he was Mick Jagger reincarnated? Double check....

19. Workers and digital nomads to benefit from EU’s new fair work rules

Cyprus’s growing community of digital nomads, migrant workers, and seasonal staff could soon see a major shake-up in how their work and benefits are handled across Europe....

20. Cyprus Cocktail Festival returns for its 6th year with star DJ Moguai

The island’s biggest cocktail celebration is back. The Cyprus Cocktail Festival, presented by N-ice Pure Ice Cubes, returns for its sixth consecutive year this October, promising a night of world-class drinks, music, and entertainment....

21. A Year of Meaningful Impact and Community Empowerment for the PwC Foundation

During the financial year 2025, PwC, through the PwC Foundation initiatives, continued to serve as a catalyst for positive change, deepening its contribution to Cypriot society through a wide range of initiatives across education and culture, youth entrepreneurship, and community support. ...

22. AI surge turns ''dream tech jobs'' into a struggle

The promise of high-paying tech careers is colliding with the harsh reality of artificial intelligence. Jobs long considered the ''careers of the future'' are now disappearing almost overnight, leaving graduates in computer science, software engineering, and programming scrambling for work....

23. Cyprus news roundup: Fires, finance and fiery wage demands

From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....

24. BOC reports €235M in profits, but what does that actually mean for the rest of us?

25. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....

26. 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....

27. Bank of Cyprus sheds €2.5B in real estate, marks biggest property sale in island’s history

The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....

28. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

29. Alpha Bank Cyprus to acquire Astrobank in €200 million deal

Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....

30. AEGEAN Launches New Round of Scholarships for Future Aircraft Engineers

AEGEAN continues to invest in the next generation of Aircraft Engineers in Greece by announcing the launch of a new cycle of its Training Scholarship program...