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241. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

242. Cyprus to open euthanasia bill debate in September as government prioritizes end-of-life care

Parliament will begin an article-by-article debate in September on a controversial bill to legalize medically assisted death, with a full vote expected in January 2026. However, the government maintains the move is premature without first expanding palliative care services....

243. Cyprus' family businesses are struggling to survive, experts warn

Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....

244. New Larnaca ER to open July 25 amid staff shortages and safety concerns

In the ongoing crisis surrounding Cyprus’ overstretched emergency services, officials have announced that the much-delayed new Accident and Emergency Department (A&E) at Larnaca General Hospital will be handed over on July 25, but many are skeptical....

245. EU pressures Cyprus over stalled power cable project

The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....

246. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

247. Cyprus opens electricity market to competition on October 1st

Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....

248. AEGEAN is named ''Best Regional Airline in Europe'', at the Skytrax World Airline Awards 2025 for the 14th consecutive year

During last week in Paris, AEGEAN has been named the ''Best Regional Airline in Europe'' at the prestigious World Airline Awards 2025 for the 14th consecutive year and 15th time overall in its 26 years of operation, highlighting the continuing trust and preference of the passengers, as recognized through the International Airline Rating Organization Survey. ...

249. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

250. Wizz Air Suspends Flights to Tel Aviv and European flights to Amman Until 15 September

Wizz Air has made the decision to suspend all flights to and from Tel Aviv, Israel, and European flights to Amman, Jordan, effective immediately, until 15 September 2025. The airline will also avoid overflying Israeli, Iraqi, Iranian, and Syrian airspace until further notice....

251. New era in vocational training: Lidl Cyprus invests in the new generation

Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....

252. Cyprus prepares to host 20,000 visitors during upcoming EU Council presidency

Cyprus is preparing to welcome approximately 20,000 visitors, including delegates and journalists, during its upcoming six-month Presidency of the Council of the European Union, Deputy Minister for European Affairs Marilena Raouna said Wednesday....

253. Trapped property owners finally see the light at the end of the tunnel

A long-overdue lifeline may finally be on the way for thousands of Cypriots trapped in property nightmares, as a new bill aimed at resolving the issue moves closer to a vote in Parliament....

254. Porsche hits the brakes on Taycan EV sales over fire risk

Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....

255. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

256. Over 60,000 work permits issued to foreign talent in Cyprus since 2014

Cyprus has issued more than 60,000 residence and work permits to foreign nationals over the past decade as part of a push to attract tech talent and investment, according to figures released by Interior Minister Constantinos Ioannou....

257. India turns its gaze to Cyprus as gateway to Europe and the Middle East

Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....

258. Water supply in Paphos secure through 2025

Domestic water supply for the greater Paphos area is secured through the end of 2025, according to the Ministry of Agriculture, following a high-level meeting of local and national officials at the Paphos District Water Board....

259. Eurobank | Limassol welcomed the 1st India-Greece-Cyprus Business Forum

260. EU to fund expansion of Nicosia’s Pedieos Linear Park

The European Union will provide approximately €4.4 million to fund the expansion of the Pedieos Linear Park, the European Commission announced....

261. Indian giants Thomas Cook and LTIMindtree launch operations in Cyprus

Two major Indian companies, Thomas Cook India and LTIMindtree, are officially setting up operations in Nicosia, marking a significant step in strengthening business ties between Cyprus and India....

262. UCy student dorms at Berengaria site moving full speed ahead

Construction is in full swing on the University of Cyprus’ new student dorms in Kato Polemidia, Limassol, right where the old British ''Berengaria'' settlement used to be....

263. Jumbo eyes Larnaca and Protaras for future expansion, but no timeline yet

Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...

264. Banks extend protection for stranded property buyers until July 2025

Stranded property buyers have been given a fresh lifeline, as Cyprus’ banks have agreed to extend the freeze on property sales and repossessions until the end of July 2025....

265. Christodoulides walks a diplomatic tightrope with high-stakes visit to Israel

President Nikos Christodoulides’ upcoming visit to Israel on May 4 comes at a critical time for the Eastern Mediterranean, with energy disputes, shifting alliances, and ongoing conflicts shaping the region’s future....

266. Hotels race for private desalination plants as summer approaches

Large hotel groups across Cyprus are seriously looking into installing their own small desalination plants as a way to secure enough water during the island’s scorching, dry summers....

267. Pensioner scammed out of €142K in online investment trap

A 77-year-old man in Cyprus has been left devastated after falling victim to a sophisticated online scam that cost him a staggering €142,000, police said on Friday....

268. Trump’s tariff war backfires as tourists ditch U.S., head to Europe

The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....

269. Thousands ignore traffic camera fines despite extension

Most drivers caught by traffic cameras in Cyprus are still not paying their fines, despite repeated warnings and an extension that gave them extra time to settle the penalties....

270. Cyprus has one of the world’s lowest U.S. visa rejection rates — and that’s a big deal

Cyprus is inching closer to landing a spot in the U.S. Visa Waiver Program, and there’s one big reason why: it now has one of the lowest U.S. visa rejection rates in the world....