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31. The Cruise Industry: A Catalyst for Economic Growth

The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....

32. e-kalathi goes live as Cyprus’ new price-checking app aims to ease the grocery bill

A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....

33. I grew up in L.A., and yes, immigrants built it

I’m sure by now you’ve seen the pictures and videos coming out of Los Angeles. The protests, the police, the chaos. If you’re not from there, it might look like something out of a movie....

34. BoC eyes bigger role in your financial future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

35. Nearly 24,000 illegal cigarettes seized at Paphos airport

Customs officers at Paphos Airport seized thousands of illegal cigarettes on Monday after stopping a Greek Cypriot man heading to London....

36. Despite AHK chief’s assurances, technocrats push for higher power rate hike

Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....

37. 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....

38. Quad bike destroyed by fire in Ayia Napa

A four-wheeled motorcycle was completely destroyed by fire early Monday in Ayia Napa, police said....

39. Free Wi-Fi now available on Protaras beaches

Visitors to the beaches of the Paralimni-Deryneia municipality can now access free high-speed wireless internet, the municipality announced this week....

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

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

41. Paralimni-Deryneia earns most Blue Flags in Cyprus as island celebrates record year for beach quality

The Municipality of Paralimni-Deryneia has been recognized as the national leader in coastal excellence, receiving 18 of Cyprus’s 66 Blue Flag awards at the 2025 national ceremony held Wednesday at Fig Tree Bay, Protaras....

42. House Speaker pushes back on claims over spending

In response to public scrutiny and a report by Kathimerini's Apostolos Tomaras about parliamentary expenses, House Speaker Annita Dimitriou has stepped in to defend how taxpayer money is being spent, ...

43. Kremlin's security shattered as Ukraine targets Russian heartland

A series of Ukrainian drone strikes deep inside Russian territory over the weekend has exposed vulnerabilities in Moscow’s military defenses and dealt a symbolic and strategic blow to the Kremlin’s confidence, just ahead of peace talks in Istanbul....

44. Cyprus ranks second in share of foreign tourists in Q1 2025

Cyprus had the second highest share of overnight stays by foreign tourists in the first quarter of 2025, according to monthly data on tourist accommodation published by Eurostat, the EU’s statistical agency....

45. 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....

46. 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....

47. Lidl Cyprus highlights the value of its collaboration with Evrofarma during a press trip to the heart of greek production

Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....

48. Cyprus leads medal count at Games of Small States of Europe with 85 total

Cyprus remains at the top of the medal table following the fourth and penultimate day of the 20th Games of the Small States of Europe (GSSE), currently underway in Andorra....

49. BYD Officially Debuts in Cyprus at Glamorous Old GSP Square Event

In the fully renovated and iconic Old GSP Square, BYD made its official debut in the Cypriot market during a glamorous event hosted by Alpan Group, a member of the Sfakianakis Group and the official distributor of BYD vehicles in Cyprus....

50. 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....

51. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

52. More struggling homeowners get relief under government’s OIKIA scheme

The General Accounting Office has wrapped up the second phase of the government’s OIKIA Scheme, approving financial relief for dozens more struggling homeowners. ...

53. Aegean Airlines: First Quarter 2025 Trading Update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

54. €100 ER fee only for tourists, not GESY patients

Patients covered by Cyprus’s national health system (GESY) and other approved groups will not be affected by the recently announced €100 advance fee for Accident and Emergency Department (A\&E) visits, health officials confirmed on Tuesday....

55. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

56. Over €1.1 million in donations to Cyprus political parties tied to golden passport scheme

More than €1.1 million in donations were funneled to political parties in Cyprus between 2016 and 2021 from individuals and companies linked to the controversial Cyprus Investment Program, commonly known as the “Golden Passport” scheme....

57. Project Zero: Lidl Cyprus continues to join forces with AKTI for even cleaner beaches and coastlines

Lidl Cyprus, steadfast in its commitment to sustainable development and an active environmental footprint, carried out the major coastal clean-up action within the framework of Project Zero for yet another year,...

58. Desalination lifeline arrives from UAE as island braces for summer drought

Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....

59. Cyprus slips in Blue Flag rankings but holds firm on coastal quality

Cyprus saw a slight decline in its internationally recognized beach quality ratings this year, with 64 beaches and two marinas receiving Blue Flag certification for 2025, down from 76 beaches in 2024....

60. Cypriots rush to borrow as rates drop, but are banks repeating old mistakes?

As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...