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241. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....

242. Cyprus sees sharp drop in asylum applications, ranks 8th in EU for reduction

Cyprus recorded a 42% decline in asylum applications in 2024, receiving 6,750 claims, according to the European Migration Network’s Annual Report on Asylum and Migration....

243. Deadlock persists over Crete-Cyprus power cable as funding deadline nears

Tensions are mounting over the Crete–Cyprus electric interconnection (GSI) as a regulatory impasse resurfaces just weeks before a critical August funding deadline. ...

244. July Newsletter of K. Treppides & Co Ltd – 11/07/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

245. Turkish airline to launch London–Tymbou route via Istanbul on July 26

A Turkish airline is preparing to launch a new flight route that will connect London to the occupied north of Cyprus via Istanbul’s secondary airport, raising both eyebrows and questions on the island....

246. Measles surges in Europe and the U.S., is Cyprus Next?

A disease that many thought was gone for good is making an alarming return. Measles, a highly contagious virus once considered nearly eradicated in developed countries, is back with a vengeance in both the United States and Europe....

247. UN hosts ''unofficial express'' Cyprus conference in New York

Seasoned observers are calling it an ''informal express'' gathering, the two-day international conference on the Cyprus problem that kicks off today at United Nations headquarters in New York. ...

248. Clouds, chaos, and a hint of hope

If you woke up today humming ''Singin’ in the Rain'' and twirling an imaginary umbrella, we don’t blame you. After weeks of sunburn and sweat, the idea of actual rain, however isolated or imaginary, has us all feeling a little Gene Kelly....

249. Digital Agenda Cyprus Summit 2025: Beyond AI

250. ‘Would you let your children play in toxic waters?’

The Cyprus Ports Authority (CPA) said it has activated its environmental management protocol following an oil residue leak detected Saturday in the coastal port area of Moni....

251. Vasilikos scandal: Bank accounts under scrutiny in EU probe

Cyprus' political parties are voicing strong support for the examination of bank accounts linked to the failed Vasilikos LNG terminal as part of an ongoing investigation by the European Public Prosecutor’s Office (EPPO). ...

252. 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....

253. Cyprus entices the modern traveler with authentic, year-round experiences

Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....

254. Cyprus launches 'ELPIS' emergency app to combat domestic violence

The Cyprus government has officially launched “ELPIS,” a mobile app designed to provide immediate emergency assistance to victims of domestic violence, amid rising concerns over gender-based violence across the island....

255. New law aims to ease traffic jams caused by minor accidents

Minor traffic accidents may soon cause fewer disruptions under a new law approved by Parliament last Thursday....

256. Prosecutors’ arrogance fuels public outrage in Cyprus

Something deeper, and far more troubling, than whether Savvas Angelides would resign or not was revealed in the press conference he held last Tuesday as Deputy Attorney General....

257. Hot enough to hose yourself, but will it land you in jail?

Seasonal low pressure is in town, though, frankly, it’s not doing much to cool things down. The skies will be mainly clear, which is great news for solar panel enthusiasts and terrible news for your air conditioner. ...

258. Divine liturgy to be held July 16–17 at chapel in Cyprus Buffer Zone

A Divine Liturgy will be held on July 16 and 17 at the chapel of Agia Marina, located in the United Nations buffer zone near the occupied beach of Deryneia, local officials said....

259. Greece sees first trans woman lead political party

Electra Rome Dochtshi has made history as the first transgender woman to lead a legally recognized political party in Greece. ...

260. Increased police patrols across Cyprus lead to arrests and citations

Police ramped up patrols across Cyprus overnight, with coordinated operations reported in all districts, authorities said Saturday....

261. Reducing the cost of living through digital solutions

Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...

262. Global anti-trafficking operation identifies 1,194 victims, arrests 158 suspects

A sweeping international crackdown on human trafficking has resulted in the identification of 1,194 potential victims and the arrest of 158 suspects, INTERPOL announced Friday....

263. PwC Cyprus: Celebrating international investment and the momentum it brings at the 13th Invest Cyprus International Investment Awards

The 13th Invest Cyprus International Investment Awards were held on Wednesday, July 9, 2025, reaffirming Cyprus’ position as a regional hub for international business and recognising distinguished foreign investors who continue to place their trust in the country....

264. Casper the Friendly Ghost claims responsibility as Cyprus enters the age of amateur terror

Until now, we knew July 9th as the dark day in 1821 when the Ottomans hanged Archbishop Kyprianos for his involvement in the Greek War of Independence. We also knew July 9th as the title of a powerful epic poem by Vasilis Michaelides about the massacres of that day. ...

265. Deposit rates fall for households and businesses, while mortgage rates climb

Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....

266. Electronic student registration system faces major flaws

Serious issues in the operation of the electronic student registration system were raised by the Parliamentary Education Committee. Committee Chairman Pavlos Mylonas (DIKO) cited a "lack of coordination" and the registration of students without sufficient or accurate information....

267. Study links common antibiotic during pregnancy to increased birth defect risk

A commonly prescribed antibiotic for urinary tract infections (UTIs) in pregnant women may raise the likelihood of serious birth defects, according to new research by American scientists....

268. Cyprus Parliament approves bill to align with Schengen VIS system

Cyprus’s House of Representatives on Thursday approved legislation paving the way for the country’s integration into the Schengen Area’s Visa Information System (VIS), a move seen as a significant step toward full accession to the Schengen zone....

269. ''In Paradise I marked an island…''

The inauguration will be held by Deputy Government Spokesperson Mr. Giannis Antoniou...

270. Gen Z wants more than just a paycheck, and they're not wrong

Young people these days don’t put up with much, and frankly, good for them....