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1. Tensions erupt over Abramovich case allegations at Parliamentary Committee

Allegations of high-level political interference surrounding a multimillion-euro VAT debt linked to Russian billionaire Roman Abramovich escalated Thursday in Cyprus’ Parliament, with tensions erupting between lawmakers and investigative journalist Makarios Drousiotis....

2. 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. ...

3. Cyprus sees drop in child poverty rate, ranks second lowest in EU

About 26,000 children in Cyprus were at risk of poverty or social exclusion in 2024, accounting for 14.8% of the country’s child population, according to figures released Tuesday by Eurostat, the European Union’s statistical agency....

4. Abramovich’s €25 million VAT written off after ex-President's call

A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....

5. EAC admits fire risk in thousands of homes

Thousands of homes in Cyprus may be at risk of fire, electric shock, or damage to appliances due to faulty circuit breakers, and for the first time, the Electricity Authority of Cyprus (EAC) is acknowledging the problem....

6. Cyprus, caught in drug cartel crossfire, says Paphos Mayor

Paphos Mayor Phedonas Phedonos has made explosive claims that Cyprus is now part of an international money laundering network used by Latin American drug cartels....

7. 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....

8. ''They’re happy in Russia'': Cypriot MEP sparks fury over shocking Ukraine comment

In a statement that's shocked many across Europe, Cypriot MEP Fidias Panayiotou claimed that Ukrainian children taken by Russian forces during the war were ''happy'' and ''wanted to go to Russia'' -- a comment that has triggered widespread condemnation and gone viral online....

9. Burn marks and drawings on bodies found on children in Larissa abuse case

A 32-year-old woman accused of abusing her two young children has been remanded in custody after delivering a lengthy statement to a prosecutor in Larissa....

10. Lights, camera, Larnaca!

Larnaca is getting its moment in the international spotlight as the Irish travel series 'Téacs Taistil' films an episode in the city for its upcoming fourth season....

11. Christodoulides pushes bold reform for better schools and a smarter Cyprus

Big promises are starting to take shape, and this time, it’s the kids who stand to benefit most....

12. Tourist beaten over sunbed dispute on Turkish beach

A summer getaway turned violent on a beach in Alanya, Turkey, when a tourist was viciously attacked after refusing to pay for a sunbed, an incident that’s drawn widespread outrage and prompted swift action from local authorities....

13. Cyprus sees 25.5% jump in tourist arrivals in April, U.K. tops list

Cyprus welcomed 418,730 tourists in April 2025, a 25.5% increase from the 333,563 arrivals recorded in April 2024, according to figures released Monday by the Statistical Service....

14. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

15. Major win for borrowers as court orders banks to stop using abusive loan terms

Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....

16. Cyprus Parliament approves bill for decentralized hospital administration

The House of Representatives approved a bill Thursday aimed at decentralizing the management of Cyprus’ public hospitals, in a move supporters say will address widespread healthcare inefficiencies and region-specific challenges....

17. €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....

18. ECOMMVERSE by ECOMMBX – An Innovative Digital Platform for Financial Services

With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....

19. Cyprus borrowers are back as loan demand soars in 2025

Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....

20. Marks & Spencer confirms data breach after weeks-long cyber disruption

Marks & Spencer said Monday that some customer data was compromised in a cyberattack that has disrupted its online operations in the U.K. for at least three weeks....

21. Christianna Diogenous, Georgios Kazantzis and Joseph Antoniou to speak at the Green Agenda Cyprus Summit

This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....

22. Fix the roads, save lives

Just two days ago, new data was released on fatal road collisions by district, covering the year so far. Sadly, not a single silver lining can be drawn from the figures. ...

23. Scammers send fake Tax Department emails in refund scheme

Scammers are sending fraudulent emails claiming to be from the Cyprus Tax Department in an attempt to steal personal and banking information, officials warned....

24. Cyprus reports 38 new cases of metastatic breast cancer each year

25. DISY offices damaged in act of vandalism considered 'an assault on democracy'

The Democratic Rally (DISY) and the Cypriot government strongly condemned an incident of vandalism at the party’s headquarters on Pindarou Street, with both labeling the act as an attack on democratic values....

26. End of an Era: ERA department stores changing hands for just €1, but there’s more to the story

In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....

27. Alcohol sales to minors on the rise, and no one seems to be stopping it

More and more teenagers in Cyprus are getting their hands on alcohol, and they’re not hiding it. In the afternoons, groups of underage drinkers are gathering in public parks across the island, bottles in hand, as the sale of alcohol to minors spirals out of control....

28. May 8th is World Red Cross and Red Crescent Day

May 8th marks a significant day for the International Red Cross and Red Crescent Movement, celebrating the dedication of millions of volunteers who selflessly provide aid in times of crisis....

29. Parliament debates push for unified transparency portal

A bill aiming to boost government transparency by mandating the publication of all public sector decisions and administrative acts on a single digital platform was discussed Wednesday in Parliament’s Institutions Committee....

30. ''We build relations with countries, not individuals''

In recent days, controversy has stirred over the President of the Republic’s visit to the Israeli Prime Minister, sparked by a specific segment of the public and by AKEL, which seems unable to grasp the geopolitical realities at play. ...