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211. Trump poised for strike on Iran as Israel urges: ‘Finish the job’

President Donald Trump has approved military plans for a potential U.S. strike on Iran, but he has not yet given the green light to carry them out. While the White House is preparing for a possible offensive “in the coming days,” officials say Trump is still hoping that the mere threat of force will push Iran to abandon its nuclear ambitions....

212. 83 major companies in Cyprus operating without required permits, lawmakers say

Eighty-three major industrial sites across Cyprus are operating without valid town planning permits, building permits, or approval certificates, key documents required to regulate pollution and safeguard public health, according to AKEL MP Nicos Kettiros....

213. Israeli airstrike hits Iran’s state TV headquarters as nuclear tensions surge

Israel launched a direct strike on Iran’s state television headquarters in Tehran early Monday, intensifying a growing conflict and sending thousands of residents fleeing the capital....

214. Keravnos takes gratuity tax exemption proposal to cabinet, opposes one-size calculation

Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....

215. No tender, no permits, no problem

A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....

216. 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....

217. EU approves rules allowing airlines to charge for cabin baggage

EU transport ministers on Thursday approved updated air passenger rights rules that include allowing airlines to charge for carry-on cabin baggage, despite opposition from Germany, Spain, Portugal, and Slovenia....

218. 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. ...

219. Protesters defend ousted bishop: ''This isn’t justice''

Dozens of churchgoers gathered peacefully on Sunday afternoon in Paphos to show their support for former Metropolitan Bishop Tychikos and protest the Holy Synod’s decision to remove him from his post....

220. Desalination units from UAE arrive, but will they work here?

The mobile desalination units donated by the United Arab Emirates (UAE) have arrived in Cyprus within the expected timeframe, marking a key step in the government’s plan to address water shortages ahead of summer. ...

221. Contactless payments coming to Famagusta buses this October

Starting in October, passengers on buses in the Famagusta District will be able to pay for their ride with contactless cards or mobile wallets like Apple Pay....

222. Cyprus sides with Israel in EU rift over Gaza aid access

Cyprus has drawn criticism for breaking ranks with most of the EU by opposing a Dutch-led push to review the EU’s political and economic ties with Israel over its ongoing blockade of humanitarian aid into Gaza....

223. EU lawmakers approve tariff hikes on Russian, Belarusian agricultural imports

The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....

224. Have we lost our minds? Or worse, our humanity?

A friend called me early this morning and said, ''I’m really starting to hate the world.'' It was the caffeine kick I needed to jolt me wide awake....

225. EU to welcome Turkey into defense programs despite Greek, Cypriot opposition

Despite strong objections from Greece and Cyprus, the European Union is moving forward with plans to involve Turkey in new European defense programs...

226. Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank

The new bank that will emerge from the much-anticipated merger between Hellenic Bank and Eurobank Cyprus will operate under a single name: Eurobank....

227. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

228. EAC Chairman admits project costs overstated, downplays need for tariff hike

The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....

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

230. Makariou Avenue set to reopen to all vehicles on weekdays, but not just yet

Makariou Avenue could soon reopen to all traffic during the day, following a majority vote by the Nicosia Municipal Council — but the final green light will need to come from the Police and the European Union....

231. 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....

232. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

233. 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....

234. New law could let parties spend over €1 million in 2026 elections

Proposed changes to Cyprus’ electoral law, including a significant increase in campaign spending limits for parliamentary candidates, are nearing final approval ahead of the 2026 elections....

235. Christodoulides to woo Cypriot talent abroad at London ‘Brain Gain’ event

President Nikos Christodoulides is inviting Cypriots living in the UK to a special event in London on Wednesday, May 21, as part of the government’s "Brain Gain" initiative....

236. Ancoria Bank shifts to Cypriot hands in major shake-up

Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...

237. 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....

238. ‘They buried our children’: Grief and fury as trial over hotel collapse that killed 35 students grinds on

The trial surrounding the Grand Isias Hotel collapse continues to stir public outrage more than two years after the tragedy, which killed dozens, many of them students and teachers, during the Feb. 6, 2023, earthquake....

239. FDA to phase out artificial food dyes, approve natural alternatives

In a sweeping move to address growing concerns over synthetic food additives, the U.S. Food and Drug Administration announced Tuesday it will phase out petroleum-based food dyes from the national food supply by the end of 2026. ...

240. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....