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331. Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

332. Cyprus rolls out the red carpet for civil servants

A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....

333. Cyprus tax reform: A win for families, a challenge for businesses

Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....

334. Cypriot businesses set their sights on the U.S.

For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....

335. Cyprus strikes energy deals, but ‘Aphrodite’ gas delayed until 2031

Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...

336. A.I. Motokinisi Ltd: Supporting Volunteerism, Strengthening Cooperation with SupportCY

A.I. Motokinisi Ltd, the official representative of Porsche cars in Cyprus, announced during an event held at its showroom space in Nicosia that it will further strengthen its collaboration with SupportCY, an initiative of the Bank of Cyprus....

337. The Road to Prosperity

Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....

338. Turkish Cypriot teachers protest delayed salaries and discrimination

Turkish Cypriot teachers in the government-controlled area of Cyprus are voicing their frustration over delayed salaries, diminished social rights, and lack of support from their unions....

339. This is Cyprus...

I wonder in which country, after years of discussions and consultations, legislation on violence in sports venues is drafted, approved, and then—right from the very first moment of its implementation—found to have gaps and weaknesses....

340. Larnaka: New projects, new energy, and a bright outlook for its tourism

Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....

341. Lidl Cyprus goes ahead with new additional financial benefits of €450,000

Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....

342. EY: The biggest risks facing Cyprus and governments worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

343. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

344. Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market

President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....

345. IGC Business & Investment Council Launched in India

The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...

346. 'Patriots for Europe' cry ''Make Europe great again'' at rally

In Madrid, far-right leaders from across Europe gathered to rally against the European Union and endorse shared goals inspired by President Trump’s influence....

347. Fewer Americans expected in Cyprus this summer as travel costs rise

Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...

348. Cyprus' mountain resorts see revival with government’s hotel upgrades

Cyprus' mountain resorts are seeing a business boom, thanks to a government-backed subsidy scheme aimed at upgrading hotels and tourist accommodations. ...

349. Bakoyannis: ''Cyprus has what it takes to be a year-round tourist spot''

Former Athens mayor Costas Bakoyannis recently shared his views on how Cyprus can become a full-time tourist destination. In an interview with Kathimerini's Dorita Yiannakou,...

350. Europe at a crossroads: Act now or fade into irrelevance

Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....

351. Nick Kounoupias, Global Head of IP for Michael Kyprianou Law Firm Appointed to Cyprus AI Taskforce

We are thrilled to announce that Mr. Nick Kounoupias, Global Head of Intellectual Property at Michael Kyprianou LLC, has been appointed by the Cyprus Council of Ministers to the Cyprus AI Taskforce as approved by the Council of Ministers....

352. A week in Cyprus: Broken promises, electricity woes, and a Valentine’s Day summit?

The government keeps repeating the same promises, but according to DISY, that won’t be enough to convince the public. But why not? Repetition helps people absorb information, right? ...

353. New EU directive to shake up electricity pricing in Cyprus

354. Superhome Center sold to Greek company for €94 million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

355. Cyprus’ tax reform aiming for innovation, sustainability, and simplicity

A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...

356. Christodoulides unveils ambitious plans in State of the Union address

President Nicos Christodoulides has outlined a sweeping reform plan for 2025, aiming to enhance governance, strengthen security, and accelerate digital transformation. ...

357. Finally! The night we've all been waiting for! (No, not Eurovision)

Finally! The night we've all been waiting for. Tonight at 7 p.m., Cyprus will witness a grand moment—not the Eurovision finals, but something equally thrilling (or so we’re told)....

358. Trump pushes for federal workforce cuts—A move Cyprus could learn from

President Donald Trump is making big changes in the U.S. government, offering federal employees a deal to leave their jobs if they don’t want to return to the office. T...

359. New Athens-Los Angeles flight also benefits Cyprus travelers

Athens is set to make history this summer with its first-ever direct air link to the West Coast of the United States, as Norwegian low-cost carrier Norse Atlantic Airways unveils its new service connecting the Greek capital to Los Angeles....

360. Digital IDs launch in Cyprus: Here’s how to get yours

Starting today, Monday (January 27), Cypriots can apply for their new digital identity cards (eIDs), bringing the country one step closer to fully embracing the digital age. ...