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271. Freedom Holding Corp. added to the prestigious Russell 3000® Index

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....

272. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

273. Debate over euthanasia bill draws public and political reactions

A proposed bill to legalize euthanasia in Cyprus has prompted public discussion and divided opinions among lawmakers, with supporters advocating for open dialogue and critics warning of potential risks....

274. 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....

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

276. 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....

277. €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....

278. 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....

279. When public service becomes self-serving

In Periclean Athens, civic participation wasn’t just a right; it was a moral and political duty. Those who didn’t engage in public affairs were labeled idiotes, a term thought to carry a derogatory tone and which is often linked to the modern English words ''idiot'' and ''diocy.''...

280. 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; ...

281. U.S. to EU: Drop your tariffs or face new trade war, Financial Times reports

In a stark escalation of trade tensions, the United States is pressing the European Union to drop tariffs on American goods without expecting the same in return or face a new wave of steep US duties, the Financial Times reports....

282. Meat and coffee prices climb as eggs and oil cool off

If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....

283. Christodoulides calls on Cypriots abroad to come home, ‘Cyprus needs your talent’

President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: come home and help build the future of Cyprus....

284. Coca-Cola under fire as calls for global boycott grows

Coca-Cola is facing mounting pressure around the world as consumers call for a boycott over the company’s continued use of single-use plastics....

285. 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. ...

286. Water supply in Paphos secure through 2025

Domestic water supply for the greater Paphos area is secured through the end of 2025, according to the Ministry of Agriculture, following a high-level meeting of local and national officials at the Paphos District Water Board....

287. EU proposes €2 fee on packages from China-based retailers like Shein and Temu

The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....

288. Ramez Naam: Solar power is getting cheaper, and Cyprus is sitting on a goldmine

If there’s one thing Cyprus has plenty of, it’s sunshine. And according to clean energy expert and futurist Ramez Naam, that makes the island perfectly placed to thrive in the global shift to clean energy, as long as it invests in the right tech....

289. America wants Greece’s ports, and China out

A quiet tug-of-war is playing out in Greece, one that could reshape global trade routes and shift the balance of power in the Mediterranean....

290. New U.S. bill eyes Cyprus as key player in countering China’s Belt and Road

A bipartisan group of lawmakers has introduced the Eastern Mediterranean Gateway Act, a bill designed to elevate the Eastern Mediterranean in U.S. foreign policy and strengthen partnerships with countries in the region, including Cyprus....

291. 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....

292. 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....

293. WIZZ AIR ANNOUNCES ITS SPECIAL BIRTHDAY PROMO

Nicosia, 16 May 2025. Wizz Air, EMEA’s most environmentally sustainable airline , celebrates its birthday with an unmissable promo....

294. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

295. 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....

296. €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....

297. Banks, KEDIPES, and Government disagree over proposed law to help trapped property buyers

Banks and the state-owned asset management company KEDIPES have raised concerns about a new law aimed at helping people who paid for properties but have not received the official ownership titles. ...

298. EU Court rules Commission broke transparency laws by withholding Von der Leyen’s Pfizer vaccine texts

The European Union’s top court has overturned a decision by the European Commission to withhold text messages between Commission President Ursula von der Leyen and Pfizer CEO Albert Bourla, ruling Wednesday that no “plausible explanation” was given for denying access....

299. 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....

300. Trump’s jet, Nikaros’ flex, and the Kalavasos bridge that came up short

The story made global headlines. Qatar (yes, those damn Qataris again, always meddling, always targeting our spotless, pure-as-snow leaders) is reportedly planning to gift Trump a plane. ...