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31. Another ECB rate hike is on the horizon

Europe may be heading for another interest rate increase, and households could once again feel the impact....

32. The housing crisis is not just about homes, it's about Cyprus’ future

The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....

33. Five years, €1 billion and hundreds of projects: Cyprus closes its EU recovery chapter

The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....

34. Michalakis Sergides Stores to shut its doors after almost eight decades

A long-standing family business that has been part of daily life in the mountain villages of Kambos and Tsakkistra for almost 80 years will close its doors next month, bringing to an end a tradition that has spanned generations....

35. Dubai offers residents up to €700 for bringing foreign visitors

Dubai has launched a new incentive programme encouraging residents to invite friends and relatives from overseas, offering rewards worth more than 3,000 dirhams (€716) as the emirate seeks to strengthen international tourism following months of regional instability....

36. One ton of suspected stolen AHK cables found in nationwide scrapyard raids

More than 1,000 kilograms of cables believed to belong to the Cyprus Electricity Authority (AHK) were seized during coordinated police raids on scrapyards across the island in a major crackdown on the illegal scrap metal trade....

37. EU hits Google with €890M fine; why Cyprus should pay attention

Brussels says tech giant unfairly promoted its own products and restricted cheaper alternatives, a move that could also affect Cyprus’ digital businesses and consumers....

38. Supreme Court deals major blow to prosecutors in Tziapoura case

One of Cyprus' most closely watched criminal investigations has hit a major legal setback after the Supreme Court rejected an appeal by the attorney general, ruling that police did not have enough evidence to justify searching two bank safety deposit boxes belonging to jeweler Natalie Tziapoura....

39. Cyprus’ path to Schengen: Implications for employers

40. Gunfire hits Germasogeia office building in latest suspected criminal attack

A multi-story office building in Germasogeia, Limassol, became the latest target of what police believe was a criminal attack after damage caused by gunfire was discovered on the premises....

41. Cypriots keep shopping despite inflation fears and global uncertainty

Consumer spending in Cyprus remains strong despite market uncertainty caused by inflationary pressures and the war in the Middle East....

42. Consumer spending remains resilient despite the war

Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....

43. Surprise crackdown catches 47 illegal workers across Cyprus

A surprise nationwide crackdown on illegal employment has led to the arrest of 47 people working without the proper permits, while employers were hit with €195,000 in fines for undeclared workers....

44. Nearly 68,000 plastic bottles saved at Ayia Napa beach in under a year

Almost 68,000 single-use plastic bottles have been kept out of circulation at Ammos tou Kambouri beach in Ayia Napa through the use of a free drinking water station, according to data released during a recent environmental event....

45. A lifeline for small businesses or another state ''monster''?

European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....

46. Cyprus joins ECB digital euro pilot programme

Cyprus will be among the 19 eurozone countries participating in the European Central Bank's first pilot programme for the digital euro, with testing expected to begin in the second half of 2027....

47. Mayor says Ledras and Onasagorou upgrade is ''unavoidable and long overdue''

The regeneration project of Ledras and Onasagorou pedestrian streets is ''necessary in every respect,'' Nicosia Mayor Charalambos Prontzos said, stressing that the municipality understands the concerns raised by some business owners but believes the upgrade cannot be delayed any longer....

48. Millions lost, Cyprus connection: Inside the EU probe into an alleged VAT fraud network

A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....

49. Waste tax could leave households paying more before recycling systems improve

Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....

50. Limassol’s job market stays strong as finance and tech companies continue hiring

While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....

51. What Cyprus can learn from Lithuania’s energy independence journey

Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....

52. Financial clarity: A key driver of SME stability in Cyprus

Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....

53. Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint

Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...

54. Invest Cyprus honours international companies at the 14th Invest Cyprus International Investment Awards

Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....

55. There are plenty of jobs, but the right workers are missing

The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....

56. Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....

57. Residents and businesses reject Nicosia's €10.8m historic centre redevelopment plan

Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....

58. Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

59. Licensing chaos in tourism, 55% of accommodations without a license

The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....

60. Cyprus picks up investment momentum

Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....