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1. Cyprus employers call cost-of-living pay hike unconstitutional

Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....

2. Cypriots fill supermarket carts as dining out declines

Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....

3. Net metering applications open through year-end, Energy Minister says

Applications for Cyprus’ net metering program for rooftop solar panels will be accepted until the end of the year, said Energy Minister George Papanastasiou....

4. September Newsletter of K. Treppides & Co Ltd – 12/09/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

5. EU sets aside €33.7 million for Turkish Cypriot community in 2025

The European Commission on Thursday approved a €33.7 million package aimed at boosting the economy of the Turkish Cypriot community and advancing efforts toward reunification of Cyprus....

6. Cyprus launches competitive electricity market on October 1

The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....

7. FIBA EuroBasket 2025 gives Limassol economy a slam dunk

The FIBA EuroBasket 2025 has given Limassol’s economy a major shot in the arm, with hotels, restaurants, and shops reporting a surge in business as thousands of fans, teams, and journalists poured into the city....

8. Signing of Memorandum of Understanding between Invest Cyprus and Family Office Connect Cyprus (F.O.C.)

Invest Cyprus has signed a Memorandum of Understanding with the newly established organization Family Office Connect Cyprus (F.O.C.), marking the beginning of a strategic collaboration aimed at strengthening Cyprus’ position in the global Family Office ecosystem. ...

9. A Year of Meaningful Impact and Community Empowerment for the PwC Foundation

During the financial year 2025, PwC, through the PwC Foundation initiatives, continued to serve as a catalyst for positive change, deepening its contribution to Cypriot society through a wide range of initiatives across education and culture, youth entrepreneurship, and community support. ...

10. Vasiliko delays keep Cyprus stuck with sky-high power bills

Cypriot households already struggling with some of Europe’s highest electricity bills are being told they’ll have to wait even longer for relief, as delays and political wrangling over the Vasiliko energy project threaten to keep prices high for at least three more years....

11. Priests and police caught in drug and arms ring

Greek police have dismantled a sprawling criminal network in Chania that involved not only hardened criminals but also businessmen, police officers, and even clergymen, authorities said Wednesday....

12. Cyprus braces for nationwide strike over cost-of-living dispute

Cyprus is bracing for a nationwide strike next week, after trade unions announced a three-hour walkout on Sept. 11 in protest over stalled talks on the cost-of-living allowance known as ATA....

13. Casino boom in occupied north sparks fears for future peace talks

In the shadow of international isolation, Cyprus' occupied north is gambling on a high-stakes future: doubling its number of casinos to 64....

14. Majority of wildfire aid distributed, government says

Authorities in Cyprus say most of the emergency relief promised to families hit by last month’s devastating wildfires in the Limassol district has already been distributed....

15. Cyprus sets record for wasted solar energy in 2025

Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....

16. Lawmakers demand faster action on energy storage as costs and uncertainty persist

Last week’s electricity outages have put the government under intense scrutiny, with critics blaming poor management of the country’s power system....

17. Cyprus aims to complete energy storage system by 2026, launch competitive electricity market in 2025

The government plans to complete a new energy storage system, along with storage installations at two Electricity Authority of Cyprus (EAC) power plants, by June 2026, Government Spokesperson Konstantinos Letymbiotis said Monday. ...

18. Cyprus blackouts leave patients mid-scan, doctors warn of serious risks

For the second day in a row, Cyprus faced rolling power cuts on Wednesday, leaving some patients stranded mid-scan and sparking fresh warnings from medical professionals about the risks to public health....

19. Devastating wildfires rage across multiple fronts in Greece

Firefighters across Greece are locked in a desperate battle against dozens of raging wildfires, with strong winds hampering efforts to contain the flames....

20. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

21. BOC reports €235M in profits, but what does that actually mean for the rest of us?

22. Biker opens fire on cyclist in Larnaca industrial zone

A dramatic manhunt is underway in the Dromolaxia Industrial Area after a man riding a bicycle was shot at multiple times by an armed motorcyclist on Wednesday morning in what police are treating as an attempted murder....

23. ''Safety Concerns'' or just a tax grab?

A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....

24. Government unveils comprehensive aid package for Limassol fire victims: Cash payments, rent subsidies, and full damage restoration

Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....

25. University of Nicosia School of Business Receives AACSB International Accreditation

The University of Nicosia proudly announces that its School of Business has secured accreditation from the internationally recognised Association to Advance Collegiate Schools of Business (AACSB) International, following a lengthy and demanding evaluation process....

26. Audit Office warns of €3.1 billion in delayed tax revenues, warns of non-collection risk

The Audit Office has raised concerns over €3.1 billion in delayed tax revenues owed to the state, warning that around €1.4 billion may never be collected....

27. Skip truck drivers sound the alarm: ''Help us, or everyone pays''

Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out” Subtitle: ...

28. Court says no to medical release of Israeli developer accused in land scam

A Cypriot court on Monday rejected a request to release Israeli businessman Shimon Aykut from custody, ruling that local medical services are sufficient to address his health concerns....

29. ''We Failed'': President apologizes over wildfire response, announces 12 relief measures

President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....

30. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....