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211. Big US companies borrowing in Europe to save money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

212. €122M boost for Famagusta: 30 new projects announced

In a bold move to boost the development of the Famagusta district, President of the Republic of Cyprus, Nikos Christodoulides, announced 30 new projects with a total budget of €122 million ...

213. UK tightens noose on Putin’s inner circle with new sanctions

Nearly a year after the death of Russian opposition leader Alexei Navalny, the UK has announced a fresh wave of sanctions aimed at individuals with close ties to Vladimir Putin....

214. Parallel projects on Tseriou Ave cause confusion amid €33M overhaul

The redevelopment of Tseriou Avenue consists of two parallel projects, creating confusion in the area and significant inconvenience for shopkeepers and residents....

215. 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. ...

216. COSMOS Insurance envisions ''an angelic world'' for its new campaign

How often have you wished to live in a world where unexpected events, accidents, problems, and bad moments were nonexistent? In other words, an angelic world?...

217. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

218. Tala's haven of hope: Friends' Hospice unveils newly renovated palliative care center

A heartwarming story of community spirit and unwavering dedication has culminated in the unveiling of the newly renovated Friends' Hospice in Tala....

219. Shops to close early amid clashing protests

Shops in Limassol are expected to close early this evening as the city braces for two simultaneous demonstrations, one by the far-right party ELAM and another against fascism. ...

220. Cyprus moves to ease car recall chaos with rental cars and free bus passes

The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....

221. Ostrich or ordinary? Viral photo of dish fuels debate

One of the discussions that impassions readers concerns everything related to food in restaurants: the quality, the price, the quantity, the service, and even the environment....

222. 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. ...

223. 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. ...

224. Huge €380 million development planned by Metropolitan of Limassol

A bold €380 million development project in the Municipality of Amathus and the nearby Agios Athanasios district is set to transform the area, as revealed by the environmental study recently submitted by the Metropolis of Limassol....

225. Over 6,400 earthquakes shake Santorini, sparking mass exodus

Santorini, one of Greece’s most beloved tourist destinations, has been left eerily quiet. The usually bustling island, famous for its stunning caldera views and whitewashed houses, has emptied as thousands of residents, workers, and visitors flee a relentless earthquake swarm shaking the region....

226. EU warns of strong response to possible US tariffs

The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....

227. 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....

228. Ticking time bomb as sewage leaks threaten Akrotiri Salt Lake

A major environmental crisis is unfolding at Akrotiri Salt Lake, as sewage leaks and chemical discharges threaten Cyprus’ most important wetland...

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

230. NASDAQ-listed Freedom24 is making its mark in Cyprus and beyond

When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...

231. 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. ...

232. Cyprus ended 2024 with a banking boom as loans and deposits surged

Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...

233. Cyprus vs. bureaucracy: Can the red tape finally be cut?

For years, bureaucracy has been a major roadblock for businesses in Cyprus. ...

234. Long-awaited highway finally on track with €330 million price tag

The long-delayed Polis Chrysochous-Paphos highway project, now estimated to cost a staggering €330 million, is finally moving forward with a completion target set for 2030-2032....

235. New €26 million fund to boost startups in Cyprus

33East, a venture capital firm based in Cyprus, has launched its first fund with an initial close of €26 million. ...

236. Greek companies dominate Cyprus market with expanding investments

In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....

237. Funeral parlors accused of paying bribes for bodies

Licensed funeral parlor owners in Cyprus are raising alarm over what they describe as an alarming trend of illegal funeral homes bribing hospital workers to secure the bodies of the deceased. ...

238. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

239. Cyprus smashes tourism records with over 4 million visitors in 2024

Cyprus is celebrating a record-breaking year for tourism, with 2024 marking the first time the island welcomed over four million visitors. A total of 4,040,200 tourists arrived last year, surpassing the previous record of 3,976,777 set in 2019. ...

240. Why are Cypriot businesses being sold off to foreign interests?

Greek businesses have made a significant impact on the Cypriot market, investing across virtually every sector—from real estate and hospitals to supermarkets, toy stores, energy, electronics, car dealerships, and even banks....