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

32. The right to disconnect

For a necessary and profoundly human break from the frenzied rhythms of daily life, in an era where the eight-hour workday and basic labor rights have withered into a quaint, romantic anecdote from another time....

33. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

34. Freedom Holding Corp. supports global chess events with the participation of schools from Greece and Cyprus

Freedom Holding Corp., parent company of Freedom24, proudly announces its participation as a supporter of the “FIDE World School Chess Championship 2025” and the “Smart Moves Summit 2025”, ...

35. Study finds alcohol use in Cyprus spikes tenfold during summer

Alcohol consumption in Cyprus surges nearly tenfold during the summer months in tourist areas, according to the country’s first wastewater-based epidemiological study....

36. Kabul’s taps are running dry, and time is too

A worsening water crisis in Afghanistan’s capital is pushing families to the brink, as rapid population growth, climate change, and decades of groundwater overuse drain Kabul’s fragile water supply, aid groups warn....

37. 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....

38. We agreed to keep talking, because that’s what we do

They came, they saw, they departed. They talked, they ate, they left. In the end, everyone was satisfied, just like in the old days when both winners and losers would claim victory after elections....

39. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....

40. Nicosia, the neglected relative

Nicosia has structural issues. Where other cities have the sea, Nicosia has the Green Line. By its very nature, its development, and even the daily relief of its traffic, does not unfold in any smooth or natural way....

41. United Street Festival brings music, art and summer vibes to the heart of Nicosia

The city’s main square is coming alive this week as the United Street Festival returns for its second edition, turning Eleftheria Square into a buzzing hub of music, art, food, and creative energy....

42. Lebanese President makes one-day visit to Cyprus for bilateral talks

President Nikos Christodoulides welcomed Lebanese President Joseph Aoun to Cyprus on Wednesday for a one-day official visit, marking a renewed commitment to strengthening ties between the two neighboring countries....

43. The real emergency isn’t antisemitism...it’s Gaza

A provocative comment by AKEL Secretary-General Stefanos Stefanou during the party’s recent 24th congress has ignited public debate in Cyprus around antisemitism, or more precisely, the way the term is being politically weaponized. ...

44. Christodoulides flies solo to UN summit in bold Cyprus peace bid

President Nikos Christodoulides will head to New York later this month for crucial UN-hosted talks on the Cyprus problem, but notably, he’ll be going alone....

45. EU pressures Cyprus over stalled power cable project

The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....

46. Nikaros, Varosiotou, Strovolos and the one billion

“The DISY party was not created to serve anyone’s personal ambitions!” When that comes out of Nikos Anastasiades’ mouth, it takes on an altogether different meaning....

47. Nicosia to receive over €1 billion in development projects, President announces

President Nikos Christodoulides unveiled more than 80 projects valued at over €1 billion aimed at transforming Nicosia and its surrounding suburbs during an event Monday at the Nicosia Municipal Theater....

48. Eurobank eyes dual listing on Cyprus and Athens stock exchanges after Hellenic Bank exit

Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....

49. Cyprus government posts €551M budget surplus in first five months of 2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

50. S&P Global Ratings upgrades Freedom24 outlook to positive, citing stronger risk management

S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....

51. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

52. Trump demands Netanyahu's corruption trial be dropped, calls it a 'witch hunt'

U.S. President Donald Trump on Wednesday called for the “immediate” cancellation of Israeli Prime Minister Benjamin Netanyahu’s corruption trial, slamming the case as a “witch hunt” against a man he described as a national hero....

53. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

54. Nicosia unveils €100 million plan to fix traffic chaos and modernize the capital

Nicosia is aiming for a major transformation, with over €100 million in urban and traffic upgrades on the table, as the capital struggles with decades-old road designs, mounting traffic, and growing frustration among residents....

55. June Newsletter of K. Treppides & Co Ltd – 20/06/2025

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....

56. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

57. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

58. Lakatamia land reserved for school sits idle since 1996

Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....

59. Alpha Bank Cyprus to acquire Astrobank in €200 million deal

Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....

60. The Catalytic Role of Legal and Regulatory Functions in the Modern Era of Sustainable Development

In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...