Search

1. Major win for borrowers as court orders banks to stop using abusive loan terms

Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....

2. Lidl Cyprus contributes to the financial support of consumers with Lidl Plus

The company is upgrading its consumer experience with its digital loyalty programme, through which users can save up to €1,700....

3. EAC ramps up smart meter rollout

The Electricity Authority of Cyprus (EAC) is pressing ahead with the nationwide rollout of smart electricity meters this May, aiming to help households and other consumers monitor and reduce their power use....

4. First Pandora and New Balance stores open in Cyprus

Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...

5. Smart meter swap blamed for house fire

A recent house fire in Cyprus has triggered alarm bells over how smart electricity meters are being installed, with industry experts warning of potential safety risks if the process is rushed or done without proper checks....

6. Surprise surprise, Cyprus near the top again in EU electricity costs

Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....

7. Cyprus fuel prices raise eyebrows and questions

If you feel like you’re paying more at the pump lately, you’re not imagining it....

8. Cyprus avoids water cuts, but your bill might take a hit

Cyprus has sidestepped water cuts this summer thanks to a last-minute deal with the United Arab Emirates for 15 mobile desalination units....

9. Transport Ministry to relaunch electric car grants after public backlash

The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....

10. Lidl Cyprus celebrates 15 years with a 15% discount on all fresh pork and beef products

With 15 years of continuous growth and trust, the company continues to invest in competitive prices and strict quality standards for all consumers....

11. Ancoria Bank shifts to Cypriot hands in major shake-up

Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...

12. No, pork prices haven’t gone up because of e-Kalathi, retail chief says

If you’ve noticed pork prices creeping up lately, you’re not imagining things. But according to the head of Cyprus’ Retail Trade Association, Marios Antoniou, it has nothing to do with the upcoming launch of e-Kalathi, the state’s digital price comparison tool....

13. Shell Cyprus takes you to Monza to feel the pulse of Formula 1 in person!

oral Cyprus (Shell Licensee) is giving three lucky winners the chance to win a unique trip to Monza, Italy, to experience the thrill of the Formula 1 Grand Prix and get up close and personal with the legendary Scuderia Ferrari team!...

14. Cyprus restarts gas project with European aid and floating giant Prometheus

Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...

15. Why the U.S.-China trade war matters to Cyprus and Europe

As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...

16. Cypriots struggle to keep up as food and energy prices climb

As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....

17. Coffee up, veggies down: March prices shift across Cyprus

Shoppers in Cyprus may have noticed some familiar staples getting pricier last month, with Cypriot coffee and frozen burgers topping the list of products with the biggest price jumps in March....

18. Cyprus has one of the world’s lowest U.S. visa rejection rates — and that’s a big deal

Cyprus is inching closer to landing a spot in the U.S. Visa Waiver Program, and there’s one big reason why: it now has one of the lowest U.S. visa rejection rates in the world....

19. Cyprus cracks down on Easter food safety with island-wide inspections

As Cypriots prepare for their Easter feasts, the Ministry of Agriculture is stepping up efforts to ensure that what ends up on the table is safe, fresh, and exactly what it claims to be....

20. Cypriot Gen Z rethinks alcohol: A sobriety shift or economic reality?

Cyprus's Generation Z is at the heart of a global shift in drinking habits, and local experts suggest the trend is taking root on the island as well....

21. Two worlds, one journey: Cyprus meets Cambodia

Cyprus and Cambodia may be worlds apart, but they’re finding common ground in a shared mission: to redefine travel, trade, and cultural exchange....

22. ''They’re kissing my ass'': Trump boasts about trade talks (video)

In true Donald Trump fashion, the former U.S. President lit a firestorm overnight, not with policy, but with his words....

23. Green Agenda Summit: Removing the Speed Bumps

Agenda Cy, in collaboration with Kathimerini newspaper, is proud to announce the 2nd Green Agenda Cyprus Summit, to be held on May 19, 2025, at the Hilton Hotel in Nicosia....

24. Silicon Valley backed Trump but gets no favor in return

Silicon Valley's top tech titans may have bet big on Donald Trump’s second term, but they’re finding little return on their investment....

25. Turkey irked by Greece–Cyprus power cable plans near Karpathos

26. March Newsletter of K. Treppides & Co Ltd – 27/03/2025

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....

27. Trump declares tariff war, with chart in hand

At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...

28. Smart meters to help Cyprus households save on energy bills

The Electricity Authority of Cyprus (EAC) is pressing ahead with its smart meter rollout, bringing even more households the ability to track and manage their electricity use. ...

29. Reduced VAT on electricity bills begins tomorrow

A reduction in VAT on electricity bills will take effect tomorrow, bringing relief to consumers, especially vulnerable households. The VAT on electricity will drop from 19% to 9%, meaning savings for many households across the island....

30. Double cabins, photovoltaic cuts, and a never-ending trial: Cyprus' comedy of errors

We’ve had comical escapes, photovoltaic cutoffs, electricity from the occupied areas, a paramilitary group that refuses to acknowledge the state, and poor Giannakis managing to postpone his trial 18 times (yes, eighteen). ...