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

62. Cyprus Central Bank sets interest rate limits to protect consumers

The Central Bank of Cyprus (CBC) has announced that the official reference interest rate will be set at 11.50%. This means that banks and other lenders in Cyprus must not charge higher rates than this when offering loans, extending payment terms, or renewing loans. ...

63. Limassol soars, bananas bend, and ambulances demand more car crashes

The mayor of Limassol has expressed concerns over the ''Pay As You Throw'' program. Oh, for heaven’s sake. Personally, I believe Limassolians should pay double what everyone else pays—and without complaints. ...

64. Cypriots losing confidence in solar energy amid frequent shutdowns

In recent years, Cyprus has been pushing hard to adopt renewable energy, particularly solar energy, by encouraging homeowners to install photovoltaic (PV) systems. ...

65. Alphamega Hypermarkets expands its presence with new store in Mandria, Paphos

Alphamega Hypermarkets has expanded its presence in the Paphos District, by opening a new store in Mandria. The new Alphamega Hypermarket, located in the premises of the former Papamichael hypermarket, opened its doors for the first time today....

66. 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....

67. Cyprus to begin installing smart meters in February

Starting on February 1st, the Electricity Authority of Cyprus (EAC) will begin installing smart meters in homes and businesses across the island....

68. President's banking measures spark surge in first-home loans

President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....

69. Cyprus, Greece, and Egypt team up to boost business opportunities

Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...

70. Authorities warn of dangerous products in the European market (links included)

Dangerous products and items containing hazardous chemicals have been identified in the European market, according to an announcement by the Labour Inspection Department of the Ministry of Labour and Social Security....

71. Cyprus aims for cheaper electricity with competitive market by 2025

The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...

72. Walmart’s $100 Birkin dupe sparks debate and raises eyebrows

Walmart has caused a stir in the fashion world by offering a knockoff of the renowned Hermès Birkin bag, priced between $78 and $100—far less than the luxury version, which typically starts at $10,000...

73. Eurozone growth hopes dim as 2025 looms

Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...

74. Consumer Service: Price reductions in 39 product categories

The Consumer Protection Service announces the Consumer Product Price Observatory for November 2024....

75. Concerns from the EIB regarding the electric cable project

Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....

76. New Alphamega Hypermarkets’ store opens in Astromeritis

Another state-of-the-art store was added to the Alphamega Hypermarkets’ chain. The new Alphamega Hypermarkets’ store in Astromeritis has opened its doors to the public today. It is the 20th store of Alphamega Hypermarkets, Cyprus largest and fastest growing hypermarket chain....

77. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

78. FT: EU and South America strike historic trade deal amid controversy

The European Union and Mercosur, a bloc of four South American countries, have finalized a landmark trade deal after 25 years of negotiations. This agreement establishes a massive market of 700 million people, removing tariffs on over 90% of goods traded between the two regions....

79. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

80. Green Line regulation boosts trade, but challenges remain

The Green Line Regulation, which defines the legal framework for the movement of goods, people, and services between the government-controlled areas and the northern Turkish-occupied areas of Cyprus, remains a vital tool for the country’s reunification,...

81. ''BORA'' fades, showers linger (videos)

The ''Boras'' storm that swept across Cyprus kept emergency services busy, with the Fire Service responding to 27 incidents caused by severe weather....

82. Cybersecurity and ICT risks emerge as leading drivers of operational risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....

83. Government expands subsidized electricity rates for vulnerable households

The Cyprus Electricity Authority (EAC) announced an important update regarding its special household tariff for vulnerable consumers, known as Code 08...

84. Octo Microbrewery: Exploring the world of beer through Octopus Beers

Octo Microbrewery showcased its Octopus beers yesterday at an exclusive tasting event held on November 27 at Elysian Kitchen Bar in Nicosia....

85. Black Friday buzz as shoppers return in full force

According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...

86. Fake Ariel detergent scheme busted in Europe

Latvian authorities have uncovered a large-scale counterfeiting operation involving Ariel laundry detergent, accusing two Lithuanian citizens of producing and distributing fake products across Europe....

87. Cyprus receives major credit rating boost from Moody’s

Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...

88. Greek hoteliers sue booking.com over equal pricing rules

Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....

89. Cyprus DOT warns drivers about Takata airbag recalls: Check your car now

The Department of Road Transport (DOT) has issued an important reminder to vehicle owners in Cyprus about the ongoing recall of vehicles with defective parts, including Takata airbags. ...

90. Trump plans massive tariffs on imports from Mexico, Canada, and China

In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...