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91. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

92. Car distributors exploiting drivers with fees on airbag recalls

Lawmakers are taking aim at two car distributors accused of charging administrative fees for replacing recalled airbags, calling the practice ''obscene'' and ''exploitative.''...

93. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

94. Cyprus' energy landscape shifts as ENI, Total, and Kogas withdraw from blocks

The energy landscape of Cyprus' exclusive economic zone (EEZ) is set for a major shift as the French-Italian-Korean consortium of Total, ENI, and Kogas prepares to exit Blocks 2, 3, and 9 at the end of January....

95. Cyprus's car market is a tangled mess

On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....

96. 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....

97. Bakoyannis: ''Cyprus has what it takes to be a year-round tourist spot''

Former Athens mayor Costas Bakoyannis recently shared his views on how Cyprus can become a full-time tourist destination. In an interview with Kathimerini's Dorita Yiannakou,...

98. Old GSP redevelopment nears completion, set to transform Nicosia’s historic centre

The long-anticipated redevelopment of the old GSP stadium in the heart of Nicosia is set to be handed over to the public this month, marking a major step in the revitalization of the capital’s historic centre....

99. A week in Cyprus: Broken promises, electricity woes, and a Valentine’s Day summit?

The government keeps repeating the same promises, but according to DISY, that won’t be enough to convince the public. But why not? Repetition helps people absorb information, right? ...

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

101. 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, ...

102. Superhome Center sold to Greek company for €94 million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

103. Priced out: Londoners live in empty schools and offices as rents soar

According to CNN, as London’s rental crisis deepens, a growing number of residents are opting to live in disused schools, office buildings, and even an old cathedral to escape skyrocketing housing costs....

104. Authorities take action on company for dumping animals illegally in Meniko

Authorities are cracking down on a company responsible for illegally dumping dead animals in Meniko, with fines and possible legal action on the way, the Director of Veterinary Services, Christodoulos Pipis, confirmed on Friday....

105. Asylum seeker detained at airport for months ordered released

The Supreme Court of Cyprus has ordered the immediate release of an asylum seeker who had been detained at Larnaca airport since November. The ruling was made on January 23, 2025, after the applicant, an individual from Uganda, challenged his continued detention....

106. Paphos crematorium plans go up in smoke

The construction of Cyprus’ first crematorium, planned for the Paphos region, has been pushed back to 2026....

107. Cyprus’ housing is in crisis as foreign buyers take over the market

As housing becomes an increasingly pressing issue for the majority of Cypriots, Parliament is opening up a debate on the surge in real estate purchases by third-country nationals....

108. Farmers urged to milk opportunities for Halloumi's future

Goat and sheep farmers must work strategically to overcome seasonal challenges and meet growing demands for PDO Halloumi....

109. Aqua King takes the throne!

Get your costumes ready and your dancing shoes on because the most joyful, colorful, and sea-splashed celebration is coming! The Famagusta Carnival 2025 is making waves, and this year’s royal ruler has been revealed – actor Alkis Christou ...

110. Trump pushes for federal workforce cuts—A move Cyprus could learn from

President Donald Trump is making big changes in the U.S. government, offering federal employees a deal to leave their jobs if they don’t want to return to the office. T...

111. New Athens-Los Angeles flight also benefits Cyprus travelers

Athens is set to make history this summer with its first-ever direct air link to the West Coast of the United States, as Norwegian low-cost carrier Norse Atlantic Airways unveils its new service connecting the Greek capital to Los Angeles....

112. Chinese AI startup DeepSeek shakes US tech and Wall St.

In a major turn of events, U.S. President Donald Trump has called the Chinese start-up DeepSeek a ''game-changer'' for the future of artificial intelligence (AI), urging the U.S. tech industry to "wake up" in response to the sudden disruption the company has caused. ...

113. Cyprus marks Holocaust remembrance day with solemn event in Nicosia

In a solemn ceremony last night, held at the Melina Mercouri Hall, Cyprus joined the global community in observing International Holocaust Remembrance Day, honoring the six million Jews and millions of others who perished in one of history’s darkest chapters....

114. Cyprus Masters make an impressive splash at international swim competition

The Cyprus Masters Swimming Team made an impressive splash at the Second International Damini Swimming Tournament in Bulgaria, securing a total of 15 golds, 6 silvers, and 1 bronze. ...

115. Abu Dhabi’s PureHealth expands into Cyprus

Cypriot citizens may soon see noticeable changes in their healthcare services following a significant acquisition deal involving PureHealth, an Abu Dhabi-based healthcare company....

116. Digital IDs launch in Cyprus: Here’s how to get yours

Starting today, Monday (January 27), Cypriots can apply for their new digital identity cards (eIDs), bringing the country one step closer to fully embracing the digital age. ...

117. 100% tax on foreign buyers in Spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

118. 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....

119. RIK welfare fund scandal: Taxpayers on the hook for mismanaged millions

A potential case of misappropriation of public funds has emerged involving the Cyprus Radio Broadcasting Corporation's (RIK) Welfare Fund, according to findings from the Parliamentary Control Committee....

120. It was a low bar

The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...