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481. From water woes to bank bets, here are the stories to follow

482. Big pharma challenges EU over wastewater treatment costs

A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....

483. Cyprus bets on students to revitalize Old Nicosia, but at what cost?

Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...

484. Eurobank’s €1.3B move creates Cyprus’ largest bank

Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....

485. The great souvla debate and other political absurdities

A representative of the hunters boldly declared that they had, under no circumstances, agreed with the police on a brief road closure. Naturally, he wondered: ...

486. 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). ...

487. One in three Cypriot households struggling with rising costs

Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....

488. ''Loathing European free-loading'': Leaked chat exposes U.S. contempt for allies

A leaked group chat involving some of the most senior figures in the Trump administration has revealed deep-seated resentment toward European allies, exposing frustrations over defense spending and security cooperation....

489. Here’s where the 11 new ATMs will be installed in Cyprus

The two major banks in Cyprus, Bank of Cyprus and Hellenic Bank, are moving forward with agreements made with President Christodoulides....

490. Nicosia Mayor sounds alarm over city's financial crisis

Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...

491. Nearly 1 in 5 households in Cyprus unable to keep homes warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

492. The best bank to ever come out of Cyprus?

The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....

493. Cyprus' economic growth faces challenges, lenders highlight key concerns

The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...

494. Aegean reports strong 2024 results with record revenue and passenger growth

AEGEAN announces its operating and financial results for fiscal year 2024....

495. Buying direct can save you nearly 40% on fresh fruits and vegetables

If you're looking to cut your grocery bill, skipping the middleman and buying directly from local producers might be your best bet. ...

496. Ancient Alexandria crumbles as rising seas threaten its future

Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....

497. Whispers of power, lent-friendly meals, and a mission impossible

These are whispers—'Whispers of the Heart', as Michalis Hatzigiannis once sang—so take them with a grain of salt. A meeting reportedly took place between Young Nikos and Elder Nikos....

498. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

499. Investigation deepens into Moldovan woman's death

Humanitarian organizations are urging an immediate and thorough investigation into the death of 24-year-old Anastasia Melega, a Moldovan woman whose body was discovered in a nightclub bathroom in the Turkish-occupied part of Cyprus....

500. Cyprus spends millions on traffic cameras, timers not included

In Cyprus, we seem to have mastered the fine art of spending taxpayer money, even if it’s not exactly for things we need. Case in point: the 36 million euros spent on our photo-identification traffic camera system, which, it turns out, doesn’t have a simple feature—timers on traffic lights....

501. End of an era: Manchester United to leave Old Trafford after 115 years

Manchester United has officially announced plans to move out of Old Trafford, their home for the past 115 years, and build a brand-new, state-of-the-art stadium next door. The proposed 100,000-seater venue will become the largest football stadium in the UK....

502. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

503. Eurobank Cyprus: Stronger in 2024, with a net profit of €214mn

Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...

504. Too much sun, too much wind, too little strategy.

If there's too much sun, we face energy problems because the solar panels collect more energy than we can store. If it's too cold, we face problems because the system can't handle the increased demand for heating....

505. The Cypriot billionaires behind the island's rise as a global business hub

Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...

506. Net-billing to replace net-metering: What you need to know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

507. Vasilikos project needs another €200 million—will it ever be finished?

The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...

508. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

509. Larnaca Airport vendors dodge 60 cent water price cap

Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....

510. Cyprus launches high-tech underwater drones to safeguard artificial reefs

Cyprus is making waves with a groundbreaking project that uses small, high-tech underwater drones to keep an eye on artificial reefs designed to help marine life thrive. ...