Search

211. IMF: Cyprus public sector salaries 27% higher than private sector

In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....

212. System failure or failure of its operators?

The recent, catastrophic failure of the Ministry of Social Welfare and the Social Welfare Services to provide necessary protection to five children is yet another example of a systemic issue, ...

213. Rents keep climbing, but house prices aren’t going anywhere

If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....

214. ''Smart'' bus stops marred by vandalism and installation blunders

Controversy continues to plague the rollout of Cyprus’s new “smart” bus stops, as reports of sluggish installation are now joined by incidents of vandalism and public mockery....

215. Former volunteer commissioner’s forged letter of recommendation in court

In the latest chapter of what could rival any courtroom drama, the trial of former Volunteer Commissioner Yiannis Giannakis took an unexpected turn today, with a forgery scandal adding fuel to an already intense legal battle. ...

216. Human Rights Court voices concern over migrant treatment in Cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

217. Public Works denies bus shelter scandal as Auditor General probes €61M project

The Department of Public Works has firmly denied allegations of a scandal surrounding the ongoing €61.6 million national bus shelter upgrade project, following accusations raised by AKEL MP Kostas Kosta during a heated session of the Parliamentary Transport Committee....

218. Wizz Air Prepares for Its Biggest Summer Season Yet in Cyprus with a New Destination!

Wizz Air, EMEA’s most environmentally sustainable airline, is gearing up for its largest-ever summer season in Cyprus, offering more destinations, increased capacity, and unparalleled travel opportunities for Cypriot passengers....

219. Audit exposes gaps in Health Ministry’s grant and payment systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

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

221. 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....

222. 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. ...

223. 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....

224. 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: ...

225. 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). ...

226. 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....

227. ''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....

228. 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....

229. 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. ...

230. 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....

231. 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....

232. 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. ...

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

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

234. 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. ...

235. 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....

236. 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....

237. 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....

238. 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....

239. 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....

240. 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....