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1. Despite presidential pleas, electricity bills set to rise again

Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....

2. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

3. Cypriots ready to embrace home energy storage, but only with subsidies, survey finds

A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....

4. Single-parent families get fairer deal under new benefit rules

Cyprus is scrapping a controversial rule that cost many single-parent families their financial support....

5. €100 ER fee only for tourists, not GESY patients

Patients covered by Cyprus’s national health system (GESY) and other approved groups will not be affected by the recently announced €100 advance fee for Accident and Emergency Department (A\&E) visits, health officials confirmed on Tuesday....

6. King’s Gardens: A Prime Investment in the Heart of Nicosia

7. Green Agenda Cyprus Summit 2025: Paving the way for a greener future

As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....

8. EU proposes €2 fee on packages from China-based retailers like Shein and Temu

The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....

9. EAC Chairman admits project costs overstated, downplays need for tariff hike

The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....

10. Fix the roads, save lives

Just two days ago, new data was released on fatal road collisions by district, covering the year so far. Sadly, not a single silver lining can be drawn from the figures. ...

11. Cyprus meets Cambodia: A bridge to bold business ventures

For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....

12. New 15% tax hits Hellenic and other banks

Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....

13. Cyprus’ classrooms are changing, and so is the country

If it's true that compulsory education reflects the society of the future, then Cyprus is on the cusp of transformation, shaped by its ''new Cypriots'': children of migrant families who grow up speaking many languages, far more than those traditionally spoken on the island....

14. Cypriots worry AI threatens artists’ livelihoods, Eurobarometer survey finds

A majority of Cypriots are concerned that artificial intelligence could harm the livelihoods of artists, according to a Eurobarometer survey published Thursday, reflecting wider European unease about the role of AI in the cultural sector....

15. Greece targets ferry duopoly as costs soar and competition sinks

Greece’s Competition Commission has launched a full investigation into the coastal passenger ferry industry following evidence of price-fixing and market distortion among dominant operators....

16. 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. ...

17. 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....

18. Education Ministry slammed for millions spent and cut corners in dodgy deals

A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....

19. PwC Cyprus: The Cypriot real estate market maintained its momentum in 2024

PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....

20. 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....

21. Jumbo eyes Larnaca and Protaras for future expansion, but no timeline yet

Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...

22. AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...

23. Cypriot unions to hold bi-communal May Day rally in Nicosia Buffer Zone

Greek Cypriot and Turkish Cypriot unions will mark May Day with a joint rally Thursday in the United Nations-controlled buffer zone in Nicosia, calling for peace, workers’ rights and renewed efforts toward reunification....

24. Is development finance the key to fixing London’s housing crisis?

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....

25. Hotels race for private desalination plants as summer approaches

Large hotel groups across Cyprus are seriously looking into installing their own small desalination plants as a way to secure enough water during the island’s scorching, dry summers....

26. 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....

27. Apple ditches China for India to dodge Trump’s tariffs

Apple is planning a major shakeup in how, and where, it makes iPhones for the U.S. market. Starting as early as next year, the tech giant wants all iPhones sold in America to be assembled in India, instead of China. The reason? Tariffs. ...

28. Europe to tourists: Enough is enough!

If you’re planning a European getaway in 2025, expect more rules, higher fees, and fewer places to party. From Venice to Santorini, some of Europe’s most iconic destinations are saying “enough is enough” when it comes to mass tourism....

29. 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. ...

30. 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. ...