Search

481. New garbage tax could mean higher costs for citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

482. Fewer Americans expected in Cyprus this summer as travel costs rise

Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...

483. Limnes migrant centre in Larnaca to be completed by year-end (photos)

The new Limnes Accommodation Centre, designed to house applicants for international protection and those awaiting repatriation, is set to be completed by the end of 2023. ...

484. 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....

485. 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.''...

486. €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....

487. 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....

488. 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....

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

490. 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, ...

491. 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....

492. 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....

493. Paphos crematorium plans go up in smoke

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

494. 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....

495. 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...

496. 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....

497. 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....

498. 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....

499. Greece to launch 22 'Onassis Public Schools' in disadvantaged areas

The Greek government, in collaboration with the Onassis Foundation, is launching 22 ''Onassis Public Schools'' to bring transformative changes to public education in underprivileged areas....

500. 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....

501. Important changes coming to GHS medicine prices

The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....

502. ECHR tells Cyprus, ''Pay up for buffer zone property used by UN''

In a landmark ruling, the European Court of Human Rights (ECHR) has ordered Cyprus to compensate a British national for the use of her house in the buffer zone by UN peacekeeping forces without paying rent....

503. Biden announces $770 payments for California wildfire victims

In an effort to provide swift relief to those affected by California's devastating wildfires, President Joe Biden announced one-time payments of $770 for victims....

504. Heading to the Greek islands? Ferry prices are going up

If you’re dreaming of sailing to Greece’s picturesque islands, it’s time to budget a little extra. ...

505. Poland to prioritize security on all fronts during its EU presidency

Poland has laid out an ambitious roadmap for its 2025 Presidency of the Council of the European Union, with security taking center stage. Ambassador Marek Szczepanowski presented the priorities on Tuesday at the House of Europe in Nicosia, under the presidency’s guiding motto: “Security, Europe!”...

506. Greece cracks down on Airbnb rentals

In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...

507. AI to shake up banking putting thousands of jobs at risk

The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....

508. Heated reactions over Cyprus' 'Pay As You Throw' waste management plan

Cyprus' Parliament saw strong reactions on Wednesday following Agriculture Minister Maria Panagiotou’s announcement regarding the ''Pay As I Throw'' (PAYT) waste management system....

509. The 'dragon' threatens citrus and exports

The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....

510. Twin wildfires ravage Southern California, devastating celebrity enclave (images)

Two fast-moving wildfires erupted Tuesday in Southern California, forcing tens of thousands to flee and leaving a path of destruction across neighborhoods, including Pacific Palisades — a scenic, ocean-adjacent area known for its celebrity residents and multimillion-dollar homes....