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1. 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....

2. Church tells priests to keep it holy on Holy Saturday

The Church of Cyprus has issued an unusual directive ahead of Holy Saturday, reminding priests that they are not auditioning for a dance competition during the ''Anasta O Theos'' hymn....

3. March Newsletter of K. Treppides & Co Ltd – 19/03/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

4. Concerns raised over dog training decree in protected Natura 2000 areas

The Office of the Commissioner for the Environment and Animal Welfare has called on the Game and Wildlife Service to immediately revoke the Decree concerning the 13 protected areas within the Natura 2000 Network....

5. Cyprus demands flexibility on migrant returns, challenging EU approach

In a forceful appeal at the EU Justice and Home Affairs Council in Brussels, Deputy Minister of Migration and International Protection Nikolas Ioannidis made it clear: Cyprus will not accept a one-size-fits-all approach to migrant returns....

6. 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....

7.  Unique protected species in Europe killed at the Mavrokolympos Dam

A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...

8. Hotels cannot retain guest ID copies, Commissioner warns

9. Takata airbag crisis and Cyprus's failure to act

The case with the problematic car airbags and the authorities rushing in to try to withdraw vehicles with defective Takata airbags from circulation reveals the enormous responsibilities of those who handled the issue politically and technocratically over the last thirteen years....

10. Europe at a crossroads: Act now or fade into irrelevance

Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....

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

12. Schools in Dromolaxia-Meneou face closure

Twelve schools in the Dromolaxia-Meneou municipality in are at risk of closure on Monday due to a strike by school staff over unpaid wages....

13. Israeli airlines suspend flights to Paphos over security concerns

Israeli airlines EL AL, Arkia, and Israir will now land exclusively at Larnaca International Airport due to a directive issued by Israel’s Internal Security Agency late Sunday night....

14. Turkey condemns U.S. military support for Cyprus

Turkey has voiced strong opposition to the Biden administration’s recent decision to include Cyprus in three U.S. defense programs, just hours before Joe Biden handed over the presidency to Donald Trump. ...

15. Over 69,000 migrants arrive in East Med as Cyprus faces rising numbers

In 2024, Cyprus found itself in a challenging situation as one of the two EU regions where irregular arrivals of migrants and refugees actually increased, according to new data from Frontex, the European Border and Coast Guard Agency....

16. Banks under fire: How public pressure forced a shake-up

Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...

17. Banks announce 1% interest rate reduction

Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....

18. Cyprus plans big changes for better waste management

The Ministry of Agriculture, Rural Development, and Environment announced plans to upgrade Cyprus' waste management infrastructure,...

19. Israel seizes Golan Heights buffer zone after Assad's fall

After the fall of Syrian President Bashar al-Assad’s regime, Israel seized control of a crucial buffer zone in the Golan Heights, an area that has been a source of ongoing geopolitical tension....

20. Cyprus MPs vote on major bills, including tax hikes and baby bonuses

The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....

21. ‘Business as usual’ for world’s top companies as they get ahead of mandatory sustainability reporting rules

With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....

22. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

23. Major companies eye Cyprus as European HQ, says annual securities report

The President of Cyprus, Nicos Christodoulides, met with the Cyprus Securities and Exchange Commission (CySEC) at the Presidential Palace to receive their 2023 annual report. ...

24. Greek hoteliers sue booking.com over equal pricing rules

Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....

25. Frederick University to offer workshop on the CSRD and the impact of ESG on corporate risk and financing

Frederick University's Department of Business Administration and the Centre for Research in Entrepreneurship, Finance, and Strategy (CERFS) are organizing a workshop on the Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social, and Governance) on corporate risk and financing which will be held on Wednesday, November 27th, from 16:00 to 19:00, at Frederick University in Nicosia (Seminar Room 1 - 1st floor - 7, Y. Frederickou str., Pallouriotissa)....

26. Staff shortages stall local government reform in Cyprus

According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...

27. Urgent airbag recall: Thousands of cars in Cyprus at risk

Thousands of vehicles in Cyprus may be equipped with potentially dangerous Takata airbags, as the recall process for these defective products remains incomplete. ...

28. Parliament considers chemical castration for child sex offenders

Cyprus is set to debate a bill that could bring chemical castration as a sentencing option for convicted child sex offenders, according to a report by Pavlos Neophytou in this Sunday's Kathimerini. ...

29. New EU rules open Cyprus's troubled loan market to foreign investors

In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....

30. EU decision influences the lives of Syrian refugees in Cyprus

The Court of Justice of the European Union (CJEU) has issued a significant ruling that prohibits member states from designating a third country as a "safe" country of origin for only parts of its territory. ...