Search

91. Cyprus government unveils €60M investment plan to boost agriculture

The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...

92. Cypriot businesses set their sights on the U.S.

For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....

93. Putin gives green light for western companies to return, but on Russia's terms

Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....

94. The top ideas from the educational environmental program Mind REset 2024-2025 were honored.

The 4rth mind REset environmental educational programme concluded in an inspiring, dynamic and innovative awards ceremony on Wednesday, February 19 at the Royal Hall in Nicosia....

95. Concerns grow over high-rise construction near historic Famagusta Gate

The Association of Cyprus Archaeologists has voiced strong concerns over the Nicosia Municipality's plans to permit the construction of high-rise buildings near Famagusta Gate, ...

96. Deadly fire sparks urgent calls for electrical safety overhaul

A tragic fire in Limassol that claimed five lives has reignited concerns over electrical safety regulations in Cyprus. Experts are pointing to serious lapses in oversight, faulty installations, and a lack of routine inspections as key factors behind preventable fires....

97. The Road to Prosperity

Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....

98. Anti-immigration rhetoric grows, but immigrants could help Europe's (and Cyprus') aging populations

The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....

99. Sklavenitis reopens first renovated Papantoniou supermarket in Engomi

The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....

100. Government announces minimum wage increase for hotel workers

President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....

101. Bank of Cyprus posts €508M profit for 2024

Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....

102. Cyprus scores above EU average in Life Satisfaction Survey

A recent Eurostat survey has revealed that life satisfaction in the European Union (EU) averaged 7.3 out of 10 in 2023....

103. EY: The biggest risks facing Cyprus and governments worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

104. Are rules only for some? Illegal Latchi hotel expansion set to be approved

A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...

105. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

106. Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market

President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....

107. Court denies release for German woman in property case

A 49-year-old German woman accused of illegally handling Greek Cypriot property in the occupied north of Cyprus has lost her appeal for release while awaiting trial. ...

108. Big US companies borrowing in Europe to save money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

109. €122M boost for Famagusta: 30 new projects announced

In a bold move to boost the development of the Famagusta district, President of the Republic of Cyprus, Nikos Christodoulides, announced 30 new projects with a total budget of €122 million ...

110. In Cyprus schools, a 'frying pan movement' collects cooking oil for fuel

Scientists in Cyprus have enlisted children to help recycle used cooking oil into biofuel, Reuters reported last week....

111. Struggling families at risk of losing homes on government-granted land

Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....

112. Parallel projects on Tseriou Ave cause confusion amid €33M overhaul

The redevelopment of Tseriou Avenue consists of two parallel projects, creating confusion in the area and significant inconvenience for shopkeepers and residents....

113. Wizz Air celebrates 9 million passenger milestone in Cyprus

Wizz Air, EMEA’s most environmentally sustainable airline , proudly announces a major milestone in Cyprus, surpassing 9 million passengers transported to and from Larnaca International Airport since launching operations in the country. ...

114. Hong Kong investor increases stake in historic Agros hotel

Foreign investor Balram Chainrai's aggressive pursuit of Agros' historic hotel continues into 2025 as he steadily increases his shareholding, bringing him closer to full control following his public takeover bid....

115. Christodoulides to visit US in April to boost Cyprus investments

President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...

116. Millions spent, little progress: How Government failures derailed the Paphos-Polis road project

The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...

117. High-rise towers to replace historic KEAN factory in Limassol

118. Cyprus unemployment drops 10.6% in a year

The number of unemployed people in Cyprus saw a significant drop in January 2025, with official figures showing a 10.6% decrease compared to the same time last year....

119. Cyprus' mountain resorts see revival with government’s hotel upgrades

Cyprus' mountain resorts are seeing a business boom, thanks to a government-backed subsidy scheme aimed at upgrading hotels and tourist accommodations. ...

120. Huge €380 million development planned by Metropolitan of Limassol

A bold €380 million development project in the Municipality of Amathus and the nearby Agios Athanasios district is set to transform the area, as revealed by the environmental study recently submitted by the Metropolis of Limassol....