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31. Cyprus hotel unions threaten strikes over misuse of foreign worker permits

Two major Cypriot hotel worker unions have warned of potential strikes, accusing hotel operators of misusing foreign worker permits to undermine labor rights and violate collective agreements....

32. September 1 to mark historic merger of Hellenic Bank and Eurobank Cyprus

On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island....

33. Cyprus issues 21,000 work visas as foreign companies import talent

Between 2023 and 2024, almost 21,000 people were employed in Cyprus by foreign-owned companies, according to official data from the Ministry of Migration and International Protection. ...

34. Cyprus and Greek banks on a winning streak

Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....

35. Mercedes sells Nissan stake as Japanese carmaker struggles with losses and job cuts

Mercedes-Benz has cashed out of Nissan, selling its 3.8% stake for €279.6 million ($307 million), raising fresh questions about the Japanese automaker’s future....

36. Greece considers 10-hour workdays under sweeping labor bill

Greece’s Labor Ministry has unveiled ambitious new legislation that could see 10-hour workdays spread over four days a week, alongside other major changes to how Greeks work and get paid....

37. Lidl Cyprus is committed to combating food waste by raising awareness among the general public with the aim of a better tomorrow

Lidl Cyprus fully understands that food waste is a serious global problem, with significant impacts on the environment, society and the economy....

38. Euromoney: Bank of Cyprus Named Best Bank for the 10th Consecutive Year

Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named Bank of Cyprus the Best Bank in Cyprus in its 2025 Awards for Excellence. This is the 10th year that Bank of Cyprus has been recognised by Euromoney as Cyprus’ Best Bank....

39. Cyprus to plan market return despite global uncertainty

Cyprus will begin planning its return to international financial markets in September, aiming for a fourth-quarter re-entry, officials confirmed....

40. Tiny insect threatens Cyprus’ iconic prickly pear cacti

A tiny insect threatens to wipe out prickly pear cacti in Cyprus within a few years, potentially depriving the island of a summer fruit deeply rooted in Cypriot culture....

41. Cyprus posts third-highest rise in EU greenhouse gas emissions, Eurostat says

Cyprus posted one of the sharpest rises in greenhouse gas emissions in the European Union during the first quarter of 2025, according to figures released Friday by Eurostat....

42. Cyprus property market sizzles in July

Even though July marks the start of summer holidays for Cypriots, the month delivered a strong push to the property market....

43. Cyprus’ shopping bill outpaces its sales, trade deficit grows in first half of 2025

New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....

44. Cyprus hotels join Europe’s legal fight to break Booking.com’s grip

Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...

45. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

46. Cyprus is a magnet for foreign companies as registrations surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

47. BOC reports €235M in profits, but what does that actually mean for the rest of us?

48. End of an era as KEAN factory to be replaced by urban high rises

One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....

49. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

50. USA 1 – EU 0

Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....

51. Desalination: A costly and controversial answer to global water shortages

As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...

52. Employers fined for ignoring midday work ban

As scorching temperatures grip Cyprus, the Department of Labor Inspection has ramped up workplace checks to protect outdoor workers from heat exhaustion, carrying out 128 inspections in just two days and issuing multiple fines and work stoppages....

53. Big Greek players move in on Cyprus' signature cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

54. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....

55. Cyprus airports set for €170M makeover as passenger growth soars

Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...

56. Lidl Cyprus highlights its commitment to local quality through a signature GALPO culinary experience

Through a creative cooking seminar that was materialised at the Lidl Food Academy in Nicosia, media representatives and Influencers had the opportunity to experience firsthand the delicious quality and authentic origin of GALPO products, Lidl Cyprus' private label....

57. Cyprus at a crossroads: Can the island become a regional business powerhouse?

In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....

58. Women still earn less in Cyprus

Despite some progress in recent years, a significant wage gap between men and women remains in Cyprus, according to new figures released by the Cyprus Statistical Service....

59. AEGEAN invests in two new Airbus A321neo XLR aircraft with even greater range and comfort

AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...

60. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....