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1. 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....

2. End of an Era: ERA department stores changing hands for just €1, but there’s more to the story

In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....

3. Deloitte’s 2025 Global Human Capital Trends aims to help leaders navigate complex workplace tensions

Deloitte’s 2025 Global Human Capital Trends, Turning tensions into triumphs: Helping leaders transform uncertainty into opportunity, explores how workers, managers, executives and organisations are navigating today’s biggest workplace challenges....

4. Police bust Land Registry corruption ring

A major corruption scandal has come to light in Greece, where authorities have arrested nine people tied to bribery and backdoor dealings in public land registry offices across Attica....

5. The Republic of shrugged shoulders

''I don’t concern myself with what a 'Turkish' ambassador says,'' former President Nicos Anastasiades quipped, brushing off ex-U.S. Ambassador John Koenig’s reported remark that he considered him “a fraud.”...

6. Libertex and Apollon Wheelchair Basketball Team: Teamwork, respect, and resilience

As part of its ongoing commitment to inclusion, community empowerment, and local sports, Libertex, part of the Libertex Group and one of the leading online brokers, visited the Apollon Wheelchair Basketball Team during a special training session held in the team’s home court....

7. Government hourly workers say they're fed up, and they want a raise

It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....

8. Cyprus foreign companies pledge 30% local workforce by 2027

Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...

9. Foreign-owned hair salons draw scrutiny over operating hours, lack of oversight

The Pancyprian Federation of Hairdressers and Barbers is raising concerns about what it describes as unfair competition from hair salons and barbershops operated by foreign nationals....

10. Cyprus makes its move in the age of AI

Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....

11. Waitstaff say employers are pocketing their tips

Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....

12. IMF: Cyprus public sector salaries 27% higher than private sector

In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....

13. Once again Lidl Cyprus stands by its people this Easter

Lidl Cyprus continues to invest in its team, recognizing their commitment and contribution to the company's success. In this context, it continues to provide additional cash benefits that enhance the income of its employees....

14. Violent confrontation in Oroklini leaves man seriously injured, infant hospitalized (videos)

A violent confrontation erupted on Saturday at an apartment complex in Oroklini, Larnaca, leaving a foreign man seriously injured and a 9-month-old infant hospitalized as a precaution....

15. Trump unveils $5M ‘Trump Card’ for citizenship. Is it right out of the Cyprus playbook?

In classic Trump fashion, the president made headlines yet again—this time mid-air aboard Air Force One—by unveiling a new “Trump Card” aimed at wealthy foreign investors....

16. Millions spent, promises made—but children still suffer in silence

''What’s the goal here? To have food on the table for a day or two, or to ensure there's always food on the table?''...

17. Suspended ex-Commissioner still paid thousands while awaiting trial

By next June, former Volunteer Commissioner Giannakis Giannakis will have received a staggering €76,800 from the state—despite being suspended for allegedly forging his diploma and altering his final high school grades....

18. Dynamic presence of Petrolina at the OPAP Limassol Marathon 2025

Once again, Petrolina's contribution to the organization of the OPAP Limassol Marathon was dynamic. The marathon took place on March 22nd - 23rd, 2025, with a number of participants exceeding 17,000 runners from Cyprus and abroad....

19. BOC seeks to acquire Ethniki Insurance’s Cyprus subsidiary

Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....

20. Petrolina: A longstanding sponsor of the ''Love Route''

21. Police investigate kindergarten worker over child threat

Authorities in Cyprus are investigating a disturbing incident at a Nicosia kindergarten, where an employee allegedly grabbed a young child and threatened to throw them out of a window....

22. Cypriot firm to build solar park on former mining site

A Cypriot company with growing interests in the renewable energy sector is planning to transform the crater of the Lake of Mine in Polis Chrysochous into a cutting-edge photovoltaic park. ...

23. How Cyprus became the secret hub of the global porn industry

When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....

24. Lidl at its best: 15 years of dynamic presence in Cyprus

Lidl Cyprus celebrates 15 years of presence in the local market this year, a different celebration that shows us the character of the company, but also the reason why it has reached such a high level of preference among the Cypriot public. ...

25. Greeks call for accountability 2 years after Tempe train tragedy

Two years after one of Greece’s worst railway disasters, the country is still reeling from the February 28, 2023, crash in Tempe, where 57 lives were tragically lost....

26. Cyprus rolls out the red carpet for civil servants

A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....

27. Cyprus' energy gamble: Big promises, bigger delays, but a game-changer may be coming

Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ). ...

28. 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....

29. Lidl Cyprus goes ahead with new additional financial benefits of €450,000

Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....

30. 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....