Search

1. 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....

2. 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....

3. 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....

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

5. 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....

6. 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. ...

7. 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....

8. 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. ...

9. 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....

10. 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....

11. 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). ...

12. 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....

13. 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....

14. 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....

15. 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....

16. USAID shutdown leaves Cyprus-based employees in uncertainty

The Trump administration’s abrupt decision to shut down the U.S. Agency for International Development (USAID) has left many of its global employees, including those stationed in Cyprus, in limbo....

17. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

18. Trump sanctions ICC in defense of Netanyahu

Former U.S. President Donald Trump has imposed sanctions on the International Criminal Court (ICC), blasting its actions as ''illegal and unjustifiable'' after it issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant....

19. 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....

20. 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, ...

21. 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....

22. 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...

23. 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....

24. Archbishop warns of a return to the Dark Ages and accuses Tychikos of being a puppet

''We must not return to the Dark Ages,'' declared Archbishop George of Cyprus on Friday....

25. RIK welfare fund scandal: Taxpayers on the hook for mismanaged millions

A potential case of misappropriation of public funds has emerged involving the Cyprus Radio Broadcasting Corporation's (RIK) Welfare Fund, according to findings from the Parliamentary Control Committee....

26. Building safety concerns prompt EAC building evacuation

The Electricity Authority of Cyprus (EAC) has evacuated its oldest building in central Nicosia as a precautionary measure after inspections flagged seismic safety deficiencies....

27. Trump signs order suspending DEI employees

In a significant move under the new Trump administration, the White House confirmed that federal employees working in diversity offices will be placed on paid leave as part of the shutdown of diversity, equity, inclusion, and accessibility (DEIA) programs....

28. British Airways sues for $1.2 million over missing gold jewelry (Update)

British Airways is taking legal action against a ground-handling company over the disappearance of nearly 20 pounds of gold jewelry worth millions....

29. Leak at Mavrokolympos Dam risks losing 1.4 million cubic meters of water

Authorities are racing to address a significant water leak at the Mavrokolympos dam in Paphos, where stopping the issue appears increasingly challenging. ...

30. Starbucks’ new rule: No coffee, no entry

Starbucks is set to roll out a new policy requiring customers to make a purchase if they wish to linger in its cafes or use its bathrooms. ...