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61. Greek households order food up to 3 times a week

More and more households in Greece are relying on takeout, having food delivered as many as three times a week. Rising demand has also led to an increase in recent years of food service enterprises being established with the exclusive purpose of distributing ready meals, without having a dining area....

62. ECB to review AKEL’s proposed bank tax amid financial concerns

The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...

63. Finance Minister coordinates with EU Trio on 2025 Presidency

Minister of Finance Makis Keravnos met in Luxembourg with his counterparts from Poland and Denmark regarding the preparation of the Cypriot......

64. The Rise of Applied Regulatory Compliance: From Theory to Practice

As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...

65. FT: China slaps PwC with $62 Million fine and six-month ban

Chinese authorities have hit PwC China with a hefty fine of $62 million and a six-month ban following a major scandal involving the collapsed property developer Evergrande, according to the Financial Times. ...

66. RIF launches €6M fund to foster innovation and economic growth

The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....

67. Solar-powered 'smart benches' to monitor air quality in Greece

68. Russian tech professionals flock to Cyprus despite sanctions

A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......

69. Cyprus surges in high-speed internet and tech jobs

Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....

70. Cyprus ranks among top innovators in Europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

71. ICT sector powers Cyprus' economic growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

72. India's arms sales to Israel amid Gaza conflict raises eyebrows

Allegations surrounding India's involvement in supplying arms to Israel during the Gaza conflict have intensified, casting a spotlight on potential implications for both countries....

73. US sanctions target Russian-Cypriot connections

A Cypriot connection has emerged among the latest targets of US sanctions against Russia, with the US Treasury Department announcing penalties on Wednesday affecting individuals and entities linked to Cyprus. ...

74. New global report launched at Global Family Business Summit

The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...

75. Keravnos continues to call on banks to slash interest rates

Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...

76. Damiani expands global presence with first boutique in Cyprus

The Italian luxury jewelry group Damiani is celebrating its centenary this year, marking a century of excellence in goldsmithing, diamonds, gems, and pearls. ...

77. Cyprus wins IMF praise for strong recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

78. Dimitroui loses battle for life after shooting

Dimitris Andronikou, commonly known as ''Dimitroui,'' tragically passed away on Tuesday night, May 28th, after battling severe injuries sustained in a targeted shooting incident....

79. RIF and Israel Innovation Authority launch €900,000 call for joint R&D projects

The Research and Innovation Foundation (RIF), in collaboration with the Israel Innovation Authority (IIA), has unveiled a fresh joint call for proposals, boasting a substantial budget of €900,000....

80. ''Cyprus has the potential to become a model of sustainability in Europe''

In a recent interview during the first-ever Green Agenda Cyprus Summit held at the Hilton in Nicosia, environmental economist and sustainability advocate, Professor Cameron Hepburn, delved into the pressing need for Cyprus to embrace a green transition...

81. Parliament cancels smart meter contract to save EU funds

The Cypriot Parliament has unanimously accepted the President's referral of a law passed on April 25 that exempts innovative small and medium-sized......

82. Paphos mayor to welcome three university-backed startup ventures

In a move set to bolster innovation and technological advancement, three dynamic startup ventures, handpicked by the American University of Beirut (AUB) and the Zein AUB Innovation Park, are poised to make Paphos their new home. ...

83. Invest Cyprus takes strides to boost investments on the island

Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...

84. Cyprus' media and language sector shrinks while EU expands

The number of people working as authors, journalists or linguists in the EU increased by 9.1% in 2022 compared to 2017, while in Cyprus the number......

85. Mystery surrounds ambush targeting Dimitris Andronikos

Three days after the harrowing ambush targeting 34-year-old Dimitris Andronikos, known as ''Dimitroui,'' on the Paleochori-Anthoupoli road, investigators are intensifying efforts to unravel the mystery behind the attack....

86. Cyprus welcomes foreign workers amidst hotel staffing crisis

The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......

87. €17 million worth of grants for big businesses

The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....

88. 4 million euros to foster Turkish Cypriot business integration

The European Commission, in partnership with GIZ International Services, has initiated a two-year project aimed at bolstering private sector development within the Turkish Cypriot community and enhancing Green Line trade,...

89. Dr. Cameron Hepburn leads charge at Green Agenda Cyprus Summit

Cameron Hepburn is the Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment at Oxford. He is also the program......

90. Lawyers challenge money laundering watchdog in Cyprus

Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...