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31. Police demand €45,000 for carnival security, sparks outrage

A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....

32. Cypriots are eating more fish, but getting pickier about its source

Cypriots are eating more fish and seafood than ever before, according to a new report on European food trends. But while the trend is on the rise, many people are becoming more selective about what they put on their plates — and their choices are being influenced by cost, sustainability, and food transparency....

33. Bank of Cyprus cancels plan to sell JCC Payment Systems

The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....

34. 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....

35. 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....

36. 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....

37. New garbage tax could mean higher costs for citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

38. Fewer Americans expected in Cyprus this summer as travel costs rise

Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...

39. 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....

40. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

41. Important changes coming to GHS medicine prices

The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....

42. Biden announces $770 payments for California wildfire victims

In an effort to provide swift relief to those affected by California's devastating wildfires, President Joe Biden announced one-time payments of $770 for victims....

43. Heading to the Greek islands? Ferry prices are going up

If you’re dreaming of sailing to Greece’s picturesque islands, it’s time to budget a little extra. ...

44. Greek investor set to acquire Superhome Center in Cyprus

The sale of Superhome Center DIY LTD to a Greek investor is moving forward, with the final deal expected to be concluded in the coming weeks....

45. General strike continues in occupied areas over cost of living reforms

The general strike called by 32 unions across both public and private sectors in the occupied territories continues for a second day today, as workers protest proposed amendments to key regulations affecting their livelihoods. ...

46. Cyprus sees slow Syrian asylum withdrawals amid ongoing instability

The flow of Syrians requesting to withdraw their asylum applications in Cyprus remains low, despite the growing number of inquiries from individuals seeking information about the process. ...

47. Opening doors to the American dream: U.S. hosts NCAA event for Cypriot families

When people talk about the growing U.S. presence in Cyprus, the conversation often turns to big-picture topics—defense programs like Cyclops, humanitarian aid for Gaza, or strategic partnerships....

48. Rising food prices leave Cypriot households struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

49. Understanding surrogacy in Cyprus: A legal guide to the legal process

Motherhood is a significant milestone in every woman's life, but for some, the journey to having biological children can be challenging. Due to medical conditions or infertility, many women and couples find themselves unable to conceive naturally. ...

50. Bank of Cyprus reports €401 million profit surge

In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...

51. Cypriot residents' travel spending hits €2.23 billion in 2023

Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....

52. Middle-class families in Cyprus burdened by rising rents

In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....

53. Government announces new measures to help vulnerable households

In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....

54. Finance Minister stands firm on economic stability amid rising pressures

In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...

55. Cyprus projects €1.13 billion fiscal surplus for 2025

Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...

56. Cyprus credit rating upgrade: A boon for investors, but what about citizens?

Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...

57. Public sector salaries to increase by 1.5%, costing €52.7 million

A proposed 1.5% pay raise for public sector employees in Cyprus will cost the state about €52.7 million over the next two years. This increase is set to start on October 1, 2024....

58. Moody’s sees positive outlook for Hellenic Bank following Eurobank deal

Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive. ...

59. Cyprus puts cancer battle at the heart of 2026 EU Council Presidency

Deputy Minister for European Affairs Marilena Raouna has said that as Cyprus prepares to undertake its second Presidency of the Council of the EU in January 2026......

60. Homebuyers face mounting debts as developers' loans go unpaid