Search

31. Casino boom in occupied north sparks fears for future peace talks

In the shadow of international isolation, Cyprus' occupied north is gambling on a high-stakes future: doubling its number of casinos to 64....

32. U.S. Congress targets Turkey’s occupation of northern Cyprus in security review

A new amendment in the U.S. House of Representatives has put Turkey’s ongoing occupation of northern Cyprus under fresh congressional scrutiny, calling for a thorough assessment of the security risks it may pose to the United States and its allies....

33. More than one in four Cypriots with disabilities struggled financially in 2024, Eurostat says

More than a quarter of Cypriots with disabilities reported difficulty making ends meet in 2024, according to data published Wednesday by Eurostat....

34. Political tug-of-war in Nicosia over €25M power cable payment

A brewing dispute within Cyprus’ government over the Cyprus-Crete electricity interconnection project is turning into a serious political headache just as €25 million is due for disbursement to Greece’s ADMIE, the project operator....

35. Cyprus news roundup: Fires, finance and fiery wage demands

From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....

36. August Newsletter of K. Treppides & Co Ltd – 01/08/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

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

38. Foot-and-mouth disease ravages livestock in Turkey

An outbreak of foot-and-mouth disease is sweeping through livestock in Ardahan and surrounding areas in northeastern Turkey, alarming farmers who are losing animals and income, Turkish media reported Monday....

39. ''Safety Concerns'' or just a tax grab?

A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....

40. Audit Office warns of €3.1 billion in delayed tax revenues, warns of non-collection risk

The Audit Office has raised concerns over €3.1 billion in delayed tax revenues owed to the state, warning that around €1.4 billion may never be collected....

41. Skip truck drivers sound the alarm: ''Help us, or everyone pays''

Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out” Subtitle: ...

42. ''We Failed'': President apologizes over wildfire response, announces 12 relief measures

President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....

43. UPDATE: Cyprus battles rekindling wildfire hotspots after massive blaze scorches over 120 square kilometers (VIDEOS)

Cyprus is battling rekindling wildfire hotspots across the Limassol district Thursday evening, after a massive blaze scorched more than 120 square kilometers, destroyed dozens of homes, and forced widespread evacuations....

44. EU Commission targets Cyprus and others countries in broad legal crackdown

The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....

45. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

46. Cyprus pressured to pay for stalled power cable project

Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....

47. EU pressures Cyprus over stalled power cable project

The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....

48. Cyprus e-mobility grant scheme faces criticism as initial funding runs out

The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....

49. Cypriot businesses go greener as hundreds certified in nationwide ESG initiative

Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....

50. One in four students leaves primary school with critically low skills

The dust has long settled on the issue. After a period of obsessive opposition and a kind of cat-and-mouse resistance to the now-infamous ''quarterly exams,'' the government ultimately gave in to public pressure. ...

51. S&P Global Ratings upgrades Freedom24 outlook to positive, citing stronger risk management

S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....

52. Cyprus joins southern EU nations in opposing proposed France-UK migration pact

Cyprus and four other southern European Union countries have voiced opposition to a proposed migration agreement between France and the United Kingdom, cautioning it could shift the burden of asylum claims onto them....

53. June Newsletter of K. Treppides & Co Ltd – 20/06/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

54. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

55. The Catalytic Role of Legal and Regulatory Functions in the Modern Era of Sustainable Development

In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...

56. June Newsletter of K. Treppides & Co Ltd – 06/06/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

57. Deutsche Bank eyes return to Cyprus after nearly a decade

Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....

58. Long-term government bonds face growing investor pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

59. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....

60. From I do to I declare: Weddings now come with a bank form

Weddings in Cyprus come with dancing, food, and the all-important envelope. But now, it seems those envelopes might need more paperwork than your actual marriage license....