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1. Cyprus gets new fiscal council chief as focus turns to public finances

Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....

2. Millions lost, Cyprus connection: Inside the EU probe into an alleged VAT fraud network

A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....

3. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

4. Commission approves €120 million Recovery Fund payment for Cyprus

Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....

5. Waste tax could leave households paying more before recycling systems improve

Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....

6. Limassol’s job market stays strong as finance and tech companies continue hiring

While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....

7. A new safety net for Cyprus banks, or a brake on the economy?

The news that the Central Bank of Cyprus is considering activating the Systemic Risk Buffer came as a ''bombshell'' for local banks and, as expected, has divided opinion....

8. What Cyprus can learn from Lithuania’s energy independence journey

Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....

9. Financial clarity: A key driver of SME stability in Cyprus

Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....

10. Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint

Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...

11. Cyprus marks 15 years since the Mari explosion

Cyprus is today remembering the 13 men who lost their lives in the 2011 explosion at the Evangelos Florakis Naval Base in Mari, one of the country's most devastating peacetime disasters....

12. Invest Cyprus honours international companies at the 14th Invest Cyprus International Investment Awards

Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....

13. Extel: Strong Vote of Confidence for Bank of Cyprus from the International Investment Community

Bank of Cyprus has received a prestigious and highly significant distinction, being named a “Most Honored Company” in Extel’s internationally renowned annual survey....

14. President confirms second chance for 2013 bail-in compensation claims

President Nikos Christodoulides has confirmed that the online portal for compensation claims linked to Cyprus' 2013 banking crisis will reopen, giving eligible depositors and holders of bank securities another opportunity to submit applications if they missed the original deadline....

15. Social media feeding widespread youth exposure to gambling content

A substantial majority of young people in Cyprus frequently encounter gambling content on social media, driven largely by platform algorithms rather than personal choice, according to new research....

16. Lidl Cyprus brings ''Equality in Action''

At Lidl Cyprus, equality and inclusion are an integral part of the daily work experience. With the aim of strengthening the dialogue around issues that affect everyday life in the workplace, the company presents the new video series “Equality in Action”, following the Equal Treatment Policy that it currently implements in order to ensure an environment of respect, safety and equal opportunities for all....

17. Wealthyhood and Bank of Cyprus Launch Co-Branded Investing App

The first-of-its-kind partnership rolls out top-class wealthtech to all Cypriot residents, offering Bank of Cyprus customers instant account linking and frictionless investing....

18. There are plenty of jobs, but the right workers are missing

The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....

19. Golden defence deals and tough messages to Putin and Iran

The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...

20. Residents and businesses reject Nicosia's €10.8m historic centre redevelopment plan

Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....

21. Alpha Bank Cyprus is strengthening its customer-centric model through a new strategic investment in digital transformation

Alpha Bank Cyprus is taking another significant step in its digital transformation journey, further strengthening its customer-centric operating model through a new strategic investment that upgrades the way it serves, communicates with, and responds to the needs of its Customers....

22. Cypriot cabinet approves €6.35 million in new aid to clear foot-and-mouth compensation claims

The Cypriot government has finalized two new financial relief packages totaling €6.35 million to support livestock farmers recovering from a major foot-and-mouth disease crisis that began on February 20, 2026. This newly approved funding increases total state support for the sector to €39 million....

23. ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

24. PASYKAF launches major wellness campaign for women

A local health organization has introduced a major campaign targeting the well-being of women across Cyprus, emphasizing the critical role of regular medical checkups....

25. EU approves emergency fertilizer support for farmers

Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....

26. Race against time for Cyprus missing as witnesses age and archives remain closed

Efforts to locate and identify individuals who vanished during past intercommunal violence and the 1974 invasion face an increasingly difficult timeline. Officials reported this week that vital eyewitness testimonies are rapidly disappearing as elderly sources pass away....

27. Landmark pension reform eyes January 2027 rollout with hikes up to 55%

A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....

28. Staffing gaps and construction noise plague Makarios Hospital children's cancer ward

A severe staffing shortage left just two nurses caring for 15 young patients at the Makarios Hospital pediatric oncology unit on a single night shift this week. ...

29. The Cypriot National Guard is going green

The Electricity Authority of Cyprus (EAC) and the Ministry of Defence have signed a major energy agreement to replace thousands of outdated streetlights across the island's military bases....

30. Freedom24 in the 2026 FinTech Awards: Best Pan-European Retail Investment Platform & AI in Finance Innovation Award

Freedom24, a European subsidiary of Freedom Holding Corp., has been named a winner in two categories of the 2026 FinTech Awards by Wealth & Finance International, securing recognition both for its position as a pan-European investment platform and for its AI-driven Neo Compliance framework. The distinctions underline the growing relevance of technology-led innovation in European investment services, where scale, speed and regulatory rigour increasingly define market leadership....