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1. New bidding system reshapes Turkish Cypriot property management

A new chapter in the management of Turkish Cypriot properties has begun with the implementation of the reform introducing competitive bidding procedures, which has been in progress since last February. In her interview with "K", the Director of the Service, Anthi Lakkotrypi, described it as a major reform....

2. The Republic of Cyprus is being held hostage by its own energy crisis

Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....

3. Dubai offers residents up to €700 for bringing foreign visitors

Dubai has launched a new incentive programme encouraging residents to invite friends and relatives from overseas, offering rewards worth more than 3,000 dirhams (€716) as the emirate seeks to strengthen international tourism following months of regional instability....

4. Water Development Department says reclaimed water use is higher than reported

A report by Apostolos Tomaras in Kathimerini examined a long-standing issue concerning the use of treated wastewater across Cyprus. The topic has returned to the forefront of public debate in recent months due to declining water supplies for both drinking water and irrigation....

5. Court orders €164,585 asset confiscation in Limassol drug trafficking case

A Limassol criminal court has ordered the confiscation of assets worth €164,585 following the conclusion of financial investigations linked to a major drug trafficking case....

6. The €150,000 education bill: The rising cost of sending a child to private school in Cyprus

Inflationary pressures caused by geopolitical developments affecting the region have not spared Cyprus’ private education sector....

7. Supreme Court deals major blow to prosecutors in Tziapoura case

One of Cyprus' most closely watched criminal investigations has hit a major legal setback after the Supreme Court rejected an appeal by the attorney general, ruling that police did not have enough evidence to justify searching two bank safety deposit boxes belonging to jeweler Natalie Tziapoura....

8. Turkey still fails to meet legal requirements for return to F-35 program, US says

Turkey has not yet fulfilled the legal requirements necessary to rejoin the F-35 program, the US Department of State makes clear in a letter to Congress dated July 22, 2026, obtained by Kathimerini Greece....

9. Cyprus households can get up to €900 to replace old solar water heaters

Cyprus households will soon have another incentive to reduce their energy costs, with the government approving a new subsidy scheme offering up to €900 for the installation or replacement of solar hot water systems....

10. One month's salary just to keep the lights on?

Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...

11. Cyprus records EU's second-largest annual drop in public debt

Cyprus recorded the second-largest annual reduction in government debt among European Union member states during the first quarter of 2026, according to figures released by Eurostat on Tuesday....

12. 'Faflatogate': The art of talking around the truth

Many eyebrows were raised recently when it became known that Mr. Paschalidis had been appointed by the president for a third consecutive term at Cyprus' Independent Authority Against Corruption, with his term ending when he will be approaching 80 years old. May he live long, of course....

13. €100 million-a-month scam: Three Cyprus residents among suspects

A phone call from a ''financial adviser'' promising easy profits. A professional-looking investment platform showing money growing. Regular messages building trust over weeks or even months....

14. VideoGate: No wrongdoing found as probe points to attack on Cyprus

The controversial ''VideoGate'' footage that shook Cyprus earlier this year was not evidence of wrongdoing, but an edited video allegedly created as part of an effort to damage the reputation of the Republic of Cyprus, according to the findings of an independent investigation...

15. Traditional banks are funding more shadow loans

While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....

16. Government approves €1 million to clear illegal waste dumping sites

The Council of Ministers has approved €1 million in emergency funding to help communities remove illegally dumped waste, adding to ongoing government efforts to reduce environmental risks and lower the threat of wildfires....

17. Greece blocks new EU sanctions over Russian gas to protect Greek shipping giant

Greece has delayed the European Union's latest round of sanctions against Russia, arguing that the proposed measures would severely damage a major Greek shipping company that transports Russian liquefied natural gas (LNG)....

18. A €10 charge, a €23 million debate and a fight over responsibility

A new fee on garbage that could eventually affect household waste costs has turned into the latest political battleground in Cyprus, with the government and DISY trading accusations over who is responsible for the way the reform is being introduced....

19. Surprise crackdown catches 47 illegal workers across Cyprus

A surprise nationwide crackdown on illegal employment has led to the arrest of 47 people working without the proper permits, while employers were hit with €195,000 in fines for undeclared workers....

20. Dreaming of buying a home? Eurobank launches a guide to make the mortgage journey less confusing

For many couples in Cyprus, the dream of owning a home often begins with a late-night conversation....

21. Nearly three in 10 Cyprus homes have improved energy efficiency

Almost three in every 10 people in Cyprus were living in homes with improved energy performance in 2025, according to new figures released by Eurostat....

22. Bank of Cyprus executives recognized among EMEA’s top performers

The Bank of Cyprus has received several distinctions in Extel’s annual survey of management teams of listed companies in the EMEA region, with the group's executive director of financial management, Eliza Livadiotou, securing first place in the Best CFO category based on votes from sell-side analysts....

23. Families have few choices as elderly people with mental illnesses enter care homes

When V.'s father was diagnosed with psychosis and dementia, his family had nowhere else to turn. Unable to care for him at home and with no specialist residential facilities available, they placed him in an elderly care home, a situation experts say is becoming increasingly common in Cyprus....

24. Cyprus joins ECB digital euro pilot programme

Cyprus will be among the 19 eurozone countries participating in the European Central Bank's first pilot programme for the digital euro, with testing expected to begin in the second half of 2027....

25. 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....

26. 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....

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

28. 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....

29. 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....

30. 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....