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31. March Newsletter of K. Treppides & Co Ltd - 11/03/2025

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....

32. Bank of Cyprus upgraded to investment grade by Fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

33. Checkmate in Cyprus: Freedom24 brings world-class women’s chess to Nicosia

There’s something special happening in Nicosia right now, and no, it’s not just the start of spring. ...

34. Aegean reports strong 2024 results with record revenue and passenger growth

AEGEAN announces its operating and financial results for fiscal year 2024....

35. Bank of Cyprus awarded “Best Private Bank Cyprus 2025” by Global Banking & Finance Review

Bank of Cyprus has been awarded the prestigious title of ''Best Private Bank Cyprus 2025'' by Global Banking & Finance Review magazine, reaffirming its position as the country’s leading financial institution. ...

36. What do windmills, tulips, and potatoes have in common? The Dutch, of course!

When you think of windmills, tulips, The Girl with the Pearl Earring, Delft Blue pottery, or even the legendary tale of The Hole in the Dike, one country immediately comes to mind—the Netherlands! ...

37. Cyprus Government unveils plans to tackle housing crisis

Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....

38. Greek companies eye Cypriot market for new business opportunities

Greek businesses are continuing to make their mark on Cyprus, with a growing number of companies looking to expand and partner with Cypriot firms....

39.  ATM debate reaches Kykkos Monastery

An ATM at a monastery? It might sound like the setup for a joke, but it's a real proposal being considered as part of an effort to bring banking services to Cyprus' remote and mountainous regions....

40. Swedish man to testify against lawyer and officer who helped him escape

A 49-year-old Swedish man who managed to escape from a Larnaca clinic last December will now become a key witness for the prosecution in the trial of two individuals accused of helping him flee. ...

41. Petrolina: A longstanding sponsor of the ''Love Route''

42. Liopetri River restoration moves forward, supporting fishermen and local economy

The long-awaited restoration of the Liopetri River is gaining momentum, with key government officials meeting behind closed doors to discuss how to move the project forward. ...

43. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

44. EU pushes for tougher deportation rules for rejected asylum seekers

The European Commission has rolled out a new plan to make it easier to send back asylum seekers who don’t qualify to stay in the EU....

45. Over €1.2 billion in Russian assets frozen in Cyprus amid ongoing sanctions

In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...

46. Investigation deepens into Moldovan woman's death

Humanitarian organizations are urging an immediate and thorough investigation into the death of 24-year-old Anastasia Melega, a Moldovan woman whose body was discovered in a nightclub bathroom in the Turkish-occupied part of Cyprus....

47. March Newsletter of K. Treppides & Co Ltd - 06/03/2025

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. ...

48. EU hits back with $28 billion in tariffs on US goods

The European Union is hitting back after U.S. President Donald Trump imposed a sweeping 25% tariff on all European steel and aluminum imports....

49. Cyprus farmers face ruin as drought devastates crops

Cypriot farmers are staring down a bleak future as a third consecutive year of drought wreaks havoc on their crops. Many now face tough decisions, with some fearing financial ruin as their fields dry up and their harvests fail....

50. Cracking down on animal cruelty, tougher penalties on the horizon

In a hopeful step toward stronger animal protection, Cyprus' Attorney General has urged the Minister of Justice to toughen penalties for animal abuse, making the law a true deterrent for offenders....

51. End of an era: Manchester United to leave Old Trafford after 115 years

Manchester United has officially announced plans to move out of Old Trafford, their home for the past 115 years, and build a brand-new, state-of-the-art stadium next door. The proposed 100,000-seater venue will become the largest football stadium in the UK....

52. Exciting News: New Leadership Appointments at K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....

53. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

54. Retired but still on payroll as doctor gets paid for 10 months after retiring

A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....

55. Eurobank Cyprus: Stronger in 2024, with a net profit of €214mn

Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...

56. Cyprus faces uncertain future as electricity link with Greece stalls

The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...

57. Calls for resignation of SHSO board amid growing healthcare concerns

The resignation of the Board of Directors of the Cyprus Health Services Organization was demanded today during a Parliamentary Health Committee meeting discussing the 2025 budgets for SHSO and the Health Insurance Organization....

58. Limassol explores the possibility of a tram system

A conference set for March 18 will examine the feasibility of a tram system as a public transport solution that could help ease Limassol’s traffic congestion....

59. MPs mull casino cash exemption despite laundering fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....

60. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...