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31. New app teaches teens money management

As technology continues to evolve, digital currency is becoming an increasingly integral part of modern life, making daily transactions easier, faster, and more accessible....

32. Von der Leyen backs €5 million Paphos Haemodialysis expansion

The new Dialysis Unit at Paphos General Hospital was officially inaugurated this morning by Cyprus President Nicos Christodoulides and European Commission President Ursula von der Leyen....

33. Russians bypass sanctions in occupied areas

Russians are leveraging the occupied territories to evade sanctions imposed by the European Union and other Western entities in response to the conflict in Ukraine, according to an article from the Dutch newspaper Het Parool. ...

34. Cyprus increases funds for animal welfare groups

President Nikos Christodoulides, marking World Animal Day on Oct. 4, announced the expansion of the mandate of Environment Commissioner Dr. Antonia Theodosiou to include animal welfare. ...

35. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

36. 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. ...

37. NYC Mayor Eric Adams charged with bribery involving Turkish officials

New York City Mayor Eric Adams has been charged with bribery and fraud in connection with an alleged scheme involving Turkish officials. Prosecutors say Adams accepted more than $100,000 in luxury travel, ...

38. Escaped convict armed and allegedly heading to Columbia

Authorities in Cyprus are in an intense manhunt for 42-year-old Isovite Doros Theofanous, known as “the hairdresser,” who staged a daring escape from his parents’ home in Choletria, Paphos on Thursday, September 26. ...

39. Naomi Campbell banned from charity role for misusing funds

Supermodel Naomi Campbell has been banned from serving as a trustee for any charity for five years after an investigation revealed significant financial misconduct within her organization, Fashion For Relief....

40. Freedom24 Reaches 300,000 Customers Milestone

We are thrilled to announce that the number of users on the innovative Freedom24 trading platform has surpassed 300,000. This significant achievement underscores our platform's technological superiority and the growing trust and confidence of our customers....

41. Tighter lending rules for businesses while household loans remain steady

Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....

42. Cyprus falls behind on EU recovery plan, meets only 5% of targets

In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....

43. CERA approves €125M for Cyprus-Crete power link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

44. EU cuts funds to Hungary over unpaid asylum fine

The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....

45. EU Commission refuses Dutch request to leave asylum system

In a surprising move, the Netherlands has requested an opt-out from the EU migration and asylum system, just days after Germany reintroduced border controls. ...

46. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......

47. Politics Blog: 'The end of the age of Odysseas'

The long-running saga finally came to an end today—a saga that dragged on for months in the courts, but for years in society. For those familiar with the behind-the-scenes drama and the times Odysseas’ eccentric and narcissistic behavior paralyzed the state machinery, the decision was no surprise....

48. Cyprus secures majority of EU funds, with minor tax reform pending

The European Commission has given Cyprus the green light for most of its request for €152 million in funding as part of the EU’s Recovery and Resilience plan, which aims to boost economies after the pandemic. Out of 38 goals Cyprus needed to meet, 37 were approved....

49. Will the Great Sea Interconnector become another failed project?

The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....

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

51. Cyprus and Greece near deal on critical electricity interconnection project

The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....

52. September Newsletter of K. Treppides & Co Ltd: Financial Conduct Authority

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. ...

53. Famagusta, Turkey and those holy monks of Avvakoum

In Turkey, there’s still a lot of anger over Netflix's decision to include the series ''Famagusta'' in its programming. After the entire Turkish government—along with the pseudo-government in the occupied territories...

54. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

55. U.S. seizes Venezuelan President Maduro’s private jet

The United States has seized a plane used by Venezuelan President Nicolás Maduro, citing violations of U.S. sanctions and other criminal activities....

56. Banks in Cyprus contribute €1 million to install air conditioners in schools

Cyprus's major banks are stepping up to help install air conditioners in schools, contributing €1 million to the effort. The funds will be distributed equally among the School Boards of the country’s five provinces. ...

57. Cyprus powers up for a last-minute save

Nicosia has requested more time at the political level to keep the Cyprus-Crete electricity interconnection project on track, following a dispute over €100 million in project cost recovery....

58. ''Workers at Larnaca Marina were paid despite lack of work,'' says Vafeades

The €1.2 billion investment agreement with Kition for the Larnaca port and marina project is under renewed scrutiny due to the dispute involving 15 workers recently laid off. ...

59. Cyprus banks to engage with top investors in London

The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....

60. Greece tightens bank statement rules for schengen visa

Travelers planning to visit Greece need a Schengen visa, which permits stays of up to 90 days within a 180-day period across the Schengen Area. ...