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121. Seven ancient monuments damaged in Limassol wildfires

Seven ancient monuments, already in poor condition, suffered further damage in the devastating wildfires that swept through mountainous Limassol last week, Deputy Minister of Culture Vasiliki Kassianidou said Monday....

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

123. 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....

124. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

125. 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....

126. ''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....

127. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....

128. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

129. Cyprus entices the modern traveler with authentic, year-round experiences

Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....

130. Reducing the cost of living through digital solutions

Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...

131. Fidias interviewed Tatar, and I’m glad he did

What’s all the hullabaloo about? That’s what I found myself asking after watching MEP Fidias Panayiotou’s interview with Turkish Cypriot leader Ersin Tatar. In my view, it was a fascinating, necessary, and, yes, bold move. But apparently, not everyone agrees....

132. Cyprus government posts €551M budget surplus in first five months of 2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

133. 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....

134. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

135. Woman battles to save her home despite bureaucratic silence

Despite never missing a payment, Elena Yasemidou is on the brink of losing her home. She's a victim, she says, of bureaucratic neglect and heartless inflexibility....

136. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

137. Cyprus launches €2.5M plan to support electric and hybrid vehicle buyers

The Cabinet has approved the government’s new €2.5 million subsidy scheme aimed at supporting the purchase of electric and hybrid vehicles in Cyprus....

138. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

139. Cabinet looks to end decades-long debate on multiple pensions

The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....

140. BoC eyes bigger role in your financial future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

141. Welfare Ministry denies child benefit cuts, calls report misleading

The Deputy Ministry of Social Welfare has refuted claims that the Child Benefit has been cut, instead announcing an increase in the allowance and an expansion in eligibility to include all middle-class families....

142. Single-parent families get fairer deal under new benefit rules

Cyprus is scrapping a controversial rule that cost many single-parent families their financial support....

143. Aegean Airlines: First Quarter 2025 Trading Update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

144. When public service becomes self-serving

In Periclean Athens, civic participation wasn’t just a right; it was a moral and political duty. Those who didn’t engage in public affairs were labeled idiotes, a term thought to carry a derogatory tone and which is often linked to the modern English words ''idiot'' and ''diocy.''...

145. Pensioners' union criticizes Labour Ministry for ignoring pensioners’ financial struggle

The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....

146. King’s Gardens: A Prime Investment in the Heart of Nicosia

147. Lifesaving help at the push of a button for vulnerable seniors

Elderly people living alone or far from their families will soon have access to round-the-clock emergency help and emotional support,...

148. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

149. Christodoulides tackles energy prices, demographic crisis, and declares Cyprus set to join Schengen

President Christodoulides outlined Cyprus’s plans to join the Schengen Area by 2026, urged no increase in electricity prices, and highlighted new measures to address the country’s demographic crisis....

150. New 15% tax hits Hellenic and other banks

Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....