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541. Government announces minimum wage increase for hotel workers

President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....

542. Bank of Cyprus posts €508M profit for 2024

Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....

543. From Greece to the Balkans, Steve Bannon warns of the looming threat of World War III

Steve Bannon, former White House strategist and controversial figure behind the MAGA movement, has made his home and podcast headquarters in one of Washington, D.C.'s most prestigious neighborhoods, just a stone’s throw from the U.S. Capitol....

544. 73-year-old woman and daughter lead family-run sex trafficking ring in Athens

In a dramatic operation earlier this week, Greek police, in collaboration with NGOs OUR RESCUE and A21, dismantled a large sex trafficking ring allegedly run by a 73-year-old woman, known only as ''Marina,''...

545. Larnaka: New projects, new energy, and a bright outlook for its tourism

Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....

546. Lidl Cyprus goes ahead with new additional financial benefits of €450,000

Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....

547. EY: The biggest risks facing Cyprus and governments worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

548. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

549. New pediatric oncology clinic to be built in Nicosia

A major step forward for pediatric cancer care in Cyprus was taken on Saturday with the signing of an agreement for the construction of a new Pediatric Oncology Clinic in Nicosia....

550. Pakistan and Turkey strengthen ties, reaffirm controversial stance on Cyprus

Turkish President and Pakistani Prime Minister met to strengthen their countries' strategic partnership, reinforcing positions that directly challenge international law and Cyprus' sovereignty....

551. Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market

President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....

552. Big US companies borrowing in Europe to save money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

553. TOYOTA - Statement on Takata Airbag Recalls

554. Hong Kong investor increases stake in historic Agros hotel

Foreign investor Balram Chainrai's aggressive pursuit of Agros' historic hotel continues into 2025 as he steadily increases his shareholding, bringing him closer to full control following his public takeover bid....

555. USAID shutdown leaves Cyprus-based employees in uncertainty

The Trump administration’s abrupt decision to shut down the U.S. Agency for International Development (USAID) has left many of its global employees, including those stationed in Cyprus, in limbo....

556. Women in Cyprus inch toward equality in science

The number of women working in science across the European Union has been on the rise....

557. The fight for dignity: New proposal seeks to end hate speech against the elderly and disabled

Cyprus Parliament is considering a proposal to criminalize hate speech and incitement to violence against individuals based on age or disability....

558. Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9 billion market cap milestone

Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....

559. EU's renewable energy progress in transport outpaces Cyprus

According to recent data from Eurostat, the EU saw an increase in the share of renewable energy in transport in 2023 compared to 2022, while Cyprus's share remained largely unchanged....

560. Cryptocurrency scam - €430,000 stolen from Limassol resident

The Cyprus Police are informing the public about incidents of fraud related to cryptocurrency investments and are urging citizens to be particularly careful....

561. EuroBasket ''...a unique opportunity for our youth,'' says Christodoulides

Cyprus will host fifteen EuroBasket 2025 matches in Limassol on August 28, 30, and 31, and September 2 and 4, 2025....

562. A new home for Jewish education coming to Cyprus

A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....

563. Four new types of branches at the Bank of Cyprus

Bank of Cyprus branches are entering a new era, with the bank having moved to modernise the operational model of its network with four types of branches....

564. Jewish community in Cyprus grows to 4,000 families

The Jewish Community of Cyprus welcomed Israel’s Diaspora Minister, Amichai Chikli, to Larnaca on Wednesday, marking an important discussion about the growing Jewish presence on the island and strengthening ties between Cyprus and Israel....

565. Shops to close early amid clashing protests

Shops in Limassol are expected to close early this evening as the city braces for two simultaneous demonstrations, one by the far-right party ELAM and another against fascism. ...

566. New garbage tax could mean higher costs for citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

567. Fewer Americans expected in Cyprus this summer as travel costs rise

Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...

568. Alexandroupolis and Cyprus in Ankara's ''crosshairs''

From the upgrading of Alexandroupolis as a naval base to the military support of Cyprus, the strategic rearrangement of the region raises serious questions about the future security balances in the Mediterranean and the Balkans....

569. Weed wipeout as authorities seize 1,450 cannabis products

More than 1,450 cannabis-based products were seized by police in 2024 and January 2025....

570. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....