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61. Cyprus tax reform: A win for families, a challenge for businesses

Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....

62. Fintech giants eye Cyprus' small banks in race for European banking licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

63. Cyprus among EU countries lagging in gender budgeting initiatives

Cyprus stands out as one of only three European Union (EU) member states currently lacking a gender budgeting framework, alongside Estonia and Lithuania....

64. Private company constructs power plant in Mari without permits

A private company has built key infrastructure to support the operation of a privately owned power plant in Mari without obtaining the necessary permits, according to a special report by the Audit Office....

65. Ombudswoman raises alarm over prolonged stay of unaccompanied minors at Pournara

A total of 27 unaccompanied minors have been stranded at the Pournara Temporary Reception and Accommodation Center for an average of 90 days, despite completing all necessary procedures for their transfer, according to a report by Commissioner for Administration and Human Rights Protection, Maria Stylianou-Lottides....

66. Warmer days ahead after record-breaking cold

Brrr, Cyprus! If you thought last night felt extra chilly, you weren’t imagining things. It was officially the coldest night in over 40 years, shattering the previous record of -3.3°C set in 1985. ...

67. WhatsApp subject to strictest EU platform rules

WhatsApp is now among the online platforms required to comply with the European Union’s most stringent transparency regulations....

68. Prices of everyday essentials surge in January

Consumers felt the pinch in January as the prices of 26 staple products rose, with 11 categories jumping by more than 3%, according to the latest Consumer Product Price Watch. ...

69. Cyprus government unveils €60M investment plan to boost agriculture

The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...

70. Pope Francis in critical condition as doctors warn of sepsis risk

Pope Francis is fighting for his life. The 88-year-old leader of the Catholic Church remains in critical condition, with doctors at Gemelli Hospital in Rome working around the clock to stabilize him after a severe lung infection led to a dangerous respiratory crisis....

71. Illegal hunting of skylarks in Cyprus

Despite strict regulations prohibiting the hunting of skylarks after February 10, illegal hunting of the endangered birds continues....

72. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...

73. Anti-immigration rhetoric grows, but immigrants could help Europe's (and Cyprus') aging populations

The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....

74. 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....

75. 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....

76. 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....

77. 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,''...

78. 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....

79. 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....

80. 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....

81. 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....

82. 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....

83. 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....

84. 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....

85. 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....

86. TOYOTA - Statement on Takata Airbag Recalls

87. 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....

88. 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....

89. Women in Cyprus inch toward equality in science

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

90. 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....