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1. Cyprus slips into deflation for the first time since 2021

Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....

2. Good news for borrowers as ECB to cut interest rates

The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...

3. Green light for six-story apartment block in former refinery zone

A new six-story residential building is coming to Larnaca’s Chrysopolitissa parish after the Environmental Authority approved plans for the project, which is set to transform a plot within the old refinery zone into modern housing....

4. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

5. Heads-up, drivers: Key route to Larnaca Airport shut for roadworks

Planning a late-night drive to Larnaca Airport? You might want to rethink your route. Sections of the Larnaca–Famagusta and Nicosia–Larnaca motorways will be closed overnight from Wednesday evening, June 4, as road maintenance gets underway near the Rizoelia roundabout in Aradippou....

6. Kremlin's security shattered as Ukraine targets Russian heartland

A series of Ukrainian drone strikes deep inside Russian territory over the weekend has exposed vulnerabilities in Moscow’s military defenses and dealt a symbolic and strategic blow to the Kremlin’s confidence, just ahead of peace talks in Istanbul....

7. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

8. Tatar talks tough on property, but is anyone buying it?

Ersin Tatar can rattle his sabre all he wants, threatening ''retaliation'' and arrests over Greek Cypriot property claims in the occupied north. ...

9. Tensions erupt over Abramovich case allegations at Parliamentary Committee

Allegations of high-level political interference surrounding a multimillion-euro VAT debt linked to Russian billionaire Roman Abramovich escalated Thursday in Cyprus’ Parliament, with tensions erupting between lawmakers and investigative journalist Makarios Drousiotis....

10. What’s really going on here?

Members of the press enjoy certain privileges. At the same time, they bear real responsibilities....

11. Larnaca District Authority handles over 2,000 complaints in 10 months

The Larnaca District Organization of Local Government (EOA Larnaca) has processed more than 2,000 complaints, violations, and grievances in under 10 months, with roughly half of them resolved and dozens progressing through the courts, according to President Angelos Chatzicharalambous....

12. From protégé to pariah: The fall of Bishop Tychikos

The Holy Synod’s decision to dismiss Tychikos from the metropolitan throne of Paphos is a product of a deeply entrenched mindset within the Church of Cyprus, one that mirrors the secular world more than it diverges from it....

13. Aegean Airlines: First Quarter 2025 Trading Update

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

14. India turns its gaze to Cyprus as gateway to Europe and the Middle East

Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....

15. China’s BYD rolls into Cyprus with big EV plans

Chinese electric vehicle giant BYD is officially driving into the Cypriot market, and it’s coming in full throttle....

16. Celebrations after UN envoy labels Cyprus President ‘leader of Greek Cyprus’

The United Nations Secretary-General’s Special Envoy for Cyprus, Maria Angela Holguin, drew criticism this week after referring to the President of the Republic of Cyprus as the “leader of Greek Cyprus” during remarks following a meeting with Turkish Cypriot leader Ersin Tatar....

17. Tatar threatens retaliation over property arrests, snubs trilateral peace talks

Turkish Cypriot leader Ersin Tatar adopted a hardline stance following his meeting with the UN Secretary-General’s personal envoy, María Ángela Holguín. Tatar focused heavily on the issue of property rights...

18. Cyprus slips in Blue Flag rankings but holds firm on coastal quality

Cyprus saw a slight decline in its internationally recognized beach quality ratings this year, with 64 beaches and two marinas receiving Blue Flag certification for 2025, down from 76 beaches in 2024....

19. Five prison officers remanded over discovery of confidential documents

The Nicosia District Court on Friday ordered the seven-day detention of five Central Prisons officers in connection with the unauthorized removal of confidential prison documents, following their discovery at the home of a fellow officer....

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

21. Cultivating success stories of innovation: Deloitte’s exclusive event celebrating tech start-ups

Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....

22. Water supply in Paphos secure through 2025

Domestic water supply for the greater Paphos area is secured through the end of 2025, according to the Ministry of Agriculture, following a high-level meeting of local and national officials at the Paphos District Water Board....

23. Do smart meters cause problems with electrical appliances?

Recent reports of household appliances catching fire following the installation of smart meters by the Electricity Authority of Cyprus (EAC) have raised concerns among the public....

24. Fire breaks out near Sina Oros after metal-cutting sparks dry brush

A forest fire broke out early Monday afternoon near the community of Sina Oros, close to the main Nicosia–Troodos road, after sparks from a handheld metal-cutting tool ignited dry vegetation....

25. i-Con 2025: Cyprus’ hottest tech and marketing event returns to Limassol

One of Cyprus’ most buzzed-about business events is back and bigger than ever. The Island Conference (i-Con) returns for its third edition on 29–30 May 2025, transforming the City of Dreams Mediterranean in Limassol into a hub of global innovation, marketing, and digital opportunity....

26. Joe Biden diagnosed with advanced prostate cancer

Former U.S. President Joe Biden, 82, has been diagnosed with an aggressive form of prostate cancer that has spread to his bones, according to a statement from his office on Sunday....

27. “Yes, but” diplomacy: The hypocrisy at the heart of our moral collapse

Alongside relentless economic precarity, the erosion and impoverishment of the middle class, environmental and public health crises, and of course the grotesque wars that have returned to Europe and the Middle East with a shocking savagery after decades, the 21st century seems to have ushered in a spiritual backslide, a collapse into the cheap and the populist....

28. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

29. Fix the roads, save lives

Just two days ago, new data was released on fatal road collisions by district, covering the year so far. Sadly, not a single silver lining can be drawn from the figures. ...

30. Kato Pyrgos goes green as Cyprus’ first eco-community takes root

Kato Pyrgos Tilliria is about to make history as Cyprus’ very first green community , and if all goes to plan, it could become a national model for how outlying areas can live cleaner, greener, and cheaper....