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61. Waitstaff say employers are pocketing their tips

Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....

62. Prison or mini-market?

A prison cell in Nicosia turned into a makeshift shop, complete with croissants, cigarettes, coffee, and prepaid phone cards, has landed a chief warden, an inmate, and the inmate’s wife in serious legal trouble....

63. Human Rights Court voices concern over migrant treatment in Cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

64. Turkey irked by Greece–Cyprus power cable plans near Karpathos

65. Police warn of scam texts demanding payment for traffic fines

Cyprus police are sounding the alarm over a wave of scam messages being sent via social media and mobile phones, claiming recipients must pay fines for alleged traffic violations....

66. March Newsletter of K. Treppides & Co Ltd – 27/03/2025

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....

67. Millions spent, promises made—but children still suffer in silence

''What’s the goal here? To have food on the table for a day or two, or to ensure there's always food on the table?''...

68. Audit exposes gaps in Health Ministry’s grant and payment systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

69. Police using airport cameras to track unpaid traffic fines, raises legal alarm

A controversial system used at Cyprus' airports to track down drivers who fail to collect and pay traffic camera fines is facing legal scrutiny, as lawmakers question whether it operates within the law....

70. Ex-Volunteer Commissioner admits to using fake diplomas to secure job

Former Volunteer Commissioner Yiannis Giannakis admitted in court on Wednesday to using forged academic diplomas to secure his position....

71. 190,000 unpaid traffic fines as deadline looms on March 31st

With the deadline fast approaching, a staggering 190,000 unpaid traffic fines remain unsettled under Cyprus' photocertification system. Drivers have until Monday, March 31, to pay, or they will face criminal prosecution without further delay, ...

72. Deadline looms for outstanding traffic fines

Cypriot vehicle owners have until March 31, 2025, to settle any outstanding out-of-court fines related to traffic infractions captured by the phototagging system, the police have announced. After this deadline, failing to pay could lead to criminal prosecution and the formation of a criminal file....

73. Here’s where the 11 new ATMs will be installed in Cyprus

The two major banks in Cyprus, Bank of Cyprus and Hellenic Bank, are moving forward with agreements made with President Christodoulides....

74. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

75. New traffic law extends deadlines and adds timers

In a recent plenary session, the House of Representatives approved several key law proposals aimed at adjusting how traffic offenses are handled in Cyprus, particularly in relation to photoelectricity cameras and traffic lights....

76. Retired but still on payroll as doctor gets paid for 10 months after retiring

A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....

77. Cyprus faces uncertain future as electricity link with Greece stalls

The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...

78. British couple stranded in north Cyprus with twins finally departs

A British same-sex couple who had been stranded in the occupied territories of Cyprus with their newborn twins have finally departed, as authorities continue to investigate a Limassol-based clinic suspected of offering surrogacy services without proper licences....

79. MPs mull casino cash exemption despite laundering fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....

80. Net-billing to replace net-metering: What you need to know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

81. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

82. Police demand €45,000 for carnival security, sparks outrage

A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....

83. 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. ...

84. Cypriots slow to embrace digital ID cards

Demand for digital identity cards (eIDs) in Cyprus has fallen short of expectations since the program's launch in January 2025....

85. Farmers face devastating crop losses as freezing temps hit hard

Cyprus’ farmers are facing major losses as freezing temperatures from the Coral weather system devastate crops across the island. The Ministry of Agriculture, Rural Development, and Environment has vowed to step in quickly, promising immediate support for those affected....

86. Paphos-Polis ''killer road'' to become four-lane highway after years of delays

The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....

87. Over €42,000 in uncovered payments issued in January

In January 2025, a total of €42,062 worth of bounced cheques were issued in Cyprus....

88. Bank of Cyprus cancels plan to sell JCC Payment Systems

The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....

89. Cyprus government gives hotels deadline to get licensed or face closure

The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...

90. Cyprus court halts sale of mortgaged property

In a landmark ruling, the Nicosia District Court has suspended the sale of mortgaged properties, citing illegalities in mortgage agreements....