Search

1. Cyprus’ COLA comeback: What changes, who benefits, and who’s still left out

Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....

2. Daily GenAI users see higher pay, job security and productivity – while a third of the global workforce regularly feel overwhelmed: PwC

Workers who used generative AI (GenAI) daily over the last year report being more productive, and seeing higher job security and pay, according to PwC’s 2025 Global Workforce Hopes & Fears Survey....

3. Erhurman’s victory signals shift in Turkish Cypriot politics

The recent election victory of Tufan Erhurman in the occupied north of Cyprus marks more than a simple leadership change: it reflects a reshaping of Turkish Cypriot political identity, according to research by the University of Cyprus....

4. Erhürman leads in poll as U.S. reaffirms Cyprus reunification

A new poll suggests that Tufan Erhürman, head of the Republican Turkish Party (CTP), could clinch a first-round win in the upcoming Turkish Cypriot ''presidential elections,'' while his party is projected to secure enough votes for a single-party ''government'' in “parliamentary elections.”...

5. Cyprus central bank projects 3.3% economic growth in 2025

Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....

6. Suicide remains a leading cause of death among young people in EU

Suicide accounted for more than one in six deaths among young people aged 15 to 29 in the European Union in 2022, according to the latest data from Eurostat. ...

7. Cyprus posts lowest inflation rate in EU as eurozone holds steady

Cyprus recorded the lowest annual inflation rate in the European Union in July, just 0.1%, as price growth across the euro area held steady at 2.0%, according to data released Friday by Eurostat....

8. Back-to-school survival guide: Kids return, parents rejoice (quietly)

The day has finally come. Thousands of Cyprus’ teenagers returned to classrooms Monday, ending weeks of summer holiday where ''I’m bored'' became the national soundtrack....

9. Mass murder is a pogrom; Booing tourists is not

The fact that humanity has stooped to counting victims and fatalities with such meticulous precision just to debate whether or not this constitutes genocide is itself indicative of the decadent decay we have fallen into....

10. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

11. One in three Cypriot residents can’t afford a week-long holiday abroad

Roughly one in three Cypriot residents (33.2%) aged 16 and older say they cannot afford a one-week holiday abroad, according to a recent Eurostat survey....

12. Nearly all young people in Cyprus and Greece use social media daily, Eurostat finds

On International Youth Skills Day, July 15, Eurostat released a survey highlighting daily social media use among young people, with Cyprus and Greece ranking near the top....

13. 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....

14. One in four students leaves primary school with critically low skills

The dust has long settled on the issue. After a period of obsessive opposition and a kind of cat-and-mouse resistance to the now-infamous ''quarterly exams,'' the government ultimately gave in to public pressure. ...

15. Vapes worse than cigarettes? Some brands are

You might want to think twice before reaching for that flavored vape. It could be exposing you to more cancer-causing toxins than a pack of cigarettes....

16. Cyprus sees drop in child poverty rate, ranks second lowest in EU

About 26,000 children in Cyprus were at risk of poverty or social exclusion in 2024, accounting for 14.8% of the country’s child population, according to figures released Tuesday by Eurostat, the European Union’s statistical agency....

17. Cyprus jobless rate hits 15-year low, and it's about time

Cyprus is finally catching a break on the job front. According to fresh numbers from Eurostat, 2024 saw unemployment in Cyprus fall to its lowest level since 2009, and that’s not just good news for economists but for anyone who’s spent time job hunting or worrying about someone who has....

18. Apartments take the lead in Cyprus property market boom

Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....

19. AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...

20. Cyprus makes its move in the age of AI

Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....

21. One in three Cypriot households struggling with rising costs

Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....

22. Nearly 1 in 5 households in Cyprus unable to keep homes warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

23. Cyprus tops EU in female enrollment for Master’s and Doctorate programs

In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....

24. Cypriot students among EU’s highest in e-cigarette and hookah use

A recent European-wide survey (ESPAD) has revealed that Cypriot students rank among the highest in Europe for e-cigarette and hookah use, with 4.6% reporting daily use—well above the European average of 3.1%....

25. 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. ...

26. The far right is growing, and ‘good vibes’ won’t be enough to stop it

27. Cypriots are eating more fish, but getting pickier about its source

Cypriots are eating more fish and seafood than ever before, according to a new report on European food trends. But while the trend is on the rise, many people are becoming more selective about what they put on their plates — and their choices are being influenced by cost, sustainability, and food transparency....

28. 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. ...

29. 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....

30. 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. ...