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1. 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....

2. 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....

3. 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....

4. 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%....

5. 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. ...

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

7. 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....

8. 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. ...

9. 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....

10. 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. ...

11. Tragic situation at the dams - Closer to a nightmare scenario

The water flow into the dams during January 2025 are not only not in line with our expectations, but brought us closer to the nightmare scenario of a water emergency situation....

12. A little extra for everyone as pensions get a new year's boost

The Council of Ministers has approved an increase in pensions from the Social Insurance Fund (TKA) starting in January 2025....

13. A clean bill of health for Paphos' food packaging industry

A total of 600 inspections were conducted by the Paphos Municipal Health Service as part of preventive measures during the festive period, with only three establishments requiring observations, according to the Head of the Service, Christos Christou....

14. Europe’s salary showdown

Curious about which European countries are paying the best?...

15. Eurozone growth hopes dim as 2025 looms

Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...

16. French investment powers up Cyprus-Greece electricity link with €1.9B deal

A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....

17. Government launches mortgage subsidy to ease inflation’s grip

The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation....

18. Part-time work declines in Cyprus, gender gap narrows

In 2023, the share of part-time workers in Cyprus for those aged 20-64 was at 8%, a slight drop from 9.1% in 2022. This trend of declining part-time work has been consistent in Cyprus since 2014...

19. Cyprus GDP and living standards improve, but challenges remain

Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....

20. Fed cuts rates by 0.25%, economic activity expands steadily

The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....

21. Polls close in key US battlegrounds as Trump secures early wins

Polls have closed in the U.S. presidential election, including in all seven crucial swing states, as results start to trickle in....

22. Nearly 30% of non-EU seniors in EU Report Health in ''bad'' or ''very bad'' condition

In 2023, a percentage of 28% of non-EU citizens living in the EU aged 65 years or over perceived themselves to be in bad or very bad state of health. ...

23. Cyprus faces financial imbalance as assets fall short of liabilities

As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....

24. Kotsovolos: One Destination, the full Apple Experience

For those who are looking for the ultimate Apple experience, the answer is simple: Kotsovolos!...

25. Attica Bank secures US investment ahead of €672M share sale

Two major US investment funds are expected to participate in Attica Bank’s share capital increase, which takes place from October 21 to 30 and aims to raise 672.2 million euros....

26. Inflation slows to 0.7% in September due to falling oil prices

Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....

27. Cyprus Central Bank raises 2024 GDP growth forecast to 3.5%

The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East. ...

28. Far-right Freedom Party wins big in Austria election

Austria's political landscape has entered a period of uncertainty following the far-right Freedom Party’s (FPÖ) historic success in Sunday’s general election......

29. 127,236 people in Cyprus were at risk of poverty in 2023

Nearly 14% of people in Cyprus were at risk of poverty in 2023, according to a new report from the Statistical Service of Cyprus. This means around 127,236 individuals lived on a yearly disposable income of €11,324 or less....

30. Cyprus sees decline in use of online government services

In 2023, Cyprus reported that only 66% of its citizens accessed government websites for online services, according to data from Eurostat, the statistical service of the European Union....