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1. Israeli strike hits Gaza's only Catholic church, killing three and injuring parish priest

A deadly Israeli strike on the Holy Family Church in Gaza, the enclave’s only Catholic church, killed three people and injured several others, including the parish priest, Father Gabriel Romanelli, early Thursday morning. ...

2. Government cuts out locals in €35M energy deal ahead of electricity market opening

Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....

3. Police seize knives, bat, brass knuckles in Larnaca

Five individuals were arrested in Larnaca during a coordinated police operation targeting crime and public safety, authorities said Thursday....

4. Cyprus businesses brace as EU plans tariff fight with U.S.

The European Union is getting ready to slap tariffs on more than $100 billion worth of American goods, including planes, cars, bourbon and even medical devices, if trade talks with Donald Trump fall apart. But for now, Brussels says it’s hoping cooler heads will prevail....

5. Electricity bills to rise 3% starting next cycle

Electricity bills in Cyprus will increase by 3% beginning with the next billing cycle, Energy Minister Giorgos Papanastasiou confirmed Friday....

6. Reducing the cost of living through digital solutions

Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...

7. Fake ‘Labubu’ toys seized in Cyprus-wide raid

Cyprus Customs officials have seized more than 1,300 counterfeit items during a coordinated nationwide operation targeting fake branded toys and accessories....

8. Wizz Air is back in Israel - Flights to Tel Aviv take off on 8 August

9. Agricultural plots for sale by AstroBank

AstroBank has listed for sale large agricultural plots in Nicosia, Limassol, Paphos, and Larnaca that are ideal as investments....

10. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

11. Tourism revenue soars, but Cyprus still serves up too much ''junk'' on the plate

According to the latest Traveller Survey, Cyprus brought in €304.2 million in tourism revenue this April, marking a 39.9% increase compared to April 2024, when revenue stood at €217.4 million....

12. Cyprus is being bought, and the state doesn’t seem to know or care

About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....

13. Cyprus wasted a sunny day’s worth of solar power, and burned fuel instead

In a bizarre twist for sunny Cyprus, fossil fuel power plants pumped out more electricity than renewables on Monday, even under ideal conditions for solar energy....

14. Wizz Air announces a new route from Larnaca!

Wizz Air, Europe’s most environmentally sustainable airline , is delighted to announce a new exciting direct route from Larnaca to Tirana....

15. New EV grants open, but you’ve only got until October

Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....

16. Free cabin bags could soon be law in the EU, but airlines aren’t happy

Those frustrating extra fees for carrying a small bag onto a flight may soon be grounded, for good....

17. Ship full of electric cars sinks in Pacific, now the ocean could pay the price

A cargo ship carrying over 3,000 vehicles, including hundreds of electric and hybrid cars, has sunk deep in the North Pacific, sparking serious concerns about battery contamination and a potential marine pollution disaster....

18. Of patriots, politicians and souvlakia: Cyprus in all its glory

The ''Never-Surrender'' Tornaritis is aiming for double digits with his new movement, ''Rise Up.'' And he’s absolutely convinced it’s going to stir the waters. Sound crazy? Not to me....

19. Bank of Cyprus to auction cars of all kinds on July 1

If you’re looking for a bargain on a car, the Bank of Cyprus may have just what you need....

20. Lidl Cyprus redefines freshness, investing in authenticity and locality

Lidl Cyprus presents its new summer campaign “Truly Fresh at Lidl”, an innovative approach to promoting freshness, combining cinematic aesthetics, authentic experiences and Cypriot light. ...

21. Nicosia unveils €100 million plan to fix traffic chaos and modernize the capital

Nicosia is aiming for a major transformation, with over €100 million in urban and traffic upgrades on the table, as the capital struggles with decades-old road designs, mounting traffic, and growing frustration among residents....

22. Cyprus opens electricity market to competition on October 1st

Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....

23. Real estate investment opportunities by AstroBank

AstroBank is offering an exceptional selection of residential land for sale in Nicosia, Paphos and Famagusta....

24. Cyprus’ e-kalathi falls flat, says consumer group

It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....

25. ''Lellos’ Pool'' to reopen after long-term closure

The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....

26. Larnaca on the rise as new homes fuel real estate boom

Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....

27. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

28. Two fuel importers raise prices in Cyprus with others expected to follow suit within days

Fuel prices in Cyprus began rising Wednesday, marking the first increases since the recent escalation of tensions between Iran and Israel, the head of the Cyprus Fuel Station Owners’ Association said....

29. Bank of Cyprus sells €75M worth of Paphos property to Exness

The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....

30. June Newsletter of K. Treppides & Co Ltd – 13/06/2025

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....