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31. Will they at least stabilize?

In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....

32. Long-term government bonds face growing investor pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

33. 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....

34. 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....

35. House Speaker pushes back on claims over spending

In response to public scrutiny and a report by Kathimerini's Apostolos Tomaras about parliamentary expenses, House Speaker Annita Dimitriou has stepped in to defend how taxpayer money is being spent, ...

36. Cypriots cruise into summer despite rising costs

Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....

37. Let them eat cake!

We all remember the former Auditor General’s infamous visit to the presidential bedroom and the rumors about curtains and a €100,000 renovation....

38. Despite presidential pleas, electricity bills set to rise again

Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....

39. 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....

40. Lidl Cyprus highlights the value of its collaboration with Evrofarma during a press trip to the heart of greek production

Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....

41. I can’t believe I missed it: International Potato Day, the spud-tacular holiday we all forgot

So here I am, blissfully unaware and blissfully late, only realizing, two days too late, that International Potato Day just rolled past like a hot baked potato fresh out of the oven. And not just any potato, but the Cypriot potato. ...

42. No threat to Sinai Monastery, Egypt tells Greece and Cyprus

Egypt moved to ease tensions Thursday after speculation erupted over a court ruling that some feared could threaten the sacred standing of Saint Catherine’s Monastery, ...

43. Real estate investment opportunities by AstroBank

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

44. May Newsletter of K. Treppides & Co Ltd – 16/05/2025

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....

45. Desalination lifeline arrives from UAE as island braces for summer drought

Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....

46. EU lawmakers approve tariff hikes on Russian, Belarusian agricultural imports

The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....

47. Fake travel agent busted in €160K EuroLeague ticket scam

A 38-year-old woman is behind bars after allegedly swindling more than €160,000 from at least 50 people in a bogus ticket and travel scheme tied to the EuroLeague Final Four basketball tournament in Abu Dhabi....

48. WIZZ AIR ANNOUNCES NEW ROUTE – FLY TO SPAIN FROM CYPRUS THIS OCTOBER!

Wizz Air, the most environmentally sustainable airline in the EMEA region , is thrilled to announce the launch of an exciting new route from Larnaca to Barcelona, Spain, launching this October....

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

50. Increasing Total Housing Supply Is Key to Tackling the Housing Crisis

Cyprus is at a critical juncture in its housing crisis, with property prices on the rise and supply struggling to meet existing demand. ...

51. Have we lost our minds? Or worse, our humanity?

A friend called me early this morning and said, ''I’m really starting to hate the world.'' It was the caffeine kick I needed to jolt me wide awake....

52. Meat and coffee prices climb as eggs and oil cool off

If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....

53. Desalination units targeted for May arrival and operation by June

The Agriculture Ministry is racing against time to balance water supply during the peak demand of the summer months....

54. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

55. Green Agenda Cyprus Summit 2025: Paving the way for a greener future

As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....

56. Cypriot mother arrested in Greece after kids found with burn marks

A disturbing case involving a 32-year-old woman originally from Cyprus has rocked the city of Larissa in Greece after her two young children were found with what appear to be cigarette burns on their bodies....

57. Tourist beaten over sunbed dispute on Turkish beach

A summer getaway turned violent on a beach in Alanya, Turkey, when a tourist was viciously attacked after refusing to pay for a sunbed, an incident that’s drawn widespread outrage and prompted swift action from local authorities....

58. Ramez Naam: Solar power is getting cheaper, and Cyprus is sitting on a goldmine

If there’s one thing Cyprus has plenty of, it’s sunshine. And according to clean energy expert and futurist Ramez Naam, that makes the island perfectly placed to thrive in the global shift to clean energy, as long as it invests in the right tech....

59. Adidas drone show near the Acropolis triggers legal drama and culture chat (VIDEO)

What happens when Adidas drones buzz near the Acropolis? Apparently, a legal kerfuffle and a lively debate about mixing business with ancient history....

60. New brand identity: CRIVIT on the way to becoming the strongest movement brand in Europe

The CRIVIT brand presents the launch of the first international omnichannel campaign, "FIND YOUR MOVE". The campaign brings the joy of movement to TV screens, social media, and Lidl stores in over 30 countries. ...