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1. Rental prices in Cyprus show dramatic divide: Limassol rents more than double those in Paphos and Larnaca

Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments....

2. Who said you have to go anywhere to get away?

Your Instagram feed might be serving you postcard after postcard from the Amalfi Coast, Mykonos, or some remote Japanese island that suddenly everyone seems to have discovered....

3. ''Safety Concerns'' or just a tax grab?

A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....

4. Government unveils comprehensive aid package for Limassol fire victims: Cash payments, rent subsidies, and full damage restoration

Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....

5. ''They just don’t care'': Paphos Mayor slams state over housing crisis

Paphos Mayor Phaedon Phaedonos is taking aim at the government for ignoring what he says is a growing housing crisis that’s forcing residents into basements and long-term debt just to have a roof over their heads....

6. Skip truck drivers sound the alarm: ''Help us, or everyone pays''

Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out” Subtitle: ...

7. ''We Failed'': President apologizes over wildfire response, announces 12 relief measures

President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....

8. Cyprus consumers more price-savvy than new e-kalathi platform

More than a month after its launch, Cyprus’ e-kalathi digital price comparison tool is struggling to win over consumers, many of whom appear to be better informed than the platform itself when it comes to supermarket pricing....

9. Kabul’s taps are running dry, and time is too

A worsening water crisis in Afghanistan’s capital is pushing families to the brink, as rapid population growth, climate change, and decades of groundwater overuse drain Kabul’s fragile water supply, aid groups warn....

10. 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....

11. 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....

12. 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. ...

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

14. 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....

15. 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....

16. 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....

17. 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....

18. 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....

19. 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....

20. 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....

21. ''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....

22. 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....

23. 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....

24. 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....

25. 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....

26. 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....

27. Oil and gas prices surge after attack on Iran nuclear sites

Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....

28. 78 dead in Israeli strikes on Iran, dozens wounded as tensions continue to escalate

At least 78 people were killed and more than 320 injured after Israel launched a sweeping series of airstrikes across Iran early Friday, targeting nuclear and military facilities in what officials described as a response to Tehran’s continued threats and regional aggression....

29. Cypriots brace for impact as fuel prices set to jump after Mideast strikes

Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....

30. Cyprus activates emergency council as Middle East tensions explode

Cyprus is stepping up emergency measures following Israel’s military strike on Iran, with President Nikos Christodoulides convening an urgent meeting of the National Security Council on Friday afternoon, officials confirmed....