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1. Wizz Air unveils bold customer-first overhaul with €14 billion investment

Wizz Air, recognized as the most environmentally sustainable airline in EMEA, is taking customer experience to new heights with the launch of its Customer First transformation plan. The initiative, backed by a massive €14 billion investment over the next three years, aims to enhance every stage of the travel experience—from booking to landing....

2. Big pharma challenges EU over wastewater treatment costs

A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....

3. E-Kalathi platform set to revolutionize shopping with real-time price comparison

From the 10th of February this year, supermarkets across Cyprus have been participating in a pilot phase of the e-kalathi electronic platform, with plans to roll it out to consumers by March 4. ...

4. Sklavenitis reopens first renovated Papantoniou supermarket in Engomi

The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....

5. New EU directive to shake up electricity pricing in Cyprus

6. Important changes coming to GHS medicine prices

The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....

7. Cyprus to begin installing smart meters in February

Starting on February 1st, the Electricity Authority of Cyprus (EAC) will begin installing smart meters in homes and businesses across the island....

8. President's banking measures spark surge in first-home loans

President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....

9. Banks under fire: How public pressure forced a shake-up

Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...

10. Cypriot wine earns a spot on Financial Times’ prestigious Christmas List

A wine crafted from a rare Cypriot indigenous grape variety, produced by the boutique Makarounas Winery in Letymbou, Paphos, has achieved a significant distinction: it has been included in the Financial Times’ list of 51 “Best White Wines for Christmas.”...

11. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

12. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

13. Greek hoteliers sue booking.com over equal pricing rules

Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....

14. Spain fines Ryanair and other low-cost airlines €179M for abusive practices

Spain's Ministry of Consumer Affairs has slapped five major low-cost airlines with hefty fines totaling €179 million for a range of alleged abusive practices, including charging extra fees for hand luggage. ...

15. Sklavenitis to revamp Papantoniou supermarkets across Cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

16. Appointment of Senior Manager in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

17. Sklavenitis expands in Cyprus, shaking up the supermarket scene

The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...

18. CBC urges banks to show social responsibility despite sector’s strength

The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...

19. Cypriot economy shows resilience, growth outpaces EU average

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......

20. Sklaventis Cyprus opens new office in Limassol

Sklavenitis Cyprus has officially inaugurated its new four-story office building in Polemidia, Limassol, which encompasses 2,000 square meters and accommodates 170 workstations. ...

21. EY Cyprus Wins Transfer Pricing Firm of the Year for the Sixth Consecutive Year and Charalambos Palaontas Recognized as Leading Practitioner

EY Cyprus has once again been named Transfer Pricing Firm of the Year by the International Tax Review (ITR), marking the sixth consecutive year the firm has received this prestigious recognition. ...

22. Hellenic Bank boosts first-time buyers with reduced rates

Hellenic Bank has introduced a new scheme offering reduced interest rates for first-time homebuyers....

23. Cyprus faces crucial energy decisions in Nicosia meeting

Cyprus' political leadership is poised to make pivotal decisions about its energy future in a major meeting set to take place at the Presidential Palace tomorrow, according to Kathimerini's Apostolos Tomaras. ...

24. Qantas passengers score first-class tickets at 85% off

Qantas Airways recently made a costly mistake, offering first-class tickets at an 85% discount due to a coding error. The Australian airline accidentally listed round-trip first-class flights from Australia to the United States, typically priced at up to AUD 28,000 (USD 19,000), for just AUD 3,400 (USD 2,300)....

25. EMA slams EAC for undermining electricity market competition

The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....

26. Resolution on drug shortage issue expected next week

Health Minister Michalis Damianos anticipates a solution to the ongoing drug shortage issue by early next week, he announced Friday....

27. Dior bags assembled for €53, sold at €2,600

Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....

28. Limassol Blu Marine Zeus Tower construction update

The Leptos Group is proud to announce the ongoing construction of the highly anticipated Zeus Tower - Signature Collection, the second tower of the renowned Limassol Blu Marine development....

29. Some supermarkets charging more than advertised, says CPS

The Consumer Protection Service of the Ministry of Commerce in Cyprus is urging greater transparency in supermarket pricing, requesting the disclosure of discounts offered by supermarkets and the names of those included in the Price Observatory....

30. FT: Law firms turn to AI for cost cutting and efficiency

Law firms worldwide are increasingly turning to generative artificial intelligence (AI) to streamline operations and reduce costs, with many either......