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61. 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....

62. Elon Musk becomes first person to achieve a $400 billion net worth

Elon Musk, the world’s richest person, has reached an unprecedented milestone: a net worth of $400 billion, according to Bloomberg....

63. 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....

64. Cutting-edge American rifles boost Cyprus' security forces

According to a report by Kathimerini reporter Yiannis Ioannou, the ties between the United States and Cyprus continue to grow stronger, now making a practical impact on the field....

65. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

66. Cyprus Parliament approves limit on large cash transactions

Cyprus lawmakers have taken a significant step in tackling money laundering and illegal activities by approving a proposal to limit large cash transactions....

67. Black Friday buzz as shoppers return in full force

According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...

68. Cyprus strengthens military strategy with focus on US armaments

Cyprus has been making strategic shifts in its military and diplomatic approach, particularly with regard to its relationship with NATO and its defense infrastructure, according to an article by Apostolos Tomaras in this Sunday's Kathimerini. ...

69. Why the NATO debate is still a divisive issue in Cyprus

The NATO debate in Cyprus has always been polarizing. Unlike the real debate on membership in the North Atlantic Alliance—which requires preconditions and an invitation, not just an "application"—...

70. Cyprus EU anniversary coins spark collector mania

The Central Bank of Cyprus’ commemorative coins celebrating 20 years since Cyprus joined the European Union have proven to be a hot commodity among collectors....

71. Court hands down stiff sentences in major extortion and embezzlement case

In a significant move against financial crime, the Criminal Court in Larnaca has handed down tough sentences to two men involved in an elaborate scheme of extortion, embezzlement, and money laundering. ...

72. Petrolina acquires Esso in Cyprus for €48.6 million

Petrolina (Holdings) Public Limited (PHL) has successfully acquired ExxonMobil Cyprus Limited (EMCL), the company behind the Esso brand in Cyprus, for €48.6 million. ...

73. Eurobank’s €1.2 billion investment in Cyprus signals confidence

According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....

74. Eurobank acquires full control of Hellenic Bank

Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....

75. Ellen Degeneres joins Americans eyeing life abroad after Trump’s return to power

Former talk show host and comedian Ellen DeGeneres is trading sunny California for the picturesque Cotswolds in England, following Donald Trump’s 2024 presidential election victory....

76. Primary residence and the benefit of 5% reduced VAT rate

Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....

77. Rising food prices leave Cypriot households struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

78. Apple quietly discontinues lightning to 3.5mm headphone adapter

Apple has quietly pulled the plug on its once-essential Lightning to 3.5mm headphone adapter, marking the end of an era for iPhone users who relied on the small accessory....

79. Nicosia player wins €100,000 in JOKER lottery

80. Greek real estate fourth cheapest in Europe, draws foreign buyers

The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe....

81. TEMU: ''Half Cyprus is better than none''

The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...

82. Bank workers union sets sights on big move in Bank of Cyprus

Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....

83. Magical Christmas with Lidl - the Lidl Christmas movie

Every year, Lidl's Christmas campaign reinforces its position as the go-to partner for a magical holiday season, offering a diverse product range and celebrating the spirit of sharing....

84. New EU tariffs on Chinese EVs slow Cyprus’ shift to electric cars

The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....

85. Ankara ''closely monitors'' weapon system renewal processes

The spokesperson for the Turkish Ministry of Defense stated during the weekly press briefing that Ankara is "closely monitoring" the process of renewing weapon systems....

86. Lidl Cyprus gives new life to fruit and vegetables with the 'Choose me' bag

With a new initiative, Lidl Cyprus invites all its customers to choose the "Choose me" bag and help reduce food waste, while saving money on their daily purchases....

87. Cyprus government revisits foreign investment control amid hospital takeovers

The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...

88. Government announces new measures to help vulnerable households

In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....

89. Countdown to Black Friday: Tips to avoid scams

As Black Friday approaches on Nov. 29, businesses worldwide are gearing up for significant sales events. Recognized as the unofficial start of the holiday shopping season in the U.S. since 1952, Black Friday is observed on the fourth Friday in November, the day after Thanksgiving....

90. Cypriot citizens linked to $75 million money laundering probe in the French Riviera

French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...