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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. Trump declares tariff war, with chart in hand

At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...

3. Cyprus’ tech boom boosts the economy by €7 Billion

For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....

4. From water woes to bank bets, here are the stories to follow

5. Prices drop for most basic goods, but fresh produce keep climbing

Good news for shoppers—most basic goods saw a price drop in February, according to the latest Consumer Price Observatory report from the Consumer Protection Service. However, if you're buying fresh vegetables and greens, you might have noticed your grocery bill going up....

6. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

7. Nearly 1 in 5 households in Cyprus unable to keep homes warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

8. Cyprus accused of migrant pushbacks amid deadly shipwreck

A tragic shipwreck off Cape Greco has reignited the debate over Cyprus’ handling of migration, just as the government claimed to have successfully tackled the issue....

9. Bank of Cyprus upgraded to investment grade by Fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

10. New Porsche Macan with five stars in Euro NCAP

The new Porsche Macan has received the top rating of five stars in the Euro NCAP test. The four-door sports car impressed with top scores in all test disciplines. ...

11. Lower VAT on electricity to ease consumer costs starting in April

Starting April 1, 2025, the Cyprus Electricity Authority (AΗΚ) will implement a temporary consumer support measure announced recently by President Nikos Christodoulides....

12. Ancient Alexandria crumbles as rising seas threaten its future

Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....

13. Cyprus sees nearly 400 hundred cases of colorectal cancer annually

Approximately 350 to 400 new cases of colorectal cancer are diagnosed in Cyprus each year, making it the island's third most common cancer....

14. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

15. Cyprus turns up the heat, and it’s only March!

Well folks, it’s only March, but Cyprus is already cranking up the thermostat! If you’re feeling hot under the collar, you’re not alone—today’s temps are making us wonder if summer RSVPed way too early....

16. ECB cuts interest rates by 25 points as inflation eases

The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....

17. Death of Moldovan woman highlights human trafficking crisis in occupied North

A chilling tragedy unfolded in the occupied northern part of Cyprus as Anastasia Melega, a young woman from Moldova, was found dead late Monday evening at the ''Prinses'' nightclub-cabaret in occupied Gerolakkos, where she had worked. ...

18. Net-billing to replace net-metering: What you need to know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

19. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

20. Unemployment in Cyprus inches up but remains below EU average

Unemployment in Cyprus ticked up slightly in January 2025, reaching 5.0%, compared to 4.9% the previous month, according to new data from Eurostat. Despite the monthly rise, the overall trend remains positive, with unemployment lower than the 5.3% recorded in January 2024....

21. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

22. How Cyprus became the secret hub of the global porn industry

When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....

23. Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

24. Unvaccinated child dies of measles in Texas

A child in West Texas has died from measles, marking the first reported U.S. death from the disease in ten years, according to state health officials....

25. Outrage over excessive inspection charges in Takata airbag recall

Companies conducting vehicle inspections as part of the Takata airbag recall are under fire for imposing hefty administrative fees, with some charging up to €160 for inspections that should be free under European regulations. ...

26. University of Cyprus study reveals potential advances in cancer treatment

A recent study by researchers at the University of Cyprus (UCY) in collaboration with the University of Oxford has unveiled promising medical applications for cancer and rare genetic disease treatments....

27. Cyprus tax reform: A win for families, a challenge for businesses

Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....

28. Fintech giants eye Cyprus' small banks in race for European banking licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

29. The ''geniuses'' behind Cyprus’ energy farce

For those of you who thought that the TikTok videos where a wanted criminal chats with the police were the most absurd thing to happen this week, you were wrong....

30. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...