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1. Antidepressants exposed: Myths, controversies, and the truth behind the pills

Even if you’ve never taken antidepressants, you’re likely familiar with the criticism and controversy surrounding them....

2. 2025: A new chapter for Cyprus’s property market

2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....

3. Belgium becomes first EU country to ban disposable e-cigarettes

Belgium has made history as the first country in the European Union to ban the sale of disposable electronic cigarettes (vapes), a move aimed at reducing nicotine addiction among young people and protecting the environment....

4. 2024: A year of change and controversy in Cyprus

2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year. ...

5. Cyprus increases interest rates on arrears and court cases for 2025

Starting January 1, 2025, Cyprus is increasing interest rates related to arrears and court cases, which could affect anyone with overdue debts to the state or those involved in legal disputes....

6. Europe’s salary showdown

Curious about which European countries are paying the best?...

7. Homeownership in Cyprus drops below EU average

In 2023, 68.8% of Cypriots owned their homes, slightly below the EU average of 69.2%, according to Eurostat. Conversely, 31.2% of the population lived in rented housing, just above the EU average of 30.8%....

8. Eurozone growth hopes dim as 2025 looms

Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...

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. Bank of Cyprus rolls out support measures for vulnerable groups

After a tense voting session last week, when the bill to tax bank profits narrowly failed to pass in Parliament, the Bank of Cyprus seems to be stepping up with measures aimed at helping vulnerable communities across the island. ...

11. Banks announce 1% interest rate reduction

Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....

12. Tariffs, reforms, and rate cuts: 2025’s economic balancing act

As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....

13. Pope Francis urges families to ''make children'' during first visit to Corsica

In his first-ever visit to Corsica, Pope Francis delivered a clear message about the need for more children, urging families to embrace parenthood amid declining global birth rates. ...

14. Trump pushes to end daylight saving time

In a recent statement, newly elected U.S. President Donald Trump announced that the Republican Party "will make every effort" to end the practice of daylight saving time (DST), a twice-yearly clock change that shifts the country from winter to summer time....

15. ECB announces final rate cut for 2024

The European Central Bank (ECB) has announced a 25 basis point reduction in interest rates, marking the fourth consecutive cut for 2024....

16. MPs set to vote on over 100 bills today, including 5% tax on banks and car recalls

In today's last plenary session before the Christmas holidays, Cypriot MPs will vote on over 100 bills and legislative proposals, with attention focusing on several high-profile issues....

17. Moody’s Nick Hill on financial risks and opportunities for 2025

In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....

18. 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....

19. Stella Michaelidou, AIDS NGO president, arrested in alleged €122K fraud case

Police have arrested Stella Michaelidou, the 66-year-old president of the Support Centre for People Living with HIV/AIDS (K.Y.F.A.A.), amid serious financial fraud charges....

20. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

21. Study reveals high-dose IV vitamin C combined with chemotherapy improves survival in advanced pancreatic cancer

22. Business loans on the rise in Cyprus, but consumer borrowing takes a hit

Cyprus experienced a rise in net new loans in October, driven primarily by businesses borrowing more, especially for amounts exceeding €1 million. ...

23. Ministry mulls subsidies for 'vulnerable' boat owners amid Marina fee dispute

The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....

24. 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....

25. Cybersecurity and ICT risks emerge as leading drivers of operational risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....

26. Government expands subsidized electricity rates for vulnerable households

The Cyprus Electricity Authority (EAC) announced an important update regarding its special household tariff for vulnerable consumers, known as Code 08...

27. Cyprus receives major credit rating boost from Moody’s

Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...

28. 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....

29. Geoeconomic tensions and Cyprus: Staying the course amid challenges ahead

Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....

30. Pronomia scheme: Travel benefits for 125 lucky contestants

The countdown to Christmas has begun, and Bank of Cyprus is getting its customers in the festive mood, in a special way. The ‘pronomia’ loyalty scheme will give 125 lucky winners the chance to travel and enjoy new, unique experiences....