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1. Cyprus bets on students to revitalize Old Nicosia, but at what cost?

Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...

2. No personal responsibility found for flooding in pharmaceutical warehouses

Health Minister Michalis Damianou confirmed that a tender is currently underway for the rental or construction of new pharmaceutical warehouses....

3. Man found dead, with hands and feet bound, and a bag over his head

A man was found dead in the Omonia area of Athens, inside the apartment where he was temporarily staying....

4. 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....

5. One in three short-term rental accommodations is illegal

6. Cyprus moves to ease car recall chaos with rental cars and free bus passes

The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....

7. Priced out: Londoners live in empty schools and offices as rents soar

According to CNN, as London’s rental crisis deepens, a growing number of residents are opting to live in disused schools, office buildings, and even an old cathedral to escape skyrocketing housing costs....

8. 100% tax on foreign buyers in Spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

9. Greece cracks down on Airbnb rentals

In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...

10. Cyprus & Greece Market Overview: 2023-2024 and Projections for 2025 and Beyond

The market underwent significant changes from mid-2023 onwards due to several global and regional factors....

11. EPIC, SPP Media, and Deejay Radio Unite for a Great Cause

Once again, Nicosia will be transformed into a Christmas wonderland as the city's biggest holiday street festival returns. This year’s EPIC STREET FEST promises to bring together people of all ages for a celebration filled with music, food, drinks, and plenty of festive fun....

12. 50,000 vehicles in Cyprus face recall over defective Takata airbags

Cyprus could see up to 50,000 cars recalled due to the dangerous Takata airbags, a defective part responsible for deaths and injuries around the world, including in Cyprus. ...

13. 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....

14. Minimum income recipients allegedly renting T/C properties for pennies

A shocking new controversy has emerged involving recipients of the minimum guaranteed income who are allegedly renting valuable Turkish Cypriot properties for an incredibly low price. ...

15. 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....

16. Florence cracks down on over tourism in historic city center

As millions of tourists flood Italy’s historic cities, Florence is stepping up efforts to manage the pressures of overtourism. With concerns mounting that the high visitor volume threatens the city’s cultural heritage and livability, ...

17. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2024 Q3

On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...

18. Cypriot residents' travel spending hits €2.23 billion in 2023

Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....

19. Traffic offenders targeted with new photo radar, e-toll systems

Cyprus is gearing up to roll out two new systems to better enforce traffic violations captured by radar cameras and to ensure fines reach offenders who have avoided detection or failed to pay up. ...

20. Protests rise against Barcelona's growing tourist influx

Barcelona is grappling with a surge in tourism that has led to rising tensions among locals. Iconic landmarks like Sagrada Familia and Park Güell, along with bustling streets like Las Ramblas, are attracting 170,000 visitors daily, according to city authorities. ...

21. Digital Transformation OR Vanish!

Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....

22. Limassol office costs outpace London and Amsterdam

Office rental prices in Cyprus, particularly in Limassol, have exceeded those in cities like London and Amsterdam, according to major tech companies operating on the island....

23. New flights from Lebanon for UK nationals, with boat routes to Cyprus

More charter flights are expected throughout the day to evacuate British nationals from Lebanon, according to the UK Foreign Office, which described the number of flights as "limited." ...

24. Tiny house, big rent: Limassol's housing crisis hits new heights

It's no secret that rental prices in Cyprus, especially in Limassol, have skyrocketed to absurd levels. With people struggling to find affordable housing amidst a sea of luxury apartments and inflated costs, one local decided to poke fun at the situation—and it's hilarious!...

25. Greece imposes 20-euro levy on cruise visitors to curb overtourism

Greece plans to impose a 20-euro levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season, in a bid to avert overtourism, Prime Minister Kyriakos Mitsotakis said on Sunday....

26. Cyprus' illusion of prosperity as unemployment numbers mask realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

27. Kamala Harris unveils economic plan with tax cuts and housing focus

Vice President Kamala Harris is set to present a comprehensive economic plan during a major policy speech in Raleigh, North Carolina, on Friday....

28. Greece and the ferry-tale nightmare

The ferry boat situation in Greece is rapidly becoming an unfortunate stain on the very fabric of the country. As someone who not only vacations in Greece, I also own, operate, and conduct business there in the tourism sector....

29. Motorcycle falls 90 meters from cliff onto Akamas coast

A four-wheeled rental motorcycle plunged into the sea after falling from a 90-meter cliff in a road accident on Sunday at the Baths of Aphrodite....

30. Olympic medalists receive life-changing rewards from home countries