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31. UK denies involvement of Cyprus bases in Israeli strikes on Iran

The United Kingdom has firmly denied allegations that its sovereign bases in Cyprus were used to support recent Israeli airstrikes on Iran, calling the claims “nonsense” and “deeply irresponsible.”...

32. Oil and gas prices surge after attack on Iran nuclear sites

Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....

33. June Newsletter of K. Treppides & Co Ltd – 06/06/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

34. Deutsche Bank eyes return to Cyprus after nearly a decade

Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....

35. Man rescues entangled loggerhead turtle off Akamas coast

A man out on a speedboat near the Akamas peninsula came to the rescue of a distressed loggerhead sea turtle (Caretta caretta) after spotting it tangled in a plastic bag and struggling to swim....

36. Man vandalizes Holy Cross Catholic Church in Nicosia

An African man believed to be under the influence of drugs entered the Holy Cross Catholic Church in central Nicosia around 3:00 PM on Tuesday, June 10, causing chaos before fleeing the scene....

37. No tender, no permits, no problem

A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....

38. Cyprus Police unveil new armored vehicle for anti-terror raids and rescues

The Cyprus Police Force is upgrading its tactical response capabilities with the addition of a new armored vehicle to its fleet, specifically for the Special Anti-Terrorist Unit (EAO) of MMAD....

39. Wrong-way driver terrifies motorists on Limassol-Nicosia road (video)

A shocking case of reckless driving caused panic on the Limassol-Nicosia highway on Sunday, June 8, when a double-cab vehicle was caught on camera driving in the wrong direction....

40.  Experts puzzled by unusual seismic activity linked to earthquake at Mount Athos

A flurry of unusual seismic activity, centered offshore near Mount Athos, home to ancient Orthodox monasteries, has scientists puzzled and on high alert....

41. Long-term government bonds face growing investor pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

42. Heads up! Low-flying helicopters to clean power lines across Cyprus

The Electricity Authority of Cyprus (EAC) has announced that a helicopter will be flying low over towns and villages across the island from June 10 to June 30, as part of a scheduled maintenance program to clean high-voltage insulators on transmission lines....

43. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....

44. From I do to I declare: Weddings now come with a bank form

Weddings in Cyprus come with dancing, food, and the all-important envelope. But now, it seems those envelopes might need more paperwork than your actual marriage license....

45. Good news for borrowers as ECB to cut interest rates

The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...

46. New U.S. travel ban to block visitors from nearly 20 countries

In a move that echoes one of the most controversial policies of his presidency, former U.S. President Donald Trump has signed a new travel proclamation that blocks or restricts entry into the United States from nearly 20 countries....

47. May Newsletter of K. Treppides & Co Ltd – 30/05/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

48. The firefighter who refused to stay silent

In one of the darkest chapters of modern Greek history, when flames engulfed the seaside town of Mati in July 2018, claiming 104 lives in a matter of hours, it wasn’t just the fire that left scars; it was the lack of response and accountability....

49. Porsche hits the brakes on Taycan EV sales over fire risk

Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....

50. No green light for jet skis yet as Ayia Napa puts Konnos water sports on hold

Water sports at one of Cyprus’ most popular beaches are on hold, for now. The Ayia Napa Municipality has hit pause on the licensing process for activities in the Konnos Bay area, raising red flags over safety and health concerns....

51. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

52. Deloitte Cyprus welcomes two new partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

53. Despite presidential pleas, electricity bills set to rise again

Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....

54. Phedon Phedonos sounds the alarm: Drugs in schools, fake degrees on the rise

In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...

55. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

56. Debate over euthanasia bill draws public and political reactions

A proposed bill to legalize euthanasia in Cyprus has prompted public discussion and divided opinions among lawmakers, with supporters advocating for open dialogue and critics warning of potential risks....

57. What’s really going on here?

Members of the press enjoy certain privileges. At the same time, they bear real responsibilities....

58. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

59. Cyprus sees drop in child poverty rate, ranks second lowest in EU

About 26,000 children in Cyprus were at risk of poverty or social exclusion in 2024, accounting for 14.8% of the country’s child population, according to figures released Tuesday by Eurostat, the European Union’s statistical agency....

60. EAC admits fire risk in thousands of homes

Thousands of homes in Cyprus may be at risk of fire, electric shock, or damage to appliances due to faulty circuit breakers, and for the first time, the Electricity Authority of Cyprus (EAC) is acknowledging the problem....