Search

1. Grigorios Kamperis, Nicholas Argyrou, George Louka and Elias Kokkinos to speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference will focus on supporting and strengthening Cyprus’s national strategy for the Green Transition....

2. €14 million in unpaid VAT? Gone.

Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....

3. Cyprus targets Turkish nationals over property sales in occupied north

For the first time ever, arrest warrants issued by the Republic of Cyprus over the sale and development of Greek Cypriot properties in the Turkish-occupied north are targeting Turkish nationals. ...

4. New evidence in Cyprus Papers passport scandal shows photos and faxes pointing to political interference

Testimony continued Tuesday in the high-profile case sparked by Al Jazeera’s 2020 Cyprus Papers investigation, with a police sergeant detailing evidence suggesting political interference and irregularities in the naturalization of foreign investors....

5. Scammers send fake Tax Department emails in refund scheme

Scammers are sending fraudulent emails claiming to be from the Cyprus Tax Department in an attempt to steal personal and banking information, officials warned....

6. New 15% tax hits Hellenic and other banks

Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....

7. Block a highway, roast a souvla...no crime, just Cyprus

The hunters who blocked the highway to roast meat and inconvenience thousands of citizens won’t be investigated for any offense....

8. 50% of recyclables in Koshi are landfilled

50% of recyclable products sent to Koshi are being landfilled in the cell at the factory there, while recyclables from Limassol and Paphos, at least in recent months, are being exported abroad for management....

9. Transport Ministry to relaunch electric car grants after public backlash

The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....

10. Hotels race for private desalination plants as summer approaches

Large hotel groups across Cyprus are seriously looking into installing their own small desalination plants as a way to secure enough water during the island’s scorching, dry summers....

11. Pensioner scammed out of €142K in online investment trap

A 77-year-old man in Cyprus has been left devastated after falling victim to a sophisticated online scam that cost him a staggering €142,000, police said on Friday....

12. More people can now apply for affordable housing help

Good news if you’ve been struggling to qualify for affordable housing: the government just made it easier to apply....

13. Grants up to €35,000 for renovating empty homes – with a catch.

The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....

14. Audit exposes gaps in Health Ministry’s grant and payment systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

15. FBI urges Cyprus to use digital tech in fight against financial crime

Cyprus is facing increasing pressure to overhaul its approach to financial crime and sanctions evasion, following the release of a crucial report from the FBI and the U.S. Department of Justice. ...

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

17. Trash, lies, and box files: Busted by his own dumping

You’d think that if someone were to illegally dump a load of office junk in a field, they’d at least have the foresight to remove the labels with their name on them. But no, apparently, some people like to leave a calling card....

18. Ministries of Labor and Health outline efforts in the National Strategy for autism

The Ministries of Labor and Health have outlined their efforts toward implementing the National Strategy and Action Plan for Autism (2024-2028) in a recent response to AKEL MP George Koukoumas....

19. Cyprus faces water cuts this summer despite new government measures

Cyprus is bracing for a tough summer as the risk of water cuts remains high, despite new government measures aimed at tackling the ongoing water scarcity issue....

20. Police warn of online investment scam targeting citizens

The police have issued a warning about a new online scam targeting individuals with fraudulent investment opportunities....

21. Water we waiting for? Government unveils €8 million plan to combat water scarcity

The Cabinet has approved an emergency state grant of €8 million for one year to help local governments and communities reduce water supply network losses....

22. 45-year-old woman arrested for fraud involving vehicles, tickets, and products

A 45-year-old woman was arrested on Thursday by police to assist in investigations into three cases of fraud....

23. Ex-Health Minister Pamboridis warns of efforts to weaken GESY

Former Health Minister Giorgos Pamboridis has made explosive claims about attempts to undermine Cyprus’ General Health System (GESY), warning that financial and political interests are working behind the scenes to weaken the public healthcare scheme....

24. March Newsletter of K. Treppides & Co Ltd - 11/03/2025

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....

25. Norwegian ski jumping team accused of manipulating ski suits to fly farther

Is nothing sacred anymore? You’d think ski jumping would be immune to cheating—after all, how can you manipulate something as straightforward as launching off a ramp?...

26. Enjoy your Foody antamivi reward!

Now every order you place at Foody rewards you with points!...

27. Cyprus spends millions on traffic cameras, timers not included

In Cyprus, we seem to have mastered the fine art of spending taxpayer money, even if it’s not exactly for things we need. Case in point: the 36 million euros spent on our photo-identification traffic camera system, which, it turns out, doesn’t have a simple feature—timers on traffic lights....

28. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

29. Cyprus rolls out the red carpet for civil servants

A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....

30. Larnaka: New projects, new energy, and a bright outlook for its tourism

Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....