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31. Will they at least stabilize?

In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....

32. Free Wi-Fi now available on Protaras beaches

Visitors to the beaches of the Paralimni-Deryneia municipality can now access free high-speed wireless internet, the municipality announced this week....

33. Cyprus sets flight path to the future with major airport expansion

Cyprus officially kicked off the long-awaited Phase II expansion of its two main airports this week, setting the stage for a major upgrade to how people travel in and out of the island....

34. Cyprus slips into deflation for the first time since 2021

Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....

35. Alpha Bank sets sights on Cyprus insurer Altius in expansion push

Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....

36. 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. ...

37. 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....

38. 8 lambs euthanized after seizure near buffer zone

Eight lambs found in a truck stopped near the buffer zone were euthanized because their origin could not be verified, authorities said Tuesday....

39. Paralimni-Deryneia earns most Blue Flags in Cyprus as island celebrates record year for beach quality

The Municipality of Paralimni-Deryneia has been recognized as the national leader in coastal excellence, receiving 18 of Cyprus’s 66 Blue Flag awards at the 2025 national ceremony held Wednesday at Fig Tree Bay, Protaras....

40. Cypriots cruise into summer despite rising costs

Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....

41. Cyprus rolls out digital fan card and launches new tech-focused high school

Cypriots are already jumping on board the newly launched Digital Fan Card, with more than 1,000 people signing up within the first 24 hours, according to Government Spokesperson Konstantinos Letymbiotis....

42. 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:...

43. 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....

44. payabl. launches Virtual Business Cards to empower smarter business spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

45. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

46. Couple arrested after dogs escape and attack woman with two children in Limassol

A 43-year-old man and a 36-year-old woman were taken into custody after their three dogs attacked a 25-year-old domestic worker and two children, ages 3 and 6, in the Moni industrial area on Sunday morning....

47. The Landmark Nicosia Towers: The ultimate 5-star lifestyle choice in Nicosia

As the most prestigious real estate project in the modern history of Nicosia is developing in full speed, the vision of the owner MHV, a company group with a prominent role in the luxury hospitality and premium real estate scene of Cyprus and the Eastern Mediterranean, is becoming more and more evident....

48. Freedom Holding Corp. added to the prestigious Russell 3000® Index

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....

49. Coral Energy (Shell Licensee) strengthens ties with its partners in the Cypriot market

50. Cyprus cruise season launches with 170,000 travelers expected in 2025

The Daleela ferry launched its first voyage of the 2025 Cyprus–Greece maritime season on Saturday, as officials announced a surge in cruise tourism and reaffirmed the country's ambitions to become a key player in the global cruise sector....

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

52. Nicosia gears up for the ultimate summer street fest on June 3

Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...

53. €100 ER fee only for tourists, not GESY patients

Patients covered by Cyprus’s national health system (GESY) and other approved groups will not be affected by the recently announced €100 advance fee for Accident and Emergency Department (A\&E) visits, health officials confirmed on Tuesday....

54. India turns its gaze to Cyprus as gateway to Europe and the Middle East

Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....

55. EU probes major porn sites over child safety concerns

The European Union has opened formal investigations into four major pornography websites (Pornhub, Stripchat, XNXX and XVideos) over alleged failures to protect minors from exposure to adult content, the European Commission announced Tuesday....

56. EAC adjusts smart meter rollout after appliance damage reports

The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....

57. Six new Gov.cy services now just a click away

Cyprus is taking another step toward a more digital future, with six new government services now available online through the Gov.cy portal....

58. Over €1.1 million in donations to Cyprus political parties tied to golden passport scheme

More than €1.1 million in donations were funneled to political parties in Cyprus between 2016 and 2021 from individuals and companies linked to the controversial Cyprus Investment Program, commonly known as the “Golden Passport” scheme....

59. May Newsletter of K. Treppides & Co Ltd – 23/05/2025

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....

60. May Newsletter of K. Treppides & Co Ltd – 16/05/2025

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....