Search

31. Inmate population in Cyprus more than doubles prison capacity, Eurostat says

Cyprus had the most overcrowded prisons in the European Union in 2023, with an inmate population more than double the system’s intended capacity, according to figures released by Eurostat, the EU’s statistics agency....

32. PwC Cyprus: The Cypriot real estate market maintained its momentum in 2024

PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....

33. Why London’s real estate market remains one of the most liquid in the world

London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...

34. US Ambassador to Cyprus gets powerful Ukraine role, and that’s good news for Cyprus

In a move that shows just how much trust Washington has in her, US Ambassador to Cyprus Julie Davis has just been handed a second, extremely high-stakes job: America’s top diplomat in war-torn Ukraine....

35. From brain drain to brain gain: Cyprus rolls out incentives to bring talent home

The Cypriot government has approved a plan to offer tax breaks to citizens working abroad in a bid to reverse the country’s “brain drain,” a government spokesperson said Wednesday....

36. Why the U.S.-China trade war matters to Cyprus and Europe

As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...

37. Bank of Cyprus buys out Ethniki Insurance in €29.5M deal

The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....

38. Turkey says Eastern Mediterranean power cable project cannot proceed

The Turkish Ministry of Defense said Thursday there is no change in its position regarding energy projects in the Eastern Mediterranean that it views as infringing on Turkish rights and interests....

39. Cyprus proves its role as crisis hub in major multinational drill (video)

Cyprus has once again positioned itself as a regional pillar of stability, completing a large-scale multinational humanitarian drill aimed at handling crises in the volatile Middle East region....

40. 2025: A milestone year for the delivery of Limassol Greens

2025 marks the beginning of a new era for Limassol Greens, the ambitious residential and tourism development that is set to redefine the investment, urban and hospitality landscape of Cyprus....

41. EU strikes back at Trump’s tariffs, opens door to China

The European Union is firing back at Washington’s trade aggression with its own round of tariffs, as Brussels prepares a united front in response to former President Donald Trump’s protectionist push....

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

43. Cyprus surges ahead amid global economic headwinds

It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....

44. Eurobank’s €1.3B move creates Cyprus’ largest bank

Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....

45. Cyprus steps into the global spotlight at Paris-Ukraine summit

The Republic of Cyprus is making its presence felt at the Ukraine Summit in Paris, convened by French President Emmanuel Macron, with President Nikos Christodoulides representing the country at the highest level on March 27-28....

46. Grate news: Cyprus sets firm limits on blended halloumi

The Cyprus Dairy Producers’ Association has welcomed a new government decree that sets limits on the amount of blended halloumi cheese allowed in production....

47. Cyprus gets credit rating boost: What it means for the economy

Cyprus received a major financial boost as credit rating agency Morningstar DBRS upgraded the country’s credit rating to A (low) from BBB (high), marking a key step in the country’s economic progress. ...

48. The EU wants in, but can it make a difference?

The European Union (EU) appears eager to play a role in reviving talks on the Cyprus problem, but its actual influence remains constrained by political realities. ...

49. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

50. Cyprus' economic growth faces challenges, lenders highlight key concerns

The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...

51. Spring? What Spring?

Happy Wednesday! We’re halfway through the week—yaaay! But also, what season is this exactly? Because it’s technically spring, but Cyprus didn’t get the memo....

52. Bank of Cyprus upgraded to investment grade by Fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

53. EU sends key letter to spark progress in Cyprus talks

A letter, which had been in the works for the past few weeks as part of a European Union-United Nations collaboration on the Cyprus issue, became the focal point from the very first day of the informal five-party meeting in Geneva....

54. What do windmills, tulips, and potatoes have in common? The Dutch, of course!

When you think of windmills, tulips, The Girl with the Pearl Earring, Delft Blue pottery, or even the legendary tale of The Hole in the Dike, one country immediately comes to mind—the Netherlands! ...

55. Ancient Alexandria crumbles as rising seas threaten its future

Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....

56. Israel backs Greece-Cyprus electrical interconnection project

Israel has expressed clear, albeit indirect, support for the Greece-Cyprus electrical interconnection project, which will extend to Israel, reaffirming its commitment to regional energy cooperation....

57. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

58. Solar power, minus the power as homeowners left in the dark

Citizens who installed photovoltaic (solar) systems in Cyprus are feeling left in the dark and frustrated as their green energy is continuously cut off, leaving them to rely on conventional electricity. ...

59. Trump highlights Greece-Cyprus role in strategic trade corridor

U.S. President Donald Trump has drawn attention to the strategic importance of Greece and Cyprus in global trade and diplomacy, sharing a Breitbart News article that underscores their role in the proposed India-Middle East–Europe Economic Corridor (IMEC)....

60. Calls for resignation of SHSO board amid growing healthcare concerns

The resignation of the Board of Directors of the Cyprus Health Services Organization was demanded today during a Parliamentary Health Committee meeting discussing the 2025 budgets for SHSO and the Health Insurance Organization....