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151. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

152. Cyprus on high alert as regional tensions escalate

Following Israeli missile strikes on Iran, Cyprus has raised its security posture and is preparing to serve as a humanitarian bridge between East and West....

153. Cypriots brace for impact as fuel prices set to jump after Mideast strikes

Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....

154. New era in vocational training: Lidl Cyprus invests in the new generation

Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....

155. From the Mekong to the Med: How Cyprus and Cambodia are crafting a new global alliance

In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...

156. 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....

157. Cyprus and China hail 'excellent' bilateral relations in high-level meeting

The “excellent” level of relations between Cyprus and China was underscored Friday during a meeting between House of Representatives President Annita Demetriou and Liu Jianchao, head of the International Department of the Communist Party of China’s Central Committee, who is visiting the island....

158. 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....

159. 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....

160. Cypriots ready to embrace home energy storage, but only with subsidies, survey finds

A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....

161. Cypriots rush to borrow as rates drop, but are banks repeating old mistakes?

As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...

162. Cyprus, US step up military ties in high level visit

Cyprus is stepping up its military partnership with the United States following a high-level visit by National Guard Chief Lt. Gen. George Tsitsikostas....

163. Cyprus’ classrooms are changing, and so is the country

If it's true that compulsory education reflects the society of the future, then Cyprus is on the cusp of transformation, shaped by its ''new Cypriots'': children of migrant families who grow up speaking many languages, far more than those traditionally spoken on the island....

164. ''We build relations with countries, not individuals''

In recent days, controversy has stirred over the President of the Republic’s visit to the Israeli Prime Minister, sparked by a specific segment of the public and by AKEL, which seems unable to grasp the geopolitical realities at play. ...

165. 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....

166. 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....

167. 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. ...

168. 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....

169. 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....

170. 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. ...

171. 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....

172. 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....

173. 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....

174. 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....

175. 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....

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

177. 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....

178. 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....

179. 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....

180. 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....