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841. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

842. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

843. A critical step for economic growth in Cyprus includes tax reform

Speaking at an Open Discussion Event organized by the G.R.M. Professional Training Center at the St. Raphael Resort in Limassol, under the theme “The Upcoming Tax Reform in Cyprus: Purpose, Guidelines, and Timelines,” the Minister announced that a comprehensive meeting is planned for early 2025....

844. The word of the decade is...'Brain Rot'

"Brain rot" was named the word of the year, but I believe it could rightfully be described as the word of the entire decade....

845. End of an era as Assad flees Syria amid government collapse

In a dramatic and swift turn of events, the Syrian government has collapsed, marking the end of the Assad family's 50-year rule....

846. Approximately 12 investigations underway by the Independent Authority Against Corruption

Transparency Commissioner Harris Pogiatzis revealed that around 12 investigations by the Independent Authority Against Corruption are currently in progress, with results expected to be announced soon....

847. Study reveals high-dose IV vitamin C combined with chemotherapy improves survival in advanced pancreatic cancer

848. FT: EU and South America strike historic trade deal amid controversy

The European Union and Mercosur, a bloc of four South American countries, have finalized a landmark trade deal after 25 years of negotiations. This agreement establishes a massive market of 700 million people, removing tariffs on over 90% of goods traded between the two regions....

849. AI in Finance: Embrace the Future or Be Left Behind

Technology is changing how we do everything, and finance is no different. ...

850. Potato prices skyrocket sparking long lines in occupied areas

Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...

851. Cyprus Parliament approves limit on large cash transactions

Cyprus lawmakers have taken a significant step in tackling money laundering and illegal activities by approving a proposal to limit large cash transactions....

852. Positive response from Michailidou on the construction of a technical school in Kornos

The Municipality of Lefkara is advocating for the construction of a Technical School in Kornos, a request presented during a meeting on December 4th between Mayor Sofoklis Sofokleous and the Minister of Education, Sport, and Youth, Dr. Athina Michailidou....

853. Didn’t know? Should’ve asked!

The Presidential Office appears to be in search of the 200 companies that have invested in Cyprus—a surprising development given the article published in "K" on November 24th....

854. SpaceX lands $843M deal to 'kill' the International Space Station

Elon Musk’s SpaceX has been awarded an $843 million contract to oversee one of NASA’s most ambitious tasks yet: the controlled deorbit and destruction of the International Space Station (ISS). ...

855. Astromeritis-Evrychou motorway on track for completion by 2025, says Transport Minister

he long-awaited Astromeritis-Evrychou motorway project, a key initiative connecting the Troodos region with Nicosia, is steadily advancing toward completion, according to Cyprus's Minister of Transport, Communications, and Works, Alexis Vafeadis....

856. Cyprus launches ''Digital Citizen'' for easier access to services

Cyprus is making it easier for its citizens to handle official paperwork with the launch of the ''Digital Citizen'' program. Starting today, Cypriots can access and store important documents, such as their identity cards, driving licenses, and vehicle registration certificates, all in digital format....

857. Ministry mulls subsidies for 'vulnerable' boat owners amid Marina fee dispute

The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....

858. Disagreement among DISY MPs over strengthening Anti-Corruption Authority

According to an article by Pavlos Neophytou, a clash has emerged within the Democratic Rally (DISY) party over the process and timeline for enhancing the Independent Authority Against Corruption....

859. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

860. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

861. Housing crisis looms as Limassol property prices skyrocket (video)

Limassol has seen a dramatic surge in property prices over the past five years, with rents and home prices doubling—and in some cases, tripling....

862. Intrakat’s €1 million debt to Cypriot subcontractors sparks legal action

Greek-owned construction company Intrakat, which was contracted to build part of the Paphos-Polis Chrysochous motorway in Cyprus, is facing significant financial troubles, leaving behind nearly €1 million in debts to seven local subcontractors and suppliers....

863. Green Line regulation boosts trade, but challenges remain

The Green Line Regulation, which defines the legal framework for the movement of goods, people, and services between the government-controlled areas and the northern Turkish-occupied areas of Cyprus, remains a vital tool for the country’s reunification,...

864. Nicosia aims to become tourism and investment hub

Nicosia’s aspirations to become a vibrant hub for tourism and investment were showcased at the Annual General Meeting of the Nicosia Region Tourism Development and Promotion Company (LTO), held yesterday at the Old Town Hall....

865. Thousands rally in Tbilisi for fifth night as PM condemns pro-European protests

For the fifth night in a row, thousands of demonstrators filled the streets of Tbilisi, Georgia’s capital, protesting the government’s recent decision to suspend its pursuit of European Union (EU) membership....

866. Deal to return Parthenon Sculptures to Greece may be near

A deal to return the Parthenon Sculptures, also known as the Elgin Marbles, to Greece might be closer than ever, according to a former Greek government adviser, Professor Irene Stamatoudi....

867. Nicosia aims to become a model for sustainable tourism

Nicosia is positioning itself as a model for combining urban and rural tourism, offering a rich blend of cultural heritage, modern experiences, and sustainable development, according to Deputy Minister of Tourism, Costas Koumis....

868. Larnaca Marina boat owners plan protest over docking fees

Boat owners at Larnaca Marina are gearing up for a protest to voice their frustration over rising mooring fees. ...

869. Police warn of counterfeit Euro banknotes circulating ahead of holiday season

With the festive season approaching, the Cyprus Police have issued a warning about counterfeit euro banknotes circulating in the country....

870. Cybersecurity and ICT risks emerge as leading drivers of operational risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....