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61. New garbage tax could mean higher costs for citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

62. Trump seeks approval for $1 billion arms sale to Israel

The Trump administration has formally asked Congress to approve a $1 billion arms package for Israel, including thousands of bombs and heavy-duty engineering equipment, according to a report by The Wall Street Journal on Monday....

63. 276 cars ordered off Cyprus roads over airbag and brake defects

Hundreds of vehicles in Cyprus are being taken off the roads immediately due to serious safety concerns linked to faulty airbags and braking systems. ...

64. New EU directive to shake up electricity pricing in Cyprus

65. Superhome Center sold to Greek company for €94 million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

66. 76-year-old arrested in Cyprus after €150,000 fraud

A 76-year-old man was arrested Thursday in Larnaca after a joint investigation between Cypriot and German authorities uncovered his involvement in an internet fraud and money laundering scheme....

67. UK bank closures could disrupt British expats in Cyprus

Lloyds Banking Group is shutting 136 more branches across the UK, continuing a long trend of high street bank closures. ...

68. A green planet with India leading the way

Climate Change is a defining challenge of our times but as the world hurtles toward an escalating climate crisis, India is stepping into a global leadership role to tackle climate change. ...

69. 100% tax on foreign buyers in Spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

70. RIK welfare fund scandal: Taxpayers on the hook for mismanaged millions

A potential case of misappropriation of public funds has emerged involving the Cyprus Radio Broadcasting Corporation's (RIK) Welfare Fund, according to findings from the Parliamentary Control Committee....

71. Cyprus tightens immigration rules with new law changes

In a unanimous decision, the Cyprus House of Representatives has approved an update to the country’s Aliens and Immigration Law, bringing in new changes that aim to modernize the immigration system and align it with the recently created State Ministry of Immigration and International Protection....

72. Construction permits surge in 2024 but stumble in August due to system hiccups

Building activity in Cyprus showed strong momentum in the first eight months of 2024, with construction permits climbing 8.6% compared to the same period in 2023....

73. From mild cleric to hardliner, the polarizing rise of Paphos’ Metropolitan

The Church of Cyprus is facing internal turmoil, as moral scandals and polarizing views among its clergy create tension within the hierarchy and among the faithful. ...

74. Husband allegedly shoots wife after she calls police for help

A quiet Sunday afternoon in Pegeia turned into a scene of horror when a 46-year-old woman called the police, saying her husband was threatening to kill her....

75. First hostages released in Gaza ceasefire

Three women, held hostage by Hamas for over a year in tunnels beneath Gaza, were finally released and reunited with their families as part of a ceasefire agreement aimed at ending the conflict....

76. Golden passport scandal: Trial postponed for ex-Minister and associates

The high-profile case involving naturalizations under the Cyprus Investment Program has been postponed, with proceedings now set to resume on March 18, 2025....

77. US lawmakers push to permanently lift Cyprus arms embargo

Leaders of the Congressional Hellenic Caucus submitted a bill at the US House o Representatives aimed at permanently lifting the arms embargo imposed by the United States on the Republic of Cyprus....

78. Kasselakis to stand trial over asset declaration violation

Stefanos Kasselakis, leader of the Movement for Democracy and former president of SYRIZA, is set to appear before the Athens Misdemeanor Court on May 8...

79. A Force under pressure: Can the Police reform before it’s too late?

The government seems to be giving the Police Force’s leadership and its political supervisor some time to make meaningful changes to address both the lack of efficiency and corruption within the Force. ...

80. Cypriot company scammed out of $81K in online fraud

A Cypriot company based in Limassol has fallen victim to an online scam, losing over $81,000 worth of goods in a sophisticated fraud scheme....

81. Foreign man found dead in Nicosia

Police in Nicosia are investigating the murder of a 24-year-old foreigner, the details of which cannot be disclosed....

82. December Newsletter of K. Treppides & Co Ltd - 27/12/2024

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....

83. Trump's plan to reclaim the Panama Canal raises eyebrows

President-elect Donald Trump laid out a dramatic vision for his return to the White House during a speech in Phoenix, Arizona, mixing familiar promises with controversial new proposals....

84. Banks under fire: How public pressure forced a shake-up

Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...

85. Online registrations now available for first-graders

As part of its policy and initiatives to transition to a more modern digital school system and enhance services for better management of processes in public schools, the Ministry of Education, Sports, and Youth (MESY) announces the launch of the Education and Training e-Governance Project (eDEA)....

86. Banks announce 1% interest rate reduction

Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....

87. Is Dubai cracking down on drug lords and money launderers?

Dubai’s glitzy reputation as a playground for Europe’s most notorious drug lords and money launderers may finally be under threat....

88. Israel seizes Golan Heights buffer zone after Assad's fall

After the fall of Syrian President Bashar al-Assad’s regime, Israel seized control of a crucial buffer zone in the Golan Heights, an area that has been a source of ongoing geopolitical tension....

89. Russian nuclear weapons at Europe's doorstep

Russia has deployed tactical nuclear weapons in Belarus, marking the first time its nuclear arsenal has been stationed outside Russian territory since the Cold War....

90. Cyprus reclaims rare antiquities from the US

Cyprus celebrated the return of 266 valuable antiquities on Tuesday, marking a significant milestone in cultural repatriation....