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151. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

152. Christodoulides backs Eurobank's big move into India

President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....

153. The fate of the Greece-Cyprus energy link hangs in the balance

This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....

154. Government revenue boosts Cyprus surplus to €702.5 million

The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....

155. Police under investigation after Bulgarian in Paphos killed and emergency calls ignored

Authorities are pursuing disciplinary action against four police officers following the brutal murder of 41-year-old Petya Krateva from Bulgaria, a resident of Paphos, allegedly by her former husband....

156. Three-year-old ejected in Paphos car crash

A 32-year-old mother and her 3-year-old daughter were injured in a car accident over the weekend in Paphos. ...

157. Cyprus caught in a field of disinformation

In this Sunday's Kathimerini, Yiannis Ioannou writes that the recent presence of U.S. naval ships in Limassol has reignited a long-standing debate in Cyprus about its geopolitical alignment, particularly as tensions escalate in the Middle East. ...

158. The Cypriot Hill Station

"Next Thursday, His Excellency the High Commissioner will depart from here with his family to go to his residence in Troodos for a vacation."(June 25, 1910). ...

159. Paphos man loses €200,000 in online fraud scheme

Police are investigating a new online fraud case involving a large sum of money after a 67-year-old man reported being swindled out of €200,000. The complaint was filed today at the Paphos Police Station, according to Cyprus Police....

160. Fake contests and phishing scams surge, warns Cyprus Consumers Association

The Cyprus Consumers Association (CSC) has issued a warning about a surge in consumer fraud, where cunning individuals employ various tricks to extort money from unsuspecting victims. ...

161. Canada and Cyprus forge evacuation pact amid Middle East crisis

An agreement between the Government of Canada and the Government of the Republic of Cyprus concerning Emergency Evacuation Operations, via the territory of the Republic of Cyprus was made on August 6th....

162. Cyprus prepares for Lebanon evacuations, beds ready in Larnaca schools

Cyprus is fully prepared to implement its Estia Plan for potential evacuations from Lebanon, Foreign Minister Dr. Constantinos Kombos announced on Tuesday....

163. Trade deficit slashed by 20% in 2024 amid falling imports

Cyprus saw its trade deficit shrink by over 20% in the first half of 2024, according to the latest data from the Statistical Service. The trade deficit, which is the difference between what the country imports and exports, fell to €3.57 billion, down from €4.48 billion during the same period in 2023....

164. EU demands Cyprus return €101M in energy project funds

The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....

165. Norway powers up with the world’s first wireless charging road for EVs (vid)

Get ready to buckle up and plug into the future! Norway has just unveiled its latest electrifying innovation—a wireless charging road for electric vehicles (EVs) in the vibrant city of Trondheim....

166. Limassol man duped out of €30,000 in cryptocurrency scam

167. Eurobank completes takeover of Hellenic Bank

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...

168. €6M fund available for innovators to tackle real-world challenges

The Research and Innovation Foundation (RIF) has announced a new funding program called "Co-Develop" with a total budget of €6 million. This program aims to solve real-world problems by connecting researchers with businesses in areas such as digital technologies, advanced agriculture, health, and the environment....

169. RIF launches €6M fund to foster innovation and economic growth

The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....

170. Cyprus non-cash payment value hits €129 billion

Non cash payments in Cyprus in the second half of 2023 rose by 12% year on year to €129 billion with total transactions amounting to 152 million marking an annual increase of 15%, the Central Bank of Cyprus (CBC) has said....

171. Christodoulides ties commissioner pick to EU job role

President Nikos Christodoulides’ recent statements regarding Cyprus’ nominee for the European Commissioner post have sparked controversy, ...

172. Cyprus could face financial strain over Vasilikos debacle

The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....

173. Cyprus Police illegally dump asylum seekers in Buffer Zone

Cyprus Police have been transferring asylum seekers intercepted in the free areas to the UN buffer zone, despite objections from the United Nations, according to the UN in Cyprus....

174. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

175. Cyprus government rakes in over €424M in surpluses this year

Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...

176. Nicosia municipality embraces digital era, ends cheque payments

In a significant shift towards modernization, the Nicosia Municipality announced it will no longer accept cheque payments, urging residents to transition to electronic and card-based payment methods. ...

177. AstroBank acquires Neo Plaza in Kokkinotrimithia

The Neo Plaza of Kokkinotrimithia in Nicosia, an open commercial mall project in Cyprus that did not meet expectations, has been acquired by AstroBank....

178. Anastasiades speaks out on Cyprus solution, corruption, and political ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

179. Kition: Government’s failures disrupt Larnaca port

Kition Ocean Holdings has launched a scathing critique of the government’s handling of the transition of operations at Larnaca Port and Marina....

180. EU faces internal struggle over Hungarian presidency boycott

According to Kathimerini's Pavlos Xanthoulis, the European Union is facing a delicate situation as it grapples with the Hungarian Presidency and the upcoming informal Council of Foreign Ministers, known as Gymnich, scheduled for August 28-29 in Budapest....