Cyprus’s German Medical Institute is establishing an AI testing and validation hub as part of its Agora 3.0 digital transformation…
MPs maintain social insurance exemption despite multiple pension reforms
Members of parliament retain exemption from Social Insurance Fund contributions whilst receiving substantial pension benefits, despite recent legislation targeting multiple…
Paphos banks on ambitious sustainable mobility plan to transform transport by 2030
The Department of Environment has issued positive approval for Paphos’s Sustainable Urban Mobility Plan (SUMP), which aims to transform transport…
Insurers pay €20 million in Limassol wildfire claims
Insurance companies in Cyprus have paid compensation to property owners affected by the deadly Limassol wildfire, with total claims expected…
Rising temperatures shift Cyprus’s focus to year-round tourism
Cyprus could achieve significant economic benefits through year-round tourism, with reduced government expenditure on unemployment benefits and increased state revenues…
Cypriots, Greeks work the longest hours in EU, Eurostat data show
The proportion of European Union workers spending 49 hours or more weekly in their main jobs fell to 6.6% in…
Wizz Air launches new routes from Larnaca to Venice and Tuzla
Wizz Air has announced three new routes from its Cyprus and Greece operations, including direct flights from Larnaca to Venice…
Legal loophole allows foreign nationals to bypass property restrictions
A legislative loophole enables non-EU nationals to acquire property in Cyprus without obtaining mandatory permits, according to an Interior Ministry…
Poland becomes Cyprus’s third largest tourism market after July surge
Poland has established itself as Cyprus’s third largest tourism market following July results, joining the United Kingdom and Israel as…
Central Bank warns Cyprus private sector debt remains vulnerable to external shocks
Central Bank has warned that private sector debt stability remains fragile and vulnerable to negative external developments, despite continued reductions…