CYPRUS RECEIVES NEARLY €120m FROM EU RECOVERY FUND AFTER MEETING TARGETS

CYPRUS RECEIVES NEARLY €120m FROM EU RECOVERY FUND AFTER MEETING TARGETS -Cy Mail 2/10 by Kyriacos Nicolaou


The European Commission on Thursday disbursed nearly €120 million to Cyprus under the Recovery and Resilience Facility after the country satisfactorily completed a series of agreed reforms and investment targets.

The payment formed part of a wider disbursement of more than €9.8 billion to Poland, Sweden, Belgium, Estonia and Cyprus under the facility, which is at the heart of the European Union’s NextGenerationEU recovery programme.

CRIME ROUND UP

 Pafos Live 2/10

A new case of online fraud with investments in shares is being investigated by the Police in the province of Paphos, following a complaint filed today with the Paphos TAE by a 60-year-old man.

According to the complainant, at the beginning of June 2026, the 60-year-old received a phone call from an unknown woman, who spoke in Russian, and told him that she could invest in oil, gold and other metal stocks. Following her instructions and opening a link sent to him via a communication app, he created a profile on an unknown website. The unknown woman then guided him to make investments.

JAZZ FESTIVAL 2 & 3 OCTOBER - change of venue

 

JAZZ FESTIVAL 2 & 3 OCTOBER - change of venue

Due to the weather conditions, today's festival, Friday, October 2, and Saturday October 3, will take place at Markideio Theatre in Paphos and not at Ibrahim's Khan, as initially planned.

The start time remains 8:00 p.m.

Thank you for your understanding, and we look forward to seeing you for a beautiful evening of jazz!

*There will be a drink purchase option in the foyer.

MORE THAN 3,300 ORDERED TO LEAVE CYPRUS, BUT ORDERS DON'T TELL THE WHOLE STORY

MORE THAN 3,300 ORDERED TO LEAVE CYPRUS, BUT ORDERS DON'T TELL THE WHOLE STORY - KNews 2/10

Eurostat figures show a small rise in departure orders locally, while across the EU, fewer people were ordered to leave and more were returned.

Cyprus issued 3,385 orders for non-EU citizens to leave in the second quarter of 2026. But there is an important distinction behind that number: an order to leave does not mean someone has actually left.

The total was up slightly from 3,355 in the first three months of the year, an increase of 30 orders, according to figures published by Eurostat on Wednesday.

COULD WE SOON PAY WITHOUT VISA OR MASTERCARD? EUROPE IS BUILDING ANOTHER OPTION

COULD WE SOON PAY WITHOUT VISA OR MASTERCARD?  EUROPE IS BUILDING ANOTHER OPTION - KNews 2/10

Five payment groups serving 130 million users are teaming up to build an alternative to Visa and Mastercard, starting with instant transfers across borders.


You pay for a coffee, buy something online or send money to a friend abroad. It takes seconds. But behind that everyday transaction lies a bigger question: who controls the systems that keep money moving?

Five European payment groups are joining forces to give Europe more control over that infrastructure, and offer an alternative to its reliance on Visa and Mastercard.

WIZZ AIR SEES YEAR-ROUND POTENTIAL FOR CYPRUS-SPAIN TRAVEL

WIZZ AIR SEES YEAR-ROUND POTENTIAL FOR CYPRUS-SPAIN TRAVEL - Cy Mail 2/10 by Kyriacos Nicolaou


Airline eyes further Cyprus expansion after Madrid launch

Low-cost airline Wizz Air launched its new Larnaca-Madrid route in September as part of its wider effort to expand its Cyprus network, with network director Andras Szabo saying the airline sees considerable potential for year-round travel between Cyprus and Spain.

In an exclusive interview with the Cyprus Mail, Szabo said the new connection was an important addition to Wizz Air’s Larnaca network and reflected the airline’s broader strategy of strengthening Cyprus’ links with European destinations.

MEP RAISES CONCERNS OVER ''RUSSIAN HOUSE'' IN CYPRUS AMID HYBRID THREAT

MEP RAISES CONCERNS OVER ''RUSSIAN HOUSE'' IN CYPRUS AMID HYBRID THREATS - Cy Mail 2/10 by Eleni Panayiotou


The operation of the “Russian House” in Cyprus should be examined as part of Europe’s response to Russian hybrid threats, Lithuanian MEP and former defence minister Rasa Juknevičienė has said, warning that such threats are not confined to countries bordering Russia.

Speaking to the Cyprus News Agency (CNA), Juknevičienė referred specifically to the Russian House in Cyprus and similar centres operating elsewhere in Europe.

Citing public assessments by Estonian intelligence services, she said such centres could be used by Russian intelligence services, questioning whether EU member states were treating the potential threat seriously enough.