CYPRUS SITS IN LOWER HALF OF EUROPEAN WEALTH RANKINGS

 Cyprus Mail 24 February 2026 - by Souzana Psara

Cyprus sits in the lower half of Europe’s wealth ranking, with average net wealth per adult at €102,315 in 2024, according to the Global Wealth Report 2025 by UBS, reflecting a sharp divide between richer Western economies and much of Eastern Europe.

Across 31 European countries, average wealth per adult ranges from €29,923 in Turkey to €634,584 in Switzerland.

Within the European Union, the spread remains substantial, from €44,568 in Romania to €523,591 in Luxembourg.

ASPROU HEALTHCARE - Tremithousa - Opens 2 March

 

ASPROU HEALTHCARE

Health & Wellbeing Centre, Tremithousa

With just one week to go until we open our doors to patients, we thought we'd share a few photos of our brand new clinic.

We'd like to thank everyone for their kind words of support in the run up to our opening, and we look forward to welcoming you to Asprou Healthcare from Monday 2nd March.

CRIME ROUND UP

 Pafos Live 24 February 2026

The Police proceeded to arrest two more persons, in connection with the case of burglary of a house in the province of Larnaca, from which, among other things, two hunting firearms were stolen.

They are 17-year-olds and 18-year-olds, who were arrested yesterday, February 23, by virtue of court warrants issued as part of the investigation of the case.

The arrest of the two suspects was preceded by the arrest of another 17-year-old, in the evening of February 22, also by virtue of a court warrant. He was brought before the Larnaca District Court yesterday, which approved a relevant request from the Police and issued a seven-day detention order for the purpose of police examinations.

FAMILY OF RUSSIAN BUSINESSMAN FOUND DEAD SEEKS NEW PROBE BEFORE BURIAL

 KNews 24 February 2026

Sons seek to block burial of former Uralkali chief, question official account of fatal fall.

The family of former Uralkali chief Vladislav Baumgertner is demanding answers and a halt to his burial as questions continue to swirl around his death in Cyprus.

Baumgertner, the former general director of Russian fertilizer giant Uralkali, was found dead in January in a ravine along Cyprus’ southern coastline after going missing days earlier. Authorities initially indicated there were no signs of criminal activity, and reports suggested he may have fallen during a climbing excursion.

But his eldest sons and former wife say they are not convinced.

CYPRUS STRUGGLES TO MATCH UNIVERSITY DEGREES WITH MODERN JOB NEEDS

 Cyprus Mail 24 February 2026 - by Souzana Psara

Cyprus is recalibrating its higher education model, as universities upgrade programmes, expand research structures and strengthen links with industry, while the government increases student sponsorship in a bid to improve access and address labour market gaps.

During 2024-2025, both public and private institutions shifted towards a more outward-looking approach, seeking to align academic output with economic priorities.

CYPRUS AMONG THE TOP EU NATIONS FOR BUYING SERVICES FROM ABROAD

 Cyprus Mail 24 February 2026 - by Kyriacos Nicolaou

EU countries imported €3.471 trillion worth of services from non-EU countries during 2024, with Cyprus standing out for its heavy reliance on cross-border supply and the presence of natural persons, according to Eurostat.

The figures, drawn from official statistics on international trade in services by modes of supply, show that the bulk of EU service imports were channelled through commercial presence within the reporting country.

HALLOUMI FORTIFIED AGAINST FOOT & MOUTH - NO BAN ON EXPORTS FROM THE UK, CANADA AND AUSTRALIA

 Filenews 24 February 2026 - by Angelos Nikolaou

The Veterinary Services are sending a message of reassurance about halloumi, despite the alarm sounded by the detection so far of 11 cases of foot-and-mouth disease in the area of Livadia, Oroklini, Aradippou and Troulloi.

Despite initial concerns, key international markets seem to be giving the green light for halloumi exports to continue, recognizing the specificity of its production process.