https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/trump-envoy-says-middle-east-has-no-democracies-allies-react-angrily
“I don’t see any democracy anywhere,” Tom Barrack said on December 7, referring to the broader Middle East. “Israel may claim to be a democracy, but in this region, what has really worked best, whether you like it or not, are benevolent monarchies,”...
https://knews.kathimerini.com.cy/en/business/germany-pours-€50-billion-into-new-weapons-and-defenses
Germany is pouring an eye-watering €50 billion into new weapons, missile defenses, and combat vehicles, a move that underscores how sharply Europe’s biggest economy is rearming and how little patience there is left for delays....
https://knews.kathimerini.com.cy/en/comment/opinion/chaos-behind-bars-crisis-on-tap
The disorder inside the Central Prisons is a small-scale version of the country itself. They are riddled with extortion, sexual violence, physical and verbal abuse, and sometimes suicide....
https://knews.kathimerini.com.cy/en/news/europe-could-enter-2028-without-a-budget-cyprus-steps-in
Europe risks entering 2028 without an agreed budget, putting billions of euros for farming, defense, innovation, and support for Ukraine in jeopardy. ...
https://knews.kathimerini.com.cy/en/news/half-a-million-cubic-meters-of-rain-won-t-save-cyprus-next-summer
Early signs from this winter’s rainfall are already raising alarm bells: the water collected in Cyprus’ dams so far is nowhere near enough to change the picture for 2026....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/eu-to-impose-temporary-€3-customs-fee-on-small-imported-parcels
Starting 1 July 2026, small parcels entering the European Union will be subject to a flat customs fee of €3, a measure aimed at regulating the surge in low-value shipments from overseas e-commerce platforms. ...
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-to-strike-say-state-aid-won-t-cover-soaring-energy-costs
Farmers across Cyprus are sounding the alarm over soaring electricity costs and dwindling water supplies, warning that recent state aid will barely make a dent....
https://knews.kathimerini.com.cy/en/news/mobile-speed-cameras-could-soon-be-hard-to-miss
A new bill submitted to Parliament would require all vehicles carrying mobile speed cameras to display a visible light on their roofs while in operation, lawmakers said Thursday....
https://knews.kathimerini.com.cy/en/news/union-rejects-ministry-s-evaluation-bill-launches-work-stoppage-december-18
Members of the Cyprus Teachers’ Organization (POED) will stage a work stoppage on Thursday, December 18, 2025, in protest of a proposed bill on teacher evaluations...
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-modernize-112-emergency-response-with-national-ambulance-authority
The Council of Ministers has given the green light to new legislation that will create a National Ambulance Authority, Health Minister Neofytos Charalambides announced on Wednesday....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/news/eu-rocked-by-corruption-scandal
The arrests of former EU High Representative Federica Mogherini and veteran EU technocrat Stefano Sannino on charges of public procurement fraud and corruption have sent shockwaves through European institutions,...
https://knews.kathimerini.com.cy/en/news/nicosia-goes-shopping-for-new-firepower
Cyprus is gearing up for one of the biggest overhauls of its National Guard in years, sending Brussels a sweeping shopping list of military hardware, from helicopters and drones to patrol vessels, missiles, and upgraded bases, all under the EU’s new SAFE program....
https://knews.kathimerini.com.cy/en/news/nightclub-fire-in-goa-india-kills-25-after-midnight-gas-explosion
A midnight fire triggered by a gas cylinder explosion at a popular nightclub in Arpora killed at least 25 people, including four tourists and 14 staff members, officials said Sunday. Another 50 people were injured....
https://knews.kathimerini.com.cy/en/news/lawmakers-pass-bill-to-cancel-refugee-protection-in-certain-cases
On Thursday evening, the House of Representatives passed a new law that updates the country’s rules on asylum and refugee protection. ...
https://knews.kathimerini.com.cy/en/business/netflix-stuns-hollywood-with-$72-billion-bid-for-warner-bros
Netflix shocked Hollywood on Friday, announcing a $72 billion deal to buy Warner Bros. and HBO, a move that could fuse one of the biggest streamers with one of the most iconic studios in the world....
https://knews.kathimerini.com.cy/en/news/cyprus-mp-s-consider-zero-alcohol-rule-for-new-drivers
MPs are once again taking aim at drunk driving, this time with a proposal that would ban any amount of alcohol for new drivers, a move supporters say is urgently needed after a string of deadly crashes on Cyprus’ roads....
https://knews.kathimerini.com.cy/en/news/parliament-moves-to-limit-former-presidents-perks-to-5-years
The Parliament is set to discuss a new law that would limit the benefits given to former Presidents of the Republic and former Presidents of the House of Representatives....
https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027
The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....
https://knews.kathimerini.com.cy/en/news/smart-meter-rollout-speeds-up-across-cyprus
Cyprus’ smart-meter upgrade is moving into high gear this month, as the Electricity Authority (EAC) pushes ahead with mass installations across all districts, the next major phase in a nationwide rollout Knews first reported earlier this year....
https://knews.kathimerini.com.cy/en/comment/opinion/the-myth-of-equality-meets-the-military
When it comes to pageantry, we’re always ahead of the curve. The Gender Equality Commissioner, Josie Christodoulou, joined by Transport Minister Alexis Vafeadis, staged an entire ceremony, right in the thick of Nicosia’s traffic mess, to unveil the new pedestrian traffic lights....
https://knews.kathimerini.com.cy/en/news/kazakh-ambassador-s-praise-for-cyprus-sparks-backlash-in-turkey
Warm words from Kazakhstan’s ambassador to Cyprus have kicked up a storm in Turkey, where social media users erupted with anger and disappointment after Turkish outlets circulated his remarks on Monday....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/famagusta-may-name-and-shame-big-debtors-to-recover-€14-million
Famagusta officials want the green light to publicly name people and companies who owe large, long-overdue debts to the local authority, a move they say is needed to pressure chronic non-payers....
https://knews.kathimerini.com.cy/en/news/gun-rules-tightened-kids-get-a-vote-in-policy
Parliament was busy yesterday, approving two eye-catching moves: tighter rules on gun licenses and a major upgrade for the Cyprus Children’s Parliament. Both decisions reflect the government’s focus on safety and citizen participation, from adults to students....