https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-eu-presidency-pride-or-precarious-position
For the second time, Cyprus formally takes over the rotating Council of the EU for a six-month term. It now holds the reins of the EU presidency. There are unattainable promises being made—or envisioned—by the government for a mythological EU Shangri-La and how to propel this undemocratic institution forward....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-europe-s-center-stage-with-€25-6-million-infrastructure-overhaul
Cyprus has completed extensive infrastructure upgrades as it prepares to assume the presidency of the Council of the European Union, investing €25.6 million in conference and media facilities to host hundreds of high-level meetings throughout 2026....
https://knews.kathimerini.com.cy/en/news/museums-come-to-the-rescue-of-presidents
Culture may get polite mentions and modest funding, but under President Nikos Christodoulides it lacks something far more important: a clear vision. Beyond vague promises and small-scale digital upgrades, no major cultural projects or long-term strategy are in sight....
https://knews.kathimerini.com.cy/en/business/government-spending-hits-new-high-as-student-numbers-rise
Student numbers across the education system rose noticeably in the 2023/2024 academic year, reflecting steady growth from early childhood education through to universities, according to the latest Annual Survey on Education released by the Statistical Service....
https://knews.kathimerini.com.cy/en/business/1-cyprus-new-minimum-wage-of-€979-kicks-in-today-but-is-it-enough
Starting today, January 1, 2026, Cyprus workers are seeing a welcome bump in their pay as the national minimum wage rises....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/news/wizz-air-takes-you-to-europe-s-most-affordable-ski-destination-from-larnaca
With Christmas just around the corner, Wizz Air, Europe’s most sustainable and affordable airline, invites travellers to experience the magic of winter with easy access to some of Europe’s most budget-friendly and picturesque ski destinations....
https://knews.kathimerini.com.cy/en/news/cyprus-overhauls-its-tax-system-what-it-means-for-your-family
Parliament on Monday approved Cyprus’ new tax framework, a long-awaited reform that the government says will ease the burden on households, support families with children and make the economy more competitive, without requiring citizens to suddenly become tax experts....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
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/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/news/teachers-walk-out-farmers-roll-in-as-cyprus-braces-for-a-day-of-protests
Classrooms will fall silent and tractors will take to the streets on Thursday as teachers and farmers stage coordinated protests, putting fresh pressure on the government over education reforms and the future of agriculture....
https://knews.kathimerini.com.cy/en/news/cyprus-takes-over-eu-council-presidency-with-symbolic-gift-exchange
Cyprus officially took over the European Union Council Presidency from Denmark during the final meeting of the EU Council of General Affairs for 2025, marked by a symbolic exchange of gifts between Cyprus’ Deputy Minister for European Affairs Marilena Raouna and Denmark’s Deputy Minister for European Affairs Marie Bjerre....
https://knews.kathimerini.com.cy/en/news/cyprus-joins-eu-push-to-send-rejected-migrants-to-non-eu-centers
Nineteen EU countries, including Cyprus, are openly backing plans to send rejected asylum seekers to return centers outside the European Union, even as migration is officially left off the agenda of this week’s European Council....
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/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/out-about/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus
If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....
https://knews.kathimerini.com.cy/en/news/from-no-alcohol-to-vip-only-saudi-loosens-rules-for-wealthy-expats
Saudi Arabia, a country that has banned alcohol for more than 70 years, is quietly letting a new group buy booze, not just diplomats, but wealthy foreigners who can afford an elite ''premium residency.''...
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/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/mps-slam-€4m-airport-photo-radar-plan
Lawmakers are sounding the alarm over a €4 million plan to expand Cyprus’ ''photo radar'' system, which automatically issues fines for traffic violations. The controversy? Parts of it, including at airports, could be running without proper legal approval....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-the-mediterranean-s-rising-star-in-global-film-and-tv
From high-end series to blockbuster films and major reality shows, Cyprus is starting to shine on the radar of international studios. And like any great production, this transformation is driven by strategy and professionalism....
https://knews.kathimerini.com.cy/en/news/eu-presidency-nears-metsola-visits-to-align-priorities
With just one month to go before Cyprus takes over the rotating presidency of the Council of the European Union, President Nikos Christodoulides unveiled the country’s priorities during a high-level visit by European Parliament President Roberta Metsola 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/tepak-plans-€21-7-million-marine-sciences-school-near-old-larnaca-airport
The Cyprus University of Technology (TEPAK) is set to establish a new School of Marine Sciences, Technology, and Sustainable Development in the Mackenzie area, adjacent to the old Larnaca airport. ...
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-new-€4-5m-electric-vehicle-subsidy-plan-to-boost-clean-driving
Cyprus is gearing up to launch a fresh plan to encourage the use of electric vehicles (EVs), with a €4.5 million budget aimed at helping drivers switch to cleaner transportation....
