https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
https://knews.kathimerini.com.cy/en/news/seven-suspects-extradited-from-cyprus-in-€700-million-fraud-case
Cypriot authorities have completed legal proceedings related to the extradition of seven individuals wanted in connection with an international fraud case involving an estimated €700 million, according to the Law Office of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-earns-58-blue-flag-awards-for-beaches-and-marinas
Cyprus has been awarded Blue Flags for 56 beaches and two marinas for 2026, recognising locations that meet internationally recognised standards for environmental quality, safety and visitor services....
https://knews.kathimerini.com.cy/en/life/jazz-icon-claire-martin-closes-minthis-music-festival-2026
The Minthis Music Festival 2026 concludes on 12 July with an evening dedicated to the elegance and rhythm of jazz, starring acclaimed British vocalist Claire Martin....
https://knews.kathimerini.com.cy/en/news/cyprus-newest-eye-in-the-sky-how-a-space-project-could-change-life-on-the-ground
When most people think of space technology, they imagine rockets, astronauts, and distant planets. But Cyprus’ newest move into the space sector is much closer to home and could one day help firefighters detect disasters faster, farmers use less water, authorities monitor the sea, and scientists better understand the changing climate....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/how-cyprus-confiscated-jho-low-s-€6m-villa-without-a-criminal-conviction
Legal expert Simos Angelides explained the legal framework that allows the Republic of Cyprus to confiscate assets connected to alleged criminal activity, even in cases where there has been no criminal conviction.
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https://knews.kathimerini.com.cy/en/news/cyprus-recycling-idea-turns-used-cooking-oil-into-european-award-finalist
Most people in Cyprus have the same problem every Sunday after a big fry-up: What on earth do you do with the used cooking oil?...
https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-barcelona-for-sagrada-familia-inauguration
President Nikos Christodoulides is traveling to Barcelona on Wednesday for a high-profile cultural and diplomatic visit that mixes religion, art, and European politics all in one trip....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-first-national-plan-for-blood-donation-and-transfusion-services
Cyprus is preparing to launch its first National Blood Strategy, a five-year plan designed to strengthen the country's blood system and ensure a reliable supply of safe, high-quality blood for patients....
https://knews.kathimerini.com.cy/en/news/melios-pet-centre-alleges-government-officials-conduct-led-to-deaths-of-legally-imported-animals
Melios Pet Centre Ltd has filed a formal complaint alleging a long pattern of misconduct by several government departments and officials, including actions that the company says caused significant financial losses and the death of imported animals....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up
The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....
https://knews.kathimerini.com.cy/en/news/11-arrested-as-police-step-up-overnight-raids-and-traffic-checks-across-urban-areas
Police arrested 11 people overnight across urban areas in a series of coordinated operations targeting crime, traffic violations and public disorder....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/news/man-loses-€90-000-in-fake-online-car-sale
Police in Limassol are investigating an online fraud case after a 59-year-old man was allegedly deceived into transferring €90,000 for a vehicle that never existed....
https://knews.kathimerini.com.cy/en/news/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/from-the-success-of-limassol-del-mar-to-the-legendary-collaboration
For over 6 decades, the Leptos Group has played a defining role in shaping the modern image and international positioning of Cyprus through pioneering developments, long-term investments, and a vision centered around extroversion, innovation, quality, and global standards across multiple sectors. Through Real estate development, Ηospitality, Εducation and Ηealthcare,the Leptos Group continues to strengthen Cyprus’ competitiveness and presence in international markets....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-the-best-bank-in-cyprus-in-global-finance-s-world-s-best-banks-awards-2026
Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank in Cyprus in its World’s Best Banks Awards 2026....
https://knews.kathimerini.com.cy/en/life/pippi-longstocking-and-the-moomins-in-cyprus-yes-and-the-kids-absolutely-loved-it
I’ll be honest, when I first heard about this, I didn’t think many kids in Cyprus would even know who Pippi Longstocking or the Moomins were....
https://knews.kathimerini.com.cy/en/news/new-affordable-homes-rise-but-residents-raise-concerns-over-nearby-eac-pylons
For many young couples in Cyprus, owning a home can feel increasingly out of reach. Rising property prices, high rents and limited housing options have turned what was once considered a basic life milestone into a growing challenge....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-and-europe-s-unfinished-question
Jean-Claude Juncker has with Cyprus what he himself describes as “a long-standing friendship.” A relationship that dates back to the earliest days of European enlargement and led him to follow the Cypriot question for more than a quarter of a century,...
https://knews.kathimerini.com.cy/en/news/eu-defense-talks-in-nicosia-put-cyprus-at-the-center-of-europe-s-security-debate
EU defense ministers meeting in Nicosia this week are discussing the bloc’s growing security challenges, military cooperation and regional instability, as Cyprus uses its EU spotlight to push for deeper European defense integration....
https://knews.kathimerini.com.cy/en/news/cyprus-in-line-for-€800-million-in-eu-funding-for-migration-and-security
Cyprus is expected to receive approximately €800 million from the European Union between 2028 and 2034 to support migration policy, security initiatives and border management, Interior Minister Konstantinos Ioannou announced on Monday....
https://knews.kathimerini.com.cy/en/news/athienou-launches-plan-to-transform-organic-waste-into-valuable-compost
AKTI Project and Research Centre, in collaboration with Athienou Municipality, is developing the Athienou Resilience Hub through the European NURISH project, an initiative focused on creating a circular approach to managing organic waste generated in the area....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/news/holguin-preparations-underway-for-new-cyprus-talks-meeting
Fresh efforts to revive the Cyprus issue are gathering pace, with the UN Secretary-General’s personal envoy, María Ángela Holguín, confirming on Monday that preparations are underway for a new expanded meeting involving the island’s two sides and the guarantor powers....
https://knews.kathimerini.com.cy/en/news/turkish-jets-and-radio-interference-reported-as-eu-defence-ministers-arrive-in-cyprus
An aircraft carrying Greece's defense minister Nikos Dendias, along with planes transporting French and Dutch delegations to Cyprus, reportedly faced radio interference while approaching the island on Monday, in an incident that added a geopolitical backdrop to a major European defense gathering taking place in Nicosia....
