https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/news/new-home-sales-tumble-as-buyers-look-below-€300-000
Cyprus’ property market lost considerable ground in the second quarter of the year, with recorded sales of new-build apartments and houses falling by 42.2% and their total value dropping by 46.6%....
https://knews.kathimerini.com.cy/en/business/paphos-airport-passenger-traffic-rebounds-despite-difficult-tourism-season
Paphos Airport recorded a 7% increase in passenger traffic in July compared with the same month last year, offering one of the clearest signs yet that travel demand is recovering after a difficult start to 2026....
https://knews.kathimerini.com.cy/en/news/nina-schick-a-leading-voice-on-sovereign-ai-joins-digital-agenda-cyprus-summit-2026
She has advised the NATO secretary-general, briefed former U.S. President Joe Biden and worked with the U.S. Army, the United Nations and Mastercard on issues involving sovereignty, security and the strategic power of artificial intelligence....
https://knews.kathimerini.com.cy/en/news/britain-considers-nuclear-shield-for-trade-route-back-to-europe
Britain may have found its most dramatic route back towards Europe: use its nuclear weapons as a bargaining chip....
https://knews.kathimerini.com.cy/en/news/nearly-54-000-people-now-work-for-the-cyprus-government
The Cyprus government had 300 more people on its payroll in July than it did a year earlier, pushing total state employment to 53,747....
https://knews.kathimerini.com.cy/en/news/poland-economy-now-larger-than-belgium-sweden-ireland-and-austria
Poland has quietly joined the European Union’s economic heavyweights, overtaking several of the bloc’s wealthiest and most established members....
https://knews.kathimerini.com.cy/en/news/education-workers-give-government-15-days-to-end-job-uncertainty
Workers in the Education Ministry support programs have given the government 15 working days to answer a straightforward question: After years on the job, where do they actually stand?...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-is-growing-so-why-does-life-still-feel-so-expensive
Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....
https://knews.kathimerini.com.cy/en/news/foreign-ministry-internal-document-reveals-cyprus-is-tracking-key-eu-turkey-policy-shifts
An internal document from the Foreign Ministry has put the diplomatic service on high alert. The document, obtained by Kathimerini, stresses that these eight dossiers represent core strategic goals for Ankara....
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/news/small-island-€36-5-billion-economy
How big is Cyprus's economy compared with the rest of Europe? The short answer: we're small, very small, but we're not the smallest....
https://knews.kathimerini.com.cy/en/news/michalis-persianis-returns-to-kathimerini-cyprus-in-new-publishing-role
Michalis Persianis is returning to where an important part of his journalism career began, joining Kathimerini Cyprus as Publishing Consultant at a time when the way people find, read and trust news is changing rapidly....
https://knews.kathimerini.com.cy/en/business/leptos-group-unveils-its-new-corporate-video
The Leptos Group presents its new corporate video, capturing a journey of more than 65 years defined by vision, consistency, and continuous evolution. ...
https://knews.kathimerini.com.cy/en/news/andreas-yiasemides-appointed-chairman-of-the-council-of-the-university-of-cyprus
Andreas Yiasemides, CEO of PwC Cyprus, has been appointed Chairman of the Council of the University of Cyprus for a three-year term. The University of Cyprus plays a leading role in education, research and innovation, making this appointment an important recognition of his long-standing contribution to Cyprus and its economy....
https://knews.kathimerini.com.cy/en/business/does-the-new-french-backing-of-the-greece–cyprus-cable-finally-mean-cheaper-electricity
The move, which appears to be a success for Athens and specifically for the Maximos Mansion and which surprised many in Nicosia, provides convincing answers to the questions and concerns that had been causing unease until this morning....
https://knews.kathimerini.com.cy/en/business/cyprus-is-hiring-but-hundreds-of-jobs-are-going-unfilled
Demand for workers in restaurants, tourism and retail increased during the first five months of this year. According to data obtained by “K” from the Public Employment Service (PES), there has been particularly strong demand for waiters and shop assistants since the beginning of the year....
https://knews.kathimerini.com.cy/en/business/old-gsp-gets-ready-to-eat-drink-and-shop-as-phc-group-takes-over
The commercial operation of five premises at Nicosia's Old GSP redevelopment has been awarded to Catercom Catering, part of PHC Franchised Restaurants Public Ltd, following a decision by Nicosia Municipality....
https://knews.kathimerini.com.cy/en/news/more-than-4-200-apply-for-mortgage-to-rent-scheme-as-deadline-extended
For hundreds of households struggling with bad loans, the possibility of losing the family home has been hanging over them for years. Cyprus' mortgage-to-rent scheme is offering some of those borrowers a way to stay put, and thousands are trying to get in....
https://knews.kathimerini.com.cy/en/news/ever-wonder-where-your-tax-money-goes
From hospitals and universities to buses, water, political parties, and even Facebook and Google, Cyprus spent hundreds of millions of taxpayer euros in 2025, and a newly released Treasury list reveals where some of the biggest payments went.
...
https://knews.kathimerini.com.cy/en/news/that-€3-parcel-charge-brought-customs-nearly-€2-million-in-one-month
That small €3 charge on goods ordered from outside the European Union has quickly added up, bringing Cyprus Customs nearly €2 million in its first month....
https://knews.kathimerini.com.cy/en/news/cypriots-save-but-banks-pay-little-in-return
Cypriots who keep their savings in the bank are receiving very little in return, despite paying considerably higher interest when they need to borrow money....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-profits-climb-to-€252-million-as-loans-and-deposits-grow
Bank of Cyprus made €252 million in after-tax profit during the first six months of 2026, marking a 7% increase from the same period last year....
https://knews.kathimerini.com.cy/en/news/monday-commute-gets-more-expensive-in-nicosia-and-larnaca
The Monday morning commute comes with a higher price tag for bus passengers in Nicosia and Larnaca, as new fares take effect on Aug. 3....
https://knews.kathimerini.com.cy/en/news/cypriots-are-choosing-fixed-rate-home-loans-and-it-s-saving-them-from-interest-rate-shocks
If you're taking out a mortgage in Cyprus today, chances are you're choosing a fixed interest rate rather than gambling on where borrowing costs might go next....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-expands-with-four-new-english-language-degrees
The University of Cyprus is opening its doors to more international students, and giving local students more options to study in English, after receiving government approval for four new English-language undergraduate degree programmes....
https://knews.kathimerini.com.cy/en/news/digital-agenda-cyprus-summit-2026-–-ai-wars
The Digital Agenda Cyprus Summit returns in 2026 with one of the most timely and critical themes of our era: the global battle for power surrounding Artificial Intelligence (AI)....
https://knews.kathimerini.com.cy/en/news/the-projects-that-could-transform-cyprus-are-waiting-for-one-final-yes
Imagine a brand-new city rising where Larnaca's old oil refineries once stood, a world-class medical campus opening in Nicosia and a new international school welcoming nearly 2,000 students in Limassol. ...
https://knews.kathimerini.com.cy/en/business/before-you-buy-you-ll-soon-be-able-to-check-if-it-s-been-recalled
Ever bought something only to later discover it had been recalled? Soon, checking whether a product is safe could be as easy as checking the weather....
https://knews.kathimerini.com.cy/en/business/hotels-may-be-busy-but-cyprus-is-earning-far-less-from-tourism
The beaches are busy, hotel pools are full, and flights continue to arrive, but Cyprus' tourism industry is earning significantly less money than it did this time last year....
