https://knews.kathimerini.com.cy/en/news/trump-s-tariff-war-backfires-as-tourists-ditch-u-s-head-to-europe
The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-forward-with-ambitious-plan-to-revamp-waste-management
The Ministry of Agriculture announced plans to move forward with developing a comprehensive network of municipal waste management facilities, including upgrades to the Pentakomo and Kosi Environmental Management Units....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-loan-rates-again-giving-borrowers-a-breather
Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-makes-its-move-in-the-age-of-ai
Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/news/cypriots-struggle-to-keep-up-as-food-and-energy-prices-climb
As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....
https://knews.kathimerini.com.cy/en/news/waitstaff-say-employers-are-pocketing-their-tips
Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....
https://knews.kathimerini.com.cy/en/news/1-coffee-up-veggies-down-march-prices-shift-across-cyprus
Shoppers in Cyprus may have noticed some familiar staples getting pricier last month, with Cypriot coffee and frozen burgers topping the list of products with the biggest price jumps in March....
https://knews.kathimerini.com.cy/en/news/cyprus-has-one-of-the-world-s-lowest-u-s-visa-rejection-rates-—-and-that-s-a-big-deal
Cyprus is inching closer to landing a spot in the U.S. Visa Waiver Program, and there’s one big reason why: it now has one of the lowest U.S. visa rejection rates in the world....
https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference
Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....
https://knews.kathimerini.com.cy/en/business/farewell-makareio-nicosia-s-historic-stadium-to-transform-into-modern-sports-hub
The historic Makareio Stadium in Nicosia is officially shutting its doors, but not without a plan. According to the president of the Cyprus Sports Organisation (KOA), Yiannis Ioannou, the stadium will be transformed into a state-of-the-art sports complex designed for the future....
https://knews.kathimerini.com.cy/en/news/kykkos-monastery-s-mega-project-set-to-transform-engomi
A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....
https://knews.kathimerini.com.cy/en/news/imf-cyprus-public-sector-salaries-27-higher-than-private-sector
In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....
https://knews.kathimerini.com.cy/en/news/trump-s-tariffs-aren-t-the-real-threat-cyprus-needs-a-wake-up-call
The first reaction in Cyprus to Trump’s tariffs was the worry that halloumi, salt, and olive oil would become more expensive....
https://knews.kathimerini.com.cy/en/news/luxury-villas-in-occupied-north-selling-for-millions-but-not-for-the-locals
Ultra-luxury villas in the occupied areas of Cyprus are being snapped up for eye-watering prices, with some homes going for as much as £6 million (or over 300 million Turkish lira), particularly in sought-after locations like Kyrenia and Trikomo....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour
Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour
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https://knews.kathimerini.com.cy/en/news/they-re-kissing-my-ass-trump-boasts-about-trade-talks-video
In true Donald Trump fashion, the former U.S. President lit a firestorm overnight, not with policy, but with his words....
https://knews.kathimerini.com.cy/en/news/cyprus-woos-wall-street-bankers-back-presidential-pitch-in-the-u-s
Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...
https://knews.kathimerini.com.cy/en/business/eu-strikes-back-at-trump-s-tariffs-opens-door-to-china
The European Union is firing back at Washington’s trade aggression with its own round of tariffs, as Brussels prepares a united front in response to former President Donald Trump’s protectionist push....
https://knews.kathimerini.com.cy/en/business/eu-offered-zero-for-zero-tariff-deal-before-trump-s-trade-war
The European Union says it tried to stop a trade war before it started, offering Donald Trump a clean-slate deal to scrap tariffs on cars and a bunch of industrial goods. But the U.S. didn’t bite. Now the EU is done waiting....
https://knews.kathimerini.com.cy/en/news/grants-up-to-€35-000-for-renovating-empty-homes-–-with-a-catch
The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....
https://knews.kathimerini.com.cy/en/news/the-east-med-marine-offshore-exhibition-returns
The heart of the maritime and offshore industry is beating once again in Limassol! The East Med Marine & Offshore Exhibition, the premier event for industry professionals, will return for its 11th edition on April 24-25, 2025, at the stunning GrandResort Hotel....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertainty-as-trump-s-tariffs-target-global-trade
In a dramatic move that has sent shockwaves through global trade, US President Donald Trump has imposed hefty tariffs on imports from several key countries, ...
https://knews.kathimerini.com.cy/en/business/green-light-for-new-four-star-hotel-in-meneou
A new four-star hotel in Meneou has been given the go-ahead by the Environmental Authority, paving the way for a €15 million development in the Larnaca district....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-no-plans-to-cancel-u-of-cyprus-lease-for-faneromeni-school
The lease agreement allowing the University of Cyprus to use the historic Faneromeni School building will not be canceled, Nicosia Mayor Charalambos Prontzos confirmed to K on Monday, dismissing speculation about a potential change of plans....
https://knews.kathimerini.com.cy/en/business/trump-declares-tariff-war-with-chart-in-hand
At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...
https://knews.kathimerini.com.cy/en/business/cyprus-courts-u-s-investors-in-energy-tech-and-finance
Cyprus is making a bold push to attract American investment, with President Nicos Christodoulides leading a high-profile delegation to the United States....
https://knews.kathimerini.com.cy/en/news/fbi-urges-cyprus-to-use-digital-tech-in-fight-against-financial-crime
Cyprus is facing increasing pressure to overhaul its approach to financial crime and sanctions evasion, following the release of a crucial report from the FBI and the U.S. Department of Justice. ...