https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/news/government-approves-€1-million-to-clear-illegal-waste-dumping-sites
The Council of Ministers has approved €1 million in emergency funding to help communities remove illegally dumped waste, adding to ongoing government efforts to reduce environmental risks and lower the threat of wildfires....
https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war
Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....
https://knews.kathimerini.com.cy/en/news/nearly-68-000-plastic-bottles-saved-at-ayia-napa-beach-in-under-a-year
Almost 68,000 single-use plastic bottles have been kept out of circulation at Ammos tou Kambouri beach in Ayia Napa through the use of a free drinking water station, according to data released during a recent environmental event....
https://knews.kathimerini.com.cy/en/news/cyprus-betting-revenue-tops-€360-million
Cyprus' betting industry continued to expand during the opening three months of 2026, with players wagering more than €360 million through licensed land-based and online operators....
https://knews.kathimerini.com.cy/en/news/nearly-three-in-10-cyprus-homes-have-improved-energy-efficiency
Almost three in every 10 people in Cyprus were living in homes with improved energy performance in 2025, according to new figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/water-use-remains-above-last-year-s-levels
Water consumption across Cyprus continues to exceed the levels recorded during the same period in 2025, prompting renewed calls for residents to cut unnecessary use and make better use of available water-saving measures....
https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network
A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....
https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus
Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....
https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
https://knews.kathimerini.com.cy/en/business/baltic-nations-decouple-from-russian-grid-to-offer-cyprus-an-energy-blueprint
Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...
https://knews.kathimerini.com.cy/en/news/the-missing-links-keeping-cyprus-beaches-out-of-reach-for-wheelchair-users
Over the last seven years, Cyprus has taken various steps to make its beaches more accessible to people with disabilities. Yet, getting into the sea is only part of the equation. ...
https://knews.kathimerini.com.cy/en/news/cyprus-secures-eu-technical-approval-for-schengen
The Republic of Cyprus is on track to join the Schengen area, according to an EU technical evaluation presented to the competent Schengen Committee on June 26. Sources close to the matter indicate that the EU gave Cyprus a positive evaluation, describing it as technically ready for full participation in the Schengen area. ...
https://knews.kathimerini.com.cy/en/news/mid-summer-storms-give-cyprus-reservoirs-an-unexpected-boost
Recent thunderstorms have delivered an unexpected boost to Cyprus' water reserves, sending more than 107,000 cubic metres of water into several of the island's major reservoirs over the past 24 hours....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-honours-international-companies-at-the-14th-invest-cyprus-international-investment-awards
Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/cyprus-registers-steep-drop-in-irregular-migrant-arrivals
he Republic of Cyprus has recorded an 86% drop in irregular migrant arrivals over the last three years, according to data shared by Nicholas A. Ioannides, the Deputy Minister of Migration and International Protection....
https://knews.kathimerini.com.cy/en/news/finance-ministry-rejects-staffing-claims-as-school-psychologists-increase-by-69
The Ministry of Finance has dismissed reports claiming it refused a request to fund additional educational psychologists in next year's state budget, saying discussions on the Ministry of Education's 2027 spending plans are still underway....
https://knews.kathimerini.com.cy/en/news/golden-defence-deals-and-tough-messages-to-putin-and-iran
The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/news/un-chief-urges-cypriot-leaders-to-seize-fading-window-of-opportunity-for-peace
United Nations Secretary-General António Guterres has delivered a direct message to the leaders of the Greek Cypriot and Turkish Cypriot communities, warning that the current momentum toward a political settlement is fragile and cannot be taken for granted....
https://knews.kathimerini.com.cy/en/news/prison-officers-warn-cyprus-jail-system-is-nearing-collapse-in-plea-to-president
Prison officers have appealed directly to President Nikos Christodoulides, warning that Cyprus' prison system is nearing breaking point and claiming staff safety is being placed at unacceptable risk because of overcrowding and severe staff shortages....
https://knews.kathimerini.com.cy/en/business/cyprus-records-strongest-retail-sales-growth-in-the-eu
Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-records-over-18-000-reports-of-violence-against-women-since-2021
Police in Cyprus received 18,409 reports of violence against women between 2021 and the first half of 2026, according to official data presented to parliament on Monday....
https://knews.kathimerini.com.cy/en/business/evangelia-eliadou-massimo-giordano-on-the-minthis-music-festival-2026
Evangelia Eliadou, Executive Director of Pafilia, and Massimo Giordano, internationally acclaimed Italian tenor, Artistic Director of the Minthis Music Festival and Co-Founder of LaimTee Art, discuss the vision behind Minthis Music Festival 2026, its exceptional artistic programme and its evolution into one of Cyprus’ most refined cultural experiences. ...
https://knews.kathimerini.com.cy/en/news/eu-launches-five-major-joint-defence-projects-to-counter-fragmented-military-spending
The European Union has launched five massive, multi-billion-euro military initiatives in a coordinated effort to force member states out of their habit of buying weapons independently....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-mba-program-celebrates-excellence-at-the-school-of-economics-and-management-awards-ceremony-2025-2026
The University of Cyprus MBA Program celebrated the outstanding achievements of its students at the School of Economics and Management Awards Ceremony for the academic year 2025-2026, which was held on Monday, 29 June 2026....
https://knews.kathimerini.com.cy/en/news/erhurman-says-no-formal-cyprus-plan-exists
Diplomatic activity surrounding the Cyprus issue is set to increase this month, following the conclusion of parliamentary elections and the end of the Republic of Cyprus's term heading the Council of the European Union....
https://knews.kathimerini.com.cy/en/business/licensing-chaos-in-tourism-55-of-accommodations-without-a-license
The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030
Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....
