https://knews.kathimerini.com.cy/en/business/home-insurance-in-europe-is-changing-and-cyprus-is-next
For many years, mortgage-related insurance in Cyprus was treated as a fixed part of the home loan process. That approach is gradually giving way to a different model across Europe....
https://knews.kathimerini.com.cy/en/business/after-the-mafia-state-report-attention-turns-to-investor-confidence
The findings of the investigation into Mafia State, which identified potential criminal offenses involving 15 individuals and legal entities, are expected to have an immediate effect on public confidence and Cyprus’s reputation abroad....
https://knews.kathimerini.com.cy/en/life/summer-cinema-returns-to-faneromeni-with-free-screenings-in-nicosia
The Bank of Cyprus Cultural Foundation is bringing back its open-air summer cinema programme as part of the FANEROMENI26 Arts Festival, offering free film screenings for audiences of all ages throughout July and August in central Nicosia...
https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process
In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-restarts-funding-to-turkey-after-7-year-freeze
The return of the European Investment Bank (EIB) to Turkey was officially sealed on June 10, marking the revival of new development projects in the country after a seven-year hiatus....
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/gastronomos-awards-in-vouni-supporting-the-regeneration-of-the-land
Gastronomos magazine and Kathimerini are presenting the Gastronomos Quality Awards 2026 for the 12th consecutive year—an institution that honors Cypriot gastronomy, the authenticity of local products, and the dedication of producers who create them with passion and respect for tradition....
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/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/business/fake-profits-trick-paphos-woman-in-online-investment-scam
Police in Paphos are investigating a new online investment fraud case after a 66-year-old woman reported losing thousands of euros to a scam that started with what looked like a legitimate investment website....
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/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/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view
Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....
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/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/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/business/evgenii-tiapkin-‘there-is-no-equivalent-to-the-freedom-ecosystem-in-the-eu
Last Wednesday, 3 June, the President of Cyprus, Nikos Christodoulides, arrived in Kazakhstan at the invitation of President Kassym-Jomart Tokayev, accompanied by a delegation of officials and representatives of the national business community. The heads of state held bilateral talks. The talks then continued in an expanded format with the participation of delegations from both countries, and a bilateral business forum was held on the same day. ...
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2026-ends-with-great-success
The Green Agenda Cyprus Summit 2026, Cyprus’ largest sustainability conference, was held with great success on Thursday, June 4, 2026, at Hilton Nicosia, bringing together representatives from government, business, academia, and organizations, alongside distinguished speakers from Cyprus and abroad....
https://knews.kathimerini.com.cy/en/comment/opinion/the-population-crisis-hiding-in-plain-sight
Europe is aging, and so are Greece and Cyprus. In all three cases, the average age of the population is rising while birth rates remain below replacement levels. As a result, all three will see their populations shrink....
https://knews.kathimerini.com.cy/en/news/theodoros-loukaidis-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest conference dedicated to sustainable development, returns to Nicosia on June 4, 2026, under the central theme “Transition as a responsibility (not a trend)," ...
https://knews.kathimerini.com.cy/en/news/no-more-cash-rent-new-payment-rule-takes-effect-across-cyprus-from-july-1
If you pay your rent in cash, that habit is about to become a thing of the past....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-is-proud-to-welcome-two-new-partners
Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....
https://knews.kathimerini.com.cy/en/news/demetris-tsiakkis-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest conference on sustainable development, returns to Nicosia on June 4, 2026, under the central theme “Transition as a responsibility (not a trend),” bringing to the stage leading figures from the fields of sustainability and innovation. Among this year’s speakers is Demetris Tsiakkis, Head of Business Development and Strategy at Altia....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-access-to-€1-18-billion-in-eu-defense-funding
EU Defense Commissioner Andrius Kubilius announced on Monday that the European Commission and Cyprus have completed the signing of a €1.18 billion loan agreement under the SAFE program, a key component of the EU's broader effort to strengthen its defense capabilities....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reports-record-revenue-and-doubles-net-profit-in-fy2026
Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026 fiscal year, which ended on 31 March 2026. The results were published on 1 June....
https://knews.kathimerini.com.cy/en/business/ey-announces-the-appointment-of-2-new-partners-in-cyprus
EY Cyprus is pleased to announce the addition of two new Partners to its leadership team, Antonis Josephakis and Simos Simou....
https://knews.kathimerini.com.cy/en/news/antonia-theodosiou-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest sustainable development conference, returns to Nicosia on June 4, 2026, under the central theme ''Transition as a responsibility (not a trend),''...