https://knews.kathimerini.com.cy/en/business/cyprus-environmental-tax-revenue-reaches-€718-7-million
Environmental tax revenue in Cyprus reached €718.72 million in 2024, according to new figures released by Eurostat, as environmental tax receipts across the European Union increased to a record €371.9 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-households-can-get-up-to-€900-to-replace-old-solar-water-heaters
Cyprus households will soon have another incentive to reduce their energy costs, with the government approving a new subsidy scheme offering up to €900 for the installation or replacement of solar hot water systems....
https://knews.kathimerini.com.cy/en/news/one-month-s-salary-just-to-keep-the-lights-on
Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...
https://knews.kathimerini.com.cy/en/business/cyprus-records-eu-s-second-largest-annual-drop-in-public-debt
Cyprus recorded the second-largest annual reduction in government debt among European Union member states during the first quarter of 2026, according to figures released by Eurostat on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-major-overhaul-of-vehicle-import-rules-and-dealer-licensing
With a focus on transparent procedures, clearly defined responsibilities, and stricter oversight of the import and sale of new and used vehicles, the Road Transport Department is advancing two legislative initiatives....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-up-efforts-to-crack-down-on-illegal-airbnb-rentals
The Deputy Ministry of Tourism is introducing a stricter operating framework while also preparing to implement the new European regulation. The goal is to create a complete registry of accommodations and improve oversight of the market....
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-plans-crackdown-on-public-sector-sick-leave-abuse
The government is preparing changes to the rules on sick leave across the public sector, saying the goal is to tackle abuse while protecting the system for employees who genuinely need time off because of illness....
https://knews.kathimerini.com.cy/en/news/turkey-begins-work-on-gas-pipeline-to-occupied-north-setting-its-sights-on-europe
Turkey has reportedly begun building a 101-kilometer natural gas pipeline linking its southern coast to the occupied north of Cyprus, in a move that could reshape the region's energy landscape if completed....
https://knews.kathimerini.com.cy/en/news/greece-blocks-new-eu-sanctions-over-russian-gas-to-protect-greek-shipping-giant
Greece has delayed the European Union's latest round of sanctions against Russia, arguing that the proposed measures would severely damage a major Greek shipping company that transports Russian liquefied natural gas (LNG)....
https://knews.kathimerini.com.cy/en/news/finally-cooler-classrooms-25-cyprus-schools-begin-€20-million-energy-transformation
For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-navel-of-the-world
Does anyone still doubt that Cyprus is the navel of the world? That everything revolves around our President, who proclaimed he was in constant contact with Ursula von der Leyen and Antonio Costa, insisting that the two EU leaders would raise the Cyprus issue with their host, Recep Tayyip Erdoğan, on the sidelines of the NATO summit?...
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/waste-tax-could-leave-households-paying-more-before-recycling-systems-improve
Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....
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/comment/opinion/when-you-re-paying-three-times-more
Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....
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/social-media-feeding-widespread-youth-exposure-to-gambling-content
A substantial majority of young people in Cyprus frequently encounter gambling content on social media, driven largely by platform algorithms rather than personal choice, according to new research....
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/comment/opinion/the-black-van-and-the-black-snake-that-will-devour-us
Major twists and turns in the black van affair. Not my black van, of course, which, as everyone knows, is blessed and only keeps tabs on stories of social commentary. Some malicious souls call it nosiness or gossip. I'm talking about the real one, the original black van....
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/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55
A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....
https://knews.kathimerini.com.cy/en/news/the-cypriot-national-guard-is-going-green
The Electricity Authority of Cyprus (EAC) and the Ministry of Defence have signed a major energy agreement to replace thousands of outdated streetlights across the island's military bases....
https://knews.kathimerini.com.cy/en/business/israel-launches-fifth-offshore-bidding-round-to-expand-natural-gas-reserves
Israel has launched its fifth offshore bidding round to explore for additional natural gas within its economic waters, an initiative aimed at expanding domestic reserves and securing a larger footprint in the regional export market....
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/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....
https://knews.kathimerini.com.cy/en/life/21st-cyprus-rialto-world-music-festival
The 21st Cyprus Rialto World Music Festival returns from 8 to 21 July 2026 as an open invitation to meet through music, reminding us of its power to bring people closer. For more than two decades, it has remained one of Cyprus’ most vibrant intercultural institutions—a space where sound becomes a language of coexistence, exchange and shared experience....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-criminal-inquiry-into-former-president-and-tycoon-over-corruption-report
Five independent criminal investigators have been appointed by the Council of Ministers to probe corruption allegations originating from the book "Mafia State" by journalist Makarios Drousiotis....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
