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/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/business/cypriots-keep-shopping-despite-inflation-fears-and-global-uncertainty
Consumer spending in Cyprus remains strong despite market uncertainty caused by inflationary pressures and the war in the Middle East....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-schengen-in-18-months-is-that-realistic
Joining the Schengen Area would do more than end border checks for Cypriot citizens traveling within Europe. It would place Cyprus among what is often described as the EU’s ''inner core,'' the group of countries that belong both to the European free-travel zone and the euro area....
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/xylofagou-tragedy-father-asks-to-attend-children-s-funeral-in-bulgaria
The father of the two young children who lost their lives in Xylofagou returned to court on Wednesday as legal proceedings continued, with his defense asking for permission for him to travel to Bulgaria to attend their funeral....
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/business/cyprus-eyes-first-energy-exports-from-2028
Cyprus expects to begin exporting energy from its own natural gas reserves within the next few years, with the first shipments of gas planned through Egypt's liquefied natural gas facilities from 2028 onwards, Energy Minister Michalis Damianos has said....
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/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/stepmother-in-xylofagou-case-pleads-for-end-to-family-blame-video
A stepmother previously detained over the tragic deaths of two children found in a car in Xylofagou has spoken out following her release from custody, pleading for public speculation to end....
https://knews.kathimerini.com.cy/en/news/court-denies-bail-to-father-charged-over-death-of-two-children-in-xylofagou
A Dhekelia British Bases judge has ordered the detention of a father until July 16 after his two young children were found dead inside a parked car in Xylofagou....
https://knews.kathimerini.com.cy/en/news/brothers-allegedly-locked-in-parked-car-parents-under-investigation
The father and stepmother of two young brothers who were found dead inside a parked car in Xylofagou are due to appear before the Dhekelia British Bases Court on Monday morning, as police continue investigating one of the island's most heartbreaking tragedies....
https://knews.kathimerini.com.cy/en/news/twelve-arrested-as-police-step-up-patrols-at-lady-s-mile-and-curium-beaches
A month-long policing campaign at Lady's Mile and Curium beaches has resulted in 12 arrests, according to the SBA Police, with officers continuing patrols throughout the busy coastal areas....
https://knews.kathimerini.com.cy/en/business/fuel-and-lubricant-prices-in-cyprus-rise-20-5-year-on-year-in-may
Fuel and lubricant prices for personal transport in Cyprus were 20.5% higher in May 2026 compared with May 2025, according to figures released by Eurostat. The increase was closely aligned with the European Union average, which stood at 20.7%....
https://knews.kathimerini.com.cy/en/news/cremation-finally-coming-to-cyprus-after-20-years-of-delays
The calendar read July 2006 when Cyprus first saw an extensive public debate on introducing legislation for cremation. What followed was a discussion and consultation process that would drag on for more than a decade, marked by repeated delays and legislative back-and-forth....
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/good-news-for-tourism-uk-and-us-ease-travel-advisories-for-cyprus
The summer season is getting off to an encouraging start for Cyprus' tourism industry, which has faced growing uncertainty in recent months due to the crisis and geopolitical tensions in the Middle East....
https://knews.kathimerini.com.cy/en/news/bulgaria-puts-limits-on-u-s-military-aircraft-stay-after-visa-dispute
Bulgaria will allow US military aircraft to stay in the NATO member country only until the end of June, after the United States failed to approve a visa-free system for Bulgarian visitors, Prime Minister Rumen Radev has said....
https://knews.kathimerini.com.cy/en/news/cyprus-gymnast-vera-tukolukova-wins-three-medals-in-portugal
Cypriot rhythmic gymnast Vera Tukolukova delivered a standout performance at the World Rhythmic Gymnastics Challenge Cup in Portimão, Portugal, winning three medals less than two weeks before the European Championships in Varna, Bulgaria....
https://knews.kathimerini.com.cy/en/news/europe-s-bee-population-climbs-to-new-highs-while-cyprus-sees-fewer-hives
EU farm beehive numbers climbed to a record 9.4 million in 2023, according to new figures released by Eurostat, with Italy, Romania and Greece leading the bloc in bee colony numbers. Cyprus, however, recorded a decline over the past three years....
https://knews.kathimerini.com.cy/en/news/bulgaria-claims-first-eurovision-crown-as-cyprus-finishes-19th-overall
Bulgaria celebrated a historic night at the 70th edition of the Eurovision Song Contest 2026 after singer DARA secured the country’s first-ever victory with her song Bangaranga....
https://knews.kathimerini.com.cy/en/news/cyprus-dances-into-eurovision-final-with-explosive-jalla-performance
Eurovision Song Contest 2026 fever is officially back in Cyprus after Antigoni Buxton powered her way into Saturday’s grand final with an explosive performance of ''Jalla'' during Thursday night’s second semi-final in Vienna....
https://knews.kathimerini.com.cy/en/news/cyprus-joins-international-crackdown-on-fake-medicine-network
Cyprus joined an international operation targeting a criminal network accused of selling fake medicines and unlicensed supplements across Europe, according to Eurojust....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability
Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-slumps-as-british-demand-drops-and-bookings-fall-60
The main source of tourism for Cyprus is weakening this year. British travelers, who make up the country’s largest tourism market, are showing hesitation and caution because of geopolitical instability in the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/news/more-than-600-minors-sought-asylum-in-cyprus-in-2025-eu-data-shows
More than 600 minors applied for asylum in Cyprus in 2025, according to new figures released by Eurostat, highlighting how children continue to make up a significant share of people seeking protection across Europe....
https://knews.kathimerini.com.cy/en/business/european-countries-ease-travel-warnings-for-cyprus-after-diplomatic-push
European countries are quietly rewriting how they describe Cyprus in travel warnings, in what appears to be a diplomatic win for Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-above-eu-average-for-cataract-surgeries-in-2023
Cyprus carried out more than 12,000 cataract operations in 2023, placing it among the more active countries in the European Union for this common eye procedure, according to figures released by Eurostat....
