https://knews.kathimerini.com.cy/en/comment/opinion/property-prices-hit-the-brakes-but-the-housing-crisis-remains
I am referring to the price race the real estate sector has been running for quite some time now, a rally that is also producing negative spillovers for housing affordability....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-prisons-at-breaking-point-new-facility-and-staff-boost-announced
Cyprus is taking steps to overhaul its aging prison system, with the Justice Minister announcing plans for a new correctional facility outside urban areas and a major expansion of prison staff. ...
https://knews.kathimerini.com.cy/en/news/the-diplomatic-footprint-of-ceremony
The President of the Republic engaged today in a marathon of meetings, just hours before the Opening Ceremony of the Cypriot Presidency. These meetings were rich in symbolism and carried a clear diplomatic imprint, setting the tone for the priorities of the Cypriot Presidency...
https://knews.kathimerini.com.cy/en/news/nicosia-on-high-alert-as-cyprus-kicks-off-eu-council-presidency
Nicosia is under unprecedented security measures Wednesday as Cyprus officially launches its six-month presidency of the Council of the European Union. The capital has been on heightened alert since early morning, with authorities rolling out months of careful planning to protect visiting dignitaries and manage potential threats....
https://knews.kathimerini.com.cy/en/news/wizz-air-launches-its-biggest-promotion-of-the-year-with-a-new-year-s-sale-now-live
Wizz Air, the fastest-growing European airline and the leading ones in Central and Eastern Europe, has kicked off 2026 with a major splash – the airline’s New Year’s Sale, now officially launched and is finally live and offering passengers the chance to secure exceptional and highly discounted flight deals of up to 26% off on 5 million seats across the WIZZ network....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/zelensky-in-nicosia-cyprus-suddenly-a-key-player-in-europe
Cyprus found itself at the center of European attention Wednesday as Ukrainian President Volodymyr Zelensky arrived on the island to attend the official inauguration of the Cypriot Presidency of the Council of the European Union....
https://knews.kathimerini.com.cy/en/news/a-moment-of-pride-and-pressure-as-cyprus-assumes-eu-presidency
Cyprus officially takes the reins of the European Union presidency this month, and Wednesday’s opening ceremony in Nicosia marks the island’s formal entry into one of Brussels’ most demanding leadership roles, at a time when Europe is facing wars on its borders, political strain, and big questions about its future....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-europe-s-center-stage-with-€25-6-million-infrastructure-overhaul
Cyprus has completed extensive infrastructure upgrades as it prepares to assume the presidency of the Council of the European Union, investing €25.6 million in conference and media facilities to host hundreds of high-level meetings throughout 2026....
https://knews.kathimerini.com.cy/en/news/nicosia-braces-for-traffic-disruption-ahead-of-jan-7-inaugural-ceremony
Major traffic restrictions, parking bans, and a drone prohibition will be in effect in central Nicosia on January 7, as authorities prepare for the inaugural ceremony to be held at THOK, the Cyprus Theatre Organisation....
https://knews.kathimerini.com.cy/en/news/prison-phone-blocking-system-disrupts-mobile-service-in-surrounding-neighborhood
The system designed to cut off mobile phone use inside the Central Prisons is under renewed scrutiny, after authorities acknowledged that it is also interfering with phone service in nearby residential areas....
https://knews.kathimerini.com.cy/en/news/us-claims-capture-of-venezuela-s-president-after-large-scale-strikes-on-caracas
The United States has carried out what President Donald Trump described as a “large-scale strike” on Venezuela, claiming that US forces have captured Venezuelan President Nicolás Maduro and his wife, Cilia Flores, and flown them out of the country....
https://knews.kathimerini.com.cy/en/business/cypriots-borrow-more-but-stash-far-more-cash-in-the-bank
Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....
https://knews.kathimerini.com.cy/en/news/first-us-lng-shipment-for-bulgaria-lands-in-greece-boosting-regional-energy-security
A first-ever shipment of American liquefied natural gas bound for Bulgaria has arrived in northeastern Greece, marking a milestone for energy supply in southeast Europe and underscoring Greece’s growing role as a regional energy hub....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shuts-down-smuggling-routes-slashes-irregular-migration-86
Cyprus has reduced irregular migrant arrivals by about 86% over the past three years, while sharply increasing returns, Deputy Minister of Migration and International Protection Nikolas Ioannides said....
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/news/prison-visit-ends-in-arrest
Authorities uncovered sheets of paper soaked in a banned substance, believed to be drugs, during a routine but intensified security check at Cyprus’ Central Prisons, leading to the arrest of a 40-year-old man from Nicosia....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/news/wizz-air-takes-you-to-europe-s-most-affordable-ski-destination-from-larnaca
With Christmas just around the corner, Wizz Air, Europe’s most sustainable and affordable airline, invites travellers to experience the magic of winter with easy access to some of Europe’s most budget-friendly and picturesque ski destinations....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-israel-strengthen-strategic-axis-at-jerusalem-trilateral-summit
Cyprus, Greece and Israel took another step toward closer coordination on Monday, reaffirming their strategic partnership during a trilateral summit held in Jerusalem against the backdrop of mounting geopolitical pressures in the Eastern Mediterranean ....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-has-a-rage-problem-and-it-s-pointed-at-the-wrong-things
Over the past week, parents in Larnaca pleaded guilty to the horrific abuse of their five underage children....
https://knews.kathimerini.com.cy/en/news/cyprus-politics-stall-the-cable-that-could-end-its-energy-isolation
The government and newly appointed Energy Minister Michalis Damianou will face a series of critical energy decisions in 2026 that will largely determine Cyprus’ energy future. ...
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/teachers-walk-out-farmers-roll-in-as-cyprus-braces-for-a-day-of-protests
Classrooms will fall silent and tractors will take to the streets on Thursday as teachers and farmers stage coordinated protests, putting fresh pressure on the government over education reforms and the future of agriculture....
https://knews.kathimerini.com.cy/en/comment/opinion/chaos-behind-bars-crisis-on-tap
The disorder inside the Central Prisons is a small-scale version of the country itself. They are riddled with extortion, sexual violence, physical and verbal abuse, and sometimes suicide....
https://knews.kathimerini.com.cy/en/out-about/from-the-decks-to-the-streets-these-are-the-djs-bringing-the-heat
For yet another year, Epic, in collaboration with Deejay Radio 93.5, is hosting a one-of-a-kind street festival on Makariou Avenue, at Spyridaki Square (360 Tower) in Nicosia....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates
Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...
