https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/cyprus-cola-comeback-what-changes-who-benefits-and-who-s-still-left-out
Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....
https://knews.kathimerini.com.cy/en/news/tepak-plans-€21-7-million-marine-sciences-school-near-old-larnaca-airport
The Cyprus University of Technology (TEPAK) is set to establish a new School of Marine Sciences, Technology, and Sustainable Development in the Mackenzie area, adjacent to the old Larnaca airport. ...
https://knews.kathimerini.com.cy/en/comment/opinion/reforms-are-not-done-this-way
Teachers, who are at the forefront of the reform, have voiced their disagreements, noting that the increased costs are not matched by an end to the practice of leveling down. So far, this has resulted in a brief work stoppage, accompanied by the predictable disruption....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-property-contracts-issued-to-deceased-owners
Cyprus lawmakers heard Tuesday that contracts for Turkish Cypriot properties have been issued to people long deceased, some of whom would be 150 years old today....
https://knews.kathimerini.com.cy/en/news/cyprus-top-paid-teachers-yet-bottom-range-results
Cyprus is knee-deep in a fiery debate over teacher evaluations, a tug-of-war so intense it has already sparked strikes, hardened positions, and stirred up public frustration....
https://knews.kathimerini.com.cy/en/life/cyprus-mansion-hits-€16-million-yes-you-read-that-right
Move over Los Angeles and Monaco: Cyprus has officially entered the “billionaire’s playground” league, or at least the €16 million playground....
https://knews.kathimerini.com.cy/en/business/eurobank-to-begin-trading-on-cyprus-stock-exchange-in-december-2025
In December 2025, Eurobank’s shares are set to start trading on the Cyprus Stock Exchange (CSE) in a “dual listing,” meaning they will continue trading simultaneously on the Athens Stock Exchange (ATHEX)....
https://knews.kathimerini.com.cy/en/news/he-thought-he-d-found-the-perfect-crypto-investment-but-was-scammed-out-of-€50-000
A resident of Larnaca has reported losing €50,000 to an online investment scam, according to a statement filed with the Larnaca CID’s Financial Crime Investigation Office....
https://knews.kathimerini.com.cy/en/news/cyprus-is-running-out-of-water-now-private-companies-say-they-can-make-it-rain
Several companies in Cyprus are urging the government to move forward on cloud-seeding initiatives aimed at boosting rainfall as the island confronts a deepening water shortage....
https://knews.kathimerini.com.cy/en/news/officials-greenlight-€90m-paphos-polis-highway-after-contractor-appeal-fails
Cyprus is moving ahead with the first stretch of the Paphos-Polis Chrysochous highway after authorities rejected an appeal by construction company AKTOR....
https://knews.kathimerini.com.cy/en/business/ryanair-loses-eindhoven-landing-slots-as-european-network-cuts-deepen
Ryanair has been stripped of two landing slots at Eindhoven Airport after Dutch regulators concluded the airline repeatedly operated certain flights behind schedule, according to a report from the Eindhovens Dagblad....
https://knews.kathimerini.com.cy/en/news/cyprus-pushes-for-electricity-links-to-strengthen-regional-influence
Cyprus is taking bold steps to establish itself as a key player in the Eastern Mediterranean energy scene, President Nikos Christodoulides said Tuesday at the 13th Energy Symposium. ...
https://knews.kathimerini.com.cy/en/business/bankrupt-travel-agencies-leave-cyprus-consumers-in-the-lurch
Lawmakers are pushing for new legislation to better protect consumers affected by travel agency bankruptcies, after a recent collapse left dozens of holidaymakers facing heavy losses....
https://knews.kathimerini.com.cy/en/news/paphos-revives-city-center-with-affordable-student-hostels
Abandoned buildings in Paphos’ city center are getting a new lease on life, as the municipality transforms them into affordable student housing. ...
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/comment/opinion/price-isn-t-everything
Lately, I find myself talking more and more about my dining experiences. And, fortunately for me, I’m not the only one....
https://knews.kathimerini.com.cy/en/news/greece-and-ukraine-strike-deal-to-build-crewless-combat-boats
Greece and Ukraine are moving ahead with a joint plan to build unmanned surface vessels, essentially crewless naval craft, at Greek shipyards, in what officials are calling one of the most concrete takeaways from Sunday’s meeting between Greek Prime Minister Kyriakos Mitsotakis and Ukrainian President Volodymyr Zelenskyy....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
https://knews.kathimerini.com.cy/en/life/cyprus-government-steps-in-to-fund-critical-treatment-for-young-abraham
In a turn of events, the government of Cyprus has stepped in to cover the costs of transferring five-year-old Abraham Christoforou to Israel for specialized medical treatment, offering a glimmer of hope to a family facing a life-threatening crisis....
https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs
Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/business/u-s-now-penniless-after-more-than-230-years
America’s penny has officially punched out. After 230 years of jingling in pockets, collecting dust in jars, and costing more to make than it’s worth, the 1-cent coin is out of production....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-lag-behind-eu-average-though-growth-continues
Now that the Cost of Living Allowance agreement was signed yesterday, it’s a good moment to take a closer look at how Cypriots’ salaries stack up against their European neighbors, and the numbers tell an eye-opening story....
https://knews.kathimerini.com.cy/en/comment/opinion/rich-young-people-under-41
We were glad to hear that the government will keep several housing schemes running in 2026. That’s good news, at least on paper....
https://knews.kathimerini.com.cy/en/news/signatures-finally-inked-for-cost-of-living-allowance
After some delay, the social partners have signed, in principle, an agreement on the Cost-of-Living Allowance (ATA) at the Presidential Palace, in the presence of President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/life/they-consider-us-migrants-mother-of-five-year-old-abraham-pleads-for-urgent-help
Five-year-old Abraham Christoforou is fighting for his life after being diagnosed with Acute Disseminated Encephalomyelitis, a rare and severe autoimmune neurological disease. ...
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-advanced-defense-drones-and-anti-drone-systems-photos
The Cypriot Ministry of Defense today showcased two cutting-edge defense systems developed under its ATHENA research and innovation program: THISEAS, a drone-based situational awareness platform, and DroneEYE, a portable and vehicle-mounted anti-drone system....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-cleaner-and-friendlier-but-prices-all-over-the-map
Cyprus restaurants may be cleaner and more polite these days, but diners are still facing wild price swings and patchy service, according to the annual assessment by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september
Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....
