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/two-arrested-in-nicosia-online-scam-that-cost-company-€35-000
Authorities in Nicosia have arrested two young men, aged 20 and 21, in connection with an online fraud scheme that targeted a local company, police said Monday. A third suspect, 22, remains at large as investigators continue their work....
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/eu-enlargement-crisis-now-becomes-cyprus-problem
According to information obtained by ''K,'' Berlin has raised the issue of possible ''economic consequences'' for Budapest following Hungary’s decision to block the EU Council Conclusions on Enlargement at the General Affairs Council (GAC) meeting on December 16....
https://knews.kathimerini.com.cy/en/business/1-cyprus-new-minimum-wage-of-€979-kicks-in-today-but-is-it-enough
Starting today, January 1, 2026, Cyprus workers are seeing a welcome bump in their pay as the national minimum wage rises....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/channel-tunnel-power-failure-leaves-thousands-stranded-on-europe-routes
Thousands of passengers travelling between the UK and mainland Europe faced major disruption after a power supply failure in the Channel Tunnel led to the suspension of Eurostar services for much of the day, during one of the busiest travel periods of the year....
https://knews.kathimerini.com.cy/en/news/akamas-roads-could-do-more-harm-than-good-environment-watchdog-warns
The road works in Akamas are not just unfinished; they may be actively putting the area at risk....
https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories
The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....
https://knews.kathimerini.com.cy/en/news/1-cyprus-builders-say-they-re-desperate-for-workers-and-want-asylum-seekers-on-site
Cyprus may be building nonstop, but the people needed to actually do the building are running out....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-the-forefront-of-expanding-defense-partnership-with-greece-and-israel
Cyprus is set to play a growing role in a deepening defense partnership with Greece and Israel, as the three countries move to expand joint military activity and security cooperation in the Eastern Mediterranean....
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/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/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses
The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....
https://knews.kathimerini.com.cy/en/news/if-you-can-t-stop-the-lionfish-eat-it
On the waters off Larnaca, where fishermen once pulled up nets heavy with red mullet and sea bream, the catch has shifted in troubling ways....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
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/justice-minister-renounces-lifetime-pension-in-rare-move
Cyprus’ Justice and Public Order Minister Costas Fytiris is walking away from a benefit many politicians quietly keep: a lifetime ministerial pension....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/disability-support-allowance-exposed-as-inadequate-for-real-home-care-needs
A man with a recognized disability has spoken out about the severe gap between state support and the real cost of daily care, describing an undignified reality for people with disabilities who live alone....
https://knews.kathimerini.com.cy/en/news/sometimes-the-ones-we-help-change-us-the-most
There are moments you think you’re going somewhere to offer support, only to realize you’re the one who leaves changed....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/business/new-bean-bar-store-opens-at-the-mall-of-cyprus
Another store is added to the beloved Bean Bar chain, which has been established as a reference point for coffee lovers all around Cyprus....
https://knews.kathimerini.com.cy/en/news/trying-to-sneak-tobacco-into-cyprus-customs-just-sent-a-€2-000-message
Customs officers at Larnaca Airport stopped a 29-year-old passenger earlier this month after discovering large quantities of tobacco and electronic cigarettes hidden in his luggage, the latest in a string of cases highlighting how often undeclared smoking products try to slip through Cyprus’ entry points....
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/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
