https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/business/home-insurance-in-europe-is-changing-and-cyprus-is-next
For many years, mortgage-related insurance in Cyprus was treated as a fixed part of the home loan process. That approach is gradually giving way to a different model across Europe....
https://knews.kathimerini.com.cy/en/news/pasykaf-calls-on-men-to-make-cancer-screening-a-priority
A new awareness campaign focusing on men's cancers has been launched by PASYKAF ahead of Father's Day on June 21, encouraging men to take a more active role in monitoring their health and seeking medical advice when needed....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-reopening-depends-on-mine-clearance-effort
The agreement between Washington and Tehran has increased expectations that commercial shipping and energy exports through the Strait of Hormuz can resume without disruption. President Donald Trump stated on Sunday that oil shipments from both directions would continue, helping calm fears of supply shortages in global markets....
https://knews.kathimerini.com.cy/en/news/74-new-traffic-cams-to-go-up-across-cyprus-but-it-s-not-what-you-think
A full-scale rollout of 74 new traffic cameras is currently underway, forming the main system for collecting data to manage and monitor road traffic....
https://knews.kathimerini.com.cy/en/news/€125m-road-shock-paphos–polis-project-faces-€50m-cost-jump-and-uncertain-future
Any hopes that the Paphos–Polis Chrysochous road project would get back on track have now faded following the opening of new tenders, which have driven the cost sharply upward. The lowest bid submitted has pushed the price of the project to €124,850,000 (excluding VAT), up from the €73 million plus VAT for which the contract had originally been awarded to the Greek construction company INTRAKAT....
https://knews.kathimerini.com.cy/en/news/cannabis-boom-and-rising-cocaine-use-reshape-cyprus-drug-landscape
Cannabis remains the most commonly used illegal drug in Cyprus, while cocaine and methamphetamine are becoming increasingly present across the country, according to the European Drug Report 2026 presented in Nicosia by the Cyprus National Addictions Authority....
https://knews.kathimerini.com.cy/en/news/cyprus-records-strong-cancer-survival-outcomes-across-major-cancer-types
Cancer patients in Cyprus are achieving survival outcomes that surpass the European Union average for several of the most common forms of the disease, according to figures presented during a press conference held by biopharmaceutical company Bristol Myers Squibb....
https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/cyprus-newest-eye-in-the-sky-how-a-space-project-could-change-life-on-the-ground
When most people think of space technology, they imagine rockets, astronauts, and distant planets. But Cyprus’ newest move into the space sector is much closer to home and could one day help firefighters detect disasters faster, farmers use less water, authorities monitor the sea, and scientists better understand the changing climate....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-warships-train-together-in-offshore-military-exercise
Naval vessels from Cyprus and Greece carried out coordinated drills off the Larnaca and Limassol coastline on Tuesday, as part of the ongoing ''NIKITIS–DIMITRA 2026'' exercise, in a show of military cooperation that is likely to draw public attention across the island....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/news/ai-designed-universal-vaccine-tested-in-humans-for-first-time
Scientists in the UK have tested a new kind of vaccine in people for the first time, and part of it wasn’t designed by humans at all, but by artificial intelligence....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-renews-its-commitment-to-the-environment-responsibility-grows-actions-multiply
With a consistency that characterizes its sustainability strategy, Lidl Cyprus continues to implement actions with a substantial impact, renewing its commitment to the environment and society. This year, the company's successful campaign, with its timeless message "The greater you are, the greater your responsibility" returns to highlight the steady progress and new, enhanced results of its initiatives....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/1-holiday-rental-prices-in-cyprus-rise-as-summer-demand-peaks
Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer season....
https://knews.kathimerini.com.cy/en/news/traffic-monitoring-drones-to-take-flight-over-cyprus-motorways
The Department of Public Works has announced a traffic monitoring program that will use drones to gather data along several major motorways in Cyprus over an 11-day period this month....
https://knews.kathimerini.com.cy/en/news/heating-and-cooling-account-for-70-of-household-energy-use-in-cyprus
Heating and cooling make up around 70 per cent of household energy use in Cyprus, according to a report released on Thursday by the European Commission’s Joint Research Centre (JRC), which examined heat pump markets across European Union member states....
https://knews.kathimerini.com.cy/en/news/is-nuclear-power-back-on-the-table-for-cyprus-energy-future
Speaking from the Green Agenda conference stage, former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas outlined the potential for Cyprus to join a growing group of countries exploring small modular reactors (SMRs) as part of their future energy mix....
https://knews.kathimerini.com.cy/en/news/eu-pushes-to-tighten-visa-rules-for-russian-tourists
Ten European Union member states are calling for a tougher visa regime for Russian citizens, urging the European Commission to consider new legislative measures to restrict tourist travel from Russia into the Schengen area....
https://knews.kathimerini.com.cy/en/business/nvidia-vp-sees-ai-as-a-tool-to-help-cyprus-tackle-traffic-water-and-climate-changes
Artificial intelligence has the potential to help tackle some of Cyprus’ biggest challenges, from energy and water management to climate resilience and traffic congestion, according to John Josephakis, Global Vice President of HPC/Supercomputing at NVIDIA....
https://knews.kathimerini.com.cy/en/news/food-poisoning-linked-to-limassol-wedding-leaves-74-ill
Authorities are continuing to examine a large food poisoning outbreak connected to a wedding reception in Limassol after dozens of guests became ill....
https://knews.kathimerini.com.cy/en/news/europe-records-highest-sti-rates-in-more-than-a-decade
Cases of bacterial sexually transmitted infections (STIs) climbed to their highest levels in more than ten years across Europe in 2024, according to newly released figures from the European Centre for Disease Prevention and Control (ECDC)....
https://knews.kathimerini.com.cy/en/news/police-map-48-dangerous-crash-hotspots-across-cyprus
Cyprus police have identified 48 locations across the island where road accidents are happening more frequently, raising fresh concerns about road safety on some of the country’s busiest routes....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-is-proud-to-welcome-two-new-partners
Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....
https://knews.kathimerini.com.cy/en/news/mayonnaise-price-jumps-nearly-10-in-may
Shoppers in Cyprus saw noticeable price increases on everyday supermarket items in the second half of May, with sauces, eggs, dairy products and personal hygiene goods among the most affected categories....
https://knews.kathimerini.com.cy/en/news/women-make-up-majority-of-science-and-technology-workforce-in-cyprus
Women accounted for more than half of all science and technology workers in Cyprus in 2025, according to figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-oil-dependence-despite-renewable-energy-surge
Cyprus remains one of the European Union’s most petroleum-dependent countries, according to the latest Eurostat energy data, even though renewable sources now account for almost all domestic energy production....
