https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest
As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-€150-million-deal-for-israeli-naval-vessels-and-weapons
Cyprus is close to a roughly €150 million agreement to buy Israeli naval vessels and weapons systems, a significant defense purchase for an island whose security interests extend from its coastline to its offshore energy resources....
https://knews.kathimerini.com.cy/en/news/john-christodoulou-weighs-presidential-run-citing-bills-wages-and-safety
Wages that fail to keep up with bills, families struggling to afford the basics and people feeling unsafe in their neighborhoods: businessman John Christodoulou says these are among the reasons he is seriously considering running for president....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
https://knews.kathimerini.com.cy/en/news/more-time-to-file-your-cyprus-tax-return-without-extra-charges
If your 2025 tax return is still sitting on your to-do list, there is some breathing room: Cyprus’ Tax Department says you can file and pay by Nov. 30, 2026, without interest or financial charges....
https://knews.kathimerini.com.cy/en/news/a-decent-salary-an-empty-account-living-from-payday-to-payday
Payday arrives, and for a moment, the bank balance looks reassuring. Then the bills start coming out....
https://knews.kathimerini.com.cy/en/business/cyprus-links-€25-million-gsi-payment-to-greek-navtex
Cyprus has linked its planned €25 million payment for the Great Sea Interconnector (GSI) to the Greek government issuing a NAVTEX before the end of October, Energy Minister Michalis Damianou said on Monday....
https://knews.kathimerini.com.cy/en/news/aphrodite-gas-agreements-expected-to-be-signed-in-egypt-this-week
Getting Cyprus’ offshore gas out of the seabed and onto the market takes more than a pipeline. It also means agreeing who buys it, how it gets there and what financial rules apply....
https://knews.kathimerini.com.cy/en/news/the-illusion-of-cheap-fuel
The political paradox is that the state funds a public transport system that has failed to become a sufficiently reliable alternative for much of the population....
https://knews.kathimerini.com.cy/en/news/which-goods-and-services-are-eating-into-household-incomes
Prices across several essential categories of goods and services have risen over the past four years, eating further into household budgets. With the sharpest annual increases now seen in transport, housing, energy and fuel, inflation remains firmly in the picture, steadily eroding households’ purchasing power....
https://knews.kathimerini.com.cy/en/news/european-prosecutors-freeze-greek-assets-in-€115m-cyprus-linked-vat-case
European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....
https://knews.kathimerini.com.cy/en/business/emgf-forum-accelerating-the-eastern-mediterranean-s-role-as-an-energy-corridor-for-europe
The development of the Eastern Mediterranean into an interconnected energy corridor, capable of making a meaningful contribution to security of supply across the wider region, was at the heart of the high-level event co-hosted by HELLENiQ ENERGY and the East Mediterranean Gas Forum (EMGF) on Wednesday, 7 October, in Athens.
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https://knews.kathimerini.com.cy/en/news/cyprus-investment-firm-fined-€100-000-over-misleading-information
When an investment company promotes its services online, customers should be able to understand the offer without being misled. And if it gives investment advice, it must have permission to do so....
https://knews.kathimerini.com.cy/en/news/nina-schick-the-greatest-risk-for-cyprus-is-remaining-a-passive-consumer-of-artificial-intelligence
With a career that has brought her close to the most influential centres of political and technological decision-making in the United States and Europe, Nina Schick is now ranked among the world’s top 20 speakers on artificial intelligence....
https://knews.kathimerini.com.cy/en/news/artificial-intelligence-at-the-heart-of-a-new-global-power-struggle
The global struggle for power in artificial intelligence, and its implications for work, the economy, innovation and geopolitics, took centre stage at the Digital Agenda Cyprus Summit 2026, held on Wednesday, October 14, at the Nicosia Municipal Theatre. This year’s theme was “AI Wars – Challenging the Balance of Power: Life, Work, Country, Region”....
https://knews.kathimerini.com.cy/en/news/a-swiss-bank-without-switzerland-ubs-weighs-a-move-abroad
How big can a bank become before its home country can no longer afford to rescue it? That question is at the heart of a dispute in Switzerland, where banking giant UBS is considering whether its future could lie abroad....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-new-apartment-block-management-system-for-2029
Cyprus is preparing to transfer responsibility for managing jointly owned buildings to District Local Government Organisations (DLGOs) from 1 January 2029, under proposed reforms intended to address longstanding problems affecting apartment blocks and other shared properties....
https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal
Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....
https://knews.kathimerini.com.cy/en/business/the-road-to-completing-the-vasilikos-projects-is-fraught-with-obstacles
Cyprus’s long-delayed Vasilikos LNG terminal could become operational by 2030, but finding a reliable contractor and resolving technical, financial and legal challenges remain key hurdles. Eight companies have expressed interest in completing the project, which stalled after the collapse of the contract with Chinese consortium CPP-METRON....
https://knews.kathimerini.com.cy/en/news/is-cyprus-ready-for-the-ai-revolution-digital-agenda-summit-puts-the-question-to-the-test
Artificial intelligence is transforming the workplace and the global balance of power, prompting questions about whether Cyprus and Europe are prepared to adapt quickly enough. These issues took center stage as Digital Agenda Summit 2026 opened in Nicosia on Wednesday under the theme “AI WARS: Challenging the balance of power.”...
https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/news/limassol-to-launch-campaign-encouraging-more-people-to-use-public-transport
The government plans to encourage more people to use buses as part of efforts to tackle severe traffic congestion in Limassol, with the Transport Ministry preparing a public information campaign and reviewing existing services to identify where improvements are needed....
https://knews.kathimerini.com.cy/en/diplomatica/trump-s-ambassador-to-greece-resigns-after-allegations-of-misconduct
Kimberly Guilfoyle has resigned as the United States ambassador to Greece following weeks of allegations about her conduct, including claims that she sought personal financial assistance from a political donor in exchange for access to senior administration officials....
https://knews.kathimerini.com.cy/en/life/cortisol-and-weight-gain-is-stress-really-making-you-fat
In recent years, cortisol has become a hot topic in conversations about health, stress and weight gain. On social media, it is often labeled the “fat-storing hormone,” with many people blaming it for food cravings, stubborn belly fat and difficulty losing weight. But how much truth is there to these claims?...
https://knews.kathimerini.com.cy/en/comment/opinion/the-untapped-reserve-of-greece-s-soft-power
Greece has an extraordinary reserve of ''soft power.'' Rubio’s speech demonstrated that as clearly as anything could. Whether one agrees or disagrees with the way he tailored his narrative to the setting, there is no doubt that it offered further proof of the strength of the Greece ''brand.''...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/news/state-services-order-culling-of-2-000-animals-to-eradicate-foot-and-mouth-disease
Approximately 2,000 animals across five livestock farms in Cyprus will be culled following infections identified during island-wide sample testing conducted in July, government officials confirmed on Monday....
https://knews.kathimerini.com.cy/en/news/scammers-steal-€33-424-from-81-year-old-woman-in-fake-gesy-message
An 81-year-old woman lost €33,424 after following instructions in a fraudulent text message that appeared to come from Cyprus’ General Healthcare System (Gesy), police said on Monday....
https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says
Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....
https://knews.kathimerini.com.cy/en/news/ministers-for-a-day-young-people-take-their-proposals-to-cyprus-cabinet-table
Young people took the seats usually occupied by Cyprus’ ministers and deputy ministers at a special Cabinet-style meeting, with an invitation from President Nikos Christodoulides: bring your ideas—and don’t hold back on criticism....
