https://knews.kathimerini.com.cy/en/business/eu-hits-back-with-$28-billion-in-tariffs-on-us-goods
The European Union is hitting back after U.S. President Donald Trump imposed a sweeping 25% tariff on all European steel and aluminum imports....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-face-ruin-as-drought-devastates-crops
Cypriot farmers are staring down a bleak future as a third consecutive year of drought wreaks havoc on their crops. Many now face tough decisions, with some fearing financial ruin as their fields dry up and their harvests fail....
https://knews.kathimerini.com.cy/en/news/cracking-down-on-animal-cruelty-tougher-penalties-on-the-horizon
In a hopeful step toward stronger animal protection, Cyprus' Attorney General has urged the Minister of Justice to toughen penalties for animal abuse, making the law a true deterrent for offenders....
https://knews.kathimerini.com.cy/en/news/end-of-an-era-manchester-united-to-leave-old-trafford-after-115-years
Manchester United has officially announced plans to move out of Old Trafford, their home for the past 115 years, and build a brand-new, state-of-the-art stadium next door. The proposed 100,000-seater venue will become the largest football stadium in the UK....
https://knews.kathimerini.com.cy/en/business/new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....
https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan
A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....
https://knews.kathimerini.com.cy/en/news/retired-but-still-on-payroll-as-doctor-gets-paid-for-10-months-after-retiring
A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-stronger-in-2024-with-a-net-profit-of-€214mn
Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertain-future-as-electricity-link-with-greece-stalls
The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...
https://knews.kathimerini.com.cy/en/news/calls-for-resignation-of-shso-board-amid-growing-healthcare-concerns
The resignation of the Board of Directors of the Cyprus Health Services Organization was demanded today during a Parliamentary Health Committee meeting discussing the 2025 budgets for SHSO and the Health Insurance Organization....
https://knews.kathimerini.com.cy/en/news/limassol-explores-the-possibility-of-a-tram-system
A conference set for March 18 will examine the feasibility of a tram system as a public transport solution that could help ease Limassol’s traffic congestion....
https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears
A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-hit-record-high-profits-despite-ecb-rate-cuts
Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...
https://knews.kathimerini.com.cy/en/news/human-trafficking-case-at-kyrenia-port
"Authorities" in the occupied part of Cyprus have extended the detention of six individuals suspected of human trafficking through the port of Kyrenia....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/business/how-cyprus-became-the-secret-hub-of-the-global-porn-industry
When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....
https://knews.kathimerini.com.cy/en/news/cyprus-will-send-six-athletes-to-special-olympics-world-winter-games-this-year
A press conference was held on February 27th at the Olympic Mansion to officially present the Cypriot delegation for the upcoming Special Olympics World Winter Games....
https://knews.kathimerini.com.cy/en/life/barbershop-battle-brews-in-nicosia-s-old-town-as-cypriot-barbers-face-extinction
In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...
https://knews.kathimerini.com.cy/en/news/police-demand-€45-000-for-carnival-security-sparks-outrage
A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....
https://knews.kathimerini.com.cy/en/news/pavlos-kontides-named-man-of-the-year-at-23rd-awards-ceremony
The spotlight was on Cypriot sailing champion Pavlos Kontides on Wednesday, February 26, 2025, as he was awarded the prestigious Man of the Year title at the 23rd Bank of Cyprus Man of the Year Awards ceremony....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/business/cyprus-among-eu-countries-lagging-in-gender-budgeting-initiatives
Cyprus stands out as one of only three European Union (EU) member states currently lacking a gender budgeting framework, alongside Estonia and Lithuania....
https://knews.kathimerini.com.cy/en/news/farmers-face-devastating-crop-losses-as-freezing-temps-hit-hard
Cyprus’ farmers are facing major losses as freezing temperatures from the Coral weather system devastate crops across the island. The Ministry of Agriculture, Rural Development, and Environment has vowed to step in quickly, promising immediate support for those affected....
https://knews.kathimerini.com.cy/en/news/cold-snap-damages-solar-water-heaters
The recent icy temperatures sweeping across Cyprus haven’t just hit crops hard—they’ve also wreaked havoc on solar water heaters in homes across the island. ...
https://knews.kathimerini.com.cy/en/news/farmers-battle-brutal-frost-as-‘coral-cold-front-devastates-crops
The bitter cold brought by the Coral weather system has left Cyprus' farmers reeling as frost has destroyed their hard-earned crops overnight....
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-€60m-investment-plan-to-boost-agriculture
The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-set-their-sights-on-the-u-s
For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....
