https://knews.kathimerini.com.cy/en/business/cyprus-shopping-bill-outpaces-its-sales-trade-deficit-grows-in-first-half-of-2025
New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-news-roundup-fires-finance-and-fiery-wage-demands
From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....
https://knews.kathimerini.com.cy/en/business/rental-prices-in-cyprus-show-dramatic-divide-limassol-rents-more-than-double-those-in-paphos-and-larnaca
Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments....
https://knews.kathimerini.com.cy/en/news/police-seize-18-e-scooters-in-nicosia-safety-crackdown
Police seized 18 personal mobility devices and issued as many fines Friday morning in a citywide campaign targeting illegal use of e-scooters and similar vehicles....
https://knews.kathimerini.com.cy/en/news/injured-tourist-rescued-from-ayia-napa-sea-caves
Emergency crews rescued an injured person Wednesday afternoon after a fall on the rocks in the sea caves area of Ayia Napa, authorities said....
https://knews.kathimerini.com.cy/en/news/foot-and-mouth-disease-ravages-livestock-in-turkey
An outbreak of foot-and-mouth disease is sweeping through livestock in Ardahan and surrounding areas in northeastern Turkey, alarming farmers who are losing animals and income, Turkish media reported Monday....
https://knews.kathimerini.com.cy/en/news/firefighting-jobs-approved-after-limassol-fire-a-little-too-late
Months before a deadly wildfire tore through the hills of Limassol, the Forestry Department was pleading for help. They needed firefighters. They needed boots on the ground. They needed them by April....
https://knews.kathimerini.com.cy/en/business/eurobank-to-hike-dividends-by-over-50
Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....
https://knews.kathimerini.com.cy/en/business/audit-office-warns-of-€3-1-billion-in-delayed-tax-revenues-warns-of-non-collection-risk
The Audit Office has raised concerns over €3.1 billion in delayed tax revenues owed to the state, warning that around €1.4 billion may never be collected....
https://knews.kathimerini.com.cy/en/out-about/neolithic-village-opens-to-visitors-in-protaras
The Department of Antiquities, under the Deputy Ministry of Culture, announced Monday the opening of a newly arranged archaeological site at “Nisia” in Protaras, Paralimni....
https://knews.kathimerini.com.cy/en/news/malaria-s-shadow-lingers-as-greece-faces-imported-case-threat
Malaria, eradicated in Greece since 1974, remains eliminated despite annual imported cases, the National Public Health Organization (EODY) reported....
https://knews.kathimerini.com.cy/en/news/paralimni-deryneia-launches-installation-of-72-high-tech-showers-on-protaras-beaches
Beachgoers in the popular Protaras resort area can expect an upgrade to their seaside experience as the Municipality of Paralimni - Deryneia begins installing 72 ultra-modern showers across 18 local beaches....
https://knews.kathimerini.com.cy/en/business/cyprus-airports-set-for-€170m-makeover-as-passenger-growth-soars
Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...
https://knews.kathimerini.com.cy/en/business/cyprus-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse
In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....
https://knews.kathimerini.com.cy/en/news/cyprus-court-strikes-down-law-mandating-countdown-timers-at-traffic-lights
The Supreme Constitutional Court ruled Monday that a 2025 law requiring the installation of countdown timers at traffic lights equipped with photo-enforcement cameras is unconstitutional, citing a violation of fiscal policy provisions and executive authority....
https://knews.kathimerini.com.cy/en/news/ryanair-offers-staff-bonuses-for-spotting-oversized-cabin-bags
Budget airline Ryanair is offering financial incentives to staff who identify passengers carrying oversized hand luggage, as European regulators weigh a possible ban on cabin bag charges....
https://knews.kathimerini.com.cy/en/news/irregular-arrivals-to-cyprus-drop-86-as-migrant-returns-triple-deputy-minister-says
Irregular migrant arrivals to the Republic of Cyprus have plummeted by 86% over the past three years, while returns have nearly tripled, Deputy Minister of Migration and International Protection Nikolas Ioannidis said Friday....
https://knews.kathimerini.com.cy/en/news/ready-to-drive-be-ready-to-wait
Aspiring drivers in Cyprus are facing extensive delays in obtaining their licenses, with waiting times stretching to over a year in some districts, according to the head of the Pancyprian Federation of Driving School Owners (POIEO)....
https://knews.kathimerini.com.cy/en/business/aegean-invests-in-two-new-airbus-a321neo-xlr-aircraft-with-even-greater-range-and-comfort
AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...
https://knews.kathimerini.com.cy/en/business/banks-show-profit-decline-asset-growth-and-capital-strengthening-in-q1-2025
The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-sharp-drop-in-asylum-applications-ranks-8th-in-eu-for-reduction
Cyprus recorded a 42% decline in asylum applications in 2024, receiving 6,750 claims, according to the European Migration Network’s Annual Report on Asylum and Migration....
https://knews.kathimerini.com.cy/en/news/increased-police-patrols-across-cyprus-lead-to-arrests-and-citations
Police ramped up patrols across Cyprus overnight, with coordinated operations reported in all districts, authorities said Saturday....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-rise-3-starting-next-cycle
Electricity bills in Cyprus will increase by 3% beginning with the next billing cycle, Energy Minister Giorgos Papanastasiou confirmed Friday....
https://knews.kathimerini.com.cy/en/news/snakes-slither-into-homes-in-cyprus-rescuer-warns-‘even-the-migrants-would-leave
A rising number of snake sightings across Cyprus is prompting concern, and some dramatic warnings, from a local reptile rescuer who says even the island’s most determined newcomers might reconsider staying....
https://knews.kathimerini.com.cy/en/news/using-hose-for-cleaning-now-a-criminal-offense-under-new-water-saving-law
Washing walls, windows or private boats with a hose is now a criminal offense under an amended water-saving law passed by Parliament on July 10....
https://knews.kathimerini.com.cy/en/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/study-links-common-antibiotic-during-pregnancy-to-increased-birth-defect-risk
A commonly prescribed antibiotic for urinary tract infections (UTIs) in pregnant women may raise the likelihood of serious birth defects, according to new research by American scientists....
https://knews.kathimerini.com.cy/en/news/cyprus-swelters-at-40°c-as-yellow-warning-continues
A seasonal low‑pressure system and a warm air mass are driving the heat....
https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-for-nato-shipments-as-europe-anticipates-potential-conflict-with-russia
As NATO braces for the possibility of a large-scale war with Russia within the next five years, Europe’s largest port is transforming itself into a strategic military logistics hub....
https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-to-host-nato-forces-in-case-of-conflict-with-russia
Europe’s largest port is quietly preparing for a future that may include war....
