https://knews.kathimerini.com.cy/en/comment/opinion/tourism-revenue-soars-but-cyprus-still-serves-up-too-much-junk-on-the-plate
According to the latest Traveller Survey, Cyprus brought in €304.2 million in tourism revenue this April, marking a 39.9% increase compared to April 2024, when revenue stood at €217.4 million....
https://knews.kathimerini.com.cy/en/business/cyprus-family-businesses-are-struggling-to-survive-experts-warn
Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....
https://knews.kathimerini.com.cy/en/news/dozens-of-lifeguard-towers-unmanned-in-cyprus-as-beach-safety-concerns-rise
Nearly 30 lifeguard towers across the free areas of Cyprus remain unmanned at the height of the summer season, raising serious safety concerns after three people were nearly drowned this week in Protaras....
https://knews.kathimerini.com.cy/en/business/new-governance-structure-cuts-costs-in-provincial-agencies-officials-say
In response to recent reports about salaries and allowances within the Provincial Self-Government Organizations (EOAs), officials released clarifications Wednesday aimed at providing a fuller picture of the situation....
https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october
Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-upgrades-freedom24-outlook-to-positive-citing-stronger-risk-management
S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....
https://knews.kathimerini.com.cy/en/news/watches-engagement-ring-stolen-from-ayia-napa-beach
Police are urging beachgoers to take precautions against theft as visitor numbers increase at coastal areas during the summer season....
https://knews.kathimerini.com.cy/en/news/forest-department-links-akamas-wildfires-to-acts-of-revenge
The Forest Department has raised serious allegations that many wildfires in the Akamas region may be acts of arson committed in retaliation over state decisions....
https://knews.kathimerini.com.cy/en/news/lawmakers-propose-transparency-for-mobile-traffic-cameras
Lawmakers are calling for greater transparency in the use of mobile traffic cameras following criticism that the current system relies on hidden surveillance rather than public safety....
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-work-from-home-for-public-servants-as-perks-keep-piling-up
Just when complaints over an oversized and well-paid public sector haven’t died down, the government is moving to give civil servants the option to work from home, at least part of the time....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/41°c-highs-prompt-yellow-weather-warning
A yellow weather warning is in place today as temperatures climb to a blistering 41°C inland....
https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/news/trump-raises-eyebrows-by-sharing-nato-chief-s-praise-for-iran-strikes
Former U.S. President Donald Trump ignited fresh controversy Tuesday by publicly posting what appeared to be private messages from NATO Secretary-General Mark Rutte, praising him for his military strikes on Iran and tough stance on defense spending....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/news/alarming-gaps-leave-children-vulnerable-to-abuse-in-sports
Recent reports have once again brought to light cases of sexual abuse and exploitation of children in sports, along with a lack of coordination among the responsible authorities....
https://knews.kathimerini.com.cy/en/news/cyprus-e-kalathi-falls-flat-says-consumer-group
It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....
https://knews.kathimerini.com.cy/en/news/un-violence-against-children-in-war-hits-‘unprecedented-levels-in-2024
Violence against children in armed conflicts surged to record highs in 2024, with the Palestinian territories topping the list, according to a United Nations report released Thursday....
https://knews.kathimerini.com.cy/en/news/huge-viper-climbs-to-top-shelf-in-cyprus-warehouse
A venomous viper caused alarm after it was found inside a warehouse in Fasoula, having climbed to the highest shelf in the building, according to a local snake rescue expert....
https://knews.kathimerini.com.cy/en/news/larnaca-on-the-rise-as-new-homes-fuel-real-estate-boom
Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/trump-to-decide-on-iran-strikes-within-two-weeks-as-conflict-escalates
President Donald Trump is expected to decide on potential military strikes against Iran within two weeks, the White House said Wednesday, amid ongoing regional tensions....
https://knews.kathimerini.com.cy/en/business/two-fuel-importers-raise-prices-in-cyprus-with-others-expected-to-follow-suit-within-days
Fuel prices in Cyprus began rising Wednesday, marking the first increases since the recent escalation of tensions between Iran and Israel, the head of the Cyprus Fuel Station Owners’ Association said....
https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal
Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....
https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says
Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....
https://knews.kathimerini.com.cy/en/news/denmark-deploys-robotic-sailboats-for-baltic-and-north-sea-surveillance
Denmark’s military has launched a trial using four uncrewed robotic sailboats, called “Voyagers,” to boost surveillance in the Baltic and North Seas amid rising maritime tensions. ...
https://knews.kathimerini.com.cy/en/news/cyprus-lawmakers-end-auctions-for-turkish-cypriot-homes
The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
