https://knews.kathimerini.com.cy/en/comment/opinion/a-lifeline-for-small-businesses-or-another-state-monster
European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/news/ireland-s-eu-presidency-set-to-cost-more-than-three-times-cyprus
Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/turkey-tells-cyprus-you-re-not-invited-—eu-says-that-s-unacceptable
Cyprus has found itself at the center of a diplomatic row ahead of this year's global climate summit, after Turkey failed to invite the island to several COP31-related events, prompting the European Union to step in and voice its support....
https://knews.kathimerini.com.cy/en/news/kontides-claims-silver-in-ireland-ahead-of-world-championships
Cypriot sailing star Pavlos Kontides secured second place at a regatta in Dun Laoghaire, Ireland, where the World Sailing Championships will take place later this summer....
https://knews.kathimerini.com.cy/en/news/state-of-law-or-state-of-the-internet-anastasiades-rejects-corruption-findings-and-calls-for-criminal-probe
Former President Nicos Anastasiades strongly criticized the Independent Authority Against Corruption during a press conference where he responded to the findings of the Mafia State report....
https://knews.kathimerini.com.cy/en/business/fuel-and-lubricant-prices-in-cyprus-rise-20-5-year-on-year-in-may
Fuel and lubricant prices for personal transport in Cyprus were 20.5% higher in May 2026 compared with May 2025, according to figures released by Eurostat. The increase was closely aligned with the European Union average, which stood at 20.7%....
https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average
Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/schengen-membership-but-how
On January 15, 2026, President Nikos Christodoulides said that ''a huge effort is underway, and by the end of 2025 we will have completed everything, with the aim that in 2026 the Republic of Cyprus will join the Schengen Area.''...
https://knews.kathimerini.com.cy/en/news/cyprus-facing-legal-action-over-missing-aviation-fuel-penalty-rules
Cyprus is among 13 European Union countries facing legal action from the European Commission for failing to introduce national penalties required under EU aviation fuel legislation designed to encourage the use of cleaner fuels....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-one-of-europe-s-highest-rates-of-illicit-cigarette-use
Cyprus ranked among the European countries with the highest share of illicit cigarette consumption in 2025, according to findings presented this week at a conference in Brussels focused on illegal trade and security challenges across Europe....
https://knews.kathimerini.com.cy/en/business/ey-announces-the-appointment-of-2-new-partners-in-cyprus
EY Cyprus is pleased to announce the addition of two new Partners to its leadership team, Antonis Josephakis and Simos Simou....
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....
https://knews.kathimerini.com.cy/en/business/flight-delays-cancelled-trips-and-refunds-eu-rules-that-could-change-how-cypriots-travel
There is growing optimism that a breakthrough may finally be within reach in long-running EU negotiations to revise passenger rights in air travel....
https://knews.kathimerini.com.cy/en/news/customs-seize-nearly-€200-000-hidden-in-socks-at-paphos-airport
Customs officers at Paphos Airport confiscated nearly €200,000 in undeclared cash from a passenger arriving from Ireland....
https://knews.kathimerini.com.cy/en/news/search-for-cyprus-missing-persons-continues-at-eight-active-excavation-sites
The Committee on Missing Persons (CMP) has carried out 26 excavations since the start of 2026, leading to the discovery of two more missing persons, according to Turkish Cypriot CMP member Haki Muftuzade....
https://knews.kathimerini.com.cy/en/news/cyprus-defies-europe-s-population-decline-as-ageing-crisis-accelerates-across-eu
Cyprus is expected to become one of the few European Union countries with a larger population by the end of the century, even as Europe as a whole faces long-term decline and rapid ageing. ...
https://knews.kathimerini.com.cy/en/business/eurobank-raises-€700-million-after-investor-demand-surges-nearly-fourfold
Eurobank has raised €700 million through a new bond issue after attracting far stronger investor interest than expected, another sign that international markets remain confident in the bank and the wider Greek banking sector....
https://knews.kathimerini.com.cy/en/news/eu-commission-gives-positive-assessment-of-cyprus-schengen-preparations
The European Commission has given a favourable review of Cyprus’ preparations for joining the Schengen area in its latest “State of Schengen” report, published on Monday. ...
https://knews.kathimerini.com.cy/en/news/bulgaria-claims-first-eurovision-crown-as-cyprus-finishes-19th-overall
Bulgaria celebrated a historic night at the 70th edition of the Eurovision Song Contest 2026 after singer DARA secured the country’s first-ever victory with her song Bangaranga....
https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability
Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....
https://knews.kathimerini.com.cy/en/news/cyprus-households-see-sharp-fall-in-electricity-bills-but-businesses-still-pay-near-the-top-in-europe
Cyprus recorded the largest drop in household electricity prices in the European Union in 2025, offering relief after several years of high energy costs. The improvement, however, tells only part of the story. ...
https://knews.kathimerini.com.cy/en/business/stelios-bi-communal-awards-for-business-co-operation-in-cyprus
For the 16th consecutive year, the Stelios Bi-Communal Awards for Business Co-operation in Cyprus reaffirm their pivotal role in strengthening bi-communal collaboration on the island by creating business opportunities and encouraging shared growth and peaceful coexistence....
https://knews.kathimerini.com.cy/en/news/cyprus-becomes-go-to-retirement-spot-for-brits-and-americans
Cyprus is emerging as one of the world’s most attractive places to retire, as rising living costs in major economies push more people to look abroad for a more affordable life....
https://knews.kathimerini.com.cy/en/news/thousands-already-blocked-as-eu-border-system-enters-first-day-of-full-rollout
A newly implemented European border control system has already led to thousands of travelers being refused entry, with authorities also flagging hundreds of individuals as potential security risks....
https://knews.kathimerini.com.cy/en/news/only-36-of-older-people-in-cyprus-say-their-health-is-good
Data released by Eurostat shows that in 2024, just over a third of people aged 65 and above in Cyprus considered their health to be good or very good, with the overall figure standing at 36.4%....
https://knews.kathimerini.com.cy/en/news/lidl-and-uefa-launch-unique-strategic-partnership
Lidl becomes a UEFA Take Care Nutrition and Grassroots Partner and, through this partnership, creates societal value through the connection of sport and conscious nutrition....
https://knews.kathimerini.com.cy/en/news/shamrocks-showers-and-a-hint-of-dust-your-st-paddy-s-day-forecast
Today, a weak low-pressure system is hanging around the island like that friend who says “I’ll just stay five minutes” and ends up staying all afternoon....
https://knews.kathimerini.com.cy/en/news/cyprus-among-eu-countries-with-fewest-people-living-alone
Cyprus remains one of the most family-oriented societies in Europe, with just 12.6% of people living alone, the third-lowest share in the European Union, according to new household composition data released by Eurostat....
