https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/even-in-cyprus-s-dead-zone-life-finds-a-way-to-be-cultivated
In Evrychou, located inside the Dead Zone, has remained untouched by pesticides, fertilizers, or modern agricultural intervention....
https://knews.kathimerini.com.cy/en/news/before-cyprus-had-modern-architecture-it-had-neoptolemos-michaelides
''Likewise arriving from Milan, Italy, was the promising architecture student Mr. Neoptolemos Michaelides,'' the newspaper Anexartitos reported on June 4, 1940, in the formal style of the era....
https://knews.kathimerini.com.cy/en/news/first-us-lng-shipment-for-bulgaria-lands-in-greece-boosting-regional-energy-security
A first-ever shipment of American liquefied natural gas bound for Bulgaria has arrived in northeastern Greece, marking a milestone for energy supply in southeast Europe and underscoring Greece’s growing role as a regional energy hub....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories
The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....
https://knews.kathimerini.com.cy/en/news/1-cyprus-builders-say-they-re-desperate-for-workers-and-want-asylum-seekers-on-site
Cyprus may be building nonstop, but the people needed to actually do the building are running out....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/worker-shortages-fuel-calls-to-employ-asylum-seekers-in-the-construction-sector
Cyprus’s construction industry is facing a serious labor shortage, leading industry representatives to call for new policies to expand the workforce, including the temporary employment of asylum seekers....
https://knews.kathimerini.com.cy/en/comment/opinion/the-rise-of-dumbphones-signals-a-digital-breaking-point
They are sarcastically called ''dumbphones'', and lately they’ve been gaining popularity among digitally exhausted people who want less wasted time, fewer distractions, and more life away from screens. ...
https://knews.kathimerini.com.cy/en/news/if-you-can-t-stop-the-lionfish-eat-it
On the waters off Larnaca, where fishermen once pulled up nets heavy with red mullet and sea bream, the catch has shifted in troubling ways....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/news/wizz-air-takes-you-to-europe-s-most-affordable-ski-destination-from-larnaca
With Christmas just around the corner, Wizz Air, Europe’s most sustainable and affordable airline, invites travellers to experience the magic of winter with easy access to some of Europe’s most budget-friendly and picturesque ski destinations....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/news/paris-tokyo-and-belgrade-scrap-major-celebrations-as-global-security-fears-loom-video
As cities around the world reconsider how, or whether, to stage large New Year’s Eve celebrations, the decisions are being shaped as much by memory as by immediate threat. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/big-insurance-shake-up-coming-to-cyprus
Alpha Bank is moving to shake up Cyprus’ insurance sector, announcing a major deal that will merge two well-known insurers into what is expected to become one of the country’s biggest insurance groups....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-12-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/november-tourism-jumps-30-giving-cyprus-a-late-season-win
Cyprus got a welcome tourism lift in November, with arrivals jumping by more than 30% compared with the same month last year, according to new data from the Statistical Service....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates
Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...
https://knews.kathimerini.com.cy/en/business/a-new-player-in-cyprus-electricity-market
The Association of Electricity Supplier Representatives (SEPIE) officially launched today, stepping onto Cyprus’ energy stage at a pivotal moment as the island moves toward a modern, competitive electricity market....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-as-roma-partnership
Nicosia, 15 December 2025 - Wizz Air, one of Europe’s leading low-cost airlines and a top carrier in Italy’s aviation landscape, is proud to unveil a major new partnership with Serie A club AS Roma....
https://knews.kathimerini.com.cy/en/comment/opinion/conferences-of-the-willing-or-the-desperate
Donald Trump, whether we like it or not, isn’t entirely wrong. European leaders are often timid, indecisive, and lacking backbone. Many come straight out of the same “recipe book,” trained to be conventional, proper, and careful. ...
https://knews.kathimerini.com.cy/en/life/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus
If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....
