https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
...
https://knews.kathimerini.com.cy/en/life/marathasa-wines-brings-mountain-winemaking-heritage-back-to-life
Discover the winemaking heritage of Cyprus at Marathasa Wines, where traditional vineyard practices meet contemporary wine tasting in a beautiful mountain setting. Part of the WIZ Guide, the family-run winery offers local wines, sharing platters and a relaxing countryside experience....
https://knews.kathimerini.com.cy/en/business/limassol-ai-avatar-company-seeks-investors-to-expand-abroad
The next time you ask a question at a touchscreen kiosk, the answer could come from a digital character that speaks back—powered by technology from a Limassol company....
https://knews.kathimerini.com.cy/en/business/innovation-minister-heads-to-silicon-valley-seeking-investors-for-local-startups
A good idea can start in Cyprus. Finding the money, customers, and contacts to turn it into a thriving business often means looking beyond the island....
https://knews.kathimerini.com.cy/en/news/government-seeks-to-change-halloumi-s-51-sheep-and-goat-milk-rule
The halloumi in your fridge is at the center of a growing dispute over how Cyprus can protect its signature cheese—and the livelihoods that depend on it....
https://knews.kathimerini.com.cy/en/news/nursing-unions-push-back-against-plans-to-recruit-foreign-nurses
Cyprus’s main nursing unions have called for proposed changes to the rules governing the recruitment of nurses from third countries to be halted, arguing that staffing shortages should be addressed through better employment conditions and recruitment of local professionals....
https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/news/too-busy-to-shop-let-ai-find-the-deals-for-you
You need a new pair of trainers. You want them in your size, under €100, and delivered to Cyprus without a shipping fee that costs almost as much as the shoes....
https://knews.kathimerini.com.cy/en/business/cyprus-defense-tech-industry-grows-but-can-it-turn-innovation-into-business
The number of defense technology companies in Cyprus is growing, creating a diverse ecosystem capable of developing new solutions as well as bringing existing technologies to market.
...
https://knews.kathimerini.com.cy/en/business/cyprus-ship-registry-grows-27-as-island-courts-japanese-shipping
A ship does not have to sail into Limassol to have a connection to Cyprus. By registering under the Cyprus flag, shipowners choose the island as their vessel’s legal home, bringing business to a maritime sector that extends well beyond the waterfront....
https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal
Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....
https://knews.kathimerini.com.cy/en/business/the-road-to-completing-the-vasilikos-projects-is-fraught-with-obstacles
Cyprus’s long-delayed Vasilikos LNG terminal could become operational by 2030, but finding a reliable contractor and resolving technical, financial and legal challenges remain key hurdles. Eight companies have expressed interest in completing the project, which stalled after the collapse of the contract with Chinese consortium CPP-METRON....
https://knews.kathimerini.com.cy/en/business/cyprus-s-import-bill-races-ahead-as-trade-gap-widens-by-€820-million
From the fuel in our cars to the goods arriving on shop shelves, Cyprus buys far more from abroad than it sells overseas. That gap has grown by almost €820 million in a year....
https://knews.kathimerini.com.cy/en/business/what-s-shaping-cyprus-business-this-week
Key gatherings across Cyprus this week bring together leaders in artificial intelligence, corporate governance, and sustainable finance. Here is your quick look at the top conferences, networking events, and local industry milestones on the agenda....
https://knews.kathimerini.com.cy/en/news/932-requests-approved-for-ghs-treatment-abroad-in-first-year
When the treatment a patient needs cannot be provided in Cyprus in time, getting help abroad can become a race against the clock....
https://knews.kathimerini.com.cy/en/news/at-the-acropolis-rubio-tells-the-west-to-stop-apologizing-and-rebuild-its-power
Standing at the Acropolis in Athens, U.S. Secretary of State Marco Rubio delivered a message aimed well beyond Greece: The West must regain its confidence, rebuild its strength, and stop feeling ashamed of its own history....
https://knews.kathimerini.com.cy/en/business/could-we-soon-pay-without-visa-or-mastercard-europe-is-building-another-option
You pay for a coffee, buy something online or send money to a friend abroad. It takes seconds. But behind that everyday transaction lies a bigger question: who controls the systems that keep money moving?...
https://knews.kathimerini.com.cy/en/news/foreign-spouses-could-face-shorter-path-to-cypriot-citizenship
Foreign spouses of Cypriot citizens could become eligible for citizenship after spending as little as six months in Cyprus under proposed changes intended to make the system more flexible for mixed-nationality families....
https://knews.kathimerini.com.cy/en/news/buying-a-home-in-cyprus-just-became-8-5-more-expensive
Buying a home in Cyprus became considerably more expensive over the past year, with residential property prices rising 8.5% in the second quarter of 2026....
https://knews.kathimerini.com.cy/en/business/israeli-investment-and-migration-reshape-cyprus-property-market
The Republic of Cyprus is seeing a growing Israeli presence as more Israelis buy homes, establish businesses and invest in large-scale developments, with some choosing to make the island their permanent home....
https://knews.kathimerini.com.cy/en/news/cyprus-has-world-s-largest-marrow-donor-registry-per-capita
Cyprus has the world’s largest bone marrow donor registry in proportion to its population, according to the Karaiskakio Foundation, with more than 205,400 Greek Cypriot and Turkish Cypriot volunteers currently registered....
https://knews.kathimerini.com.cy/en/news/from-promotion-to-action-cyprus-new-strategy-for-its-international-image
Swedish communications consultancy Kreab has presented the strategy it is using to help repair Cyprus’ reputation internationally following a tender awarded in late December 2024....
https://knews.kathimerini.com.cy/en/news/nursing-students-abroad-could-receive-grants-of-up-to-€5-750
Cypriot students studying nursing or midwifery abroad could soon qualify for the same state grants offered to those attending recognized institutions in Cyprus....
https://knews.kathimerini.com.cy/en/news/889-out-of-1-234-patients-approved-for-treatment-abroad-in-one-year
A total of 1,234 requests to send patients abroad for medical treatment were received by the Health Insurance Organisation over the past year, according to information presented to the House Health Committee....
https://knews.kathimerini.com.cy/en/news/limassol-company-loses-€105-000-after-fraudsters-hijack-supplier-email
A Limassol company has been left €105,000 out of pocket after fraudsters impersonated one of its overseas suppliers and redirected a payment into a bank account controlled by the scammers....
https://knews.kathimerini.com.cy/en/news/cyprus-has-plans-for-you-this-week
September in Cyprus may still feel like summer, but the cultural calendar has clearly moved on. If you are ready for an evening that involves more than another coffee or the usual dinner reservation, this week brings exhibitions, dance, theatre, music and a new publication exploring the island itself, with plenty happening in both Nicosia and Limassol....
https://knews.kathimerini.com.cy/en/news/cyprus-patient-misses-transplant-after-no-flight-could-be-found
A 38-year-old patient lost the chance to receive a transplant because Cyprus could not secure a plane to take him to Athens in time....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hit-the-road-in-search-of-big-investors
The holidays are over, autumn is approaching, and the banks are getting back to business, focused on meeting the targets they have set. ...
https://knews.kathimerini.com.cy/en/business/1-cyprus-records-eu-s-steepest-fall-in-tourist-stays
Cyprus recorded the biggest fall in tourist overnight stays anywhere in the European Union during the first half of 2026, even as tourism across the bloc continued to grow....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-now-behind-two-in-five-cyprus-property-deals
Foreign buyers signed more than 41% of all property sale contracts in Cyprus during the first seven months of 2026, meaning two out of every five deals now carry a foreign name....
