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/water-breakthrough-in-paphos-as-lifeline-found-underground
As Cyprus continues to grapple with a prolonged drought and soaring summer demand, a rare bit of good news has surfaced, literally....
https://knews.kathimerini.com.cy/en/news/aphrodite-s-theater-and-dance-performance-yasemin-collective
The group Yasemin Collective will open the doors of Faneromeni25 Arts Festival on Thursday 26 June with the theatre and dance performance "Aphrodite(s)"....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
https://knews.kathimerini.com.cy/en/news/desalination-units-in-limassol-delayed-until-late-july
Mobile desalination units donated by the United Arab Emirates and destined to serve Limassol are now expected to begin operating around July 22, roughly three weeks later than initially planned, officials said Tuesday....
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
https://knews.kathimerini.com.cy/en/news/cash-back-coming-as-2013-crisis-victims-set-for-payouts-in-2025
A long-awaited boost is on the way for individuals hit hardest by Cyprus’ 2013 banking crisis. On June 6, the National Solidarity Fund (NSF) Committee finalized the structure of the 2025 Loss Compensation Plan, set to roll out later this summer....
https://knews.kathimerini.com.cy/en/comment/opinion/they-hung-annita-out-to-dry
What can one say about highways, marinas, ports, and other major projects that either never finish or, when they do, cost multiples and are riddled with unbelievable delays that are never properly accounted for?...
https://knews.kathimerini.com.cy/en/news/not-even-a-water-pistol-minister-sounds-alarm-as-drought-threatens-kataklysmos-fun
As Cyprus heads into the long Kataklysmos weekend, a time usually marked by beach outings, fairs, and plenty of playful splashing, Agriculture Minister Maria Panagiotou has a firm message: it’s time to put an end to water fights....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/paralimni-deryneia-earns-most-blue-flags-in-cyprus-as-island-celebrates-record-year-for-beach-quality
The Municipality of Paralimni-Deryneia has been recognized as the national leader in coastal excellence, receiving 18 of Cyprus’s 66 Blue Flag awards at the 2025 national ceremony held Wednesday at Fig Tree Bay, Protaras....
https://knews.kathimerini.com.cy/en/news/they-swore-at-me-cypriot-mep-says-colleague-s-furious-over-his-salary-reveal
“F* you! Did you reveal it?” That’s what Cypriot MEP Fidias Panayiotou says some of his colleagues shouted at him, furious that he posted a video exposing the true extent of what Members of the European Parliament earn....
https://knews.kathimerini.com.cy/en/news/desalination-units-from-uae-arrive-but-will-they-work-here
The mobile desalination units donated by the United Arab Emirates (UAE) have arrived in Cyprus within the expected timeframe, marking a key step in the government’s plan to address water shortages ahead of summer. ...
https://knews.kathimerini.com.cy/en/news/desalination-lifeline-arrives-from-uae-as-island-braces-for-summer-drought
Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....
https://knews.kathimerini.com.cy/en/life/virtual-reconstruction-reveals-parthenon-s-interior-was-dark-and-awe-inspiring
A new 3D reconstruction of the Parthenon shows that the ancient Athenian temple’s interior was much darker than previously thought, designed to inspire awe and reverence....
https://knews.kathimerini.com.cy/en/news/fake-travel-agent-busted-in-€160k-euroleague-ticket-scam
A 38-year-old woman is behind bars after allegedly swindling more than €160,000 from at least 50 people in a bogus ticket and travel scheme tied to the EuroLeague Final Four basketball tournament in Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/they-re-happy-in-russia-cypriot-mep-sparks-fury-over-shocking-ukraine-comment
In a statement that's shocked many across Europe, Cypriot MEP Fidias Panayiotou claimed that Ukrainian children taken by Russian forces during the war were ''happy'' and ''wanted to go to Russia'' -- a comment that has triggered widespread condemnation and gone viral online....
https://knews.kathimerini.com.cy/en/news/have-you-ever-been-to-ukraine-mep-fidias-panayiotou-under-fire-for-controversial-stance
Cypriot MEP Fidias Panayiotou is under growing scrutiny for his controversial statements and actions related to Russia’s invasion of Ukraine, with critics accusing him of echoing pro-Russian narratives and dodging serious questions....
https://knews.kathimerini.com.cy/en/news/desalination-units-targeted-for-may-arrival-and-operation-by-june
The Agriculture Ministry is racing against time to balance water supply during the peak demand of the summer months....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-eurobank-cyprus-to-merge-under-one-name-eurobank
The new bank that will emerge from the much-anticipated merger between Hellenic Bank and Eurobank Cyprus will operate under a single name: Eurobank....
https://knews.kathimerini.com.cy/en/life/kyrenia-s-historic-church-brought-back-to-life
A centuries-old church in Kyrenia, once the spiritual heart of the region, has been brought back to life after an extensive restoration project....
https://knews.kathimerini.com.cy/en/business/america-wants-greece-s-ports-and-china-out
A quiet tug-of-war is playing out in Greece, one that could reshape global trade routes and shift the balance of power in the Mediterranean....
https://knews.kathimerini.com.cy/en/comment/opinion/yes-but-diplomacy-the-hypocrisy-at-the-heart-of-our-moral-collapse
Alongside relentless economic precarity, the erosion and impoverishment of the middle class, environmental and public health crises, and of course the grotesque wars that have returned to Europe and the Middle East with a shocking savagery after decades, the 21st century seems to have ushered in a spiritual backslide, a collapse into the cheap and the populist....
https://knews.kathimerini.com.cy/en/news/university-of-limassol-inaugurates-department-of-psychology-marking-a-milestone-in-academic-excellence
The University of Limassol (UoL) proudly announced the official inauguration of its Department of Psychology during a distinguished ceremony held at the Elias Beach Hotel in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-borrowers-are-back-as-loan-demand-soars-in-2025
Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....
https://knews.kathimerini.com.cy/en/news/cypriot-mep-fidias-panayiotou-faces-backlash-over-moscow-visit
Phidias Panagiotou, a Cypriot Member of the European Parliament (MEP), is facing potential consequences for his trip to Moscow to celebrate Russia’s Victory Day, alongside a small group of European lawmakers, during the ongoing Russian invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/ucy-student-dorms-at-berengaria-site-moving-full-speed-ahead
Construction is in full swing on the University of Cyprus’ new student dorms in Kato Polemidia, Limassol, right where the old British ''Berengaria'' settlement used to be....
https://knews.kathimerini.com.cy/en/news/cypriot-mep-fidias-panayiotou-joins-controversial-moscow-visit-on-victory-day
Cypriot Member of the European Parliament Fidias Panayiotou traveled to Moscow on Friday, joining German and Slovak lawmakers in a politically sensitive visit coinciding with Russia’s Victory Day....
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
