https://knews.kathimerini.com.cy/en/news/ship-full-of-electric-cars-sinks-in-pacific-now-the-ocean-could-pay-the-price
A cargo ship carrying over 3,000 vehicles, including hundreds of electric and hybrid cars, has sunk deep in the North Pacific, sparking serious concerns about battery contamination and a potential marine pollution disaster....
https://knews.kathimerini.com.cy/en/comment/opinion/of-patriots-politicians-and-souvlakia-cyprus-in-all-its-glory
The ''Never-Surrender'' Tornaritis is aiming for double digits with his new movement, ''Rise Up.'' And he’s absolutely convinced it’s going to stir the waters. Sound crazy? Not to me....
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/israeli-ambassador-calls-on-public-figures-to-clearly-condemn-hate-speech-in-cyprus
Israel’s ambassador to Cyprus issued a strong statement on Wednesday, voicing concern over what he described as a rise in anti-Semitic rhetoric in public discourse on the island in recent days....
https://knews.kathimerini.com.cy/en/news/toxic-fungus-tied-to-‘pharaoh-s-curse-yields-promising-leukemia-drug
A fungus once feared as the source of the so-called “Pharaoh’s Curse” has been transformed into a potential treatment for leukemia, according to researchers at the University of Pennsylvania....
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/clear-skies-and-hot-lies-summer-s-in-full-sass-mode
Today’s weather is playing it cool, or rather, hot, with mostly clear skies and not much drama overhead. ...
https://knews.kathimerini.com.cy/en/news/larnaca-s-skyline-set-to-rise-with-new-twin-towers-project
Larnaca is about to get a major facelift as plans move forward for a new luxury residential project featuring two soaring 20-storey buildings....
https://knews.kathimerini.com.cy/en/news/cyprus-watching-closely-as-u-s-strikes-iran-s-nuclear-sites
The Cypriot government is closely monitoring developments after the United States launched air strikes on three nuclear sites in Iran, in what President Donald Trump called “the most difficult and perhaps the most lethal” operation yet....
https://knews.kathimerini.com.cy/en/news/cyprus-vows-to-stand-by-refugees-in-today-s-global-reality
Despite increasing strain on national infrastructure, Cyprus remains committed to protecting people fleeing war, violence and persecution, the Deputy Ministry of Migration and International Protection said Thursday in a statement marking World Refugee Day....
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/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
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/business/prostate-cancer-on-the-rise-among-men-in-cyprus
Prostate cancer is on the rise in Cyprus, with nearly 10,000 men diagnosed over the past two decades, according to figures released by the Cyprus Cancer Archive....
https://knews.kathimerini.com.cy/en/news/cypriots-brace-for-impact-as-fuel-prices-set-to-jump-after-mideast-strikes
Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/news/15-year-old-arrested-in-knife-point-robbery-at-limassol-bakery
Police have arrested a 15-year-old boy in connection with a knife-point robbery at a bakery in Limassol in the early hours of June 8....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
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/cypriots-cruise-into-summer-despite-rising-costs
Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....
https://knews.kathimerini.com.cy/en/news/mercury-hits-35°c-and-it-s-only-getting-hotter
A warm air mass is settling over the region, sending temperatures soaring and the heat isn’t done with us yet....
https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending
Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
https://knews.kathimerini.com.cy/en/news/phedon-phedonos-sounds-the-alarm-drugs-in-schools-fake-degrees-on-the-rise
In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...
https://knews.kathimerini.com.cy/en/news/not-quite-summer-but-it-s-getting-there
While writing this forecast, I was lucky enough to catch a stunning view. Yup, that headline photo? That was my morning, and it was a nice reminder of how beautiful nature can be when you stop for a second and take it in....
https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs
From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...
