https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up
The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....
https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/nicosia-metropolitan-park-plans-remain-stuck-in-procedural-delays
Plans to convert the State Fairgrounds into the Nicosia Metropolitan Park and potentially redevelop the SOPAZ area with multiple uses, including innovation zones, residential developments, educational facilities and other complementary functions, appear to have become stuck in procedural matters. ...
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/news/michalis-persianis-returns-to-kathimerini-cyprus-in-new-publishing-role
Michalis Persianis is returning to where an important part of his journalism career began, joining Kathimerini Cyprus as Publishing Consultant at a time when the way people find, read and trust news is changing rapidly....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/news/government-plans-crackdown-on-public-sector-sick-leave-abuse
The government is preparing changes to the rules on sick leave across the public sector, saying the goal is to tackle abuse while protecting the system for employees who genuinely need time off because of illness....
https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus
Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....
https://knews.kathimerini.com.cy/en/news/eu-appoints-top-official-raffaele-fitto-as-cyprus-envoy-in-push-to-restart-talks
The European Union is stepping up its involvement in the Cyprus problem, with Brussels appointing one of its most senior officials, Raffaele Fitto, as its new Special Representative for the Cyprus issue....
https://knews.kathimerini.com.cy/en/news/cyprus-registers-steep-drop-in-irregular-migrant-arrivals
he Republic of Cyprus has recorded an 86% drop in irregular migrant arrivals over the last three years, according to data shared by Nicholas A. Ioannides, the Deputy Minister of Migration and International Protection....
https://knews.kathimerini.com.cy/en/news/prison-officers-warn-cyprus-jail-system-is-nearing-collapse-in-plea-to-president
Prison officers have appealed directly to President Nikos Christodoulides, warning that Cyprus' prison system is nearing breaking point and claiming staff safety is being placed at unacceptable risk because of overcrowding and severe staff shortages....
https://knews.kathimerini.com.cy/en/news/permanent-military-positions-for-contract-soldiers-increase-by-60
The Ministry of Defence will grant permanent status to 400 contract professional soldiers (SYOP), expanding the intake from an originally planned 250 positions....
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/cyprus-finishes-eu-presidency-with-major-deals-on-health-travel-rights-and-migration
Cyprus officially concludes its six-month presidency of the Council of the European Union on June 30, with the government expressing clear satisfaction over what it describes as a successful term....
https://knews.kathimerini.com.cy/en/news/usa-catholic-church-agrees-to-$395m-payout-over-500-abuse-lawsuits
The Catholic Archdiocese of San Francisco is set to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, according to attorneys representing the survivors....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-controlled-recruitment-of-nurses-from-third-countries-to-plug-600-staff-gap
Cyprus is considering the controlled recruitment of nurses from third countries as part of efforts to tackle a persistent staffing crisis in the country’s health system, where officials say there is currently a shortage of around 600 nurses....
https://knews.kathimerini.com.cy/en/news/nearly-8-800-cancer-patients-and-families-received-pasykaf-support-in-2025
Nearly 8,800 cancer patients and their families received support from PASYKAF in 2025, with the organization delivering more than 52,000 services and consultations across Cyprus during the year....
https://knews.kathimerini.com.cy/en/comment/opinion/the-report-is-only-the-beginning
The publication of the Independent Authority Against Corruption's findings has put Cyprus at a critical moment. The report's release was met less with shock than with a sense of quiet reflection, which may say more about its credibility than any public reaction could. ...
https://knews.kathimerini.com.cy/en/news/ecb-warns-cyprus-foreclosure-changes-could-backfire-on-economy-and-borrowers
On May 18, 2026, the European Central Bank (ECB) received a request from Cyprus’ Finance Ministry to provide an opinion on legislation passed by Parliament that amends the country’s foreclosure framework. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/business/home-insurance-in-europe-is-changing-and-cyprus-is-next
For many years, mortgage-related insurance in Cyprus was treated as a fixed part of the home loan process. That approach is gradually giving way to a different model across Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-presidency-secures-opening-of-first-eu-accession-chapters-for-ukraine
Ukraine has reached a significant stage in its bid to join the European Union after the opening of the first cluster of accession negotiation chapters during the 2nd EU-Ukraine Intergovernmental Conference in Luxembourg....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
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/comment/opinion/veto-or-not
Events are unfolding quickly. Germany is stepping up its push for major institutional reforms within the European Union, with the primary goal of curbing the veto power of member states in critical foreign policy decisions. Cyprus needs to follow developments carefully, make full use of every diplomatic tool available within the European arena, and keep four facts in mind....
https://knews.kathimerini.com.cy/en/news/new-parliament-same-big-question-who-really-decides-cyprus-economic-future
Fears of a fragmented Parliament that would struggle to get things done did not materialize, with six parties now set to shape Cyprus’ political and legislative agenda over the next five years....
https://knews.kathimerini.com.cy/en/news/eu-proposes-€9-2-million-in-wildfire-recovery-aid-for-cyprus
The European Commission has put forward a proposal to grant Cyprus €9.2 million through the EU Solidarity Fund to support recovery efforts after the destructive wildfires that swept through parts of Limassol and Paphos in July 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-heads-to-the-polls-as-frustration-with-politics-grows
Cypriots head to the polls on Sunday in parliamentary elections that could shake up the country’s political scene, with many voters angry over corruption scandals, high electricity bills, and the rising cost of living....
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. ...
