https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
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/bbc-deloitte-cyprus-helped-falsify-records-to-hide-abramovich-s-wealth
Deloitte Cyprus helped falsify documents to conceal Roman Abramovich’s wealth and appears to have advised on a scheme that allowed one of his companies to evade millions in Cypriot taxes, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism....
https://knews.kathimerini.com.cy/en/news/we-can-t-even-build-a-footpath-let-alone-a-paphos–polis-chrysochous-highway
In May 2021, then-Transport Minister Yiannis Karousos described the signing of contracts for the first phase of the Paphos–Polis Chrysochous road as a historic day. ...
https://knews.kathimerini.com.cy/en/news/two-byzantine-icons-stolen-after-1974-returned-to-cyprus
Two Byzantine icons dating to the 14th century have been returned to Cyprus after being stolen from church property following the 1974 Turkish invasion, the Holy Metropolis of Morphou has announced....
https://knews.kathimerini.com.cy/en/news/cyprus-and-cambodia-look-to-build-closer-ties
Cyprus and Cambodia are looking to give their relationship fresh momentum, with the island’s new ambassador, Koula Sofianou, highlighting opportunities to work together on everything from education and investment to protecting cultural heritage....
https://knews.kathimerini.com.cy/en/news/us-to-livestream-execution-of-soldier-who-killed-13-at-texas-army-base
The US Department of Defense plans to livestream the execution of former Army psychiatrist Nidal Hasan, who killed 13 people in a shooting at Fort Hood, Texas, in 2009, Defense Secretary Pete Hegseth has announced....
https://knews.kathimerini.com.cy/en/comment/opinion/the-european-‘bogeyman-that-got-cyprus-moving
Cyprus is on track to absorb 97.3% of its EU Recovery and Resilience Facility funding, showing how the threat of lost money helped push long-delayed reforms forward....
https://knews.kathimerini.com.cy/en/news/former-german-intelligence-chief-held-in-espionage-investigation
August Hanning, who led Germany’s foreign intelligence service from 1998 to 2005, is accused of obtaining thousands of confidential documents through a former employee....
https://knews.kathimerini.com.cy/en/news/six-intruders-threaten-couple-with-knives-in-limassol-home-robbery
Six intruders entered a couple’s home in Limassol early Thursday, threatened them with knives and stole cash and jewelry worth an estimated €205,000, according to preliminary information being investigated by police....
https://knews.kathimerini.com.cy/en/news/€200m-water-and-irrigation-projects-planned-through-2030
More funding is being directed towards Cyprus’ water and irrigation infrastructure as prolonged drought continues to put pressure on agricultural production....
https://knews.kathimerini.com.cy/en/business/chess-is-set-to-receive-30-million-euros-over-four-years-this-is-the-plan-of-the-new-fide-president-timur-turlov
On 26 September, at the Congress of the International Chess Federation (FIDE) in Samarkand, a new president was elected. The post was taken by 38-year-old Timur Turlov, founder and CEO of Freedom Holding. Over the next four years, he is prepared to invest around €30 million in the development of chess. This money will go towards creating a global ecosystem that will cater to both grandmasters and the millions of enthusiasts of this ancient game. What changes lie ahead for the world of chess?
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https://knews.kathimerini.com.cy/en/news/six-major-eu-countries-face-a-€4-8-trillion-debt-‘bomb
Borrowing money was once so cheap that some European governments paid no interest at all. Now those debts are coming due, and replacing them will cost considerably more....
https://knews.kathimerini.com.cy/en/business/another-company-heads-for-the-exit-centalion-moves-headquarters-out-of-cyprus
BrainRocket led the way, and Centalion Group is set to follow. The company announced on Oct. 2 that it had decided to move its headquarters out of Cyprus and relocate to Singapore....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf
Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....
https://knews.kathimerini.com.cy/en/news/our-banks-are-worth-much-more-could-big-investors-come-knocking
Bank of Cyprus ranks among the world’s leading banks, according to Forbes magazine’s first annual ''World’s Top Performing Banks 2026'' ranking, compiled in partnership with market research company Statista....
https://knews.kathimerini.com.cy/en/news/that-€200-000-home-could-now-cost-you-€15-800-more
You save a little more each month, cut back where you can, and watch your house deposit grow. Then you look at property prices again, and the target has moved....
https://knews.kathimerini.com.cy/en/business/cabinet-approves-seven-measures-to-ease-cost-of-living-pressures
On Wednesday, the Cabinet approved seven proposals by the Finance Minister aimed at easing cost-of-living pressures, with the new measures carrying a total cost of €70 million....
https://knews.kathimerini.com.cy/en/business/€1m-paid-to-650-farmers-with-new-€1-5m-support-opening-in-november
The state has paid out €1 million in financial support to 650 professional farmers and agricultural businesses, with another €1.5 million in emergency assistance set to become available through two new schemes in November....
https://knews.kathimerini.com.cy/en/news/twenty-one-years-later-thanasis-family-finally-reaches-trial
Exactly 21 years after Thanasis Nikolaou was found dead beneath the Alassa bridge, his family returned to court Tuesday—still fighting for answers, but now one step closer to seeing the case fully heard....
https://knews.kathimerini.com.cy/en/comment/opinion/let-them-eat-sponge-cake
Marie Antoinette, Queen of France, urged the poor of France to eat cake because they had no bread. And every now and then, some of the Government’s housing schemes make me quietly whisper “cake” to myself and smile....
https://knews.kathimerini.com.cy/en/life/weekend-warrior-beonix-beats-ayia-napa-nights-and-ballet-under-the-stars
The weekend has arrived, and Cyprus is offering a rather convincing argument for leaving the sofa behind. There is something for every kind of weekend warrior....
https://knews.kathimerini.com.cy/en/news/cyprus-to-review-12-000-golden-visas-and-tighten-scheme-before-schengen-entry
Cyprus plans to tighten its “golden visa” programme before joining the Schengen Area, Deputy Minister of Migration Nicholas Ioannides told MPs on Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-returns-to-an-a-rating-but-what-happens-next-matters-more
After 15 years, the Republic of Cyprus has once again secured an A rating from S&P. This achievement closes a major chapter and gives us reason to look back at the recent history of our economy....
https://knews.kathimerini.com.cy/en/news/hate-loud-passengers-and-feet-on-bus-seats-around-the-world-bad-manners-can-cost-you
For some people, the worst part of taking the bus is not waiting at the stop or sitting in traffic. It is the passenger who treats the entire bus like their private living room....
https://knews.kathimerini.com.cy/en/comment/opinion/prestige-now-and-foreverr
The similarities in the way Mrs. Vassiliou has spoken about “prestige” suggest that her political education has, sadly, remained unchanged over the years. If nothing else, her political shortcomings appear to have become a defining feature that has stood the test of time....
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/5-176-turkish-cypriots-granted-republic-of-cyprus-citizenship-since-2004
A total of 5,176 Turkish Cypriots have been granted Republic of Cyprus citizenship since 2004, according to figures provided by the Ministry of Interior to the Cyprus News Agency (CNA)....
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/never-smoked-a-rare-gene-may-explain-why-lung-cancer-still-strikes
Smoking remains the biggest known cause of lung cancer, but it does not explain every diagnosis. As many as one in five people who develop the disease have never smoked, a medical puzzle that researchers may now be closer to understanding....