https://knews.kathimerini.com.cy/en/news/nearly-4-in-5-euros-in-foreign-investment-traced-to-investors-outside-the-eu
Follow the money past the company that sent it, and a clearer picture emerges of who invests in Cyprus. At the end of 2025, investors based outside the European Union ultimately accounted for 79.4% of the foreign direct investment held in the country,...
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-pay-more-to-keep-the-lights-on
Businesses in Cyprus paid about 28% more for electricity than the EU average in the first half of 2026, according to Eurostat figures released Wednesday....
https://knews.kathimerini.com.cy/en/news/after-supermarket-freezer-hacks-france-s-blood-storage-systems-are-targeted
First it was supermarket freezers. Now, cooling equipment used by France’s national blood service has reportedly been targeted in a cyberattack, as retailers across Europe deal with the fallout from hackers tampering with their fridges and freezers. No link between the incidents has been confirmed. ...
https://knews.kathimerini.com.cy/en/news/greek-butcher-shop-hit-in-refrigeration-cyberattacks-should-cypriot-retailers-be-worried
A butcher’s shop in the Athens suburb of Kifisia has been targeted in a cyberattack on its refrigeration equipment, Greek media reported on Tuesday, adding a local dimension to a series of incidents that have disrupted supermarket cooling systems across Europe....
https://knews.kathimerini.com.cy/en/news/second-suspected-cyberattack-hits-supermarket-fridges-across-europe
The next major cyberattack may reach shoppers through the chilled-food aisle. Supermarkets in Sweden, Belgium and Luxembourg have reported refrigerators and freezers warming overnight, raising fears of a second widespread attack on the systems that keep food safe, according to the Guardian....
https://knews.kathimerini.com.cy/en/news/european-prosecutors-freeze-greek-assets-in-€115m-cyprus-linked-vat-case
European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....
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/business/10-years-of-fresh-partnership-lidl-extends-global-handball-partnership-with-the-ihf-world-championships-through-2030
Lidl becomes the Official Fresh Food Partner of the 2027 and 2029 IHF Women’s and Men’s Handball World Championships, where it will continue to present the “Best Young Player Award”. Lidl also becomes the Official Fresh Food Partner of the U20 Women’s and U21 Men’s World Championships.
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https://knews.kathimerini.com.cy/en/news/cyprus-ranks-near-the-top-for-mammography-access-near-the-bottom-for-screening
Cyprus had 6.9 mammography units for every 100,000 residents in 2024, giving it the second-highest level of availability among EU countries with comparable data, according to figures from Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-airfares-rise-5-while-eu-flight-prices-fall
Airfares in Cyprus rose by 5% in August 2026 compared with the same month last year, while package holiday prices increased by 3.7%, according to the latest Eurostat figures....
https://knews.kathimerini.com.cy/en/news/trade-unions-warn-worker-leasing-may-be-linked-to-human-trafficking
Cyprus MPs are seeking answers from the authorities over allegations that workers are being illegally leased to businesses, with trade unions telling Parliament that some cases may be connected to human trafficking....
https://knews.kathimerini.com.cy/en/news/cyprus-petrol-prices-jump-6-2-in-one-month-among-eu-s-steepest-rises
Cyprus motorists did not imagine it: filling the car became noticeably more expensive in August....
https://knews.kathimerini.com.cy/en/news/the-eudis-defence-hackathon-comes-to-cyprus-for-the-first-time-with-€10-000-in-prizes
For the first time, Cyprus takes its place in one of Europe's most significant defence-innovation initiatives. It has been officially selected by the European Commission as one of eight locations across the EU to host the EUDIS Defence Hackathon 2026 – Autumn Edition....
https://knews.kathimerini.com.cy/en/business/cyprus-rejects-three-eu-revenue-proposals-as-nicosia-draws-red-lines-over-eu-funding-plans
Nicosia drew its red lines during a particularly divisive discussion among the 27 member states, which focused on both the size and composition of the EU’s “New Own Resources” (NORs), meaning the new revenue sources the European Union is proposing to use to finance the 2028-2034 European budget while partially reducing its reliance on direct contributions from member states....
https://knews.kathimerini.com.cy/en/news/$60-000-for-someone-willing-to-kill-in-cyprus
It began with an anonymous message on an encrypted app: a ''job'' somewhere in the European Union, a payment of $60,000 in cryptocurrency, and a request for someone willing to kill....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-in-2026-peak-season-recovery-narrows-the-gap
Cyprus tourism entered 2026 after a record 2025, when arrivals reached 4.53 million. Renewed instability in the Middle East then disrupted travel sentiment and reduced arrivals sharply in March and April. By July, however, the picture had improved: arrivals were only 1.1% below July 2025, following a 1.7% decline in June, compared with contractions of 30.7% in March and 27.6% in April.
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https://knews.kathimerini.com.cy/en/news/919-dead-4-793-missing-as-nepal-disaster-becomes-a-race-to-reach-trapped-workers
At least 919 people are dead and 4,793 remain missing after catastrophic floods tore through Nepal and neighbouring Tibet, turning Himalayan valleys into rivers of mud and leaving thousands of families without answers....
https://knews.kathimerini.com.cy/en/news/one-last-weekend-of-mom-i-m-bored-before-school-begins
Cyprus parents, you have almost made it. This is the last weekend before the first school bells begin ringing, meaning the long summer shift of snacks, screen-time negotiations, beach bags and repeated cries of “I’m bored” is finally nearing its end....
https://knews.kathimerini.com.cy/en/news/more-than-30-nationalities-among-missing-in-nepal-floods
What began as a disaster high in the Himalayas has quickly become an international tragedy, with citizens of more than 30 countries among those missing after catastrophic floods struck the Nepal-China border....
https://knews.kathimerini.com.cy/en/news/king-harald-v-of-norway-dies-at-89
King Harald V of Norway, a popular monarch who helped bring the royal family closer to ordinary people, has died at the age of 89....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-vulnerable-to-the-climate-crisis
“Net zero” is not just a slogan. It is a legal obligation to reach climate neutrality by 2050. The roadmap requires a 55 percent cut in net emissions by 2030 from 1990 levels and, under the revised Climate Law finished in February, a 90 percent cut by 2040....
https://knews.kathimerini.com.cy/en/news/poland-economy-now-larger-than-belgium-sweden-ireland-and-austria
Poland has quietly joined the European Union’s economic heavyweights, overtaking several of the bloc’s wealthiest and most established members....
https://knews.kathimerini.com.cy/en/news/small-island-€36-5-billion-economy
How big is Cyprus's economy compared with the rest of Europe? The short answer: we're small, very small, but we're not the smallest....
https://knews.kathimerini.com.cy/en/news/italy-suspends-schengen-travel-with-spain-while-tens-of-thousands-voluntarily-return-to-morocco
A migration emergency in the Spanish enclave of Ceuta has caused a sharp diplomatic rift across the European Union, prompting Italy to suspend border-free travel with Spain while tens of thousands of migrants head back across the border to Morocco....
https://knews.kathimerini.com.cy/en/business/cyprus-environmental-tax-revenue-reaches-€718-7-million
Environmental tax revenue in Cyprus reached €718.72 million in 2024, according to new figures released by Eurostat, as environmental tax receipts across the European Union increased to a record €371.9 billion....
https://knews.kathimerini.com.cy/en/business/cypriot-business-pioneer-nikos-shacolas-passes-away-at-98
Nikos K. Shacolas, one of the most prominent and visionary figures in the Cypriot business community, has passed away at the age of 98. His death was announced on Thursday morning by the CTC Group, the conglomerate he founded and led for decades....
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-records-the-eu-s-highest-level-of-water-scarcity
Cyprus has recorded the highest level of water scarcity in the European Union, according to the latest figures released by the European Parliament using Eurostat data....
https://knews.kathimerini.com.cy/en/business/fuel-and-lubricant-prices-in-cyprus-rise-20-5-year-on-year-in-may
Fuel and lubricant prices for personal transport in Cyprus were 20.5% higher in May 2026 compared with May 2025, according to figures released by Eurostat. The increase was closely aligned with the European Union average, which stood at 20.7%....
https://knews.kathimerini.com.cy/en/news/why-more-people-are-travelling-for-experiences-not-just-a-break
For today's travelers, a trip is no longer simply about getting away for a few days. More and more, people are investing in experiences, personal growth, and memories that last long after they've returned home....
