https://knews.kathimerini.com.cy/en/news/government-unveils-comprehensive-aid-package-for-limassol-fire-victims-cash-payments-rent-subsidies-and-full-damage-restoratio
Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....
https://knews.kathimerini.com.cy/en/business/skip-truck-drivers-sound-the-alarm-help-us-or-everyone-pays
Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out”
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https://knews.kathimerini.com.cy/en/business/big-greek-players-move-in-on-cyprus-signature-cheese
Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....
https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank
Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-unveils-€15-million-employment-schemes-targeting-women-and-over-50s
The Cypriot government will introduce three new employment schemes totaling €15 million to support women and individuals over 50, Labour and Social Insurance Minister Yiannis Panayiotou announced Tuesday....
https://knews.kathimerini.com.cy/en/comment/opinion/prosecutors-arrogance-fuels-public-outrage-in-cyprus
Something deeper, and far more troubling, than whether Savvas Angelides would resign or not was revealed in the press conference he held last Tuesday as Deputy Attorney General....
https://knews.kathimerini.com.cy/en/business/israeli-developers-to-launch-€40m-high-rise-project-in-larnaca
An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....
https://knews.kathimerini.com.cy/en/business/new-private-hospital-and-medical-campus-approved-for-lakatamia
A new private hospital is coming to Lakatamia, as the Environmental Authority has officially approved the construction of Hadassah Healthcare Park, a large-scale development that will also include a medical university, biotech offices, and student housing....
https://knews.kathimerini.com.cy/en/news/cyprus-schengen-entry-in-2026-don-t-bet-on-it-says-ciren
President Nikos Christodoulides may have boldly promised that Cyprus will join the Schengen Area in 2026, but the facts on the ground paint a different and far more complicated picture....
https://knews.kathimerini.com.cy/en/business/health-ministry-cracks-down-on-illegal-botox-dysport-found-in-clinics-and-salons
The Ministry of Health has issued a stark warning after unauthorized Botox and Dysport products were discovered at beauty salons and medical clinics across Cyprus....
https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan
Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....
https://knews.kathimerini.com.cy/en/business/odysseas-fires-fresh-criticism-at-government-over-larnaca-towers
Odysseas Michaelides has launched fresh criticism against the government and Environment Department over the controversial high-rise development planned for the coastal refinery zone in Larnaca, accusing authorities of “selective clarification and skillful concealment” regarding environmental concerns....
https://knews.kathimerini.com.cy/en/business/environmental-department-we-don-t-approve-projects-based-on-who-applies
A beachfront development in Larnaca has triggered a public row between environmental activists and government authorities, with the Department of Environment rejecting claims that the project’s approval was politically motivated....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/free-cabin-bags-could-soon-be-law-in-the-eu-but-airlines-aren-t-happy
Those frustrating extra fees for carrying a small bag onto a flight may soon be grounded, for good....
https://knews.kathimerini.com.cy/en/news/mp-s-approve-€100m-fund-to-aid-2013-bank-crisis-victims
Twelve years after the 2013 banking crisis devastated thousands of depositors and investors, Cyprus’ Parliament has approved a long-awaited budget for the National Solidarity Fund, unlocking €100 million in compensation for those hardest hit....
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/business/25-real-estate-investment-opportunities-by-astrobank
AstroBank is offering an exceptional selection of residential land for sale in Nicosia, Paphos and Famagusta....
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/lakatamia-land-reserved-for-school-sits-idle-since-1996
Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....
https://knews.kathimerini.com.cy/en/news/25th-petrolina-annual-general-meeting
On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....
https://knews.kathimerini.com.cy/en/news/trump-poised-for-strike-on-iran-as-israel-urges-‘finish-the-job
President Donald Trump has approved military plans for a potential U.S. strike on Iran, but he has not yet given the green light to carry them out. While the White House is preparing for a possible offensive “in the coming days,” officials say Trump is still hoping that the mere threat of force will push Iran to abandon its nuclear ambitions....
https://knews.kathimerini.com.cy/en/business/83-major-companies-in-cyprus-operating-without-required-permits-lawmakers-say
Eighty-three major industrial sites across Cyprus are operating without valid town planning permits, building permits, or approval certificates, key documents required to regulate pollution and safeguard public health, according to AKEL MP Nicos Kettiros....
https://knews.kathimerini.com.cy/en/news/israeli-airstrike-hits-iran-s-state-tv-headquarters-as-nuclear-tensions-surge
Israel launched a direct strike on Iran’s state television headquarters in Tehran early Monday, intensifying a growing conflict and sending thousands of residents fleeing the capital....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
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/news/eu-approves-rules-allowing-airlines-to-charge-for-cabin-baggage
EU transport ministers on Thursday approved updated air passenger rights rules that include allowing airlines to charge for carry-on cabin baggage, despite opposition from Germany, Spain, Portugal, and Slovenia....
https://knews.kathimerini.com.cy/en/news/more-struggling-homeowners-get-relief-under-government-s-oikia-scheme
The General Accounting Office has wrapped up the second phase of the government’s OIKIA Scheme, approving financial relief for dozens more struggling homeowners. ...
