https://knews.kathimerini.com.cy/en/news/watch-your-interest-rates-cbc-sets-legal-limit-at-11-72
The Central Bank of Cyprus has set the country’s reference interest rate at 11.72%, drawing a clear legal line for what counts as excessive and illegal lending....
https://knews.kathimerini.com.cy/en/news/no-more-borrowing-from-pension-fund-government-says
A long-standing distortion in Cyprus’ social insurance fund is finally being addressed as the government moves to ''freeze'' its growing debt to the fund and shift its investment strategy to an independent authority....
https://knews.kathimerini.com.cy/en/news/€3-4-million-in-assets-frozen-for-former-cyprus-football-chief-amid-criminal-case
Authorities in Cyprus have frozen assets worth €3.4 million belonging to former Cyprus Football Federation president George Koumas, as a criminal case against him moves forward....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-end-state-borrowing-from-social-insurance-fund-in-pension-reform-plan
Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...
https://knews.kathimerini.com.cy/en/news/thousands-already-blocked-as-eu-border-system-enters-first-day-of-full-rollout
A newly implemented European border control system has already led to thousands of travelers being refused entry, with authorities also flagging hundreds of individuals as potential security risks....
https://knews.kathimerini.com.cy/en/business/1-square-one-capital-the-developer-turned-fund-manager-targeting-cyprus-s-next-residential-wave
A Limassol-based developer with 33 active projects is raising a €200M opportunistic real estate fund targeting 25% net IRR. Here's why the timing is right — and why this team is built to deliver it....
https://knews.kathimerini.com.cy/en/news/audit-finds-major-flaws-in-cyprus-welfare-benefit-system
A recent report by the Audit Office has revealed significant weaknesses in how social benefits were administered by the Deputy Ministry of Social Welfare during 2022 and 2023. ...
https://knews.kathimerini.com.cy/en/news/cyprus-remains-a-key-gateway-as-europe-s-‘golden-visa-landscape-shifts
As several European countries tighten or scrap their so-called “golden visa” schemes, Cyprus is emerging as one of the most stable and accessible options for investors seeking residency within the EU....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/news/easter-at-alphamega-hypermarkets-with-seasonal-surprises-and-special-offers
Alphamega Hypermarkets are once again setting the Easter table this year, supporting Cypriot families and rewarding consumers with new surprises and offers on a wide range of branded and premium products, all while respecting our country’s traditions and customs....
https://knews.kathimerini.com.cy/en/business/eu-australia-trade-deal-could-mean-cheaper-imports-and-new-export-opportunities-for-cyprus
After nearly a decade of negotiations, Australia and the European Union have struck a sweeping free trade agreement aimed at boosting growth, lowering consumer prices and strengthening economic alliances at a time of rising global uncertainty....
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount
Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....
https://knews.kathimerini.com.cy/en/news/government-rethinks-12-pension-cut-as-reform-talks-heat-up
The government is taking a fresh look at the controversial 12% pension cut, a move that could directly affect thousands of future retirees, as negotiations over Cyprus’ long-awaited pension reform continue....
https://knews.kathimerini.com.cy/en/business/sharp-drop-in-bookings-for-march-and-april-forces-hotels-to-shut-down-or-delay-reopening
Cyprus’ hotel industry is facing growing pressure after a wave of booking cancellations for the early spring months, creating uncertainty for hundreds of businesses and their employees....
https://knews.kathimerini.com.cy/en/news/pay-with-a-bank-of-cyprus-card-and-get-6-months-of-foody-pro-for-free
How would you like to enjoy your Foody orders with €0 delivery fee and exclusive offers for six months? Now, Bank of Cyprus cards become your “passport” to the world of Foody Pro! ...
https://knews.kathimerini.com.cy/en/news/christodoulides-meets-meloni-eni-ceo-in-rome
Cyprus President Nikos Christodoulides wrapped up a busy day in Rome on Friday, meeting with Italian Prime Minister Giorgia Meloni and holding high-level talks with ENI CEO Claudio Descalzi as part of ongoing efforts to strengthen diplomatic and energy ties....
https://knews.kathimerini.com.cy/en/news/christodoulides-ready-to-open-kaimakli-crossing-if-it-works-for-both-sides
President Nikos Christodoulides said Thursday he is ready to open a new crossing point in Kaimakli, but only as part of a broader package that benefits both Greek Cypriots and Turkish Cypriots....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
https://knews.kathimerini.com.cy/en/comment/opinion/the-island-is-drowning-in-concrete
In idyllic corners across Cyprus, occupied and free alike, natural beauty has steadily given way to concrete and graceless construction....
https://knews.kathimerini.com.cy/en/business/nicosia-prepares-for-influx-of-30-000-visitors-during-eu-council-presidency
About 30,000 international visitors are expected to arrive in Nicosia as Cyprus takes on the rotating presidency of the Council of the European Union, a figure that highlights both the scale of the event and its global reach. ...
https://knews.kathimerini.com.cy/en/news/eu-draws-red-line-against-upgrade-of-breakaway-north
The European Union has delivered a clear political message backing Nicosia: any attempt to upgrade or recognize the breakaway north will be met with firm resistance....
https://knews.kathimerini.com.cy/en/news/justice-minister-vows-crackdown-on-crime-bosses-says-cyprus-‘following-the-money
In a wide-ranging interview that read at times like a warning shot to the underworld, Cyprus’ justice minister says authorities know exactly who the country’s crime bosses are, and they’re closing in....
https://knews.kathimerini.com.cy/en/news/cyprus-groups-warn-eu-mercosur-deal-could-threaten-food-safety-and-hurt-farmers
A broad coalition of agricultural organizations, trade unions, environmental groups and consumer advocates staged a protest outside the House of Europe in Nicosia on Saturday, voicing strong opposition to the European Union’s planned trade agreement with the Mercosur bloc....
https://knews.kathimerini.com.cy/en/news/busiest-green-line-crossing-expansion-completed-at-agios-dhometios
Construction work funded by the European Union at the Agios Dhometios crossing point has now been completed, bringing major improvements to the busiest Green Line crossing in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/27-countries-one-market-can-the-eu-make-it
The European Union appears determined to win its ''bet'' on strengthening competitiveness amid major geopolitical and geoeconomic shifts....
https://knews.kathimerini.com.cy/en/news/cyprus-warns-of-a-growing-counterfeit-halloumi-flood-from-latin-america
Cyprus’s Environmental Movement has warned that halloumi could face increased competition from counterfeit products if the EU moves forward with the Mercosur trade agreement without stronger protections for geographical indications....
https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member
ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....
https://knews.kathimerini.com.cy/en/news/billions-in-gas-years-of-waiting-americans-back-on
2026 is shaping up as a pivotal year for the Republic of Cyprus’ energy program, with developments related both to hydrocarbon deposits in Cyprus’ Exclusive Economic Zone (EEZ) and to the broader energy picture in the Eastern Mediterranean beginning to take concrete shape as planning moves forward....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
