https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/business/cyprus-state-payroll-to-rise-€153-million-in-2026-budget
Cyprus’ state payroll is set to climb again in 2026, with government spending on personnel projected to rise by €153 million despite efforts to rein in hiring....
https://knews.kathimerini.com.cy/en/news/power-shift-17-companies-enter-cyprus-new-electricity-market
For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-holds-first-board-meeting-in-cyprus
The top decision-makers of the European Investment Bank (EIB) are in Cyprus for their first board meeting in the country, shining a spotlight on the island as a key partner in European development....
https://knews.kathimerini.com.cy/en/business/old-money-meets-new-as-nine-european-banks-back-euro-stablecoin-despite-ecb-fears
Europe’s biggest banks are dipping their toes into crypto waters. Nine major lenders, including ING, UniCredit and DekaBank, are banding together to launch a euro-backed stablecoin later this year, even as the European Central Bank warns such digital tokens could shake financial stability....
https://knews.kathimerini.com.cy/en/news/cyprus-lawmaker-pushes-to-ban-scooters-threatens-fines-and-jail
Scooters could be kicked off Cyprus roads entirely if a new bill proposed by DIPA MP Marinos Mousiouttas becomes law. The legislation targets what Mousiouttas calls “widespread misuse” of scooters that puts riders and pedestrians at risk....
https://knews.kathimerini.com.cy/en/news/6th-cyprus-cocktail-festival
N-ice Pure Ice Cubes proudly present, for the sixth year running, the island’s biggest celebration of mixology and music — the Cyprus Cocktail Festival. The event will take place outside the Nicosia Municipal Theatre, bringing together world-class cocktails, electrifying beats, and an atmosphere that’s been recognized internationally....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-the-67-million-cybc-and-cat-neutering
A bombshell statement from Chrisis Pantelides: some people pocketed money and handed the project to the Chinese! Wait, does he mean Cypriots?...
https://knews.kathimerini.com.cy/en/news/no-cypriot-library-in-sight
I marvel at the courage of the Cypriot Association of Librarians and Information Scientists, or of any of us, really, engaging in this Sisyphean task: throwing eggs at the wall, watching them bounce back unbroken, and doing it again and again until we finally end up banging our heads....
https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence
Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-break-€8-billion-in-tax-revenue-in-2025
Cyprus is on track to rake in more than €8 billion in tax revenue this year, up from €7.4 billion in 2024, a milestone that underscores the Tax Department’s push for better compliance and modernization....
https://knews.kathimerini.com.cy/en/business/wizz-air-celebrates-huge-milestones-of-10-million-passengers-in-cyprus-and-5-years-of-operations-at-its-larnaka-base-with-a-day-full-of-surprises
Wizz Air, Cyprus’ market leader airline, celebrated earlier today the milestone of 10 million passengers to and from Cyprus, as well as the 5th anniversary of its base in Larnaka....
https://knews.kathimerini.com.cy/en/news/deadly-airbags-could-ground-your-car-in-cyprus
Starting October 3, 2025, Cyprus will begin cancelling MOT certificates for vehicles that have not had their recalled Takata airbags replaced, the Ministry of Transport announced Thursday....
https://knews.kathimerini.com.cy/en/news/ymca-for-trump-£150-billion-for-the-u-k
President Donald Trump wrapped up his whirlwind second state visit to the United Kingdom on Thursday with a mix of politics, pomp, and a surprise musical moment that had onlookers grinning....
https://knews.kathimerini.com.cy/en/news/idf-pushes-deeper-into-gaza-as-eu-moves-to-curb-ties-with-israel
Israel’s military on Wednesday released images of its soldiers and tanks pushing deep into Gaza City, in what it called one of its most extensive ground operations since the war began....
https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines
Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....
https://knews.kathimerini.com.cy/en/news/net-metering-applications-open-through-year-end-energy-minister-says
Applications for Cyprus’ net metering program for rooftop solar panels will be accepted until the end of the year, said Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/comment/opinion/pensions-without-age-limits
We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...
https://knews.kathimerini.com.cy/en/news/own-your-face-denmark-s-bold-move-against-deepfakes
Denmark is aiming to make history as the first European country to grant its citizens copyright over their own face, voice, and physical likeness, a bold step to combat the growing threat of AI-generated deepfake content....
https://knews.kathimerini.com.cy/en/business/fight-over-fair-pay-for-all-heats-up
Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost of Living Allowance (ATA) to all workers, a pre-election pledge by President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-u-s-military-equipment-joins-eu-defense-program
The Cyprus National Guard is preparing to expand its arsenal with U.S. military aircraft, helicopters and armored vehicles, part of a broader effort to modernize its forces and deepen defense ties with Washington and the European Union....
https://knews.kathimerini.com.cy/en/news/i-am-innocent-ex-house-speaker-defends-role-in-passport-scandal
Two of Cyprus’s most high-profile politicians caught up in the ''golden passports'' scandal stood before a criminal court on Thursday to declare they had done nothing wrong....
https://knews.kathimerini.com.cy/en/news/eu-pledges-€40m-to-keep-ukrainians-warm-this-winter
As Ukraine braces for its fourth winter under Russian attack, the European Union is sending an extra €40 million in humanitarian aid to help civilians survive freezing temperatures and war damage....
https://knews.kathimerini.com.cy/en/news/france-s-prime-minister-ousted-as-political-turmoil-deepens
French Prime Minister François Bayrou resigned Tuesday after losing a crushing confidence vote in parliament, the third head of government toppled in 14 months....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-feel-the-pinch-as-tourists-dine-in-instead-of-out
Cyprus’ restaurants and entertainment venues are feeling the squeeze this year, as more tourists choose to eat at home, order delivery, or rely on all-inclusive hotel packages instead of dining out....
https://knews.kathimerini.com.cy/en/business/cyprus-brain-gain-hundreds-of-expats-eye-a-return-home
Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the Minds in Cyprus platform drew more than 300 registrations from Cypriots working in 23 different countries....
https://knews.kathimerini.com.cy/en/comment/opinion/scandals-short-circuits-and-citizens-paying-the-price
Whoa! Looks like this week is ending with plenty of suspense. According to Alpha TV, the Anti-Corruption Authority will soon release a report assigning serious responsibility to a former party leader....
https://knews.kathimerini.com.cy/en/news/giorgio-armani-fashion-icon-who-redefined-elegance-dies-at-91
Giorgio Armani, the Italian designer who redefined global fashion with his sleek tailoring and timeless elegance, has died at 91....
https://knews.kathimerini.com.cy/en/news/cyprus-begins-€44m-payouts-to-2013-bailout-victims
More than 4,500 people who lost money in Cyprus’ 2013 banking collapse are finally seeing compensation, with €44.36 million being paid out on Thursday, officials said....
