https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it
Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....
https://knews.kathimerini.com.cy/en/business/hotels-running-without-full-permits-get-lifeline-but-the-clock-is-ticking
Parliament has thrown a temporary lifeline to dozens of hotels and tourist accommodations that are technically operating without a proper license, approving a law that allows them to keep their doors open, under strict conditions, while they try to get their paperwork in order....
https://knews.kathimerini.com.cy/en/news/trump-i-don-t-want-to-use-force-i-won-t-use-force
US President Donald Trump has backed off his confrontation with Europe over Greenland, dropping threats of tariffs and insisting he will not use force to take control of the Arctic island, a sudden change after weeks of pressure that shook NATO and rattled European capitals....
https://knews.kathimerini.com.cy/en/business/after-a-year-of-silence-cyprus-returns-to-the-markets-for-€1bn
Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-property-market-2025-more-cash-unexpected-winners
Looking at a full year’s results is always a revealing moment, not just for analysts, but for readers too. It’s when you can line one year up against another, both locally and nationwide, and see whether expectations held up or reality had other plans....
https://knews.kathimerini.com.cy/en/news/how-vassiliou-founded-the-university-of-cyprus-against-all-odds
The second half of the 1980s can fairly be described as a period of renewal and opening up on many fronts in Cyprus. One of the most significant developments of that era was the creation of the University of Cyprus, which, after years of debate, disagreements, and delays, was finally established in 1989....
https://knews.kathimerini.com.cy/en/news/cypriots-wallets-could-tip-the-may-election
Cyprus’ economy is thriving, but many citizens are still feeling the pinch and worrying about the future, a new survey shows....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-contain-fallout-as-eu-commissioners-arrive
With the EU’s top leadership arriving in Cyprus within hours, the Christodoulides government is scrambling to contain a political crisis that threatens to overshadow the country’s assumption of the EU Council Presidency....
https://knews.kathimerini.com.cy/en/news/paphos-eoa-flooded-with-reports-of-unusually-high-water-consumption
An increase in water bills reported by residents across the Paphos district has prompted a response from the President of the Paphos District Local Government Organisation (EOA)....
https://knews.kathimerini.com.cy/en/business/kition-ocean-plots-comeback-for-larnaca-port-mega-project
Nineteen months after the termination of the contract, and while procedures are under way for construction works on the redevelopment of the Larnaca marina and port to begin, the Kition Ocean Holdings consortium is attempting to return to the project....
https://knews.kathimerini.com.cy/en/news/after-25-years-eu-moves-ahead-with-massive-south-america-trade-deal
After 25 years of tough, stop-and-go negotiations, EU countries on Friday moved closer to sealing a massive trade deal with South America, an agreement that could reshape markets for Cypriot farmers, food producers, and exporters....
https://knews.kathimerini.com.cy/en/news/trump-team-considers-$100-000-payout-to-every-greenlander
The Trump administration is considering offering as much as $100,000 to every resident of Greenland in a bold and highly controversial push to persuade the Arctic territory to break away from Denmark and join the United States, according to a Reuters report....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-eu-presidency-pride-or-precarious-position
For the second time, Cyprus formally takes over the rotating Council of the EU for a six-month term. It now holds the reins of the EU presidency. There are unattainable promises being made—or envisioned—by the government for a mythological EU Shangri-La and how to propel this undemocratic institution forward....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/museums-come-to-the-rescue-of-presidents
Culture may get polite mentions and modest funding, but under President Nikos Christodoulides it lacks something far more important: a clear vision. Beyond vague promises and small-scale digital upgrades, no major cultural projects or long-term strategy are in sight....
https://knews.kathimerini.com.cy/en/business/cypriots-borrow-more-but-stash-far-more-cash-in-the-bank
Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....
https://knews.kathimerini.com.cy/en/business/government-spending-hits-new-high-as-student-numbers-rise
Student numbers across the education system rose noticeably in the 2023/2024 academic year, reflecting steady growth from early childhood education through to universities, according to the latest Annual Survey on Education released by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/from-genocide-disputes-to-e-visas-turkey-and-armenia-take-a-step-toward-each-other
For the first time in decades, citizens of Turkey and Armenia will find it easier to cross the heavily guarded border between the two neighbors, thanks to a new agreement simplifying visa procedures....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/nato-and-eu-wary-while-cyprus-prepares-to-take-eu-presidency
NATO and European Union officials are expressing concern ahead of Cyprus taking over the rotating presidency of the EU Council in January, amid fears that long-standing tensions with Turkey could complicate Europe’s defense agenda at a critical moment....
https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories
The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-the-forefront-of-expanding-defense-partnership-with-greece-and-israel
Cyprus is set to play a growing role in a deepening defense partnership with Greece and Israel, as the three countries move to expand joint military activity and security cooperation in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/out-about/deejay-radio-93-5-wraps-up-2025-with-a-dj-takeover-party-in-nicosia
Deejay Radio 93.5 is closing out 2025 in style, bringing the pulse of its radio sessions to the heart of the city with a special DJ takeover party at Lost + Found Drinkery on Monday, December 29, from 8:00 p.m. to 1:30 a.m....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-overhauls-its-tax-system-what-it-means-for-your-family
Parliament on Monday approved Cyprus’ new tax framework, a long-awaited reform that the government says will ease the burden on households, support families with children and make the economy more competitive, without requiring citizens to suddenly become tax experts....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
