https://knews.kathimerini.com.cy/en/news/belgian-police-raid-eu-commission-offices-over-€900-million-property-sale
Belgian police raided several European Commission offices in Brussels Thursday morning as part of an investigation into a controversial property sale, sending a ripple through EU circles....
https://knews.kathimerini.com.cy/en/news/eurobank-to-build-day-care-center-for-adults-with-disabilities-and-autism
A new chapter in care and inclusion for adults with disabilities and autism is starting in Strovolos, thanks to an initiative led by Eurobank....
https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€4-4m-yearly-interest-from-eu-loan-to-ukraine
Cyprus is expected to contribute roughly €4.4 million annually toward servicing the €90 billion loan the EU plans to raise on the markets to support Ukraine in the coming years, according to sources from Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end
The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....
https://knews.kathimerini.com.cy/en/news/€1-2bn-to-rearm-the-cyprus-national-guard
The approval of the Republic of Cyprus’ application to participate in the EU’s SAFE regulation (Security Action for Europe) opens a new chapter in the National Guard’s armaments program, the largest since its establishment. ...
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....
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/news/can-cyprus-shoppers-trust-e-kalathi-prices
As the debate over e-kalathi continues, the real question for Cyprus households is a simple one: does it actually help families save money at the supermarket, or does it just add more confusion to an already expensive weekly shop?...
https://knews.kathimerini.com.cy/en/news/nepotism-allegations-raised-over-public-sector-appointments-in-polis-chrysochous
Serious allegations of misconduct and procedural violations have been raised concerning recent hiring decisions at the Municipality of Polis Chrysochous, following a complaint submitted by Deputy Mayor of Kritou Terra, Dervis Charalambous....
https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/business/cyprus-casinos-brace-for-new-competition-from-greece-and-uae
Cyprus’ casino industry is bracing for new competition, with upcoming casinos in Greece and the United Arab Emirates expected to shake up the local market, officials said Thursday....
https://knews.kathimerini.com.cy/en/news/un-at-risk-of-running-out-of-funds-as-member-dues-go-unpaid
United Nations Secretary-General Antonio Guterres has issued a stark warning to member states that the world body is approaching a severe cash crisis that could threaten its ability to operate....
https://knews.kathimerini.com.cy/en/news/eu-infringement-package-flags-cyprus-for-delays-across-food-finance-and-energy-rules
The European Commission’s January infringements package has placed Cyprus under renewed scrutiny, with the country cited in a broad range of cases for failing to fully transpose or notify European Union legislation....
https://knews.kathimerini.com.cy/en/news/larnaca-is-about-to-look-very-different
Larnaca is gearing up for a busy and expensive year ahead....
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/news/cyprus-tax-reform-puts-more-money-back-in-families-pockets
Cyprus’ long-awaited tax reform has officially taken effect, and families, workers, and businesses are already feeling the impact. ...
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/news/german-ambassador-hosts-closing-dinner-for-visiting-delegation
A visiting delegation from the German Parliament’s Committee on EU Affairs wrapped up its stay in Cyprus on Thursday night with a dinner hosted by German Ambassador Hans-Peter Jugel and his wife, Michaela Jugel, at their residence in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/good-news-for-shoppers-zero-vat-stays-on-basic-goods-in-2026
Shoppers in Cyprus will get a break on everyday essentials for another year, as the government confirmed that zero VAT on a range of basic goods will remain in place throughout 2026....
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/first-lady-quits-social-support-role-citing-‘relentless-online-attacks-on-her-family
Cyprus’ First Lady, Philippa Karsera, has resigned from the Independent Social Support Agency, saying she and her children were targeted by a wave of online attacks, fake news and defamatory claims that left her no choice but to step aside....
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/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-europe-s-center-stage-with-€25-6-million-infrastructure-overhaul
Cyprus has completed extensive infrastructure upgrades as it prepares to assume the presidency of the Council of the European Union, investing €25.6 million in conference and media facilities to host hundreds of high-level meetings throughout 2026....
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/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/business/1-cyprus-new-minimum-wage-of-€979-kicks-in-today-but-is-it-enough
Starting today, January 1, 2026, Cyprus workers are seeing a welcome bump in their pay as the national minimum wage rises....
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....