https://knews.kathimerini.com.cy/en/business/in-cyprus-on-budget-is-the-exception-not-the-rule
In Cyprus, the doubling of the cost to complete the Paphos–Polis Chrysochous road is being seen by analysts as less of an exception and more like the rule in a public works system under strain....
https://knews.kathimerini.com.cy/en/news/cost-of-essentials-jumps-with-another-rise-in-infant-formula
Price increases have been recorded across a range of everyday goods in Cyprus, with infant formula among the products drawing particular concern from consumers....
https://knews.kathimerini.com.cy/en/news/eu-move-brings-displaced-cypriots-property-rights-into-focus
A new development in the European Parliament marks a significant step forward for displaced people from Cyprus, as their property rights are now formally acknowledged within discussions on future EU funding....
https://knews.kathimerini.com.cy/en/comment/opinion/this-time-let-s-measure-corruption
Corruption in a state carries real costs. It slows growth, erodes trust, and ultimately weakens the quality of democracy citizens experience....
https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by
A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....
https://knews.kathimerini.com.cy/en/life/government-licenses-rock-of-aphrodite-as-premium-ad-space
In a move officials are calling “innovative and mildly inevitable,” a Cyprus ministry has announced that the famed Rock of Aphrodite, long associated with myth and postcards your aunt keeps sending you, has officially been licensed as advertising space....
https://knews.kathimerini.com.cy/en/news/keep-calm-and-eat-pork-cyprus-food-market-adjusts-to-foot-and-mouth-fears
The market has not come to a halt, but there is clear anxiety, with some shoppers worried about both the availability and the price of milk and lamb ahead of the holiday period. ...
https://knews.kathimerini.com.cy/en/news/ai-diagnosed-the-patient-before-doctors-did-and-cyprus-may-be-next
Inside the Landmark Hotel last week, conversations about healthcare sounded less like policy debates and more like glimpses into the future....
https://knews.kathimerini.com.cy/en/news/cyprus-a-geopolitical-hub-in-a-shifting-power-landscape
After the October 7 massacre, the brutal Hamas attack and Israel’s long, largely disproportionate counteroffensive in Gaza, Cyprus had an unexpected opportunity: to send a message to the international community that went beyond the usual lens of the “Cyprus problem” and to emerge as a rare “Western anchor” in a volatile region. ...
https://knews.kathimerini.com.cy/en/news/can-cyprus-future-proof-its-healthcare-system-experts-gather-to-rethink-the-rules
The big question on the table Thursday afternoon was simple but urgent: how does Cyprus build a healthcare system that can survive the next decade, financially, technologically and humanly?...
https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending
Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....
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/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/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/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/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/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/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/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/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
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....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-the-mediterranean-s-rising-star-in-global-film-and-tv
From high-end series to blockbuster films and major reality shows, Cyprus is starting to shine on the radar of international studios. And like any great production, this transformation is driven by strategy and professionalism....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/cyprus-isn-t-one-property-market-anymore-—-it-s-five
Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....
https://knews.kathimerini.com.cy/en/news/the-future-of-finance-five-key-trends-shaping-the-role-of-finance-leaders-by-2026
Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/when-paying-for-groceries-becomes-a-crowdfunding-campaign
In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....
https://knews.kathimerini.com.cy/en/news/eu-tax-hike-could-make-smoking-a-luxury-greece-pushes-back
Smokers in Europe may soon feel the pinch in their wallets. The European Commission is proposing a massive increase in taxes on cigarettes, roll-your-own tobacco, and even e-cigarettes, and Greece is sounding the alarm....
https://knews.kathimerini.com.cy/en/news/bidx1-launches-october-catalogue-featuring-coastal-villas-city-apartments-more
BidX1 is pleased to announce that the catalogue for its next auction, taking place on Wednesday 22nd October, is now live and available to view here....