https://knews.kathimerini.com.cy/en/news/the-eu-s-plastic-ban-four-years-later-is-it-actually-working
It has been four years since the European Union waged war on plastic cutlery, straws, and stirrers. Now, Brussels wants to know if the strategy is actually working....
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/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/israelis-are-flying-out-in-record-numbers-and-cyprus-is-their-go-to-gateway
Flights from Israel to Cyprus are reaching eye-catching levels this year, placing the island at the heart of a major surge in regional air travel, and making it the most connected destination from Israeli airports worldwide....
https://knews.kathimerini.com.cy/en/news/pitch-your-film-win-international-deals-cyprus-is-rolling-out-the-red-carpet
Cyprus is rolling out the red carpet for filmmakers next April, hosting the seventh edition of Dot.on.the.Map Industry Days, a three-day co-production, training, and networking event designed to put the island at the center of Mediterranean cinema. The event runs April 23–25, 2026, alongside the 24th Cyprus Film Days International Festival....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
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/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses
The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
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/cyprus-legendary-berengaria-hotel-set-to-rise-again-in-troodos-mountains
Nestled high in the Troodos mountains, Berengaria isn’t just any hotel; it’s a memory, a symbol, a touchstone of Cyprus’ history of luxury hospitality. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/big-insurance-shake-up-coming-to-cyprus
Alpha Bank is moving to shake up Cyprus’ insurance sector, announcing a major deal that will merge two well-known insurers into what is expected to become one of the country’s biggest insurance groups....
https://knews.kathimerini.com.cy/en/news/turkey-to-cyprus-forget-the-politics-let-s-make-money
Turkey’s foreign minister has floated a controversial idea for Cyprus: park the political dispute, move ahead with joint business and energy projects, and deal with sovereignty later, all while sticking to Ankara’s long-standing push for a two-state solution....
https://knews.kathimerini.com.cy/en/business/ai-is-coming-but-your-job-might-be-safer-than-you-think
Workers around the world have reason to be nervous about artificial intelligence. Headlines of layoffs at American companies and warnings from some of AI’s top leaders have stoked fears that machines could soon take over human jobs....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-12-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/mayor-blasts-cyprus-bureaucracy-a-15-day-approval-takes-nine-months
Paphos’ mayor, Phaedonas Phaedonos, didn’t mince words on social media this week, painting a frustrating picture of the slow grind inside Cyprus’ public sector....
https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
https://knews.kathimerini.com.cy/en/news/serious-crime-is-rising-in-cyprus-and-it-s-not-just-break-ins-anymore
Serious crime in Cyprus is going up again, slowly, quietly, but steadily, and the latest official figures suggest it’s becoming a trend rather than a one-off spike....
https://knews.kathimerini.com.cy/en/news/luxury-wine-cellar-in-limassol-ravaged-by-arson
A luxury wine cellar in Limassol was severely damaged in an arson attack, resulting in the loss of some of the world’s most expensive wines, including Château Petrus and Château Margaux....
https://knews.kathimerini.com.cy/en/news/teachers-walk-out-farmers-roll-in-as-cyprus-braces-for-a-day-of-protests
Classrooms will fall silent and tractors will take to the streets on Thursday as teachers and farmers stage coordinated protests, putting fresh pressure on the government over education reforms and the future of agriculture....
https://knews.kathimerini.com.cy/en/business/november-tourism-jumps-30-giving-cyprus-a-late-season-win
Cyprus got a welcome tourism lift in November, with arrivals jumping by more than 30% compared with the same month last year, according to new data from the Statistical Service....
https://knews.kathimerini.com.cy/en/news/trial-hears-claims-of-beauty-services-traded-for-prison-information
A prison guard accused of trading inside information for beauty treatments, large sums of unexplained cash, and even a painting suspected to be bought with dirty money were at the center of a high-profile money-laundering case that returned to court on Thursday....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates
Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...
https://knews.kathimerini.com.cy/en/business/cyprus-2024-data-show-gender-pay-gap-persists-across-sectors
Despite gradual improvements, women in Cyprus continue to earn less than men on average, according to the latest data from the Statistical Service for 2024....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-as-roma-partnership
Nicosia, 15 December 2025 - Wizz Air, one of Europe’s leading low-cost airlines and a top carrier in Italy’s aviation landscape, is proud to unveil a major new partnership with Serie A club AS Roma....
https://knews.kathimerini.com.cy/en/news/€1-2-million-vanishes-in-online-scam-targeting-limassol-company
A 35-year-old owner of a company registered abroad, but with an office in Limassol, reported today to the Limassol CID that his business fell victim to an online scam, resulting in a loss of €1.2 million....
