https://knews.kathimerini.com.cy/en/business/cyprus-joins-ecb-digital-euro-pilot-programme
Cyprus will be among the 19 eurozone countries participating in the European Central Bank's first pilot programme for the digital euro, with testing expected to begin in the second half of 2027....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-says-ledras-and-onasagorou-upgrade-is-unavoidable-and-long-overdue
The regeneration project of Ledras and Onasagorou pedestrian streets is ''necessary in every respect,'' Nicosia Mayor Charalambos Prontzos said, stressing that the municipality understands the concerns raised by some business owners but believes the upgrade cannot be delayed any longer....
https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network
A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....
https://knews.kathimerini.com.cy/en/news/waste-tax-could-leave-households-paying-more-before-recycling-systems-improve
Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....
https://knews.kathimerini.com.cy/en/business/limassol-s-job-market-stays-strong-as-finance-and-tech-companies-continue-hiring
While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....
https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
https://knews.kathimerini.com.cy/en/business/financial-clarity-a-key-driver-of-sme-stability-in-cyprus
Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....
https://knews.kathimerini.com.cy/en/business/baltic-nations-decouple-from-russian-grid-to-offer-cyprus-an-energy-blueprint
Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...
https://knews.kathimerini.com.cy/en/business/invest-cyprus-honours-international-companies-at-the-14th-invest-cyprus-international-investment-awards
Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/there-are-plenty-of-jobs-but-the-right-workers-are-missing
The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....
https://knews.kathimerini.com.cy/en/business/cyta-to-build-cyprus-largest-privately-owned-data-center-after-redmax-acquisition
Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....
https://knews.kathimerini.com.cy/en/news/residents-and-businesses-reject-nicosia-s-€10-8m-historic-centre-redevelopment-plan
Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/business/licensing-chaos-in-tourism-55-of-accommodations-without-a-license
The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....
https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum
Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/aradippou-mayor-calls-for-industrial-areas-to-be-relocated-away-from-homes-after-factory-fire
The Mayor of Aradippou has urged authorities to redesign planning policies so that industrial estates and residential neighbourhoods are no longer located next to one another, following Monday's major factory fire....
https://knews.kathimerini.com.cy/en/news/12th-gastronomos-quality-awards-celebrate-cyprus-finest-producers-and-culinary-heritage
For the 12th consecutive year, the Gastronomos Quality Awards celebrated the people who rarely stand in the spotlight but whose work deserves recognition and applause....
https://knews.kathimerini.com.cy/en/news/four-firefighters-treated-as-massive-aradippou-factory-blaze-continues-to-rage
Four firefighters have received medical treatment after battling the massive factory fire that continues to burn through the Aradippou Industrial Area, as emergency crews race to stop the flames from spreading to nearby businesses....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-of-8-33-cents-per-litre-extended-until-sept-17
Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....
https://knews.kathimerini.com.cy/en/news/fuel-tax-relief-extended-giving-drivers-2-more-months-of-breathing-room
Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....
https://knews.kathimerini.com.cy/en/business/the-national-and-kapodistrian-university-of-athens-and-k-treppides-co-group-launch-a-landmark-partnership-to-shape-the-next-generation-of-leaders-in-greece-and-cyprus
The National and Kapodistrian University of Athens (NKUA) and K Treppides & Co Group are proud to announce the signing of a Memorandum of Understanding (MoU), executed on Monday, 15 June 2026, marking the beginning of a landmark strategic partnership aimed at bridging academic excellence with professional experience and creating new opportunities for the next generation of economists, business professionals, researchers and leaders in Cyprus and Greece....
https://knews.kathimerini.com.cy/en/news/digital-euro-coming-by-2030-as-cyprus-gets-a-new-way-to-pay
The digital euro is slowly moving from theory to reality, and if all goes to plan, it could become part of everyday life across Cyprus and the rest of the eurozone by 2030....
https://knews.kathimerini.com.cy/en/business/left-cyprus-for-a-better-career-the-government-wants-you-back
The second phase of the government's repatriation campaign begins tomorrow, with events scheduled in London and Birmingham. Cyprus is once again seeking to attract talented professionals who left for opportunities abroad as it looks to strengthen its labor market. ...
https://knews.kathimerini.com.cy/en/business/invest-cyprus-and-anima-investment-network-opened-euromed-days-in-nicosia-placing-cyprus-at-the-centre-of-euro-mediterranean-investment-cooperation
Invest Cyprus & ANIMA Investment Network successfully opened EUROMED DAYS - Connecting Regions, Empowering Growth: Mediterranean-Europe Investment Partnerships for a Resilient Future, a high-level regional investment forum that took place in Cyprus from 15 to 17 June 2026....
https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet
After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....
https://knews.kathimerini.com.cy/en/news/1st-gastronomos-festival-comes-to-vouni-limassol
Gastronomos Cyprus is honoring the people of Limassol's fire-stricken villages and supporting their recovery and renewal....
https://knews.kathimerini.com.cy/en/business/cyprus-butcher-training-program-draws-strong-interest
A training program aimed at turning people into qualified butchers, a profession that has quietly remained in steady demand in Cyprus, has kicked off its latest cycle with strong participation and growing interest....
https://knews.kathimerini.com.cy/en/news/nicosia-says-it-s-turning-things-around-but-traffic-and-bills-still-bite
''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....
