https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-profits-climb-to-€252-million-as-loans-and-deposits-grow
Bank of Cyprus made €252 million in after-tax profit during the first six months of 2026, marking a 7% increase from the same period last year....
https://knews.kathimerini.com.cy/en/news/court-allows-father-accused-over-child-s-death-to-return-to-uk-for-funeral
A British father facing criminal charges over the death of his 3-year-old child will be allowed to leave Cyprus temporarily so he can attend the child’s funeral in the United Kingdom....
https://knews.kathimerini.com.cy/en/news/shell-cashes-out-of-aphrodite-as-cyprus-still-waits-for-first-gas
Shell is leaving Cyprus’ Aphrodite gas field in a deal worth as much as $720 million, handing its share to Hungary’s MOL Group before the long-delayed project receives its final investment approval....
https://knews.kathimerini.com.cy/en/news/€156-million-and-still-suffocating-minister-tells-municipalities-to-explain
If government funding for municipalities rose from €70 million to €117 million, why are local authorities now saying they cannot breathe financially?...
https://knews.kathimerini.com.cy/en/news/paphos-hotel-death-father-goes-on-trial-over-three-year-old-s-fatal-fall
A case that stunned the country returns to the spotlight today as the trial of a 37-year-old father accused over the death of his three-year-old son gets underway at the Paphos District Court....
https://knews.kathimerini.com.cy/en/news/fifa-puts-world-cup-up-for-sale-in-$20-billion-wall-street-play
Gianni Infantino wants to turn international football into private equity. FIFA’s plan to carve off a 20 per cent stake in its commercial empire for $4.2 billion has met immediate resistance across Europe and beyond....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-best-sub-custodian-bank-in-cyprus-2026-by-global-finance
Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, one of the world’s leading international financial publications, reaffirming the Bank’s strong position in custody and post-trade services in the Cyprus market....
https://knews.kathimerini.com.cy/en/news/the-€5-and-€20-in-your-wallet-could-soon-look-very-different
Take a look at the euro notes in your wallet. The €5 you use for your morning coffee, the €20 you hand over at the supermarket, or the €50 you keep aside for emergencies could look very different in the coming years....
https://knews.kathimerini.com.cy/en/news/court-orders-€164-585-asset-confiscation-in-limassol-drug-trafficking-case
A Limassol criminal court has ordered the confiscation of assets worth €164,585 following the conclusion of financial investigations linked to a major drug trafficking case....
https://knews.kathimerini.com.cy/en/news/supreme-court-deals-major-blow-to-prosecutors-in-tziapoura-case
One of Cyprus' most closely watched criminal investigations has hit a major legal setback after the Supreme Court rejected an appeal by the attorney general, ruling that police did not have enough evidence to justify searching two bank safety deposit boxes belonging to jeweler Natalie Tziapoura....
https://knews.kathimerini.com.cy/en/business/cyprus-records-eu-s-second-largest-annual-drop-in-public-debt
Cyprus recorded the second-largest annual reduction in government debt among European Union member states during the first quarter of 2026, according to figures released by Eurostat on Tuesday....
https://knews.kathimerini.com.cy/en/news/woman-injured-after-handbag-snatched-by-moped-riders
A 38-year-old woman suffered minor injuries after two people on a moped stole her handbag in Larnaca early on Tuesday, police said....
https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war
Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....
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/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/on-the-path-to-becoming-europe-s-leading-snack-brand
Alesto, the brand for nuts and dried fruits of Lidl, is undergoing a strategic evolution. At the heart of this transformation is the creation of a unique brand identity: Alesto is evolving from a classic product brand into a modern brand centered on enjoyment. With a sharper brand profile and new packaging, Alesto is being completely reimagined. The new concept puts the focus on quality, well-being, and conscious enjoyment, positioning the product range precisely at the intersection of conscious nutrition....
https://knews.kathimerini.com.cy/en/news/police-find-cannabis-hidden-in-dog-cage-during-drug-bust
A 63-year-old man is in custody after police discovered a significant stash of cannabis, hunting ammunition, and cash during a multi-stage operation on Wednesday afternoon. ...
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/news/€8-million-20-trips-and-one-robbery-report-ukrainian-woman-jailed-in-cyprus
A 32-year-old Ukrainian woman who brought nearly €8 million into Cyprus over the course of 20 trips has been sentenced to 20 months in prison by the Larnaca Permanent Criminal Court....
https://knews.kathimerini.com.cy/en/news/three-masked-men-rob-food-delivery-rider-at-knifepoint-in-limassol
A food delivery rider was attacked and robbed late on Tuesday night in the Limassol district, according to police....
https://knews.kathimerini.com.cy/en/news/woman-jailed-for-six-months-over-laughing-gas-possession-and-illegal-stay
A 25-year-old woman has been sentenced to six months in prison after the Famagusta District Court found her guilty of possessing nitrous oxide, commonly known as laughing gas, and remaining in Cyprus without legal status....
https://knews.kathimerini.com.cy/en/news/teenagers-remanded-after-alleged-mugging-in-nicosia
Two people aged 19 and 17 have been remanded in custody for six days following the reported theft of cash-filled envelopes from a 41-year-old man in Nicosia....
https://knews.kathimerini.com.cy/en/news/major-cocaine-and-weapons-haul-uncovered-in-larnaca-home-raid-images
A routine court-approved search at a home in Larnaca quickly escalated into a major drug and weapons investigation after authorities say they uncovered more than 3 kilograms of cocaine, a shotgun, cash and a stockpile of fireworks....
https://knews.kathimerini.com.cy/en/news/no-more-cash-rent-new-payment-rule-takes-effect-across-cyprus-from-july-1
If you pay your rent in cash, that habit is about to become a thing of the past....
https://knews.kathimerini.com.cy/en/news/from-dubai-to-limassol-the-gang-police-say-brought-fear-fire-and-extortion-to-cyprus
Arson attacks, shootings, extortion and money laundering — these are among the allegations Cypriot police and judicial authorities are attributing to a group of Russian-speaking criminals originally from the former Soviet Union....
https://knews.kathimerini.com.cy/en/news/customs-seize-nearly-€200-000-hidden-in-socks-at-paphos-airport
Customs officers at Paphos Airport confiscated nearly €200,000 in undeclared cash from a passenger arriving from Ireland....
https://knews.kathimerini.com.cy/en/news/elderly-woman-allegedly-forced-into-car-and-taken-to-atm-in-terrifying-ordeal
Police have arrested two men in connection with the alleged kidnapping and intimidation of a 69-year-old woman in the Morphou district, in a case that has raised concern over crimes targeting elderly residents....
https://knews.kathimerini.com.cy/en/news/€208-000-in-cash-seized-at-agios-dometios-crossing
Customs officers at the Agios Dometios crossing point seized more than €208,000 in cash hidden inside dozens of envelopes during a vehicle inspection on Tuesday, raising fresh concerns over the movement of undeclared money across the Green Line....
https://knews.kathimerini.com.cy/en/business/crypto-users-could-now-be-taxed-without-cashing-out
Crypto investors in Cyprus are entering a very different landscape this year, as new tax rules tighten the government’s grip on digital assets and close loopholes many traders had relied on for years....
