https://knews.kathimerini.com.cy/en/business/another-ecb-rate-hike-is-on-the-horizon
Europe may be heading for another interest rate increase, and households could once again feel the impact....
https://knews.kathimerini.com.cy/en/business/timur-turlov-announces-candidacy-for-fide-president
Timur Turlov, CEO of Freedom Holding Corp. and President of the Kazakhstan Chess Federation, has announced that he will run for President of the International Chess Federation (FIDE). The leadership elections will take place on 26 and 27 September 2026 in Samarkand, during the organisation's General Assembly and alongside the 46th World Chess Olympiad....
https://knews.kathimerini.com.cy/en/comment/opinion/the-housing-crisis-is-not-just-about-homes-it-s-about-cyprus-future
The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....
https://knews.kathimerini.com.cy/en/news/hundreds-of-thousands-flee-as-violent-wildfires-sweep-western-europe
Emergency operations across France and Spain are attempting to contain severe wildfires that have forced nearly 270,000 people from their homes. ...
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/national-council-meets-ahead-of-guterres-visit-as-phidias-bows-out-and-sends-mike-spanos-instead
With UN Secretary-General António Guterres arriving in Cyprus on Monday for fresh talks on the island's future, President Nikos Christodoulides is bringing political leaders together today to discuss what comes next....
https://knews.kathimerini.com.cy/en/news/cyprus-is-desperate-for-water-but-wasting-what-it-already-has
At a time when climate change is reshaping the way countries collect and manage water resources, Cyprus is facing a major contradiction: the island is struggling with water shortages while millions of cubic meters of treated wastewater remain unused....
https://knews.kathimerini.com.cy/en/news/prison-guards-union-accuses-justice-minister-of-lying-as-row-explodes-into-public-showdown
A bitter public feud between the Justice Ministry and Cyprus' prison guards has escalated, with the prison guards' union ISOTITA accusing Justice Minister Kostas Fytiris of giving contradictory explanations about why he refused to meet union representatives during a recent visit to the Central Prisons....
https://knews.kathimerini.com.cy/en/comment/opinion/forget-the-football-the-real-match-in-cyprus-is-about-to-start
"The game is starting, leave me alone now, the time has come, the game is starting. Nobody move, be quiet, the game is starting."...
https://knews.kathimerini.com.cy/en/news/us-school-introduces-ai-robot-teacher-s-assistant
A New York school district is preparing to do something that sounds like science fiction: bring a humanoid robot into a classroom....
https://knews.kathimerini.com.cy/en/news/fire-breaks-out-in-high-security-wing-of-central-prisons
A fire broke out late Sunday night in a high-security wing of Cyprus Central Prisons, with police saying three inmates are believed to have deliberately started the blaze....
https://knews.kathimerini.com.cy/en/news/police-arrest-suspected-mastermind-of-international-terrorist-network
A major breakthrough has occurred in the ongoing counter-terrorism investigation spanning Cyprus, Greece, and international security agencies. Members of the Larnaca Criminal Investigation Department (CID) have apprehended a 41-year-old foreign national believed to be the principal director of the network....
https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/business/leptos-estates-launches-bel-air-gardens-a-new-garden-inspired-residential-community-in-yeroskipou
Leptos Estates announces the launch of Bel Air Gardens, a new residential development in Yeroskipou, Paphos, created for a balanced and connected way of life. Combining 112 contemporary residences with landscaped outdoor spaces, a central swimming pool and a welcoming community environment, the development introduces a fresh lifestyle concept just minutes from the city and the beach....
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/alphamega-hypermarkets-invest-in-people-and-the-future-of-the-butchery-profession
Alphamega Hypermarkets recently held the graduation ceremony for the fourth graduating class of its Butchery Academy, reaffirming their long-standing commitment to investing in people, education and the development of professions that bring real value to the Cypriot market....
https://knews.kathimerini.com.cy/en/news/a-new-safety-net-for-cyprus-banks-or-a-brake-on-the-economy
The news that the Central Bank of Cyprus is considering activating the Systemic Risk Buffer came as a ''bombshell'' for local banks and, as expected, has divided opinion....
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/news/monday-matrix-inland-heat-hits-40°c-as-july-demands-a-double-shot-of-espresso
That omnipresent seasonal low pressure is running the show today, delivering a textbook mix of intense heat and bright blue skies. For those of us working inland today, it’s a standard July cooker. Temperatures are forecast to hit a flat 40°C across the central plains....
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/news/the-missing-links-keeping-cyprus-beaches-out-of-reach-for-wheelchair-users
Over the last seven years, Cyprus has taken various steps to make its beaches more accessible to people with disabilities. Yet, getting into the sea is only part of the equation. ...
https://knews.kathimerini.com.cy/en/news/new-raf-helicopters-arrive-at-akrotiri
Three new Airbus H145 Jupiter HC Mk2 helicopters are being introduced at RAF Akrotiri, with the first aircraft completing its maiden flight from the Cyprus base this week....
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-first-energy-exports-from-2028
Cyprus expects to begin exporting energy from its own natural gas reserves within the next few years, with the first shipments of gas planned through Egypt's liquefied natural gas facilities from 2028 onwards, Energy Minister Michalis Damianos has said....
https://knews.kathimerini.com.cy/en/business/ve-very-exclusive-accessories-ltd-unveils-the-swarovski-fall-winter-2026-collection-at-an-exclusive-event-in-cyprus
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/golden-defence-deals-and-tough-messages-to-putin-and-iran
The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-is-strengthening-its-customer-centric-model-through-a-new-strategic-investment-in-digital-transformation
Alpha Bank Cyprus is taking another significant step in its digital transformation journey, further strengthening its customer-centric operating model through a new strategic investment that upgrades the way it serves, communicates with, and responds to the needs of its Customers....
https://knews.kathimerini.com.cy/en/news/health-officials-warn-of-higher-legionella-risk-during-summer-heat
The Department of Labour Inspection has called for stricter monitoring and maintenance of water systems as high summer temperatures increase the likelihood of Legionella bacteria developing in certain installations....
https://knews.kathimerini.com.cy/en/business/gevorest-stops-time-at-shopping-malls
Gevorest, faithful to its commitment to promoting sleep quality since 1967, announces the launch of its new event series, "The Ypnos Gold Challenge." On the occasion of the new campaign for the iconic Ypnos Gold mattress, Gevorest invites the public to disconnect from the intensity of everyday life and discover the importance of quality sleep through a unique, multi-sensory experience....
https://knews.kathimerini.com.cy/en/news/prison-officers-warn-cyprus-jail-system-is-nearing-collapse-in-plea-to-president
Prison officers have appealed directly to President Nikos Christodoulides, warning that Cyprus' prison system is nearing breaking point and claiming staff safety is being placed at unacceptable risk because of overcrowding and severe staff shortages....