https://knews.kathimerini.com.cy/en/news/wave-of-threats-escalates-against-customs-department-staff-and-management
“We are not intimidated by threats,” declares the Customs Officers Branch of PASYDY in a statement condemning “in the strongest terms the threats directed at members of the staff and management of the Customs Department, which in recent times have escalated dangerously and blatantly.”...
https://knews.kathimerini.com.cy/en/business/protect-cypriot-businesses-before-they-re-bought-out-chamber-chief-warns
The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....
https://knews.kathimerini.com.cy/en/news/kpmg-in-cyprus-ignites-innovation-with-the-2025-summer-business-game
On 25 June 2025, KPMG in Cyprus turned its Nicosia offices into a hub of innovation and entrepreneurial spirit with the 8th annual Business Game....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-e-kalathi-falls-flat-says-consumer-group
It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....
https://knews.kathimerini.com.cy/en/news/25th-petrolina-annual-general-meeting
On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/business/long-term-government-bonds-face-growing-investor-pushback
Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....
https://knews.kathimerini.com.cy/en/news/cypriots-cruise-into-summer-despite-rising-costs
Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....
https://knews.kathimerini.com.cy/en/news/greece-eyes-3-year-university-degrees-but-not-everyone-s-on-board
Greece is gearing up to shorten university degrees from four years to three, but not without a fight. Professors, public university officials, and some students are already lining up to challenge the reform, which they see as a threat to the country’s long-standing academic structure....
https://knews.kathimerini.com.cy/en/news/precision-meets-prestige-porsche-cyprus-and-minthis-unite-in-a-landmark-lifestyle-collaboration
On May 17th, Porsche Cyprus and Minthis Resort came together to host an exclusive event that redefined lifestyle experiences through the Porsche Golf Open — a striking celebration of performance, elegance, and shared values....
https://knews.kathimerini.com.cy/en/news/eu-proposes-€2-fee-on-packages-from-china-based-retailers-like-shein-temu
The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....
https://knews.kathimerini.com.cy/en/news/cyprus-surges-in-eurovision-odds-ahead-of-69th-song-contest
Cyprus has emerged as a surprise contender in the 69th Eurovision Song Contest, with its entry ''Shh'' by Theo Evan climbing sharply in betting odds just days before the semifinals....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/news/greece-targets-ferry-duopoly-as-costs-soar-and-competition-sinks
Greece’s Competition Commission has launched a full investigation into the coastal passenger ferry industry following evidence of price-fixing and market distortion among dominant operators....
https://knews.kathimerini.com.cy/en/news/education-ministry-slammed-for-millions-spent-and-cut-corners-in-dodgy-deals
A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....
https://knews.kathimerini.com.cy/en/news/freedom24-makes-waves-in-thrilling-winter-regatta-finale
On the 27th of April in Limassol Marina the final stage of the Fareast 28R Cyprus Winter Grand Prix regatta came to an end. The fastest team was the Estonian Clean Energy team led by former European and World Champion Mati Sepp....
https://knews.kathimerini.com.cy/en/business/european-hoteliers-take-on-booking-com-over-high-commissions
Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....
https://knews.kathimerini.com.cy/en/news/libertex-and-apollon-wheelchair-basketball-team-teamwork-respect-and-resilience
As part of its ongoing commitment to inclusion, community empowerment, and local sports, Libertex, part of the Libertex Group and one of the leading online brokers, visited the Apollon Wheelchair Basketball Team during a special training session held in the team’s home court....
https://knews.kathimerini.com.cy/en/news/christodoulides-walks-a-diplomatic-tightrope-with-high-stakes-visit-to-israel
President Nikos Christodoulides’ upcoming visit to Israel on May 4 comes at a critical time for the Eastern Mediterranean, with energy disputes, shifting alliances, and ongoing conflicts shaping the region’s future....
https://knews.kathimerini.com.cy/en/news/no-pork-prices-haven-t-gone-up-because-of-e-kalathi-retail-chief-says
If you’ve noticed pork prices creeping up lately, you’re not imagining things. But according to the head of Cyprus’ Retail Trade Association, Marios Antoniou, it has nothing to do with the upcoming launch of e-Kalathi, the state’s digital price comparison tool....
https://knews.kathimerini.com.cy/en/news/foreign-owned-hair-salons-draw-scrutiny-over-operating-hours-lack-of-oversight
The Pancyprian Federation of Hairdressers and Barbers is raising concerns about what it describes as unfair competition from hair salons and barbershops operated by foreign nationals....
https://knews.kathimerini.com.cy/en/news/tourism-win-housing-headache-as-airbnbs-boom-in-cyprus
With over 12,000 short-term rentals currently in operation (and counting), Cyprus has become a hotspot for travelers seeking more flexible and often cheaper accommodation than traditional hotels. ...
https://knews.kathimerini.com.cy/en/business/why-the-u-s-china-trade-war-matters-to-cyprus-and-europe
As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...
https://knews.kathimerini.com.cy/en/news/is-the-lambradja-tradition-a-rite-of-youth-or-just-lawlessness-in-disguise
Every Easter, Cyprus lights up with the glow of lambradjas, towering bonfires that have become a deeply rooted tradition for many communities. But what exactly are they today? A fun way for young people to bond and celebrate, or a risky ritual teetering on chaos?...
https://knews.kathimerini.com.cy/en/news/kathikas-brings-back-the-passion-a-village-s-good-friday-tradition-lives-on
The mountain village of Kathikas in the Paphos district is once again bringing history and faith to life tonight, Good Friday, as locals prepare to take part in a powerful and moving reenactment of Christ’s path to Golgotha, a tradition that’s now been going strong for nearly half a century....
https://knews.kathimerini.com.cy/en/news/banquet-hall-in-nicosia-built-and-operating-without-permits
A building in Nicosia that now operates as a popular banquet and events hall was constructed and opened without the proper permits or approvals, according to a damning report by the Auditor General of the Republic. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-buys-out-ethniki-insurance-in-€29-5m-deal
The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....