https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/keep-calm-and-eat-pork-cyprus-food-market-adjusts-to-foot-and-mouth-fears
The market has not come to a halt, but there is clear anxiety, with some shoppers worried about both the availability and the price of milk and lamb ahead of the holiday period. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-firefighting-fleet-with-black-hawk-helicopter-deal
The Ministry of Defence has finalized a leasing deal for four Black Hawk helicopters to strengthen Cyprus’ firefighting capacity ahead of the 2026 wildfire season....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-out-with-the-bases
When this whole mess is over, we really should sit down and have an honest conversation with the British about the future of the bases. That’s what the president said, and for once, he’s probably voicing what most people are thinking. ...
https://knews.kathimerini.com.cy/en/news/cyprus-new-archaeological-museum-pushed-to-2029-opening
Cyprus’ long-awaited new archaeological museum is now expected to open its doors in 2029, a timeline that is already sparking both excitement and frustration as lawmakers toured the massive construction site in Nicosia on Thursday....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/business/halloumi-exports-tested-as-foot-and-mouth-disease-spreads
The continued spread of foot-and-mouth disease has raised serious concern across Cyprus’s agri-food sector and business community, particularly regarding halloumi, the country’s most important agricultural export....
https://knews.kathimerini.com.cy/en/business/return-to-single-buyer-electricity-market-proposed-for-cyprus
A debate has emerged over the structure of Cyprus’s electricity market after Odysseas Michaelides suggested that electricity prices could fall if the country returned to a centralized purchasing system dominated by the Electricity Authority of Cyprus (AHK)....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories
Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...
https://knews.kathimerini.com.cy/en/news/anger-after-stranded-americans-in-iraq-evacuated-by-british-raf-to-akrotiri
A group of American diplomats and intelligence personnel were evacuated from northern Iraq by the British Royal Air Force after being left waiting for hours without a confirmed extraction plan during escalating regional tensions....
https://knews.kathimerini.com.cy/en/news/new-polis-chrysochous-hospital-and-national-cancer-institute-to-open-by-2028
Cyprus is getting ready for a big boost in healthcare, with a new hospital in Polis Chrysochous set to open by the end of 2028, Health Minister Neophytos Charalambides announced. ...
https://knews.kathimerini.com.cy/en/news/strong-year-for-aegean-as-profits-climb-to-€147-8-million
AEGEAN announces its operating and financial results for fiscal year 2025, confirming its consistent growth path....
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-fined-€160-000-over-unfair-mortgage-loan-clauses
Cyprus’ Consumer Protection Service (CPS) has imposed a €160,000 administrative fine on Alpha Bank Cyprus Ltd after determining that certain clauses in its mortgage loan agreements with consumers were unfair and insufficiently transparent....
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-crisis-leaves-35-000-sailors-and-cruise-passengers-stranded-in-gulf
About 20,000 merchant sailors and roughly 15,000 cruise passengers are currently unable to leave the Arabian Gulf as tensions between the United States and Iran threaten maritime traffic through the Strait of Hormuz, according to the United Nations’ shipping agency....
https://knews.kathimerini.com.cy/en/news/parliament-bans-age-discrimination-in-vehicle-insurance
Cyprus’ House of Representatives has approved new legislation aimed at preventing insurance companies from refusing vehicle coverage solely on the basis of a driver’s age. ...
https://knews.kathimerini.com.cy/en/news/russia-weighs-redirecting-gas-away-from-europe-while-iran-conflict-pushes-energy-prices-higher
Russian President Vladimir Putin has indicated that Moscow could suspend natural gas deliveries to Europe if current market conditions persist, as global energy prices climb amid intensifying tensions involving Iran....
https://knews.kathimerini.com.cy/en/news/€10-million-nicu-project-at-makarios-hospital-back-on-track-for-2027-completion
Makarios Hospital is set to gain a new Neonatal Intensive Care Unit (NICU) after the contract for the project was officially awarded....
https://knews.kathimerini.com.cy/en/business/cyprus-shadow-network-for-recruiting-foreign-workers
An extensive, largely unseen system for recruiting foreign workers appears to have been operating for years behind the official structures of Cyprus’ labor market....
https://knews.kathimerini.com.cy/en/news/unions-warn-cyprus-faces-power-and-water-shortfalls-without-urgent-action
Cyprus could face serious shortages of both electricity and water, including possible power outages, if authorities do not act quickly, trade unions at the Electricity Authority of Cyprus (EAC) have warned....
https://knews.kathimerini.com.cy/en/news/higher-pay-higher-recruitment-age-and-service-extended-to-57-for-contract-military
The Council of Ministers approved a package of measures affecting Cyprus’s contract soldiers (SYOP) during its meeting on Tuesday, announcing changes aimed at strengthening staffing levels and improving incentives within the National Guard....
https://knews.kathimerini.com.cy/en/business/cyprus-hotel-licensing-rises-to-45-from-5-6-in-2023
Cyprus has made major progress in bringing its hotel sector into compliance with licensing requirements, with the share of properly licensed hotels rising sharply from just 5-6% in 2023 to about 45% today, Deputy Minister of Tourism Kostas Koumis told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department
Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/paphos-turkish-cypriot-properties-under-investigation-after-mismanagement-allegations
Following complaints involving the Municipality of Paphos and its suspended mayor over the handling of Turkish Cypriot properties, Cyprus’s Ministry of Interior has launched a review of leasing practices managed by the Turkish Cypriot Properties Management Service....
https://knews.kathimerini.com.cy/en/news/ambulance-transfers-surge-from-5-000-to-45-000-in-cyprus-with-no-staff-increase
Cyprus’ long-delayed plan to create a National Ambulance Authority returned to the spotlight on Thursday during a session of the Parliamentary Health Committee....
https://knews.kathimerini.com.cy/en/news/busiest-green-line-crossing-expansion-completed-at-agios-dhometios
Construction work funded by the European Union at the Agios Dhometios crossing point has now been completed, bringing major improvements to the busiest Green Line crossing in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-water-crisis-deepens-as-dams-run-half-empty
This winter’s performance, at least when it comes to water flowing into Cyprus’ dams, has created what officials describe as an explosive situation. ...
https://knews.kathimerini.com.cy/en/news/gesy-system-failures-trigger-delays-patient-backlogs-and-longer-working-hours-for-doctors
A nationwide survey by the Cyprus Medical Association (CMA) indicates widespread dissatisfaction among doctors with the performance and reliability of the IT platform used for Cyprus’ General Health System (GESY), with the vast majority reporting repeated outages and technical disruptions....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-get-back-€67-million-eu-cash-for-stalled-lng-project
Cyprus is taking steps to recover €67 million in European Union funding for the long-delayed liquefied natural gas (LNG) terminal in Vasilikos, Energy Minister Michalis Damianou told lawmakers Tuesday....
https://knews.kathimerini.com.cy/en/news/€1-2bn-to-rearm-the-cyprus-national-guard
The approval of the Republic of Cyprus’ application to participate in the EU’s SAFE regulation (Security Action for Europe) opens a new chapter in the National Guard’s armaments program, the largest since its establishment. ...
