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. ...
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/business/they-came-to-clean-hotels-but-ended-up-working-in-constructions-sites
A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....
https://knews.kathimerini.com.cy/en/news/fidias-hits-back-after-video-leaks-his-office-details-calls-it-a-‘security-threat
MEP Fidias Panagiotou has responded publicly after a video showing details of his parliamentary office circulated online, calling the leak illegal, dangerous, and part of what he describes as an ongoing campaign against him....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/news/nepotism-allegations-raised-over-public-sector-appointments-in-polis-chrysochous
Serious allegations of misconduct and procedural violations have been raised concerning recent hiring decisions at the Municipality of Polis Chrysochous, following a complaint submitted by Deputy Mayor of Kritou Terra, Dervis Charalambous....
https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/news/high-electricity-bills-aren-t-going-anywhere-in-2026
Uncertainty surrounding Cyprus’ biggest energy projects is expected to persist through 2026, as delays at the liquefied natural gas terminal in Vasiliko and mounting complications with the electricity interconnector leave little room for optimism....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/eu-infringement-package-flags-cyprus-for-delays-across-food-finance-and-energy-rules
The European Commission’s January infringements package has placed Cyprus under renewed scrutiny, with the country cited in a broad range of cases for failing to fully transpose or notify European Union legislation....
https://knews.kathimerini.com.cy/en/comment/opinion/2026-will-define-the-eurozone-s-future
The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....
https://knews.kathimerini.com.cy/en/news/paphos-xeros-and-dhiarizos-valleys-could-soon-join-the-unesco-biosphere-reserve-network
Efforts are underway to advance the inclusion of the Xeros and Dhiarizos river valleys in UNESCO’s World Network of Biosphere Reserves, with a series of community-focused meetings recently held in Paphos District....
https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions
A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....
