https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
https://knews.kathimerini.com.cy/en/comment/opinion/casper-the-friendly-ghost-claims-responsibility-as-cyprus-enters-the-age-of-amateur-terror
Until now, we knew July 9th as the dark day in 1821 when the Ottomans hanged Archbishop Kyprianos for his involvement in the Greek War of Independence. We also knew July 9th as the title of a powerful epic poem by Vasilis Michaelides about the massacres of that day. ...
https://knews.kathimerini.com.cy/en/business/israeli-developers-to-launch-€40m-high-rise-project-in-larnaca
An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/news/weekend-drives-just-got-easier-with-new-limassol–saittas-link
If you’re heading out of Limassol this weekend, your drive just got a little easier....
https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project
Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-goes-hi-tech-with-cashless-hassle-free-parking
Say goodbye to paper tickets and long queues; Nicosia’s Old GSP parking lot is stepping into the future. Starting Monday, July 7, drivers will experience a brand-new, cashless and user-friendly parking system designed to make city parking quicker, smoother, and more environmentally friendly....
https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan
Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....
https://knews.kathimerini.com.cy/en/news/paralimni-scraps-car-free-plan-goes-for-a-greener-smarter-town-center
Big changes are coming to the heart of Paralimni, just not the kind originally planned....
https://knews.kathimerini.com.cy/en/news/u-s-embassy-in-cyprus-celebrates-independence-day-with-new-jersey-flair
The U.S. Embassy in Cyprus kicked off Independence Day festivities early this year with a vibrant celebration on July 1 at the University of Cyprus, blending American tradition with a creative homage to the state of New Jersey....
https://knews.kathimerini.com.cy/en/business/new-governance-structure-cuts-costs-in-provincial-agencies-officials-say
In response to recent reports about salaries and allowances within the Provincial Self-Government Organizations (EOAs), officials released clarifications Wednesday aimed at providing a fuller picture of the situation....
https://knews.kathimerini.com.cy/en/news/echr-rules-cyprus-mishandled-rape-allegation-citing-discrimination-and-procedural-failures
The European Court of Human Rights (ECHR) has ruled that Cypriot authorities violated the rights of a woman who alleged she was raped in 2011, finding the state failed to properly investigate and prosecute her claims and applied sexist stereotypes during the process....
https://knews.kathimerini.com.cy/en/news/scandal-deepens-in-socialite-crime-ring-case-as-family-returns-to-court
The scandal surrounding a 37-year-old businesswoman and socialite at the center of a suspected organized crime ring in Cyprus took a darker turn this week, with her parents and brother once again brought before the Nicosia District Court....
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/comment/opinion/nikaros-varosiotou-strovolos-and-the-one-billion
“The DISY party was not created to serve anyone’s personal ambitions!” When that comes out of Nikos Anastasiades’ mouth, it takes on an altogether different meaning....
https://knews.kathimerini.com.cy/en/news/cyprus-wasted-a-sunny-day-s-worth-of-solar-power-and-burned-fuel-instead
In a bizarre twist for sunny Cyprus, fossil fuel power plants pumped out more electricity than renewables on Monday, even under ideal conditions for solar energy....
https://knews.kathimerini.com.cy/en/news/audit-flags-major-design-flaws-in-new-bus-shelters
The new bus shelters rolled out across the city suffer from a combination of three major design flaws, according to a report by the Audit Office....
https://knews.kathimerini.com.cy/en/news/free-cabin-bags-could-soon-be-law-in-the-eu-but-airlines-aren-t-happy
Those frustrating extra fees for carrying a small bag onto a flight may soon be grounded, for good....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/comment/opinion/one-in-four-students-leaves-primary-school-with-critically-low-skills
The dust has long settled on the issue. After a period of obsessive opposition and a kind of cat-and-mouse resistance to the now-infamous ''quarterly exams,'' the government ultimately gave in to public pressure. ...
https://knews.kathimerini.com.cy/en/news/tourism-holds-steady-in-cyprus-despite-middle-east-tensions
Despite the ongoing unrest in the Middle East, Cyprus’ tourism sector is proving both vulnerable and resilient, as a surge in advance bookings acts as a safety net for hoteliers and travel operators....
https://knews.kathimerini.com.cy/en/news/u-s-steps-in-to-modernize-paphos-air-base
The long-anticipated modernization of the Andreas Papandreou Air Base in Paphos is officially underway, marking a major step forward in U.S.-Cyprus defense cooperation and the Republic’s growing strategic role in the Eastern Mediterranean.
...
https://knews.kathimerini.com.cy/en/news/mp-s-approve-€100m-fund-to-aid-2013-bank-crisis-victims
Twelve years after the 2013 banking crisis devastated thousands of depositors and investors, Cyprus’ Parliament has approved a long-awaited budget for the National Solidarity Fund, unlocking €100 million in compensation for those hardest hit....
https://knews.kathimerini.com.cy/en/news/ship-full-of-electric-cars-sinks-in-pacific-now-the-ocean-could-pay-the-price
A cargo ship carrying over 3,000 vehicles, including hundreds of electric and hybrid cars, has sunk deep in the North Pacific, sparking serious concerns about battery contamination and a potential marine pollution disaster....
https://knews.kathimerini.com.cy/en/comment/opinion/of-patriots-politicians-and-souvlakia-cyprus-in-all-its-glory
The ''Never-Surrender'' Tornaritis is aiming for double digits with his new movement, ''Rise Up.'' And he’s absolutely convinced it’s going to stir the waters. Sound crazy? Not to me....
https://knews.kathimerini.com.cy/en/business/woman-battles-to-save-her-home-despite-bureaucratic-silence
Despite never missing a payment, Elena Yasemidou is on the brink of losing her home. She's a victim, she says, of bureaucratic neglect and heartless inflexibility....
https://knews.kathimerini.com.cy/en/news/wizz-air-wins-the-world-finance-most-sustainable-low-cost-airline-award-for-the-fifth-consecutive-year
Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...
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....