https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
https://knews.kathimerini.com.cy/en/comment/opinion/popcorn-entertainment-and-seriousness
From its formulaic treatment of the trauma of 1974 to references to landmarks that miss the mark, such as calling Nicosia's Eleftheria Square the "Post Office Square," and from there to portraying ultra-luxury seaside resorts as the ultimate destination, the show risks reinforcing long-standing misconceptions about Cyprus among audiences in Greece....
https://knews.kathimerini.com.cy/en/news/more-foreign-patients-fly-to-china-for-cancer-treatment
A growing shift in global medicine is seeing more patients travel abroad for life-saving treatments that are either unavailable at home or come at a fraction of the cost, according to an article in Bloomberg....
https://knews.kathimerini.com.cy/en/business/cap-st-georges-hotel-resort-celebrates-an-exceptional-achievement-with-10-awards-at-the-cyprus-tourism-awards-2025-and-the-cyprus-estia-awards-2026
Cap St Georges Hotel & Resort is proud to announce an exceptional achievement at the prestigious Cyprus Tourism Awards 2025 and Cyprus Estia Awards 2026, securing a total of ten distinguished accolades that reaffirm its position among Cyprus' leading luxury hospitality destinations....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up
The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/news/athienou-launches-plan-to-transform-organic-waste-into-valuable-compost
AKTI Project and Research Centre, in collaboration with Athienou Municipality, is developing the Athienou Resilience Hub through the European NURISH project, an initiative focused on creating a circular approach to managing organic waste generated in the area....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/business/cyprus-signs-tax-deal-with-kyrgyzstan-to-strengthen-business-ties
Cyprus and Kyrgyzstan have signed a new agreement designed to make doing business between the two countries easier, while helping prevent tax evasion and providing greater certainty for investors....
https://knews.kathimerini.com.cy/en/news/free-breakfast-for-3-600-kindergarten-children-in-cyprus
More than 3,600 kindergarten children in Cyprus are now receiving free breakfast at public schools in Larnaca and free Famagusta, under a new pilot program launched by the Ministry of Education, Sports and Youth....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/1-holiday-rental-prices-in-cyprus-rise-as-summer-demand-peaks
Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer season....
https://knews.kathimerini.com.cy/en/news/heating-and-cooling-account-for-70-of-household-energy-use-in-cyprus
Heating and cooling make up around 70 per cent of household energy use in Cyprus, according to a report released on Thursday by the European Commission’s Joint Research Centre (JRC), which examined heat pump markets across European Union member states....
https://knews.kathimerini.com.cy/en/news/is-nuclear-power-back-on-the-table-for-cyprus-energy-future
Speaking from the Green Agenda conference stage, former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas outlined the potential for Cyprus to join a growing group of countries exploring small modular reactors (SMRs) as part of their future energy mix....
https://knews.kathimerini.com.cy/en/business/greek-shipowners-turn-to-cyprus-flag-as-registry-gains-momentum
More Greek-owned ships are choosing to sail under the Cyprus flag, in a growing trend that Cypriot officials say is strengthening the island’s already significant role in global shipping....
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
https://knews.kathimerini.com.cy/en/business/nvidia-vp-sees-ai-as-a-tool-to-help-cyprus-tackle-traffic-water-and-climate-changes
Artificial intelligence has the potential to help tackle some of Cyprus’ biggest challenges, from energy and water management to climate resilience and traffic congestion, according to John Josephakis, Global Vice President of HPC/Supercomputing at NVIDIA....
https://knews.kathimerini.com.cy/en/news/former-minister-drops-bombshell-politics-holding-cyprus-back
Comments made by former Energy Minister Giorgos Papanastasiou at the Green Agenda Summit sparked discussion on Thursday, as he openly criticized political and party interference in Cyprus’ energy sector, arguing that it has delayed critical projects and weakened the country’s energy planning.
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https://knews.kathimerini.com.cy/en/news/eu-positions-firefighting-aircraft-in-cyprus-before-summer-fire-season
Cyprus has already received two RescEU firefighting aircraft, which are now based at the new European Regional Firefighting Station. The facility is expected to be officially inaugurated later this year....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-one-of-europe-s-highest-rates-of-illicit-cigarette-use
Cyprus ranked among the European countries with the highest share of illicit cigarette consumption in 2025, according to findings presented this week at a conference in Brussels focused on illegal trade and security challenges across Europe....
https://knews.kathimerini.com.cy/en/business/good-news-for-tourism-uk-and-us-ease-travel-advisories-for-cyprus
The summer season is getting off to an encouraging start for Cyprus' tourism industry, which has faced growing uncertainty in recent months due to the crisis and geopolitical tensions in the Middle East....
https://knews.kathimerini.com.cy/en/comment/opinion/veto-or-not
Events are unfolding quickly. Germany is stepping up its push for major institutional reforms within the European Union, with the primary goal of curbing the veto power of member states in critical foreign policy decisions. Cyprus needs to follow developments carefully, make full use of every diplomatic tool available within the European arena, and keep four facts in mind....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-honours-aca-acca-and-academic-excellence-award-recipients
PwC Cyprus held an ACA, ACCA and Academic Excellence Award Ceremony at the PwC’s Experience Center, recognising the outstanding academic achievements of its people in professional and university examinations. The ceremony took place in the presence of Philippos Soseilos, CEO of PwC Cyprus, Anna Loizou, Partner and Chief People Officer, and Costas Seraphim, Professional Qualifications Lead and Consultant, PwC Academy....
https://knews.kathimerini.com.cy/en/news/provocative-salaries-pensions-and-payouts-for-mps
One issue that has come back into focus is the generous pension package, lump-sum payments, and salaries enjoyed by members of the House of Representatives. Unsurprisingly, no MP has ever stepped forward to defend them....
https://knews.kathimerini.com.cy/en/business/more-cypriots-are-finding-work-but-young-people-are-still-struggling-to-get-hired
Finding a job in Cyprus may finally be getting a little easier, at least for many adults already in the workforce....
https://knews.kathimerini.com.cy/en/news/families-students-and-pet-owners-set-sail-again-from-limassol
For many Cypriots, summer does not truly begin until the Cyprus-Greece ferry pulls out of Limassol port....
