https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank
Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....
https://knews.kathimerini.com.cy/en/news/october-newsletter-of-k-treppides-co-ltd-–-31-10-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-staff-again-with-new-severance-offer
The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....
https://knews.kathimerini.com.cy/en/news/vafeades-pushes-for-high-speed-train-linking-three-cities-but-eu-won-t-fund-it
Minister of Transport, Communications and Works, Alexis Vafeades, is examining the possibility of connecting Nicosia, Larnaca, and Limassol through “a type of train, ideally a high-speed train.” ...
https://knews.kathimerini.com.cy/en/news/mps-blast-private-schools-for-turning-away-children-with-disabilities
Lawmakers in Cyprus were visibly frustrated on Wednesday as parents and disability advocates shared stories of private schools turning away children with disabilities or refusing to let them bring classroom aides....
https://knews.kathimerini.com.cy/en/news/is-water-on-the-rise-cyprus-faces-shortages-after-years-of-overuse-minister-warns
Cyprus is grappling with a severe and prolonged water shortage, a problem Agriculture Minister Maria Panayiotou described as decades in the making. ...
https://knews.kathimerini.com.cy/en/news/surprise-the-auditor-general-is-coming-to-your-counter
Auditor General Andreas Papaconstantinou told the House Finance Committee that the Audit Office will conduct sudden on-site inspections this month to evaluate how citizens experience public services....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/news/europe-s-economy-takes-a-breather-but-cyprus-isn-t-immune-to-the-cough
Europe’s economy is trying to catch its breath. Exports are slumping, inflation is lingering, and policymakers are now counting on people’s paychecks and steady jobs to keep things from stalling completely....
https://knews.kathimerini.com.cy/en/comment/opinion/when-€9-sheftalies-make-you-rethink-dining-in-cyprus
You know that moment when you’re asked to pay €9 for three tiny sheftalies? That’s when you start wondering if the bill secretly includes the server’s storytelling or the restaurant’s marketing pitch, because apparently, those are more important than the taste....
https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million
Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....
https://knews.kathimerini.com.cy/en/news/as-dams-run-dry-cyprus-farmers-brace-for-a-lost-season
Farmers across Cyprus have been advised not to plant seasonal crops this year as the island faces a historic drought that has left dams at just 10 to 11 percent capacity....
https://knews.kathimerini.com.cy/en/news/the-future-of-finance-five-key-trends-shaping-the-role-of-finance-leaders-by-2026
Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-dramatic-water-shortage-as-dam-levels-drop-to-11
Cyprus is facing a worsening water crisis, with dam reserves down to just 11% of capacity, about 33 million cubic meters, compared to 27% last year, officials told Parliament’s Agriculture Committee on Tuesday....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/authorities-seek-solutions-to-protect-larnaca-salt-lake
A recent incident involving two vehicles getting stuck at Larnaca’s Aliki Salt Lake highlighted ongoing violations in the area. Pedestrians and motorcyclists frequently trespass, prompting local authorities to explore ways to safeguard the sensitive environment....
https://knews.kathimerini.com.cy/en/news/rescue-underway-for-cars-stuck-in-salt-lake-owners-face-hefty-fines
Efforts are underway to rescue two vehicles trapped in Larnaca Salt Lake since last Wednesday, city officials confirmed. According to Mayor Andreas Vyras, a company will attempt to free the cars today, and if unsuccessful, will make another attempt on Thursday....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/when-paying-for-groceries-becomes-a-crowdfunding-campaign
In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....
https://knews.kathimerini.com.cy/en/news/cyprus-trade-deficit-widens-by-€1-billion-as-imports-surge
Cyprus’ trade deficit has ballooned by nearly €1 billion this year, reaching €5.15 billion between January and August 2025, as imports outpaced exports by a wide margin....
https://knews.kathimerini.com.cy/en/business/foreign-buyers-account-for-over-a-quarter-of-cyprus-property-sales
Foreign buyers from outside the European Union accounted for 27% of all property sales in Cyprus in 2024, the Audit Office said Wednesday during a parliamentary review of foreign real estate acquisitions....
https://knews.kathimerini.com.cy/en/comment/opinion/the-risk-is-not-only-geopolitical
The Cyprus-Crete electricity interconnection cable is full of thorny issues that, until resolved, would be better off out of the headlines. The project is making news for all the wrong reasons....
https://knews.kathimerini.com.cy/en/news/lakatameia-municipality-condemns-fourth-act-of-vandalism-in-one-year
The Municipality of Lakatameia reported Sunday that the park on Salaminos Street in Tseri has been vandalized for the fourth time within a year....
https://knews.kathimerini.com.cy/en/news/christodoulides-he-clearly-doesn-t-know-who-he-s-dealing-with
A new round of tension has erupted between Athens and Nicosia over the ambitious undersea electricity cable meant to connect Greece, Cyprus, and Israel, known as the GSI Interconnector, after a report suggested Greece’s power grid operator had challenged a funding decision by Cyprus’s energy regulator....
https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged
A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....
https://knews.kathimerini.com.cy/en/business/cyprus-records-zero-inflation-as-eurozone-prices-continue-rising
Cyprus recorded no inflation in September, standing out from the rest of the eurozone where consumer prices continued to rise, according to preliminary data released Tuesday by the European Union’s statistics agency....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/business/cyprus-state-payroll-to-rise-€153-million-in-2026-budget
Cyprus’ state payroll is set to climb again in 2026, with government spending on personnel projected to rise by €153 million despite efforts to rein in hiring....
https://knews.kathimerini.com.cy/en/news/no-cashiers-no-lines-greece-s-first-staff-free-supermarket-opens-in-athens
Greece has just welcomed its first fully automated supermarket, where shoppers grab what they need and walk out without interacting with a single cashier....
