https://knews.kathimerini.com.cy/en/news/cyprus-pays-hundreds-of-thousands-monthly-as-fsru-prometheus-sits-idle-in-malaysia
Cyprus is continuing to incur substantial monthly costs while the floating natural gas storage and regasification unit (FSRU) Prometheus remains idle in Malaysia....
https://knews.kathimerini.com.cy/en/business/cyprus-inflation-drops-by-more-than-half-to-1-2-in-january
Cyprus recorded a notable easing of inflation at the start of 2026, placing it among the European Union’s lowest-inflation economies, according to newly released figures from Eurostat....
https://knews.kathimerini.com.cy/en/news/eac-workers-warn-of-deepening-power-crisis-and-mounting-pressure-on-energy-system
Employees of the Electricity Authority of Cyprus (EAC) will stage a two-hour warning work stoppage on Friday morning, unions announced, escalating pressure on authorities over what they describe as mounting failures in the country’s energy strategy....
https://knews.kathimerini.com.cy/en/news/trump-delivers-longest-state-of-the-union-in-us-history
President Donald Trump set a record Tuesday night, delivering the longest State of the Union address in U.S. history....
https://knews.kathimerini.com.cy/en/news/mayor-warns-outbreak-could-reach-south-nicosia-within-days
The mayor of newly formed Municipality of South Nicosia – Dali (Lefkosia-Idalio) says it may be only a matter of days before foot-and-mouth disease reaches his municipality unless strict preventive measures hold....
https://knews.kathimerini.com.cy/en/business/foot-and-mouth-cases-raise-fears-for-halloumi-production
Concern is spreading through the business community following the detection of foot-and-mouth disease in 11 livestock units, a development affecting thousands of animals and raising serious risks for production and the wider market....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
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/€1-billion-worth-of-school-fixes-needed-but-only-€35-million-in-the-budget
It would take about €1 billion for the government’s school construction unit to handle all the work it needs to do, its director told lawmakers, warning that current funding is nowhere near enough....
https://knews.kathimerini.com.cy/en/business/new-pay-as-you-throw-plan-could-save-you-hundreds-over-landfill-fees
Cyprus is taking a bold step toward cutting household waste with a new ''Pay-As-You-Throw'' (ΠΟΠ) program set to launch in 2027, aiming to make trash disposal fairer while boosting recycling, Environment Minister Maria Panayiotou said Wednesday....
https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending
Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....
https://knews.kathimerini.com.cy/en/business/trump-to-tax-foreign-made-ships-and-rebuild-u-s-maritime-power
The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...
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/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/cyprus-groups-warn-eu-mercosur-deal-could-threaten-food-safety-and-hurt-farmers
A broad coalition of agricultural organizations, trade unions, environmental groups and consumer advocates staged a protest outside the House of Europe in Nicosia on Saturday, voicing strong opposition to the European Union’s planned trade agreement with the Mercosur bloc....
https://knews.kathimerini.com.cy/en/news/cyprus-eurovision-entry-divides-the-nation-and-the-internet
Cyprus’ 2026 entry in the Eurovision Song Contest, featuring Antigoni Buxton and the song Jalla, is already stirring strong reactions, both cheers and criticism, days after its release....
https://knews.kathimerini.com.cy/en/news/27-countries-one-market-can-the-eu-make-it
The European Union appears determined to win its ''bet'' on strengthening competitiveness amid major geopolitical and geoeconomic shifts....
https://knews.kathimerini.com.cy/en/news/can-europe-break-free-from-the-u-s-leaders-clash-over-economy-game-plan
Can Europe become more economically competitive and less reliant on the United States? That’s the central question facing European leaders gathering today at Alden Biesen Castle in Belgium’s Flemish region, at the invitation of European Council President Antonio Costa....
https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member
ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....
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/municipalities-reject-planned-landfill-tax-warn-costs-will-hit-households
The Union of Municipalities has voiced strong opposition to the government’s plan to introduce a landfill tax on waste, warning that the additional cost will ultimately fall on households....
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/news/cyprus-moves-to-create-independent-coast-guard
Cyprus is moving ahead with plans to create a new Coast Guard force, Justice and Public Order Minister Costas Fitiris announced on Monday....
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/trump-launches-trumprx-promises-big-discounts-on-prescription-drugs
President Donald Trump unveiled TrumpRx on Thursday, a government-backed website offering deep discounts on 43 prescription medications, including insulin, fertility treatments, obesity drugs, and asthma medications....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-supports-anniversary-love-dinner-for-‘arodafnousa-50th-anniversary
On the occasion of the 50th anniversary of the “Arodafnousa” Palliative Care Centre, Lidl Cyprus once again confirms its long-standing commitment to humanity, by sponsoring the anniversary Love Dinner ‘Under the Lights of Love’....
https://knews.kathimerini.com.cy/en/business/jumbo-eyes-turkey-as-next-step-in-international-expansion
Jumbo, the Greek retail giant best known for its bargain-priced toys and household goods, is quietly eyeing a move into Turkey, a step that would mark one of its most ambitious expansions yet....
https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027
Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....
https://knews.kathimerini.com.cy/en/news/can-cyprus-shoppers-trust-e-kalathi-prices
As the debate over e-kalathi continues, the real question for Cyprus households is a simple one: does it actually help families save money at the supermarket, or does it just add more confusion to an already expensive weekly shop?...
https://knews.kathimerini.com.cy/en/news/cyprus-debt-drops-faster-than-almost-anywhere-else-in-europe
Cyprus has recorded the third-largest reduction in public debt among European Union countries, President Nikos Christodoulides said on Tuesday, highlighting the island’s strong fiscal performance....
