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....
https://knews.kathimerini.com.cy/en/news/cyprus-court-keeps-iranian-asylum-seeker-behind-bars
The Administrative Court of Appeal in Cyprus has upheld the detention of an Iranian national seeking international protection, reversing a lower court’s earlier ruling that had ordered his release....
https://knews.kathimerini.com.cy/en/business/finance-minister-warns-gsi-project-may-be-infeasible-making-its-funding-risky
Finance Minister Makis Keravnos has raised concerns about the GSI electricity interconnection project, saying there is a risk if the government provides funding. He added that some studies suggest the project may not be viable....
https://knews.kathimerini.com.cy/en/news/shifting-political-landscape-as-elections-inch-closer-poll-points-to-unpredictability
With eight months to go until parliamentary elections, a new poll suggests Cyprus is heading for one of its most unpredictable contests in years....
https://knews.kathimerini.com.cy/en/news/financial-strain-and-governance-concerns-top-citizens-worries-in-cyprus
Price hikes and corruption set the agenda with 70% of respondents saying they are little to not at all satisfied with the performance of the current government....
https://knews.kathimerini.com.cy/en/news/innocent-until-proven-guilty-cyprus-found-in-breach-by-echr
The European Court of Human Rights has found that Cyprus violated a man’s right to be presumed innocent, ordering the state to pay him €5,000 in damages....
https://knews.kathimerini.com.cy/en/news/drivers-warned-complete-takata-airbag-recall-by-october-3-or-lose-your-car
Cyprus drivers have just days to act on the Takata airbag recall, or risk having their vehicles grounded, losing their MOT, and even seeing their registrations canceled....
https://knews.kathimerini.com.cy/en/news/cyprus-president-hosts-world-powers-at-un-pushes-for-peace-talks-and-hails-gas-find
Cyprus President Nikos Christodoulides used his time at the UN General Assembly this week to juggle two weighty issues: the long-frozen Cyprus peace talks and the island’s growing role in global energy....
