https://knews.kathimerini.com.cy/en/business/cyprus-receives-first-€177-million-payment-under-eu-defence-fund
Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....
https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet
After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....
https://knews.kathimerini.com.cy/en/news/eu-pushes-plan-for-migrant-return-hubs-outside-europe-in-tougher-migration-shift
Europe is moving closer to a major change in how it handles migration, with at least 19 EU member states backing a plan to send rejected asylum seekers to special ''return hubs'' outside the European Union....
https://knews.kathimerini.com.cy/en/comment/opinion/where-are-the-iranians
Whatever happened to the Iranians who greeted the first American bombs with relief and celebration? They now stand alongside the Kurds whom Trump abandoned, dismissing them because they had not fought in Normandy. Alongside the Afghans who were left at the mercy of the Taliban. Alongside the Danes, perhaps the most pro-American people in Europe, who suddenly discovered that their great ally wanted to take a piece of their territory, like a greedy child grabbing one more slice of cake. ...
https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average
Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....
https://knews.kathimerini.com.cy/en/news/us-and-iran-strike-peace-deal-to-reopen-strait-of-hormuz
The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....
https://knews.kathimerini.com.cy/en/business/critical-raw-materials-moving-to-the-centre-of-europe-s-strategic-agenda
Critical raw materials have moved from being a specialised industrial topic to one of the defining economic and strategic issues facing Europe today....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/news/turkey-steps-up-focus-on-cyprus-as-israel-ties-expand
Cyprus is finding itself more frequently at the center of discussions about Israel's growing strategic footprint in the Eastern Mediterranean, as regional rivalries continue to reshape security and diplomatic relationships across the region....
https://knews.kathimerini.com.cy/en/business/home-insurance-in-europe-is-changing-and-cyprus-is-next
For many years, mortgage-related insurance in Cyprus was treated as a fixed part of the home loan process. That approach is gradually giving way to a different model across Europe....
https://knews.kathimerini.com.cy/en/business/after-the-mafia-state-report-attention-turns-to-investor-confidence
The findings of the investigation into Mafia State, which identified potential criminal offenses involving 15 individuals and legal entities, are expected to have an immediate effect on public confidence and Cyprus’s reputation abroad....
https://knews.kathimerini.com.cy/en/business/could-factory-and-winery-tours-become-cyprus-next-tourism-trend
Industrial tourism, which allows visitors to explore working production facilities and learn how goods are made, is gaining attention as a way to expand tourism offerings beyond traditional attractions. Experiences can range from tours of wineries and food producers to visits to agricultural operations and manufacturing sites....
https://knews.kathimerini.com.cy/en/business/work-reimagined-gen-z-and-millennials-prioritise-wellbeing-and-skills-in-an-ai-driven-world
As Gen Zs and millennials move deeper into adulthood and leadership, they are reshaping how progress at work is defined, often prioritising stability, skills, and wellbeing before advancement, according to the results of Deloitte Global’s annual Gen Z and Millennial Survey. Now in its 15th year, the research draws on responses from more than 22,500 Gen Zs and millennials across 44 countries, alongside qualitative insights from business leaders....
https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process
In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....
https://knews.kathimerini.com.cy/en/business/€3-fee-per-item-on-online-orders-from-outside-the-eu
Cypriots who regularly shop from online platforms like Temu, Shein, and other non-EU retailers may soon notice higher prices at checkout or delivery after the EU approved new customs rules affecting small parcels....
https://knews.kathimerini.com.cy/en/news/eu-keeps-flight-compensation-rules-in-place-after-13-year-deal
After more than a decade of negotiations, a long-running dispute over air passenger rights in the European Union is expected to finally conclude today in Brussels, with an agreement on updating the rules for air travelers....
https://knews.kathimerini.com.cy/en/news/cremation-finally-coming-to-cyprus-after-20-years-of-delays
The calendar read July 2006 when Cyprus first saw an extensive public debate on introducing legislation for cremation. What followed was a discussion and consultation process that would drag on for more than a decade, marked by repeated delays and legislative back-and-forth....
https://knews.kathimerini.com.cy/en/news/cannabis-boom-and-rising-cocaine-use-reshape-cyprus-drug-landscape
Cannabis remains the most commonly used illegal drug in Cyprus, while cocaine and methamphetamine are becoming increasingly present across the country, according to the European Drug Report 2026 presented in Nicosia by the Cyprus National Addictions Authority....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/cyprus-completes-eu-voluntary-relocation-programme-for-3-039-asylum-applicants
Cyprus has completed its participation in the European Union’s Voluntary Solidarity Mechanism, a scheme designed to ease migration pressures on member states located at the EU’s external borders....
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-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/news/seven-suspects-extradited-from-cyprus-in-€700-million-fraud-case
Cypriot authorities have completed legal proceedings related to the extradition of seven individuals wanted in connection with an international fraud case involving an estimated €700 million, according to the Law Office of the Republic of Cyprus....
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/news/erdogan-warns-of-very-tough-response-if-turkish-cypriot-rights-are-violated
Turkish President Recep Tayyip Erdogan has issued a strong warning over the Eastern Mediterranean, saying Turkey would respond ''very clearly and very toughly'' if what he described as the rights of Turkey and Turkish Cypriots are violated....
https://knews.kathimerini.com.cy/en/news/cyprus-recycling-idea-turns-used-cooking-oil-into-european-award-finalist
Most people in Cyprus have the same problem every Sunday after a big fry-up: What on earth do you do with the used cooking oil?...
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/ai-designed-universal-vaccine-tested-in-humans-for-first-time
Scientists in the UK have tested a new kind of vaccine in people for the first time, and part of it wasn’t designed by humans at all, but by artificial intelligence....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view
Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....
https://knews.kathimerini.com.cy/en/news/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
