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/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/business/fake-profits-trick-paphos-woman-in-online-investment-scam
Police in Paphos are investigating a new online investment fraud case after a 66-year-old woman reported losing thousands of euros to a scam that started with what looked like a legitimate investment website....
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/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/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/wednesday-forecast-summer-s-settled-into-a-familiar-rhythm
If Cyprus weather had a summer routine, it would look a lot like this: sunshine takes centre stage, the mountains get a little dramatic in the afternoon, and everyone pretends they're surprised when a thunderstorm suddenly appears....
https://knews.kathimerini.com.cy/en/news/man-loses-€90-000-in-fake-online-car-sale
Police in Limassol are investigating an online fraud case after a 59-year-old man was allegedly deceived into transferring €90,000 for a vehicle that never existed....
https://knews.kathimerini.com.cy/en/news/cyprus–france-defense-ties-reach-new-level-with-landmark-military-cooperation-deal
A new chapter in Cyprus–France military relations has opened following the signing of a defense cooperation agreement between the two countries’ defense ministers on the sidelines of the EU Defense Ministers’ meeting held in Nicosia....
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/migration-crackdown-agreed-under-cyprus-led-eu-presidency
After months of negotiations that culminated on Monday between EU member states and the European Parliament, the European Union has reached a political agreement on a new Returns Regulation that will complement the new Pact on Migration and Asylum, set to take effect on July 1....
https://knews.kathimerini.com.cy/en/news/eu-says-carbon-storage-expansion-remains-on-track-for-2030-targets
The European Union says plans to build large-scale carbon dioxide storage infrastructure across Europe remain on track, with several new carbon capture and storage projects expected to begin operations over the next few years....
https://knews.kathimerini.com.cy/en/news/new-parliament-same-big-question-who-really-decides-cyprus-economic-future
Fears of a fragmented Parliament that would struggle to get things done did not materialize, with six parties now set to shape Cyprus’ political and legislative agenda over the next five years....
https://knews.kathimerini.com.cy/en/news/us–iran-draft-deal-nears-completion-report-says
A final draft of a possible agreement between the United States and Iran could be announced within hours, according to reports from Al Arabiya sources, marking what could be a major diplomatic breakthrough in long-running tensions between the two countries....
https://knews.kathimerini.com.cy/en/news/red-cross-calls-for-long-term-migration-support-in-cyprus
The Cyprus Red Cross Society has called for long-term financial planning and stronger cooperation between state authorities and civil society organisations to maintain humanitarian services linked to migration....
https://knews.kathimerini.com.cy/en/news/tiger-mosquitoes-are-back-in-cyprus
Stagnant water in yards, drains, rooftops, and flower pots also creates ideal breeding conditions. He explains that preventive action is the key to limiting insect populations and protecting homes and businesses, especially during the summer months....
https://knews.kathimerini.com.cy/en/news/europe-s-bee-population-climbs-to-new-highs-while-cyprus-sees-fewer-hives
EU farm beehive numbers climbed to a record 9.4 million in 2023, according to new figures released by Eurostat, with Italy, Romania and Greece leading the bloc in bee colony numbers. Cyprus, however, recorded a decline over the past three years....
https://knews.kathimerini.com.cy/en/news/european-parliament-calls-for-turkish-troop-withdrawal-from-cyprus
The European Parliament has approved a recommendation calling for the withdrawal of Turkish troops from Cyprus and the restart of negotiations on the Cyprus issue under a bizonal, bicommunal federation framework with political equality, in line with United Nations resolutions....
https://knews.kathimerini.com.cy/en/comment/opinion/talking-past-the-real-issue
Mr. Uriel Kurtz said that besides the beauty of the landscape and the island’s proximity to Israel, he was also drawn to the fact that we Cypriots speak English. As a European citizen, he explained, he could live and invest anywhere in the EU. What made Cyprus attractive to him was that he could communicate in English without having to learn the local language....
https://knews.kathimerini.com.cy/en/news/every-pedal-stroke-a-wish
The Panos Evripidou Foundation successfully organised the 10th annual “Cycling for Preemies 2026” ride on 17 May, in collaboration with the Mora Thavmata Association and with the support of the Limassol Municipality Cycling Team, honouring the memory of brothers Panos and Christian Evripidou, who were born prematurely....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-map-set-to-shrink-as-two-smaller-banks-change-hands
Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....
https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-india-for-high-level-state-visit
Cyprus President Nikos Christodoulides is traveling to India today for a state visit aimed at strengthening political and economic ties between the two countries, with a heavy focus on investment, technology, and long-term cooperation....
https://knews.kathimerini.com.cy/en/business/eurobank-raises-€700-million-after-investor-demand-surges-nearly-fourfold
Eurobank has raised €700 million through a new bond issue after attracting far stronger investor interest than expected, another sign that international markets remain confident in the bank and the wider Greek banking sector....
https://knews.kathimerini.com.cy/en/news/cabinet-moves-ahead-on-cyprus-gas-deal-and-free-breakfast-program-for-children
Cyprus is moving forward with two major government initiatives this week, one focused on natural gas exports and the other on helping families with young children....
https://knews.kathimerini.com.cy/en/news/climate-change-is-becoming-a-major-public-health-threat-in-cyprus
Climate change is posing a growing threat to public health in Cyprus, according to Health Minister Neophytos Charalambides, who spoke during a multilateral meeting in Geneva held alongside the World Health Assembly....
https://knews.kathimerini.com.cy/en/news/who-will-hold-the-power-after-sunday-s-may-24-parliamentary-elections
The parliamentary elections on May 24 are, by all indications, set to be the vote that reshapes Cyprus’ political map as it has been known for decades....
https://knews.kathimerini.com.cy/en/news/wednesday-weather-the-33°c-inland-peak-and-the-looming-friday-shift
The high-pressure system is currently holding the line, but a change in the atmosphere is already waiting in the wings. For now, we are dealing with a thick, pre-summer heat that has pushed the mountains and the coastline into a rare temperature tie....
https://knews.kathimerini.com.cy/en/news/woman-loses-€39-000-in-online-‘investment-scam
A 64-year-old woman in Cyprus lost €39,000 after falling victim to what police believe was a sophisticated online investment scam that unfolded over several months, authorities said Tuesday....
https://knews.kathimerini.com.cy/en/news/un-criticizes-cyprus-over-treatment-of-turkish-cypriots
A United Nations anti-racism committee has issued a series of sharp recommendations and criticisms toward Cyprus, expressing concern over what it described as obstacles faced by Turkish Cypriots in accessing equal rights compared to Greek Cypriots....
https://knews.kathimerini.com.cy/en/news/cyprus-can-t-keep-praying-for-rain-nicosia-eoa-chief-says
Cypriots may still be paying ''satisfactory'' prices for water today, but the country is increasingly feeling the consequences of years of delayed planning and underinvestment in its water system, according to the head of Nicosia’s regional administration organization....