https://knews.kathimerini.com.cy/en/news/new-quarry-planned-in-anogyra-to-extract-130-000-cubic-metres-of-stone
A new quarry is being proposed in Anogyra, in the Limassol district, where developers plan to extract approximately 130,000 cubic metres of calcareous sandstone from a site measuring 18,400 square metres....
https://knews.kathimerini.com.cy/en/news/hala-sultan-tekke-excavations-push-cyprus-city-s-history-back-to-the-17th-century-bc
Archaeological excavations at Dromolaxia-Vyzakia, near Hala Sultan Tekke in the Larnaca district, have uncovered architectural remains and pottery dating to the 15th to 17th centuries BC, providing the earliest directly documented evidence of urban occupation yet identified by the Swedish-led mission at the site....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
https://knews.kathimerini.com.cy/en/news/bank-staff-offered-bigger-payouts-to-leave-due-to-inflation
Inflation and the cost of living are undoubtedly on the rise, but payouts to bank employees taking voluntary retirement appear to be cushioning much of the impact....
https://knews.kathimerini.com.cy/en/news/european-prosecutors-freeze-greek-assets-in-€115m-cyprus-linked-vat-case
European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....
https://knews.kathimerini.com.cy/en/business/the-road-to-completing-the-vasilikos-projects-is-fraught-with-obstacles
Cyprus’s long-delayed Vasilikos LNG terminal could become operational by 2030, but finding a reliable contractor and resolving technical, financial and legal challenges remain key hurdles. Eight companies have expressed interest in completing the project, which stalled after the collapse of the contract with Chinese consortium CPP-METRON....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/news/bbc-deloitte-cyprus-helped-falsify-records-to-hide-abramovich-s-wealth
Deloitte Cyprus helped falsify documents to conceal Roman Abramovich’s wealth and appears to have advised on a scheme that allowed one of his companies to evade millions in Cypriot taxes, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism....
https://knews.kathimerini.com.cy/en/news/double-your-money-in-50-days-greek-police-uncover-alleged-$8-million-crypto-pyramid-scheme
At least 10,000 people were reportedly recruited into an investment scheme that raised about $8 million by promising to double their money within 50 days through cryptocurrency trading powered by artificial intelligence....
https://knews.kathimerini.com.cy/en/news/that-€200-000-home-could-now-cost-you-€15-800-more
You save a little more each month, cut back where you can, and watch your house deposit grow. Then you look at property prices again, and the target has moved....
https://knews.kathimerini.com.cy/en/news/central-bank-keeps-banks-safety-cushion-at-1-5-what-does-that-mean-for-you
The Central Bank of Cyprus has decided to keep the country’s countercyclical capital buffer at 1.5%, a term that sounds technical but essentially means banks must continue keeping extra money in reserve for difficult times....
https://knews.kathimerini.com.cy/en/comment/opinion/makis-cashbox-and-the-government-s-two-voices
A party leader who supports the government is publicly clashing, and in unusually strong terms, with a minister from the same political camp. That minister also happens to have served successfully in his father’s government....
https://knews.kathimerini.com.cy/en/news/buying-a-home-in-cyprus-just-became-8-5-more-expensive
Buying a home in Cyprus became considerably more expensive over the past year, with residential property prices rising 8.5% in the second quarter of 2026....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-returns-to-an-a-rating-but-what-happens-next-matters-more
After 15 years, the Republic of Cyprus has once again secured an A rating from S&P. This achievement closes a major chapter and gives us reason to look back at the recent history of our economy....
https://knews.kathimerini.com.cy/en/news/eurobank-sets-its-sights-on-abu-dhabi-after-mumbai-expansion
It is becoming increasingly clear that banks are looking to establish representative offices in markets beyond the countries where they already operate, aiming to expand their business and, ultimately, increase profits....
https://knews.kathimerini.com.cy/en/business/israeli-investment-and-migration-reshape-cyprus-property-market
The Republic of Cyprus is seeing a growing Israeli presence as more Israelis buy homes, establish businesses and invest in large-scale developments, with some choosing to make the island their permanent home....
https://knews.kathimerini.com.cy/en/news/trump-wanted-to-buy-greenland-now-the-us-is-getting-expanded-security-rights
Donald Trump once wanted to buy Greenland. He later threatened to take the Danish territory by force. Now, the US president says Washington has secured a deal giving it permanent control over Greenland's security, while Denmark and Greenland insist that sovereignty remains where it is....
https://knews.kathimerini.com.cy/en/news/ecb-raises-rates-again-as-cyprus-households-face-costlier-loans
If higher supermarket bills, electricity costs and petrol prices were not enough, some Cyprus households could now face another demand on their monthly budget: a more expensive loan....
https://knews.kathimerini.com.cy/en/news/build-your-home-on-state-land-at-25-of-its-value-do-you-qualify
For a young family watching house prices climb further out of reach, a state plot offered at just 25% of its market value sounds like the break they have been waiting for....
https://knews.kathimerini.com.cy/en/news/another-interest-rate-rise-is-coming-what-it-means-for-cyprus-mortgages
Cyprus homeowners could soon see another increase in their monthly mortgage payments, with the European Central Bank widely expected to raise interest rates on Thursday....
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/news/excavations-reveal-major-bronze-age-complex-and-tombs-at-erimi
The 2026 archaeological season at Erimi-Laonin tou Porakou has concluded with significant new findings on the organisation, architecture and burial customs of the Middle Bronze Age community that once occupied the site....
https://knews.kathimerini.com.cy/en/news/small-deposits-on-plastic-bottles-are-driving-big-community-causes
A bottle or can worth just a few cents may not seem like much, but when thousands are collected, the total can help fund children's ambitions, feed rescued animals or support local community projects....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-now-behind-two-in-five-cyprus-property-deals
Foreign buyers signed more than 41% of all property sale contracts in Cyprus during the first seven months of 2026, meaning two out of every five deals now carry a foreign name....
https://knews.kathimerini.com.cy/en/news/mortgage-relief-may-have-to-wait-as-ecb-official-calls-for-higher-rates
Anyone in Cyprus waiting for mortgage payments to come down may have to wait a little longer....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up
The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....
https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners
Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....
https://knews.kathimerini.com.cy/en/comment/opinion/should-bad-tenants-have-a-credit-score
Over the many years I have worked in the real estate sector, I have seen the Cypriot property market go through all kinds of ups and downs. I have experienced economic cycles, managed complex investments, and worked with a huge range of professionals and organizations. ...
https://knews.kathimerini.com.cy/en/news/cash-checks-and-bank-queues-are-quietly-disappearing
Digital transactions have surged in Cyprus, following the global trend and increasingly replacing payments made in cash or by check....
