https://knews.kathimerini.com.cy/en/news/from-dubai-to-limassol-the-gang-police-say-brought-fear-fire-and-extortion-to-cyprus
Arson attacks, shootings, extortion and money laundering — these are among the allegations Cypriot police and judicial authorities are attributing to a group of Russian-speaking criminals originally from the former Soviet Union....
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/ancient-industrial-landscape-discovered-near-larnaca-salt-lake
Archaeologists working in the Larnaca Salt Lake region have identified surface finds dating to the Late Roman era during the 2025 season of the Hala Sultan Tekke Hinterland Project....
https://knews.kathimerini.com.cy/en/news/man-arrested-at-larnaca-airport-over-alleged-fake-apartment-rental-scam
A 45-year-old man was arrested at Larnaca International Airport on Friday in connection with an alleged online apartment rental scam that police say targeted multiple people looking for housing....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/news/supreme-court-rejects-polish-investor-s-appeal-over-2013-bank-haircut-losses
Cyprus’ Supreme Court has rejected an appeal by a Polish woman who sought compensation from the Republic of Cyprus over losses she suffered during the 2013 banking crisis, bringing a long-running legal fight over deposit “haircuts” to a close....
https://knews.kathimerini.com.cy/en/comment/opinion/a-simple-fix-for-a-dangerous-housing-reality
On Holy Saturday, an aging apartment building collapsed, costing two people their lives. Tragic. The Minister of the Interior met with the President and a delegation from the Cyprus Scientific and Technical Chamber to discuss dangerous buildings and possible steps to manage these risks more effectively. ...
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-end-state-borrowing-from-social-insurance-fund-in-pension-reform-plan
Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-eu-for-single-use-plastic-bottles-per-person
Cyprus records one of the highest per-person levels of single-use plastic beverage bottles in the European Union, according to the European Commission’s first assessment of the Single-Use Plastics Directive....
https://knews.kathimerini.com.cy/en/business/newmed-energy-signs-deal-to-export-100-bcm-from-cyprus-s-aphrodite-field-to-egypt
A new agreement is taking shape around the development of Cyprus’s Aphrodite gas field, as NewMed Energy moves forward with plans to export natural gas to Egypt....
https://knews.kathimerini.com.cy/en/news/government-approves-€250-easter-support-for-low-income-pensioners
The government has decided to provide a one-off Easter payment to pensioners with limited income as part of its broader effort to support vulnerable groups....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-offshore-gas-production-by-2027-2028
Cyprus is aiming to begin producing natural gas from offshore reserves between late 2027 and early 2028, according to Energy Minister Michalis Damianos. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-acquires-cdbbank-s-healthy-assets-in-strategic-move
Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech
Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....
https://knews.kathimerini.com.cy/en/business/parliament-unanimously-approves-plan-to-privatize-stock-exchange
Cyprus has taken a decisive step toward restructuring its capital markets, as parliament unanimously approved legislation enabling the privatization of the Cyprus Stock Exchange (CSE). ...
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/billions-in-gas-years-of-waiting-americans-back-on
2026 is shaping up as a pivotal year for the Republic of Cyprus’ energy program, with developments related both to hydrocarbon deposits in Cyprus’ Exclusive Economic Zone (EEZ) and to the broader energy picture in the Eastern Mediterranean beginning to take concrete shape as planning moves forward....
https://knews.kathimerini.com.cy/en/comment/opinion/2026-will-define-the-eurozone-s-future
The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....
https://knews.kathimerini.com.cy/en/business/israel-and-cyprus-hold-talks-to-finalize-agreement-on-joint-offshore-natural-gas-field
An Israeli government delegation is expected in Cyprus as part of ongoing efforts to finalize a bilateral agreement governing a shared offshore natural gas reservoir that spans the maritime zones of Israel and Cyprus....
https://knews.kathimerini.com.cy/en/news/why-young-people-in-cyprus-are-stepping-back-from-climate-decision-making
New research from a European project has found that many young people are staying out of discussions on climate change and the green transition because they feel ignored by political systems and decision-makers....
https://knews.kathimerini.com.cy/en/news/cyprus-tweaks-gas-deal-to-speed-exports-to-egypt
Cyprus and Egypt are taking steps to streamline the export of Cypriot natural gas, officials said Friday, as the two countries look to deepen energy ties amid the island’s EU Council Presidency....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/comment/opinion/from-money-haircuts-to-power-haircuts
What has stayed with me most from Cyprus’ first term holding the Presidency of the EU Council, back in 2012, is the issuance of the Council Conclusions, the unanimous decisions that called for approval of the infamous EU directive on “banking resolution and recovery.” ...
https://knews.kathimerini.com.cy/en/business/cypriots-borrow-more-but-stash-far-more-cash-in-the-bank
Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-drivers-stuck-with-faulty-airbags-€100-per-week-for-waiting
The Cypriot government has handed out one-time payments to drivers whose cars were grounded because of faulty airbags, a move aimed at easing frustration and financial strain caused by a nationwide vehicle recall....
https://knews.kathimerini.com.cy/en/news/coral-cyprus-shell-licensee-once-again-fueled-the-energy-at-this-year-s-boyz-stuff-show
Coral Cyprus (Shell Licensee), successfully sponsored and participated for the second consecutive year in the Boyz Stuff Show 2025, ...
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/turkey-protests-historic-eez-deal-with-lebanon
Cyprus is waking up to what officials are calling a “historic” moment after finally sealing an Exclusive Economic Zone (EEZ) agreement with Lebanon, a deal that had been stuck in limbo for nearly two decades....
