https://knews.kathimerini.com.cy/en/news/budget-stays-in-surplus-as-war-and-rising-prices-squeeze-the-economy
The 2027 state budget will be presented to the Council of Ministers on Wednesday. It was prepared against a particularly challenging economic backdrop, just one week after the European Central Bank raised interest rates in an effort to contain inflationary pressures....
https://knews.kathimerini.com.cy/en/news/celik-warns-greece-over-aegean-tensions-attacks-us-arms-decision-on-cyprus
Turkey’s ruling AKP spokesman Ömer Çelik has issued a fresh warning to Greece over developments in the Aegean and Eastern Mediterranean, saying Ankara’s preference for dialogue should not be mistaken for weakness....
https://knews.kathimerini.com.cy/en/diplomatica/china-and-cyprus-celebrate-a-friendship-built-across-the-miles
China and Cyprus may be separated by thousands of kilometers, but the message inside the Hilton Nicosia on Monday evening was simple: distance has not stopped the two countries from growing closer....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-has-reached-the-moment-of-truth-with-turkey
The tragic events of 1974 unquestionably and fundamentally changed the realities of what has long been described as the ''Cyprus problem.''...
https://knews.kathimerini.com.cy/en/news/bad-loans-weigh-heavily-on-the-courts
Cases involving non-performing loans appear to be placing an increasing burden on Cyprus’ already strained court system, even as the net book value of all loans managed by credit-acquiring companies has fallen to €2.8 billion....
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/did-netanyahu-know-oct-7-was-coming
It was the early hours of Saturday, Oct. 7, 2023, when thousands of armed Hamas fighters crossed from the Gaza Strip in a coordinated assault on southern Israel, killing civilians and taking hostages. ...
https://knews.kathimerini.com.cy/en/comment/opinion/political-fireworks-and-the-reality-of-the-british-bases
Following the drone strike on RAF Akrotiri on March 2, 2026, the President of the Republic chose, through his public statements, to reopen the issue of the status of the Bases in a way that suggested he was putting their “sovereignty” on the table. When directly asked whether he wanted the Bases to leave the island, Nikos Christodoulides carefully avoided giving a clear answer....
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/keravnos-big-companies-are-not-leaving-cyprus-over-15-tax-rule
Big companies are not packing their bags and leaving Cyprus because of the new global minimum tax, Finance Minister Makis Keravnos said Thursday, dismissing reports of a corporate exodus as speculation driven by ''individual voices.''...
https://knews.kathimerini.com.cy/en/news/gloria-steinem-feminist-icon-who-made-women-s-rights-impossible-to-ignore-dies-at-92
Gloria Steinem, the journalist and activist whose name became inseparable from the modern women’s rights movement, has died at 92....
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/cyprus-banks-hit-the-road-in-search-of-big-investors
The holidays are over, autumn is approaching, and the banks are getting back to business, focused on meeting the targets they have set. ...
https://knews.kathimerini.com.cy/en/business/€174-million-support-package-planned-to-shield-vulnerable-groups-from-energy-costs
Vulnerable households in Cyprus are set to receive €174 million in financial support between 2027 and 2032 as the government prepares for new European energy rules that are expected to increase fuel costs....
https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout
Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus.
...
https://knews.kathimerini.com.cy/en/news/national-guard-develops-locally-produced-drones-displayed-during-naval-exercise-video
The National Guard has begun producing small unmanned aerial systems locally, with its newly established drone laboratory now developing and manufacturing sUAV and FPV platforms....
https://knews.kathimerini.com.cy/en/news/cyprus-dams-receive-140-000-cubic-metres-after-recent-rainfall
Recent rainfall has improved irrigation conditions in Cyprus, but the Water Development Department says the additional water has not altered the country's overall supply strategy or created room for increased irrigation allocations....
https://knews.kathimerini.com.cy/en/business/goodbye-iban-cyprus-prepares-to-send-money-by-phone-number
Work is expected to gather pace in September on a project that will allow people in Cyprus to transfer money using only a mobile phone number. The system will be based on Greece’s IRIS service but adapted for the Cypriot market....
https://knews.kathimerini.com.cy/en/news/ankara-s-marine-parks-in-the-aegean-mark-a-clear-turn-from-calm-waters
Greece and Turkey are heading for renewed maritime tensions after Ankara declared two marine parks in disputed waters, with Athens warning that Turkey could use the move to impose restrictions at sea and advance its “Blue Homeland” claims....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-for-schengen-entry-without-resolving-national-issue
The Christodoulides administration has charted a new course by pursuing full Schengen membership regardless of whether the Cyprus problem is resolved, marking a break from previous governments....
https://knews.kathimerini.com.cy/en/business/paphos-airport-passenger-traffic-rebounds-despite-difficult-tourism-season
Paphos Airport recorded a 7% increase in passenger traffic in July compared with the same month last year, offering one of the clearest signs yet that travel demand is recovering after a difficult start to 2026....
https://knews.kathimerini.com.cy/en/business/limassol-hotels-reach-90-occupancy-in-august
Hotels in Limassol are recording strong demand in August, with occupancy at around 90% and bookings now broadly matching the levels seen during the same month last year....
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/news/small-island-€36-5-billion-economy
How big is Cyprus's economy compared with the rest of Europe? The short answer: we're small, very small, but we're not the smallest....
https://knews.kathimerini.com.cy/en/business/€13-271-a-month-for-the-keys-but-your-cyprus-coffee-stays-€1-50
A coffee by the sea in Limassol without needing to check your bank balance first? Apparently, yes....
https://knews.kathimerini.com.cy/en/business/cyprus-construction-sector-strong-momentum-meets-rising-uncertainty
The latest Q1 2026 data confirm that Cyprus' construction sector continues to demonstrate remarkable resilience, supported by a strong investment pipeline, expanding construction activity and healthy business confidence. Building permits, production and lending indicators all remain consistent with sustained sectoral growth....
https://knews.kathimerini.com.cy/en/business/cyprus-exporting-potatoes-halloumi…-and-gas
On Tuesday the 28th of July, 2026, the energy company Eni reached the Final Investment Decision (FID) for the development of the Cronos gas field, located in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ)....
