https://knews.kathimerini.com.cy/en/business/cyprus-rejects-three-eu-revenue-proposals-as-nicosia-draws-red-lines-over-eu-funding-plans
Nicosia drew its red lines during a particularly divisive discussion among the 27 member states, which focused on both the size and composition of the EU’s “New Own Resources” (NORs), meaning the new revenue sources the European Union is proposing to use to finance the 2028-2034 European budget while partially reducing its reliance on direct contributions from member states....
https://knews.kathimerini.com.cy/en/news/new-central-prison-to-be-built-in-agios-sozomenos-not-mathiatis
The new Central Prison complex will be built in Agios Sozomenos, Nicosia district, after the government ruled against proceeding with the previously selected site at Mathiatis....
https://knews.kathimerini.com.cy/en/news/cyprus-firms-face-tougher-checks-on-business-with-greece
Cyprus has been included on a 42-country list that will bring certain transactions with Greek businesses under closer tax scrutiny. But the decision does not mean Greece has accused Cyprus, or every company based here, of tax evasion....
https://knews.kathimerini.com.cy/en/news/morocco-and-israel-move-to-full-diplomatic-ties-despite-gaza-tensions
Israel and Morocco have agreed to open full embassies and exchange ambassadors, pushing their relationship to its highest diplomatic level since the two countries restored ties nearly six years ago....
https://knews.kathimerini.com.cy/en/news/will-canada-be-the-eu-s-first-associate-member
The European Union could open the door to a new form of membership for Canada, potentially making it the first country to become an associate member of the bloc....
https://knews.kathimerini.com.cy/en/life/still-reaching-for-the-ac-here-s-the-ideal-temperature-for-comfort-and-lower-bills
The calendar may say summer is over, but the weather has not entirely received the message. Parts of the day remain hot and humid, leaving many households still reaching for the air conditioner....
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/business/carney-urges-cyprus-and-nine-eu-states-to-ratify-canada-trade-deal
Canadian Prime Minister Mark Carney has called on Cyprus and nine other EU member states to ratify the European Union’s trade agreement with Canada, as Ottawa looks to strengthen its economic and political links with Europe while relations with Washington continue to deteriorate....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-open-the-door-to-new-business-deals
New business partnerships and joint ventures between Cyprus and Greece are in the pipeline across a broad range of economic sectors....
https://knews.kathimerini.com.cy/en/news/cyprus-and-us-put-closer-ties-on-the-table
Diplomatic meetings often come wrapped in broad statements about friendship and cooperation....
https://knews.kathimerini.com.cy/en/news/same-government-building-€23-million-more-what-changed
Cyprus is preparing to spend an estimated €68 million on a new headquarters for the Legal Service, €23 million more than the broadly similar project put forward three years ago....
https://knews.kathimerini.com.cy/en/news/limassol-company-loses-€105-000-after-fraudsters-hijack-supplier-email
A Limassol company has been left €105,000 out of pocket after fraudsters impersonated one of its overseas suppliers and redirected a payment into a bank account controlled by the scammers....
https://knews.kathimerini.com.cy/en/business/government-hourly-paid-staff-to-strike-on-thursday
More than 11,000 hourly-paid workers across government services, schools and public hospitals are set to strike on Thursday, September 17, in a dispute over pay and employment conditions....
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/eu-commits-€34m-to-turkish-cypriot-community-with-focus-on-trade-and-reunification
The European Commission has adopted a €34 million aid programme for the Turkish Cypriot community in 2026, with funding aimed not only at economic development but also at practical cooperation between the two communities Cyprus....
https://knews.kathimerini.com.cy/en/business/for-the-9th-consecutive-year-lidl-cyprus-programme-food-academy-for-children-at-the-lidl-food-academy-welcomes-the-new-school-year
With a vision of forming healthy eating habits and cultivating environmental awareness among young men and women, Lidl Cyprus announces the resumption of the experiential programme "Food Academy for children at the Lidl Food Academy" for the academic year 2026-2027.
...
https://knews.kathimerini.com.cy/en/news/protesters-reject-herzog-visit-and-warn-cyprus-is-being-pulled-into-war
While Israeli President Isaac Herzog was welcomed in Nicosia as a close friend and strategic partner, protesters outside the Presidential Palace delivered a very different message: Cyprus should be a bridge for peace, not another base for war....
https://knews.kathimerini.com.cy/en/comment/opinion/gsi-inside-president-christodoulides-mind
The entry of French company Meridiam as the majority stakeholder in the consortium behind the Great Sea Interconnector (GSI) provides greater certainty about the project’s future and significantly reduces its political risk...
https://knews.kathimerini.com.cy/en/news/university-of-athens-launches-first-english-language-degree-programme-in-cyprus
The National and Kapodistrian University of Athens is set to introduce its first English-language undergraduate degree programme in Cyprus as part of its continuing expansion on the island....
https://knews.kathimerini.com.cy/en/business/brainrocket-s-cyprus-retreat-leaves-limassol-counting-the-cost
The BrainRocket signs have disappeared from Limassol, and behind them sits a much bigger question for Cyprus: How easy is it for the island to lose a major foreign employer?...
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-in-2026-peak-season-recovery-narrows-the-gap
Cyprus tourism entered 2026 after a record 2025, when arrivals reached 4.53 million. Renewed instability in the Middle East then disrupted travel sentiment and reduced arrivals sharply in March and April. By July, however, the picture had improved: arrivals were only 1.1% below July 2025, following a 1.7% decline in June, compared with contractions of 30.7% in March and 27.6% in April.
...
https://knews.kathimerini.com.cy/en/news/germany-s-far-right-is-three-seats-from-power-could-cyprus-be-heading-the-same-way
Germany’s far-right AfD is no longer shouting from the sidelines. It is now just three seats away from controlling a German state for the first time....
https://knews.kathimerini.com.cy/en/news/another-17-000-cyprus-families-to-qualify-for-child-benefit
Another 17,000 families in Cyprus are expected to qualify for child benefit under an expansion announced by President Nikos Christodoulides, potentially bringing financial support to more than 23,000 additional children....
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/news/no-tie-no-motorcade-no-mercy-president-takes-beach-rackets-seriously
Sometimes, even the man running Cyprus needs to put down the briefing papers, step away from the Presidential Palace and enjoy the island’s summer like everyone else....
https://knews.kathimerini.com.cy/en/news/25-year-old-held-after-18-people-hand-over-€500-000-for-crypto-investments
A 25-year-old man has been remanded in custody after 18 people told police they handed him more than €500,000 to invest in cryptocurrencies....
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/workers-could-face-higher-social-insurance-contributions
Cyprus may eventually consider increasing workers' contributions to the Social Insurance Fund as part of efforts to secure the future of the country's pension system, Labour and Social Insurance Minister Marinos Mousiouttas said on Wednesday....
https://knews.kathimerini.com.cy/en/news/eu-prepares-fresh-russia-sanctions-after-alleged-drone-plot-at-german-airport
The European Union is preparing additional measures against Russia following Germany's accusation that Moscow was behind a failed drone attack targeting Leipzig/Halle Airport, an incident that has added fresh urgency to discussions about security on European soil....
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. ...
