https://knews.kathimerini.com.cy/en/business/indian-rupees-transactions-through-bank-of-cyprus
Transactions for businesses and individuals
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https://knews.kathimerini.com.cy/en/news/u-s-urges-talks-on-east-med-maritime-disputes-after-libya-backs-turkey-deal
The U.S. State Department is urging countries in the Eastern Mediterranean to resolve their maritime disputes through good-faith negotiations, a spokesperson told Kathimerini....
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/benghazi-backs-turkey-s-maritime-deal-catching-athens-off-guard
The Libyan parliament’s ratification of the illegal Turkey–Libya maritime agreement signals that Benghazi, following Tripoli, is now aligning itself with Ankara. Athens responded by warning that it would take “every appropriate action,” while planning for the Great Sea Interconnector electricity cable continues....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-€150-million-deal-for-israeli-naval-vessels-and-weapons
Cyprus is close to a roughly €150 million agreement to buy Israeli naval vessels and weapons systems, a significant defense purchase for an island whose security interests extend from its coastline to its offshore energy resources....
https://knews.kathimerini.com.cy/en/news/egypt-says-it-is-ready-to-help-defend-saudi-arabia
Egypt says it is ready to help defend Saudi Arabia against Houthi attacks, but what that help would involve, and whether Egyptian forces will be sent, remains undecided....
https://knews.kathimerini.com.cy/en/news/the-illusion-of-cheap-fuel
The political paradox is that the state funds a public transport system that has failed to become a sufficiently reliable alternative for much of the population....
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/news/nina-schick-the-greatest-risk-for-cyprus-is-remaining-a-passive-consumer-of-artificial-intelligence
With a career that has brought her close to the most influential centres of political and technological decision-making in the United States and Europe, Nina Schick is now ranked among the world’s top 20 speakers on artificial intelligence....
https://knews.kathimerini.com.cy/en/news/energy-bills-schengen-and-the-power-cable-cyprus-priorities-in-brussels
For households watching their energy bills and businesses struggling with running costs, President Nikos Christodoulides took a practical request to Brussels: Give governments more room to help....
https://knews.kathimerini.com.cy/en/news/artificial-intelligence-at-the-heart-of-a-new-global-power-struggle
The global struggle for power in artificial intelligence, and its implications for work, the economy, innovation and geopolitics, took centre stage at the Digital Agenda Cyprus Summit 2026, held on Wednesday, October 14, at the Nicosia Municipal Theatre. This year’s theme was “AI Wars – Challenging the Balance of Power: Life, Work, Country, Region”....
https://knews.kathimerini.com.cy/en/news/december-in-sight-for-schengen-decision
Cyprus is pushing for a December discussion on its entry into the Schengen travel zone, with President Nikos Christodoulides in Brussels on Thursday for European Council meetings and talks with fellow EU leaders....
https://knews.kathimerini.com.cy/en/news/will-artificial-intelligence-lead-us-into-war
The US-China rivalry, warnings about Europe falling behind, and the possibility of a major war took center stage in remarks by Nina Schick and Max Nikias, as well as the discussion at Digital Agenda Cyprus 2026....
https://knews.kathimerini.com.cy/en/news/eu-mutual-assistance-clause-stalls-as-ireland-refuses-debate-and-nicosia-s-push-for-strategic-autonomy-falters
The much-publicized EU “mutual assistance clause” remains limited in scope, despite Nicosia’s ambitious push and President Nikos Christodoulides’ efforts to convince European partners that “the time has come for the EU’s strategic autonomy.” ...
https://knews.kathimerini.com.cy/en/news/is-cyprus-ready-for-the-ai-revolution-digital-agenda-summit-puts-the-question-to-the-test
Artificial intelligence is transforming the workplace and the global balance of power, prompting questions about whether Cyprus and Europe are prepared to adapt quickly enough. These issues took center stage as Digital Agenda Summit 2026 opened in Nicosia on Wednesday under the theme “AI WARS: Challenging the balance of power.”...
https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/diplomatica/trump-s-ambassador-to-greece-resigns-after-allegations-of-misconduct
Kimberly Guilfoyle has resigned as the United States ambassador to Greece following weeks of allegations about her conduct, including claims that she sought personal financial assistance from a political donor in exchange for access to senior administration officials....
https://knews.kathimerini.com.cy/en/business/what-s-shaping-cyprus-business-this-week
Key gatherings across Cyprus this week bring together leaders in artificial intelligence, corporate governance, and sustainable finance. Here is your quick look at the top conferences, networking events, and local industry milestones on the agenda....
https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says
Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-voted-for-tougher-action-on-muslim-brotherhood-linked-networks
The European Parliament has backed a tougher approach to networks linked to the Muslim Brotherhood, calling for closer scrutiny of their funding and influence and an assessment of whether associated individuals and organizations should face EU terrorism sanctions....
https://knews.kathimerini.com.cy/en/comment/opinion/the-european-‘bogeyman-that-got-cyprus-moving
Cyprus is on track to absorb 97.3% of its EU Recovery and Resilience Facility funding, showing how the threat of lost money helped push long-delayed reforms forward....
https://knews.kathimerini.com.cy/en/business/visa-free-u-s-travel-and-direct-flights-top-amcham-s-cyprus-wish-list
A policy study by the American Chamber of Commerce in Cyprus (AmCham), which is part of the Cyprus Chamber of Commerce and Industry (CCCI), focuses on specific initiatives to further strengthen and deepen relations between the Republic of Cyprus and the United States....
https://knews.kathimerini.com.cy/en/news/rubio-greek-turkish-conflict-‘unthinkable-u-s-backs-cyprus-power-link
U.S. Secretary of State Marco Rubio described the prospect of a Greek-Turkish conflict as “unthinkable” in an interview with Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-france-put-gsi-and-schengen-on-the-table
Cyprus’ push to join the Schengen Area and the future of the Great Sea Interconnector were among the key issues discussed by the leaders of Cyprus, Greece and France on the sidelines of the MED9 summit in Split, Croatia....
https://knews.kathimerini.com.cy/en/comment/opinion/france-welcome-to-greece-s-2010
“Good morning, France. Welcome to what Greece went through in 2010.” I have always believed that France is the hardest country in Europe to reform and that if it were forced to do what we did under the bailout agreements, we would see another storming of the Bastille....
https://knews.kathimerini.com.cy/en/news/six-major-eu-countries-face-a-€4-8-trillion-debt-‘bomb
Borrowing money was once so cheap that some European governments paid no interest at all. Now those debts are coming due, and replacing them will cost considerably more....
https://knews.kathimerini.com.cy/en/news/‘the-sky-s-the-limit-christodoulides-touts-u-s-ties-as-trump-shares-interview
President Nikos Christodoulides says Cyprus has never been closer to the United States—and an interview setting out that message has received a boost from Donald Trump himself....
https://knews.kathimerini.com.cy/en/news/cyprus-looks-to-japan-for-closer-ties-in-shipping-business-and-education
Japan may be far from Cyprus, but shipping, business and higher education are giving the two island countries reasons to work more closely together....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf
Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....
https://knews.kathimerini.com.cy/en/diplomatica/rubio-marks-independence-day-with-message-of-stronger-u-s-cyprus-ties
The United States marked Cyprus’ Independence Day with a message that put the growing relationship between the two countries front and center, highlighting a partnership extending from regional security to classrooms and business opportunities....
