https://knews.kathimerini.com.cy/en/business/ecb-says-interest-rates-played-a-key-role-in-curbing-inflation-across-the-euro-area
The European Central Bank (ECB) says monetary policy in the euro area was highly effective during the tightening cycle of 2022 to 2023. ...
https://knews.kathimerini.com.cy/en/business/cyprus-keeps-fuel-prices-among-eu-s-lowest-despite-ongoing-cost-pressures
Cyprus continues to rank among the European Union countries with relatively lower fuel costs, according to Finance Minister Makis Keravnos....
https://knews.kathimerini.com.cy/en/business/eu-faces-€459-billion-budget-gap-while-member-states-clash-over-spending-priorities
The European Commission has placed the 27 member states before what it calls a “fiscal trilemma,” centered on the new European budget under discussion for the seven-year period 2028–2034, which is dividing partners during the energy crisis....
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/news/owe-social-insurance-new-repayment-plan-could-offer-thousands-a-financial-lifeline
Thousands of workers, freelancers and small business owners struggling with unpaid social insurance contributions could soon get a second chance to settle their debts, without immediate legal consequences....
https://knews.kathimerini.com.cy/en/news/when-london-considered-leaving-cyprus
In the mid-1970s, Britain considered a complete withdrawal from Cyprus. A series of declassified British archival documents show that the government under Harold Wilson examined the possibility of fully removing its bases from the island....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/no-clear-leader-as-polls-shake-up-cyprus-election-race
Political parties are increasingly moving to the rhythm of opinion polls, both public and private, as Cyprus heads into the final two months before voters go to the ballot box....
https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter
Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/government-considers-reopening-housing-relief-scheme
The government is considering reopening the “Rent in Exchange for Installment” housing scheme for a limited period of a few months, as pressure grows to address ongoing foreclosure issues affecting borrowers....
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/news/eu-turns-down-trump-s-request-for-help-in-hormuz-as-cracks-show-over-ukraine
The European Union has effectively rejected a request by Donald Trump for European assistance in safeguarding the Strait of Hormuz, with EU foreign policy chief Kaja Kallas making clear that the conflict with Iran “is not a European war” and that ''no one wants active involvement.''
...
https://knews.kathimerini.com.cy/en/news/foreclosure-suspensions-keep-returning-in-cyprus
A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...
https://knews.kathimerini.com.cy/en/business/six-month-freeze-on-primary-home-foreclosures-proposed-over-middle-east-uncertainty
A proposal has been put forward to temporarily halt foreclosures on primary residences valued at up to €400,000 for a period of at least six months, as uncertainty grows over the potential economic impact of developments in the Middle East....
https://knews.kathimerini.com.cy/en/business/87-of-recalled-products-still-sold-online-cyprus-consumer-group-warns
Most products that have been recalled or banned due to safety risks are still available to buy online, raising concerns about how effectively dangerous goods are being removed from the digital marketplace....
https://knews.kathimerini.com.cy/en/news/ai-diagnosed-the-patient-before-doctors-did-and-cyprus-may-be-next
Inside the Landmark Hotel last week, conversations about healthcare sounded less like policy debates and more like glimpses into the future....
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/news/swift-european-military-response-to-defend-cyprus-shows-eu-security-autonomy-says-costa
The European Union’s ability to act quickly to protect one of its member states was demonstrated by the recent deployment of military forces to Cyprus, European Council President António Costa said on Friday evening....
https://knews.kathimerini.com.cy/en/comment/opinion/trump-s-proxy-war-moment
President Trump wants to replace Iran’s current regime with a system friendly to the United States, essentially meaning the abandonment of nuclear ambitions and an end to support for satellite regimes that advance Tehran’s theocratic agenda....
https://knews.kathimerini.com.cy/en/news/more-than-360-000-surgeries-since-gesy-launched
With the participation of policymakers, academics, experts from Cyprus and abroad, healthcare professionals and service providers, a major health conference organized by the Cyprus Employers and Industrialists Federation (OEB) kicked off Thursday afternoon in Nicosia....
https://knews.kathimerini.com.cy/en/news/can-cyprus-future-proof-its-healthcare-system-experts-gather-to-rethink-the-rules
The big question on the table Thursday afternoon was simple but urgent: how does Cyprus build a healthcare system that can survive the next decade, financially, technologically and humanly?...
https://knews.kathimerini.com.cy/en/news/higher-pay-higher-recruitment-age-and-service-extended-to-57-for-contract-military
The Council of Ministers approved a package of measures affecting Cyprus’s contract soldiers (SYOP) during its meeting on Tuesday, announcing changes aimed at strengthening staffing levels and improving incentives within the National Guard....
https://knews.kathimerini.com.cy/en/business/trump-to-tax-foreign-made-ships-and-rebuild-u-s-maritime-power
The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...
https://knews.kathimerini.com.cy/en/news/eu-draws-red-line-against-upgrade-of-breakaway-north
The European Union has delivered a clear political message backing Nicosia: any attempt to upgrade or recognize the breakaway north will be met with firm resistance....
https://knews.kathimerini.com.cy/en/news/can-europe-break-free-from-the-u-s-leaders-clash-over-economy-game-plan
Can Europe become more economically competitive and less reliant on the United States? That’s the central question facing European leaders gathering today at Alden Biesen Castle in Belgium’s Flemish region, at the invitation of European Council President Antonio Costa....
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/news/cyprus-in-dc-kombos-pushes-security-eu-and-regional-ties
Cyprus is strengthening its ties with the United States, with Foreign Minister Constantinos Kombos spending Tuesday in Washington meeting senior US lawmakers and taking part in policy discussions focused on regional stability and Cyprus’ role in Europe....
https://knews.kathimerini.com.cy/en/news/un-at-risk-of-running-out-of-funds-as-member-dues-go-unpaid
United Nations Secretary-General Antonio Guterres has issued a stark warning to member states that the world body is approaching a severe cash crisis that could threaten its ability to operate....