https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
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/life/who-will-fish-cyprus-waters-when-the-older-generation-steps-ashore
The future of Cyprus’ fishing harbors may depend not only on what remains in the sea but also on whether a new generation believes it can make a living from it....
https://knews.kathimerini.com.cy/en/news/foreign-ministry-internal-document-reveals-cyprus-is-tracking-key-eu-turkey-policy-shifts
An internal document from the Foreign Ministry has put the diplomatic service on high alert. The document, obtained by Kathimerini, stresses that these eight dossiers represent core strategic goals for Ankara....
https://knews.kathimerini.com.cy/en/comment/opinion/europe-faces-one-shock-after-another
Europe is confronting enormous, almost existential, threats. Where do you even begin? Illegal migration has reached alarming levels, as we have seen in Spain. Even left-wing politicians are changing course because they have realized they are dealing with a real problem, one that could come at a significant political cost....
https://knews.kathimerini.com.cy/en/news/hope-for-children-together-with-chevron-cyprus-mark-another-milestone-in-long-standing-partnership
“Hope For Children” CRC Policy Center (HFC) and Chevron Cyprus have marked another milestone in their long-standing partnership with a Humankind Day volunteer activity at the Children's House in Nicosia, Republic of Cyprus. It is the latest initiative in a partnership that has supported vulnerable children since 2020....
https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages
Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....
https://knews.kathimerini.com.cy/en/comment/opinion/the-christine-lagarde-enigma
June's decision was never followed through. At the meeting one month later, the European Central Bank chose not to extend its restrictive monetary policy with another interest rate increase. The message in June had been clear. It was an immediate response to rising energy prices after fighting resumed in the Middle East....
https://knews.kathimerini.com.cy/en/business/timur-turlov-announces-candidacy-for-fide-president
Timur Turlov, CEO of Freedom Holding Corp. and President of the Kazakhstan Chess Federation, has announced that he will run for President of the International Chess Federation (FIDE). The leadership elections will take place on 26 and 27 September 2026 in Samarkand, during the organisation's General Assembly and alongside the 46th World Chess Olympiad....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis
Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....
https://knews.kathimerini.com.cy/en/news/cyprus-protests-turkey-s-plan-for-gas-pipeline-to-occupied-north
Turkey is seeking to reshape the energy landscape of the Eastern Mediterranean by pushing ahead with plans to build an undersea natural gas pipeline linking mainland Turkey directly to the occupied areas of Cyprus....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-becoming-a-key-player-in-eastern-mediterranean-security
Developments in the Eastern Mediterranean are moving quickly and are increasingly complex, with the United States sometimes taking the lead and, in other cases, following the recommendations of its partners....
https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/news/finally-cooler-classrooms-25-cyprus-schools-begin-€20-million-energy-transformation
For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...
https://knews.kathimerini.com.cy/en/news/nicosia-and-murcia-partner-in-€2m-digital-twin-cities-project
Nicosia Municipality has become one of the main partners in a European project designed to develop a new generation of connected digital twins for cities, supporting smarter urban planning and the continued digital development of local authorities....
https://knews.kathimerini.com.cy/en/news/senior-us-homeland-security-officials-visit-cyprus
The growing partnership between Cyprus and the United States was on full display this week as two senior US Homeland Security officials arrived on the island for high-level talks on security, migration and closer cooperation....
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/news/eu-approves-emergency-fertilizer-support-for-farmers
Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....
https://knews.kathimerini.com.cy/en/business/israel-launches-fifth-offshore-bidding-round-to-expand-natural-gas-reserves
Israel has launched its fifth offshore bidding round to explore for additional natural gas within its economic waters, an initiative aimed at expanding domestic reserves and securing a larger footprint in the regional export market....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/fuel-tax-relief-extended-giving-drivers-2-more-months-of-breathing-room
Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....
https://knews.kathimerini.com.cy/en/news/cyprus-installs-first-big-battery-systems-to-cut-solar-power-cuts
The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....
https://knews.kathimerini.com.cy/en/news/energy-projects-stuck-in-limbo-due-to-political-interference-minister-says
The presence of Energy Minister Giorgos Papanastasiou at this year’s Green Agenda forum, and what he revealed about the de facto framework governing major public contracts, understandably caused a stir. ...
https://knews.kathimerini.com.cy/en/news/cyprus-delivers-results-focused-eu-presidency-says-christodoulides
President of the Republic Nikos Christodoulides presented an assessment of Cyprus’ Presidency of the Council of the European Union following the conclusion of the final European Council meeting held during Cyprus’ six-month term. He described it as “a mission that we carried out with genuine dedication, intensive work, steady progress and tangible results.”...
https://knews.kathimerini.com.cy/en/news/nicosia-says-it-s-turning-things-around-but-traffic-and-bills-still-bite
''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....
https://knews.kathimerini.com.cy/en/business/critical-raw-materials-moving-to-the-centre-of-europe-s-strategic-agenda
Critical raw materials have moved from being a specialised industrial topic to one of the defining economic and strategic issues facing Europe today....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
