https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€4-4m-yearly-interest-from-eu-loan-to-ukraine
Cyprus is expected to contribute roughly €4.4 million annually toward servicing the €90 billion loan the EU plans to raise on the markets to support Ukraine in the coming years, according to sources from Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-water-crisis-deepens-as-dams-run-half-empty
This winter’s performance, at least when it comes to water flowing into Cyprus’ dams, has created what officials describe as an explosive situation. ...
https://knews.kathimerini.com.cy/en/news/billions-in-gas-years-of-waiting-americans-back-on
2026 is shaping up as a pivotal year for the Republic of Cyprus’ energy program, with developments related both to hydrocarbon deposits in Cyprus’ Exclusive Economic Zone (EEZ) and to the broader energy picture in the Eastern Mediterranean beginning to take concrete shape as planning moves forward....
https://knews.kathimerini.com.cy/en/news/€1-2bn-to-rearm-the-cyprus-national-guard
The approval of the Republic of Cyprus’ application to participate in the EU’s SAFE regulation (Security Action for Europe) opens a new chapter in the National Guard’s armaments program, the largest since its establishment. ...
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/news/nine-dead-in-tripoli-building-collapse
At least nine people were killed and several others injured when two adjoining apartment buildings collapsed in the northern Lebanese city of Tripoli, triggering frantic rescue efforts and fresh anger over unsafe housing in the impoverished city....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/business/cyprus-casinos-brace-for-new-competition-from-greece-and-uae
Cyprus’ casino industry is bracing for new competition, with upcoming casinos in Greece and the United Arab Emirates expected to shake up the local market, officials said Thursday....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/we-can-t-pay-this-farmers-hit-with-water-bills-going-back-ten-years
Farmers across Cyprus say they’ve been hit with shocking water bills going back nearly ten years, and they warn the sudden charges could put them out of business....
https://knews.kathimerini.com.cy/en/news/larnaca-is-about-to-look-very-different
Larnaca is gearing up for a busy and expensive year ahead....
https://knews.kathimerini.com.cy/en/news/paralimni–deryneia-moves-forward-with-pontian-greek-genocide-memorial
The Municipality of Paralimni–Deryneia has formally opened a public tender for the construction of a new memorial site dedicated to the Genocide of the Pontian Greeks, marking a significant step in commemorating one of the most tragic chapters of Hellenism’s modern history....
https://knews.kathimerini.com.cy/en/news/54-year-old-becomes-latest-flu-victim-bringing-death-toll-to-13
The number of people who have died after being hospitalised with confirmed influenza this season has risen to 13, health officials reported on Tuesday, following the death of a 54-year-old man at a private clinic. ...
https://knews.kathimerini.com.cy/en/comment/opinion/property-prices-hit-the-brakes-but-the-housing-crisis-remains
I am referring to the price race the real estate sector has been running for quite some time now, a rally that is also producing negative spillovers for housing affordability....
https://knews.kathimerini.com.cy/en/news/from-genocide-disputes-to-e-visas-turkey-and-armenia-take-a-step-toward-each-other
For the first time in decades, citizens of Turkey and Armenia will find it easier to cross the heavily guarded border between the two neighbors, thanks to a new agreement simplifying visa procedures....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/news/israelis-are-flying-out-in-record-numbers-and-cyprus-is-their-go-to-gateway
Flights from Israel to Cyprus are reaching eye-catching levels this year, placing the island at the heart of a major surge in regional air travel, and making it the most connected destination from Israeli airports worldwide....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-the-forefront-of-expanding-defense-partnership-with-greece-and-israel
Cyprus is set to play a growing role in a deepening defense partnership with Greece and Israel, as the three countries move to expand joint military activity and security cooperation in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses
The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....
https://knews.kathimerini.com.cy/en/news/limassol-hit-by-separate-arson-incidents-during-christmas-period-video
Authorities in Limassol are investigating two separate arson incidents reported within hours of each other during the Christmas period, raising concerns about fire-related vandalism in the coastal city....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
https://knews.kathimerini.com.cy/en/news/parents-plead-guilty-in-larnaca-child-abuse-case-involving-five-minors
A deeply disturbing case involving the prolonged abuse of five children in the Larnaca district has entered a critical phase, with both parents formally acknowledging their guilt before the Criminal Court....
https://knews.kathimerini.com.cy/en/news/€10-2-million-paid-to-drought-hit-farmers-in-cyprus
Cyprus paid out €10.2 million in compensation to farmers and producer groups hit by severe drought, the Agriculture Department announced, marking a major step in easing the financial strain caused by one of the driest periods in recent years....
https://knews.kathimerini.com.cy/en/news/half-a-million-cubic-meters-of-rain-won-t-save-cyprus-next-summer
Early signs from this winter’s rainfall are already raising alarm bells: the water collected in Cyprus’ dams so far is nowhere near enough to change the picture for 2026....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/news/500-affordable-homes-to-be-built-for-young-families-across-major-cities
Cyprus is set to get hundreds of new affordable homes, with the government announcing plans to build around 500 residential units across Nicosia, Limassol, Larnaca and Paphos. ...
https://knews.kathimerini.com.cy/en/news/first-flamingos-of-the-season-return-to-larnaca-while-their-numbers-continue-to-decline
The winter arrival of flamingos has been recorded at Larnaca Salt Lake, one of Cyprus’ most important wetlands. Each year, the island’s wetlands host a significant portion of the Eastern Mediterranean’s migratory flamingo population, with numbers peaking during the colder months....
