https://knews.kathimerini.com.cy/en/business/why-electric-vehicle-grants-are-being-put-on-hold
The Cyprus Ministry of Transport has reduced its electric vehicle (EV) grant allocation due to low demand, scaling back funding from €38 million to €32.8 million. ...
https://knews.kathimerini.com.cy/en/business/cyprus-foreign-companies-pledge-30-local-workforce-by-2027
Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...
https://knews.kathimerini.com.cy/en/news/europe-to-tourists-enough-is-enough
If you’re planning a European getaway in 2025, expect more rules, higher fees, and fewer places to party. From Venice to Santorini, some of Europe’s most iconic destinations are saying “enough is enough” when it comes to mass tourism....
https://knews.kathimerini.com.cy/en/news/vat-challenges-for-electronic-money-institutions
In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....
https://knews.kathimerini.com.cy/en/news/cyprus-restarts-gas-project-with-european-aid-and-floating-giant-prometheus
Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-set-to-slow-down-says-imf
The International Monetary Fund (IMF) has lowered its expectations for how much Cyprus's economy will grow over the next two years....
https://knews.kathimerini.com.cy/en/news/german-teen-backpackers-deported-from-hawaii-over-hotel-mix-up
What was meant to be a sun-soaked five-week stopover in Hawaii turned into a harrowing ordeal for two German teenagers, who were arrested, detained, and ultimately deported—because they didn’t have a hotel booking....
https://knews.kathimerini.com.cy/en/business/why-the-u-s-china-trade-war-matters-to-cyprus-and-europe
As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...
https://knews.kathimerini.com.cy/en/news/southeastern-europe-warmer-than-ever
In July 2024, the Eastern Mediterranean experienced its most intense heatwave on record....
https://knews.kathimerini.com.cy/en/life/cypriot-roots-african-heart-archbishop-makarios-reflects-on-a-life-of-faith-and-mission
Archbishop Makarios of Nairobi, Exarch of All Eastern Africa, marked his 80th birthday on April 18 with a deeply personal message reflecting on a life devoted to spiritual service, missionary work, and love for Africa, the continent he now calls home....
https://knews.kathimerini.com.cy/en/news/akamas-for-sale
Nearly two years after serious environmental violations were first reported in the Akamas peninsula, a protected and ecologically sensitive area, illegal activity continues, seemingly without consequences....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-war-backfires-as-tourists-ditch-u-s-head-to-europe
The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-loan-rates-again-giving-borrowers-a-breather
Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....
https://knews.kathimerini.com.cy/en/news/aykut-family-launches-billboard-campaign-against-cyprus-president
The Aykut family has taken their fight with the Cypriot government to the streets, literally. Giant billboards with bold accusations against Cyprus and President Nikos Christodoulides have appeared in Hebrew in various locations, painting the island as unsafe for Israelis and demanding justice for 75-year-old Simon Aykut, who has been jailed in Cyprus for nearly a year....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-makes-its-move-in-the-age-of-ai
Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/news/cypriots-struggle-to-keep-up-as-food-and-energy-prices-climb
As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....
https://knews.kathimerini.com.cy/en/news/waitstaff-say-employers-are-pocketing-their-tips
Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....
https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-–-09-04-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/mild-earthquake-shakes-limassol-area
A mild earthquake with a preliminary magnitude of 2.8 was recorded early Monday in the sea southeast of Limassol, according to the European-Mediterranean Seismological Centre....
https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference
Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....
https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-–-04-04-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/imf-cyprus-public-sector-salaries-27-higher-than-private-sector
In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....
https://knews.kathimerini.com.cy/en/news/poisoned-bonelli-s-eagle-leads-to-major-wildlife-and-weapons-seizure-in-paphos
A poisoned Bonelli’s eagle has led authorities to uncover a trove of illegal bird-trapping equipment, banned pesticides, unlicensed firearms, and dozens of protected birds, resulting in the arrest of a 40-year-old man in the Paphos district....
https://knews.kathimerini.com.cy/en/news/luxury-villas-in-occupied-north-selling-for-millions-but-not-for-the-locals
Ultra-luxury villas in the occupied areas of Cyprus are being snapped up for eye-watering prices, with some homes going for as much as £6 million (or over 300 million Turkish lira), particularly in sought-after locations like Kyrenia and Trikomo....
https://knews.kathimerini.com.cy/en/comment/opinion/system-failure-or-failure-of-its-operators
The recent, catastrophic failure of the Ministry of Social Welfare and the Social Welfare Services to provide necessary protection to five children is yet another example of a systemic issue, ...
https://knews.kathimerini.com.cy/en/business/revolut-slapped-with-record-fine-over-money-laundering-lapses
British fintech giant Revolut, one of the world’s most valuable start-ups, has been fined €3.5 million by Lithuania’s central bank for failing to properly monitor suspicious transactions and protect against money laundering....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/news/court-upholds-denial-of-cypriot-citizenship-to-individual-from-mixed-marriage
The Supreme Constitutional Court of Cyprus has upheld a decision to deny citizenship to a woman born in the Turkish-occupied north of the island, highlighting national security concerns linked to her parentage in a mixed marriage....
https://knews.kathimerini.com.cy/en/life/two-worlds-one-journey-cyprus-meets-cambodia
Cyprus and Cambodia may be worlds apart, but they’re finding common ground in a shared mission: to redefine travel, trade, and cultural exchange....
