https://knews.kathimerini.com.cy/en/business/cyprus-falls-behind-in-the-race-to-become-a-regional-trade-hub
Cyprus’ ambition to become a regional trade hub is running up against reality. Its strategic location offers clear advantages, but turning those advantages into a competitive trading center remains a distant prospect....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/news/government-seeks-to-change-halloumi-s-51-sheep-and-goat-milk-rule
The halloumi in your fridge is at the center of a growing dispute over how Cyprus can protect its signature cheese—and the livelihoods that depend on it....
https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/news/cyprus-turns-to-israeli-weapons-but-france-remains-its-top-arms-supplier
Sixty-two years after its establishment, the National Guard has spent the past 15 years entering a new era, leaving behind a period defined largely by its inward-looking approach....
https://knews.kathimerini.com.cy/en/business/cyprus-defense-tech-industry-grows-but-can-it-turn-innovation-into-business
The number of defense technology companies in Cyprus is growing, creating a diverse ecosystem capable of developing new solutions as well as bringing existing technologies to market.
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https://knews.kathimerini.com.cy/en/comment/opinion/cheaper-electricity-cyprus-gets-another-timetable
Cyprus pays the highest price per kilowatt-hour in Europe not because of some exceptional set of circumstances, but because of an energy model built on complete dependence on heavy fuel oil for electricity generation....
https://knews.kathimerini.com.cy/en/business/cyprus-s-import-bill-races-ahead-as-trade-gap-widens-by-€820-million
From the fuel in our cars to the goods arriving on shop shelves, Cyprus buys far more from abroad than it sells overseas. That gap has grown by almost €820 million in a year....
https://knews.kathimerini.com.cy/en/news/oil-is-getting-through-hormuz-why-are-cyprus-fuel-prices-still-rising
Oil is getting through the Strait of Hormuz again in substantial quantities. For drivers in Cyprus, however, the prospect is still another increase at the petrol station....
https://knews.kathimerini.com.cy/en/news/u-s-diesel-ban-could-push-up-prices-in-europe-and-consequently-cyprus
A reported U.S. plan to halt diesel exports for 90 days has alarmed Brussels and could eventually be felt far beyond the negotiating rooms—including at petrol stations and supermarket checkouts in Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-returns-to-an-a-rating-but-what-happens-next-matters-more
After 15 years, the Republic of Cyprus has once again secured an A rating from S&P. This achievement closes a major chapter and gives us reason to look back at the recent history of our economy....
https://knews.kathimerini.com.cy/en/news/global-lng-prices-up-150-while-cyprus-terminal-remains-unfinished
Europe is scrambling to secure enough natural gas for winter, with global prices soaring as supplies from Qatar remain trapped behind one of the world’s most dangerous shipping bottlenecks....
https://knews.kathimerini.com.cy/en/news/uk-bans-trade-with-‘settler-terrorists-accuses-them-of-ethnic-cleansing
Britain is banning trade with Israeli settlements in the occupied West Bank, accusing violent settlers of carrying out the ethnic cleansing of Palestinians....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-3-3-but-is-it-reaching-your-pocket
Cyprus’ economy grew by 3.3% in the second quarter of 2026, comfortably outperforming the eurozone, but that does not necessarily mean every household is feeling richer....
https://knews.kathimerini.com.cy/en/news/€610-million-plan-to-rebuild-cyprus-livestock-farming
Cyprus is considering a €610 million overhaul of its livestock industry after the foot-and-mouth disease crisis exposed serious weaknesses in the way farms operate....
https://knews.kathimerini.com.cy/en/news/damascus-adds-european-flights-as-syria-comes-off-us-terror-list
Syria is getting two new direct links to Europe, just as one of the biggest restrictions hanging over the country has been removed....
https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout
Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus.
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https://knews.kathimerini.com.cy/en/news/still-driving-an-old-car-the-eu-is-not-forcing-you-to-scrap-it
A new European Union regulation covering cars that reach the end of their useful life took effect Thursday, but Cypriot drivers can relax: nobody is coming to tow away the old car still faithfully, or perhaps noisily, getting them to work.
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https://knews.kathimerini.com.cy/en/news/newly-signed-mecca-pact-alters-security-balance-in-eastern-mediterranean
A mutual defense pact signed in Mecca by Saudi Arabia, Turkey, and Pakistan alters the strategic balance across the Middle East and the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/britain-considers-nuclear-shield-for-trade-route-back-to-europe
Britain may have found its most dramatic route back towards Europe: use its nuclear weapons as a bargaining chip....
https://knews.kathimerini.com.cy/en/news/poland-economy-now-larger-than-belgium-sweden-ireland-and-austria
Poland has quietly joined the European Union’s economic heavyweights, overtaking several of the bloc’s wealthiest and most established members....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-is-growing-so-why-does-life-still-feel-so-expensive
Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....
https://knews.kathimerini.com.cy/en/news/our-health-comes-first-limassol-port-truck-drivers-walk-off-the-job-over-x-ray-scanner-fears
For the hundreds of truck drivers who pass through Limassol port every day, Thursday wasn't business as usual....
https://knews.kathimerini.com.cy/en/business/us-blocks-new-chinese-made-ai-robots
The United States has taken another major step in its technology showdown with China, blocking new imports of Chinese-made humanoid robots, robot dogs, and certain power inverters, arguing the devices could pose cybersecurity and national security risks....
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-first-energy-exports-from-2028
Cyprus expects to begin exporting energy from its own natural gas reserves within the next few years, with the first shipments of gas planned through Egypt's liquefied natural gas facilities from 2028 onwards, Energy Minister Michalis Damianos has said....
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/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
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/cyprus-gas-fields-declared-ready-for-development
Most Cypriots have heard about ''Cyprus natural gas'' for years, usually alongside big announcements, technical terms, and long timelines. Now, there is another step forward, but again, the benefits are still far from the kitchen table....
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....
