https://knews.kathimerini.com.cy/en/news/us-lawmakers-push-washington-to-back-power-cable-linking-island-to-europe
For households used to opening their electricity bills with one eye closed, an undersea cable promising to connect the island to Europe’s power grid sounds important, and a group of US lawmakers agrees....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-40-revenue-growth-in-q1-fy2027
Freedom Holding Corp. (Nasdaq: FRHC), the parent company of Freedom24, has announced its financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026. The company reported total net revenue of $732.5 million, up 40% year on year from $524.0 million in the same period last year....
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/nicosia-metropolitan-park-plans-remain-stuck-in-procedural-delays
Plans to convert the State Fairgrounds into the Nicosia Metropolitan Park and potentially redevelop the SOPAZ area with multiple uses, including innovation zones, residential developments, educational facilities and other complementary functions, appear to have become stuck in procedural matters. ...
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/news/michalis-persianis-returns-to-kathimerini-cyprus-in-new-publishing-role
Michalis Persianis is returning to where an important part of his journalism career began, joining Kathimerini Cyprus as Publishing Consultant at a time when the way people find, read and trust news is changing rapidly....
https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform
The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....
https://knews.kathimerini.com.cy/en/news/calling-in-sick-under-the-microscope-as-government-targets-abuse-in-public-sector
Taking sick leave because you're genuinely ill is one thing. Regularly calling in sick when you're perfectly capable of turning up for work is another, and it is the second group the government says it wants to tackle....
https://knews.kathimerini.com.cy/en/news/more-than-4-200-apply-for-mortgage-to-rent-scheme-as-deadline-extended
For hundreds of households struggling with bad loans, the possibility of losing the family home has been hanging over them for years. Cyprus' mortgage-to-rent scheme is offering some of those borrowers a way to stay put, and thousands are trying to get in....
https://knews.kathimerini.com.cy/en/news/ever-wonder-where-your-tax-money-goes
From hospitals and universities to buses, water, political parties, and even Facebook and Google, Cyprus spent hundreds of millions of taxpayer euros in 2025, and a newly released Treasury list reveals where some of the biggest payments went.
...
https://knews.kathimerini.com.cy/en/news/government-municipality-funding-battle-shows-no-sign-of-ending
The dispute between the government and the Union of Municipalities over state funding for local authorities shows no sign of ending. ...
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/news/€156-million-and-still-suffocating-minister-tells-municipalities-to-explain
If government funding for municipalities rose from €70 million to €117 million, why are local authorities now saying they cannot breathe financially?...
https://knews.kathimerini.com.cy/en/news/need-something-from-your-municipality-today-expect-delays-until-noon
Municipalities across Cyprus are staging a three-hour peaceful protest Monday, pushing back against what they say is growing government interference in how local authorities manage their work and finances....
https://knews.kathimerini.com.cy/en/news/cypriots-are-choosing-fixed-rate-home-loans-and-it-s-saving-them-from-interest-rate-shocks
If you're taking out a mortgage in Cyprus today, chances are you're choosing a fixed interest rate rather than gambling on where borrowing costs might go next....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-expands-with-four-new-english-language-degrees
The University of Cyprus is opening its doors to more international students, and giving local students more options to study in English, after receiving government approval for four new English-language undergraduate degree programmes....
https://knews.kathimerini.com.cy/en/news/cyprus-brightest-young-ai-minds-head-to-world-olympiad-in-kazakhstan
While much of the world's conversation around artificial intelligence focuses on whether AI will replace jobs, a group of Cypriot students is preparing to show how the technology can be used to solve some of tomorrow's biggest challenges....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-best-sub-custodian-bank-in-cyprus-2026-by-global-finance
Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, one of the world’s leading international financial publications, reaffirming the Bank’s strong position in custody and post-trade services in the Cyprus market....
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/new-electric-vehicle-subsidy-scheme-expected-in-2027
Although electromobility continues to gain popularity among both consumers and car importers in Cyprus, the Government does not plan to announce a new subsidy scheme before the end of the year....
https://knews.kathimerini.com.cy/en/news/court-orders-€164-585-asset-confiscation-in-limassol-drug-trafficking-case
A Limassol criminal court has ordered the confiscation of assets worth €164,585 following the conclusion of financial investigations linked to a major drug trafficking case....
https://knews.kathimerini.com.cy/en/news/government-plans-crackdown-on-public-sector-sick-leave-abuse
The government is preparing changes to the rules on sick leave across the public sector, saying the goal is to tackle abuse while protecting the system for employees who genuinely need time off because of illness....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-eu-for-workers-from-other-member-states
Cyprus is one of the European Union’s biggest magnets for workers from other EU countries, ranking second among all member states for the share of its working-age population made up of people born elsewhere in the bloc....
https://knews.kathimerini.com.cy/en/comment/opinion/a-lifeline-for-small-businesses-or-another-state-monster
European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....
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/cyprus-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances
Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....
https://knews.kathimerini.com.cy/en/news/loose-federation-plan-for-cyprus-raises-fears-of-backdoor-confederation
A reported new proposal for solving the Cyprus problem is stirring controversy after claims that the United Nations is exploring a much looser form of federation, one that critics say edges closer to a confederation without officially calling it one....
https://knews.kathimerini.com.cy/en/business/limassol-s-job-market-stays-strong-as-finance-and-tech-companies-continue-hiring
While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....
https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
