https://knews.kathimerini.com.cy/en/business/cyprus-shopping-bill-outpaces-its-sales-trade-deficit-grows-in-first-half-of-2025
New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....
https://knews.kathimerini.com.cy/en/comment/opinion/usa-1-–-eu-0
Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....
https://knews.kathimerini.com.cy/en/news/employers-fined-for-ignoring-midday-work-ban
As scorching temperatures grip Cyprus, the Department of Labor Inspection has ramped up workplace checks to protect outdoor workers from heat exhaustion, carrying out 128 inspections in just two days and issuing multiple fines and work stoppages....
https://knews.kathimerini.com.cy/en/news/police-seize-knives-bat-brass-knuckles-in-larnaca
Five individuals were arrested in Larnaca during a coordinated police operation targeting crime and public safety, authorities said Thursday....
https://knews.kathimerini.com.cy/en/news/eu-commission-targets-cyprus-and-others-countries-in-broad-legal-crackdown
The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-brace-as-eu-plans-tariff-fight-with-u-s
The European Union is getting ready to slap tariffs on more than $100 billion worth of American goods, including planes, cars, bourbon and even medical devices, if trade talks with Donald Trump fall apart. But for now, Brussels says it’s hoping cooler heads will prevail....
https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
https://knews.kathimerini.com.cy/en/news/former-director-of-pattihio-theatre-sentenced-to-5-5-years-for-misappropriating-€234-550
The Limassol Criminal Court has sentenced the former director of the Pattihio Municipal Theatre to 5.5 years in prison for theft by an employee and money laundering....
https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-for-nato-shipments-as-europe-anticipates-potential-conflict-with-russia
As NATO braces for the possibility of a large-scale war with Russia within the next five years, Europe’s largest port is transforming itself into a strategic military logistics hub....
https://knews.kathimerini.com.cy/en/news/fake-‘labubu-toys-seized-in-cyprus-wide-raid
Cyprus Customs officials have seized more than 1,300 counterfeit items during a coordinated nationwide operation targeting fake branded toys and accessories....
https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-to-host-nato-forces-in-case-of-conflict-with-russia
Europe’s largest port is quietly preparing for a future that may include war....
https://knews.kathimerini.com.cy/en/news/ireland-first-to-ban-goods-from-israeli-settlements
Ireland is making history as the first European country to introduce a law banning the import of goods from Israeli settlements in the occupied Palestinian territories, a move that could send ripples across the EU and beyond....
https://knews.kathimerini.com.cy/en/news/around-5-tons-of-smuggled-meat-seized-in-police-operation
Approximately five tons of smuggled meat were seized during a police operation carried out early Friday morning in the area between Afania (Gazikoy) and Assia (Pasakoy), in occupied Famagusta....
https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/digital-assistant-answers-more-than-104-000-citizen-questions
The Digital Assistant on the gov.cy portal has responded to more than 104,000 citizen questions in its first six months of operation, the Deputy Ministry of Research, Innovation and Digital Policy announced....
https://knews.kathimerini.com.cy/en/news/arrest-made-five-years-after-supermarket-theft
A 44-year-old man was arrested Tuesday in connection with the theft of goods worth €181,000 from a supermarket in the Larnaca district between 2020 and 2021, police said....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-approve-tariff-hikes-on-russian-belarusian-agricultural-imports
The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....
https://knews.kathimerini.com.cy/en/news/u-s-to-eu-drop-your-tariffs-or-face-new-trade-war-financial-times-reports
In a stark escalation of trade tensions, the United States is pressing the European Union to drop tariffs on American goods without expecting the same in return or face a new wave of steep US duties, the Financial Times reports....
https://knews.kathimerini.com.cy/en/news/eu-proposes-€2-fee-on-packages-from-china-based-retailers-like-shein-temu
The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....
https://knews.kathimerini.com.cy/en/news/christianna-diogenous-georgios-kazantzis-and-joseph-antoniou-to-speak-at-the-green-agenda-cyprus-summit
This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/business/fake-local-produce-€35-000-in-fines-uncover-product-labeling-misconduct-in-cyprus
Authorities have issued €35,000 in fines for 74 violations of legislation targeting unfair commercial practices in the agricultural supply chain since the law came into force in 2022, the Ministry of Agriculture announced Monday....
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/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/fowl-play-customs-scramble-to-seize-92-kilos-of-smuggled-chicken
Cyprus Customs officials recently seized over 92 kilograms of chicken, animal offal, and eggs, along with hundreds of duty-free cigarettes, during inspections at Pyla and Agios Dometios....
https://knews.kathimerini.com.cy/en/news/1-coffee-up-veggies-down-march-prices-shift-across-cyprus
Shoppers in Cyprus may have noticed some familiar staples getting pricier last month, with Cypriot coffee and frozen burgers topping the list of products with the biggest price jumps in March....
https://knews.kathimerini.com.cy/en/news/cyprus-cracks-down-on-easter-food-safety-with-island-wide-inspections
As Cypriots prepare for their Easter feasts, the Ministry of Agriculture is stepping up efforts to ensure that what ends up on the table is safe, fresh, and exactly what it claims to be....
https://knews.kathimerini.com.cy/en/news/prison-or-mini-market
A prison cell in Nicosia turned into a makeshift shop, complete with croissants, cigarettes, coffee, and prepaid phone cards, has landed a chief warden, an inmate, and the inmate’s wife in serious legal trouble....
https://knews.kathimerini.com.cy/en/news/they-re-kissing-my-ass-trump-boasts-about-trade-talks-video
In true Donald Trump fashion, the former U.S. President lit a firestorm overnight, not with policy, but with his words....