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1. Coming elections put banks back in the spotlight

Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....

2. 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....

3. Who will fish Cyprus’ waters when the older generation steps ashore?

The future of Cyprus’ fishing harbors may depend not only on what remains in the sea but also on whether a new generation believes it can make a living from it....

4. Foreign ministry internal document reveals Cyprus is tracking key EU-Turkey policy shifts

An internal document from the Foreign Ministry has put the diplomatic service on high alert. The document, obtained by Kathimerini, stresses that these eight dossiers represent core strategic goals for Ankara....

5. 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....

6. Spain and Italy impose reciprocal border controls in Schengen dispute

Spain has introduced temporary border checks on travellers arriving from Italy, escalating a dispute between the two EU governments over Rome's decision to restrict the movement of some passengers arriving from Spain....

7. Freedom Holding Corp. Serves as General Partner of the FIDE-ISCF World Schools Team Championship Americas Stage in Costa Rica

The American Continental Stage of the FIDE-ISCF World Schools Team Championship 2026 will take place from 11 to 16 August in San José, Costa Rica. The event is organised by FIDE and the International Schools Chess Federation together with the Costa Rican Chess Federation and the Confederation of Chess for the Americas, with Freedom Holding Corp., the parent company of Freedom24, serving as General Partner....

8. 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....

9. 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....

10. Government workers and pensioners can now change their bank account online

For government employees and pensioners who need to change the bank account where their monthly payment lands, one more piece of bureaucracy is moving online....

11. National Cancer Institute expected to launch before end of 2026

Cyprus is expected to bring its National Cancer Institute into operation before the end of 2026, according to Health Minister Neophytos Charalambides, who said preparations are nearing completion....

12. Animal Party accuses government of breaking welfare commissioner pledge

The Cyprus Animal Party has criticised the government's latest cabinet reshuffle, saying it represents another missed opportunity to establish an independent Commissioner for Animal Welfare and Protection....

13. 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....

14. Digital Agenda Cyprus Summit 2026 – ''AI Wars''

The Digital Agenda Cyprus Summit returns in 2026 with one of the most timely and critical themes of our era: the global battle for power surrounding Artificial Intelligence (AI)....

15. The housing crisis is not just about homes, it's about Cyprus’ future

The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....

16. 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....

17. The Republic of Cyprus is being held hostage by its own energy crisis

Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....

18. 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....

19. Cyprus’ path to Schengen: Implications for employers

20. Nature thrives in Cyprus’s forgotten buffer zone

The United Nations buffer zone in Cyprus, often called the "dead zone," has transformed over five decades of isolation into a thriving sanctuary for regional wildlife....

21. 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....

22. Senior US Homeland Security officials visit Cyprus

The growing partnership between Cyprus and the United States was on full display this week as two senior US Homeland Security officials arrived on the island for high-level talks on security, migration and closer cooperation....

23. Waste tax could leave households paying more before recycling systems improve

Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....

24. Cyprus secures EU technical approval for Schengen

The Republic of Cyprus is on track to join the Schengen area, according to an EU technical evaluation presented to the competent Schengen Committee on June 26. Sources close to the matter indicate that the EU gave Cyprus a positive evaluation, describing it as technically ready for full participation in the Schengen area. ...

25. Cyprus registers steep drop in irregular migrant arrivals

he Republic of Cyprus has recorded an 86% drop in irregular migrant arrivals over the last three years, according to data shared by Nicholas A. Ioannides, the Deputy Minister of Migration and International Protection....

26. ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

27. EU approves emergency fertilizer support for farmers

Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....

28. Ireland's EU presidency set to cost more than three times Cyprus'

Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...

29. 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....

30. The right side of history is never guaranteed

President Trump has a well-known fondness for grand, gold-trimmed settings, and he has openly expressed his admiration for Mr. Erdoğan. Speaking to reporters at the White House on Wednesday, with NATO Secretary General Mark Rutte by his side, he made that clear once again....