https://knews.kathimerini.com.cy/en/business/there-are-plenty-of-jobs-but-the-right-workers-are-missing
The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....
https://knews.kathimerini.com.cy/en/business/on-the-path-to-becoming-europe-s-leading-snack-brand
Alesto, the brand for nuts and dried fruits of Lidl, is undergoing a strategic evolution. At the heart of this transformation is the creation of a unique brand identity: Alesto is evolving from a classic product brand into a modern brand centered on enjoyment. With a sharper brand profile and new packaging, Alesto is being completely reimagined. The new concept puts the focus on quality, well-being, and conscious enjoyment, positioning the product range precisely at the intersection of conscious nutrition....
https://knews.kathimerini.com.cy/en/business/cyta-to-build-cyprus-largest-privately-owned-data-center-after-redmax-acquisition
Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....
https://knews.kathimerini.com.cy/en/news/finance-ministry-rejects-staffing-claims-as-school-psychologists-increase-by-69
The Ministry of Finance has dismissed reports claiming it refused a request to fund additional educational psychologists in next year's state budget, saying discussions on the Ministry of Education's 2027 spending plans are still underway....
https://knews.kathimerini.com.cy/en/news/golden-defence-deals-and-tough-messages-to-putin-and-iran
The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...
https://knews.kathimerini.com.cy/en/news/residents-and-businesses-reject-nicosia-s-€10-8m-historic-centre-redevelopment-plan
Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....
https://knews.kathimerini.com.cy/en/news/cypriot-cabinet-approves-€6-35-million-in-new-aid-to-clear-foot-and-mouth-compensation-claims
The Cypriot government has finalized two new financial relief packages totaling €6.35 million to support livestock farmers recovering from a major foot-and-mouth disease crisis that began on February 20, 2026. This newly approved funding increases total state support for the sector to €39 million....
https://knews.kathimerini.com.cy/en/news/health-officials-warn-of-higher-legionella-risk-during-summer-heat
The Department of Labour Inspection has called for stricter monitoring and maintenance of water systems as high summer temperatures increase the likelihood of Legionella bacteria developing in certain installations....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-shell-licensee-strengthens-the-shell-service-station-network-with-a-new-strategic-location-in-aradippou
Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55
A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....
https://knews.kathimerini.com.cy/en/news/un-chief-urges-cypriot-leaders-to-seize-fading-window-of-opportunity-for-peace
United Nations Secretary-General António Guterres has delivered a direct message to the leaders of the Greek Cypriot and Turkish Cypriot communities, warning that the current momentum toward a political settlement is fragile and cannot be taken for granted....
https://knews.kathimerini.com.cy/en/business/cyprus-records-strongest-retail-sales-growth-in-the-eu
Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/trump-expected-to-back-turkey-s-return-to-f-35-programme
US President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that he is prepared to support Turkey's return to the F-35 fighter jet programme, reversing a decision taken during his first term in office that excluded Ankara over security concerns....
https://knews.kathimerini.com.cy/en/news/cyprus-institute-of-neurology-and-genetics-opens-massive-new-€31m-campus-extension
The Cyprus Institute of Neurology and Genetics (CING) has officially inaugurated a massive new facility at its campus, marking the largest infrastructure expansion in the prominent research organization’s decades-long history....
https://knews.kathimerini.com.cy/en/business/evangelia-eliadou-massimo-giordano-on-the-minthis-music-festival-2026
Evangelia Eliadou, Executive Director of Pafilia, and Massimo Giordano, internationally acclaimed Italian tenor, Artistic Director of the Minthis Music Festival and Co-Founder of LaimTee Art, discuss the vision behind Minthis Music Festival 2026, its exceptional artistic programme and its evolution into one of Cyprus’ most refined cultural experiences. ...
https://knews.kathimerini.com.cy/en/business/cyprus-fights-for-vital-air-links-as-eu-prepares-to-change-state-aid-rules
The government has submitted a detailed package of six proposals to Brussels in an effort to shield the island’s aviation network from upcoming changes to European state aid regulations....
https://knews.kathimerini.com.cy/en/news/eu-launches-five-major-joint-defence-projects-to-counter-fragmented-military-spending
The European Union has launched five massive, multi-billion-euro military initiatives in a coordinated effort to force member states out of their habit of buying weapons independently....
https://knews.kathimerini.com.cy/en/news/supreme-court-awards-quarry-worker-€95-000-for-severe-injuries-in-machinery-accident
A Cyprus quarry worker who suffered a shattered shoulder and underwent three major surgeries after a colleague accidentally turned on a conveyor belt has won a total of €95,000 in damages following a successful Supreme Court appeal....
https://knews.kathimerini.com.cy/en/news/permanent-military-positions-for-contract-soldiers-increase-by-60
The Ministry of Defence will grant permanent status to 400 contract professional soldiers (SYOP), expanding the intake from an originally planned 250 positions....
https://knews.kathimerini.com.cy/en/news/erhurman-says-no-formal-cyprus-plan-exists
Diplomatic activity surrounding the Cyprus issue is set to increase this month, following the conclusion of parliamentary elections and the end of the Republic of Cyprus's term heading the Council of the European Union....
https://knews.kathimerini.com.cy/en/business/licensing-chaos-in-tourism-55-of-accommodations-without-a-license
The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....
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/news/keeping-it-steady-text-book-thursday-weather-ahead
The island is looking at mostly clear skies across the board, with temperatures hovering exactly where the meteorologists expect them to be at this time of year....
https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum
Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....
https://knews.kathimerini.com.cy/en/news/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. ...
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/usa-catholic-church-agrees-to-$395m-payout-over-500-abuse-lawsuits
The Catholic Archdiocese of San Francisco is set to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, according to attorneys representing the survivors....
https://knews.kathimerini.com.cy/en/news/counter-terrorism-exercise-planned-at-limassol-port-this-wednesday
A large-scale counter-terrorism exercise will take place at Limassol Port on Wednesday, July 1, between 8:00am and 12:00pm, bringing together emergency services, government agencies and private sector partners to test their response to a simulated security incident....
