https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/greek-cypriot-firefighter-arrested-in-pyla-buffer-zone-during-inspection-visit
A Greek Cypriot firefighter was arrested on Thursday by authorities in the Pyla buffer zone, during what was described as a routine inspection visit linked to upcoming summer vegetation clearance works, according to CNA....
https://knews.kathimerini.com.cy/en/news/11-arrested-as-police-step-up-overnight-raids-and-traffic-checks-across-urban-areas
Police arrested 11 people overnight across urban areas in a series of coordinated operations targeting crime, traffic violations and public disorder....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-the-best-bank-in-cyprus-in-global-finance-s-world-s-best-banks-awards-2026
Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank in Cyprus in its World’s Best Banks Awards 2026....
https://knews.kathimerini.com.cy/en/news/new-affordable-homes-rise-but-residents-raise-concerns-over-nearby-eac-pylons
For many young couples in Cyprus, owning a home can feel increasingly out of reach. Rising property prices, high rents and limited housing options have turned what was once considered a basic life milestone into a growing challenge....
https://knews.kathimerini.com.cy/en/news/cyprus–france-defense-ties-reach-new-level-with-landmark-military-cooperation-deal
A new chapter in Cyprus–France military relations has opened following the signing of a defense cooperation agreement between the two countries’ defense ministers on the sidelines of the EU Defense Ministers’ meeting held in Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-in-line-for-€800-million-in-eu-funding-for-migration-and-security
Cyprus is expected to receive approximately €800 million from the European Union between 2028 and 2034 to support migration policy, security initiatives and border management, Interior Minister Konstantinos Ioannou announced on Monday....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/1-holiday-rental-prices-in-cyprus-rise-as-summer-demand-peaks
Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer season....
https://knews.kathimerini.com.cy/en/news/study-harder-or-your-future-depends-on-this-the-pressure-students-feel-in-cyprus
We’ve all heard phrases like ''just study'' or ''your future depends on this'' from parents or teachers at some point in our lives. But how helpful are these words really?
...
https://knews.kathimerini.com.cy/en/news/drivers-urged-to-slow-down-to-curb-wildlife-deaths-on-cyprus-roads
Authorities are calling on motorists to take extra care on rural roads as vehicle collisions continue to pose a risk to wildlife across Cyprus, particularly during a period when many animals are more active in search of food, water and breeding grounds....
https://knews.kathimerini.com.cy/en/news/cyprus-facing-legal-action-over-missing-aviation-fuel-penalty-rules
Cyprus is among 13 European Union countries facing legal action from the European Commission for failing to introduce national penalties required under EU aviation fuel legislation designed to encourage the use of cleaner fuels....
https://knews.kathimerini.com.cy/en/news/is-nuclear-power-back-on-the-table-for-cyprus-energy-future
Speaking from the Green Agenda conference stage, former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas outlined the potential for Cyprus to join a growing group of countries exploring small modular reactors (SMRs) as part of their future energy mix....
https://knews.kathimerini.com.cy/en/business/cyprus-based-brokerage-boosts-its-financial-safety-under-regulator-pressure
A Limassol-based brokerage firm has updated its financial disclosures to Cyprus regulators in a move aimed at strengthening its resilience against market volatility and meeting stricter EU financial rules....
https://knews.kathimerini.com.cy/en/business/evgenii-tiapkin-‘there-is-no-equivalent-to-the-freedom-ecosystem-in-the-eu
Last Wednesday, 3 June, the President of Cyprus, Nikos Christodoulides, arrived in Kazakhstan at the invitation of President Kassym-Jomart Tokayev, accompanied by a delegation of officials and representatives of the national business community. The heads of state held bilateral talks. The talks then continued in an expanded format with the participation of delegations from both countries, and a bilateral business forum was held on the same day. ...
https://knews.kathimerini.com.cy/en/news/eu-pushes-to-tighten-visa-rules-for-russian-tourists
Ten European Union member states are calling for a tougher visa regime for Russian citizens, urging the European Commission to consider new legislative measures to restrict tourist travel from Russia into the Schengen area....
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
https://knews.kathimerini.com.cy/en/business/nvidia-vp-sees-ai-as-a-tool-to-help-cyprus-tackle-traffic-water-and-climate-changes
Artificial intelligence has the potential to help tackle some of Cyprus’ biggest challenges, from energy and water management to climate resilience and traffic congestion, according to John Josephakis, Global Vice President of HPC/Supercomputing at NVIDIA....
https://knews.kathimerini.com.cy/en/news/europe-records-highest-sti-rates-in-more-than-a-decade
Cases of bacterial sexually transmitted infections (STIs) climbed to their highest levels in more than ten years across Europe in 2024, according to newly released figures from the European Centre for Disease Prevention and Control (ECDC)....
https://knews.kathimerini.com.cy/en/news/eu-positions-firefighting-aircraft-in-cyprus-before-summer-fire-season
Cyprus has already received two RescEU firefighting aircraft, which are now based at the new European Regional Firefighting Station. The facility is expected to be officially inaugurated later this year....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-one-of-europe-s-highest-rates-of-illicit-cigarette-use
Cyprus ranked among the European countries with the highest share of illicit cigarette consumption in 2025, according to findings presented this week at a conference in Brussels focused on illegal trade and security challenges across Europe....
https://knews.kathimerini.com.cy/en/news/el-nino-set-to-return-bringing-a-higher-risk-of-heatwaves-drought-and-flooding
The World Meteorological Organization (WMO) says El Niño conditions are taking shape in the tropical Pacific and are likely to influence weather patterns across the globe during the coming months. The agency estimates an 80% chance that El Niño will be present between June and August 2026, with the likelihood climbing to around 90% or higher through at least November....
https://knews.kathimerini.com.cy/en/business/cysec-fines-limassol-forex-firms-over-missing-risk-warnings-in-cfd-trading-ads
Cyprus’ financial regulator has imposed fines and issued formal warnings to two Limassol-based forex companies after finding that they failed to properly display risk warnings in their marketing for high-risk trading products....
https://knews.kathimerini.com.cy/en/news/police-map-48-dangerous-crash-hotspots-across-cyprus
Cyprus police have identified 48 locations across the island where road accidents are happening more frequently, raising fresh concerns about road safety on some of the country’s busiest routes....
https://knews.kathimerini.com.cy/en/news/no-more-cash-rent-new-payment-rule-takes-effect-across-cyprus-from-july-1
If you pay your rent in cash, that habit is about to become a thing of the past....
