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/comment/opinion/alan-greenspan-the-maestro
Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...
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/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/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/business/banks-contributed-€427-million-in-cyprus-in-2025
The opposition is once again reopening the issue of additional taxation on banks in Cyprus, an issue which the previous Parliament had indeed opened but ultimately failed to pass. ...
https://knews.kathimerini.com.cy/en/business/apple-raises-prices-on-macbooks-and-ipads
Apple has raised prices across a range of its popular devices, in a move that could eventually be felt by consumers in Cyprus as well, especially those planning to upgrade their laptops or tablets....
https://knews.kathimerini.com.cy/en/news/fuel-tax-relief-extended-giving-drivers-2-more-months-of-breathing-room
Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....
https://knews.kathimerini.com.cy/en/business/food-prices-continue-to-rise-despite-lower-costs-for-fresh-produce
Consumers faced further increases in the cost of several everyday grocery items in May, according to the latest Consumer Product Price Observatory published by the Consumer Protection Service....
https://knews.kathimerini.com.cy/en/news/thousands-of-government-hourly-workers-to-strike-next-week-over-pay-dispute
Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....
https://knews.kathimerini.com.cy/en/life/i-do-now-costs-up-to-€70-000-in-cyprus
If you thought inflation was only hitting groceries and electricity bills, think again, it has apparently also made its way into weddings....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/business/after-the-mafia-state-report-attention-turns-to-investor-confidence
The findings of the investigation into Mafia State, which identified potential criminal offenses involving 15 individuals and legal entities, are expected to have an immediate effect on public confidence and Cyprus’s reputation abroad....
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/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/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/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/news/provocative-salaries-pensions-and-payouts-for-mps
One issue that has come back into focus is the generous pension package, lump-sum payments, and salaries enjoyed by members of the House of Representatives. Unsurprisingly, no MP has ever stepped forward to defend them....
https://knews.kathimerini.com.cy/en/news/livestock-farmers-return-to-streets-this-morning-over-foot-and-mouth-crisis
Frustration is boiling over among Cyprus’ livestock farmers, who are set to stage another protest in Nicosia on Friday over the government’s handling of the foot-and-mouth disease outbreak, a crisis many farmers say is threatening not only their animals but also their livelihoods....
https://knews.kathimerini.com.cy/en/news/new-parliament-same-big-question-who-really-decides-cyprus-economic-future
Fears of a fragmented Parliament that would struggle to get things done did not materialize, with six parties now set to shape Cyprus’ political and legislative agenda over the next five years....
https://knews.kathimerini.com.cy/en/business/brace-for-another-interest-rate-hike-in-june-cyprus-central-banker-warns
Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....
https://knews.kathimerini.com.cy/en/news/imf-warns-cyprus-against-costly-energy-measures-and-foreclosure-delays
The International Monetary Fund (IMF) has issued clear warnings and observations about the Cypriot economy following the conclusion of its mission to the country, which took place from the last 10 days of April through early May.
...
https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/business/finance-ministry-says-government-actions-helped-keep-inflation-low-in-cyprus
Government policies introduced since 2025 have played a clear role in keeping prices relatively contained, according to the Ministry of Finance, which pointed to the latest Eurostat data to support its position....
https://knews.kathimerini.com.cy/en/comment/opinion/why-are-cyprus-biggest-projects-always-delayed
Cyprus is struggling with long and costly delays in major infrastructure projects, with some of the country’s most high-profile developments still stuck in limbo....
https://knews.kathimerini.com.cy/en/comment/opinion/a-collapsed-cake
Every time our government opens its mouth and lays out new lofty goals and grand ambitions, the oven gets preheated, the temperature rises, there is sometimes even a sense of admiration, and President Nikos Christodoulides, playing the role of chef, prepares yet another political cake, hoping to serve it to Cypriot society....
