https://knews.kathimerini.com.cy/en/news/finance-ministry-reopens-‘mortgage-to-rent-scheme-for-vulnerable-homeowners
A new window is reopening for Cyprus’ “Mortgage to Rent” scheme, with the Finance Ministry announcing that applications will once again be accepted for vulnerable borrowers struggling with non-performing loans tied to their primary homes....
https://knews.kathimerini.com.cy/en/news/eu-firefighting-hub-in-cyprus-set-to-launch-ahead-of-2026-wildfire-season
The European Union is moving ahead with a new regional firefighting initiative in Cyprus, with officials confirming that a base in Paphos will be ready in time for the 2026 summer wildfire period....
https://knews.kathimerini.com.cy/en/news/cyprus-legal-service-exposed-over-€26-million-in-uncollected-court-debts
A newly released audit of Cyprus’s Legal Service for 2023–2024 describes serious inefficiencies in how court-awarded fines and costs are handled, with tens of millions of euros remaining unpaid and systemic weaknesses affecting oversight and enforcement....
https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-firefighting-fleet-with-black-hawk-helicopter-deal
The Ministry of Defence has finalized a leasing deal for four Black Hawk helicopters to strengthen Cyprus’ firefighting capacity ahead of the 2026 wildfire season....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-hundreds-of-thousands-monthly-as-fsru-prometheus-sits-idle-in-malaysia
Cyprus is continuing to incur substantial monthly costs while the floating natural gas storage and regasification unit (FSRU) Prometheus remains idle in Malaysia....
https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department
Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/paphos-turkish-cypriot-properties-under-investigation-after-mismanagement-allegations
Following complaints involving the Municipality of Paphos and its suspended mayor over the handling of Turkish Cypriot properties, Cyprus’s Ministry of Interior has launched a review of leasing practices managed by the Turkish Cypriot Properties Management Service....
https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions
A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....
https://knews.kathimerini.com.cy/en/news/after-19-years-of-delays-the-paphos-marina-is-back-on-the-table
The government is once again trying to breathe new life into one of Paphos’ most talked-about development projects: the long-awaited Paphos marina. ...
https://knews.kathimerini.com.cy/en/news/a-dinner-that-makes-a-difference-this-holiday-season
If you’re looking for a night out that does more than fill your calendar, one that actually helps change children’s lives, mark December 12 on your diary. The Shriners Hospitals for Children are hosting a charity dinner in Nicosia, blending good food, good company, and a whole lot of heart....
https://knews.kathimerini.com.cy/en/news/paphos-revives-city-center-with-affordable-student-hostels
Abandoned buildings in Paphos’ city center are getting a new lease on life, as the municipality transforms them into affordable student housing. ...
https://knews.kathimerini.com.cy/en/news/mavrokolympos-back-in-service-what-we-re-waiting-for-now-is-rain
The Mavrokolympos dam in Paphos, whose sudden damage earlier this year triggered water shortages and forced Cyprus to import mobile desalination units, has finally been repaired, authorities announced....
https://knews.kathimerini.com.cy/en/business/pentakomo-tech-park-attracts-global-investors
The long-discussed Pentakomo Technology Park project is finally showing signs of serious progress, with both Cypriot and foreign investors expressing concrete interest, officials say....
https://knews.kathimerini.com.cy/en/news/pentemili-beach-landing-site-of-turkish-forces-in-1974-to-become-military-museum
Pente Mili Beach, where the Turkish invasion of Cyprus began in 1974, will be transformed into a military museum managed by the Evkaf Administration, authorities said. ...
https://knews.kathimerini.com.cy/en/comment/opinion/were-our-firefighting-helicopters-for-display-purposes-only
Two days before the devastating wildfires, the Auditor General sent a letter asking why helicopters, hired through a no-bid process, were sitting idle in Paphos instead of helping fight fires....
https://knews.kathimerini.com.cy/en/news/government-unveils-comprehensive-aid-package-for-limassol-fire-victims-cash-payments-rent-subsidies-and-full-damage-restoratio
Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/news/parliamentary-committee-to-publish-t-c-property-lists-every-three-months
In a move aimed at boosting fairness and transparency, Cyprus’s Parliamentary Committee on Refugees announced Tuesday that updated lists of available Turkish Cypriot properties will be published every three months online....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-no-plans-to-cancel-u-of-cyprus-lease-for-faneromeni-school
The lease agreement allowing the University of Cyprus to use the historic Faneromeni School building will not be canceled, Nicosia Mayor Charalambos Prontzos confirmed to K on Monday, dismissing speculation about a potential change of plans....
https://knews.kathimerini.com.cy/en/business/aegean-reports-strong-2024-results-with-record-revenue-and-passenger-growth
AEGEAN announces its operating and financial results for fiscal year 2024....
https://knews.kathimerini.com.cy/en/news/private-company-constructs-power-plant-in-mari-without-permits
A private company has built key infrastructure to support the operation of a privately owned power plant in Mari without obtaining the necessary permits, according to a special report by the Audit Office....
https://knews.kathimerini.com.cy/en/news/73-year-old-woman-and-daughter-lead-family-run-sex-trafficking-ring-in-athens
In a dramatic operation earlier this week, Greek police, in collaboration with NGOs OUR RESCUE and A21, dismantled a large sex trafficking ring allegedly run by a 73-year-old woman, known only as ''Marina,''...
https://knews.kathimerini.com.cy/en/news/audit-office-wants-big-changes-to-land-program-for-low-income-families
The Audit Office has called for a major revision of the Land Allocation Plan for low-income families....
https://knews.kathimerini.com.cy/en/news/woman-thrives-after-groundbreaking-pig-kidney-transplant
Towana Looney, a 53-year-old Alabama resident, is enjoying a new lease on life after receiving a gene-edited pig kidney in a groundbreaking transplant at NYU Langone Health last month....
https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus
A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....
https://knews.kathimerini.com.cy/en/news/underworld-tied-to-mismanagement-of-turkish-cypriot-properties
The latest twist in the ongoing scandal of mismanaged Turkish Cypriot properties involves claims that underworld figures are involved in illegal leasing deals....
