https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/business/cyprus-developers-oversee-€8bn-portfolio-as-efforts-to-attract-us-investors-gather-pace
Cyprus is stepping up efforts to attract American investment as developers oversee projects worth more than €8bn across the island. The Government's plans come alongside calls from the construction sector for faster approvals, regulatory improvements and more affordable housing....
https://knews.kathimerini.com.cy/en/news/hunters-return-to-the-countryside-as-season-gets-off-to-a-promising-start
Cyprus’ hunting season opened with encouraging results for hunters and hundreds of checks by wardens, who reported 12 cases involving alleged violations ranging from hunting without a license to exceeding the partridge bag limit....
https://knews.kathimerini.com.cy/en/news/kronos-the-offshore-underdog-that-became-the-front-runner
Fifteen years after the first discovery of substantial hydrocarbon reserves in Cyprus’ exclusive economic zone, the Republic of Cyprus and Italian energy company Eni have taken their most significant step toward bringing the island into the ranks of energy-producing countries....
https://knews.kathimerini.com.cy/en/business/newly-opened-hadassah-center-faces-scrutiny-over-medical-services
The newly opened Hadassah Medical Center in Limassol is already facing scrutiny over how it provides medical care, following reports of complaints to the Health Ministry, claims the center has strongly challenged....
https://knews.kathimerini.com.cy/en/news/nicosia-hospital-suspended-from-ghs-after-legionella-detection
A private hospital in Nicosia has been suspended from Cyprus’ General Healthcare System (GHS) after Legionella bacteria were detected at the facility, prompting the suspension of its operating licence by the Ministry of Health....
https://knews.kathimerini.com.cy/en/news/build-first-get-permission-later-auditor-warns-planning-exceptions-are-becoming-the-rule
An examination of planning permits granted as exceptions to development plans has led the auditor general to uncover troubling practices that threaten to establish a second, parallel approval system....
https://knews.kathimerini.com.cy/en/news/qr-codes-could-help-patients-verify-whether-clinics-are-legally-licensed
Patients could soon be able to check whether a medical facility or beauty institute is legally authorised to operate by scanning a QR code displayed on its premises, under a bill submitted to the House of Representatives last week....
https://knews.kathimerini.com.cy/en/news/cyprus-investment-firm-fined-€100-000-over-misleading-information
When an investment company promotes its services online, customers should be able to understand the offer without being misled. And if it gives investment advice, it must have permission to do so....
https://knews.kathimerini.com.cy/en/news/greece–cyprus-power-cable-moves-toward-fresh-surveys-as-turkey-watches
Nexans, the French contractor responsible for the Greece–Cyprus electricity interconnection, known as the Great Sea Interconnector (GSI), has also asked the Republic of Cyprus authorities to issue the permits needed to conduct surveys....
https://knews.kathimerini.com.cy/en/news/funeral-home-accused-of-arranging-fake-death-certificates-for-up-to-€200
A representative of licensed funeral homes in Cyprus has alleged that some funeral businesses arrange death certificates without medical examinations, potentially allowing relatives to access assets or transfer property after a person's death....
https://knews.kathimerini.com.cy/en/business/new-chinese-electric-car-brand-enters-the-cypriot-market
A new electric vehicle brand has entered the Cypriot market, with Chinese automaker Linktour Automotive introducing its Alumi model to local consumers. CHR Prime Vehicles Ltd is the brand’s official representative in Cyprus....
https://knews.kathimerini.com.cy/en/news/bear-escape-puts-melios-zoo-dispute-back-in-the-spotlight
A bear getting out of its enclosure at Melios Zoo has brought a years-long dispute back into focus, as authorities prepare to identify which structures must be demolished and what will happen to the animals housed inside them....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/news/akamas-works-caused-damage-that-cannot-be-undone-audit-finds
The Audit Office has identified serious gaps in the environmental safeguards for construction projects in Akamas, highlighting weaknesses stretching from the initial planning and environmental assessment to construction, supervision, and the handling of violations....
https://knews.kathimerini.com.cy/en/business/another-company-heads-for-the-exit-centalion-moves-headquarters-out-of-cyprus
BrainRocket led the way, and Centalion Group is set to follow. The company announced on Oct. 2 that it had decided to move its headquarters out of Cyprus and relocate to Singapore....
https://knews.kathimerini.com.cy/en/business/coral-shell-licensee-inaugurates-its-100th-service-station-outside-greece
The year 2026 marks a particularly symbolic milestone for Coral - Shell Licensee, as it coincides with the 100th anniversary of Shell’s presence in Greece and the opening of the 100th service station bearing the Shell brand outside Greece.
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https://knews.kathimerini.com.cy/en/news/oruc-reis-to-conduct-surveys-off-cyprus-for-natural-gas-pipeline
As discussions continue in Greece over plans to begin surveys for the Great Sea Interconnector (GSI), preparations are advancing in Ankara for an undersea pipeline that would carry natural gas from Turkey to the Turkish-occupied north of Cyprus....
https://knews.kathimerini.com.cy/en/news/police-chase-leads-to-unexploded-bomb-outside-limassol-business
A suspicious motorcycle, a late-night police chase and an unexploded bomb outside a Limassol business put authorities on alert in the early hours of Wednesday....
https://knews.kathimerini.com.cy/en/news/four-arrests-expose-security-licence-breach-in-limassol
A police check at a premises in Limassol has resulted in four arrests after officers found three people working as private security guards without the required licences, while a fourth person was allegedly breaching the conditions of her existing licence....
https://knews.kathimerini.com.cy/en/news/‘we-know-who-they-are-poachers-rake-in-€10-million-a-year
Poachers in Cyprus are estimated to make more than €10 million in profits each year. Both the enormous sums involved and the cases presented before the House Environment Committee suggest that existing penalties are failing to act as an effective deterrent....
https://knews.kathimerini.com.cy/en/business/national-guard-spends-€9-5m-on-food-but-73-of-soldiers-avoid-meals
More than €9.5 million was spent feeding National Guard soldiers in 2025, yet a new Audit Office report has found significant problems with food safety, meal quality, ordering practices and waste, with 73% of soldiers saying they avoid certain dishes....
https://knews.kathimerini.com.cy/en/news/freeze-their-assets-and-take-their-guns-wildlife-chief-demands-tougher-action-on-poachers
Cyprus should consider freezing the assets of repeat poachers, banning them from owning guns, and even taking away their driving licenses, the head of the Game and Fauna Service told lawmakers Wednesday, warning that existing penalties are failing to stop a hard core of offenders....
https://knews.kathimerini.com.cy/en/news/court-of-appeal-upholds-detention-of-terrorism-suspect
Cyprus’ Court of Appeal has rejected an appeal by Khaled Mortaga against a decision to keep him in custody while he awaits trial on serious terrorism and organised crime charges....
https://knews.kathimerini.com.cy/en/news/revolut-data-breach-puts-cyprus-users-on-scam-alert
Revolut has suffered a data breach after fraudsters posing as government officials tricked the financial technology company into releasing sensitive customer information....
https://knews.kathimerini.com.cy/en/news/cyprus-hunters-say-activists-are-getting-in-their-way
A long-running dispute between hunters and activists in the Cyprus countryside is heading to Parliament, with the island’s Hunting Federation accusing individuals and organized groups of harassing people who are hunting legally....
https://knews.kathimerini.com.cy/en/news/mazonakis-cause-of-death-remains-a-mystery-after-autopsy
The cause of Giorgos Mazonakis’ death remains undetermined after an autopsy failed to provide a clear explanation for the popular singer’s sudden collapse....
https://knews.kathimerini.com.cy/en/news/plasma-exchange-is-a-medical-treatment-not-an-anti-aging-fix-hematologist-warns
Under Cyprus' regulatory system, the Ministry of Health, through the General Directorate, Medical Services and Public Health Services, is responsible for overseeing such facilities....
https://knews.kathimerini.com.cy/en/news/eight-years-zero-berths-and-€5-million-cyprus-never-collected-another-scandal-in-the-making
Six private operators were given the right to develop parts of Cyprus’ coastline. Eight years later, not one of the planned berthing facilities is operating, not a cent in annual fees has been paid and the state is estimated to have lost more than €5 million....
