https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/out-about/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus
If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-global-space-stage-with-new-industry-alliance
Cyprus is moving from the sidelines to active participation in the global space industry, as local companies gain access to funding, partnerships and large-scale international projects through a newly formed industry association....
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/news/pwc-foundation-volunteering-days-2025
Driven by a strong sense of responsibility and profound social awareness, PwC Cyprus and the PwC Foundation rallied their team across Cyprus once again for the annual Volunteering Days 2025. ...
https://knews.kathimerini.com.cy/en/comment/opinion/stablecoins-on-the-rise-bridging-crypto-chaos-and-traditional-finance
Stablecoin promises to bring together the best of both worlds: the efficiency of blockchain and the benefits of decentralized finance, paired with the trust inherent in traditional currencies....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-the-mediterranean-s-rising-star-in-global-film-and-tv
From high-end series to blockbuster films and major reality shows, Cyprus is starting to shine on the radar of international studios. And like any great production, this transformation is driven by strategy and professionalism....
https://knews.kathimerini.com.cy/en/news/meta-tiktok-and-other-platforms-could-pay-up-if-fraudsters-slip-through
For the first time, social media platforms like Meta and TikTok will be legally responsible if users fall victim to financial scams, following a deal reached by EU lawmakers in the early hours of Thursday....
https://knews.kathimerini.com.cy/en/news/eu-slams-u-s-blackmail-over-tech-rules
Europe’s top antitrust official has fired a warning shot at the Trump administration, saying the U.S. is using ''blackmail'' to pressure the EU into watering down its digital rules....
https://knews.kathimerini.com.cy/en/comment/opinion/makarios-avenue-struggles-to-reclaim-its-glory-despite-makeover
No one doubts that Makarios Avenue in Nicosia is facing serious commercial challenges. This has been one of the city’s most discussed and critical issues for some time now....
https://knews.kathimerini.com.cy/en/business/black-friday-hits-cyprus-shoppers-warned-to-watch-for-real-deals
Cyprus has officially entered Black Friday week, and retailers are hoping for one of the strongest shopping weekends in years, as long as shoppers believe the deals are real....
https://knews.kathimerini.com.cy/en/business/halloumi-overtakes-pharmaceuticals-to-become-cyprus-second-biggest-export
Cyprus’ most famous cheese is no longer just a national treasure, it’s becoming an export powerhouse. New data show halloumi soaring past pharmaceutical products in the first half of 2025, cementing its place as the country’s second-largest export after fossil fuels and oils....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-filling-up-fast-as-christmas-tourism-hits-record-highs
Cyprus is heading into the Christmas season with hotels filling fast and tourist bookings reaching new highs. Officials say the island remains one of Europe’s favorite winter destinations, with occupancy rates already strong and last-minute reservations expected to push them even higher....
https://knews.kathimerini.com.cy/en/comment/opinion/the-us-and-china-s-influence-in-greece
In the coming weeks and months, we will witness a focused effort by the US to limit the role and influence of China in Greece. This is nothing new. ...
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-rake-in-over-€750-million-even-as-rate-cuts-cool
Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....
https://knews.kathimerini.com.cy/en/news/cyprus-isn-t-one-property-market-anymore-—-it-s-five
Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/business/leadership-change-at-lidl-hellas-and-lidl-cyprus
After four successful years at the helm, Martin Brandenburger, Chief Executive Officer and Chairman of Lidl Hellas and Lidl Cyprus, will step down from the chairmanship at the end of February 2026....
https://knews.kathimerini.com.cy/en/news/pompeo-to-kathimerini-cyprus-must-stand-firm-with-the-west
In a wide-ranging interview, former U.S. Secretary of State and current Executive Chairman of Impact, Mike Pompeo, spoke about the importance of Western unity, the evolving geopolitical balance in Ukraine and the Middle East, the challenge posed by China, and Cyprus’ role in an increasingly complex global landscape....
https://knews.kathimerini.com.cy/en/business/ai-is-changing-everything-but-are-we-ready-for-it
Artificial intelligence is reshaping the global economy, labor, education, and finance, creating vast opportunities but also deep challenges, speakers warned at the 21st Economist Conference in Cyprus, where AI dominated this year’s agenda....
https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-opens-india-hub-to-attract-new-business
The Bank of Cyprus is setting up a special ''India Hub'' to help Indian businesses work with the bank and explore opportunities in Cyprus and Europe....
https://knews.kathimerini.com.cy/en/news/online-job-scams-spreading-fast-and-cyprus-could-be-next
At first glance, the job offers looked legitimate, openings at major companies, “remote work” possibilities, and HR emails that seemed real. But behind the scenes were scammers using sophisticated tricks to steal money or personal information....
https://knews.kathimerini.com.cy/en/news/1-stress-tests-for-cyprus-digital-infrastructure-reveal-gaps-in-cyber-and-technical-resilience
Cyprus’ digital infrastructure is under pressure as a wave of cyberattacks and technical failures exposes vulnerabilities in both security and operational resilience. Experts warn that recent incidents bear signs of cyber espionage, not just crime....
https://knews.kathimerini.com.cy/en/news/new-rocket-launchers-hit-the-streets-of-cyprus
In a move that caught Ankara off guard, Cyprus quietly renewed its military arsenal, unveiling two squadrons of Serbian-designed Tamnava rocket launchers during the island’s recent Independence Day celebrations....
https://knews.kathimerini.com.cy/en/business/fairfax-bets-big-on-cyprus-with-stake-in-eurobank-insurance
Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....
https://knews.kathimerini.com.cy/en/comment/opinion/france-does-not-reform
France is a country that does not reform, at least not without blood and plenty of protest. Its history proves this. In fact, it is from France that we ourselves imported large doses of the culture of questioning and dissent....