https://knews.kathimerini.com.cy/en/business/the-rising-and-falling-cost-of-everyday-essentials
An uneven picture has emerged on supermarket shelves since the beginning of the year, with some products recording increases of up to 30%, while other basic products have become cheaper. ...
https://knews.kathimerini.com.cy/en/news/meta-slapped-with-massive-$942-million-bill-over-harm-to-children
For parents who have spent years telling their children to get off Instagram and put down their phones, a landmark U.S. court ruling may sound very familiar....
https://knews.kathimerini.com.cy/en/news/five-men-committed-for-trial-in-cyprus-terrorism-case
Five men accused in a terrorism-related case have been committed for trial before the Permanent Criminal Court of Larnaca, with proceedings scheduled to begin on October 14....
https://knews.kathimerini.com.cy/en/news/french-investor-throws-its-weight-behind-cyprus-greece-power-cable
After months of uncertainty over whether the much-discussed electricity cable between Cyprus and Greece would actually move forward, a major French investor has entered the picture, and it is taking control....
https://knews.kathimerini.com.cy/en/news/he-promised-imported-cars-police-say-€827-400-disappeared-instead
For anyone in Cyprus who has ever searched abroad hoping to find a better deal on a car, the alleged scheme sounds worryingly familiar: choose the vehicle, hand over the money and wait for it to arrive....
https://knews.kathimerini.com.cy/en/news/ever-wonder-where-your-tax-money-goes
From hospitals and universities to buses, water, political parties, and even Facebook and Google, Cyprus spent hundreds of millions of taxpayer euros in 2025, and a newly released Treasury list reveals where some of the biggest payments went.
...
https://knews.kathimerini.com.cy/en/news/cypriots-save-but-banks-pay-little-in-return
Cypriots who keep their savings in the bank are receiving very little in return, despite paying considerably higher interest when they need to borrow money....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-profits-climb-to-€252-million-as-loans-and-deposits-grow
Bank of Cyprus made €252 million in after-tax profit during the first six months of 2026, marking a 7% increase from the same period last year....
https://knews.kathimerini.com.cy/en/news/shell-cashes-out-of-aphrodite-as-cyprus-still-waits-for-first-gas
Shell is leaving Cyprus’ Aphrodite gas field in a deal worth as much as $720 million, handing its share to Hungary’s MOL Group before the long-delayed project receives its final investment approval....
https://knews.kathimerini.com.cy/en/news/€156-million-and-still-suffocating-minister-tells-municipalities-to-explain
If government funding for municipalities rose from €70 million to €117 million, why are local authorities now saying they cannot breathe financially?...
https://knews.kathimerini.com.cy/en/news/need-something-from-your-municipality-today-expect-delays-until-noon
Municipalities across Cyprus are staging a three-hour peaceful protest Monday, pushing back against what they say is growing government interference in how local authorities manage their work and finances....
https://knews.kathimerini.com.cy/en/business/crypto-firms-face-tougher-rules-with-mica-taking-full-effect-in-cyprus
The end of the transition period brings stricter oversight of anti-money laundering compliance, customer protection, and the operations of crypto service providers....
https://knews.kathimerini.com.cy/en/news/six-arrested-after-alleged-kidnapping-and-extortion-of-20-year-old-in-famagusta
Six men have been arrested in connection with the alleged kidnapping of a 20-year-old man and an alleged attempt to extort money from him in the Famagusta district....
https://knews.kathimerini.com.cy/en/news/paid-nearly-€10-000-for-solar-panels-that-never-arrived-police-say
Thinking about installing solar panels to cut your electricity bills? Police are urging people to do their homework after a Paphos resident allegedly lost €9,800 in a deal that never materialized....
https://knews.kathimerini.com.cy/en/comment/opinion/surrounded-by-sea-yet-still-looking-inward
It is clearly no coincidence that Cyprus' administrative capital has been located inland for so many centuries, nor is it accidental that, as the island's native inhabitants, we have historically had such a limited relationship with the sea. ...
https://knews.kathimerini.com.cy/en/business/hotels-may-be-busy-but-cyprus-is-earning-far-less-from-tourism
The beaches are busy, hotel pools are full, and flights continue to arrive, but Cyprus' tourism industry is earning significantly less money than it did this time last year....
https://knews.kathimerini.com.cy/en/news/property-developer-savvas-kakos-arrested-over-alleged-€12-million-fraud-scheme
For many people, buying property is the biggest investment they'll ever make. But police say dozens of people may have lost millions after allegedly falling victim to a property fraud scheme that is now at the center of a major criminal investigation....
https://knews.kathimerini.com.cy/en/news/local-businessman-arrested-in-alleged-property-fraud-and-money-laundering-case
A 62-year-old businessman from Larnaca has been arrested as part of a major police investigation into an alleged web of property fraud, forged documents, and money laundering....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/news/where-is-cyprus-spending-your-money-€412-million-poured-into-projects-in-six-months
Cyprus recorded an increase in state development spending during the first half of 2026, according to a report by the Treasury on the implementation of the state budget....
https://knews.kathimerini.com.cy/en/news/the-videogate-case-solved-a-few-details-but-nobody-knows-who-paid-for-the-job
Despite the size of the investigation and the sheer volume of gathered evidence, the core question stays open: who ordered the "Videogate" job, and what were they actually trying to achieve? ...
https://knews.kathimerini.com.cy/en/news/landlord-who-broke-into-his-own-property-to-sell-tenant-s-belongings-loses-appeal
If a tenant owes you money, can you simply walk into your own property, take their belongings, and sell them to recover your losses?...
https://knews.kathimerini.com.cy/en/news/the-€5-and-€20-in-your-wallet-could-soon-look-very-different
Take a look at the euro notes in your wallet. The €5 you use for your morning coffee, the €20 you hand over at the supermarket, or the €50 you keep aside for emergencies could look very different in the coming years....
https://knews.kathimerini.com.cy/en/news/court-orders-€164-585-asset-confiscation-in-limassol-drug-trafficking-case
A Limassol criminal court has ordered the confiscation of assets worth €164,585 following the conclusion of financial investigations linked to a major drug trafficking case....
https://knews.kathimerini.com.cy/en/business/cypriots-can-now-buy-shares-in-the-new-cooperative-from-€100
Starting Wednesday, July 22, people in Cyprus will be able to buy shares in the new Pancyprian Cooperative Holdings and Cooperative Promotion Society through a newly launched online platform....
https://knews.kathimerini.com.cy/en/business/€100-million-a-month-scam-three-cyprus-residents-among-suspects
A phone call from a ''financial adviser'' promising easy profits. A professional-looking investment platform showing money growing. Regular messages building trust over weeks or even months....
https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war
Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....
https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network
A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....
https://knews.kathimerini.com.cy/en/news/not-quite-the-perfect-crime
Larnaca Police have arrested two suspects, aged 41 and 42, in connection with an attempted bank robbery in Kiti on June 19....
https://knews.kathimerini.com.cy/en/news/the-missing-links-keeping-cyprus-beaches-out-of-reach-for-wheelchair-users
Over the last seven years, Cyprus has taken various steps to make its beaches more accessible to people with disabilities. Yet, getting into the sea is only part of the equation. ...
