https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55
A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....
https://knews.kathimerini.com.cy/en/news/drug-manufacturer-recalls-batches-of-remethan-arthritis-pills-over-quality-control-issues
Pharmaceutical manufacturer Remedica Limited has initiated a voluntary recall of specific batches of its prescription drug Remethan 100mg prolonged-release tablets. ...
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/cyprus-finishes-eu-presidency-with-major-deals-on-health-travel-rights-and-migration
Cyprus officially concludes its six-month presidency of the Council of the European Union on June 30, with the government expressing clear satisfaction over what it describes as a successful term....
https://knews.kathimerini.com.cy/en/comment/opinion/limited-liability-pension-reform
The government's focus for the rest of the year will be low pensions. The government's plan is to grant pension increases to all retirees, regardless of income level, following the same approach adopted in the tax reform....
https://knews.kathimerini.com.cy/en/news/your-pension-is-changing-but-you-ll-still-retire-at-the-same-age
Labour Minister Marinos Mousiouttas has signaled the start of an intensive round of summer consultations on pension reform, aiming to bridge remaining differences between trade unions, employers and other stakeholders before the bill reaches parliament....
https://knews.kathimerini.com.cy/en/business/pwc-foundation-awards-14-scholarships-once-again-to-first-year-students-of-the-university-of-cyprus-and-cyprus-university-of-technology
For the fourth consecutive year, the PwC Foundation continues to actively support equal access to education by awarding 14 scholarships to high-achieving first-year students of the University of Cyprus (7) and the Cyprus University of Technology (CUT) (7)....
https://knews.kathimerini.com.cy/en/comment/opinion/politicsblog-exceptions-trolls-avvakoum-and-leaks
Little Nikos (Nikos Christodoulides) greeted the latest Mafia State developments with visible discomfort, while his beloved blonde Madonna (Annita Demetriou) appears to be facing a dilemma....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-and-anima-investment-network-opened-euromed-days-in-nicosia-placing-cyprus-at-the-centre-of-euro-mediterranean-investment-cooperation
Invest Cyprus & ANIMA Investment Network successfully opened EUROMED DAYS - Connecting Regions, Empowering Growth: Mediterranean-Europe Investment Partnerships for a Resilient Future, a high-level regional investment forum that took place in Cyprus from 15 to 17 June 2026....
https://knews.kathimerini.com.cy/en/news/cypriots-feel-slightly-better-off-financially-but-many-still-struggle-to-make-ends-meet
Cypriots are feeling slightly more financially secure than they did a year ago, but rising living costs, money worries and concerns about retirement continue to weigh heavily on many households, according to a new nationwide survey....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/business/cap-st-georges-hotel-resort-celebrates-an-exceptional-achievement-with-10-awards-at-the-cyprus-tourism-awards-2025-and-the-cyprus-estia-awards-2026
Cap St Georges Hotel & Resort is proud to announce an exceptional achievement at the prestigious Cyprus Tourism Awards 2025 and Cyprus Estia Awards 2026, securing a total of ten distinguished accolades that reaffirm its position among Cyprus' leading luxury hospitality destinations....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/business/hadassah-chose-cyprus
On July 1, 2026, Hadassah Medical Center officially opens its doors in Limassol, bringing to Cyprus for the first time the expertise, scientific knowledge and philosophy of one of the world's most recognized academic and medical organizations....
https://knews.kathimerini.com.cy/en/news/cyprus–france-defense-ties-reach-new-level-with-landmark-military-cooperation-deal
A new chapter in Cyprus–France military relations has opened following the signing of a defense cooperation agreement between the two countries’ defense ministers on the sidelines of the EU Defense Ministers’ meeting held in Nicosia....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-renews-its-commitment-to-the-environment-responsibility-grows-actions-multiply
With a consistency that characterizes its sustainability strategy, Lidl Cyprus continues to implement actions with a substantial impact, renewing its commitment to the environment and society. This year, the company's successful campaign, with its timeless message "The greater you are, the greater your responsibility" returns to highlight the steady progress and new, enhanced results of its initiatives....
https://knews.kathimerini.com.cy/en/business/greek-shipowners-turn-to-cyprus-flag-as-registry-gains-momentum
More Greek-owned ships are choosing to sail under the Cyprus flag, in a growing trend that Cypriot officials say is strengthening the island’s already significant role in global shipping....
https://knews.kathimerini.com.cy/en/news/former-minister-drops-bombshell-politics-holding-cyprus-back
Comments made by former Energy Minister Giorgos Papanastasiou at the Green Agenda Summit sparked discussion on Thursday, as he openly criticized political and party interference in Cyprus’ energy sector, arguing that it has delayed critical projects and weakened the country’s energy planning.
...
https://knews.kathimerini.com.cy/en/news/cyprus-secures-access-to-€1-18-billion-in-eu-defense-funding
EU Defense Commissioner Andrius Kubilius announced on Monday that the European Commission and Cyprus have completed the signing of a €1.18 billion loan agreement under the SAFE program, a key component of the EU's broader effort to strengthen its defense capabilities....
https://knews.kathimerini.com.cy/en/business/ey-announces-the-appointment-of-2-new-partners-in-cyprus
EY Cyprus is pleased to announce the addition of two new Partners to its leadership team, Antonis Josephakis and Simos Simou....
https://knews.kathimerini.com.cy/en/business/entrepreneurial-ambitions-rise-in-cyprus-but-barriers-to-growth-remain
Cypriots are expressing strong interest in entrepreneurship and increasing confidence in their ability to launch businesses, according to the latest Global Entrepreneurship Monitor (GEM) report for 2024/2025. Despite this positive outlook, several long-standing challenges continue to limit the number of new companies being established....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-and-akti-5-years-of-joint-action-against-plastic-pollution-through-project-zero
Remaining true to its commitment to protecting the environment and reducing plastic pollution, Lidl Cyprus announces the continuation of its strategic collaboration with the AKTI Project and Research Centre for the 5th consecutive year, under the umbrella of the comprehensive programme “Project Zero”....
https://knews.kathimerini.com.cy/en/news/pension-reform-moves-forward-but-cypriots-told-to-wait-a-little-longer
Cyprus is moving a step closer to a long-promised overhaul of its pension system, with the Labour Ministry saying it plans to submit draft legislation to parliament by mid-July....
https://knews.kathimerini.com.cy/en/life/limassol-s-economic-transformation-through-the-centuries
Limassol is one of the clearest examples in the Eastern Mediterranean of a city that transformed its economic identity over the centuries. What began as a small farming settlement gradually developed into a complex economic hub with international reach. Its geographic position, historical circumstances, and the adaptability of its people shaped a dynamic economic journey....
https://knews.kathimerini.com.cy/en/news/who-will-hold-the-power-after-sunday-s-may-24-parliamentary-elections
The parliamentary elections on May 24 are, by all indications, set to be the vote that reshapes Cyprus’ political map as it has been known for decades....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-booms-as-industry-hts-25-year-high
Cyprus’ shipping industry is reaching new highs, with the country strengthening its position as one of the world’s major maritime hubs at a time when global trade and regional instability continue reshaping international shipping routes....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-and-slimstock-join-forces-to-redefine-their-supply-chain-planning
Alphamega Hypermarkets are proud to announce a strategic partnership with Slimstock, a leading provider of supply chain planning solutions. This partnership is part of the company’s ongoing growth and investment in advanced technologies designed to enhance operational efficiency and elevate the overall customer experience....
https://knews.kathimerini.com.cy/en/news/explosive-sea-drone-off-greece-sparks-fears-of-war-creeping-into-mediterranean
The discovery of a Ukrainian-designed sea drone packed with explosives off the Greek island of Lefkada is raising alarm in Athens over the possibility that the war in Ukraine could be expanding beyond the Black Sea and into the Mediterranean....
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-opens-athens-campus
The University of Nicosia officially opened its new Athens campus on Thursday, with the leaders of both Cyprus and Greece describing the move as more than just an academic expansion, but also a strengthening of the long-standing ties between the two countries....
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....