https://knews.kathimerini.com.cy/en/news/budget-stays-in-surplus-as-war-and-rising-prices-squeeze-the-economy
The 2027 state budget will be presented to the Council of Ministers on Wednesday. It was prepared against a particularly challenging economic backdrop, just one week after the European Central Bank raised interest rates in an effort to contain inflationary pressures....
https://knews.kathimerini.com.cy/en/business/carney-urges-cyprus-and-nine-eu-states-to-ratify-canada-trade-deal
Canadian Prime Minister Mark Carney has called on Cyprus and nine other EU member states to ratify the European Union’s trade agreement with Canada, as Ottawa looks to strengthen its economic and political links with Europe while relations with Washington continue to deteriorate....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-open-the-door-to-new-business-deals
New business partnerships and joint ventures between Cyprus and Greece are in the pipeline across a broad range of economic sectors....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-upgrade-paphos-air-base-for-us-aircraft
The United States’ renewal of the arms embargo waiver for 2027 will help military agreements set in motion over the past several years proceed smoothly and reach completion....
https://knews.kathimerini.com.cy/en/news/government-chaos-over-the-power-cable
The president’s attempt to extinguish the latest fire surrounding the Cyprus-Europe electricity link through Crete—and clarify Nicosia’s position on the project—cannot be considered a success....
https://knews.kathimerini.com.cy/en/news/your-dog-may-not-enjoy-going-everywhere-with-you
The trend of taking dogs along to almost every human activity, cafés, restaurants, trips or public spaces, has grown significantly in recent years....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-shell-licensee-supports-the-5km-corporate-race-at-the-1st-cablenet-famagusta-run
Coral Cyprus (Shell Licensee) is participating as a sponsor of the 5km Corporate Race at the 1st Cablenet Famagusta Run, organised by Game On and taking place on Sunday, 11 October 2026, in the Famagusta District, with the race starting at 9:30 a.m.
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https://knews.kathimerini.com.cy/en/business/cyprus-tourism-in-2026-peak-season-recovery-narrows-the-gap
Cyprus tourism entered 2026 after a record 2025, when arrivals reached 4.53 million. Renewed instability in the Middle East then disrupted travel sentiment and reduced arrivals sharply in March and April. By July, however, the picture had improved: arrivals were only 1.1% below July 2025, following a 1.7% decline in June, compared with contractions of 30.7% in March and 27.6% in April.
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https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/news/cyprus-has-plenty-of-jobs-but-not-enough-workers
Employment in Cyprus is growing at a rapid pace, pushing unemployment close to record lows. This is positive for the country’s labor market, as it highlights the strength of the Cypriot economy and creates favorable prospects for growth. ...
https://knews.kathimerini.com.cy/en/news/take-1-cyprus-leaders-will-keep-talking-about-how-to-start-talks
The meeting between Nikos Christodoulides and Tufan Erhürman was never expected to produce dramatic news. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-and-erhurman-agree-to-step-up-cyprus-talks
President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhürman agreed on Wednesday to increase the frequency of their meetings as efforts to advance the Cyprus settlement process continue....
https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2026q2
KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for the second quarter of 2026....
https://knews.kathimerini.com.cy/en/news/the-growing-footprint-of-the-israeli-presence
In Latchi, Trozena and Polemidia—three very different parts of Cyprus—three separate Israeli-backed developments are under way....
https://knews.kathimerini.com.cy/en/news/cyprus-s-schengen-bid-could-be-affected-by-the-migration-crisis-in-ceuta
Cyprus has received a positive technical assessment, but the EU migration climate created by the Ceuta crisis could complicate the political discussions....
https://knews.kathimerini.com.cy/en/news/retiring-at-63-your-pension-penalty-could-drop-from-12-to-8
The submission of the pension reform bill to the social partners marks the beginning of the final stage of a long-running effort to modernize Cyprus’ social insurance system....
https://knews.kathimerini.com.cy/en/news/heavy-feet-busy-night-police-catch-126-drivers-speeding
Anyone who thought Cyprus’ roads might be quieter after dark clearly forgot one small detail: Cyprus drivers....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/news/the-islamic-nato-pact-and-what-it-means-for-cyprus
When Saudi Crown Prince Mohammed bin Salman, Turkish President Recep Tayyip Erdogan and Pakistani Prime Minister Shehbaz Sharif signed the so-called “Mecca pact” on August 7 at Al-Safa Palace in the holy city of Mecca, international media focused heavily on headlines about an “Islamic NATO” and a military axis in the Middle East....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-for-schengen-entry-without-resolving-national-issue
The Christodoulides administration has charted a new course by pursuing full Schengen membership regardless of whether the Cyprus problem is resolved, marking a break from previous governments....
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/foreign-ministry-internal-document-reveals-cyprus-is-tracking-key-eu-turkey-policy-shifts
An internal document from the Foreign Ministry has put the diplomatic service on high alert. The document, obtained by Kathimerini, stresses that these eight dossiers represent core strategic goals for Ankara....
https://knews.kathimerini.com.cy/en/news/nicosia-metropolitan-park-plans-remain-stuck-in-procedural-delays
Plans to convert the State Fairgrounds into the Nicosia Metropolitan Park and potentially redevelop the SOPAZ area with multiple uses, including innovation zones, residential developments, educational facilities and other complementary functions, appear to have become stuck in procedural matters. ...
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/business/larnaka-07-08-2026-lidl-better-living-days-summer2026-a-unique-summer-wellness-journey-full-of-flavor-energy-and-smiles-across-cyprus
With 6 destinations, over 1,700 participants and more than 3,500 portions of food, Lidl Cyprus once again confirmed its ongoing commitment to promoting a healthier lifestyle for young and old....
https://knews.kathimerini.com.cy/en/business/does-the-new-french-backing-of-the-greece–cyprus-cable-finally-mean-cheaper-electricity
The move, which appears to be a success for Athens and specifically for the Maximos Mansion and which surprised many in Nicosia, provides convincing answers to the questions and concerns that had been causing unease until this morning....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-strengthens-maintenance-partnership-with-bird-aviation
Cyprus Airways has signed an agreement with Bird Aviation for the provision of heavy maintenance services, further strengthening the successful cooperation between the two companies and reaffirming the airline’s commitment to safety, reliability, and operational excellence....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-more-local-nurses-and-it-s-now-offering-students-up-to-€5-750-to-join-the-profession
Cyprus is taking a new approach to one of its most persistent healthcare problems: encouraging more young people to become nurses and stay in Cyprus to work....
