https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/it-s-nearly-within-our-grasp-clear-skies-warm-vibes-and-the-weekend-just-a-breath-away
It’s Friday again. Some said it would never come. Even the sun seemed unsure, but here we are, Friday morning, and 5pm is just 10 hours away....
https://knews.kathimerini.com.cy/en/news/trump-poised-for-strike-on-iran-as-israel-urges-‘finish-the-job
President Donald Trump has approved military plans for a potential U.S. strike on Iran, but he has not yet given the green light to carry them out. While the White House is preparing for a possible offensive “in the coming days,” officials say Trump is still hoping that the mere threat of force will push Iran to abandon its nuclear ambitions....
https://knews.kathimerini.com.cy/en/news/sun-sweat-and-slight-sea-swells-your-weekend-weather-forecast
A classic seasonal low-pressure system has plopped itself over the region, which in normal-human terms means: the heat’s here, and it’s not in a rush to leave....
https://knews.kathimerini.com.cy/en/news/stranded-young-tourists-evacuated-in-rare-style-aboard-luxury-liner-crown-iris-escorted-by-israeli-navy
A luxury cruise ship carrying more than 1,500 young tourists arrived in Cyprus this week after a covert evacuation from Israel, as hostilities between Israel and Iran intensified....
https://knews.kathimerini.com.cy/en/news/temperatures-stay-high-as-sunshine-dominates-the-forecast
It’s a scorcher, and it’s not letting up just yet. A seasonal low-pressure system is hanging around, but that doesn’t mean much drama—just a lot of sun and some toasty temps....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-organizes-consecutive-leadership-events-designed-to-equip-family-and-small-businesses-with-strategic-insights-and-practical-tools-to-foster-growth
PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...
https://knews.kathimerini.com.cy/en/news/summer-drama-in-the-skies-with-heat-thunder-and-a-chance-of-showers-but-make-it-scenic
You know it's that time of year when the air feels like soup and your sunglasses fog up the moment you step outside. We're deep into heatwave season now, but today, summer is switching things up with a little cinematic flair....
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/news/cyprus-s-role-in-middle-east-crisis-is-‘strictly-humanitarian-says-christodoulides
President Nikos Christodoulides emphasized Saturday that the Republic of Cyprus is maintaining a strictly humanitarian stance amid rising tensions in the Middle East, as the government steps up diplomatic engagement and internal security measures....
https://knews.kathimerini.com.cy/en/news/middle-east-crisis-escalates-out-of-control
Israel launched the largest military operation in its history against Iran on Friday, carrying out a surprise, large-scale assault targeting Iran’s nuclear, military and scientific infrastructure....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/news/attorney-general-rejects-request-by-the-thanasi-s-family-to-pursue-criminal-charges
The Legal Service will not pursue criminal charges in the case of murdered National Guardsman Thanasis Nikolaou, prompting sharp criticism from his mother, Adriana Nikolaou, who accused Cypriot institutions of perpetuating a cover-up....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-to-host-20-000-visitors-during-upcoming-eu-council-presidency
Cyprus is preparing to welcome approximately 20,000 visitors, including delegates and journalists, during its upcoming six-month Presidency of the Council of the European Union, Deputy Minister for European Affairs Marilena Raouna said Wednesday....
https://knews.kathimerini.com.cy/en/news/man-rescues-entangled-loggerhead-turtle-off-akamas-coast
A man out on a speedboat near the Akamas peninsula came to the rescue of a distressed loggerhead sea turtle (Caretta caretta) after spotting it tangled in a plastic bag and struggling to swim....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-e-kalathi-digital-shopping-platform
Energy, Commerce and Industry Minister George Papanastasiou is set to announce the launch of the e-Kalathi digital platform during a press conference Wednesday....
https://knews.kathimerini.com.cy/en/news/waking-up-in-a-heatwave-and-facing-38°c-with-grit-fog-and-a-little-hope
The pull of your bed is strong. The air-conditioning hums like a lullaby and the outside world feels far too bright, too hot, too much. But the day doesn’t wait....
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/business/long-term-government-bonds-face-growing-investor-pushback
Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-‘i-am-under-coordinated-attacks
Paphos Mayor Phedon Phedonos says he is facing coordinated attacks from a small but organized group with significant interests, but insists he won’t be intimidated....
https://knews.kathimerini.com.cy/en/business/new-cafe-to-open-inside-closed-famagusta-sparks-debate
The so-called ''mayor'' of the occupied area of Famagusta, Suleiman Ulucai, announced plans for a new beach restaurant to open this summer inside the closed-off city of Varosha, raising fresh tensions amid the ongoing division of Cyprus....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/news/say-it-isn-t-so-the-trump–elon-bromance-blows-up-online
Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....
https://knews.kathimerini.com.cy/en/news/cyprus-slips-into-deflation-for-the-first-time-since-2021
Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/alpha-bank-sets-sights-on-cyprus-insurer-altius-in-expansion-push
Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....
https://knews.kathimerini.com.cy/en/news/the-firefighter-who-refused-to-stay-silent
In one of the darkest chapters of modern Greek history, when flames engulfed the seaside town of Mati in July 2018, claiming 104 lives in a matter of hours, it wasn’t just the fire that left scars; it was the lack of response and accountability....
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
https://knews.kathimerini.com.cy/en/comment/opinion/let-them-eat-cake
We all remember the former Auditor General’s infamous visit to the presidential bedroom and the rumors about curtains and a €100,000 renovation....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
