https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/news/new-home-sales-tumble-as-buyers-look-below-€300-000
Cyprus’ property market lost considerable ground in the second quarter of the year, with recorded sales of new-build apartments and houses falling by 42.2% and their total value dropping by 46.6%....
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/trump-family-connection-as-josh-kushner-buys-lakers-for-record-$12-5-billion
The Los Angeles Lakers are changing hands, with a familiar political family name attached to the record-breaking deal....
https://knews.kathimerini.com.cy/en/business/beonix-x-wet-glam-the-ultimate-party-union-arrives-at-city-of-dreams-mediterranean
For the first time, BEONIX Festival and Wet Glam join forces to present The Ultimate Party Union: BEONIX x Wet Glam – Summer Poolside Series on 5 September. This exclusive collaboration brings together world-class electronic music, a luxury poolside experience, and the unmistakable energy of BEONIX....
https://knews.kathimerini.com.cy/en/business/cyprus-construction-sector-strong-momentum-meets-rising-uncertainty
The latest Q1 2026 data confirm that Cyprus' construction sector continues to demonstrate remarkable resilience, supported by a strong investment pipeline, expanding construction activity and healthy business confidence. Building permits, production and lending indicators all remain consistent with sustained sectoral growth....
https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages
Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....
https://knews.kathimerini.com.cy/en/news/the-€55-million-deal-that-topped-cyprus-property-market
Land dominated Cyprus' biggest property transactions during the first half of 2026, with Limassol recording the largest sale of the year and investors continuing to target development sites across the island....
https://knews.kathimerini.com.cy/en/news/student-housing-shock-a-one-bedroom-in-limassol-now-costs-more-than-€1-200-a-month
For thousands of students starting university each year, finding a place to live is one of the biggest challenges they face. Their families also feel the pressure, as soaring rents and the rising cost of living mean digging deeper into their pockets than ever before....
https://knews.kathimerini.com.cy/en/business/cypriot-greek-stocks-now-available-on-the-wealthyhood-x-boc-app
Wealthyhood X BoC has officially launched Cypriot and Greek stocks on its platform, placing the Cyprus Stock Exchange and Euronext Athens front and centre for retail investors across Cyprus, Greece and Europe....
https://knews.kathimerini.com.cy/en/news/greece-blocks-new-eu-sanctions-over-russian-gas-to-protect-greek-shipping-giant
Greece has delayed the European Union's latest round of sanctions against Russia, arguing that the proposed measures would severely damage a major Greek shipping company that transports Russian liquefied natural gas (LNG)....
https://knews.kathimerini.com.cy/en/news/dreaming-of-buying-a-home-eurobank-launches-a-guide-to-make-the-mortgage-journey-less-confusing
For many couples in Cyprus, the dream of owning a home often begins with a late-night conversation....
https://knews.kathimerini.com.cy/en/news/cyprus-expects-hundreds-of-megawatts-of-energy-storage-by-2027
Cyprus expects to have several hundred megawatts of electricity storage capacity connected to the grid by the end of 2027, according to Energy, Commerce and Industry Minister Michalis Damianos....
https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
https://knews.kathimerini.com.cy/en/news/eu-approves-emergency-fertilizer-support-for-farmers
Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-authority-unveils-415-million-euro-roadmap-for-larnaca-waterfront
The Cyprus Ports Authority has unveiled a €415 million roadmap to revamp the Larnaca port and marina, setting a course that stretches to 2045....
https://knews.kathimerini.com.cy/en/news/frustration-mounts-as-high-definition-tv-upgrade-cuts-off-local-channels
A major upgrade to the national television broadcasting system has left thousands of households across Cyprus facing blank screens and locked out of major networks....
https://knews.kathimerini.com.cy/en/life/21st-cyprus-rialto-world-music-festival
The 21st Cyprus Rialto World Music Festival returns from 8 to 21 July 2026 as an open invitation to meet through music, reminding us of its power to bring people closer. For more than two decades, it has remained one of Cyprus’ most vibrant intercultural institutions—a space where sound becomes a language of coexistence, exchange and shared experience....
https://knews.kathimerini.com.cy/en/news/ireland-s-eu-presidency-set-to-cost-more-than-three-times-cyprus
Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...
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/fuel-tax-cut-of-8-33-cents-per-litre-extended-until-sept-17
Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....
https://knews.kathimerini.com.cy/en/news/cyprus-installs-first-big-battery-systems-to-cut-solar-power-cuts
The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....
https://knews.kathimerini.com.cy/en/comment/opinion/the-report-is-only-the-beginning
The publication of the Independent Authority Against Corruption's findings has put Cyprus at a critical moment. The report's release was met less with shock than with a sense of quiet reflection, which may say more about its credibility than any public reaction could. ...
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/€1-26-million-bid-for-limassol-s-iconic-thalassaki-snack-bar
If you've ever grabbed a coffee, ice cream, or quick bite at Thalassaki while strolling along Limassol's seafront, the latest figures linked to the popular snack bar may come as a surprise....
https://knews.kathimerini.com.cy/en/news/cyprus-finally-finds-a-way-to-stop-wasting-its-solar-energy
Cyprus is set to take a major step toward solving one of its most frustrating energy problems, the fact that a large share of solar power produced on sunny days simply goes to waste because the grid cannot absorb it....
https://knews.kathimerini.com.cy/en/news/us-and-iran-strike-peace-deal-to-reopen-strait-of-hormuz
The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
