https://knews.kathimerini.com.cy/en/news/energy-expert-claims-renewable-cartel-is-profiting-warns-of-fragile-supply
A summer of high electricity demand is renewing attention on Cyprus' ability to maintain a stable power supply, despite temperatures remaining within seasonal averages during the opening weeks of the season....
https://knews.kathimerini.com.cy/en/business/banks-contributed-€427-million-in-cyprus-in-2025
The opposition is once again reopening the issue of additional taxation on banks in Cyprus, an issue which the previous Parliament had indeed opened but ultimately failed to pass. ...
https://knews.kathimerini.com.cy/en/life/baf-announces-the-2026-open-call-for-emerging-artists
The Beauty Line Art Foundation (BAF) has announced its second open call for applications for the Residency: Studio Mentoring Program 2026, an initiative that supports emerging artists in Cyprus by providing them with studio space, mentorship from experienced professionals in the field, and opportunities for the development and promotion of their work....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
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....
https://knews.kathimerini.com.cy/en/news/seven-suspects-extradited-from-cyprus-in-€700-million-fraud-case
Cypriot authorities have completed legal proceedings related to the extradition of seven individuals wanted in connection with an international fraud case involving an estimated €700 million, according to the Law Office of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/fake-profits-trick-paphos-woman-in-online-investment-scam
Police in Paphos are investigating a new online investment fraud case after a 66-year-old woman reported losing thousands of euros to a scam that started with what looked like a legitimate investment website....
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/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/comment/opinion/the-population-crisis-hiding-in-plain-sight
Europe is aging, and so are Greece and Cyprus. In all three cases, the average age of the population is rising while birth rates remain below replacement levels. As a result, all three will see their populations shrink....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reports-record-revenue-and-doubles-net-profit-in-fy2026
Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026 fiscal year, which ended on 31 March 2026. The results were published on 1 June....
https://knews.kathimerini.com.cy/en/news/new-parliament-same-big-question-who-really-decides-cyprus-economic-future
Fears of a fragmented Parliament that would struggle to get things done did not materialize, with six parties now set to shape Cyprus’ political and legislative agenda over the next five years....
https://knews.kathimerini.com.cy/en/news/demetris-palaiogiannis-and-anita-zachou-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest sustainability conference in Cyprus, returns to Nicosia on June 4, 2026 under the theme ''Transition as a responsibility (not a trend),'' bringing together leading voices from the worlds of sustainability and innovation....
https://knews.kathimerini.com.cy/en/news/every-pedal-stroke-a-wish
The Panos Evripidou Foundation successfully organised the 10th annual “Cycling for Preemies 2026” ride on 17 May, in collaboration with the Mora Thavmata Association and with the support of the Limassol Municipality Cycling Team, honouring the memory of brothers Panos and Christian Evripidou, who were born prematurely....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-map-set-to-shrink-as-two-smaller-banks-change-hands
Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....
https://knews.kathimerini.com.cy/en/news/new-nicosia-cafe-creates-jobs-and-training-opportunities-for-young-people-on-the-autism-spectrum
Cyprus has launched its first registered social enterprise with the opening of True Heart Café in central Nicosia. ...
https://knews.kathimerini.com.cy/en/comment/opinion/prudently-sparingly
The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-brace-for-tough-summer-as-middle-east-tensions-hit-tourism
A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....
https://knews.kathimerini.com.cy/en/news/eu-could-propose-social-media-age-limits-for-children-this-summer-von-der-leyen-says
At the European Summit on Artificial Intelligence and Children in Copenhagen, Ursula von der Leyen spoke about the impact digital platforms and artificial intelligence are having on young people across Europe....
https://knews.kathimerini.com.cy/en/news/woman-loses-€39-000-in-online-‘investment-scam
A 64-year-old woman in Cyprus lost €39,000 after falling victim to what police believe was a sophisticated online investment scam that unfolded over several months, authorities said Tuesday....
https://knews.kathimerini.com.cy/en/news/rising-building-costs-could-soon-make-homes-even-pricier
The first major price increases in construction materials for new residential buildings are already becoming visible, driven largely by soaring fuel costs over the past two months, according to property market executives in Greece.
...
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/business/airlines-slash-millions-of-seats-as-fuel-fears-shake-global-travel
Airlines around the world are cutting flights, shrinking schedules, and scrambling to save fuel as growing concerns over global fuel supplies begin to hit the aviation industry.
...
https://knews.kathimerini.com.cy/en/business/crypto-users-could-now-be-taxed-without-cashing-out
Crypto investors in Cyprus are entering a very different landscape this year, as new tax rules tighten the government’s grip on digital assets and close loopholes many traders had relied on for years....
https://knews.kathimerini.com.cy/en/business/stelios-bi-communal-awards-for-business-co-operation-in-cyprus
For the 16th consecutive year, the Stelios Bi-Communal Awards for Business Co-operation in Cyprus reaffirm their pivotal role in strengthening bi-communal collaboration on the island by creating business opportunities and encouraging shared growth and peaceful coexistence....
https://knews.kathimerini.com.cy/en/news/police-warn-of-new-crypto-scam-targeting-investors-in-cyprus
Authorities are warning the public about a new type of scam making the rounds in Cyprus, targeting people who have invested in cryptocurrencies and promising them easy profits....
https://knews.kathimerini.com.cy/en/news/1-cyprus-economy-grows-3-8-in-2025-as-spending-and-exports-rise
Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-energy-shock-is-cyprus-opportunity
The crisis triggered in Europe by Russia’s invasion of Ukraine stands as the most severe since the 1970s. It was driven largely by Europe’s heavy dependence on Russian natural gas, which disrupted about 45% of demand....
https://knews.kathimerini.com.cy/en/news/cyprus-signals-new-economic-support-measures-while-reinforcing-defence-capabilities
President Nikos Christodoulides has indicated that the government is prepared to introduce additional measures to protect households from the economic effects of the ongoing crisis in the Middle East, while also reaffirming its commitment to strengthening the country’s defence....
