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/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/cigarette-smugglers-turn-travelers-into-couriers
What began as a routine check at the Deryneia crossing has deepened suspicions that an organized network is moving untaxed cigarettes from the occupied areas, through the Republic, and onward to Israel....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-ferry-could-disappear-after-2027-without-state-lifeline
For thousands of Cypriots, getting to Greece no longer automatically means squeezing everything into a suitcase and heading to Larnaca Airport....
https://knews.kathimerini.com.cy/en/business/expanding-into-cyprus-a-practical-guide-for-international-businesses
Expanding or relocating business operations is one of the most important strategic decisions an organisation can make....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-profits-climb-to-€252-million-as-loans-and-deposits-grow
Bank of Cyprus made €252 million in after-tax profit during the first six months of 2026, marking a 7% increase from the same period last year....
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/comment/opinion/infantino-s-promise
The curtain has fallen on a glittering tournament that crowned Spain as the new summit of world football. Spain may have lifted the coveted trophy, but the true winner is FIFA, and more specifically, its president, Gianni Infantino....
https://knews.kathimerini.com.cy/en/news/eu-hits-google-with-€890m-fine-why-cyprus-should-pay-attention
Brussels says tech giant unfairly promoted its own products and restricted cheaper alternatives, a move that could also affect Cyprus’ digital businesses and consumers....
https://knews.kathimerini.com.cy/en/news/supreme-court-deals-major-blow-to-prosecutors-in-tziapoura-case
One of Cyprus' most closely watched criminal investigations has hit a major legal setback after the Supreme Court rejected an appeal by the attorney general, ruling that police did not have enough evidence to justify searching two bank safety deposit boxes belonging to jeweler Natalie Tziapoura....
https://knews.kathimerini.com.cy/en/business/€100-million-a-month-scam-three-cyprus-residents-among-suspects
A phone call from a ''financial adviser'' promising easy profits. A professional-looking investment platform showing money growing. Regular messages building trust over weeks or even months....
https://knews.kathimerini.com.cy/en/news/gunfire-hits-germasogeia-office-building-in-latest-suspected-criminal-attack
A multi-story office building in Germasogeia, Limassol, became the latest target of what police believe was a criminal attack after damage caused by gunfire was discovered on the premises....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-executives-recognized-among-emea-s-top-performers
The Bank of Cyprus has received several distinctions in Extel’s annual survey of management teams of listed companies in the EMEA region, with the group's executive director of financial management, Eliza Livadiotou, securing first place in the Best CFO category based on votes from sell-side analysts....
https://knews.kathimerini.com.cy/en/news/a-new-safety-net-for-cyprus-banks-or-a-brake-on-the-economy
The news that the Central Bank of Cyprus is considering activating the Systemic Risk Buffer came as a ''bombshell'' for local banks and, as expected, has divided opinion....
https://knews.kathimerini.com.cy/en/business/financial-clarity-a-key-driver-of-sme-stability-in-cyprus
Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....
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....
