https://knews.kathimerini.com.cy/en/news/government-seeks-stronger-powers-to-seize-crime-profits-even-without-a-conviction
A bill bringing Cyprus into line with EU Directive 2024/1260 on asset recovery and confiscation represents an important tool in the fight against money laundering....
https://knews.kathimerini.com.cy/en/news/‘we-know-who-they-are-poachers-rake-in-€10-million-a-year
Poachers in Cyprus are estimated to make more than €10 million in profits each year. Both the enormous sums involved and the cases presented before the House Environment Committee suggest that existing penalties are failing to act as an effective deterrent....
https://knews.kathimerini.com.cy/en/news/eurobank-sets-its-sights-on-abu-dhabi-after-mumbai-expansion
It is becoming increasingly clear that banks are looking to establish representative offices in markets beyond the countries where they already operate, aiming to expand their business and, ultimately, increase profits....
https://knews.kathimerini.com.cy/en/news/cyprus-firms-face-tougher-checks-on-business-with-greece
Cyprus has been included on a 42-country list that will bring certain transactions with Greek businesses under closer tax scrutiny. But the decision does not mean Greece has accused Cyprus, or every company based here, of tax evasion....
https://knews.kathimerini.com.cy/en/news/brussels-looks-to-polluters-and-old-gadgets-to-help-fund-europe-s-budget
The European Union is looking at pollution and discarded electronics to help fund its next seven-year budget, and Cyprus’ poor record on collecting old devices could make the plan particularly relevant to the island....
https://knews.kathimerini.com.cy/en/news/agree-on-new-eu-taxes-or-pay-more-and-get-less-costa-warns
EU governments face a blunt choice: agree on new sources of income for the bloc, pay more from their national budgets, or accept cuts to programs they want to protect....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hit-the-road-in-search-of-big-investors
The holidays are over, autumn is approaching, and the banks are getting back to business, focused on meeting the targets they have set. ...
https://knews.kathimerini.com.cy/en/news/nicosia-man-loses-€65-415-in-crypto-profits-scam
A 53-year-old man in Nicosia lost more than €65,000 after scammers persuaded him to install an application that gave them access to his computer, mobile phone and online banking....
https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners
Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....
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/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/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/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/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/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/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/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/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/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/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.
...
