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/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/new-u-s-travel-ban-to-block-visitors-from-nearly-20-countries
In a move that echoes one of the most controversial policies of his presidency, former U.S. President Donald Trump has signed a new travel proclamation that blocks or restricts entry into the United States from nearly 20 countries....
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/news/cyprus-sees-drop-in-child-poverty-rate-ranks-second-lowest-in-eu
About 26,000 children in Cyprus were at risk of poverty or social exclusion in 2024, accounting for 14.8% of the country’s child population, according to figures released Tuesday by Eurostat, the European Union’s statistical agency....
https://knews.kathimerini.com.cy/en/news/single-parent-families-get-fairer-deal-under-new-benefit-rules
Cyprus is scrapping a controversial rule that cost many single-parent families their financial support....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/business/cyprus-jobless-rate-hits-15-year-low-and-it-s-about-time
Cyprus is finally catching a break on the job front. According to fresh numbers from Eurostat, 2024 saw unemployment in Cyprus fall to its lowest level since 2009, and that’s not just good news for economists but for anyone who’s spent time job hunting or worrying about someone who has....
https://knews.kathimerini.com.cy/en/news/desalination-lifeline-arrives-from-uae-as-island-braces-for-summer-drought
Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-approve-tariff-hikes-on-russian-belarusian-agricultural-imports
The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes
As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...
https://knews.kathimerini.com.cy/en/news/fake-travel-agent-busted-in-€160k-euroleague-ticket-scam
A 38-year-old woman is behind bars after allegedly swindling more than €160,000 from at least 50 people in a bogus ticket and travel scheme tied to the EuroLeague Final Four basketball tournament in Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/u-s-to-eu-drop-your-tariffs-or-face-new-trade-war-financial-times-reports
In a stark escalation of trade tensions, the United States is pressing the European Union to drop tariffs on American goods without expecting the same in return or face a new wave of steep US duties, the Financial Times reports....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-national-campaign-to-combat-‘silent-killer-of-hypertension
In observance of World Hypertension Day, health leaders in Cyprus have launched a nationwide campaign urging the public to take blood pressure seriously, literally....
https://knews.kathimerini.com.cy/en/news/meat-and-coffee-prices-climb-as-eggs-and-oil-cool-off
If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....
https://knews.kathimerini.com.cy/en/news/christodoulides-calls-on-cypriots-abroad-to-come-home-‘cyprus-needs-your-talent
President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: come home and help build the future of Cyprus....
https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike
The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....
https://knews.kathimerini.com.cy/en/news/major-win-for-borrowers-as-court-orders-banks-to-stop-using-abusive-loan-terms
Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-approves-bill-for-decentralized-hospital-administration
The House of Representatives approved a bill Thursday aimed at decentralizing the management of Cyprus’ public hospitals, in a move supporters say will address widespread healthcare inefficiencies and region-specific challenges....
https://knews.kathimerini.com.cy/en/business/cyprus-borrowers-are-back-as-loan-demand-soars-in-2025
Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....
https://knews.kathimerini.com.cy/en/business/cyprus-meets-cambodia-a-bridge-to-bold-business-ventures
For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....
https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/christodoulides-tackles-energy-prices-demographic-crisis-and-declares-cyprus-set-to-join-schengen
President Christodoulides outlined Cyprus’s plans to join the Schengen Area by 2026, urged no increase in electricity prices, and highlighted new measures to address the country’s demographic crisis....
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/business/first-pandora-and-new-balance-stores-open-in-cyprus
Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...
https://knews.kathimerini.com.cy/en/news/smart-meter-swap-blamed-for-house-fire
A recent house fire in Cyprus has triggered alarm bells over how smart electricity meters are being installed, with industry experts warning of potential safety risks if the process is rushed or done without proper checks....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/news/cyprus-slashes-prison-overcrowding-responds-to-eurostat-report
Prison overcrowding in Cyprus has dropped significantly, falling from 70% to 27% over the past year, the Justice Ministry said Monday....
https://knews.kathimerini.com.cy/en/business/moody-s-upgrades-bank-of-cyprus-to-a3
Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....
https://knews.kathimerini.com.cy/en/news/inmate-population-in-cyprus-more-than-doubles-prison-capacity-eurostat-says
Cyprus had the most overcrowded prisons in the European Union in 2023, with an inmate population more than double the system’s intended capacity, according to figures released by Eurostat, the EU’s statistics agency....
