https://knews.kathimerini.com.cy/en/news/bad-loans-weigh-heavily-on-the-courts
Cases involving non-performing loans appear to be placing an increasing burden on Cyprus’ already strained court system, even as the net book value of all loans managed by credit-acquiring companies has fallen to €2.8 billion....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-will-stay-but-oil-surge-threatens-to-swallow-the-saving
The government has stopped one petrol-price increase from reaching Cyprus drivers, but the international oil market may be preparing another....
https://knews.kathimerini.com.cy/en/news/the-hidden-business-selling-youth-for-thousands
The hugely popular entertainer (who wished to remain anonymous) could barely keep up with calls from journalists on Thursday. They wanted a comment about Giorgos Mazonakis, whom he knew, but he politely declined to speak about to anyone....
https://knews.kathimerini.com.cy/en/news/ecb-raises-rates-again-as-cyprus-households-face-costlier-loans
If higher supermarket bills, electricity costs and petrol prices were not enough, some Cyprus households could now face another demand on their monthly budget: a more expensive loan....
https://knews.kathimerini.com.cy/en/news/another-interest-rate-rise-is-coming-what-it-means-for-cyprus-mortgages
Cyprus homeowners could soon see another increase in their monthly mortgage payments, with the European Central Bank widely expected to raise interest rates on Thursday....
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/news/cyprus-spends-big-on-education-but-students-keep-falling-behind-europe
Cyprus is one of the European Union’s most generous education spenders. In 2024 it devoted 13.2 per cent of total public expenditure to education, the fifth-highest share in the bloc and well above the EU average of 9.7 per cent. ...
https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/news/mortgage-relief-may-have-to-wait-as-ecb-official-calls-for-higher-rates
Anyone in Cyprus waiting for mortgage payments to come down may have to wait a little longer....
https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout
Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus.
...
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up
The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....
https://knews.kathimerini.com.cy/en/news/that-€5-temu-order-could-cost-you-twice-as-much-in-cyprus
The €3 charge on low-cost online orders was apparently only the beginning....
https://knews.kathimerini.com.cy/en/news/your-wallet-wasn-t-imagining-it-cyprus-prices-are-climbing-faster-than-most-of-europe
If your salary seems to be disappearing more quickly than it did a year ago, the latest figures offer an uncomfortable explanation: Cyprus now has one of the highest inflation rates in the European Union....
https://knews.kathimerini.com.cy/en/news/cyprus-skies-turn-stormy-as-august-rain-sweeps-across-the-island
Heavy rain and thunderstorms have affected several parts of Cyprus on Tuesday, with hail reported in some areas as unsettled weather continues to affect the island in mid-August....
https://knews.kathimerini.com.cy/en/news/ivf-scandal-deepens-in-occupied-north-as-30-children-may-have-wrong-donors
At least 30 children, most of them British, may have been conceived at fertility clinics in the occupied north using sperm or egg donors different from those chosen by their parents, according to a BBC investigation....
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/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/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
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/cypriots-save-but-banks-pay-little-in-return
Cypriots who keep their savings in the bank are receiving very little in return, despite paying considerably higher interest when they need to borrow money....
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/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/cypriots-are-choosing-fixed-rate-home-loans-and-it-s-saving-them-from-interest-rate-shocks
If you're taking out a mortgage in Cyprus today, chances are you're choosing a fixed interest rate rather than gambling on where borrowing costs might go next....
https://knews.kathimerini.com.cy/en/comment/opinion/the-christine-lagarde-enigma
June's decision was never followed through. At the meeting one month later, the European Central Bank chose not to extend its restrictive monetary policy with another interest rate increase. The message in June had been clear. It was an immediate response to rising energy prices after fighting resumed in the Middle East....
https://knews.kathimerini.com.cy/en/business/another-ecb-rate-hike-is-on-the-horizon
Europe may be heading for another interest rate increase, and households could once again feel the impact....
https://knews.kathimerini.com.cy/en/news/spain-wants-to-ban-smoking-on-beaches-and-outdoor-cafes-could-cyprus-follow
Imagine sitting at a beach café, enjoying your coffee or lunch, and not having to move your chair because smoke from the next table is blowing your way....
https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war
Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....
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/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....
