https://knews.kathimerini.com.cy/en/comment/opinion/rich-young-people-under-41
We were glad to hear that the government will keep several housing schemes running in 2026. That’s good news, at least on paper....
https://knews.kathimerini.com.cy/en/business/investment-momentum-in-oroklini
In recent years, Larnaca has shown remarkable momentum in urban development and real estate activity. The city, once known for its slower pace compared to other regions of Cyprus, is now attracting growing interest from investors and construction companies alike....
https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank
Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....
https://knews.kathimerini.com.cy/en/news/new-clues-emerge-in-limassol-murder-of-nigerian-woman
New evidence has emerged in the investigation into the brutal murder of 30-year-old Victory Osarumen Thompson from Nigeria, who was found dead Sunday morning (not Monday morning as previously reported) in a short-term rental apartment in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/news/authorities-seize-over-10-000-cartons-of-untaxed-cigarettes-in-two-larnaca-incidents
Larnaca law enforcement and customs officials intercepted two rental commercial vehicles carrying massive quantities of untaxed tobacco products in what may be linked smuggling cases. ...
https://knews.kathimerini.com.cy/en/news/zohran-mamdani-s-triumph-and-andrew-cuomo-s-farewell-a-divided-new-york-city-votes-for-change
In a night that reshaped New York City politics, Queens Assemblyman Zohran Mamdani, 34, was elected mayor, defeating former governor Andrew Cuomo in a race that pitted two visions of the city’s future, one rooted in progressive idealism, the other in pragmatic restoration....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million
Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....
https://knews.kathimerini.com.cy/en/business/petrolina-double-awarded-for-excellence-in-collaboration-at-the-cyprus-responsible-business-awards-2024
Petrolina was recognized at the Cyprus Responsible Business Awards 2024, receiving both a Gold and a Bronze Award in the category ''Excellence in Collaboration: Business–NGO Partnership.''...
https://knews.kathimerini.com.cy/en/news/police-want-rental-car-companies-to-provide-driver-info-for-fines
Police are proposing new rules to make it easier to collect traffic fines from rental cars, especially those driven by tourists....
https://knews.kathimerini.com.cy/en/news/big-shake-up-coming-for-cyprus-taxi-industry
Major changes are coming to Cyprus’ taxi industry, with the government preparing a sweeping reform aimed at cleaning up a system long plagued by unfair practices, illegal operators, and inconsistent pricing....
https://knews.kathimerini.com.cy/en/news/cyprus-foundation-supports-thousands-of-students-facing-financial-hardship
More than 1,000 students in Cyprus received financial support this year from the Independent Social Support Agency (ISSA), a foundation dedicated to ensuring that no young person is forced to abandon higher education due to financial difficulties....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/when-paying-for-groceries-becomes-a-crowdfunding-campaign
In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....
https://knews.kathimerini.com.cy/en/business/foreign-buyers-account-for-over-a-quarter-of-cyprus-property-sales
Foreign buyers from outside the European Union accounted for 27% of all property sales in Cyprus in 2024, the Audit Office said Wednesday during a parliamentary review of foreign real estate acquisitions....
https://knews.kathimerini.com.cy/en/news/workers-and-digital-nomads-to-benefit-from-eu-s-new-fair-work-rules
Cyprus’s growing community of digital nomads, migrant workers, and seasonal staff could soon see a major shake-up in how their work and benefits are handled across Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-lawmaker-pushes-to-ban-scooters-threatens-fines-and-jail
Scooters could be kicked off Cyprus roads entirely if a new bill proposed by DIPA MP Marinos Mousiouttas becomes law. The legislation targets what Mousiouttas calls “widespread misuse” of scooters that puts riders and pedestrians at risk....
https://knews.kathimerini.com.cy/en/news/online-scams-target-two-women-total-losses-exceed-€19-000
Two women in Cyprus were scammed in separate online schemes, resulting in losses totaling more than €19,000, authorities said Thursday....
https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence
Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....
https://knews.kathimerini.com.cy/en/news/chaos-before-dawn-cars-stolen-fires-and-rogue-hunters-hit-our-sleepy-island
Before most Cypriots had even started their day, the island was already in chaos. In Larnaca, two teenagers, just 17 and 18, were arrested after stealing a rental car containing €8,000 and a computer. ...
https://knews.kathimerini.com.cy/en/news/man-accused-of-scamming-€76k-from-paphos-apartment-rentals
Police in Paphos have arrested a 33-year-old man accused of siphoning off more than €76,000 in rental income from apartments he was supposed to manage on behalf of their owner....
https://knews.kathimerini.com.cy/en/news/how-can-i-start-a-family-if-i-can-t-afford-a-home
A 28-year-old woman from Larnaca has put into words what many in Cyprus quietly feel: the dream of starting a family is slipping further out of reach, tangled in high rents, low wages, and the lingering wounds of 1974....
https://knews.kathimerini.com.cy/en/news/aphrodite-hills-resort-launches-cyprus-first-trackman™-range
Aphrodite Hills Resort celebrated on Thursday 4th of September, a new era for golf in Cyprus with the official launch of the island’s first TrackMan™ Range....
https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines
Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-urges-action-as-housing-becomes-out-of-reach-for-locals
The mayor of Paphos, Phaedon Phaedonos, warned Tuesday that rising real estate prices are making it increasingly difficult for ordinary Cypriots to rent or buy homes, calling on the government to take immediate action....
https://knews.kathimerini.com.cy/en/news/limassol-rentals-from-pocket-change-to-are-you-kidding-me
Forget golden toilets or a private helicopter pad, though for €45,000 a month, you might expect both. That’s the going rent for Cyprus’ most expensive apartment, listed right now in Limassol, according to Bazaraki....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-feel-the-pinch-as-tourists-dine-in-instead-of-out
Cyprus’ restaurants and entertainment venues are feeling the squeeze this year, as more tourists choose to eat at home, order delivery, or rely on all-inclusive hotel packages instead of dining out....
https://knews.kathimerini.com.cy/en/news/cyprus-students-face-years-long-wait-for-new-university-housing
Students at the University of Cyprus may have to wait at least six years before the university’s new dormitories are fully ready, university officials said, as housing shortages continue to frustrate students and their families....
https://knews.kathimerini.com.cy/en/business/fiba-eurobasket-2025-gives-limassol-economy-a-slam-dunk
The FIBA EuroBasket 2025 has given Limassol’s economy a major shot in the arm, with hotels, restaurants, and shops reporting a surge in business as thousands of fans, teams, and journalists poured into the city....
