https://knews.kathimerini.com.cy/en/news/new-home-sales-tumble-as-buyers-look-below-€300-000
Cyprus’ property market lost considerable ground in the second quarter of the year, with recorded sales of new-build apartments and houses falling by 42.2% and their total value dropping by 46.6%....
https://knews.kathimerini.com.cy/en/business/techisland-brickworks-games-launch-safeisland-cy-in-pilot-phase-in-collaboration-with-kitas-weather
SafeIsland CY, a new free mobile app for iOS and Android, is now live and available to the public as part of an initial pilot phase, helping people in Cyprus report signs of wildfires, receive nearby alerts and access key fire-safety information through one interactive map....
https://knews.kathimerini.com.cy/en/news/new-agriculture-minister-thrown-straight-into-the-deep-end
The new agriculture minister has been thrown straight into the deep end. Christos Senekis took over the ministry from Maria Panayiotou on Thursday at a time when livestock farmers are up in arms over unpaid compensation for animals culled because of foot-and-mouth disease. As things stand, one of Senekis' first meetings is likely to be with livestock farmers....
https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform
The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....
https://knews.kathimerini.com.cy/en/business/cyprus-construction-sector-strong-momentum-meets-rising-uncertainty
The latest Q1 2026 data confirm that Cyprus' construction sector continues to demonstrate remarkable resilience, supported by a strong investment pipeline, expanding construction activity and healthy business confidence. Building permits, production and lending indicators all remain consistent with sustained sectoral growth....
https://knews.kathimerini.com.cy/en/comment/opinion/electricity-the-lost-opportunity
A healthy electricity market requires a sustainable electricity grid as basic infrastructure for the safe, reliable, and efficient operation of the system....
https://knews.kathimerini.com.cy/en/news/ever-wonder-where-your-tax-money-goes
From hospitals and universities to buses, water, political parties, and even Facebook and Google, Cyprus spent hundreds of millions of taxpayer euros in 2025, and a newly released Treasury list reveals where some of the biggest payments went.
...
https://knews.kathimerini.com.cy/en/business/cyprus-airways-strengthens-maintenance-partnership-with-bird-aviation
Cyprus Airways has signed an agreement with Bird Aviation for the provision of heavy maintenance services, further strengthening the successful cooperation between the two companies and reaffirming the airline’s commitment to safety, reliability, and operational excellence....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/news/new-electric-vehicle-subsidy-scheme-expected-in-2027
Although electromobility continues to gain popularity among both consumers and car importers in Cyprus, the Government does not plan to announce a new subsidy scheme before the end of the year....
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/news/a-€10-charge-a-€23-million-debate-and-a-fight-over-responsibility
A new fee on garbage that could eventually affect household waste costs has turned into the latest political battleground in Cyprus, with the government and DISY trading accusations over who is responsible for the way the reform is being introduced....
https://knews.kathimerini.com.cy/en/comment/opinion/a-lifeline-for-small-businesses-or-another-state-monster
European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....
https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus
Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....
https://knews.kathimerini.com.cy/en/news/waste-tax-could-leave-households-paying-more-before-recycling-systems-improve
Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....
https://knews.kathimerini.com.cy/en/life/limassol-s-fire-hit-community-leaders-honored-for-their-courage-and-resilience
In an emotional and deeply moving atmosphere, 13 community leaders from fire-affected areas of mountainous Limassol were honored on Tuesday night, June 30, 2026, for their valuable contribution in responding to last year’s devastating wildfire, both during the dramatic hours and days of the disaster and throughout the recovery period that followed....
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/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
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/business/baltic-nations-decouple-from-russian-grid-to-offer-cyprus-an-energy-blueprint
Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...
https://knews.kathimerini.com.cy/en/news/golden-defence-deals-and-tough-messages-to-putin-and-iran
The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/business/licensing-chaos-in-tourism-55-of-accommodations-without-a-license
The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum
Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-finishes-eu-presidency-with-major-deals-on-health-travel-rights-and-migration
Cyprus officially concludes its six-month presidency of the Council of the European Union on June 30, with the government expressing clear satisfaction over what it describes as a successful term....
https://knews.kathimerini.com.cy/en/news/digital-euro-coming-by-2030-as-cyprus-gets-a-new-way-to-pay
The digital euro is slowly moving from theory to reality, and if all goes to plan, it could become part of everyday life across Cyprus and the rest of the eurozone by 2030....
https://knews.kathimerini.com.cy/en/news/ecb-warns-cyprus-foreclosure-changes-could-backfire-on-economy-and-borrowers
On May 18, 2026, the European Central Bank (ECB) received a request from Cyprus’ Finance Ministry to provide an opinion on legislation passed by Parliament that amends the country’s foreclosure framework. ...
https://knews.kathimerini.com.cy/en/business/cyprus-discusses-project-kuiper-and-cybersecurity-cooperation-with-amazon
A meeting between President of the Republic Nikos Christodoulides and Amazon Vice President Panos Panay took place in a positive and productive atmosphere, opening new possibilities for cooperation between Cyprus and the global technology company....
