https://knews.kathimerini.com.cy/en/business/eurozone-inflation-remains-stubbornly-high-as-ecb-prepares-another-rate-hike
The European Central Bank is expected to increase interest rates again in December, with inflation running at twice its target and uncertainty over energy costs keeping policymakers under pressure. While most economists believe the decision will mark the final increase in the current tightening cycle, more than a third anticipate another hike in early 2027....
https://knews.kathimerini.com.cy/en/business/leptos-group-launches-apollo-gardens-at-neapolis-a-new-legacy-takes-root-in-paphos
The Leptos Group is announcing the launch of Apollo Gardens at Neapolis project, a major new residential development in Paphos that brings together contemporary architecture, landscape-led design and a vision for Mediterranean living
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https://knews.kathimerini.com.cy/en/news/thursday-forecast-the-weather-heats-up-to-24°c-but-the-clouds-refuse-to-take-a-day-off
Temperatures are climbing to 24°C along the coast as Cyprus enjoys increasingly warm conditions, although isolated afternoon showers could still develop in the mountains and Karpasia. Patchy fog may appear overnight, while sunshine and increased cloud cover take turns through the weekend....
https://knews.kathimerini.com.cy/en/news/big-bank-profits-bigger-plans-for-shareholder-payouts
Banks operating in Cyprus and Greece reported nine-month results that lay solid foundations for a strong 2027. Profits topped €1 billion in some cases, helped substantially by net interest income as interest rates moved in the banks’ favor....
https://knews.kathimerini.com.cy/en/news/should-every-worker-have-to-join-a-provident-fund
Provident funds, the second pillar of Cyprus’ pension system, have moved to the center of the pension reform debate. Employers and unions are digging in, while the government is still keeping its cards close to its chest....
https://knews.kathimerini.com.cy/en/news/wednesday-weather-cyprus-warms-up-to-22°c-but-the-clouds-have-other-plans
Cyprus is warming up, with temperatures reaching 22°C inland and along the coast, although isolated showers could interrupt the sunshine in the west. More cloud cover is expected towards the weekend, but temperatures will remain slightly above seasonal averages....
https://knews.kathimerini.com.cy/en/news/tuesday-weather-can-t-decide-between-sunshine-showers-and-a-slow-escape-from-the-cold
The cold spell is gradually retreating across Cyprus, bringing slightly warmer temperatures, but don't get too comfortable just yet. Partly cloudy skies and scattered showers will keep things interesting, particularly in the mountains, north and east, before temperatures return closer to seasonal averages by Thursday....
https://knews.kathimerini.com.cy/en/news/home-prices-rose-in-cyprus-but-did-household-incomes-keep-up
If you spent last year saving for a flat, a steady housing index might sound at odds with what you saw in the listings....
https://knews.kathimerini.com.cy/en/news/what-if-cyprus-kept-more-of-the-rain-that-falls
Growing pressure on Cyprus’ water supplies is drawing attention to how the Netherlands manages its water. Shortages and the effects of climate change have made the search for new approaches more urgent....
https://knews.kathimerini.com.cy/en/news/christodoulides-calls-for-end-to-colonial-legacy-of-british-bases
President Nikos Christodoulides has called for a reassessment of the British Sovereign Base Areas in Cyprus, describing their continued presence as a colonial legacy that should come to an end....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/news/from-the-pump-to-the-power-bill-costs-climb-in-cyprus
You can put off buying a new pair of shoes. Filling up the car to get to work or paying the electricity bill is harder to put off. In October, those everyday costs helped push Cyprus’ annual inflation rate to 4.4%, up from 3.7% in September....
https://knews.kathimerini.com.cy/en/news/cyprus-blood-stocks-rise-with-national-strategy-set-to-improve-supplies
Blood supplies available to hospitals across Cyprus have increased in recent weeks, improving the ability of blood banks to meet medical demand, according to Maria Adamou, head of the island's hospital blood banks....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-by-gangland-rules-when-fear-takes-hold-of-german-politics
Fear, intimidation and political allegiances collide in Berlin as questions emerge over the Left’s ties to antisemitic and extremist circles. A closer look at the pressure behind the political façade and the cost of challenging the rules....
https://knews.kathimerini.com.cy/en/news/drivers-could-keep-fuel-tax-break-until-march
Finance Minister Makis Keravnos will ask Cabinet to extend the tax break on petrol and diesel, possibly until March 2027, giving drivers a chance to hold on to some relief at the pump. ...
https://knews.kathimerini.com.cy/en/comment/opinion/tourists-kept-coming-to-cyprus-so-why-did-hotel-profits-fall
Tourism directly accounts for 13% to 15% of Cyprus’ GDP, and more than 25% once we count the economic activity it supports along the way....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/news/democrats-win-congress-in-blow-to-trump-as-cyprus-watches-iran-war
Democrats won control of both the U.S. House and Senate in Tuesday’s midterm elections, dealing President Donald Trump a sharp setback and setting up a fight over how he handles the war with Iran....
https://knews.kathimerini.com.cy/en/news/october-price-rises-hit-17-products-as-35-become-cheaper-consumers-group-reports
Seventeen products recorded increases of between 5% and 15.31% in their average retail prices during October, while 35 products became cheaper, with reductions ranging from 5% to 12.3%, according to the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/second-suspected-cyberattack-hits-supermarket-fridges-across-europe
The next major cyberattack may reach shoppers through the chilled-food aisle. Supermarkets in Sweden, Belgium and Luxembourg have reported refrigerators and freezers warming overnight, raising fears of a second widespread attack on the systems that keep food safe, according to the Guardian....
https://knews.kathimerini.com.cy/en/news/cypriots-keep-travelling-despite-rising-airfares
Cypriots’ appetite for travel remains undiminished despite rising airfares. Ticket prices have already increased, but—for now, at least—people are not cutting back on trips abroad....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/news/justice-ministry-disputes-claim-that-serious-crime-is-surging-by-27
The Ministry of Justice has challenged interpretations of a reported 27% increase in serious crime, arguing that the figure reflects the discovery of previously undetected offences rather than a rise in criminal activity....
https://knews.kathimerini.com.cy/en/life/want-to-lose-fat-7-healthy-carbs-to-add-to-your-diet
Who says you have to give up carbs to lose body fat? The truth is, you don't need to cut them out of your diet. By choosing the right foods, you can enjoy a steady source of energy, stay full longer, and support your fat-loss goals....
https://knews.kathimerini.com.cy/en/news/even-coffee-is-taking-a-bigger-bite-out-of-cyprus-budgets
A cup of coffee is becoming an increasingly costly habit for consumers in Cyprus, with prices for both traditional Cypriot and instant coffee climbing over the past year....
https://knews.kathimerini.com.cy/en/news/lagarde-to-leave-ecb-early-opening-race-for-europe-s-top-banking-job
Christine Lagarde will step down as European Central Bank president on Feb. 7, 2027, leaving months before her term ends and setting off the search for a successor at the helm of the eurozone’s central bank....
https://knews.kathimerini.com.cy/en/business/marinakis-receives-two-distinctions-at-the-european-property-awards
Larnaca, October 2026, Marinakis Property Developers has received two distinctions at the European Property Awards 2026–2027, with Marigate Larnaca and Sun Valley recognised in their respective residential development categories.
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https://knews.kathimerini.com.cy/en/news/thursday-weather-yellow-warning-returns-as-cyprus-braces-for-heavy-rain-and-thunderstorms
A yellow thunderstorm warning is in force across Cyprus until 17:00, with heavy downpours, likely hail and wind gusts of up to 8 Beaufort expected. Conditions should gradually ease, bringing a calmer outlook for Friday and the weekend....
https://knews.kathimerini.com.cy/en/news/at-least-30-killed-as-high-speed-trains-collide-in-spain
At least 30 people were killed and 80 injured when two high-speed trains collided in central Spain on Wednesday, with authorities warning that the casualty figures could rise....
https://knews.kathimerini.com.cy/en/news/wednesday-weather-yellow-thunderstorm-warning-puts-a-stormy-twist-on-ohi-day
The Cyprus Department of Meteorology has issued a yellow thunderstorm warning, valid from 02:00 until 18:00 today. Since we're publishing at 07:30, that warning is already in force. Isolated heavy thunderstorms are expected to affect the western half of the island initially, spreading to other areas after midday. Rainfall rates could reach 35 to 55 millimetres per hour, hail is likely, and wind gusts in thunderstorms could reach 7 to 8 Beaufort....
