https://knews.kathimerini.com.cy/en/news/seven-limassol-communities-get-access-to-small-business-grants-of-up-to-€50-000
If you’ve been thinking about opening a day care center in Pissouri or expanding a creative workshop in Episkopi, a new grant could cover half the cost. A €250,000 scheme is offering up to €50,000 per project to very small and small businesses in seven Limassol district communities....
https://knews.kathimerini.com.cy/en/news/cyprus-public-hospital-unions-call-off-next-week-s-2-day-strike
Patients at Cyprus’ public hospitals have one less thing to worry about next week. Six unions representing staff at the State Health Services Organization, known as OKYpY, suspended a planned 48-hour strike after receiving a written proposal to renew their collective agreement....
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/news/limassol-carnival-2027-parade-sign-ups-open-nov-17
If your group chat has already settled on a Carnival theme, here’s the date to put in the calendar. Limassol Municipality will start taking applications for the 2027 Carnival Grand Parade on Tuesday, Nov. 17, for groups entering a float or joining on foot....
https://knews.kathimerini.com.cy/en/news/suspected-botox-seized-from-passenger-s-luggage-at-larnaca-airport
Customs officers at Larnaca Airport found six vials used in cosmetic treatments in a passenger’s luggage. Days later, Cyprus’ Pharmaceutical Services confirmed the products had no approval to be sold in the country....
https://knews.kathimerini.com.cy/en/news/cyprus-pupils-urged-to-use-school-break-to-back-french-students-protests
A banner in the schoolyard or a symbol made out of schoolbags. That’s how Cyprus’ national student committee is asking pupils to show support for their French counterparts on Thursday, as students and workers in France prepare for a nationwide day of protests....
https://knews.kathimerini.com.cy/en/news/some-social-welfare-officers-juggle-up-to-150-cases-each
A single social welfare officer in Cyprus can be responsible for as many as 150 open cases, far above the international benchmark of 20 to 40, lawmakers heard. In Nicosia, the average caseload is more than 100....
https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research
Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem.
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https://knews.kathimerini.com.cy/en/business/javokhir-sindarov-a-grand-return-to-cap-st-georges-hotel-resort
Grandmaster Javokhir Sindarov has returned to Cap St Georges Hotel & Resort, this time to prepare for the FIDE World Championship Match 2026, where he will challenge reigning World Chess Champion Gukesh D. of India for the world title. The prestigious match is scheduled to take place in Geneva from 22 November to 12 December 2026.
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https://knews.kathimerini.com.cy/en/news/nicosia-offers-up-to-€150-000-for-voluntary-early-retirement
Nicosia Municipality has announced a voluntary early retirement scheme aimed at reducing its fixed costs. The scheme allows for the departure of up to 25 employees, covering both permanent staff and those on indefinite-term contracts....
https://knews.kathimerini.com.cy/en/news/infant-with-legionnaires-disease-remains-in-critical-condition
The health of an infant diagnosed with Legionnaires’ disease remains critical, with doctors continuing to provide intensive treatment at Makarios Hospital in Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-urges-eu-to-intervene-over-planned-turkey–occupied-areas-gas-pipeline
Nicosia is seeking help from Brussels as plans advance for a subsea, bidirectional natural gas pipeline between Turkey and the self-declared ''turkish republic of northern cyprus.''...
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/cyprus-largest-caffe-nero-planned-for-old-gsp-square
A Caffe Nero, a wine bar, a perfume shop, and a full-service restaurant or cafe are planned for the revamped old GSP square, bringing new shopping and dining options to central Nicosia....
https://knews.kathimerini.com.cy/en/business/eurobank-profits-climb-as-cyprus-delivers-nearly-a-third-of-earnings
Eurobank’s profits rose in the first nine months of 2026, with Cyprus providing nearly a third of the group’s adjusted earnings, even though profits from its operations on the island fell slightly....
https://knews.kathimerini.com.cy/en/news/cancer-becomes-cyprus-leading-cause-of-death-for-the-first-time
Cancer overtook cardiovascular disease as the leading cause of death in Cyprus for the first time in 2024, according to Health Minister Neophytos Charalambides....
https://knews.kathimerini.com.cy/en/news/nursing-unions-push-back-against-plans-to-recruit-foreign-nurses
Cyprus’s main nursing unions have called for proposed changes to the rules governing the recruitment of nurses from third countries to be halted, arguing that staffing shortages should be addressed through better employment conditions and recruitment of local professionals....
https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/comment/opinion/who-wants-to-run-a-business-in-cyprus-anymore
Between armed conflicts, geopolitical developments, a prolonged energy crisis and constant shifts in the global economy, running a business in Cyprus is becoming increasingly difficult....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/news/cyprus-marches-in-remembrance-on-oxi-day-images
From schoolchildren marching through Nicosia to students spelling out ''OXI'' in flames in Tillyria, Cyprus marked Ochi Day on Wednesday with parades, church services and tributes to those who fought in World War II....
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/business/revolut-outage-reveals-banks-vulnerability-to-cloud-service-failures
The disruption to Revolut services caused by a Google Cloud failure on October 20 has drawn attention to the reliance of everyday banking on external technology providers and the challenges financial institutions face when essential digital systems become unavailable....
https://knews.kathimerini.com.cy/en/news/troodos-asbestos-mine-among-sites-covered-by-€302-400-in-public-tenders
Two public infrastructure contracts with a combined estimated value of €302,400 excluding VAT are now under evaluation following the closure of bidding on Tuesday, with works planned at the former Amiantos Mine and long-term maintenance of wastewater facilities at Troodos Camp....
https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners
PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027.
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