https://knews.kathimerini.com.cy/en/news/eu-leaders-get-down-to-business-on-day-two
After a more relaxed evening of talks over dinner in Ayia Napa, EU leaders rolled up their sleeves in Nicosia on Friday, shifting from pleasantries to the hard politics of money, energy and war....
https://knews.kathimerini.com.cy/en/news/no-more-borrowing-from-pension-fund-government-says
A long-standing distortion in Cyprus’ social insurance fund is finally being addressed as the government moves to ''freeze'' its growing debt to the fund and shift its investment strategy to an independent authority....
https://knews.kathimerini.com.cy/en/news/cyprus-becomes-go-to-retirement-spot-for-brits-and-americans
Cyprus is emerging as one of the world’s most attractive places to retire, as rising living costs in major economies push more people to look abroad for a more affordable life....
https://knews.kathimerini.com.cy/en/comment/opinion/israeli-intelligence-firm-linked-to-cyprus-video-controversy
Given that the government itself, in the confusion and panic that followed the release of the now well-known video last January, quietly allowed the narrative of a Russian hybrid attack against the Republic of Cyprus to take hold, the revelation that the material was actually produced by a private intelligence company from neighboring Israel is, in itself, significant....
https://knews.kathimerini.com.cy/en/news/1-cyprus-economy-grows-3-8-in-2025-as-spending-and-exports-rise
Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....
https://knews.kathimerini.com.cy/en/comment/opinion/this-time-let-s-measure-corruption
Corruption in a state carries real costs. It slows growth, erodes trust, and ultimately weakens the quality of democracy citizens experience....
https://knews.kathimerini.com.cy/en/business/cyprus-keeps-fuel-prices-among-eu-s-lowest-despite-ongoing-cost-pressures
Cyprus continues to rank among the European Union countries with relatively lower fuel costs, according to Finance Minister Makis Keravnos....
https://knews.kathimerini.com.cy/en/business/eu-increases-russian-lng-imports-despite-looming-energy-ban
The European Union has significantly increased its reliance on liquefied natural gas (LNG) from Russia in early 2026, despite its stated goal of phasing out all Russian gas imports within the next two years....
https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by
A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....
https://knews.kathimerini.com.cy/en/business/eu-faces-€459-billion-budget-gap-while-member-states-clash-over-spending-priorities
The European Commission has placed the 27 member states before what it calls a “fiscal trilemma,” centered on the new European budget under discussion for the seven-year period 2028–2034, which is dividing partners during the energy crisis....
https://knews.kathimerini.com.cy/en/news/audit-finds-major-flaws-in-cyprus-welfare-benefit-system
A recent report by the Audit Office has revealed significant weaknesses in how social benefits were administered by the Deputy Ministry of Social Welfare during 2022 and 2023. ...
https://knews.kathimerini.com.cy/en/news/government-approves-€250-easter-support-for-low-income-pensioners
The government has decided to provide a one-off Easter payment to pensioners with limited income as part of its broader effort to support vulnerable groups....
https://knews.kathimerini.com.cy/en/news/finance-ministry-intervenes-over-hio-s-€150m-double-payments
The explanations provided by the Health Insurance Organization (HIO) regarding reports of double payments to healthcare providers have not resolved concerns about the management of public funds. ...
https://knews.kathimerini.com.cy/en/news/when-london-considered-leaving-cyprus
In the mid-1970s, Britain considered a complete withdrawal from Cyprus. A series of declassified British archival documents show that the government under Harold Wilson examined the possibility of fully removing its bases from the island....
https://knews.kathimerini.com.cy/en/news/€150m-controversy-hio-denies-wrongdoing-says-funds-were-never-at-risk
Cyprus’ Health Insurance Organization (HIO) is rejecting allegations of mismanagement and double payments within the national health system, insisting that the finances of the GeSY health fund remain fully protected despite reports suggesting otherwise....
https://knews.kathimerini.com.cy/en/news/pwc-foundation-promotes-financial-literacy-among-young-people-during-global-money-week-2026
PwC Cyprus and the PwC Foundation actively supported Global Money Week 2026, which took place from 16 to 22 March 2026, by implementing the educational programme “Financial Literacy” for the fourth consecutive year. ...
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/news/tech-entrepreneur-uses-ai-to-create-personalised-cancer-vaccine-for-his-dog
A technology entrepreneur in Australia has helped develop a personalised cancer vaccine for his dog using artificial intelligence, an experiment that researchers say could point toward new approaches for treating cancer in people....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories
Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...
https://knews.kathimerini.com.cy/en/news/cyprus-a-geopolitical-hub-in-a-shifting-power-landscape
After the October 7 massacre, the brutal Hamas attack and Israel’s long, largely disproportionate counteroffensive in Gaza, Cyprus had an unexpected opportunity: to send a message to the international community that went beyond the usual lens of the “Cyprus problem” and to emerge as a rare “Western anchor” in a volatile region. ...
https://knews.kathimerini.com.cy/en/news/reports-claim-possible-drone-strike-at-raf-akrotiri-late-sunday
Unconfirmed reports emerging on social media late Sunday suggested that Iranian weaponry may have struck the British air facility at RAF Akrotiri, Cyprus, though authorities have not verified the claims....
https://knews.kathimerini.com.cy/en/news/€10-million-nicu-project-at-makarios-hospital-back-on-track-for-2027-completion
Makarios Hospital is set to gain a new Neonatal Intensive Care Unit (NICU) after the contract for the project was officially awarded....
https://knews.kathimerini.com.cy/en/business/cyprus-stands-out-as-eu-services-imports-reach-€3-5-trillion
In 2024, European Union countries imported a massive €3.47 trillion worth of services from non-EU partners, according to new Eurostat data....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
https://knews.kathimerini.com.cy/en/news/73-of-cypriots-trust-the-eu-to-strengthen-security-and-defense
Cypriots show particularly strong confidence in the European Union’s ability to bolster security and defense, according to a recent Eurobarometer survey. ...
https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending
Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....
https://knews.kathimerini.com.cy/en/business/cyprus-hotel-licensing-rises-to-45-from-5-6-in-2023
Cyprus has made major progress in bringing its hotel sector into compliance with licensing requirements, with the share of properly licensed hotels rising sharply from just 5-6% in 2023 to about 45% today, Deputy Minister of Tourism Kostas Koumis told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member
ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....
https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
