https://knews.kathimerini.com.cy/en/news/tuesday-s-outlook-sun-with-that-familiar-inland-sizzle
The seasonal low pressure is still keeping watch over the island, delivering a completely dry, mostly clear, and highly predictable summer day. The temperature distribution today offers a little something for everyone, depending on how close you are to the water....
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/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/invest-cyprus-honours-international-companies-at-the-14th-invest-cyprus-international-investment-awards
Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-first-energy-exports-from-2028
Cyprus expects to begin exporting energy from its own natural gas reserves within the next few years, with the first shipments of gas planned through Egypt's liquefied natural gas facilities from 2028 onwards, Energy Minister Michalis Damianos has said....
https://knews.kathimerini.com.cy/en/news/friday-s-forecast-high-sun-and-standard-july-heat
While the seasonal low pressure and a slight touch of unstable air are technically still hovering in the background, the atmosphere is mostly behaving itself today....
https://knews.kathimerini.com.cy/en/comment/opinion/whatever-happens-in-ankara
When there is plenty of spectacle in Ankara, it seems perfectly suited to a president who once set up a wrestling ring in a tent on the White House grounds. Should the warm compliments the president of the "land of the free" directed at Turkey's semi-authoritarian leader be taken seriously?...
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/news/european-parliament-backs-cyprus-with-fresh-report-on-turkey-and-reunification
Just three weeks after its report on Turkey sent a strong message on the framework for resolving the Cyprus issue and rejected Ankara's "two-state" narrative, the European Parliament has adopted another report that reinforces Nicosia's positions....
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/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/news/un-chief-urges-cypriot-leaders-to-seize-fading-window-of-opportunity-for-peace
United Nations Secretary-General António Guterres has delivered a direct message to the leaders of the Greek Cypriot and Turkish Cypriot communities, warning that the current momentum toward a political settlement is fragile and cannot be taken for granted....
https://knews.kathimerini.com.cy/en/business/israel-launches-fifth-offshore-bidding-round-to-expand-natural-gas-reserves
Israel has launched its fifth offshore bidding round to explore for additional natural gas within its economic waters, an initiative aimed at expanding domestic reserves and securing a larger footprint in the regional export market....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-consistently-supports-youth-through-the-cyprus-red-cross-society-s-pancyprian-camp
With a substantial contribution to the Cyprus Red Cross’ Youth Section, Lidl Cyprus supported, for yet another year, a week filled with experiences, learning and social empowerment for 50 students from all over Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-dispatches-firefighting-aircraft-to-assist-battle-against-southern-europe-wildfires
The Republic of Cyprus has deployed two aerial firefighting aircraft to France to help suppress massive wildfires currently burning through the southern region of the country....
https://knews.kathimerini.com.cy/en/news/monday-plot-twist-sky-gives-us-rain-lightning-and-a-side-of-hail
Welcome back to the grind, Cyprus. If you were counting on the usual, predictable summer monotony to ease you into the workweek, the atmosphere has other plans. While the morning starts with the usual routine (clearing away any early mist and patchy low clouds), things get chaotic right around lunchtime....
https://knews.kathimerini.com.cy/en/business/new-european-rules-tighten-the-reins-on-cryptocurrency-platforms
Out of more than 1,200 companies that held pre-MiCA national registrations across the EU, only about 210 had secured a full CASP license....
https://knews.kathimerini.com.cy/en/news/video-of-tragic-limassol-shooting-shared-online-as-police-officer-s-gambling-debts-surface
A graphic mobile phone video showing the immediate aftermath of Tuesday’s domestic shooting in Limassol is being widely circulated on messaging apps, causing distress to the victim's family and complicating the ongoing police investigation....
https://knews.kathimerini.com.cy/en/comment/opinion/alan-greenspan-the-maestro
Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...
https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030
Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....
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/news/un-envoy-faces-pushback-from-turkish-cypriot-leadership-during-renewed-peace-drive
United Nations Personal Envoy María Ángela Holguín is making a fresh push to revive the long-dormant Cyprus peace process, calling the current diplomatic landscape an unprecedented opportunity for a permanent settlement. However, her efforts have drawn sharp criticism from the Turkish Cypriot leadership, exposing the deep divisions that persist on the island....
https://knews.kathimerini.com.cy/en/news/drug-manufacturer-recalls-batches-of-remethan-arthritis-pills-over-quality-control-issues
Pharmaceutical manufacturer Remedica Limited has initiated a voluntary recall of specific batches of its prescription drug Remethan 100mg prolonged-release tablets. ...
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/energy-expert-claims-renewable-cartel-is-profiting-warns-of-fragile-supply
A summer of high electricity demand is renewing attention on Cyprus' ability to maintain a stable power supply, despite temperatures remaining within seasonal averages during the opening weeks of the season....
https://knews.kathimerini.com.cy/en/business/invel-real-estate-closes-oversubscribed-eudora-fund-2-at-€400m
Invel Real Estate (“Invel”), a leading European private equity real estate firm, announces today the final close of Invel Eudora Fund 2 (the “Fund”) at over €400 million in total capital commitments, exceeding its original target of €300 million. Including leverage and co-investment capital, the Fund will have a firepower in excess of €1 billion. ...
https://knews.kathimerini.com.cy/en/news/80-of-cyprus-drinking-water-now-comes-from-desalination
For most people in Cyprus, turning on the tap and expecting water to flow is something they rarely think about. But after years of drought concerns and fears of water cuts, the government says the island is moving closer to a future where households won't have to worry about running dry....
https://knews.kathimerini.com.cy/en/news/number-of-asylum-seekers-receiving-rent-and-food-support-drops-to-around-2-000
The number of asylum seekers in Cyprus receiving rent and food allowances has fallen to around 2,000, according to figures from the Deputy Ministry of Migration....
https://knews.kathimerini.com.cy/en/news/guterres-pushes-for-cyprus-breakthrough-before-his-un-term-ends
Intense diplomatic activity behind the scenes shows UN Secretary-General Antonio Guterres pushing hard for the resumption of talks before the end of his term in late 2026, even promoting a specific formula aimed at breaking the long-standing deadlock....
