https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up
The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....
https://knews.kathimerini.com.cy/en/news/power-cuts-linked-to-telecom-fault-and-outage-in-occupied-areas
Power cuts across Cyprus on Friday were caused by a telecommunications failure that disrupted the transmission of production data from major photovoltaic parks to the Electricity Authority of Cyprus (EAC), according to EAC spokesperson Christina Papadopoulou....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-more-than-three-times-faster-than-eurozone
Cyprus recorded 3.3% real GDP growth in the second quarter of 2026, putting the economy on a significantly stronger growth path than the eurozone, where expansion was 1%, Finance Minister Makis Keravnos said Friday....
https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/news/newly-signed-mecca-pact-alters-security-balance-in-eastern-mediterranean
A mutual defense pact signed in Mecca by Saudi Arabia, Turkey, and Pakistan alters the strategic balance across the Middle East and the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/at-least-88-dead-after-mass-migrant-crossing-into-spain-s-ceuta
The death toll linked to the recent mass arrival of migrants in Spain's North African enclave of Ceuta has reached at least 88, according to Spanish authorities, although Morocco has disputed that figure and reported a much lower number....
https://knews.kathimerini.com.cy/en/news/cyprus-is-betting-big-on-egypt-then-a-drone-struck-one-of-its-key-energy-ports
Cyprus is investing billions in becoming a gas exporter, but that future depends on regional stability, and that stability is looking increasingly fragile....
https://knews.kathimerini.com.cy/en/news/iran-warns-cyprus-over-allowing-the-use-of-its-foreign-military-bases
As tensions in the Middle East continue to cast a shadow over the region, Iran has warned Cyprus not to allow foreign military bases on the island to be used for any attacks against the Islamic Republic....
https://knews.kathimerini.com.cy/en/news/guterres-bets-on-one-more-push-for-cyprus-announces-new-5-1-talks
After months of quiet diplomacy, UN Secretary-General António Guterres came to Cyprus with one announcement he clearly wanted to make: a new chapter in the Cyprus talks....
https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis
Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....
https://knews.kathimerini.com.cy/en/news/one-month-s-salary-just-to-keep-the-lights-on
Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...
https://knews.kathimerini.com.cy/en/news/andy-burnham-takes-over-as-pm-after-starmer-s-dramatic-exit
Britain has a new prime minister, with former Manchester mayor Andy Burnham taking the keys to Downing Street after replacing Keir Starmer as leader of the ruling Labour Party....
https://knews.kathimerini.com.cy/en/business/porsche-advanced-package-the-perfect-enhancement-for-the-macan-electric
Porsche Cyprus is pleased to announce the availability of the new Macan Advanced Package, offering customers an enhanced combination of luxury, comfort and technology. Carefully curated to elevate the driving experience, the package brings together some of the Macan's most sought-after features in one comprehensive offering....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances
Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....
https://knews.kathimerini.com.cy/en/news/senior-us-homeland-security-officials-visit-cyprus
The growing partnership between Cyprus and the United States was on full display this week as two senior US Homeland Security officials arrived on the island for high-level talks on security, migration and closer cooperation....
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/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/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/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."...
