https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
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/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.
...
https://knews.kathimerini.com.cy/en/life/life-lessons-you-wish-you-d-known-at-20
These are the life lessons most people only learn the hard way by their forties. Knowing them earlier can change how you handle responsibility, relationships, self-worth, and the slow work of building a life that actually feels good....
https://knews.kathimerini.com.cy/en/news/wastewater-disposal-identified-as-key-factor-in-pissouri-landslides
The long-term disposal of domestic wastewater into soakaway pits was the main factor behind rising groundwater levels and the reactivation of landslides in Pissouri, according to scientific research published in 2024....
https://knews.kathimerini.com.cy/en/news/disy-split-deepens-as-georgiades-rules-out-campaigning-for-averof
Harris Georgiades has told DISY leader Annita Demetriou that he will not take part in the party’s 2028 presidential campaign if former party leader Averof Neofytou is chosen as its candidate, laying bare another rift within the opposition party....
https://knews.kathimerini.com.cy/en/news/cyprus-joins-opposition-to-turkey-libya-maritime-deal
Cyprus has joined Greece, the European Union and three Arab countries in rejecting a disputed maritime agreement between Turkey and Libya, warning that its ratification by Libya’s parliament could undermine regional stability....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-deal-for-new-israeli-patrol-vessel
Cyprus is adding a new patrol vessel to its navy under an agreement signed with Israel on Monday, as the island seeks to strengthen its ability to monitor and respond to incidents at sea....
https://knews.kathimerini.com.cy/en/news/six-international-partners-reject-turkey-libya-maritime-agreement
Greece, Cyprus, Egypt, Bahrain, the United Arab Emirates and the European Union have rejected the 2019 maritime agreement between Turkey and Libya, arguing that it has no legal validity and cannot determine maritime boundaries or affect the rights of other countries....
https://knews.kathimerini.com.cy/en/news/israel-votes-and-cyprus-has-a-stake-in-what-comes-next
Israel’s parliamentary election on Oct. 27 comes amid profound domestic changes and significant shifts in the regional security landscape....
https://knews.kathimerini.com.cy/en/news/kallas-challenges-turkish-libyan-maritime-deal-during-talks-with-fidan
European Union foreign policy chief Kaja Kallas has challenged a maritime agreement between Türkiye and Libya, arguing that it infringes on the sovereign rights of third countries, during talks with Turkish Foreign Minister Hakan Fidan in Brussels on Wednesday....
https://knews.kathimerini.com.cy/en/news/clear-skies-and-climbing-temperatures-keep-cyprus-in-a-sunny-mood
Weak high pressure is affecting the area. Weak, remember. Even the atmosphere is operating at minimum effort. It's Tuesday, so we're past Monday's drama, but nobody's exactly running on enthusiasm just yet....
https://knews.kathimerini.com.cy/en/news/a-swiss-bank-without-switzerland-ubs-weighs-a-move-abroad
How big can a bank become before its home country can no longer afford to rescue it? That question is at the heart of a dispute in Switzerland, where banking giant UBS is considering whether its future could lie abroad....
https://knews.kathimerini.com.cy/en/business/visa-free-u-s-travel-and-direct-flights-top-amcham-s-cyprus-wish-list
A policy study by the American Chamber of Commerce in Cyprus (AmCham), which is part of the Cyprus Chamber of Commerce and Industry (CCCI), focuses on specific initiatives to further strengthen and deepen relations between the Republic of Cyprus and the United States....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-france-put-gsi-and-schengen-on-the-table
Cyprus’ push to join the Schengen Area and the future of the Great Sea Interconnector were among the key issues discussed by the leaders of Cyprus, Greece and France on the sidelines of the MED9 summit in Split, Croatia....
https://knews.kathimerini.com.cy/en/news/‘the-sky-s-the-limit-christodoulides-touts-u-s-ties-as-trump-shares-interview
President Nikos Christodoulides says Cyprus has never been closer to the United States—and an interview setting out that message has received a boost from Donald Trump himself....
https://knews.kathimerini.com.cy/en/news/turkey-demands-permission-for-greece-cyprus-cable-athens-says-none-is-needed
Ankara is standing by its demand that any activity in areas it considers part of Turkey’s continental shelf must receive its authorization, particularly work on the electricity connection between Greece and Cyprus, the Great Sea Interconnector (GSI)....
https://knews.kathimerini.com.cy/en/life/the-science-of-faith-and-the-brain
Faith appears to be one of the deepest and most enduring aspects of human nature. From ancient times to today, people have turned to a higher power, whether they call it God, the universe, or another spiritual force, in search of meaning, comfort, and a connection to something greater than themselves. Scientists have long asked why this need is so universal and what actually happens in the brain when we believe. ...
https://knews.kathimerini.com.cy/en/news/morocco-and-israel-move-to-full-diplomatic-ties-despite-gaza-tensions
Israel and Morocco have agreed to open full embassies and exchange ambassadors, pushing their relationship to its highest diplomatic level since the two countries restored ties nearly six years ago....
https://knews.kathimerini.com.cy/en/news/budget-stays-in-surplus-as-war-and-rising-prices-squeeze-the-economy
The 2027 state budget will be presented to the Council of Ministers on Wednesday. It was prepared against a particularly challenging economic backdrop, just one week after the European Central Bank raised interest rates in an effort to contain inflationary pressures....
https://knews.kathimerini.com.cy/en/news/the-cost-of-pension-reform
The picture surrounding pension reform continues to shift as the government and social partners discuss new scenarios and raise fresh concerns—all before the actuarial studies needed to confirm the Social Insurance Fund’s long-term stability have been completed....
https://knews.kathimerini.com.cy/en/news/your-dog-may-not-enjoy-going-everywhere-with-you
The trend of taking dogs along to almost every human activity, cafés, restaurants, trips or public spaces, has grown significantly in recent years....
https://knews.kathimerini.com.cy/en/news/protesters-reject-herzog-visit-and-warn-cyprus-is-being-pulled-into-war
While Israeli President Isaac Herzog was welcomed in Nicosia as a close friend and strategic partner, protesters outside the Presidential Palace delivered a very different message: Cyprus should be a bridge for peace, not another base for war....
https://knews.kathimerini.com.cy/en/news/erhurman-answers-christodoulides-‘writing-history-together-will-not-be-easy
Turkish Cypriot leader Tufan Erhurman has responded to President Nikos Christodoulides’ call for the two men to ''write history together,'' warning that turning those words into reality will be far from easy....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-in-2026-peak-season-recovery-narrows-the-gap
Cyprus tourism entered 2026 after a record 2025, when arrivals reached 4.53 million. Renewed instability in the Middle East then disrupted travel sentiment and reduced arrivals sharply in March and April. By July, however, the picture had improved: arrivals were only 1.1% below July 2025, following a 1.7% decline in June, compared with contractions of 30.7% in March and 27.6% in April.
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https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hit-the-road-in-search-of-big-investors
The holidays are over, autumn is approaching, and the banks are getting back to business, focused on meeting the targets they have set. ...
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....
