https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/illegal-camping-in-forests-could-cost-you-big-time
Authorities are urging the public to think twice before pitching a tent in the forest this summer, especially in places like the Akamas National Forest Park, warning that unauthorized camping isn't just bad for the environment; it could land you in serious legal trouble....
https://knews.kathimerini.com.cy/en/news/no-place-like-home-as-israelis-flee-uncertainty-sail-back-from-cyprus
More than 1,600 Israeli nationals boarded the Crown Iris cruise ship from the port of Limassol on Thursday in a large-scale repatriation effort aimed at getting citizens back home amid rising regional tensions....
https://knews.kathimerini.com.cy/en/news/u-s-may-ask-uk-to-open-cyprus-base-for-iran-operations
The United States may ask the United Kingdom to allow American refueling aircraft to operate from Britain’s military base in Cyprus, as former President Donald Trump considers launching strikes on Iran in response to the escalating war with Israel....
https://knews.kathimerini.com.cy/en/business/cabinet-looks-to-end-decades-long-debate-on-multiple-pensions
The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....
https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal
Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....
https://knews.kathimerini.com.cy/en/news/foreign-ministry-repatriates-22-cypriots-from-israel-and-iran
A total of 22 Cypriot citizens have been safely evacuated from Israel and Iran as the Foreign Ministry ramps up repatriation efforts amid rising regional tensions, Foreign Minister Constantinos Kombos said Wednesday....
https://knews.kathimerini.com.cy/en/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
https://knews.kathimerini.com.cy/en/out-about/abr-festival-beats-art-and-chaos-in-the-capital
Nicosia is about to get a whole lot hotter, and we don’t just mean the weather. One of Cyprus’ most beloved summer festivals, AfroBanana, is turning a fresh page this June. ...
https://knews.kathimerini.com.cy/en/news/smart-meters-continue-to-roll-out-across-cyprus
The Cyprus Electricity Authority (EAC) is picking up the pace with its smart meter rollout, announcing that from Tuesday, installations will expand to more neighborhoods in all districts of the island....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/news/temperatures-stay-high-as-sunshine-dominates-the-forecast
It’s a scorcher, and it’s not letting up just yet. A seasonal low-pressure system is hanging around, but that doesn’t mean much drama—just a lot of sun and some toasty temps....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-in-danger-from-iran-israel-missile-strikes
When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/hope-you-like-burning-because-it-s-heating-up-fast
It’s getting hot, folks. Today’s high could hit a sizzling 36°C inland. If you're by the coast, expect it a bit cooler at around 31°C, and up in the mountains it’ll stay relatively comfortable at 28°C. Basically: shade is your friend....
https://knews.kathimerini.com.cy/en/news/is-phedon-phedonos-gearing-up-for-2028
When Phedon Phedonos launched a fresh offensive from Paphos last month, accusing certain Cyprus-based forex companies of laundering dirty money and warning that the Cypriot economy was veering dangerously close to a “casino model,” it sent ripples through Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-raises-national-guard-readiness-to-level-tharros-2-amid-tensions
Cyprus has ramped up its national security measures in recent days, as hostilities between Israel and Iran continue to escalate. With both sides exchanging missile strikes, concern is growing across the Eastern Mediterranean region, prompting heightened alert levels on the island....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/business/cnp-cyprus-rebrands-as-erb-after-€182m-acquisition-by-hellenic-bank
By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/aphrodite-s-theater-and-dance-performance-yasemin-collective
The group Yasemin Collective will open the doors of Faneromeni25 Arts Festival on Thursday 26 June with the theatre and dance performance "Aphrodite(s)"....
https://knews.kathimerini.com.cy/en/business/minthis-music-festival-2025-culture-in-full-bloom-in-cyprus
Where nature meets human creativity and Cyprus' highlands stretch out beneath open skies, the Minthis Music Festival is ready to return....
https://knews.kathimerini.com.cy/en/news/modi-begins-two-day-visit-to-cyprus-set-to-sign-joint-declaration-on-strategic-cooperation
Indian Prime Minister Narendra Modi arrived in Cyprus on Sunday for a two-day official visit, marking what Cypriot President Nikos Christodoulides called a historic step in the growing relationship between the two countries....
https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-as-regional-tensions-escalate
Following Israeli missile strikes on Iran, Cyprus has raised its security posture and is preparing to serve as a humanitarian bridge between East and West....
https://knews.kathimerini.com.cy/en/news/man-fined-173-876-turkish-lira-for-forcing-rooster-to-smoke-and-drink-alcohol
A man was fined 173,876 Turkish lira (approximately 3,819 euros) after a video emerged showing him forcing a rooster to smoke a cigarette and drink raki, violating animal welfare laws....
https://knews.kathimerini.com.cy/en/news/uk-denies-involvement-of-cyprus-bases-in-israeli-strikes-on-iran
The United Kingdom has firmly denied allegations that its sovereign bases in Cyprus were used to support recent Israeli airstrikes on Iran, calling the claims “nonsense” and “deeply irresponsible.”...
https://knews.kathimerini.com.cy/en/news/middle-east-crisis-escalates-out-of-control
Israel launched the largest military operation in its history against Iran on Friday, carrying out a surprise, large-scale assault targeting Iran’s nuclear, military and scientific infrastructure....
https://knews.kathimerini.com.cy/en/news/flights-canceled-us-and-european-flights-rerouted-to-cyprus
Flights between Israel and Cyprus were canceled on Friday, and planes from Europe and the U.S. were rerouted to Larnaca and Paphos airports after Israel launched a major overnight strike on Iran, raising fears of a wider conflict in the region....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/news/skyup-airlines™-celebration-event-for-the-launch-of-flights-between-cyprus-–-moldova-romania-and-poland
A highly successful celebration event was held on June 12 at Larnaca International Airport by SkyUp Airlines™, marking the official launch of direct flights connecting Cyprus with Moldova, Romania and Poland. The event was a great success, gathering guests and media representatives....
https://knews.kathimerini.com.cy/en/news/what-s-behind-narendra-modi-s-visit-to-cyprus
Government officials consider the upcoming official visit of Indian Prime Minister Narendra Modi to Cyprus this Sunday to be of particular importance for both geopolitical reasons and bilateral relations between the two countries....