https://knews.kathimerini.com.cy/en/business/cyprus-rejects-three-eu-revenue-proposals-as-nicosia-draws-red-lines-over-eu-funding-plans
Nicosia drew its red lines during a particularly divisive discussion among the 27 member states, which focused on both the size and composition of the EU’s “New Own Resources” (NORs), meaning the new revenue sources the European Union is proposing to use to finance the 2028-2034 European budget while partially reducing its reliance on direct contributions from member states....
https://knews.kathimerini.com.cy/en/news/five-cyprus-companies-searched-in-€15-7m-mobile-phone-vat-fraud-probe
Cyprus Police took part in a coordinated European investigation into an alleged €15.7 million fraud and unpaid VAT scheme involving online mobile phone sales in Germany....
https://knews.kathimerini.com.cy/en/news/cyprus-firms-face-tougher-checks-on-business-with-greece
Cyprus has been included on a 42-country list that will bring certain transactions with Greek businesses under closer tax scrutiny. But the decision does not mean Greece has accused Cyprus, or every company based here, of tax evasion....
https://knews.kathimerini.com.cy/en/business/carney-urges-cyprus-and-nine-eu-states-to-ratify-canada-trade-deal
Canadian Prime Minister Mark Carney has called on Cyprus and nine other EU member states to ratify the European Union’s trade agreement with Canada, as Ottawa looks to strengthen its economic and political links with Europe while relations with Washington continue to deteriorate....
https://knews.kathimerini.com.cy/en/news/the-hidden-business-selling-youth-for-thousands
The hugely popular entertainer (who wished to remain anonymous) could barely keep up with calls from journalists on Thursday. They wanted a comment about Giorgos Mazonakis, whom he knew, but he politely declined to speak about to anyone....
https://knews.kathimerini.com.cy/en/news/cyprus-patient-misses-transplant-after-no-flight-could-be-found
A 38-year-old patient lost the chance to receive a transplant because Cyprus could not secure a plane to take him to Athens in time....
https://knews.kathimerini.com.cy/en/news/no-tie-no-motorcade-no-mercy-president-takes-beach-rackets-seriously
Sometimes, even the man running Cyprus needs to put down the briefing papers, step away from the Presidential Palace and enjoy the island’s summer like everyone else....
https://knews.kathimerini.com.cy/en/news/the-growing-footprint-of-the-israeli-presence
In Latchi, Trozena and Polemidia—three very different parts of Cyprus—three separate Israeli-backed developments are under way....
https://knews.kathimerini.com.cy/en/news/european-involvement-could-backfire-by-helping-end-turkish-cypriot-isolation
Turkey is attempting to turn European involvement in the Cyprus issue into a boomerang by directing it exclusively towards ending what it describes as the ''isolation'' of the Turkish Cypriot community....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/britain-considers-nuclear-shield-for-trade-route-back-to-europe
Britain may have found its most dramatic route back towards Europe: use its nuclear weapons as a bargaining chip....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-40-revenue-growth-in-q1-fy2027
Freedom Holding Corp. (Nasdaq: FRHC), the parent company of Freedom24, has announced its financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026. The company reported total net revenue of $732.5 million, up 40% year on year from $524.0 million in the same period last year....
https://knews.kathimerini.com.cy/en/news/oil-prices-tumble-but-when-will-cyprus-drivers-feel-it-at-the-pump
Cyprus drivers watching international oil prices tumble may be asking a familiar question: If oil is getting cheaper, when will petrol follow?...
https://knews.kathimerini.com.cy/en/business/crypto-firms-face-tougher-rules-with-mica-taking-full-effect-in-cyprus
The end of the transition period brings stricter oversight of anti-money laundering compliance, customer protection, and the operations of crypto service providers....
https://knews.kathimerini.com.cy/en/news/cyprus-police-gets-80-new-hybrid-suvs-to-boost-frontline-patrols
If you've noticed shiny new police vehicles on Cyprus' roads in the coming months, there's a good reason....
https://knews.kathimerini.com.cy/en/business/cypriot-greek-stocks-now-available-on-the-wealthyhood-x-boc-app
Wealthyhood X BoC has officially launched Cypriot and Greek stocks on its platform, placing the Cyprus Stock Exchange and Euronext Athens front and centre for retail investors across Cyprus, Greece and Europe....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/life/michalakis-sergides-stores-to-shut-its-doors-after-almost-eight-decades
A long-standing family business that has been part of daily life in the mountain villages of Kambos and Tsakkistra for almost 80 years will close its doors next month, bringing to an end a tradition that has spanned generations....
https://knews.kathimerini.com.cy/en/comment/opinion/faflatogate-the-art-of-talking-around-the-truth
Many eyebrows were raised recently when it became known that Mr. Paschalidis had been appointed by the president for a third consecutive term at Cyprus' Independent Authority Against Corruption, with his term ending when he will be approaching 80 years old. May he live long, of course....
https://knews.kathimerini.com.cy/en/business/€100-million-a-month-scam-three-cyprus-residents-among-suspects
A phone call from a ''financial adviser'' promising easy profits. A professional-looking investment platform showing money growing. Regular messages building trust over weeks or even months....
https://knews.kathimerini.com.cy/en/news/a-€10-charge-a-€23-million-debate-and-a-fight-over-responsibility
A new fee on garbage that could eventually affect household waste costs has turned into the latest political battleground in Cyprus, with the government and DISY trading accusations over who is responsible for the way the reform is being introduced....
https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network
A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....
https://knews.kathimerini.com.cy/en/business/limassol-s-job-market-stays-strong-as-finance-and-tech-companies-continue-hiring
While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....
https://knews.kathimerini.com.cy/en/comment/opinion/when-you-re-paying-three-times-more
Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....
https://knews.kathimerini.com.cy/en/business/wealthyhood-and-bank-of-cyprus-launch-co-branded-investing-app-wealthyhood-x-boc-to-revolutionise-wealth-building-in-cyprus
The first-of-its-kind partnership rolls out top-class wealthtech to all Cypriot residents, offering Bank of Cyprus customers instant account linking and frictionless investing....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-criminal-inquiry-into-former-president-and-tycoon-over-corruption-report
Five independent criminal investigators have been appointed by the Council of Ministers to probe corruption allegations originating from the book "Mafia State" by journalist Makarios Drousiotis....
https://knews.kathimerini.com.cy/en/news/blowin-in-the-wind-highs-drop-to-38°c-as-the-island-gets-blown-around
The standard seasonal low-pressure system is still running the show, but today it’s trading a tiny bit of yesterday's brute-force heat for a serious amount of wind. The sky is staying predictably clear, but the real story is the wind....
https://knews.kathimerini.com.cy/en/news/state-of-law-or-state-of-the-internet-anastasiades-rejects-corruption-findings-and-calls-for-criminal-probe
Former President Nicos Anastasiades strongly criticized the Independent Authority Against Corruption during a press conference where he responded to the findings of the Mafia State report....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/news/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
