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....
https://knews.kathimerini.com.cy/en/business/cyprus-based-brokerage-boosts-its-financial-safety-under-regulator-pressure
A Limassol-based brokerage firm has updated its financial disclosures to Cyprus regulators in a move aimed at strengthening its resilience against market volatility and meeting stricter EU financial rules....
https://knews.kathimerini.com.cy/en/business/evgenii-tiapkin-‘there-is-no-equivalent-to-the-freedom-ecosystem-in-the-eu
Last Wednesday, 3 June, the President of Cyprus, Nikos Christodoulides, arrived in Kazakhstan at the invitation of President Kassym-Jomart Tokayev, accompanied by a delegation of officials and representatives of the national business community. The heads of state held bilateral talks. The talks then continued in an expanded format with the participation of delegations from both countries, and a bilateral business forum was held on the same day. ...
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
https://knews.kathimerini.com.cy/en/business/cysec-fines-limassol-forex-firms-over-missing-risk-warnings-in-cfd-trading-ads
Cyprus’ financial regulator has imposed fines and issued formal warnings to two Limassol-based forex companies after finding that they failed to properly display risk warnings in their marketing for high-risk trading products....
https://knews.kathimerini.com.cy/en/news/friday-floats-in-on-breezes-bright-skies-and-wandering-clouds
Friday has arrived with one foot in spring and the other already tiptoeing toward summer....
https://knews.kathimerini.com.cy/en/news/us-gas-now-supplies-most-of-europe-s-lng-imports
Europe imported more liquefied natural gas than ever before in 2025, according to a new report from the European Union Agency for the Cooperation of Energy Regulators (ACER). The findings show how LNG has become a central part of the continent’s energy supply after European countries reduced purchases of Russian gas....
https://knews.kathimerini.com.cy/en/news/new-nicosia-cafe-creates-jobs-and-training-opportunities-for-young-people-on-the-autism-spectrum
Cyprus has launched its first registered social enterprise with the opening of True Heart Café in central Nicosia. ...
https://knews.kathimerini.com.cy/en/news/italy-s-meloni-visits-cyprus-on-sunday-to-push-for-closer-strategic-ties
Italian Prime Minister Giorgia Meloni is expected to visit Cyprus on Sunday, in a trip aimed at strengthening bilateral relations between the two countries and turning political goodwill into concrete cooperation plans....
https://knews.kathimerini.com.cy/en/business/cysec-suspends-voting-rights-of-lydya-financial-owner
Cyprus’ financial regulator has suspended the voting rights of the sole shareholder of Lydya Financial Ltd. and banned him from carrying out management duties, saying his influence over the company poses a risk to its proper operation....
https://knews.kathimerini.com.cy/en/news/monday-forecast-cyprus-swaps-sleet-for-sizzle
We are trading the 'May winter' for some proper pre-summer sizzle, thanks to a high-pressure system that really means business. Temperatures are hitting 32°C inland today, so if you’re heading back to the office, the air conditioning is about to become your best friend....
https://knews.kathimerini.com.cy/en/business/crypto-users-could-now-be-taxed-without-cashing-out
Crypto investors in Cyprus are entering a very different landscape this year, as new tax rules tighten the government’s grip on digital assets and close loopholes many traders had relied on for years....
https://knews.kathimerini.com.cy/en/business/capital-com-eyes-expansion-and-cyprus-fintech-push-with-new-electronic-money-plans
Capital.com is exploring further international expansion, including new hiring in Bahrain, Azerbaijan and Germany, following an 11.2% rise in trading volumes in the first quarter of 2026.
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https://knews.kathimerini.com.cy/en/news/€454m-cap-plan-and-new-funding-calls-target-young-farmers-and-rural-development
Cyprus is rolling out a mix of funding programs, infrastructure projects, and market reforms aimed at strengthening rural communities and supporting farmers, according to the country’s Minister of Agriculture, Rural Development and Environment....
https://knews.kathimerini.com.cy/en/business/eu-issues-final-warning-to-cyprus-over-delayed-aviation-climate-rules
The European Commission has issued a formal "reasoned opinion" to Cyprus, marking a final legal warning over the government's failure to transpose critical EU aviation climate laws....
https://knews.kathimerini.com.cy/en/business/cysec-suspends-trading-in-four-listed-companies-over-missing-financial-reports
This month, the Cyprus Securities and Exchange Commission (CySEC) suspended trading for four prominent listed companies. The decision follows repeated failures by these firms to publish their mandatory financial reports, a core transparency requirement for the Cyprus Stock Exchange....
https://knews.kathimerini.com.cy/en/business/eu-toolbox-to-curb-energy-prices-support-for-all-27-member-states
Brussels is preparing action on four fronts, working closely with Berlin and Paris, with the goal of keeping energy prices under control across the EU’s 27 member states as concerns grow about a renewed crisis in the Middle East....
