https://knews.kathimerini.com.cy/en/business/eu-faces-€459-billion-budget-gap-while-member-states-clash-over-spending-priorities
The European Commission has placed the 27 member states before what it calls a “fiscal trilemma,” centered on the new European budget under discussion for the seven-year period 2028–2034, which is dividing partners during the energy crisis....
https://knews.kathimerini.com.cy/en/news/doctor-and-wife-convicted-of-charging-patient-for-free-hospital-equipment-lose-appeal
A doctor and his wife have lost their appeal against convictions tied to the sale of medical equipment that should have been provided free to a patient, after the Court of Appeal upheld the original verdict....
https://knews.kathimerini.com.cy/en/news/uk-families-say-ivf-clinics-in-occupied-cyprus-used-wrong-donors
A number of British families have come forward with serious concerns that fertility clinics in occupied Cyprus may have used incorrect sperm or egg donors during IVF treatment, raising questions about oversight and patient safety....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-offshore-gas-production-by-2027-2028
Cyprus is aiming to begin producing natural gas from offshore reserves between late 2027 and early 2028, according to Energy Minister Michalis Damianos. ...
https://knews.kathimerini.com.cy/en/news/no-clear-leader-as-polls-shake-up-cyprus-election-race
Political parties are increasingly moving to the rhythm of opinion polls, both public and private, as Cyprus heads into the final two months before voters go to the ballot box....
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/business/meat-prices-surge-up-to-28-in-cyprus
Sharp price increases, reaching as high as 28%, have been recorded for lamb, goat, and beef in Cyprus, according to new data from the Consumer Protection Service. ...
https://knews.kathimerini.com.cy/en/news/police-examine-leaked-medical-report-linked-to-suspended-paphos-mayor
Police are reviewing a medical report that surfaced online this week and is reportedly linked to the wife of suspended Paphos mayor Phedon Phedonos, as authorities assess whether the material constitutes new evidence in an already examined case....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/news/eu-turns-down-trump-s-request-for-help-in-hormuz-as-cracks-show-over-ukraine
The European Union has effectively rejected a request by Donald Trump for European assistance in safeguarding the Strait of Hormuz, with EU foreign policy chief Kaja Kallas making clear that the conflict with Iran “is not a European war” and that ''no one wants active involvement.''
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https://knews.kathimerini.com.cy/en/business/cyprus-records-one-of-eu-s-strongest-employment-gains-in-late-2025
Cyprus recorded one of the sharpest improvements in employment across the European Union at the end of 2025, according to newly released data from Eurostat....
https://knews.kathimerini.com.cy/en/business/fuel-sales-in-cyprus-jump-11-2-in-january-as-stocks-fall
Petroleum product sales in Cyprus rose sharply in January 2026, even as stock levels fell markedly, according to the latest figures released by the Statistical Service....
https://knews.kathimerini.com.cy/en/comment/opinion/u-s-europe-trapped-in-a-loveless-marriage
After 13 months of Trump 2.0, after Greenland, the suffocating pressure on Kyiv and the flirtations with Putin, the tariffs and sanctions against Europeans defending the EU’s digital sovereignty, the verdict could be even harsher....
https://knews.kathimerini.com.cy/en/news/nicosia-households-could-see-water-cuts-despite-government-reassurances
Nicosia households could see their taps run dry as the city faces potential water cuts, the Nicosia Water Authority (EOA) warned Thursday, responding to a proposed 10% reduction in supply from government water projects....
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-water-shortfall-in-2026-as-government-sets-lower-supply-levels
The Cypriot government has approved a water supply plan for 2026 that is expected to fall short of what consumers will need, setting the stage for potential restrictions during the year....
https://knews.kathimerini.com.cy/en/news/cypriots-wallets-could-tip-the-may-election
Cyprus’ economy is thriving, but many citizens are still feeling the pinch and worrying about the future, a new survey shows....
https://knews.kathimerini.com.cy/en/news/u-n-urges-renewal-of-cyprus-peacekeeping-mission-warns-of-rising-military-violations
António Guterres has recommended renewing the mandate of the UNFICYP for another year, while warning that continued military violations and unilateral actions threaten stability along the island’s buffer zone....
https://knews.kathimerini.com.cy/en/news/un-sees-new-window-on-cyprus-problem-after-years-of-stalemate
After years of deadlock and the longest freeze in peace talks Cyprus has ever seen, the United Nations says something has shifted, cautiously, but noticeably....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/sometimes-the-ones-we-help-change-us-the-most
There are moments you think you’re going somewhere to offer support, only to realize you’re the one who leaves changed....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/news/union-rejects-ministry-s-evaluation-bill-launches-work-stoppage-december-18
Members of the Cyprus Teachers’ Organization (POED) will stage a work stoppage on Thursday, December 18, 2025, in protest of a proposed bill on teacher evaluations...
https://knews.kathimerini.com.cy/en/news/cyprus-cola-comeback-what-changes-who-benefits-and-who-s-still-left-out
Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....
https://knews.kathimerini.com.cy/en/news/christodoulides-vows-to-modernize-cyprus-state-institutions
At the inauguration of the Freedom Museum in Chloraka on Tuesday, President Nikos Christodoulides reaffirmed the government’s commitment to reforming and modernizing the Cypriot state, which has remained largely unchanged since 1960....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income
Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/news/men-s-national-u-17-football-team-clinches-top-spot-and-advances-in-european-championship
Cyprus’ U-17 National Football Team has made history by topping their group and securing qualification for the second phase of the European U-17 Championship. ...
https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million
Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....
https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged
A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....
