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10/06/2026

Police say scammers used a convincing platform to build trust before extracting over €6,000 in staged payments. https://knews.kathimerini.com.cy/en/business/fake-profits-trick-paphos-woman-in-online-investment-scam

Police in Paphos are investigating a new online investment fraud case after a 66-year-old woman reported losing thousands of euros to a scam that started with what looked like a legitimate investment website.

10/06/2026

Hadassah Medical Center officially opens in Limassol on July 1, 2026.

On July 1, 2026, Hadassah Medical Center officially opens its doors in Limassol, bringing to Cyprus for the first time the expertise, scientific knowledge and philosophy of one of the world's most recognized academic and medical organizations.

10/06/2026

Phedonas Phedonos will remain suspended as judges rule that the legality of the decision will be examined in the main case. https://knews.kathimerini.com.cy/en/news/court-rejects-paphos-mayor-s-appeal-to-return-to-office

Paphos Mayor Phedonas Phedonos will remain suspended from his duties after the Administrative Court of Appeal rejected his request to temporarily lift his suspension while his broader legal challenge continues.

10/06/2026

Bank leaders showcase falling bad loans, solid profits and reforms aimed at restoring trust. https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever

With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels.

10/06/2026

Cambridge researchers say it could one day protect against all COVID variants and future viruses too. https://knews.kathimerini.com.cy/en/news/ai-designed-universal-vaccine-tested-in-humans-for-first-time

Scientists in the UK have tested a new kind of vaccine in people for the first time, and part of it wasn’t designed by humans at all, but by artificial intelligence.

10/06/2026

Around 40% already rejected, 111 under review, as Cyprus’ reopened housing relief plan sees cautious interest. https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up

The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply.

10/06/2026

Police say suspects also face investigation over alleged organised crime, weapons offences and money laundering. https://knews.kathimerini.com.cy/en/news/four-including-two-businessmen-arrested-in-larnaca-and-nicosia-for-extortion-fraud

Four people have been arrested in Cyprus as police investigate what they describe as a wide-ranging case involving alleged organized crime, extortion, fraud and weapons offenses spanning several years.

10/06/2026

Drug possession, assault and speeding among hundreds of offences uncovered during coordinated patrols and roadside checks. https://knews.kathimerini.com.cy/en/news/11-arrested-as-police-step-up-overnight-raids-and-traffic-checks-across-urban-areas

Police arrested 11 people overnight across urban areas in a series of coordinated operations targeting crime, traffic violations and public disorder.

10/06/2026

Eurobank and Piraeus stand out in M&A interest, while National Bank of Greece could eye Bank of Cyprus, though political hurdles remain. https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view

Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece.

10/06/2026

Rising inflation linked to the Iran war may lead to more expensive mortgages, loans and everyday costs. https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots

The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments.

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