Cyprus resale property market reaches €727 million in first half of 2026
Cyprus resale property deals totalled €727.2 million across 3,202 transactions in the first half of 2026, with Limassol generating the highest value and price per square metre.
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What matters in Cyprus, in brief. New stories appear through the day.
Tax Department moves IBAN changes to Tax For All from October 5
From October 5, taxpayers must register or change their bank account for tax payments only through the Tax For All portal using CY Login. Requests sent by email will no longer be accepted.
Cyprus pushes ahead with 460 affordable homes on state land
Interior Minister Constantinos Ioannou says the €70 million plan to build 460 affordable rental units on state land is now moving into implementation.
Social insurance benefits go digital as processing speeds up by 70 per cent
Applications for paternity, maternity, parental leave and funeral allowances can now be filed online, with processing up to 70 per cent faster, according to Deputy Research Minister Nicodimos Damianou.
Minister urges calm on fuel prices as expert warns of prolonged hikes
Finance Minister Makis Keravnos called for restraint over rising fuel costs, saying support measures are being prepared, while an energy expert predicts high prices will last until mid-2027.
Cyprus posts fourth-steepest EU petrol price rise in August
Petrol prices in Cyprus jumped 6.2 per cent between July and August, the fourth-largest monthly increase in the EU, according to Eurostat data.
Hourly-paid government staff warn against any change to president meeting plans
Cyprus hourly-paid government workers say they will not accept any deviation from the agreed timetable for talks with President Nikos Christodoulides, warning strikes could resume.
Cyprus firms face new EU cyber rules as CRA obligations begin
Cypriot manufacturers and software developers must now report exploited vulnerabilities and severe security incidents under the EU's Cyber Resilience Act, with smaller firms facing the toughest compliance challenge.
Pension reform to cost state over €800m in six years
Labour Minister Marinos Mousiouttas says the pension overhaul will add €820m in costs over six years, as the government prepares to table the first bill in parliament.
Akrotiri–Kolossi highway stays shut until Tuesday lunchtime
The highway stretch through the Sovereign Base Areas from Akrotiri to Kolossi will remain closed until Tuesday lunchtime as urgent repairs to underground infrastructure continue.
Over 5,100 Turkish Cypriots granted Cyprus citizenship since 2004
The interior ministry says 5,176 citizenships have been approved since 2004, with most granted before formal cabinet criteria took effect in 2007.
Mosquito numbers rise in Cyprus as heat and rain create breeding sites
Health services say three years of rising mosquito numbers and 14 West Nile virus cases this year are linked to high temperatures and recent rainfall.