https://knews.kathimerini.com.cy/en/comment/opinion/prudently-sparingly
The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-brace-for-tough-summer-as-middle-east-tensions-hit-tourism
A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....
https://knews.kathimerini.com.cy/en/business/brace-for-another-interest-rate-hike-in-june-cyprus-central-banker-warns
Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/business/cyprus-loan-collection-agencies-face-major-overhaul-under-new-eu-crackdown
Cyprus’ growing ''shadow banking'' sector is entering a period of major change as stricter European rules force credit servicing companies to tighten controls, cut risky partnerships, and rethink how they handle technology and security....
https://knews.kathimerini.com.cy/en/news/supreme-court-rejects-polish-investor-s-appeal-over-2013-bank-haircut-losses
Cyprus’ Supreme Court has rejected an appeal by a Polish woman who sought compensation from the Republic of Cyprus over losses she suffered during the 2013 banking crisis, bringing a long-running legal fight over deposit “haircuts” to a close....
https://knews.kathimerini.com.cy/en/news/finance-ministry-reopens-‘mortgage-to-rent-scheme-for-vulnerable-homeowners
A new window is reopening for Cyprus’ “Mortgage to Rent” scheme, with the Finance Ministry announcing that applications will once again be accepted for vulnerable borrowers struggling with non-performing loans tied to their primary homes....
https://knews.kathimerini.com.cy/en/news/church-of-cyprus-rejects-‘high-interest-loan-claims-in-paphos-case
The Audit Department of the Church of Cyprus has rejected allegations about the financial management of the Metropolis of Paphos, describing them as false and damaging....
https://knews.kathimerini.com.cy/en/business/cyprus-still-on-investors-radar-despite-iran-war
The war in Iran is not shutting the door on investment and business activity in Cyprus. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-wreckage-of-a-narrative
I am writing less than fifteen days after a building in the city where I was born and raised collapsed suddenly like a house of cards, killing two unsuspecting people. One of them was identified only eleven days after the tragedy....
https://knews.kathimerini.com.cy/en/news/watch-your-interest-rates-cbc-sets-legal-limit-at-11-72
The Central Bank of Cyprus has set the country’s reference interest rate at 11.72%, drawing a clear legal line for what counts as excessive and illegal lending....
https://knews.kathimerini.com.cy/en/comment/opinion/a-simple-fix-for-a-dangerous-housing-reality
On Holy Saturday, an aging apartment building collapsed, costing two people their lives. Tragic. The Minister of the Interior met with the President and a delegation from the Cyprus Scientific and Technical Chamber to discuss dangerous buildings and possible steps to manage these risks more effectively. ...
https://knews.kathimerini.com.cy/en/news/president-approves-part-of-foreclosure-reforms-sends-rest-back-for-changes
Cyprus’ long-running effort to reform its foreclosure system has taken a sharp turn, with President Nikos Christodoulides approving only three out of 12 new laws passed by parliament....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-named-best-private-bank-cyprus-2026-by-global-banking-finance-awards-for-the-4th-consecutive-year
Bank of Cyprus has once again been named “Best Private Bank Cyprus 2026” as part of the Global Banking & Finance Awards, organized by the reputable magazine Global Banking & Finance Review....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-end-state-borrowing-from-social-insurance-fund-in-pension-reform-plan
Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...
https://knews.kathimerini.com.cy/en/comment/opinion/israeli-intelligence-firm-linked-to-cyprus-video-controversy
Given that the government itself, in the confusion and panic that followed the release of the now well-known video last January, quietly allowed the narrative of a Russian hybrid attack against the Republic of Cyprus to take hold, the revelation that the material was actually produced by a private intelligence company from neighboring Israel is, in itself, significant....
https://knews.kathimerini.com.cy/en/business/evgenii-tiapkin-at-freedom-inside-2026-the-european-market-and-the-development-of-the-freedom24-platform
Freedom24 Executive Director Evgenii Tiapkin took the Main Stage at Freedom Inside in Astana on April 9 with a presentation on the European market and the development of the Freedom24 platform....
https://knews.kathimerini.com.cy/en/news/cyprus-linked-firms-tied-to-€25-8m-russian-construction-fraud-investigation-finds
A new investigation by the Cyprus Investigative Reporting Network (CIReN) reveals that companies based in Cyprus were linked to a €25.8 million fraud case involving Russia’s construction sector....
https://knews.kathimerini.com.cy/en/news/ey-cyprus-announces-the-appointment-of-antonis-rouvas-as-a-new-partner
EY Cyprus is pleased to announce that it is strengthening its Consulting Services with the addition of Antonis Rouvas, who joins the firm as a partner, bringing a wealth of experience in the banking, insurance and funds sectors and in the areas of financial risk management and regulatory matters....
https://knews.kathimerini.com.cy/en/business/middle-east-conflict-threatens-cyprus-tourism-ports-and-banks-says-dbrs
Cyprus’ sunny beaches, luxury resorts, and bustling ports could soon feel the ripple effects of turmoil in the Middle East. A new report from Canadian rating agency Morningstar DBRS warns that the island’s heavy dependence on tourism and shipping makes it particularly vulnerable to disruptions from the Gulf....
https://knews.kathimerini.com.cy/en/news/cyprus-named-in-three-separate-non-compliance-actions-by-european-commission
The European Commission on Friday stepped up pressure on Cyprus and a group of EU member states, launching a series of infringement procedures over delays in implementing key legislation spanning financial transparency, banking regulation and criminal justice cooperation...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-acquires-cdbbank-s-healthy-assets-in-strategic-move
Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....
https://knews.kathimerini.com.cy/en/news/government-weighs-return-of-mortgage-to-rent-scheme-to-help-homeowners-avoid-foreclosure
As debate continues over changes to foreclosure laws and Parliament races to pass legislation that will reshape the framework, the Mortgage to Rent scheme has once again come into focus....
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/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/foreclosure-suspensions-keep-returning-in-cyprus
A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-fined-€160-000-over-unfair-mortgage-loan-clauses
Cyprus’ Consumer Protection Service (CPS) has imposed a €160,000 administrative fine on Alpha Bank Cyprus Ltd after determining that certain clauses in its mortgage loan agreements with consumers were unfair and insufficiently transparent....
https://knews.kathimerini.com.cy/en/business/eurobank-rolls-out-voluntary-exit-plan-for-up-to-300-employees
Eurobank has announced a new voluntary exit plan aimed at reducing its workforce across the entire group, including employees from its insurance subsidiaries....
https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech
Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....
https://knews.kathimerini.com.cy/en/news/paphos-man-loses-nearly-€7-000-after-scam-caller-poses-as-bank-employee
A 50-year-old man in Paphos lost €6,860 after falling for a phone scam by someone pretending to be a bank employee, police said....
