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12° Nicosia,
06 August, 2026
 

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Displaying results 1-30 of 1687 matches for query Finance.

1. Calling in sick under the microscope as government targets abuse in public sector

https://knews.kathimerini.com.cy/en/news/calling-in-sick-under-the-microscope-as-government-targets-abuse-in-public-sector

Taking sick leave because you're genuinely ill is one thing. Regularly calling in sick when you're perfectly capable of turning up for work is another, and it is the second group the government says it wants to tackle....

2. More than 4,200 apply for mortgage-to-rent scheme as deadline extended

https://knews.kathimerini.com.cy/en/news/more-than-4-200-apply-for-mortgage-to-rent-scheme-as-deadline-extended

For hundreds of households struggling with bad loans, the possibility of losing the family home has been hanging over them for years. Cyprus' mortgage-to-rent scheme is offering some of those borrowers a way to stay put, and thousands are trying to get in....

3. Ever wonder where your tax money goes?

https://knews.kathimerini.com.cy/en/news/ever-wonder-where-your-tax-money-goes

From hospitals and universities to buses, water, political parties, and even Facebook and Google, Cyprus spent hundreds of millions of taxpayer euros in 2025, and a newly released Treasury list reveals where some of the biggest payments went. ...

4. Government-municipality funding battle shows no sign of ending

https://knews.kathimerini.com.cy/en/news/government-municipality-funding-battle-shows-no-sign-of-ending

The dispute between the government and the Union of Municipalities over state funding for local authorities shows no sign of ending. ...

5. Former energy minister blames EAC and CERA for Cyprus power shortages

https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages

Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....

6. €156 million and still ''suffocating''? Minister tells municipalities to explain

https://knews.kathimerini.com.cy/en/news/€156-million-and-still-suffocating-minister-tells-municipalities-to-explain

If government funding for municipalities rose from €70 million to €117 million, why are local authorities now saying they cannot breathe financially?...

7. Need something from your municipality today? Expect delays until noon

https://knews.kathimerini.com.cy/en/news/need-something-from-your-municipality-today-expect-delays-until-noon

Municipalities across Cyprus are staging a three-hour peaceful protest Monday, pushing back against what they say is growing government interference in how local authorities manage their work and finances....

8. Cypriots are choosing fixed-rate home loans, and it's saving them from interest rate shocks

https://knews.kathimerini.com.cy/en/news/cypriots-are-choosing-fixed-rate-home-loans-and-it-s-saving-them-from-interest-rate-shocks

If you're taking out a mortgage in Cyprus today, chances are you're choosing a fixed interest rate rather than gambling on where borrowing costs might go next....

9. University of Cyprus expands with four new English-language degrees

https://knews.kathimerini.com.cy/en/news/university-of-cyprus-expands-with-four-new-english-language-degrees

The University of Cyprus is opening its doors to more international students, and giving local students more options to study in English, after receiving government approval for four new English-language undergraduate degree programmes....

10. Cyprus' brightest young AI minds head to world Olympiad in Kazakhstan

https://knews.kathimerini.com.cy/en/news/cyprus-brightest-young-ai-minds-head-to-world-olympiad-in-kazakhstan

While much of the world's conversation around artificial intelligence focuses on whether AI will replace jobs, a group of Cypriot students is preparing to show how the technology can be used to solve some of tomorrow's biggest challenges....

11. Bank of Cyprus named Best Sub-Custodian Bank in Cyprus 2026 by Global Finance

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-best-sub-custodian-bank-in-cyprus-2026-by-global-finance

Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, one of the world’s leading international financial publications, reaffirming the Bank’s strong position in custody and post-trade services in the Cyprus market....

12. Five years, €1 billion and hundreds of projects: Cyprus closes its EU recovery chapter

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....

13. New electric vehicle subsidy scheme expected in 2027

https://knews.kathimerini.com.cy/en/news/new-electric-vehicle-subsidy-scheme-expected-in-2027

Although electromobility continues to gain popularity among both consumers and car importers in Cyprus, the Government does not plan to announce a new subsidy scheme before the end of the year....

14. Court orders €164,585 asset confiscation in Limassol drug trafficking case

https://knews.kathimerini.com.cy/en/news/court-orders-€164-585-asset-confiscation-in-limassol-drug-trafficking-case

A Limassol criminal court has ordered the confiscation of assets worth €164,585 following the conclusion of financial investigations linked to a major drug trafficking case....

15. Government plans crackdown on public sector sick leave abuse

https://knews.kathimerini.com.cy/en/news/government-plans-crackdown-on-public-sector-sick-leave-abuse

The government is preparing changes to the rules on sick leave across the public sector, saying the goal is to tackle abuse while protecting the system for employees who genuinely need time off because of illness....

16. Cyprus ranks second in EU for workers from other member states

https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-eu-for-workers-from-other-member-states

Cyprus is one of the European Union’s biggest magnets for workers from other EU countries, ranking second among all member states for the share of its working-age population made up of people born elsewhere in the bloc....

17. A lifeline for small businesses or another state ''monster''?

https://knews.kathimerini.com.cy/en/comment/opinion/a-lifeline-for-small-businesses-or-another-state-monster

European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....

18. Finally, cooler classrooms: 25 Cyprus schools begin €20 million energy transformation

https://knews.kathimerini.com.cy/en/news/finally-cooler-classrooms-25-cyprus-schools-begin-€20-million-energy-transformation

For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...

19. Nicosia and Murcia partner in €2m digital twin cities project

https://knews.kathimerini.com.cy/en/news/nicosia-and-murcia-partner-in-€2m-digital-twin-cities-project

Nicosia Municipality has become one of the main partners in a European project designed to develop a new generation of connected digital twins for cities, supporting smarter urban planning and the continued digital development of local authorities....

20. Cyprus gets new fiscal council chief as focus turns to public finances

https://knews.kathimerini.com.cy/en/news/cyprus-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances

Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....

21. 'Loose federation' plan for Cyprus raises fears of backdoor confederation

https://knews.kathimerini.com.cy/en/news/loose-federation-plan-for-cyprus-raises-fears-of-backdoor-confederation

A reported new proposal for solving the Cyprus problem is stirring controversy after claims that the United Nations is exploring a much looser form of federation, one that critics say edges closer to a confederation without officially calling it one....

22. Limassol’s job market stays strong as finance and tech companies continue hiring

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....

23. What Cyprus can learn from Lithuania’s energy independence journey

https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey

Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....

24. The missing links keeping Cyprus beaches out of reach for wheelchair users

https://knews.kathimerini.com.cy/en/news/the-missing-links-keeping-cyprus-beaches-out-of-reach-for-wheelchair-users

Over the last seven years, Cyprus has taken various steps to make its beaches more accessible to people with disabilities. Yet, getting into the sea is only part of the equation. ...

25. Extel: Strong Vote of Confidence for Bank of Cyprus from the International Investment Community

https://knews.kathimerini.com.cy/en/business/extel-strong-vote-of-confidence-for-bank-of-cyprus-from-the-international-investment-community

Bank of Cyprus has received a prestigious and highly significant distinction, being named a “Most Honored Company” in Extel’s internationally renowned annual survey....

26. Finance Ministry rejects staffing claims as school psychologists increase by 69%

https://knews.kathimerini.com.cy/en/news/finance-ministry-rejects-staffing-claims-as-school-psychologists-increase-by-69

The Ministry of Finance has dismissed reports claiming it refused a request to fund additional educational psychologists in next year's state budget, saying discussions on the Ministry of Education's 2027 spending plans are still underway....

27. ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

28. Race against time for Cyprus missing as witnesses age and archives remain closed

https://knews.kathimerini.com.cy/en/news/race-against-time-for-cyprus-missing-as-witnesses-age-and-archives-remain-closed

Efforts to locate and identify individuals who vanished during past intercommunal violence and the 1974 invasion face an increasingly difficult timeline. Officials reported this week that vital eyewitness testimonies are rapidly disappearing as elderly sources pass away....

29. Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

30. Landmark pension reform eyes January 2027 rollout with hikes up to 55%

https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55

A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....

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