https://knews.kathimerini.com.cy/en/comment/opinion/from-money-haircuts-to-power-haircuts
What has stayed with me most from Cyprus’ first term holding the Presidency of the EU Council, back in 2012, is the issuance of the Council Conclusions, the unanimous decisions that called for approval of the infamous EU directive on “banking resolution and recovery.” ...
https://knews.kathimerini.com.cy/en/news/even-in-cyprus-s-dead-zone-life-finds-a-way-to-be-cultivated
In Evrychou, located inside the Dead Zone, has remained untouched by pesticides, fertilizers, or modern agricultural intervention....
https://knews.kathimerini.com.cy/en/business/cypriots-borrow-more-but-stash-far-more-cash-in-the-bank
Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/news/nationwide-police-crackdown-leads-to-11-arrests-in-overnight-operation
Police carried out a large-scale overnight operation across urban areas as part of an ongoing strategy to prevent serious crime, protect the public, and maintain public order. ...
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/business/banks-agree-employees-to-get-€4-500-in-bonuses-salary-hikes-and-expanded-loans
Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027....
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/big-insurance-shake-up-coming-to-cyprus
Alpha Bank is moving to shake up Cyprus’ insurance sector, announcing a major deal that will merge two well-known insurers into what is expected to become one of the country’s biggest insurance groups....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-12-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/genikes-insurance-for-the-5th-consecutive-year-best-general-sector-insurer-in-cyprus
''Genikes Insurance has a strong reputation as the most trusted insurance company in Cyprus, and by adding to this their dynamic digital transformation strategy, they are building a strong value insurance offer to their customers.''...
https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates
Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...
https://knews.kathimerini.com.cy/en/news/larnaca-students-lead-the-way-in-climate-resilience-workshop
The Bank of Cyprus, in partnership with the Ministry of Education, Sports and Youth and Hermes Airports, hosted a hands-on educational workshop in Larnaca as part of its “Youth Ask and Provide Solutions” initiative....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/€1-2-million-vanishes-in-online-scam-targeting-limassol-company
A 35-year-old owner of a company registered abroad, but with an office in Limassol, reported today to the Limassol CID that his business fell victim to an online scam, resulting in a loss of €1.2 million....
https://knews.kathimerini.com.cy/en/news/cyprus-bank-workers-win-pay-boost-and-extra-leave-in-landmark-deal
Negotiations over the renewal of the 2023–2027 Collective Agreement between the Cyprus Banks Association (KESK) and the Cyprus Bank Employees’ Union (ETYK) have ended on a positive note, clearing the way for pay increases and improved benefits for bank employees....
https://knews.kathimerini.com.cy/en/out-about/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus
If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....
https://knews.kathimerini.com.cy/en/news/paphos-municipality-to-crack-down-on-thousands-of-unlicensed-businesses
The Municipality of Paphos is moving to enforce strict compliance with licensing regulations after a survey revealed widespread violations across the city. ...
https://knews.kathimerini.com.cy/en/news/organized-criminal-network-behind-oncology-center-hack
The Bank of Cyprus Oncology Center has suffered a cyberattack that resulted in the unauthorized access and theft of personal data, the country’s Personal Data Protection Authority said Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/news/hackers-hit-bank-of-cyprus-oncology-center-steal-patient-data
The Bank of Cyprus Oncology Center has reported a serious data breach after hackers stole sensitive patient and employee information and then threatened to leak it publicly, the center announced Thursday....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance
The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....
https://knews.kathimerini.com.cy/en/news/larnaca-firm-scammed-out-of-€111-370-in-sophisticated-online-fraud
A Larnaca-based firm has fallen victim to an online fraud scheme, resulting in a financial loss of €111,370, authorities confirmed....
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/news/cancer-linked-sperm-used-in-cyprus-and-dozens-of-countries
Sperm from a Danish donor who unknowingly carried a dangerous cancer-linked mutation was used in fertility treatments across Europe, including in Cyprus, investigators have confirmed. ...
https://knews.kathimerini.com.cy/en/news/israeli-woman-receives-life-saving-liver-from-cyprus-in-overnight-transplant
In a life-saving cross-border effort, 32-year-old Linoy Amsalem received a liver transplant at Rabin Medical Center after a compatible organ was flown from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/severe-flooding-sweeps-through-occupied-nicosia-and-kyrenia
Heavy overnight rain unleashed major flooding across occupied Nicosia and Kyrenia, turning streams into torrents, triggering landslides and leaving homes and roads underwater....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
