https://knews.kathimerini.com.cy/en/news/minimum-income-benefits-paid-for-nearly-11-years-in-some-cases-without-final-approval
Cyprus paid Guaranteed Minimum Income benefits for years in some cases while applications were still awaiting a final decision, the Audit Office found....
https://knews.kathimerini.com.cy/en/business/7th-lidl-wellness-camp-a-resounding-success-with-a-strong-social-impact
Focused on knowledge, human connection, and conscious daily choices that enhance quality of life, the 7th Lidl Wellness Camp was materialised with resounding success. The two-day event took place on November 7th and 8th at the St Raphael Resort & Marina in Limassol, under the auspices of prominent institutional and scientific bodies. This underscores Lidl Cyprus’ steadfast commitment to fostering a better and more sustainable everyday life, in line with its ‘Better Living’ philosophy.
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https://knews.kathimerini.com.cy/en/news/home-prices-rose-in-cyprus-but-did-household-incomes-keep-up
If you spent last year saving for a flat, a steady housing index might sound at odds with what you saw in the listings....
https://knews.kathimerini.com.cy/en/news/europe-wants-to-stay-competitive-but-it-needs-more-workers
Limited resources and a shortage of workers are among Europe’s biggest challenges, Greek Deputy Foreign Minister Tasos Chatzivasileiou said at The Economist’s 22nd Annual Cyprus Summit in Nicosia. The question, he said, is how Europe can turn those pressures into opportunities....
https://knews.kathimerini.com.cy/en/news/what-if-cyprus-kept-more-of-the-rain-that-falls
Growing pressure on Cyprus’ water supplies is drawing attention to how the Netherlands manages its water. Shortages and the effects of climate change have made the search for new approaches more urgent....
https://knews.kathimerini.com.cy/en/business/cyprus-can-attract-investors-but-can-it-make-it-easier-for-them-to-grow
A small business can find a funding program that fits its plans and still struggle to get through the application. A company looking to expand can spend months waiting for a decision without knowing when it will come. ...
https://knews.kathimerini.com.cy/en/news/two-contenders-for-lagarde-s-job-as-europe-weighs-who-will-steer-interest-rates
Eurozone finance ministers opened talks Monday on who should succeed Christine Lagarde at the European Central Bank, a choice that comes as higher energy prices complicate the bank’s decisions on interest rates. ...
https://knews.kathimerini.com.cy/en/business/construction-needs-5-000-more-workers-who-gets-to-hire-them
The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs....
https://knews.kathimerini.com.cy/en/news/christodoulides-wants-cyprus-on-a-new-trade-route-from-india-to-europe
Cyprus can’t move itself on the map. But it can change what it does with its location, President Nikos Christodoulides said Monday as he made the case for a Cypriot role in a proposed trade route linking India and Europe through the Middle East....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/business/cyprus-falls-behind-in-the-race-to-become-a-regional-trade-hub
Cyprus’ ambition to become a regional trade hub is running up against reality. Its strategic location offers clear advantages, but turning those advantages into a competitive trading center remains a distant prospect....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-are-rising-but-the-eu-average-is-still-€12-000-higher
The average full-time salary in Cyprus rose by about €117 a month last year before deductions. That put annual pay just shy of €30,000, still nearly €12,000 below the European Union average....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/news/from-the-pump-to-the-power-bill-costs-climb-in-cyprus
You can put off buying a new pair of shoes. Filling up the car to get to work or paying the electricity bill is harder to put off. In October, those everyday costs helped push Cyprus’ annual inflation rate to 4.4%, up from 3.7% in September....
https://knews.kathimerini.com.cy/en/comment/opinion/why-nothing-changes-in-cyprus
The other day, I watched Britain’s growth minister, Dan Tomlinson, give an outstanding interview on Sky News....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-pay-more-to-keep-the-lights-on
Businesses in Cyprus paid about 28% more for electricity than the EU average in the first half of 2026, according to Eurostat figures released Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/news/pamboridis-says-disy-risks-repeating-2023-with-neofytou
''Either we turn the page or we remain hostage to the past,'' George Pamborides tells Kathimerini, setting out what he believes is at stake in the race for the Democratic Rally (DISY) nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/business/innovation-minister-heads-to-silicon-valley-seeking-investors-for-local-startups
A good idea can start in Cyprus. Finding the money, customers, and contacts to turn it into a thriving business often means looking beyond the island....
https://knews.kathimerini.com.cy/en/business/cars-from-€500-go-under-the-hammer-in-mosfiloti
A car for €500? That should get a few people to stop scrolling through secondhand listings....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/business/eurobank-profits-climb-as-cyprus-delivers-nearly-a-third-of-earnings
Eurobank’s profits rose in the first nine months of 2026, with Cyprus providing nearly a third of the group’s adjusted earnings, even though profits from its operations on the island fell slightly....
https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/news/even-coffee-is-taking-a-bigger-bite-out-of-cyprus-budgets
A cup of coffee is becoming an increasingly costly habit for consumers in Cyprus, with prices for both traditional Cypriot and instant coffee climbing over the past year....
https://knews.kathimerini.com.cy/en/business/cyprus-wants-companies-that-bring-more-than-a-registered-address
Attracting companies to Cyprus is one thing. Making sure they actually do business here and contribute to the economy is another....
https://knews.kathimerini.com.cy/en/comment/opinion/who-wants-to-run-a-business-in-cyprus-anymore
Between armed conflicts, geopolitical developments, a prolonged energy crisis and constant shifts in the global economy, running a business in Cyprus is becoming increasingly difficult....
