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/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-suffocation-of-young-people-in-cyprus-and-europe
Young people in Cyprus and across Europe face rising living costs, limited opportunities and growing disillusionment with political systems that fail to address their needs. Turning that frustration into meaningful change requires political engagement, clear demands and a willingness to challenge the status quo....
https://knews.kathimerini.com.cy/en/news/retire-at-63-the-pension-penalty-remains-a-sticking-point
The government has signaled a willingness to compromise on pension reform, revising its draft bill with three changes that offer concessions to unions and employers....
https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says
Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....
https://knews.kathimerini.com.cy/en/news/more-people-looking-for-work-as-registered-unemployment-rises-nearly-10
More people were registered as looking for work in Cyprus at the end of September, with the total rising nearly 10% compared with the same month last year....
https://knews.kathimerini.com.cy/en/news/finance-minister-forecasts-another-budget-surplus-as-public-debt-falls
Cyprus is expected to record a budget surplus for a third consecutive year in 2027, while public debt continues to fall, Finance Minister Makis Keravnos told lawmakers Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-returns-to-an-a-rating-but-what-happens-next-matters-more
After 15 years, the Republic of Cyprus has once again secured an A rating from S&P. This achievement closes a major chapter and gives us reason to look back at the recent history of our economy....
https://knews.kathimerini.com.cy/en/news/companies-are-still-hiring-but-job-openings-have-fallen-by-a-fifth-since-last-year
If searching for a job suddenly feels a little more competitive, the latest numbers may help explain why....
https://knews.kathimerini.com.cy/en/news/budget-stays-in-surplus-as-war-and-rising-prices-squeeze-the-economy
The 2027 state budget will be presented to the Council of Ministers on Wednesday. It was prepared against a particularly challenging economic backdrop, just one week after the European Central Bank raised interest rates in an effort to contain inflationary pressures....
https://knews.kathimerini.com.cy/en/news/realtor-s-midair-meltdown-ends-in-duct-tape-and-unemployment
An Arizona real estate agent has lost more than his composure following an alleged midair rampage that ended with him duct-taped to his first-class seat....
https://knews.kathimerini.com.cy/en/business/keravnos-big-companies-are-not-leaving-cyprus-over-15-tax-rule
Big companies are not packing their bags and leaving Cyprus because of the new global minimum tax, Finance Minister Makis Keravnos said Thursday, dismissing reports of a corporate exodus as speculation driven by ''individual voices.''...
https://knews.kathimerini.com.cy/en/news/three-months-without-pay-education-program-staff-take-to-the-streets
Workers in Ministry of Education programs are taking their demands to the Presidential Palace on Thursday after spending the summer without a salary or unemployment benefits....
https://knews.kathimerini.com.cy/en/news/cyprus-has-plenty-of-jobs-but-not-enough-workers
Employment in Cyprus is growing at a rapid pace, pushing unemployment close to record lows. This is positive for the country’s labor market, as it highlights the strength of the Cypriot economy and creates favorable prospects for growth. ...
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-falls-to-3-6-as-more-people-find-work
Finding a job in Cyprus appears to be getting easier, at least on paper....
https://knews.kathimerini.com.cy/en/news/education-workers-give-government-15-days-to-end-job-uncertainty
Workers in the Education Ministry support programs have given the government 15 working days to answer a straightforward question: After years on the job, where do they actually stand?...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-is-growing-so-why-does-life-still-feel-so-expensive
Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....
https://knews.kathimerini.com.cy/en/comment/opinion/the-christine-lagarde-enigma
June's decision was never followed through. At the meeting one month later, the European Central Bank chose not to extend its restrictive monetary policy with another interest rate increase. The message in June had been clear. It was an immediate response to rising energy prices after fighting resumed in the Middle East....
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....
https://knews.kathimerini.com.cy/en/business/there-are-plenty-of-jobs-but-the-right-workers-are-missing
The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process
In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/business/more-cypriots-are-finding-work-but-young-people-are-still-struggling-to-get-hired
Finding a job in Cyprus may finally be getting a little easier, at least for many adults already in the workforce....
https://knews.kathimerini.com.cy/en/business/registered-unemployment-climbs-by-10-4-in-april-2026
The number of people registered as unemployed at the end of April 2026 reached 8,962, according to figures released Wednesday by the Statistical Service using records from the District Labour Offices. ...
https://knews.kathimerini.com.cy/en/news/eu-finalises-decade-long-effort-to-overhaul-cross-border-social-security-rules
A major step has been taken in updating how social security systems are coordinated across the European Union, following approval by member state ambassadors of a provisional deal negotiated with the European Parliament....
