https://knews.kathimerini.com.cy/en/business/european-banking-chiefs-holding-high-level-talks-in-cyprus
Leaders from the European Banking Federation (EBF) are visiting Cyprus today and tomorrow (Jan. 13 and 14) for a series of high-level meetings with government officials and local financial regulators....
https://knews.kathimerini.com.cy/en/business/minimum-wage-jumps-in-occupied-areas-but-workers-say-they-re-still-falling-behind
In both the Greek Cypriot and Turkish Cypriot communities, new decisions on pay have garnered angry reactions among trade unions and unease among employers, even though the numbers themselves look very different....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/news/cyprus-overhauls-its-tax-system-what-it-means-for-your-family
Parliament on Monday approved Cyprus’ new tax framework, a long-awaited reform that the government says will ease the burden on households, support families with children and make the economy more competitive, without requiring citizens to suddenly become tax experts....
https://knews.kathimerini.com.cy/en/news/cyprus-takes-over-eu-council-presidency-with-symbolic-gift-exchange
Cyprus officially took over the European Union Council Presidency from Denmark during the final meeting of the EU Council of General Affairs for 2025, marked by a symbolic exchange of gifts between Cyprus’ Deputy Minister for European Affairs Marilena Raouna and Denmark’s Deputy Minister for European Affairs Marie Bjerre....
https://knews.kathimerini.com.cy/en/news/europe-could-enter-2028-without-a-budget-cyprus-steps-in
Europe risks entering 2028 without an agreed budget, putting billions of euros for farming, defense, innovation, and support for Ukraine in jeopardy. ...
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth
Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-global-space-stage-with-new-industry-alliance
Cyprus is moving from the sidelines to active participation in the global space industry, as local companies gain access to funding, partnerships and large-scale international projects through a newly formed industry association....
https://knews.kathimerini.com.cy/en/news/poland-passes-the-eu-torch-to-cyprus-after-action-packed-presidency
Poland’s six-month run at the helm of the EU Council is coming to a close, and Ambassador Marek Szczepanowski says it’s been a busy, ambitious ride. ...
https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027
The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....
https://knews.kathimerini.com.cy/en/news/eu-presidency-nears-metsola-visits-to-align-priorities
With just one month to go before Cyprus takes over the rotating presidency of the Council of the European Union, President Nikos Christodoulides unveiled the country’s priorities during a high-level visit by European Parliament President Roberta Metsola on Monday....
https://knews.kathimerini.com.cy/en/comment/opinion/reforms-are-not-done-this-way
Teachers, who are at the forefront of the reform, have voiced their disagreements, noting that the increased costs are not matched by an end to the practice of leveling down. So far, this has resulted in a brief work stoppage, accompanied by the predictable disruption....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/the-significance-of-the-p-tec-summit
The Partnership for Transatlantic Energy Cooperation (P-TEC) is a U.S. initiative coordinated by the Department of Energy. Its goal is to foster collaboration between Eastern European countries and the United States, focusing on energy security and the sustainability of infrastructure....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/news/cyprus-reaches-for-the-stars-joins-european-space-agency-as-associate-member
Cyprus formally joined the European Space Agency (ESA) as an Associate Member this week, a move hailed by officials as a milestone in the island nation’s growing role within Europe’s space and technology landscape....
https://knews.kathimerini.com.cy/en/business/‘cyprus-can-become-a-regional-ai-hub-says-insead-professor
Cyprus has what it takes to become a regional leader in artificial intelligence (AI), but time is running out, says Theodoros Evgeniou, professor of technology and entrepreneurship at INSEAD, one of the world’s top business schools....
https://knews.kathimerini.com.cy/en/news/med9-summit-president-presents-six-point-proposal-for-gaza
President Nikos Christodoulides outlined a six-point proposal aimed at addressing the humanitarian crisis in Gaza during the MED9 Summit held in Slovenia on Monday...
https://knews.kathimerini.com.cy/en/news/workers-and-digital-nomads-to-benefit-from-eu-s-new-fair-work-rules
Cyprus’s growing community of digital nomads, migrant workers, and seasonal staff could soon see a major shake-up in how their work and benefits are handled across Europe....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-issues-its-annual-transparency-report-building-trust-driving-impact-and-shaping-a-sustainable-future
Deloitte Cyprus has published its 14th Transparency Report covering the period from 1 June 2024 to 31 May 2025....
https://knews.kathimerini.com.cy/en/news/alpha-stage-at-digital-agenda-2025-showcasing-cyprus-as-a-hub-of-innovation
Cyprus has a story to tell. One of creativity, daring ideas, and a growing ecosystem of innovation. At the Digital Agenda Cyprus Summit 2025, happening on October 9, the Alpha Stage will put the spotlight squarely on the people making it happen....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-hosts-european-council-president
President Nikos Christodoulides welcomed European Council President António Costa to Nicosia, showcasing Cyprus’ readiness to take the helm of the European Union Council in the first half of 2026....
https://knews.kathimerini.com.cy/en/business/fight-over-fair-pay-for-all-heats-up
Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost of Living Allowance (ATA) to all workers, a pre-election pledge by President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-join-europe-s-legal-fight-to-break-booking-com-s-grip
Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...
